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Nonprofit · EIN 85-4356536

BAILEYMADEIT FOUNDATION

Tax-exempt · BOWIE, MD 20721

Financials

$140K$02023$55K$2K2024
Revenue Expenses · by fiscal year end
Financials of BAILEYMADEIT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$55,000$1,500$53,500$215,604$0$215,604
December 31, 2023990-PF$140,000$0$140,000$162,104$0$162,104
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$55,000

Expenses

Grants and similar amounts paid
$0

Balance sheet and other

Total assets, start of year
$162,104
Total assets, end of year
$215,604
Total liabilities, end of year
$0
Net assets, end of year
$215,604
Fair market value of assets
$215,604

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.

NameTitleHours / weekCompensation
BERNITA BAILEY
14307 DERBY RIDGE ROAD, BOWIE, MD 20721
DIRECTOR0$0
LEON BAILEY SR
14307 DERBY RIDGE ROAD, BOWIE, MD 20721
DIRECTOR0$0
LEON BAILEY JR
14307 DERBY RIDGE ROAD, BOWIE, MD 20721
PRESIDENT0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
BERNITA BAILEY
14307 DERBY RIDGE ROAD, BOWIE, MD 20721
DIRECTOR0$0
LEON BAILEY SR
14307 DERBY RIDGE ROAD, BOWIE, MD 20721
DIRECTOR0$0
LEON BAILEY JR
14307 DERBY RIDGE ROAD, BOWIE, MD 20721
PRESIDENT0$0

Address and contacts

Address (IRS master file)
14307 DERBY RIDGE RD, BOWIE, MD 20721-1258
Signed the 990-PF
LEON BAILEY JR, PRESIDENT
Phone
(301) 222-3245
Return prepared by
MARSHALL AND REUMONT 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
85-4356536
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
2021
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$215,604
Income (IRS master file)
$55,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$55,000$1,500$215,604XML
990-PFDecember 2023$140,000$0$162,104XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 85-4356536).

Questions about BAILEYMADEIT FOUNDATION

What is the EIN of BAILEYMADEIT FOUNDATION?
The employer identification number (EIN) of BAILEYMADEIT FOUNDATION is 85-4356536.
Is BAILEYMADEIT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to BAILEYMADEIT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does BAILEYMADEIT FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of BAILEYMADEIT 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 BAILEYMADEIT 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 BAILEYMADEIT FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does BAILEYMADEIT FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $55,000, expenses of $1,500 and total assets of $215,604 at year end.

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