Michael Talty & Helen Talty Charitable Tr
501(c)(92)
Only null% goes to programs Strong reserves Declining revenue
Michael Talty & Helen Talty Charitable Tr is a 501(c)(92) organization based in Livonia, Michigan, with $271,533 in FY2024 revenue. CharityIndex grades it C.
17199 N Laurel Park Dr Ste 301, Livonia, MI, 48152 EIN 22-6946772
Revenue (FY2024)
$272K
▲ 37.3% vs prior year
Expenses (FY2024)
$327K
Net assets
$4.2M
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 Michael Talty & Helen Talty Charitable Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating155 mo reserves · -20% 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 Michael Talty & Helen Talty Charitable Tr: 155 mo reserves · -20% margin earns a C+ 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 Michael Talty & Helen Talty Charitable Tr— 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 Michael Talty & Helen Talty Charitable Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $86K (FY2013) to $272K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $4.2M
Operating margin
-20.4%
Spent more than it raised in the latest fiscal year.
Total assets
$4.2M
Total liabilities
$0
Net assets
$4.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $271,533▲37.3% | $326,850▲18.9% | $4,215,744▼1.3% | $4,215,744▼1.3% | 990PF |
| 2023 | $197,811▼3.5% | $274,806▼17.8% | $4,271,061▼1.8% | $4,271,061▼1.8% | 990PF |
| 2022 | $205,085▼58.7% | $334,408▲7.4% | $4,348,056▼2.9% | $4,348,056▼2.9% | 990PF |
| 2021 | $496,364▲98.0% | $311,503▲20.2% | $4,477,379▲4.3% | $4,477,379▲4.3% | 990PF |
| 2020 | $250,705▲52.3% | $259,129▼12.3% | $4,292,518▼0.2% | $4,292,518▼0.2% | 990PF |
| 2019 | $164,660▼55.8% | $295,308▲15.4% | $4,300,942▼2.9% | $4,300,942▼2.9% | 990PF |
| 2018 | $372,572▲11.0% | $255,931▼0.3% | $4,431,590▲2.7% | $4,431,590▲2.7% | 990PF |
| 2017 | $335,754▲83.0% | $256,634▼0.1% | $4,314,949▲1.9% | $4,314,949▲1.9% | 990PF |
| 2016 | $183,462▲440% | $256,803▲8.7% | $4,235,829▼1.7% | $4,235,829▼1.7% | 990PF |
| 2015 | $33,997▼84.6% | $236,179▼14.4% | $4,309,170▼4.5% | $4,309,170▼4.5% | 990PF |
| 2014 | $220,525▲158% | $275,922▲5.0% | $4,511,352▼0.3% | $4,511,352▼0.3% | 990PF |
| 2013 | $85,508 | $262,706▼2.7% | $4,525,086▼3.8% | $4,525,086▼3.8% | 990PF |
| 2012 | — | $269,868▲29.7% | $4,702,284▼5.7% | $4,702,284▼5.7% | 990PF |
| 2010 | — | $208,053 | $4,985,831 | $4,985,831 | 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 Michael Talty & Helen Talty Charitable Tr a legitimate nonprofit?
- Yes. Michael Talty & Helen Talty Charitable Tr is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 22-6946772, based in Livonia, Michigan.
- What is Michael Talty & Helen Talty Charitable Tr's EIN?
- Michael Talty & Helen Talty Charitable Tr's Employer Identification Number (EIN) is 22-6946772.
- How much revenue does Michael Talty & Helen Talty Charitable Tr report?
- Michael Talty & Helen Talty Charitable Tr reported $271,533 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Michael Talty & Helen Talty Charitable Tr have?
- CharityIndex grades Michael Talty & Helen Talty Charitable Tr C, based on financial health (reserves and operating margin).
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Data for Michael Talty & Helen Talty Charitable Tr (EIN 22-6946772) 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.