Quick charity verification for Bailey Family Foundation (EIN: 208350641)
Verdict: Bailey Family Foundation has notable concerns
30/100Mission Score
$1Revenue
$1Assets
3Red Flags
2Strengths
Red Flags
Consistent reporting of negligible revenue and assets ($1) for five consecutive years (2019-2023) after prior active operations.
Lack of clear explanation for the drastic reduction in financial activity post-2015.
Inability to assess current spending efficiency due to $0 reported expenses in most recent years.
Strengths
Historically, the foundation demonstrated a commitment to deploying funds, with expenses often matching or exceeding revenue in active years (e.g., $386,460 expenses on $401,500 revenue in 2015).
Consistent reporting of 0% officer compensation across all filings, indicating potential volunteer leadership or efficient use of funds for personnel.
Spending Breakdown
How Bailey Family Foundation allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Bailey Family Foundation
Is Bailey Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bailey Family Foundation (EIN: 208350641) has notable concerns. Mission Score: 30/100. 3 red flags identified, 2 strengths noted.
Is Bailey Family Foundation a good charity to donate to?
Bailey Family Foundation has a Mission Score of 30/100. Revenue: $1. Assets: $1. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bailey Family Foundation?
The Employer Identification Number (EIN) for Bailey Family Foundation is 208350641. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Bailey Family Foundation spend its money?
Bailey Family Foundation allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bailey Family Foundation's tax-exempt status?
You can verify Bailey Family Foundation's tax-exempt status using EIN 208350641 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Bailey Family Foundation exhibits a highly unusual financial profile based on its IRS 990 filings. For the past five reporting periods (2019-2023), the organization has reported negligible revenue and assets, consistently showing $1 in revenue and $1 in assets, with expenses often at $0. This contrasts sharply with earlier periods (2011-2015) where the foundation reported substantial revenues (e.g., $401,500 in 2015) and corresponding expenses, indicating active operations. The current financial statements suggest either a dormancy, a significant change in operational model, or potentially incomplete reporting, making a clear assessment of its current financial health challenging.
Given the reported $0 expenses in recent years, it's impossible to assess spending efficiency for those periods. However, in earlier active years, the foundation consistently spent close to or more than its revenue, indicating a commitment to deploying funds. The lack of reported officer compensation across all filings suggests a volunteer-driven leadership or that compensation is covered by other means not reflected in these specific line items, which could be a positive for efficiency if true.
Transparency is a concern due to the stark contrast between historical and recent financial reporting. The consistent reporting of minimal financial activity for five consecutive years, after previously operating with hundreds of thousands in revenue and expenses, raises questions about the foundation's current operational status and the completeness of its public disclosures. Without further context or detailed explanations, the current filings provide limited insight into its actual activities or impact.