Carolyn Glasoe Bailey Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 108,978 | 106,250 | 2,728 | 16.0 | — |
| 2017 | 128,756 | 126,059 | 2,697 | 17.7 | — |
| 2018 | 243,383 | 243,855 | −472 | 9.3 | 45% |
| 2019 | 243,653 | 235,510 | 8,143 | 2.9 | 47% |
| 2020 | 61,550 | 158,112 | −96,562 | -3.0 | — |
| 2021 | 199,758 | 314,432 | −114,674 | -7.4 | 35% |
| 2022 | 219,962 | 475,805 | −255,843 | -10.9 | 23% |
| 2023 | 235,050 | 303,620 | −68,570 | -18.1 | 27% |
In its most recent public year (2023), this organization spent $68,570 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-18.1 months), down from 16 in 2016. Staff pay was 27% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Carolyn Glasoe Bailey Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works