Bailey House Inc

Nonprofit profile at a glance

EIN
133165181
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Brooklyn, NY, USA
Phone
2126332500
Rating
79
Verdict
SUPPORTED
Rating confidence
Standard
Sector
AIDS

Official website

Reported finances

Revenue
$20,628,432
Expenses
$22,179,778
Assets
$32,590,110
Liabilities
$22,533,647

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • CHARLES KING (MEMBER/CHIEF EXECUTIVE OFF)
  • ANDREW COAMEY (EXECUTIVE DIRECTOR)
  • JEWEL ALLRED (VICE PRESIDENT HUMAN RESOU)
  • KEVIN BLANK (VICE PRESIDENT FOR HOUSIN)

Highest reported compensation

  • CHARLES KING (MEMBER/CHIEF EXECUTIVE OFF): $566,893 total reported compensation
  • MATTHEW BERNARDO (MEMBER): $434,721 total reported compensation
  • ANDREW COAMEY (EXECUTIVE DIRECTOR): $297,717 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Bailey house's mission is to help transform the lives of people with or at risk of HIV/AIDS or other chronic illnesses through housing, health services and community.

What it reported doing in 2024

The behavioral health and community services program provided services to low-income people, all of whom live with either HIV/AIDS or other chronic illnesses. Services are designed to eliminate barriers to care and increase access to quality medical care via medical case management and patient navigation. Over the course of the year, bailey house offered peer-based support groups focusing on health education, recovery, and risk reduction. The health and wellness program consists of a food pantry, providing food assistance via grocery bags for clients and the greater surrounding community, as well as nutrition education through food and meal preparation demonstrations, nutrition workshops and printed materials. Last year, the food pantry provided lots of meals to support the community. Our east harlem neighborhood records the highest rate of psychiatric hospitalizations and the second highest rate of suicide. The clinic operates under a harm reduction philosophy, and the "show rate" for patients is higher than many clinics, an extraordinary accomplishment given the target population typically being difficult to engage in behavioral health care.

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 60
  • Accountability: 79
  • Sustainability: 29
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.3%; rating input score 99
  • Fundraising efficiency: $98.08 raised per $1 spent on fundraising; rating input score 84; 84th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.4%; rating input score 94; 22nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 16th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -7.5%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 1.47; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.69; rating input score 18; 18th percentile among comparable filings
  • Officer compensation ratio: 4.5%; rating input score 55; 55th percentile among comparable filings

Growth

  • Program expense growth: 7.6% per year; rating input score 100; 59th percentile among comparable filings
  • Revenue growth: 6.4% per year; rating input score 100; 55th percentile among comparable filings
  • Asset growth: 15.3% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 99.3% of spending went to programs
  • Governance: 8 of 10 board members independent · 7 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $22M in reported program spending
  • Leadership: top reported pay $567K · 19 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $110K reported
  • Consistency: 35 of 35 current checks pass
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 26 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Sustainability: Operating margin scored 13/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • High — Sustainability: Liabilities to assets ratio scored 18/100.
  • Review — Sustainability: Officer compensation ratio scored 55/100.