Civic Intelligence

Basic Fund Scholarship Foundation

990EZ • Fiscal year 2023 • EIN 93-1637027

May 08, 2023 to Jun 30, 2023 • Filed on Apr 28, 2025

Organization ProfileWWW.BASICFUND.ORG
475 14th Street 290Oakland, CA 94612

(415) 954-4400

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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2023

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

2023 filings • NTEE T • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$0

No earlier filing loaded for comparison.

Net Assets

$0

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

$0

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$0

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$20M$15M$10M$5.0M$0Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $15,214,444Liabilities 2024: $0Net Assets 2024: $15,214,4442024

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$20M$15M$10M$5.0M$0Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $15,199,263Expenses 2024: $10,019Net Income 2024: $15,189,2442024

Highlighted filing

2023

Revenue$0
Expenses$0
Net Income$0
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
May 8, 2023 to Jun 30, 2023
Signed
Apr 28, 2025
Return Version
2023v6.0
Gross Receipts
$0
Mission and Program Overview

Mission

With a purpose of supporting and sustaining the scholarship programs of the basic fund, and guided by the basic fund scholarship foundation's board of directors, the foundation will strategically deploy funds raised into carefully managed investments.

Supporting and sustaining the scholarship programs of the basic fund.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION WAS NOT YET ACTIVE DURING THE YEAR.$0$0
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD BARKERDirector-$0--
JAMES H HERBERT IIDirector-$0--
JOHN E KERRIGAN JRDirector-$0--
JOHN COUCHDirector-$0--
MICHAEL MCCARTHYPresident-$0--
JANISHA SABNANISecretary/Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
The Basic Fund Scholarship Foundation
EIN
93-1637027
Phone
4159544400
Address
475 14TH STREET 290, OAKLAND, CA 94612

Signing Officer

Name
Michael Mccarthy
Title
Chairman & President
Phone
4159544400
Signed
2025-04-28
Discuss with paid preparer
Yes

Preparer

Firm
Hood & Strong Llp
Address
2580 N 1ST ST STE 460, SAN JOSE, CA 95131
Preparer
Maga E Kisriev
Phone
4089988400
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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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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/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
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ReturnHeader/ReturnTs02025-04-30T14:52:36-05:00
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ReturnHeader/TaxPeriodBeginDt02023-05-08
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$0
Expenses
$0
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.2$0.00$15.2$15.2$0.01$15.2
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00