Civic Intelligence

The Basc Foundation

990EZ • Fiscal year 2016 • EIN 27-3609761

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 08, 2017

Organization ProfileTHEBASCFOUNDATION.ORG
PO Box 7767Ventura, CA 93003

(818) 762-2597

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

3rd percentile

-237%

Higher net margin than 3% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

45th percentile

-2.2%

Faster revenue growth than 45% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $10,624 (-100%) from 2015

Net Assets

Down

$0

Down $10,624 (-100%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin3rd percentile

Revenue

Down

$4,490

Down $101 (-2.2%) from 2015

Expenses

Up

$15,114

Up $12,114 (+404%) from 2015

Net Income

Down

-$10,624

Down $12,215 (-768%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15K$10K$5.0K$0Assets 2011: $5,293Net Assets 2011: $5,2932011Assets 2014: $9,033Net Assets 2014: $9,0332014Assets 2015: $10,624Net Assets 2015: $10,6242015Assets 2016: $0Net Assets 2016: $02016

Highlighted filing

2016

Assets$0
Liabilities-
Net Assets$0
Open 2016 Filing

Operations Trend

Revenue Growth45th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20K$10K$0-$10K-$20KRevenue 2011: $14,581Expenses 2011: $9,288Net Income 2011: $5,2932011Revenue 2014: $5,223Expenses 2014: $5,514Net Income 2014: -$2912014Revenue 2015: $4,591Expenses 2015: $3,000Net Income 2015: $1,5912015Revenue 2016: $4,490Expenses 2016: $15,114Net Income 2016: -$10,6242016

Highlighted filing

2016

Revenue$4,490
Expenses$15,114
Net Income-$10,624
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 8, 2017
Return Version
2016v3.0
Gross Receipts
$4,490
Mission and Program Overview

Mission

The purpose of the basc foundation is to provide critical financial support to help reward all deserving students in their career choices.

Program Services

DescriptionGrantsExpenses
THE GOAL OF THE FOUNDATION IS TO SELECT STUDENT CANDIDATES WHO POSSESS DEMONSTRATED NEEDS AS WELL AS THE DESIRE AND COMMITMMENT TO ACHIEVING THEIR DREAMS AND ASPIRATIONS.WE HAVE GIVEN GRANTS.$1,882-
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARK FARGOPresident-$0--
ERIK WARDVice President-$0--
LINDA YENSecretary-$0--
Filing and Contact Details

Filer

Filer Name
The Basc Foundation
EIN
27-3609761
Phone
8187622597
Address
PO BOX 7767, VENTURA, CA 93003

Signing Officer

Name
Mark Fargo
Title
President
Signed
2017-02-08
Discuss with paid preparer
Yes

Preparer

Firm
Lorenz & Opdahl LLP
Address
17835 VENTURA BLVD STE 201, ENCINO, CA 91316
Preparer
Michael Lorenz
Phone
8187622597
Raw XML Appendix134 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE BASC FOUNDATION IS TO PROVIDE CRITICAL FINANCIAL SUPPORT TO HELP REWARD ALL DESERVING STUDENTS IN THEIR CAREER CHOICES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE GOAL OF THE FOUNDATION IS TO SELECT STUDENT CANDIDATES WHO POSSESS DEMONSTRATED NEEDS AS WELL AS THE DESIRE AND COMMITMMENT TO ACHIEVING THEIR DREAMS AND ASPIRATIONS.WE HAVE GIVEN GRANTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt01882
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
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IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TotalExpensesAmt015114
IRS990EZ/TotalProgramServiceExpensesAmt01882
IRS990EZ/TotalRevenueAmt04490
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0THEBASCFOUNDATION.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt04490
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04591
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt05223
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt014304
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt014304
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt014304
IRS990ScheduleN/DirectorOfSuccessor2Ind0false
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0GRANTS AND EXPENSES
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02016-12-16
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt015114
IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MARK FARGO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE BASC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BASC
ReturnHeader/Filer/EIN0273609761
ReturnHeader/Filer/PhoneNum08187622597
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 7767
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093003
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091316
ReturnHeader/PreparerPersonGrp/PhoneNum08187622597
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael Lorenz
ReturnHeader/ReturnTs02017-02-08T13:11:36-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$4,490
Expenses
$15,114
Net income
-$10,624
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$4.49$15.1$10.6
2015Detailed filing. Detailed filing data is available for this year.$10.6$10.6$4.59$3.00$1.59
2014Detailed filing. Detailed filing data is available for this year.$9.03$9.03$5.22$5.51$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.29$5.29$14.6$9.29$5.29