Nonprofit · EIN 14-1765972
BOB & GINGER CANNON BAILEY FOUNDATION INC
Tax-exempt · SARASOTA, FL 34242
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF (amended) | $54,494 | $227,563 | -$173,069 | $1,495,700 | $0 | $1,495,700 |
| December 31, 2023 | 990-PF | $39,649 | $156,650 | -$117,001 | $1,463,227 | $9,899 | $1,453,328 |
| December 31, 2022 | 990-PF | -$5,652 | $120,021 | -$125,673 | $1,570,329 | $0 | $1,570,329 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $41,080
- Interest
- $2,174
- Net gain from sales of assets
- $11,059
- Other income
- $181
Expenses
- Grants and similar amounts paid
- $215,798
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $215,998
- Excise tax on investment income
- $597
Balance sheet and other
- Total assets, start of year
- $1,463,227
- Total assets, end of year
- $1,495,700
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,495,700
- Fair market value of assets
- $1,829,186
- Qualifying distributions
- $215,998
- Net investment income
- $54,494
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ADA CANNON BAILEY 8020 SANDERLING ROAD, SARASOTA, FL 34242 | DIRECTOR | 1 | $0 |
| BOB BAILEY 8020 SANDERLING ROAD, SARASOTA, FL 34242 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ADA CANNON BAILEY 8020 SANDERLING ROAD, SARASOTA, FL 34242 | DIRECTOR | 1 | $0 |
| BOB BAILEY 8020 SANDERLING ROAD, SARASOTA, FL 34242 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2022: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ADA CANNON BAILEY 8020 SANDERLING ROAD, SARASOTA, FL 34242 | DIRECTOR | 1 | $0 |
| BOB BAILEY 8020 SANDERLING ROAD, SARASOTA, FL 34242 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 8020 SANDERLING RD, SARASOTA, FL 34242-2741
- In care of
- % BOB AND ADA C BAILEY
- Signed the 990-PF
- ADA CANNON BAILEY, DIRECTOR
- Phone
- (518) 527-4457
- Return prepared by
- HILL BARTH & KING LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 14-1765972
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20Z)
- Assets (IRS master file)
- $1,495,700
- Income (IRS master file)
- $451,390
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $54,494 | $227,563 | $1,495,700 | XML |
| 990-PF | December 2023 | $39,649 | $156,650 | $1,463,227 | XML |
| 990-PF | December 2022 | -$5,652 | $120,021 | $1,570,329 | XML |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 14-1765972).
Questions about BOB & GINGER CANNON BAILEY FOUNDATION INC
- What is the EIN of BOB & GINGER CANNON BAILEY FOUNDATION INC?
- The employer identification number (EIN) of BOB & GINGER CANNON BAILEY FOUNDATION INC is 14-1765972.
- Is BOB & GINGER CANNON BAILEY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to BOB & GINGER CANNON BAILEY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BOB & GINGER CANNON BAILEY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BOB & GINGER CANNON BAILEY FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BOB & GINGER CANNON BAILEY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of BOB & GINGER CANNON BAILEY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does BOB & GINGER CANNON BAILEY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $54,494, expenses of $227,563 and total assets of $1,495,700 at year end.
Other nonprofits in SARASOTA
- COMMUNITY FOUNDATION OF SARASOTA COUNTY INC EIN 59-1956886 · last filed 990 for 2025
- CHARLES AND MARGERY BARANCIK FOUNDATION EIN 36-3442474 · last filed 990-PF for 2025
- NEMA FOUNDATION INC EIN 27-4357830 · last filed 990 for 2024
- THE PATTERSON FOUNDATION EIN 65-6230256 · last filed 990-PF for 2025
- AD IMPACT EIN 81-4562993 · last filed 990-PF for 2025
- THE JEWISH FEDERATION OF SARASOTA-MANATEE INC EIN 59-1227747 · last filed 990 for 2024
- LOUIS AND GLORIA FLANZER PHILANTRHOPIC TR EIN 14-6285967 · last filed 990-PF for 2024
- BRIAN AND SHEILA JELLISON FAMILY FOUNDATION EIN 83-2115946 · last filed 990-PF for 2025
All nonprofits in SARASOTA · Florida · Philanthropy, voluntarism and grantmaking foundations