Question 1

Is Basic Fund Inc a tax-exempt 501(c)(3)?

Accepted Answer

Yes — Basic Fund Inc is recognised by the IRS as a 501(c)(3) organisation (EIN 42-1188596). The IRS recognised Basic Fund Inc as tax-exempt in February 1983.

Question 2

What is Basic Fund Inc's EIN?

Accepted Answer

Basic Fund Inc's Employer Identification Number (EIN) is 42-1188596. The EIN was assigned by the IRS in February 1983. Donors and grantmakers use the EIN to verify tax-exempt status with the IRS.

Question 3

What does Basic Fund Inc do?

Accepted Answer

Community endowment fund to support civic improvements

Question 4

Where is Basic Fund Inc located?

Accepted Answer

Basic Fund Inc is located at BOX 396, Schleswig, IA, 51461.

Question 5

When was Basic Fund Inc founded or recognised by the IRS?

Accepted Answer

Basic Fund Inc was recognised by the IRS as a tax-exempt organisation in February 1983. The IRS ruling date is the earliest authoritative date available for most US nonprofits.

Question 6

What is Basic Fund Inc's annual revenue?

Accepted Answer

On its most recent Form 990 (fiscal year 2024), Basic Fund Inc reported $75K in total revenue and $20K in total expenses.

Question 7

Has Basic Fund Inc been auto-revoked by the IRS?

Accepted Answer

No — Basic Fund Inc (EIN 42-1188596) does not appear on the IRS Auto-Revocation List. Givalgo Discover cross-references the IRS Auto-Revocation List on every profile load; if status changes, this page reflects it.

Question 8

Is Basic Fund Inc listed in IRS Publication 78?

Accepted Answer

Yes — Basic Fund Inc is listed in IRS Publication 78 as an organisation eligible to receive tax-deductible charitable contributions. Pub 78 status is the canonical IRS signal that donations to an org are deductible.

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Basic Fund Inc

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