Civic Intelligence

Taylor Charitable Trust

EIN 38-3692424 • 501(c)3 • Pennington, NJ

Profile

EDUCATIONAL AND MEDICAL

PO Box 1532Pennington, NJ 08534-0691

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

6th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE L • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE L • $1M-$5M nonprofits • Source year 2025

Net Margin

92nd percentile

69%

Higher net margin than 92% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

53rd percentile

$67,999

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 16.7% of source-year revenue.

NTEE L • $1M-$5M nonprofits • Source year 2025

Asset Growth

80th percentile

8.3%

Faster asset growth than 80% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

90th percentile

54%

Faster revenue growth than 90% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$3,490,731

Up $146,322 (+4.4%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$3,490,731

Up $146,322 (+4.4%) from 2023

Revenue

Up

$265,298

Up $33,841 (+15%) from 2023

Expenses

Down

$117,772

Down $218,110 (-65%) from 2023

Net Income

Up

$147,526

Up $251,951 (+241%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $2,155,839Liabilities 2012: $0Net Assets 2012: $2,155,8392012Assets 2013: $2,294,429Liabilities 2013: $0Net Assets 2013: $2,294,4292013Assets 2014: $2,496,904Liabilities 2014: $0Net Assets 2014: $2,496,9042014Assets 2015: $2,629,727Liabilities 2015: $0Net Assets 2015: $2,629,7272015Assets 2016: $2,553,785Liabilities 2016: $0Net Assets 2016: $2,553,7852016Assets 2017: $2,654,301Liabilities 2017: $0Net Assets 2017: $2,654,3012017Assets 2018: $2,812,869Liabilities 2018: $0Net Assets 2018: $2,812,8692018Assets 2019: $2,835,728Liabilities 2019: $0Net Assets 2019: $2,835,7282019Assets 2020: $3,000,466Liabilities 2020: $0Net Assets 2020: $3,000,4662020Assets 2021: $3,395,091Liabilities 2021: $0Net Assets 2021: $3,395,0912021Assets 2022: $3,450,025Liabilities 2022: $0Net Assets 2022: $3,450,0252022Assets 2023: $3,344,409Liabilities 2023: $0Net Assets 2023: $3,344,4092023Assets 2024: $3,490,731Liabilities 2024: $0Net Assets 2024: $3,490,7312024

Highlighted filing

2024

Assets$3,490,731
Liabilities$0
Net Assets$3,490,731

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2012: $109,307Expenses 2012: $87,800Net Income 2012: $21,5072012Revenue 2013: $223,473Expenses 2013: $92,639Net Income 2013: $130,8342013Revenue 2014: $307,875Expenses 2014: $98,883Net Income 2014: $208,9922014Revenue 2015: $235,299Expenses 2015: $113,106Net Income 2015: $122,1932015Revenue 2016: $102,450Expenses 2016: $181,603Net Income 2016: -$79,1532016Revenue 2017: $250,912Expenses 2017: $179,570Net Income 2017: $71,3422017Revenue 2018: $207,142Expenses 2018: $57,655Net Income 2018: $149,4872018Revenue 2019: $208,630Expenses 2019: $180,969Net Income 2019: $27,6612019Revenue 2020: $287,188Expenses 2020: $125,998Net Income 2020: $161,1902020Revenue 2021: $519,870Expenses 2021: $126,638Net Income 2021: $393,2322021Revenue 2022: $183,863Expenses 2022: $126,929Net Income 2022: $56,9342022Revenue 2023: $231,457Expenses 2023: $335,882Net Income 2023: -$104,4252023Revenue 2024: $265,298Expenses 2024: $117,772Net Income 2024: $147,5262024

Highlighted filing

2024

Revenue$265,298
Expenses$117,772
Net Income$147,526

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Nov 19, 2024
Return Version
2023v5.1
Gross Receipts
$873,085
Mission and Program Overview

Mission

EDUCATIONAL AND MEDICAL

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$3,344,409$3,490,731▲ $146,322
Investments Other Securities$2,739,804$2,859,868▲ $120,064
Savings and Temporary Cash Investments$56,157$69,427▲ $13,270
Cash and Non-Interest-Bearing Accounts$-13,539$-11,542▲ $1,997
Total Assets$3,344,409$3,490,731▲ $146,322
Other Assets Total$561,987$572,978▲ $10,991
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,344,409$3,490,731▲ $146,322
Total Liabilities and Net Assets / Fund Balance$3,344,409$3,490,731▲ $146,322
Compensation and Service Providers

Employees

NameTitleBaseTotal
Bank of AmericaTrustee$62,325$62,325
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$265,298
Other Revenue
$0
Change in Net Assets
$147,526
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$62,325
Grants and Similar Amounts Paid$52,389
Other Expenses$3,058
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$37,395$24,930-$62,325
Grants to Domestic Orgs$52,389--$52,389
Other Expenses-$2,013-$2,013
Total Functional Expenses$89,784$27,988$0$117,772
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Masonic Charity FdnBurlington, NJ501(c)(3)Charitable Purposes$32,743
Springpoint Fdn IncWall Townshipo, NJ501(c)(3)Charitable Purposes$19,646
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8A

The organization follows the same strict policies as it's corporate trustee

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8B

The organization follows the same strict policies as it's corporate trustee

Form 990, Page 6, Part VI, Line 11-description of Process for Review

The 990 is provided to the trustee upon completion for review. Any discrepancies indentified during their review are notified prior to filing the form 990

Form 990, Page 6, Part VI, Line 19

These documents are not made available to the public; however, upon request they can be made available.

