Basque Foundation Inc
EIN: 260513270 · Boise, ID · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $608K |
| Total Expenses | $445K |
| Net Assets | $1.1M |
Is Basque Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Basque Foundation Inc
Basque Foundation Inc (EIN: 260513270) is a nonprofit organization based in Boise, ID, classified under NTEE code A60. The organization reported total revenue of $608K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Basque Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Basque Foundation Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 56.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $449K |
| Total Expenses | $445K |
| Surplus / Deficit | +$4K |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | 0.8% |
| Months of Reserves | 30.4 months |
Financial Health Grade: A
In 2023, Basque Foundation Inc reported a surplus of $4K with revenue exceeding expenses, holds 30.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Basque Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 56.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.9% | +9.7% | +5.6% |
| 2022 | +161.8% | +124.1% | +3.4% |
| 2021 | -11.3% | -17.1% | -1.0% |
| 2020 | -47.4% | -45.2% | +1.2% |
| 2019 | +66.7% | +43.1% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Basque Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Basque Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Frequently Asked Questions about Basque Foundation Inc
Is Basque Foundation Inc a legitimate charity?
Basque Foundation Inc (EIN: 260513270) is a registered tax-exempt nonprofit based in Idaho. It has 13 years of IRS 990 filings on record. Total revenue: $608K. No red flags identified. Financial health grade: A.
How does Basque Foundation Inc spend its money?
Basque Foundation Inc reported $608K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Basque Foundation Inc tax-deductible?
Basque Foundation Inc is registered as a tax-exempt nonprofit (EIN: 260513270). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Basque Foundation Inc located?
Basque Foundation Inc is headquartered in Boise, Idaho and files with the IRS under EIN 260513270. It is classified under NTEE code A60.
How many years of IRS 990 filings does Basque Foundation Inc have?
Basque Foundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $608K in total revenue.
Filing History
IRS 990 filing history for Basque Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Basque Foundation Inc's revenue has grown by 21739.7%, moving from $2K to $449K. Total assets increased by 44.4% over the same period, from $782K to $1.1M. Total functional expenses rose by 362.4%, from $96K to $445K. In its most recent filing year (2023), Basque Foundation Inc reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $449K | $445K | $1.1M | $0 | — | View 990 |
| 2022 | $477K | $405K | $1.1M | $0 | — | View 990 |
| 2021 | $182K | $181K | $1.0M | $2 | — | View 990 |
| 2020 | $205K | $218K | $1.0M | $25K | — | View 990 |
| 2019 | $390K | $398K | $1.0M | $0 | — | View 990 |
| 2018 | $234K | $278K | $1.0M | $2K | — | View 990 |
| 2017 | $294K | $263K | $1.1M | $0 | — | View 990 |
| 2016 | $230K | $284K | $1.1M | $0 | — | View 990 |
| 2015 | $341K | $91K | $1.1M | $2K | — | View 990 |
| 2014 | $75K | $90K | $858K | $0 | — | View 990 |
| 2013 | $115K | $65K | $872K | $0 | — | View 990 |
| 2012 | $133K | $80K | $824K | $2K | — | View 990 |
| 2011 | $2K | $96K | $782K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $449K, expenses of $445K, and assets of $1.1M (revenue -5.9% year-over-year).
- 2022: Revenue of $477K, expenses of $405K, and assets of $1.1M (revenue +161.8% year-over-year).
- 2021: Revenue of $182K, expenses of $181K, and assets of $1.0M (revenue -11.3% year-over-year).
- 2020: Revenue of $205K, expenses of $218K, and assets of $1.0M (revenue -47.4% year-over-year).
- 2019: Revenue of $390K, expenses of $398K, and assets of $1.0M (revenue +66.7% year-over-year).
- 2018: Revenue of $234K, expenses of $278K, and assets of $1.0M (revenue -20.2% year-over-year).
- 2017: Revenue of $294K, expenses of $263K, and assets of $1.1M (revenue +27.5% year-over-year).
- 2016: Revenue of $230K, expenses of $284K, and assets of $1.1M (revenue -32.4% year-over-year).
- 2015: Revenue of $341K, expenses of $91K, and assets of $1.1M (revenue +352.7% year-over-year).
- 2014: Revenue of $75K, expenses of $90K, and assets of $858K (revenue -34.4% year-over-year).
- 2013: Revenue of $115K, expenses of $65K, and assets of $872K (revenue -13.9% year-over-year).
- 2012: Revenue of $133K, expenses of $80K, and assets of $824K (revenue +6389.4% year-over-year).
- 2011: Revenue of $2K, expenses of $96K, and assets of $782K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Basque Foundation Inc:
Data Sources and Methodology
This transparency report for Basque Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.