Bailey Family Foundation
Bailey Family Foundation reports minimal financial activity for five consecutive years after prior active operations.
EIN: 208350641 · Little Rock, AR · NTEE: T22 · Updated: 2026-03-28
Is Bailey Family Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bailey Family Foundation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bailey Family Foundation
Bailey Family Foundation (EIN: 208350641) is a nonprofit organization based in Little Rock, AR, classified under NTEE code T22. The organization reported total revenue of $1 and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bailey Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bailey Family Foundation is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -61.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $0 |
| Surplus / Deficit | +$1 |
| Total Assets | $1 |
| Total Liabilities | $1 |
| Net Assets | $0 |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 100.0% |
Financial Health Grade: B
In 2023, Bailey Family Foundation reported a surplus of $1 with revenue exceeding expenses, has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 10 years of filings (2011–2023), Bailey Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -61.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | — | +0.0% |
| 2022 | +0.0% | — | +0.0% |
| 2021 | +0.0% | — | +0.0% |
| 2019 | -100.0% | -99.9% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bailey Family Foundation with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Bailey Family Foundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either unpaid or compensated through means not disclosed in this section of the 990, which could contribute to lower administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bailey Family Foundation's IRS 990 filings:
- 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
The following positive indicators were identified for Bailey Family Foundation:
- 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.
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) significant concerns. Mission Score: 30/100. 3 red flags identified, 2 strengths noted.
How does Bailey Family Foundation spend its money?
Bailey Family Foundation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bailey Family Foundation tax-deductible?
Bailey Family Foundation is registered as a tax-exempt nonprofit (EIN: 208350641). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the current operational status of the Bailey Family Foundation, given its minimal reported revenue and expenses since 2019?
The IRS 990 filings from 2019-2023 show the foundation reporting only $1 in revenue and $0-$450 in expenses, with $1 in assets, which strongly suggests the organization is either dormant, winding down, or has significantly altered its operational model to the point of having almost no financial activity.
Why did the foundation's financial activity drastically decrease after 2015?
The filings do not provide an explicit reason for the dramatic decline in financial activity from hundreds of thousands in revenue and expenses prior to 2015 to negligible amounts from 2019 onwards. This shift warrants further investigation to understand the underlying causes.
Is the Bailey Family Foundation still actively pursuing its mission?
Based on the reported financial data for the last five years, which shows virtually no revenue or expenses, it is highly unlikely the foundation is actively pursuing its mission through significant financial outlays. Its current activities, if any, are not reflected in its public financial statements.
Filing History
IRS 990 filing history for Bailey Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bailey Family Foundation's revenue has declined by 100%, moving from $90K to $1. Total assets decreased by 100% over the same period, from $4K to $1. Total functional expenses fell by 100%, from $111K to $0. The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1 | $0 | $1 | $1 | — | — |
| 2022 | $1 | $0 | $1 | $1 | — | View 990 |
| 2021 | $1 | $0 | $1 | $1 | — | — |
| 2020 | $1 | $0 | $1 | $1 | — | View 990 |
| 2019 | $0 | $450 | $1 | $0 | — | View 990 |
| 2015 | $402K | $386K | $15K | $0 | — | View 990 |
| 2014 | $355K | $384K | $249 | $0 | — | View 990 |
| 2013 | $420K | $433K | $29K | $0 | — | View 990 |
| 2012 | $137K | $99K | $41K | $0 | — | View 990 |
| 2011 | $90K | $111K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2022: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2021: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2020: Revenue of $1, expenses of $0, and assets of $1.
- 2019: Revenue of $0, expenses of $450, and assets of $1 (revenue -100.0% year-over-year).
- 2015: Revenue of $402K, expenses of $386K, and assets of $15K (revenue +13.1% year-over-year).
- 2014: Revenue of $355K, expenses of $384K, and assets of $249 (revenue -15.6% year-over-year).
- 2013: Revenue of $420K, expenses of $433K, and assets of $29K (revenue +206.8% year-over-year).
- 2012: Revenue of $137K, expenses of $99K, and assets of $41K (revenue +52.2% year-over-year).
- 2011: Revenue of $90K, expenses of $111K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bailey Family Foundation:
Data Sources and Methodology
This transparency report for Bailey Family Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.