Nonprofit · EIN 36-3776545
JIM AND AUDREY BAILEY FOUNDATION
Tax-exempt · CASPER, WY 82605
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $36,600 | $94,027 | -$57,427 | $2,034,790 | $0 | $2,034,790 |
| December 31, 2023 | 990-PF | $25,524 | $53,439 | -$27,915 | $2,092,217 | $0 | $2,092,217 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $27,723
- Interest
- $6,120
- Net gain from sales of assets
- $757
- Other income
- $2,000
Expenses
- Grants and similar amounts paid
- $45,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $45,000
- Excise tax on investment income
- $351
Balance sheet and other
- Total assets, start of year
- $2,092,217
- Total assets, end of year
- $2,034,790
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,034,790
- Fair market value of assets
- $2,507,393
- Qualifying distributions
- $45,000
- Net investment income
- $36,600
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 |
|---|---|---|---|
| WALTER M BAILEY 221 GARDEN CREEK RD, CASPER, WY 82601 | TRUSTEE | 1 | $0 |
| JUDITH BAILEY SCULLY 2429 BRIARGATE, BRYAN, TX 77802 | TRUSTEE | 1 | $0 |
| TIM BAILEY 4754 GLEN DRIVE, CASPER, WY 82604 | PRESIDENT | 1 | $0 |
| ATHNE MACHDANE 15D REGGIE WAY, BROAD BROOK, CT 06016 | TRUSTEE | 1 | $0 |
| STEVE SCULLY 1966 RAMBLING RIDGE LANE, CARROLLTON, TX 75007 | SECRETARY | 1 | $0 |
| JAMES M BAILEY 10 LANTERN LN, VERNON, CT 060664928 | TREASURER | 1 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WALTER M BAILEY 221 GARDEN CREEK RD, CASPER, WY 82601 | TRUSTEE | 1 | $0 |
| JUDITH BAILEY SCULLY 2429 BRIARGATE, BRYAN, TX 77802 | TRUSTEE | 1 | $0 |
| TIM BAILEY 4754 GLEN DRIVE, CASPER, WY 82604 | PRESIDENT | 1 | $0 |
| ATHNE MACHDANE 14 CANDLEWOOD DR, ENFIELD, CT 06082 | TRUSTEE | 1 | $0 |
| STEVE SCULLY 1966 RAMBLING RIDGE LANE, CARROLLTON, TX 75007 | SECRETARY | 1 | $0 |
| JAMES M BAILEY 15D REGGIE WAY, BROAD BROOK, CT 06016 | TREASURER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 51651, CASPER, WY 82605-1651
- In care of
- % JIM M BAILEY
- Signed the 990-PF
- JIM BAILEY, TREASURER
- Phone
- (307) 702-1147
- Return prepared by
- PORTER MUIRHEAD CORNIA & HOWARD CPAS
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
- 36-3776545
- 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
- 1991
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $2,034,790
- Income (IRS master file)
- $168,045
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $36,600 | $94,027 | $2,034,790 | XML |
| 990-PF | December 2023 | $25,524 | $53,439 | $2,092,217 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 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 36-3776545).
Questions about JIM AND AUDREY BAILEY FOUNDATION
- What is the EIN of JIM AND AUDREY BAILEY FOUNDATION?
- The employer identification number (EIN) of JIM AND AUDREY BAILEY FOUNDATION is 36-3776545.
- Is JIM AND AUDREY BAILEY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to JIM AND AUDREY BAILEY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does JIM AND AUDREY BAILEY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JIM AND AUDREY BAILEY FOUNDATION 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 JIM AND AUDREY BAILEY FOUNDATION 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 JIM AND AUDREY BAILEY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does JIM AND AUDREY BAILEY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $36,600, expenses of $94,027 and total assets of $2,034,790 at year end.
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