Is Bailey Stanford Family Foundation Inc…

Quick charity verification for Bailey Stanford Family Foundation Inc (EIN: 204973345)

Spending Breakdown

How Bailey Stanford Family Foundation Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Stanford Family Foundation Inc

Is Bailey Stanford Family Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Bailey Stanford Family Foundation Inc (EIN: 204973345) shows mixed signals. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.

Is Bailey Stanford Family Foundation Inc a good charity to donate to?

Bailey Stanford Family Foundation Inc has a Mission Score of 55/100. Revenue: $338K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Bailey Stanford Family Foundation Inc?

The Employer Identification Number (EIN) for Bailey Stanford Family Foundation Inc is 204973345. 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 Stanford Family Foundation Inc spend its money?

Bailey Stanford Family Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Bailey Stanford Family Foundation Inc's tax-exempt status?

You can verify Bailey Stanford Family Foundation Inc's tax-exempt status using EIN 204973345 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 Stanford Family Foundation Inc. exhibits a concerning trend of declining assets and consistent operating deficits over the past several years. While the organization maintains a healthy asset base of $1,301,077, its expenses have frequently outpaced revenue, as seen in 2023 ($218,007 expenses vs. $88,857 revenue) and 2022 ($187,688 expenses vs. $54,730 revenue). This pattern suggests an unsustainable financial model if not addressed. The foundation's liabilities have consistently been reported as $1, indicating a very low debt burden, which is a positive sign of financial stability in that regard.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent operating losses raise questions about the efficiency of resource utilization. The absence of reported officer compensation across all filings suggests that executive leadership may be voluntary or compensated through other means, which can be a positive for donor confidence regarding overhead, but also means less transparency on total leadership costs if compensation is simply not reported as 'officer comp'.

Transparency appears adequate in terms of filing history, with 10 filings available. However, the lack of detailed expense categorization beyond total expenses limits a deeper understanding of where funds are allocated. The NTEE code T21 (Private Grantmaking Foundations) indicates its primary function is grantmaking, which typically involves lower administrative overhead compared to direct service charities. The consistent decline in assets from a peak of $1,715,832 in 2019 to $1,301,077 currently warrants further investigation into the sustainability of its grantmaking activities.

Is Bailey Stanford Family Foundation Inc Legit?

Verdict: Bailey Stanford Family Foundation Inc shows mixed signals

Red Flags

Strengths