TPhilanthropy, Voluntarism & GrantmakingEIN: 237041610· Ruling Year: 1969

Friends Of Bassett Inc

Cooperstown, New York

BHealth Score
58B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org6.28×
Peer Median15.61×
💰
$4.8M
Total Revenue
📊
$2.6M
Total Expenses
🏦
$16.0M
Net Assets
📋
$1.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+51.8%
Year-over-year change (2022 → 2023)
Net Margin
+47.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
6.28
Net assets divided by total expenses
Liabilities-to-Assets
7.3%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$4,838,79952%$2,551,13932%$17,282,50130%
2022$3,188,33441%$3,732,00327%$13,296,595210%
2021$5,445,016139%$5,101,64267%$4,282,7969%
2020$2,279,47143%$3,049,8214%$3,939,42212%
2019$3,989,2881%$3,162,4384%$4,459,19617%
2018$4,009,68512%$3,033,75132%$3,815,65640%
2017$4,545,339150%$4,429,25394%$2,729,4251%
2016$1,818,15425%$2,286,10729%$2,692,67316%
2015$2,435,05316%$3,238,59812%$3,198,22719%
2014$2,889,63231%$3,685,38752%$3,947,59815%
2013$2,198,96541%$2,427,39014%$4,661,3234%
2012$3,713,40634%$2,826,52047%$4,836,79824%
2011$2,767,2899%$1,926,90833%$3,908,67127%
2010$3,044,393$2,864,816$3,087,948

Frequently Asked Questions

What does Friends Of Bassett Inc do?

Friends Of Bassett Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in New York. It is classified under NTEE code T22J and is registered as a 501(c) tax-exempt organization with the IRS.

Is Friends Of Bassett Inc financially healthy?

Based on our 9-metric Financial Health Score model, Friends Of Bassett Inc has a score of 58/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Friends Of Bassett Inc generate?

Friends Of Bassett Inc reports $5.0M in annual revenue and holds $20.3M in total assets, based on IRS filings.

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