Livelihood Basix INC EIN 45-5005942

Livelihood Basix INC

EIN  45-5005942 Private foundation / grantmaker Ithaca, NY
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Drives economic growth by creating businesses and jobs, strengthening local communities and support systems.
Leadership
Mary Houghton · Chairman
Money in and out
$115 revenue, $4K expenses
Bottom line

Drives economic growth by creating businesses and jobs, strengthening local communities and support systems. For fiscal year 2025 it reported $115 in revenue, $4K in expenses, and $302K in net assets.Pt I

Grants paid & assets · FY2025
Total revenue
$115
Pt VIII · Ln 12
Total expenses
$4K
Pt IX · Ln 25
Net assets
$302K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$4K
Total assets
302K
deployed as grants and operations

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$115
FY2025▼ -3%
Expenses
$4K
FY2025▼ -53%
Total assets
$302K
FY2025▼ -1%
Total liabilities
$0
FY2025
Total revenue
$115
Pt VIII · Ln 12
Total expenses
$4K
Pt IX · Ln 25
Net assets
$302K
Pt X · Ln 32
Total assetsPt II$302K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLivelihood Basix INC
EINHdr · item D45-5005942
Principal addressHdr · item CIthaca, NY
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q30)
Ruling yearIRS BMFApr 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer & Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income100%$115
Total revenueLn 12$115

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Operating & administrative $1.00
Operating & administrative100%$4K
Total functional expensesLn 25$4K

Balance Sheet

Part X · end of year
CashLn 1$302K
Total assetsLn 16$302K
Total liabilitiesLn 26$0
Total net assetsLn 32$302K
Months of cash on handcomputed808.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $302K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $115
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $115
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $115 · Prior year $118
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $302K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $115 · Expenses $4K
-3794%
Liabilities-to-Assets
Total liabilities — · Total assets $302K
Net-asset ratio
Net assets $302K · Total assets $302K
100%
People & payroll
Highest Reported Total Compensation
Individual Mary Houghton · Reported title CHAIRMAN · Highest reported compensation $0 · Total expenses $4K
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth -3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$115 revenue · viewing · ⤓ 990 PDF
FY2024$118 revenue · ⤓ 990 PDF
FY2023$9K revenue · ⤓ 990 PDF
FY2022not on file
FY2021$3K revenue · ⤓ 990 PDF
FY2020$374 revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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