Operating record

Taylor Hooton Foundation

Mckinney, TX · EIN 80-0099679 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$362,670$549,195−$186,52513.452%
2021$555,148$499,069$56,07916.151%
2022$459,262$471,222−$11,96016.748%
2023$439,466$526,373−$86,90713.047%

In its most recent public year (2023), this organization spent $86,907 more than it brought in. Its reserves stood at about 13 months of spending. Staff pay was 47% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