THE BASS FOUNDATION INC (EIN 223207547) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

THOMAS A BASS

Phone

9737369723

Tax Period

2023-01-01 to 2023-12-31

THE BASS FOUNDATION INC, founded in 1993, is a small nonprofit in the Human Services sector that reported $233K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $47K, a strong 20% operating margin.

Mission

To nurture and enrich the lives of individuals in underserved New Jersey communities primarily located in Essex and Morris counties. The Organization provides food, clothing, toys, necessities and educational support in these communities.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $106,673

Program Service Revenue $0

Investment Income $8,629

Other Revenue $117,813

TOTAL REVENUE $233,115

Expense Breakdown

Grants Paid $89,090

Salaries & Benefits $61,630

Fundraising Expenses $33,187

Program Expenses $140,004

Other Expenses $35,200

TOTAL EXPENSES $185,920

Year-over-Year Comparison

	2023	2022	Change
Revenue	$233,115	$208,219	+0.1%
Expenses	$185,920	$210,996	-0.1%
Net Income	$47,195	$-2,777	-18.0%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$53,233

Total Directors

$53,233

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS A BASS	PRESIDENT	2.00	Officer Director	$0	$0	$0
STACEY BERMAN	EXECUTIVE DIRECTOR	30.00	Officer Director	$53,233	$0	$53,233
KENNETH E WINSLOW	TREASURER	1.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$233,115	$185,920	$363,125	$47,195
2022	$208,219	$210,996	$321,641	$-2,777
2021	$271,900	$236,618	$324,197	$35,282
2020	$309,799	$222,323	$283,358	$87,476
2019	$170,140	$190,066	$199,443	$-19,926
2018	$200,020	$293,279	$219,923	$-93,259

THE BASS FOUNDATION INC