Joseph R Takats Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Joseph R Takats Foundation is a 501(c)(3) organization based in Wilmington, Delaware, registered in 1978, with $180,876 in FY2024 revenue. CharityIndex grades it C+.
2 Righter Pkwy Ste 300a, Wilmington, DE, 19803 EIN 16-1098026 Since 1978
Revenue (FY2024)
$181K
▲ 98.7% vs prior year
Expenses (FY2024)
$175K
Net assets
$2.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Joseph R Takats 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 rating165 mo reserves · +3% 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 Joseph R Takats Foundation: 165 mo reserves · +3% 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 Joseph R Takats Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Joseph R Takats Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2 Righter Pkwy Ste 300a, Wilmington, DE, 19803
- City
- Wilmington
- State
- Delaware
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $194K (FY2019) to $181K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.4M
Operating margin
3.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.4M
Total liabilities
$0
Net assets
$2.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $180,876▲98.7% | $174,770▼8.2% | $2,400,261▲1.8% | $2,400,261▲1.8% | 990PF |
| 2023 | $91,007▼24.4% | $190,383▼5.5% | $2,358,913▼2.5% | $2,358,913▼2.5% | 990PF |
| 2022 | $120,379▼63.5% | $201,503▼11.8% | $2,420,628▼4.0% | $2,420,628▼4.0% | 990PF |
| 2021 | $329,499▲17.8% | $228,336▲16.9% | $2,522,743▲4.5% | $2,522,743▲4.5% | 990PF |
| 2020 | $279,628▲43.8% | $195,261▲7.9% | $2,413,980▲3.9% | $2,413,980▲3.9% | 990PF |
| 2019 | $194,491 | $181,006 | $2,322,797 | $2,322,797 | 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 Joseph R Takats Foundation a legitimate nonprofit?
- Yes. Joseph R Takats Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 16-1098026, based in Wilmington, Delaware. Donations are tax-deductible.
- What is Joseph R Takats Foundation's EIN?
- Joseph R Takats Foundation's Employer Identification Number (EIN) is 16-1098026.
- How much revenue does Joseph R Takats Foundation report?
- Joseph R Takats Foundation reported $180,876 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Joseph R Takats Foundation have?
- CharityIndex grades Joseph R Takats Foundation C+, based on financial health (reserves and operating margin).
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Data for Joseph R Takats Foundation (EIN 16-1098026) 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.