Bob & Ginger Cannon Bailey Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
Bob & Ginger Cannon Bailey Foundation Inc is a 501(c)(3) organization based in Sarasota, Florida, registered in 1995, with $54,494 in FY2024 revenue. CharityIndex grades it F.
8020 Sanderling Rd, Sarasota, FL, 34242 EIN 14-1765972 Since 1995
Revenue (FY2024)
$54K
▲ 37.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$228K
Net assets
$1.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bob & Ginger Cannon Bailey Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating79 mo reserves · -318% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bob & Ginger Cannon Bailey Foundation Inc: 79 mo reserves · -318% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bob & Ginger Cannon Bailey Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bob & Ginger Cannon Bailey Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 8020 Sanderling Rd, Sarasota, FL, 34242
- City
- Sarasota
- State
- Florida
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $103K (FY2016) to $54K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.5M
Operating margin
-317.6%
Spent more than it raised in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$0
Net assets
$1.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $54,494▲37.4% | $227,563▲45.3% | $1,495,700▲2.9% | $1,495,700▲2.2% | 990PF |
| 2023 | $39,649▲802% | $156,650▲30.5% | $1,453,328▼7.5% | $1,463,227▼6.8% | 990PF |
| 2022 | -$5,652▼107% | $120,021▲30.9% | $1,570,329▼7.4% | $1,570,329▼7.4% | 990PF |
| 2021 | $80,761▲82.5% | $91,723▼22.4% | $1,696,002▼0.6% | $1,696,002▼0.6% | 990PF |
| 2020 | $44,257▼56.4% | $118,233▲15.1% | $1,706,964▼4.2% | $1,706,964▼4.2% | 990PF |
| 2019 | $101,460▼55.1% | $102,704▼19.4% | $1,780,940▼0.1% | $1,780,940▼0.1% | 990PF |
| 2018 | $225,807▼54.7% | $127,372▲56.8% | $1,782,184▲5.8% | $1,782,184▲5.8% | 990PF |
| 2017 | $498,067▲383% | $81,212▼7.9% | $1,683,749▲32.9% | $1,683,749▲32.9% | 990PF |
| 2016 | $103,150 | $88,204 | $1,266,894 | $1,266,894 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Bob & Ginger Cannon Bailey Foundation Inc a legitimate nonprofit?
- Yes. Bob & Ginger Cannon Bailey Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 14-1765972, based in Sarasota, Florida. Donations are tax-deductible.
- What is Bob & Ginger Cannon Bailey Foundation Inc's EIN?
- Bob & Ginger Cannon Bailey Foundation Inc's Employer Identification Number (EIN) is 14-1765972.
- How much revenue does Bob & Ginger Cannon Bailey Foundation Inc report?
- Bob & Ginger Cannon Bailey Foundation Inc reported $54,494 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Bob & Ginger Cannon Bailey Foundation Inc have?
- CharityIndex grades Bob & Ginger Cannon Bailey Foundation Inc F, based on financial health (reserves and operating margin).
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Data for Bob & Ginger Cannon Bailey Foundation Inc (EIN 14-1765972) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.