Overview
What is The Bailey Foundation?
The Bailey Foundation, situated in Saint Louis, Missouri, is a nonprofit organization with a mission to inspire positive change in the lives of youth. They achieve this by focusing on educational programs, food and nutrition support, and leadership initiatives. The organization believes in empowering young individuals to become impactful adults within their communities. Through community-driven initiatives, child and family support programs, nutrition services, and enrichment activities, The Bailey Foundation aims to transform regions and place youth at the heart of a rapidly evolving world. With a team of seven dedicated employees, this nonprofit is committed to making a significant difference in the lives of its beneficiaries.
Official website here: www.thebaileyfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating, 73%
The Bailey Foundation has received a two-star rating from Charity Navigator, indicating that it needs improvement in certain areas. With an overall score of 73%, the foundation demonstrates strong performance in several accountability and financial aspects, such as having a fully independent board and a solid program expense ratio of 89.20%. These strengths suggest a commitment to effective program delivery and governance.
However, there are notable limitations that contribute to the foundation's lower rating. The absence of a whistleblower policy and a document retention and destruction policy highlights gaps in transparency and accountability practices. Additionally, the foundation's liabilities to assets ratio of 73.91% raises concerns about its financial health, as this indicates a relatively high level of liabilities in comparison to assets.
Furthermore, while the financial statements are audited and posted appropriately, the lack of availability of the tax form on the nonprofit's website is another area for improvement. Overall, while The Bailey Foundation shows promise through its program expenses and independent governance, addressing the identified weaknesses could help enhance its overall effectiveness and reputation.
This AI summary has been generated from information found on Charity Navigator.
Is The Bailey Foundation legitimate?
The Bailey Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bailey Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,928
For more financial information, click here
Official website here: www.thebaileyfoundation.org
What is the mission statement of The Bailey Foundation?
The Bailey Foundation's mission is to encourage and transform communities by fostering initiatives that empower youth to become influential figures in the world. They achieve this through their commitment to community-focused projects, child and family support programs, nutrition services, and educational and enrichment programs. They believe that active involvement in shaping their world can significantly improve the lives of young individuals, placing them at the heart of societal changes.
Official website here: www.thebaileyfoundation.org
What is the revenue of The Bailey Foundation?
The Bailey Foundation's revenue in 2023 was $255,540.
Official website here: www.thebaileyfoundation.org
Who are the executives of The Bailey Foundation and what are their salaries?
The average compensation at The Bailey Foundation during 2023 was $6,561. There are 7 employees and 50 volunteers at The Bailey Foundation.
Here are 5 key members and their salaries:
- Compensation: $44,880
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thebaileyfoundation.org
Where can I find the form 990 for The Bailey Foundation?
The Bailey Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thebaileyfoundation.org
Learn more at the official website: www.thebaileyfoundation.org
Mission Statement of The Bailey Foundation
The Bailey Foundation, a nonprofit organization, is committed to fostering opportunities for youth to emerge as influential individuals who positively shape the world. Its mission is multifaceted, encompassing community-centric initiatives, child and family support programs, nutrition services, and educational and enrichment activities. The foundation believes in the transformative power of action, positioning youth at the heart of a dynamic world, thereby influencing their lives for the better.
In line with its mission, The Bailey Foundation supports, encourages, and inspires communities through various initiatives. It prioritizes child and family support, ensuring that families have the resources and assistance they need to thrive. Moreover, the foundation offers nutrition services, recognizing the pivotal role that proper nourishment plays in the overall wellbeing of individuals, particularly children. To equip young minds with the necessary tools for success, The Bailey Foundation provides educational and enrichment programs, aiming to nurture well-rounded individuals capable of making a significant impact.
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Impact
July, 2024
The Bailey Foundation creates opportunities for youth to become positive adults who impact the world in inspiring ways. Its educational, food, and nutrition support, as well as leadership initiatives, support, encourage, and transform regions through community-focused programs. By placing youth at the center of its efforts, the foundation believes in changing lives and nurturing the potential for positive impact.
This information is meant to be a general summary of The Bailey Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $255,540
Assets and Liabilities:
- Total Assets: $86,425
- Total Liabilities: $63,877
- Net Assets: $22,548
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Organization Details
Founding Year
2018
Principal Officer
Diarra Warford
Website
www.thebaileyfoundation.orgNTEE Category
Code: A99 - Arts
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