Filing and Contact Details

Filer

Filer Name
Taylor Charitable Trust
EIN
38-3692424
Phone
6092746834
Address
PO BOX 1532, PENNINGTON, NJ 08534-0691

Signing Officer

Name
Bank of America N a
Title
Trustee
Phone
6092746834
Signed
2024-11-19
Discuss with paid preparer
Yes

Organization Details

Formed
1996
Legal Domicile
Nj
Voting Board Members
0
Independent Board Members
2
Employees
0

Preparer

Firm
Pwc US Tax Llp
Address
301 GRANT STREET 45TH FLOOR, PITTSBURGH, PA 15219
Preparer
Lawrence Mcguire
Phone
4123556000
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

Cy poai c/o ($901); py poai c/o $733; amort and cost basis adj ($-1,036).

Raw XML AppendixShowing 400 of 436 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SINCE ITS INCEPTION, THE TAYLOR CHARITABLE TRUST MAINTAINS A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH THE DESIGNATED CONTRACTS AT THE CHARITIES. CHRISTOPHER DI MEDIO, FINANCIAL ADVISORS, HAS HAD SEMI-ANNUAL FACE OR TELEPHONIC MEETINGS WITH DESIGNED INDIVIDUALS, USUALLY THE DEVELOPMENT DIRECTOR, CURRENTLY C.S. ABBOTT OR S HERITAGE-COMEGYS, TRUST AND ESTATE MANAGER AT MASONIC AND THE
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1SPRINGPOINT FOUNDATION OF PRESBYTERIAN HOMES DURING WHICH THE NEEDS, WHATS THE INCOME WILL BE USED AND ANY CHANGES IN INVESTMENT NEEDED TO ACCOMPLISH SET GOALS. THE TRUST OFFICER ON THE ACCOUNT COMMUNICATES ON A REGULAR BASIS WITH THE DESIGNATED CONTACTS AT THE CHARITIES CONFIRMING INVESTEMNT CHANGES AS NECESSARY AND PLANS FOR DISTRIBUTIONS AND OTHER ADMINISTRATIVE MATTERS. THE CHARITIES
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2STATEMENTS, AN ANNUAL USE OF FUNDS LETTER, ANNUAL SUPPORTING ORGANIZATION NOTIFICATION & AN ANNUAL STATEMENT.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3BANK OF AMERICA HAS AN INVESTMENT POLICY STATEMENT WHERE THE ACCOUNT IS INDIVIDUALLY REVIEWED UPON ACCOUNT OPENING AND EVERY 2 YEARS. THE INVESTMENT OBJECTIVE IS BASED ON THE UNIQUE SITUATION OF THE ACCOUNT AND THE BENEFICIARIES. THE BENEFIARIES RECIEVE THE STATEMENT OF ASSETS AND TRANSACTIONS AT LEAST ANNUALLY IN TERMS OF TIMING OF GRANTS, ETC. IF THE FREQUENCY IS NOT SPECIFIED IN THE GOVERNING
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt4DOCUMENT, THE BENEFICIARIES ARE CONTACTED TO DISCUSS THE PAYMENT TIMING.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 2
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION D, LINE 2, CONT
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION D, LINE 2, CONT PART 2
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3PART IV, SECTION D, LINE 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc4PART IV, SECTION D, LINE 3, CONT
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IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/CurrentYearAmt056165
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt052965
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IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt119646
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1SPRINGPOINT FOUNDATION PRESBYTERIAN HOME
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1MASONIC CHARITY FDN
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1902 JACKSONVILLE RD
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE TRUST WORKS CLOSELY WITH THE BENEFICIARIES TO MAKE SURE THE FUNDS ARE BEING USED FOR CHARITABLE PURPOSES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS THE SAME STRICT POLICIES AS IT'S CORPORATE TRUSTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION FOLLOWS THE SAME STRICT POLICIES AS IT'S CORPORATE TRUSTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS PROVIDED TO THE TRUSTEE UPON COMPLETION FOR REVIEW. ANY DISCREPANCIES INDENTIFIED DURING THEIR REVIEW ARE NOTIFIED PRIOR TO FILING THE FORM 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THESE DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC; HOWEVER, UPON REQUEST THEY CAN BE MADE AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CY POAI C/O ($901); PY POAI C/O $733; AMORT AND COST BASIS ADJ ($-1,036).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4EXPLANATION FOR FORM 990, PART XI, LINE 9
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUPPORT FOR THE COMMUNITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SUPPORT OF THE COMMUNITY
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01300 MERRILL LYNCH DRIVE
IRS990/USAddress/CityNm0PENNINGTON

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