Frank M Tait Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Frank M Tait Foundation is a 501(c)(3) organization based in Oakwood, Ohio, registered in 1957, with $873,890 in FY2025 revenue. CharityIndex grades it B.
1 Oakwood Ave Unit 523, Oakwood, OH, 45409 EIN 31-6037499 Since 1957
Revenue (FY2025)
$874K
▲ 54.8% vs prior year
Expenses (FY2025)
$533K
Net assets
$10.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Frank M Tait Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating226 mo reserves · +39% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Frank M Tait Foundation: 226 mo reserves · +39% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Frank M Tait Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Frank M Tait Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $482K (FY2013) to $874K (FY2025) across 13 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $8,750Net assets $10.1M
Operating margin
39.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.1M
Total liabilities
$8,750
Net assets
$10.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $873,890▲54.8% | $532,763▲8.3% | $10,054,622▲8.1% | $10,063,372▲8.0% | 990PF |
| 2024 | $564,661▲125% | $492,096▲16.8% | $9,305,241▲6.7% | $9,313,813▲6.8% | 990PF |
| 2023 | $250,482▼91.0% | $421,458▼8.8% | $8,717,273▲9.0% | $8,721,731▲8.6% | 990PF |
| 2022 | $2,779,762▲465% | $462,087▼6.7% | $7,994,587▼19.9% | $8,030,866▼19.6% | 990PF |
| 2021 | $492,233▲175% | $495,266▲9.8% | $9,985,712▲46.3% | $9,993,146▲46.3% | 990PF |
| 2020 | $179,123▼35.4% | $451,208▼4.9% | $6,824,151▼3.9% | $6,828,783▼3.9% | 990PF |
| 2019 | $277,285▲21.8% | $474,374▲2.4% | $7,100,135▼2.7% | $7,104,516▼2.7% | 990PF |
| 2018 | $227,737▼79.0% | $463,091▲5.6% | $7,298,214▼3.1% | $7,302,214▼3.4% | 990PF |
| 2017 | $1,086,721▲241% | $438,457▲4.4% | $7,533,129▲9.7% | $7,559,947▲10.0% | 990PF |
| 2016 | $318,708▲76.7% | $420,079▲0.5% | $6,869,592▼1.3% | $6,873,426▼1.3% | 990PF |
| 2015 | $180,364▼66.5% | $417,925▼4.1% | $6,958,594▼3.6% | $6,962,428▼5.5% | 990PF |
| 2014 | $538,854▲11.8% | $435,697▲4.5% | $7,221,336▲2.2% | $7,364,903▲4.2% | 990PF |
| 2013 | $481,975 | $416,762▲14.1% | $7,063,852▲0.3% | $7,069,350▲0.4% | 990PF |
| 2012 | — | $365,191▼11.1% | $7,040,734▼0.9% | $7,044,068▼1.3% | 990PF |
| 2011 | — | $410,581▲18.7% | $7,102,209▲7.9% | $7,137,169▲8.4% | 990PF |
| 2010 | — | $345,857 | $6,580,503 | $6,584,547 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Frank M Tait Foundation a legitimate nonprofit?
- Yes. Frank M Tait Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-6037499, based in Oakwood, Ohio. Donations are tax-deductible.
- What is Frank M Tait Foundation's EIN?
- Frank M Tait Foundation's Employer Identification Number (EIN) is 31-6037499.
- How much revenue does Frank M Tait Foundation report?
- Frank M Tait Foundation reported $873,890 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Frank M Tait Foundation have?
- CharityIndex grades Frank M Tait Foundation B, based on financial health (reserves and operating margin).
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Data for Frank M Tait Foundation (EIN 31-6037499) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.