Brett T Bailey Foundation Inc is a 501(c)(3) organization based in Southlake, Texas, registered in 2017, with $22,750 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$23K
▲ 3691.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$3,974
Net assets
$40K
Employees
—
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 Brett T 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 →
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 Brett T Bailey Foundation Inc: 121 mo reserves · +83% margin earns a B+ on this criterion. See the exact thresholds →
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 Brett T 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 →
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 Brett T Bailey Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $23K (FY2017) to $23K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
82.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$40K
Total liabilities
$0
Net assets
$40K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $22,750▲3692% | $3,974▲32.5% | $40,019▲88.4% | $40,019▲88.4% | 990PF |
| 2023 | $600 | $3,000▲949% | $21,243▼10.2% | $21,243▼10.2% | 990PF |
| 2022 | $0 | $286▼92.6% | $23,643▼1.2% | $23,643▼1.2% | 990PF |
| 2021 | $0▼100% | $3,846▼47.0% | $23,929▼13.8% | $23,929▼13.8% | 990PF |
| 2020 | $75▼99.5% | $7,255▼44.5% | $27,775▼20.5% | $27,775▼20.5% | 990PF |
| 2019 | $14,993▼59.0% | $13,065▼0.7% | $34,955▲5.8% | $34,955▲5.8% | 990PF |
| 2018 | $36,570▲57.4% | $13,160▼3.3% | $33,027▲243% | $33,027▲243% | 990PF |
| 2017 | $23,227 | $13,610 | $9,617 | $9,617 | 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.
1 grant to Brett T Bailey Foundation Inc totaling $20K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2017 | $20,000 |
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Data for Brett T Bailey Foundation Inc (EIN 81-3381168) 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.