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Nonprofit · EIN 22-3207547

THE BASS FOUNDATION INC

Tax-exempt · LIVINGSTON, NJ 07039

Financials

$233K$186K2023$156K$248K2024
Revenue Expenses · by fiscal year end
Financials of THE BASS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$155,859$248,296-$92,437$274,174$3,625$270,549
December 31, 2023990$233,115$185,920$47,195$363,125$139$362,986
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$106,359
Program service revenue
$0
Investment income
$8,759
Net income from fundraising events
$40,741
Other revenue
$40,741

Expenses

Grants and similar amounts paid
$157,080
Compensation of officers, directors and key employees
$58,542
Other salaries and wages
$650
Salaries, compensation and benefits (total)
$64,511
Professional fundraising fees
$0
Program services (functional)
$209,373
Management and general (functional)
$12,913
Fundraising (functional)
$26,010

Balance sheet and other

Total assets, start of year
$363,125
Total assets, end of year
$274,174
Total liabilities, end of year
$3,625
Net assets, end of year
$270,549
Net assets without donor restrictions
$270,549
Gross receipts
$264,685
Employees
3
Volunteers
75
Year formed
1993
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
STACEY BERMANEXECUTIVE DIRECTOR
Trustee or director, Officer
30$58,542
THOMAS A BASSPRESIDENT
Trustee or director, Officer
2$0
KENNETH E WINSLOWTREASURER
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
STACEY BERMANEXECUTIVE DIRECTOR
Trustee or director, Officer
30$53,233
THOMAS A BASSPRESIDENT
Trustee or director, Officer
2$0
KENNETH E WINSLOWTREASURER
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
27 PEBBLE BEACH DR, LIVINGSTON, NJ 07039-8208
In care of
% PEGGY BARNETT
Principal officer (990 for 2024)
THOMAS A BASS, PO BOX 392, MAPLEWOOD, NJ 070400392
Signed the 990
THOMAS A BASS, PRESIDENT
Phone
(973) 736-9723
Return prepared by
BEDERSON LLP

Mission

To enrich the lives of individuals in underserved New Jersey communities, located in Essex and Morris counties, through mentoring, education and programs that support essential family needs.

990 for the year ended December 31, 2024

Program accomplishments

  • Food & Support Program:The Foundation volunteers distribute meals, healthy food and fresh produce to food insecure families in the East Orange, New Jersey community.
    Expenses $56,126
  • Louverture School Support:The Foundation provides mentoring support programs, clothing and apparel for elementary school students in the Essex County, New Jersey community.
    Expenses $55,373
  • Holiday Program Support;The Foundation sponsors holiday events in Essex County and Morris County New Jersey. Volunteers distribute warm clothing, gifts and holiday foods to over 300 families and senior citizens.
    Expenses $21,924
  • Student Support & Programs - Maplewood, New JerseyProvides college scholarships and laptop computers to graduating high school seniors through the Columbia High School Scholarship program and Minority Achievement Committee.
    Expenses $12,733
  • Expenses allocable to program services
    Expenses $63,217

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
22-3207547
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$274,174
Income (IRS master file)
$264,685

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$155,859$248,296$274,174XML
990December 2023$233,115$185,920$363,125XML
990December 2022$208,219$210,996$321,641IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-3207547).

Questions about THE BASS FOUNDATION INC

What is the EIN of THE BASS FOUNDATION INC?
The employer identification number (EIN) of THE BASS FOUNDATION INC is 22-3207547.
Is THE BASS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to THE BASS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE BASS FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE BASS FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE BASS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE BASS FOUNDATION INC?
The 990 for the year ended December 31, 2024 names THOMAS A BASS.
Who are the officers and directors of THE BASS FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $58,542 (STACEY BERMAN, EXECUTIVE DIRECTOR).
How much revenue does THE BASS FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $155,859, expenses of $248,296 and total assets of $274,174 at year end.

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