CHARLES H BASSETT YOUTH FOUNDATION INC: Form 990EZ, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CHARLES H BASSETT YOUTH FOUNDATION INC (EIN 16-1467372)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202543219349202394
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T10:31:39-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 464289115 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Watson CPA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4500 State Route 434 | AddressLine1Txt |
| City | Apalachin | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13732 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 161467372 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Charles H Bassett Youth Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Robert C Bassett | InCareOfNm |
| Business Name Control | CHAR | BusinessNameControlTxt |
| Phone | 9075616630 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 34 12 Lake Street | AddressLine1Txt |
| City | Owego | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13827 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT C BASSETT | PersonNm |
| Person Title | Vice President | PersonTitleTxt |
| Phone | 9075616630 | PhoneNum |
| Signature | 2025-11-15 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ERIN WATSON | PreparerPersonNm |
| PTIN | P01608505 | PTIN |
| Phone | 6072234377 | PhoneNum |
| Preparation | 2025-11-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | NA | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $9,697 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $6,666 | ContributionsGiftsGrantsEtcAmt |
| Investment Income | $3,031 | InvestmentIncomeAmt |
| Total Revenue | $9,697 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $1,250 | GrantsAndSimilarAmountsPaidAmt |
| Fees And Other Pymt To Ind Cntrct | $300 | FeesAndOtherPymtToIndCntrctAmt |
| Occupancy Rent Utlts And Maint | $2,380 | OccupancyRentUtltsAndMaintAmt |
| Other Expenses Total | $1,439 | OtherExpensesTotalAmt |
| Total Expenses | $5,369 | TotalExpensesAmt |
| Excess Or Deficit For Year | $4,328 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $116,103 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | $6,514 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | $126,945 | NetAssetsOrFundBalancesEOYAmt |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,423 | BOYAmt |
| EOY | $92,639 | EOYAmt |
Land And Buildings LandAndBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,680 | BOYAmt |
| EOY | $34,306 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,103 | BOYAmt |
| EOY | $126,945 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,103 | BOYAmt |
| EOY | $126,945 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | See Part III Stmt | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | Provide grants, promote volunteer community service and support positive youth activities | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $1,250 | GrantsAndAllocationsAmt |
| Program Service Expenses | $5,369 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $5,369 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (8 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| Christian Freyli | ||||
| President | 5.00 | $0 | $0 | $0 |
| Dan Halliday | ||||
| Treasurer | 1.00 | $0 | $0 | $0 |
| Robert C Bassett | ||||
| Vice President | 1.00 | $0 | $0 | $0 |
| Ryan Marchewka | ||||
| Director | 1.00 | $0 | $0 | $0 |
| Colleen Dewey-Wright | ||||
| Secretary | 1.00 | $0 | $0 | $0 |
| Carol Livermore Ostrander | ||||
| Director | 1.00 | $0 | $0 | $0 |
| Zachary Krassin | ||||
| Director | 1.00 | $0 | $0 | $0 |
| Christopher Wieckhorst | ||||
| Director | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Robert C Bassett | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 34 12 Lake Street | AddressLine1Txt |
| City | Owego | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13827 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9075616630 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,850 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,750 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,400 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,300 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,666 | CurrentTaxYearAmt |
| Total | $24,966 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,850 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,750 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,400 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,300 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,666 | CurrentTaxYearAmt |
| Total | $24,966 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $24,966 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,855 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,865 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,118 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $912 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,031 | CurrentTaxYearAmt |
| Total | $10,781 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $35,747 | TotalSupportAmt |
| Public Support CY170 | 0.69840 | PublicSupportCY170Pct |
| Public Support PY170 | 0.32500 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| List of grants and similar amounts paid Part I line 10 | Activity Various Charitable Community & Youth OrganizationsAmount 1,250 |
| Description of other expenses Part I line 16 | Description AmountFees 65Depreciation 1,374 |
| Other changes in net assets or fund balances Part I line 20 | Description AmountStock Value Increase 6,514 |
Comments