Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
Thomas W Bailey Hope Foundation Inc
EIN 92-1439893 • 501(c)3 • Winthrop, MA
Profile
The mission of the foundation is to promote mental health awareness and support academics and youth sports.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
80th percentile
Higher net margin than 80% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
74th percentile
Faster asset growth than 74% of similar nonprofits.
Revenue Growth
24th percentile
Faster revenue growth than 24% of similar nonprofits.
Balance Sheet
Assets
Up$42,318
Up $6,290 (+17%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Up$42,318
Up $6,290 (+17%) from 2023
Revenue
Down$22,690
Down $13,438 (-37%) from 2023
Expenses
Up$16,400
Up $16,300 (+16300%) from 2023
Net Income
Down$6,290
Down $29,738 (-83%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $42,318
- Liabilities
- $0
- Net assets
- $42,318
- Revenue
- $22,690
- Expenses
- $16,400
- Net income
- $6,290
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 8, 2025
- Return Version
- 2024v5.1
- Gross Receipts
- $51,990
Mission and Program Overview
Mission
The mission of the foundation is to promote mental health awareness and support academics and youth sports.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| RAISE FUNDS FOR THE DEVELOPMENT AND SUPPORT OF ORGANIZATIONS THAT SUPPORT MENTAL HEALTH AWARENESS AND YOUTH SPORTS | $0 | $27,260 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| THOMAS FARLEY BAILEY | President | - | $0 | - | - |
| JOHN JOSEPH SETTIPANE | Treasurer | - | $0 | - | - |
| KEVIN THOMAS BAILEY | Clerk | - | $0 | - | - |
| WILLIAM ROBERT STURGIS | Director | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Memorial Golf Tournament | $51,990 | $51,990 | $29,300 | $22,690 |
| Total Events | $51,990 | $51,990 | $29,300 | $22,690 |
Filing and Contact Details
Filer
- Filer Name
- Thomas W Bailey Hope Foundation Inc
- EIN
- 92-1439893
- Phone
- 6172300924
- Address
- 31 CENTRE ST, WINTHROP, MA 02152
Signing Officer
- Name
- Thomas F Bailey
- Title
- President
- Phone
- 6172300924
- Signed
- 2025-05-08
- Discuss with paid preparer
- Yes
Preparer
- Firm
- E J Callahan & Associates LLC
- Address
- ONE PLEASURE ISLAND ROAD SUITE 2A, WAKEFIELD, MA 01880
- Preparer
- Edward J Callahan CPA
- Phone
- 6179747697
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: scholarship & grants . Grantee name: winthrop youth hockey association . Grantee address: po 520032 winthrop , ma 02152. Property description: cash . Date of gift: 09/20/24. Amount given: 3,400.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: scholarship & grants. Grantee name: the ranch teammates for life. Grantee address: po box 16597 duluth , mn 55816. Property description: cash . Date of gift: 08/22/24. Amount given: 1,000.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: scholarship & grants. Grantee name: individual. Property description: cash. Date of gift: 08/13/24. Amount given: 10,000.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: scholarship & grants. Grantee name: st. Michael the archangel parish. Grantee address: 320 winthrop street wintrop, ma 02152. Property description: cash. Date of gift: 12/20/24. Amount given: 1,000.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: scholarship & grants. Grantee name: winthrop youth football association . Property description: cash. Date of gift: 11/26/24. Amount given: 1,000. Total included on form 990-ez, line 10: 16,400.”
Raw XML Appendix151 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JOHN JOSEPH SETTIPANE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6173063685 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 31 CENTRE ST |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | WINTHROP |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02152 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 36028 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 42318 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 6290 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 36028 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 42318 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 51990 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 16400 |
| IRS990EZ/GrossReceiptsAmt | 0 | 51990 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 36028 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 42318 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 36028 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 42318 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | THOMAS FARLEY BAILEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JOHN JOSEPH SETTIPANE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | KEVIN THOMAS BAILEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | WILLIAM ROBERT STURGIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | CLERK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE MISSION OF THE FOUNDATION IS TO PROMOTE MENTAL HEALTH AWARENESS AND SUPPORT ACADEMICS AND YOUTH SPORTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | RAISE FUNDS FOR THE DEVELOPMENT AND SUPPORT OF ORGANIZATIONS THAT SUPPORT MENTAL HEALTH AWARENESS AND YOUTH SPORTS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 27260 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 29300 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 22690 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 16400 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 27260 |
| IRS990EZ/TotalRevenueAmt | 0 | 22690 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 51990 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 62573 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 114563 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 114563 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 51990 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 62573 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 114563 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 114563 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 29300 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | MEMORIAL GOLF TOURNAMENT |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 51990 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 51990 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 51990 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 51990 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 22690 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 29300 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 29300 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACTIVITY CLASSIFICATION: SCHOLARSHIP & GRANTS . GRANTEE NAME: WINTHROP YOUTH HOCKEY ASSOCIATION . GRANTEE ADDRESS: PO 520032 WINTHROP , MA 02152. PROPERTY DESCRIPTION: CASH . DATE OF GIFT: 09/20/24. AMOUNT GIVEN: 3,400. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACTIVITY CLASSIFICATION: SCHOLARSHIP & GRANTS. GRANTEE NAME: THE RANCH TEAMMATES FOR LIFE. GRANTEE ADDRESS: PO BOX 16597 DULUTH , MN 55816. PROPERTY DESCRIPTION: CASH . DATE OF GIFT: 08/22/24. AMOUNT GIVEN: 1,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACTIVITY CLASSIFICATION: SCHOLARSHIP & GRANTS. GRANTEE NAME: INDIVIDUAL. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 08/13/24. AMOUNT GIVEN: 10,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACTIVITY CLASSIFICATION: SCHOLARSHIP & GRANTS. GRANTEE NAME: ST. MICHAEL THE ARCHANGEL PARISH. GRANTEE ADDRESS: 320 WINTHROP STREET WINTROP, MA 02152. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 12/20/24. AMOUNT GIVEN: 1,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ACTIVITY CLASSIFICATION: SCHOLARSHIP & GRANTS. GRANTEE NAME: WINTHROP YOUTH FOOTBALL ASSOCIATION . PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 11/26/24. AMOUNT GIVEN: 1,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 16,400. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | THOMAS F BAILEY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6172300924 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THOMAS W BAILEY HOPE FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | THOM |
| ReturnHeader/Filer/EIN | 0 | 921439893 |
| ReturnHeader/Filer/PhoneNum | 0 | 6172300924 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 31 CENTRE ST |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WINTHROP |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 02152 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 464547996 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | E J CALLAHAN & ASSOCIATES LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | ONE PLEASURE ISLAND ROAD SUITE 2A |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WAKEFIELD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 01880 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6179747697 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-08 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | EDWARD J CALLAHAN CPA |
| ReturnHeader/ReturnTs | 0 | 2025-05-09T10:33:19-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
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