Overview
What is The Bass Foundation Inc?
The Bass Foundation Inc, located in Maplewood, New Jersey, is a nonprofit organization dedicated to uplifting individuals from underserved communities primarily in Essex and Morris counties. Their primary mission is to enrich lives through the provision of essentials such as food, clothing, toys, and necessities. They also extend educational support to those in need. The foundation operates with a committed team of five individuals and engages volunteers to distribute meals, healthy food, and fresh produce to food-insecure families in the East Orange community. Their work aims to make a significant impact on the lives of less fortunate individuals in the specified regions.
Official website here: www.thebassfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (56%)
The Bass Foundation Inc has received a low rating of 56%, which indicates significant concerns regarding accountability and finance. The lack of independent board members raises questions about governance and oversight, as there are no independent members out of a possible ten. Additionally, the organization is noted to have missing conflict of interest and whistleblower policies, which are critical for ensuring transparency and ethical management.
Despite these weaknesses, the foundation does exhibit some strengths, including a solid program expense ratio of 80.36%, indicating a strong commitment to its programs. Furthermore, it shows no material diversion of assets, which reflects positively on its financial management practices. The organization's website is properly listed on its tax form, ensuring accessibility to its information.
However, the absence of essential governance policies and the lack of an independent board could hinder trust among potential donors and stakeholders. Improving these areas could enhance the foundation's rating and overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Bass Foundation Inc legitimate?
The Bass Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bass Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $75,058
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,805
For more financial information, click here
Official website here: www.thebassfoundation.org
What is the mission statement of The Bass Foundation Inc?
The mission of The Bass Foundation Inc, as stated, is centered around enhancing the lives of individuals in underserved communities. Specifically, this organization focuses on communities primarily located in Essex and Morris counties. They achieve this by providing essential resources such as food, clothing, toys, and educational support to those in need. The foundation's mission is to nurture and enrich the lives of these less fortunate individuals, aiming to make a positive impact on their daily lives. The organization's efforts are demonstrated through their Food & Support Program in East Orange, New Jersey, where they distribute meals, healthy food, and fresh produce to food insecure families.
Official website here: www.thebassfoundation.org
Who is the CEO of The Bass Foundation Inc?
Thomas A Bass is the President of The Bass Foundation Inc.
Official website here: www.thebassfoundation.org
What is the revenue of The Bass Foundation Inc?
The Bass Foundation Inc's revenue in 2022 was $208,219.
Official website here: www.thebassfoundation.org
Who are the executives of The Bass Foundation Inc and what are their salaries?
The average compensation at The Bass Foundation Inc during 2022 was $15,773. There are 5 employees and 60 volunteers at The Bass Foundation Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $26,350
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $48,708
- Related: $0
- Other: $0
Official website here: www.thebassfoundation.org
Where can I find the form 990 for The Bass Foundation Inc?
The Bass Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thebassfoundation.org
Learn more at the official website: www.thebassfoundation.org
Mission Statement of The Bass Foundation Inc
The Bass Foundation Inc is committed to enhancing and enriching the lives of individuals residing in underserved communities, primarily located in Essex and Morris counties, New Jersey. This nonprofit organization takes a comprehensive approach to uplifting these less fortunate individuals, providing them with essentials such as food, clothing, toys, and educational support. By doing so, The Bass Foundation aims to nurture and improve the overall well-being of these communities.
At the heart of its mission, The Bass Foundation Inc seeks to enrich the lives of those in need. This is achieved through various programs and initiatives, one of which is the Food & Support Program in East Orange, New Jersey. Here, the Foundation, alongside volunteers, distributes nutritious meals, fresh produce, and healthy food to families struggling with food insecurity. By addressing this fundamental need, The Bass Foundation plays a crucial role in ensuring that these individuals have the necessary resources to lead healthier, more stable lives.
In summary, The Bass Foundation Inc is a nonprofit organization dedicated to improving the lives of underserved communities in Essex and Morris counties, New Jersey. Through its mission, the Foundation provides essentials like food, clothing, and educational support, aiming to nurture and enrich the lives of less fortunate individuals. Its Food & Support Program in East Orange is a testament to its commitment, ensuring that families in need have access to nutritious meals and fresh produce.
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Impact
October, 2024
The Bass Foundation Inc significantly enhances the lives of individuals in underserved communities, particularly in Essex and Morris counties, New Jersey. By focusing on essential needs, the organization addresses critical issues such as food insecurity by distributing meals, healthy food, and fresh produce to families in East Orange. In addition to food support, the foundation also provides clothing, toys, and educational resources, ensuring that vulnerable populations receive the necessary assistance to thrive. Their holistic approach not only meets immediate needs but also contributes to the long-term enrichment of the community, fostering a more equitable environment for those facing economic challenges.
This information is meant to be a general summary of The Bass Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $11
- Gross Receipts: $304,534
Assets and Liabilities:
- Total Assets: $321,641
- Total Liabilities: $5,850
- Net Assets: $315,791
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Organization Details
Founding Year
1993
Phone
(973) 736-9723Principal Officer
Thomas A Bass
Main Address
PO BOX 392, MAPLEWOOD, NJ, 070400392
Website
www.thebassfoundation.orgNTEE Category
Code: P20 - Human services
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