Bailey Foundation
- Assets
- $2.3m
- Revenue
- $256.4k
- Investments
- $2.3m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 02/2003
- Data as of
- 07/2024
- EIN
- 16-1625656
Organization Overview
Bailey Foundation is located in Dallas, TX. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bailey Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2024, Bailey Foundation generated $256.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $246.5k during the year ending 07/2024. While expenses have increased by 2.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $101,399 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $154,979 |
| Capital Gain Net Income | $154,979 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $256,378 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $54,001 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,220 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $56,506 |
| Contributions, gifts, grants paid | $190,000 |
| Total expenses and disbursements | $246,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$11,795 |
| Savings and temporary cash investments | $50,221 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,346,035 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Bailey Foundation has awarded $190,900 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
FAMILIES CAN MIDCOAST MAINE COMMUNITY AC PURPOSE: UNRESTRICTED GENERAL | $5,000 |
MID COAST HUNGER PREVENTION PROGRAM PURPOSE: UNRESTRICTED GENERAL | $10,000 |
BRUNSWICK PUBLIC LIBRARY ASSOCIATION PURPOSE: UNRESTRICTED GENERAL | $5,000 |
CAMP WYAKA PURPOSE: UNRESTRICTED GENERAL | $10,000 |
MASS AUDUBON SOCIETY INC PURPOSE: UNRESTRICTED GENERAL | $6,000 |
WINDRUSH FARM THERAPEUTIC EQUITATION PURPOSE: UNRESTRICTED GENERAL | $3,000 |