Civic Intelligence

Bassett Foundation Inc

990EZ • Fiscal year 2017 • EIN 47-0756046

Aug 01, 2016 to Jul 31, 2017 • Filed on Nov 09, 2017

PO Box 383Bassett, NE 68714

(402) 684-2356

Siviq Scores

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

Liabilities / Assets

87th percentile

0.36x

Higher debt load relative to assets than 87% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

99th percentile

8.87x

Higher debt load relative to revenue than 99% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

96th percentile

73%

Higher net margin than 96% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

52nd percentile

3.0%

Faster asset growth than 52% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

4th percentile

-78%

Faster revenue growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$233,780

Up $6,902 (+3.0%) from 2016

Net Assets

$150,043

No earlier filing loaded for comparison.

Liabilities

Up

$83,737

Up $48 (+0.1%) from 2016

Revenue

Down

$9,442

Down $33,697 (-78%) from 2016

Expenses

Down

$2,587

Down $28,734 (-92%) from 2016

Net Income

Down

$6,855

Down $4,963 (-42%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $323,456Liabilities 2011: $88,6582011Assets 2012: $347,570Liabilities 2012: $83,6702012Assets 2013: $250,574Liabilities 2013: $83,676Net Assets 2013: $166,8982013Assets 2014: $244,607Liabilities 2014: $83,679Net Assets 2014: $160,9282014Assets 2015: $215,057Liabilities 2015: $83,686Net Assets 2015: $131,3712015Assets 2016: $226,878Liabilities 2016: $83,6892016Assets 2017: $233,780Liabilities 2017: $83,737Net Assets 2017: $150,0432017Assets 2018: $492,183Liabilities 2018: $255,820Net Assets 2018: $236,3632018Assets 2019: $476,465Liabilities 2019: $259,018Net Assets 2019: $217,4472019Assets 2020: $484,589Liabilities 2020: $259,748Net Assets 2020: $224,8412020

Highlighted filing

2017

Assets$233,780
Liabilities$83,737
Net Assets$150,043

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $13,235Expenses 2011: $876Net Income 2011: $12,3592011Revenue 2012: $42,522Expenses 2012: $13,420Net Income 2012: $29,1022012Revenue 2013: $52,805Expenses 2013: $84,807Net Income 2013: -$32,0022013Revenue 2014: $22,967Expenses 2014: $28,937Net Income 2014: -$5,9702014Revenue 2015: $5,510Expenses 2015: $35,067Net Income 2015: -$29,5572015Revenue 2016: $43,139Expenses 2016: $31,321Net Income 2016: $11,8182016Revenue 2017: $9,442Expenses 2017: $2,587Net Income 2017: $6,8552017Revenue 2018: $99,884Expenses 2018: $13,564Net Income 2018: $86,3202018Revenue 2019: $9,814Expenses 2019: $28,730Net Income 2019: -$18,9162019Revenue 2020: $8,554Expenses 2020: $1,160Net Income 2020: $7,3942020

Highlighted filing

2017

Revenue$9,442
Expenses$2,587
Net Income$6,855
Jump To
Filing Snapshot
Filing Period
Aug 1, 2016 to Jul 31, 2017
Signed
Nov 9, 2017
Return Version
2016v3.0
Gross Receipts
$9,442
Mission and Program Overview

Mission

To promote economic development and community improvements for rock county citizens.

Program Services

DescriptionGrantsExpenses
COMMUNITY IMPROVEMENT$0$2,587
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BILL SANGERPresident-$0--
KRISTINE GALESecretary-$0--
KRISTI THORNBURGTreasurer-$0--
MIKE TURPINDirector-$0--
J T SHAWDirector-$0--
GARY A WILLIAMSNon-Voting Director-$0--
Filing and Contact Details

Filer

Filer Name
Bassett Foundation Inc
EIN
47-0756046
Phone
4026842356
Address
PO BOX 383, BASSETT, NE 68714

Signing Officer

Name
Kristi Thornburg
Title
Treasurer
Phone
4026843338
Signed
2017-11-09
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 8 - Other Revenue

Description: INTEREST. Amount: 170.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: OCCUPATION TAXES & FEES. Amount: 35. Description: SALES TAX. Amount: 7. Description: ADVERTISING. Amount: 430. Total to Form 990-EZ, line 16: 472.

Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets

Description: ROUNDING. Amount: -1.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: FUNDS HELDFOR OTHER ENTITIES. Beg. of Year Amount: 77,314. End of Year Amount: 77,361.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: FUNDS HELD FOR OTHER ENTITIES. Beg. of Year Amount: 83,689. End of Year Amount: 83,737.

Raw XML Appendix181 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0KRISTI THORNBURG
IRS990EZ/BooksInCareOfDetail/PhoneNum04026843338
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 383
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BASSETT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NE
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd068714
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0149564
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0156419
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt06500
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt06855
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0365
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0226878
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0233780
IRS990EZ/GrossReceiptsAmt09442
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0143189
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0150043
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0143189
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0150043
IRS990EZ/OccupancyRentUtltsAndMaintAmt01750
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BILL SANGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KRISTINE GALE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KRISTI THORNBURG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MIKE TURPIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4J T SHAW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5GARY A WILLIAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5NON-VOTING DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt077314
IRS990EZ/OtherAssetsTotalDetail/EOYAmt077361
IRS990EZ/OtherChangesInNetAssetsAmt0-1
IRS990EZ/OtherExpensesTotalAmt0472
IRS990EZ/OtherRevenueTotalAmt0170
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE ECONOMIC DEVELOPMENT AND COMMUNITY IMPROVEMENTS FOR ROCK COUNTY CITIZENS.
IRS990EZ/ProgramServiceRevenueAmt02772
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0COMMUNITY IMPROVEMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02587
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt083689
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt083737
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt02587
IRS990EZ/TotalProgramServiceExpensesAmt02587
IRS990EZ/TotalRevenueAmt09442
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt039665
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01208
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02389
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01288
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt051050
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0170
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0116
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0181
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0174
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0248
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0889
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt066488
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02772
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02882
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt03533
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt017529
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt024040
IRS990ScheduleA/OtherIncome170Grp/TotalAmt050756
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.49710
IRS990ScheduleA/PublicSupportTotal170Amt051050
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt039665
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01208
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02389
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01288
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt051050
IRS990ScheduleA/TotalSupportAmt0102695
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: INTEREST. Amount: 170.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: OCCUPATION TAXES & FEES. Amount: 35. Description: SALES TAX. Amount: 7. Description: ADVERTISING. Amount: 430. Total to Form 990-EZ, line 16: 472.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: ROUNDING. Amount: -1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: FUNDS HELDFOR OTHER ENTITIES. Beg. of Year Amount: 77,314. End of Year Amount: 77,361.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description: FUNDS HELD FOR OTHER ENTITIES. Beg. of Year Amount: 83,689. End of Year Amount: 83,737.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8 - Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The 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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KRISTI THORNBURG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04026843338
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BASSETT FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BASS
ReturnHeader/Filer/EIN0470756046
ReturnHeader/Filer/PhoneNum04026842356
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 383
ReturnHeader/Filer/USAddress/CityNm0BASSETT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NE
ReturnHeader/Filer/USAddress/ZIPCd068714
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00A6BC85149232A8C3FD2EE6DB67F9051D7F42184
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00375F14F208DA0FA5702D71535F31BC0D1600BE9
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0209.54.25.247
ReturnHeader/FilingSecurityInformation/IPDt02017-11-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm008:58:34
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0470526649
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DANA F COLE & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0121 EAST 4TH BOX 146
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AINSWORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd069210
ReturnHeader/PreparerPersonGrp/PhoneNum04023871673
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES L PERCIVAL
ReturnHeader/ReturnTs02017-11-09T09:09:22-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-08-01
ReturnHeader/TaxPeriodEndDt02017-07-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings