Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.39x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
26th percentile
Faster asset growth than 26% of similar nonprofits.
Revenue Growth
4th percentile
Faster revenue growth than 4% of similar nonprofits.
Balance Sheet
Assets
Down$215,057
Down $29,550 (-12%) from 2014
Net Assets
Down$131,371
Down $29,557 (-18%) from 2014
Liabilities
Up$83,686
Up $7 (+0.0%) from 2014
Revenue And Expenses
Revenue
Down$5,510
Down $17,457 (-76%) from 2014
Expenses
Up$35,067
Up $6,130 (+21%) from 2014
Net Income
Down-$29,557
Down $23,587 (-395%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Aug 1, 2014 to Jul 31, 2015
- Signed
- Jan 14, 2016
- Return Version
- 2014v6.0
- Gross Receipts
- $5,510
Mission and Program Overview
Mission
To promote economic development and community improvements for rock county citizens.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| COMMUNITY IMPROVEMENT | $0 | $35,066 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| BILL SANGER | President | - | $0 | - | - |
| KRISTINE GALE | Secretary | - | $0 | - | - |
| KORLA J KELLER | Treasurer | - | $0 | - | - |
| MIKE TURPIN | Director | - | $0 | - | - |
| J T SHAW | Director | - | $0 | - | - |
| GARY A WILLIAMS | Non-Voting Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Bassett Foundation Inc
- EIN
- 47-0756046
- Phone
- 4026842356
- Address
- PO BOX 447, BASSETT, NE 68714
Signing Officer
- Name
- Bill Sanger
- Title
- President
- Phone
- 4026842460
- Signed
- 2016-01-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Dana F Cole & Company Llp
- Address
- 121 EAST 4TH BOX 146, AINSWORTH, NE 69210
- Preparer
- Charles L Percival
- Phone
- 4023871673
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 7 - Sales of Inventory
“Income: Gross Receipts: 588. Returns and Allowances: 0. Less Cost of Goods Sold: 0. Gross Profit: 588.”
Form 990-EZ, Part I, Line 8 - Other Revenue
“Description: INTEREST. Amount: 181.”
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: SCHOLARSHIPS & GRANTS. Amount: 750. Description: MISCELLANEOUS. Amount: 23. Description: SALES TAX. Amount: 33. Description: SUPPLIES. Amount: 32. Description: HOP LOANS. Amount: 33,750. Total to Form 990-EZ, line 16: 34,588.”
Form 990-EZ, Part II, Line 24 - Other Assets
“Description: FUNDS HELD FOR OTHER ENTITIES. Beg. of Year Amount: 77,303. End of Year Amount: 77,310.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: FUNDS HELD FOR OTHER ENTITIES. Beg. of Year Amount: 83,679. End of Year Amount: 83,686.”
Raw XML Appendix177 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 |
|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | KORLA J KELLER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4026842356 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 33 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BASSETT |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NE |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 68714 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 167304 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 137747 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 1208 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -29557 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 415 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 244607 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 215057 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 588 |
| IRS990EZ/GrossReceiptsAmt | 0 | 5510 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 588 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 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 | 160928 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 131371 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 160928 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 131371 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 64 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | BILL SANGER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KRISTINE GALE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | KORLA J KELLER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MIKE TURPIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | J T SHAW |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | GARY A WILLIAMS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | NON-VOTING DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 77303 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 77310 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 34588 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 181 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROMOTE ECONOMIC DEVELOPMENT AND COMMUNITY IMPROVEMENTS FOR ROCK COUNTY CITIZENS. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 3533 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | COMMUNITY IMPROVEMENT |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 35066 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 83679 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 83686 |
| 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 | 35067 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 35066 |
| IRS990EZ/TotalRevenueAmt | 0 | 5510 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 1208 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2389 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1288 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 30543 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2311 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 37739 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 181 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 174 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 248 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 552 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 907 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 2062 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 93218 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 3533 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 17529 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 24040 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 9836 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 16888 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 71826 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.33810 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.32930 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 37739 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 1208 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2389 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1288 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 30543 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2311 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 37739 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 111627 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Income: Gross Receipts: 588. Returns and Allowances: 0. Less Cost of Goods Sold: 0. Gross Profit: 588. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: INTEREST. Amount: 181. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: SCHOLARSHIPS & GRANTS. Amount: 750. Description: MISCELLANEOUS. Amount: 23. Description: SALES TAX. Amount: 33. Description: SUPPLIES. Amount: 32. Description: HOP LOANS. Amount: 33,750. Total to Form 990-EZ, line 16: 34,588. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description: FUNDS HELD FOR OTHER ENTITIES. Beg. of Year Amount: 77,303. End of Year Amount: 77,310. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Description: FUNDS HELD FOR OTHER ENTITIES. Beg. of Year Amount: 83,679. End of Year Amount: 83,686. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 7 - Sales of Inventory |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 8 - Other Revenue |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part II, Line 24 - Other Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part II, Line 26 - Other Liabilities |
| 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 | 2016-08-17 19:52:53Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BILL SANGER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4026842460 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-01-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BASSETT FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BASS |
| ReturnHeader/Filer/EIN | 0 | 470756046 |
| ReturnHeader/Filer/PhoneNum | 0 | 4026842356 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 447 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BASSETT |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NE |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 68714 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 470526649 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DANA F COLE & COMPANY LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 121 EAST 4TH BOX 146 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | AINSWORTH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 69210 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4023871673 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CHARLES L PERCIVAL |
| ReturnHeader/ReturnTs | 0 | 2016-03-03T10:21:39-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-08-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-07-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $215,057
- Liabilities
- $83,686
- Net assets
- $131,371
- Revenue
- $5,510
- Expenses
- $35,067
- Net income
- -$29,557