Bailey Stanford Family Foundation Inc
Bailey Stanford Family Foundation faces consistent operating deficits and declining assets.
EIN: 204973345 · Denver, CO · NTEE: T21 · Updated: 2026-03-28
Is Bailey Stanford Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bailey Stanford Family Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bailey Stanford Family Foundation Inc
Bailey Stanford Family Foundation Inc (EIN: 204973345) is a nonprofit organization based in Denver, CO, classified under NTEE code T21. The organization reported total revenue of $338K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bailey Stanford Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bailey Stanford Family Foundation Inc 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 -1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $218K |
| Surplus / Deficit | $-129,150 |
| Total Assets | $1.3M |
| Total Liabilities | $1 |
| Net Assets | $1.3M |
| Operating Margin | -145.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 74.1 months |
Financial Health Grade: B
In 2023, Bailey Stanford Family Foundation Inc reported a deficit of $129K with expenses exceeding revenue, holds 74.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Bailey Stanford Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +62.4% | +16.2% | -8.8% |
| 2022 | -51.0% | +10.4% | -8.3% |
| 2021 | -21.6% | -2.4% | -3.5% |
| 2020 | -40.1% | +51.4% | -2.8% |
| 2019 | -46.3% | +6.9% | +7.2% |
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 Stanford Family Foundation Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Bailey Stanford Family Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:
- The organization reported a deficit of $129K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting that officers are either uncompensated or compensated through mechanisms not reported as 'officer compensation' on the 990, which is unusual for an organization with over $1 million in assets.
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 Stanford Family Foundation Inc's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) in recent years, e.g., 2023 expenses $218,007 vs. revenue $88,857.
- Declining asset base from $1,715,832 in 2019 to $1,301,077 currently.
- Lack of detailed expense breakdown beyond total expenses, hindering spending efficiency analysis.
- Unexplained 0% officer compensation for an organization with over $1 million in assets.
Strengths
The following positive indicators were identified for Bailey Stanford Family Foundation Inc:
- Very low reported liabilities ($1 across all filings), indicating minimal debt.
- Maintains a substantial asset base ($1,301,077), providing a buffer despite recent losses.
- Consistent filing history (10 filings), indicating compliance with IRS reporting requirements.
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) some concerns. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.
How does Bailey Stanford Family Foundation Inc spend its money?
Bailey Stanford Family Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bailey Stanford Family Foundation Inc tax-deductible?
Bailey Stanford Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204973345). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why have expenses consistently exceeded revenue in recent years?
The filings show expenses exceeding revenue in 7 out of the last 10 periods, including $218,007 in expenses against $88,857 in revenue in 2023, leading to a depletion of assets.
What is the cause of the steady decline in assets since 2019?
Assets have decreased from $1,715,832 in 2019 to $1,301,077 currently, likely due to the consistent operating deficits where expenses have outpaced revenue.
How does the foundation plan to achieve financial sustainability?
The current financial trend of spending more than it earns is unsustainable in the long term, and the organization needs a strategy to reverse this trend.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data only shows total expenses, making it difficult to assess the efficiency of spending across different categories.
Filing History
IRS 990 filing history for Bailey Stanford Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bailey Stanford Family Foundation Inc's revenue has declined by 19.2%, moving from $110K to $89K. Total assets decreased by 5.1% over the same period, from $1.4M to $1.3M. Total functional expenses rose by 160.2%, from $84K to $218K. In its most recent filing year (2023), Bailey Stanford Family Foundation Inc reported a deficit of $129K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $89K | $218K | $1.3M | $1 | — | — |
| 2022 | $55K | $188K | $1.5M | $1 | — | View 990 |
| 2021 | $112K | $170K | $1.6M | $1 | — | View 990 |
| 2020 | $143K | $174K | $1.7M | $1 | — | — |
| 2019 | $238K | $115K | $1.7M | $1 | — | View 990 |
| 2015 | $443K | $108K | $1.6M | $1 | — | View 990 |
| 2014 | $282K | $96K | $1.3M | $1 | — | View 990 |
| 2013 | $88K | $296K | $1.1M | $1 | — | View 990 |
| 2012 | $52K | $178K | $1.3M | $1 | — | View 990 |
| 2011 | $110K | $84K | $1.4M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $89K, expenses of $218K, and assets of $1.3M (revenue +62.4% year-over-year).
- 2022: Revenue of $55K, expenses of $188K, and assets of $1.5M (revenue -51.0% year-over-year).
- 2021: Revenue of $112K, expenses of $170K, and assets of $1.6M (revenue -21.6% year-over-year).
- 2020: Revenue of $143K, expenses of $174K, and assets of $1.7M (revenue -40.1% year-over-year).
- 2019: Revenue of $238K, expenses of $115K, and assets of $1.7M (revenue -46.3% year-over-year).
- 2015: Revenue of $443K, expenses of $108K, and assets of $1.6M (revenue +57.0% year-over-year).
- 2014: Revenue of $282K, expenses of $96K, and assets of $1.3M (revenue +222.2% year-over-year).
- 2013: Revenue of $88K, expenses of $296K, and assets of $1.1M (revenue +68.1% year-over-year).
- 2012: Revenue of $52K, expenses of $178K, and assets of $1.3M (revenue -52.6% year-over-year).
- 2011: Revenue of $110K, expenses of $84K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bailey Stanford Family Foundation Inc:
Data Sources and Methodology
This transparency report for Bailey Stanford Family Foundation Inc 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.