Highlights
- Friends of Basis Louisiana, registered in Scottsdale, AZ, reported TY2023 revenue of $1,892,369, up 76% from $1,076,036 in TY2022.
- Expenses of $1,986,111 exceeded revenue by roughly $94,000, though total assets held at $42,632,229.
- Officer compensation was $0 across all three reported tax years, an unusual figure for an organization of this asset size.
- Assets surged from $10,528,944 in TY2021 to $42,108,995 in TY2022, a near-quadrupling that preceded the revenue growth.
Friends of Basis Louisiana, a nonprofit registered in Scottsdale, AZ with EIN 851717382, reported $1,892,369 in revenue for tax year 2023, a 76% increase from $1,076,036 the prior year, according to IRS Form 990 data published by ProPublica Nonprofit Explorer.
Expenses of $1,986,111 outpaced that revenue by approximately $94,000, leaving the organization in a modest operating deficit for TY2023. Total assets, however, stood at $42,632,229 at year-end, a figure that dwarfs the organization's annual revenue and expense activity and raises questions about the composition of the asset base.
The asset picture is the more striking data point in the three-year filing history. Assets were $10,528,944 in TY2021, then jumped to $42,108,995 in TY2022, a near-quadrupling in a single year, before edging up to $42,632,229 in TY2023. The 990 data does not explain the source of that asset growth.
Officer compensation was reported as $0 in TY2021, TY2022, and TY2023. For a nonprofit carrying more than $42 million in assets, zero officer comp across three consecutive years is atypical and warrants a closer read of the full 990 schedules, which would detail whether compensation flows through a management agreement or affiliated entity rather than direct officer pay.
Revenue in TY2021 was $1,250,700, with expenses of just $7,549, a ratio that suggests the organization was in a capital-accumulation or startup phase that year rather than active program deployment.
The organization's Scottsdale address places it within a dense cluster of nonprofit activity. Scottsdale's 85258 zip code alone contains 438 nonprofit and 501(c) organizations with combined assets of $5.9 billion, according to TaxExemptWorld data current as of October 2025.
The full 990 filing, available through ProPublica, would identify board members, program service descriptions, and Schedule B donor disclosures that could explain both the asset jump and the revenue trajectory. Those schedules are the next document to pull.
Why does a Louisiana-named nonprofit file from Scottsdale?
The 990 data identifies the organization's address as Scottsdale, AZ, but the name references Louisiana. That gap, a state-named entity domiciled in Arizona, is a common structure for school-support organizations affiliated with charter networks that operate across multiple states. The 990 schedules, particularly Schedule O and any attached program service descriptions, would clarify the relationship. The Signal is reviewing the full filing.
Sources
Every factual claim in this article traces to one of the sources below. See how we work for the editorial process.
- ProPublica Nonprofit Explorer retrieved 29/06/2026 22:38
- taxexemptworld.com retrieved 29/06/2026 22:38
Authored by The Scottsdale Signal. Drafted by AI from primary-source material under our beat-specific editorial guides; reviewed by humans before publish under our five-gate process. Sources retrieved at 29/06/2026 22:38. Every claim traces to a source.
