Bailey Foundation
Bailey Foundation experiences significant financial fluctuations and asset decline, with a substantial deficit in 2023.
EIN: 207397593 · Hamilton, NJ · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $758K |
| Total Expenses | $1.2M |
| Program Spending | 70% |
| Net Assets | $598K |
| Transparency Score | 65/100 |
Search Intent Cockpit
Bailey Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Bailey Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Bailey Foundation in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $356K and expenses of $1.2M.
Revenue and Expenses
Bailey Foundation reported $356K in revenue and $1.2M in expenses, a deficit of $859K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
65/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.
Is Bailey Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $850K (70%) |
Across stored filings, Bailey Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade B | 10 stored filing years |
| Peer context | Compare with Dance For The Cure Inc | New Jersey and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Bailey Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Bailey Foundation
Bailey Foundation (EIN: 207397593) is a nonprofit organization based in Hamilton, NJ, classified under NTEE code T20. The organization reported total revenue of $758K and total assets of $666K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bailey Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bailey Foundation is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 28.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $356K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-858,827 |
| Total Assets | $598K |
| Total Liabilities | $1 |
| Net Assets | $598K |
| Operating Margin | -241.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 5.9 months |
Financial Health Grade: B
In 2023, Bailey Foundation reported a deficit of $859K with expenses exceeding revenue, holds 5.9 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Bailey Foundation's revenue has grown at a compound annual growth rate (CAGR) of 28.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +419.3% | +4466.5% | -58.9% |
| 2022 | -73.6% | -92.9% | +3.0% |
| 2021 | +293.7% | +1899.2% | -7.4% |
| 2020 | +6.1% | -31.0% | +3.1% |
| 2019 | -43.6% | -85.8% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Bailey Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $859K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is a strong positive for donor trust.
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 Foundation's IRS 990 filings:
- Significant and recurring deficits in multiple years (e.g., 2023, 2021, 2015), indicating spending exceeds revenue.
- Consistent decline in assets from a peak of $1,602,251 in 2014 to $598,353 in 2023, suggesting unsustainable spending or investment performance.
- Highly volatile revenue streams, making financial planning and sustainability challenging.
Strengths
The following positive indicators were identified for Bailey Foundation:
- Zero officer compensation reported across all filings, indicating a commitment to directing funds towards the mission.
- Consistently low liabilities ($1), suggesting sound financial management regarding debt.
- Long filing history (10 filings), indicating consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Bailey Foundation
Is Bailey Foundation a legitimate charity?
Bailey Foundation (EIN: 207397593) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $758K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Bailey Foundation spend its money?
Bailey Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Bailey Foundation tax-deductible?
Bailey Foundation is registered as a tax-exempt nonprofit (EIN: 207397593). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bailey Foundation's spending goes to programs?
Bailey Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Bailey Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Bailey Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bailey Foundation located?
Bailey Foundation is headquartered in Hamilton, New Jersey and files with the IRS under EIN 207397593. It is classified under NTEE code T20.
How many years of IRS 990 filings does Bailey Foundation have?
Bailey Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $758K in total revenue.
What caused the significant deficit in 2023, where expenses ($1,214,696) were much higher than revenue ($355,869)?
The filings do not provide a detailed explanation for the large deficit in 2023. It could be due to a one-time large program expenditure, a significant drop in donations, or a combination of factors. Further investigation into the detailed expense breakdown would be necessary.
Why have the organization's assets declined from over $1.6 million in 2014 to $598,353 in 2023?
The decline in assets suggests that the organization has been spending more than it has been generating in revenue over several periods, particularly evident in years like 2023 and 2015 where expenses exceeded revenue. This trend indicates a reliance on its endowment or accumulated funds to cover operational costs.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 data only offers total revenue and expenses. A detailed breakdown of how expenses are allocated across programs, administration, and fundraising is not available in this summary.
Filing History
IRS 990 filing history for Bailey Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bailey Foundation's revenue has grown by 1874%, moving from $18K to $356K. Total assets decreased by 3.2% over the same period, from $618K to $598K. Total functional expenses rose by 2612.1%, from $45K to $1.2M. In its most recent filing year (2023), Bailey Foundation reported a deficit of $859K, with expenses exceeding revenue. The organization holds $1 in liabilities against $598K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $598K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $356K | $1.2M | $598K | $1 | — | View 990 |
| 2022 | $69K | $27K | $1.5M | $1 | — | View 990 |
| 2021 | $259K | $373K | $1.4M | $1 | — | View 990 |
| 2020 | $66K | $19K | $1.5M | $1 | — | View 990 |
| 2019 | $62K | $27K | $1.5M | $1 | — | View 990 |
| 2015 | $110K | $190K | $1.5M | $1 | — | View 990 |
| 2014 | $758K | $73K | $1.6M | $1 | — | View 990 |
| 2013 | $1.1M | $46K | $1.2M | $1 | — | View 990 |
| 2012 | $27K | $46K | $599K | $1 | — | View 990 |
| 2011 | $18K | $45K | $618K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $356K, expenses of $1.2M, and assets of $598K (revenue +419.3% year-over-year).
- 2022: Revenue of $69K, expenses of $27K, and assets of $1.5M (revenue -73.6% year-over-year).
- 2021: Revenue of $259K, expenses of $373K, and assets of $1.4M (revenue +293.7% year-over-year).
- 2020: Revenue of $66K, expenses of $19K, and assets of $1.5M (revenue +6.1% year-over-year).
- 2019: Revenue of $62K, expenses of $27K, and assets of $1.5M (revenue -43.6% year-over-year).
- 2015: Revenue of $110K, expenses of $190K, and assets of $1.5M (revenue -85.5% year-over-year).
- 2014: Revenue of $758K, expenses of $73K, and assets of $1.6M (revenue -28.2% year-over-year).
- 2013: Revenue of $1.1M, expenses of $46K, and assets of $1.2M (revenue +3742.6% year-over-year).
- 2012: Revenue of $27K, expenses of $46K, and assets of $599K (revenue +52.4% year-over-year).
- 2011: Revenue of $18K, expenses of $45K, and assets of $618K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bailey Foundation:
Data Sources and Methodology
This transparency report for Bailey 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.