Civic Intelligence

The Basic Fund

990 • Fiscal year 2022 • EIN 94-3290699

Jul 01, 2021 to Jun 30, 2022

Organization Profilewww.basicfund.org
Oakland, CA
Siviq Scores

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

Liabilities / Assets

11th percentile

0.00x

Higher debt load relative to assets than 11% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

9th percentile

0.01x

Higher debt load relative to revenue than 9% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

27th percentile

-1.4%

Higher net margin than 27% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2022

Asset Growth

41st percentile

-2.0%

Faster asset growth than 41% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

37th percentile

-2.2%

Faster revenue growth than 37% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets11th percentile

Assets

Down

$23,502,708

Down $484,792 (-2.0%) from 2021

Net Assets

Down

$23,395,223

Down $324,936 (-1.4%) from 2021

Liabilities

Down

$107,485

Down $159,856 (-60%) from 2021

Revenue And Expenses
Liabilities / Revenue9th percentileNet Margin27th percentile

Revenue

Down

$9,421,973

Down $215,809 (-2.2%) from 2021

Expenses

Up

$9,556,741

Up $490,582 (+5.4%) from 2021

Net Income

Down

-$134,768

Down $706,391 (-124%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

$30M$20M$10M$0Assets 2010: $14,796,903Liabilities 2010: $3,333Net Assets 2010: $14,793,5702010Assets 2011: $14,824,544Liabilities 2011: $13,399Net Assets 2011: $14,811,1452011Assets 2012: $14,569,111Liabilities 2012: $18,846Net Assets 2012: $14,550,2652012Assets 2013: $19,705,832Liabilities 2013: $17,418Net Assets 2013: $19,688,4142013Assets 2014: $18,474,722Liabilities 2014: $8,780Net Assets 2014: $18,465,9422014Assets 2015: $18,011,685Liabilities 2015: $19,431Net Assets 2015: $17,992,2542015Assets 2016: $18,625,572Liabilities 2016: $13,220Net Assets 2016: $18,612,3522016Assets 2017: $19,205,638Liabilities 2017: $58,321Net Assets 2017: $19,147,3172017Assets 2018: $21,352,697Liabilities 2018: $33,614Net Assets 2018: $21,319,0832018Assets 2019: $21,176,737Liabilities 2019: $32,803Net Assets 2019: $21,143,9342019Assets 2020: $23,234,810Liabilities 2020: $201,299Net Assets 2020: $23,033,5112020Assets 2021: $23,987,500Liabilities 2021: $267,341Net Assets 2021: $23,720,1592021Assets 2022: $23,502,708Liabilities 2022: $107,485Net Assets 2022: $23,395,2232022Assets 2023: $23,129,936Liabilities 2023: $554,194Net Assets 2023: $22,575,7422023

Highlighted filing

2022

Assets$23,502,708
Liabilities$107,485
Net Assets$23,395,223
Open 2022 Filing

Operations Trend

Revenue Growth37th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $7,517,2552010Expenses 2011: $7,142,7982011Expenses 2012: $6,831,4062012Expenses 2013: $6,774,6162013Revenue 2014: $5,580,152Expenses 2014: $6,811,248Net Income 2014: -$1,231,0962014Revenue 2015: $5,865,662Expenses 2015: $6,326,396Net Income 2015: -$460,7342015Revenue 2016: $6,934,975Expenses 2016: $6,252,490Net Income 2016: $682,4852016Revenue 2017: $6,717,589Expenses 2017: $6,260,003Net Income 2017: $457,5862017Revenue 2018: $8,622,458Expenses 2018: $6,412,218Net Income 2018: $2,210,2402018Revenue 2019: $7,386,950Expenses 2019: $7,571,235Net Income 2019: -$184,2852019Revenue 2020: $9,507,333Expenses 2020: $7,478,424Net Income 2020: $2,028,9092020Revenue 2021: $9,637,782Expenses 2021: $9,066,159Net Income 2021: $571,6232021Revenue 2022: $9,421,973Expenses 2022: $9,556,741Net Income 2022: -$134,7682022Revenue 2023: $8,573,960Expenses 2023: $9,630,729Net Income 2023: -$1,056,7692023

Highlighted filing

2022

Revenue$9,421,973
Expenses$9,556,741
Net Income-$134,768
Open 2022 Filing
Filing Detail Status

This 2022 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2025)
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Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Mission and Program Overview

Mission

The basic fund (bay area scholarships for inner city children) is a privately funded program whose mission is to broaden the educational opportunities for inner city children by helping low-income families afford the cost of tuition at private schools in the bay area.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$23,502,708
Liabilities
$107,485
Net assets
$23,395,223
Revenue
$9,421,973
Expenses
$9,556,741
Net income
-$134,768
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$23.1$0.55$22.6$8.57$9.63$1.06
2022Summary only. Only limited summary data is available for this year.$23.5$0.11$23.4$9.42$9.56$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.0$0.27$23.7$9.64$9.07$0.57
2020Summary only. Only limited summary data is available for this year.$23.2$0.20$23.0$9.51$7.48$2.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.2$0.03$21.1$7.39$7.57$0.18
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.4$0.03$21.3$8.62$6.41$2.21
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.2$0.06$19.1$6.72$6.26$0.46
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.6$0.01$18.6$6.93$6.25$0.68
2015Detailed filing. Detailed filing data is available for this year.$18.0$0.02$18.0$5.87$6.33$0.46
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.5$0.01$18.5$5.58$6.81$1.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.7$0.02$19.7$6.77
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.6$0.02$14.6$6.83
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$0.01$14.8$7.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$0.00$14.8$7.52
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • $10M-$25M nonprofits