Bastazo C/o Dba
Nonprofit profile at a glance
- EIN
- 861326179
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990-EZ 2025
- Location
- Havertown, PA, USA
- Phone
- 6098205452
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $83,417
- Expenses
- $74,695
- Assets
- $14,353
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- SAMUEL SORBELLO (TRUSTEE)
- CYNTHIA QUAST-SORBELLO (TRUSTEE)
- ZACHARY QUAST (TRUSTEE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Bastazo's goal is to ease the burdens of those in our beach community that are dealing with cancer financially and provide support and comfort in any way that we can. We will collaborate with the Colleen Sorbello Breast Cancer Foundation as well as local hospitals, cancer centers, and support groups. Our future goals include serving the needs of the community in creative ways to support literacy and poverty within the City of Ocean City and the surrounding towns.Mission Statement: To create a unique retail space where the deals are great, the conversation is warm and friendly, and every person leaves more blessed than when they entered. To love the community through compassionate care in tangible ways like financial support for cancer treatments and life expenses, and help for those less fortunate in Ocean City and beyond.
What it reported doing in 2025
Cancer patient comfort care and living expenses
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 82
- Sustainability: 48
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82%; rating input score 82
- Program expense ratio: 91.5%; rating input score 92
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 10.5%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 0.19; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -21.6% per year; rating input score 0; 18th percentile among comparable filings
- Revenue growth: 7.1% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 87.3% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 82% of revenue deployed · 91.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $68K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.