Larkin Bailey Foundation
- Assets
- $4.3m
- Revenue
- $187.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Bartlesville, OK
- Founding
- 11/1985
- Data as of
- 12/2020
- EIN
- 73-1258217
Organization Overview
Larkin Bailey Foundation is located in Bartlesville, OK. The organization was established in 1985. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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.
For the year ending 12/2020, Larkin Bailey Foundation generated $187.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $479.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (31.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Larkin Bailey Foundation has awarded 40 individual grants totaling $3,373,210. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Drew Cartright Trustee | 20 | $56,000 | |
Jacquelyn R Guy Trustee | 20 | $52,000 | |
Linda Cravens Trustee | 20 | $14,000 | |
Patsy R Cravens Trustee | 20 | $8,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,475 |
| Dividends & Interest | $0 |
| Net Rental Income | $145,784 |
| Net Gain on Sale of Assets | $32,794 |
| Capital Gain Net Income | $32,794 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $187,053 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $130,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,350 |
| Depreciation | $59,064 |
| Occupancy | $14,917 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,232 |
| Total operating and administrative expenses | $466,908 |
| Contributions, gifts, grants paid | $12,179 |
| Total expenses and disbursements | $479,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,287 |
| Savings and temporary cash investments | $1,407,893 |
| 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 | $2,809,284 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,285,464 |
| 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 | $11,000 |
| Total liabilities | $11,000 |
Grants Awarded
Over the last fiscal year, Larkin Bailey Foundation has awarded $12,179 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Tulsa, OK PURPOSE: CHARITY | $10,000 |
CITY OF OWASSO PURPOSE: CHARITY | $2,179 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Paul L Foster Family Foundation El Paso, TX | $82,421,876 | $5,877,127 |
J E And L E Mabee Foundation Inc Midland, TX | $697,279,491 | $61,500,207 |
Enterprise Holdings Foundation Clayton, MO | $382,656,366 | $81,414,813 |
Kinder Foundation Houston, TX | $130,110,480 | $45,137,318 |
Hall Family Foundation Kansas City, MO | $881,677,518 | $43,313,571 |
Meadows Foundation Incorporated Dallas, TX | $711,195,941 | $21,685,718 |
Anne And Henry Zarrow Foundation Tulsa, OK | $360,070,444 | $19,179,036 |
Bhp Foundation Houston, TX | $0 | $22,009,947 |
Air Force Academy Foundation USAF Academy, CO | $103,993,118 | $26,764,643 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,004,698,489 | $42,836,612 |
Fund Ii Foundation Austin, TX | $0 | $22,215,363 |
Amon G Carter Foundation Fort Worth, TX | $456,539,602 | $53,379,675 |