BASSETT FOUNDATION INC
BASSETT,
Nebraska,
68714
EIN: 47-0756046
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
PO BOX 383
68714
COUNTY
rock county, NE
ORGANIZATIONAL OVERVIEW & RANKINGS
BASSETT FOUNDATION INC is a based in BASSETT, NE, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Public Foundations. Established in March 1995, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $484,589.00, this ranks 296,417 among 2,656,690 nonprofits nationally (Top 12%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 2,282 out of 19,625 organizations in NE (Top 12%).
In rock county, NE, the organization ranks 2 out of 30 nonprofits by assets (Top 2%), while locally in bassett, it stands at 2 among 29 organizations (Top 2%).
The organization reported annual revenue of $8,554.00, ranking 593,574 nationally (Top 23%) and 4,411 in NE (Top 23%).
Within its specific NTEE classification (T30 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 17,619 similar organizations, BASSETT FOUNDATION INC ranks 2,142 in assets (Top 13%) and 5,519 in revenue (Top 32%).
Note: This organization's tax-exempt status was temporarily revoked on December 15, 2023 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a June fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Area development redevelopment of renewal
Community promotion
Community service organization
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T30: Public Foundations
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Friday, December 15, 2023;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
07/2020
ACCOUNTING PERIOD
07
INCOME CODE
1: $1 to $9,999
INCOME AMOUNT
$8,554.00
FORM 990 REVENUE AMOUNT
$8,554.00
RULING DATE
03/1995
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$484,589.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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