Joel and Nina Taylor Foundation

EIN: 850368687 501(c)(3)

Albuquerque, NM

Total Revenue
$377,078
Total Expenses
$213,561
Total Assets
$3,485,270
Net Assets
$3,485,270
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
NM
Principal Officer
J Michael Jones
Phone
5052370064
Tax Period
2023-01-01 to 2023-12-31

Joel and Nina Taylor Foundation, founded in 2005, is a small nonprofit that reported $377K in total revenue in fiscal year 2023. The organization ran a surplus of $164K, a strong 43% operating margin.

Mission

To provide financial support to three designated 501(c)(3) publicly supported organizations, Albuquerque Christian School, Lubbock Christian University and Albuquerque Christian Children's Home. Distributions are made annually to the designated organizations or to other 501(c)(3)ministries as directed by the supported organizations.

Program Service Accomplishments

Program 1
Expenses: $142,129

Distributions of $35,543 each were made to the three 501(c)(3) organizations the Foundation's Articles of lncorp. require it to support, Albuquerque Christian Children's Home, Albuquerque Christian...

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Distributions of $35,543 each were made to the three 501(c)(3) organizations the Foundation's Articles of lncorp. require it to support, Albuquerque Christian Children's Home, Albuquerque Christian School and Lubbock Christian University. Additional distributions of $10,000 each was made to the Christian Relief Fund,the African Christian College and the Monterey Church of Christ, and $5,500 was made to the Mountainside Church of Christ Eldership.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $377,078
Other Revenue $0
TOTAL REVENUE $377,078

Expense Breakdown

Grants Paid $142,129
Salaries & Benefits $42,296
Fundraising Expenses $0
Program Expenses $142,129
Other Expenses $29,136
TOTAL EXPENSES $213,561

Year-over-Year Comparison

2023 2022 Change
Revenue $377,078 $-271,871 -2.4%
Expenses $213,561 $348,695 -0.4%
Net Income $163,517 $-620,566 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$42,296
Total Directors
3
$42,296
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
J Michael Jones President 5.00
Officer Director
$16,254 $0 $16,254
Doug Hush Vice President 5.00
Officer Director
$13,021 $0 $13,021
Mary Williams Secretary 5.00
Officer Director
$13,021 $0 $13,021
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $377,078 $213,561 $3,485,270 $163,517
2022 $-271,871 $348,695 $2,823,299 $-620,566
2021 $977,984 $302,011 $4,592,940 $675,973
2020 $113,079 $222,122 $3,934,162 $-109,043
2019 $138,968 $179,186 $2,973,752 $-40,218
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