Taylor Haugen Foundation Inc
- Assets
- $806.5k
- Revenue
- $193.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Niceville, FL
- Founding
- 02/2009
- Data as of
- 12/2019
- EIN
- 26-3300672
Organization Overview
Taylor Haugen Foundation Inc is located in Niceville, FL. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Taylor Haugen Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Taylor Haugen Foundation Inc generated $193.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $102.3k during the year ending 12/2019. While expenses have increased by 11.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION RECOGNIZES YOUTH LEADERS AND PROMOTES ABDOMINAL SPORT SAFETY AND PROTECTION TO HONOR THE LEGACY OF TAYLOR HAUGEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TAYLOR HAUGEN TROPHY - IN CONJUNCTION WITH THE ALL SPORTS ASSOCIATION, THE TAYLOR HAUGEN FOUNDATION PRESENTS THE TAYLOR HAUGEN TROPHY AND AWARD TO A LOCAL ATHLETE. THE TROPHY RECOGNIZES THE STUDENT WHO BEST REPRESENTS A COMBINATION OF FAITH, LEADERSHIP, ACADEMICS, COMMUNITY SERVICE AND ATHLETICS AS A LASTING TRIBUTE TO TAYLOR'S MOTTO, "DON'T QUIT, NEVER GIVE UP." THE TROPHY'S REQUIREMENTS ARE: BY NOMINATION ONLY BY A SCHOOL COMMITTEE FOR A SENIOR AT AN OKALOOSA, SANTA ROSA OR WALTON COUNTY HIGH SCHOOL. 1 NOMINEE PER SCHOOL; NOMINEE MUST BE AN ATHLETE WHO HAS PARTICIPATED IN A HIGH SCHOOL SPORT, WITH A MINIMUM GPA, WHO EXHIBITS LEADERSHIP, IS INVOLVED IN COMMUNITY SERVICE AND STRONG IN CHRISTIAN FAITH. THE SCHOLARSHIP IS AWARDED TO A SENIOR ATHLETE FROM OKALOOSA, WALTON, BAY AND SANTA ROSA COUNTIESWHO BEST DEMONSTRATES A HEALTHY BALANCE BETWEEN ACADEMICS, ATHLETICISM, LEADERSHIP, COMMUNITY SERVICE AND CHRISTIAN FAITH.
YOUTH EQUIPMENT FOR SPORTS SAFETY (YESS) PROGRAM WILL WORK TO PROVIDE AWARENESS AND POTENTIALLY PROVIDE EQUIPMENT VIA GRANT, SCHOLARSHIP, OR FACILITATION OF ACQUISITION FOR YOUTH. THE YESS PROGRAM ADDRESSES OUR DESIRE TO SUPPORT AWARENESS OF AND FACILITATE ACQUISITION FOR YOUTH SAFETY EQUIPMENT IN AN INITIALLY LIMITED SERVICE AREA AND AGE GROUP TO GAUGE THE FOUNDATIONS ABILITY TO SERVE YOUTH IN THAT CAPACITY AND PURSUANT TO OUR MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Haugen Permanent Director | OfficerTrustee | 10 | $0 |
Kathy Haugen Permanent Director | OfficerTrustee | 25 | $0 |
Kevin Bowyer Past Chair | OfficerTrustee | 2 | $0 |
Jeff Jourdan Immediate Past Chairman | OfficerTrustee | 2 | $0 |
Dewey Destin Director | Trustee | 2 | $0 |
Greg Hill Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $109,840 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,840 |
| Total Program Service Revenue | $22,378 |
| Investment income | $11,563 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $21,819 |
| Net Income from Fundraising Events | $27,849 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $193,449 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,479 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,436 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,220 |
| Office expenses | $545 |
| Information technology | $2,319 |
| Royalties | $0 |
| Occupancy | $6,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $415 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,807 |
| Insurance | $2,231 |
| All other expenses | $117 |
| Total functional expenses | $102,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,710 |
| Savings and temporary cash investments | $746,667 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,543 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $2,439 |
| Intangible assets | $1,110 |
| Other assets | $0 |
| Total assets | $806,469 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $796,255 |
| Net assets with donor restrictions | $10,214 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $806,469 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Taylor Haugen Foundation Inc has recieved totaling $1,257.
| Awarding Organization | Amount |
|---|---|
Vyuha Inc Miramar, FL PURPOSE: GENERAL SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $257 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Goal Scholarship Program Inc Peachtree Corners, GA | $58,000,031 | $45,569,079 |
Georgia State University Athletic Association Inc Atlanta, GA | $12,025,331 | $28,251,593 |
Vinik Family Foundation Tampa, FL | $192,173,639 | $29,773,809 |
Hire Heroes Usa Alpharetta, GA | $7,840,449 | $13,205,192 |
Scholarships For Kids Inc Birmingham, AL | $21,791,162 | $14,541,038 |
Apogee Georgia School Choice Scholarship Fund Atlanta, GA | $21,549,156 | $14,581,744 |
Special Operations Warrior Foundation Tampa, FL | $175,400,415 | $16,396,122 |
Inspire Brands Foundation Inc Atlanta, GA | $11,528,068 | $11,993,911 |
Floridamakes Inc Orlando, FL | $1,478,174 | $9,967,367 |
Watson-Brown Foundation Inc Thomson, GA | $0 | $9,697,974 |
Alef Fund Inc Atlanta, GA | $10,107,377 | $6,194,898 |
Broward Education Foundation Inc Fort Lauderdale, FL | $12,469,303 | $5,256,121 |