Civic Intelligence

Basicneeds Us Inc.

990EZ • Fiscal year 2021 • EIN 26-4181803

Oct 01, 2020 to Sep 30, 2021 • Filed on Feb 14, 2022

9 Meriam St Suite 4Lexington, MA 02420

(781) 869-6990

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

68th percentile

24%

Higher net margin than 68% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

78th percentile

43%

Faster asset growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

93rd percentile

232%

Faster revenue growth than 93% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$76,121

Up $22,756 (+43%) from 2020

Net Assets

Up

$76,121

Up $22,756 (+43%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$100,973

Up $70,588 (+232%) from 2020

Expenses

Up

$77,217

Up $64,061 (+487%) from 2020

Net Income

Up

$23,756

Up $6,527 (+38%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80K$60K$40K$20K$0Assets 2020: $53,365Liabilities 2020: $0Net Assets 2020: $53,3652020Assets 2021: $76,121Liabilities 2021: $0Net Assets 2021: $76,1212021Assets 2022: $22,237Liabilities 2022: $0Net Assets 2022: $22,2372022Assets 2023: $23,986Liabilities 2023: $0Net Assets 2023: $23,9862023Assets 2024: $32,972Liabilities 2024: $0Net Assets 2024: $32,9722024Assets 2025: $28,365Liabilities 2025: $0Net Assets 2025: $28,3652025

Highlighted filing

2021

Assets$76,121
Liabilities$0
Net Assets$76,121

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50K-$100KRevenue 2020: $30,385Expenses 2020: $13,156Net Income 2020: $17,2292020Revenue 2021: $100,973Expenses 2021: $77,217Net Income 2021: $23,7562021Revenue 2022: $33,489Expenses 2022: $87,373Net Income 2022: -$53,8842022Revenue 2023: $37,851Expenses 2023: $36,102Net Income 2023: $1,7492023Revenue 2024: $58,119Expenses 2024: $49,133Net Income 2024: $8,9862024Revenue 2025: $9,513Expenses 2025: $14,120Net Income 2025: -$4,6072025

Highlighted filing

2021

Revenue$100,973
Expenses$77,217
Net Income$23,756
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Feb 14, 2022
Return Version
2020v4.0
Gross Receipts
$100,973
Mission and Program Overview

Mission

BasicNeeds US seeks to improve access to effective mental health services and psychosocial supports for people and families affected by mental illness in resource poor settings around the world. We develop and promote strategies to provide mutual support and inclusive village banking supports. We provide seed funding and consultation to promote these innovative efforts for people with mental illnesses in our Network. Our work is in partnership with the BasicNeeds Network members supporting projects in low resource settings in Africa and South Asia.

BasicNeeds US seeks to improve access to effective mental health services and psychosocial supports for people and families affected by mental illness in resource poor settings around the world. We develop and promote strategies to enable people to live and work in healthy communities. We provide demonstration programs and training strategies for community health workers to promote self-help groups, peer support and other community partnerships. Our work continues in partnership with BasicNeeds programs and other collaborators in low resource settings in Africa and South Asia.

Program Services

DescriptionGrantsExpenses
BasicNeeds provided COVID preparedness and relief grants for our partners in Ghana and Kenya. These were for funds received from the Skoll Foundation this year ($75000). One of the grants to Ghana was sent on 9/14/20 and yet was wired incorrectly by the US Bank. It was refunded in late September and re-sent in October ($37,500 in tax year 2021). The bank assumed responsibility for the fees. We hope to avoid late year grants in future years.$75,000$37,570
The Kenya Farming grants continue to support livelihoods (micro-grants) and self-help group training for women and youth in small holder farming families in the Bungoma Highlands in western Kenya. We made two grants in 2020 because of delays in 2020 due to COVID ($20,254 from a prior year ECOM grant and $19,308 from the current year grant).$20,448$39,563
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard DoughertyPresidentPT$0--
Charlotte DoughertyMember-$0--
Chris UnderhillMember-$0--
Lauren TaylorMember-$0--
Filing and Contact Details

Filer

Filer Name
Basicneeds US Inc
EIN
26-4181803
Phone
7818696990
Address
9 Meriam St Suite 4, Lexington, MA 02420

Signing Officer

Name
Richard Dougherty
Title
President
Phone
7816086234
Signed
2022-02-14
Supplemental Narrative

Additional Explanations

Form 990-EZ, Header, Line B

This return is being amended to correct the methods used used for calculating "public support" and to bring forward numbers from the amended 2018 and 2019 returns. No other revenue or expense data are being changed from the initial filing. Our public support calculations for 2020 previously incorrectly included 100% of donations from 501c(3) donors qualified under section 509(a)(2). This corrects that error.

Form 990-EZ, Part I, Line 16

Bank Wires ($156), Business registration ($54) and PY adjustment (-$125.13) to reconcile 2019 closing cash balance in 990 to bank account balance. We have updated accounting software and reporting to correct for these errors in the future.

Form 990-EZ, Part I, Line 20

Check #1048, for $1000 to the College for Behavioral Health Leadership, a 501c(3) leadership development organization (FEI - 77-0588145), was written on 9/28/2020. It was reported on the 990 for the 2019 Tax Year. The support was to sponsor a Leadership Summit in the Fall on community development and collaboration. It cleared on 11/19/2020. We have included it in 2020 as other changes in net assets since this is on a cash basis.

Form 990-EZ, Part II, Line 26

Due to incorrect bank wire from our US Bank, a $37500 Program grant for COVID relief to Ghana was made on 9/14, we reported the error, it was refunded minus fees on 9/24, then charged to the account and resent again to Ghana in October 2021 (the next Tax year). The bank also credited fees that were a result of their error.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0BasicNeeds US seeks to improve access to effective mental health services and psychosocial supports for people and families affected by mental illness in resource poor settings around the world. We develop and promote strategies to enable people to live and work in healthy communities. We provide demonstration programs and training strategies for community health workers to promote self-help groups, peer support and other community partnerships. Our work continues in partnership with BasicNeeds programs and other collaborators in low resource settings in Africa and South Asia.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Kenya Farming grants continue to support livelihoods (micro-grants) and self-help group training for women and youth in small holder farming families in the Bungoma Highlands in western Kenya. We made two grants in 2020 because of delays in 2020 due to COVID ($20,254 from a prior year ECOM grant and $19,308 from the current year grant).
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1BasicNeeds provided COVID preparedness and relief grants for our partners in Ghana and Kenya. These were for funds received from the Skoll Foundation this year ($75000). One of the grants to Ghana was sent on 9/14/20 and yet was wired incorrectly by the US Bank. It was refunded in late September and re-sent in October ($37,500 in tax year 2021). The bank assumed responsibility for the fees. We hope to avoid late year grants in future years.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0In 2020, we revised our accounting methods and installed a new version of Quickbooks as well as implemented on-line reporting. In the process we discovered that we had not been reporting indirect public support properly for this support test in line 5F. BasicNeeds US has received many small (<2%) public support donations over the last five year. All of our larger sources of support (>2% of line 11F) have come from non-profits but not all have been publicly supported organizations and this is the correction from our previous 2020 filing. This amended filing corrects some errors of interpretation of the instructions for Schedule A, Part II, Section A, Line 5. It follows the amended returns we just filed for 2018 and 2019. In this 2020 filing, the Skoll Foundation (77-0528216) is publicly supported while the ECOM Foundation (01-0775179) is a private foundation and had been incorrectly reported in the original 202 calculations. In 2016 and 17 we also received funds from a public charity (Southwest Solutions) in Detroit for training and staff services under a county government grant. We have instituted better tracking of the tax status of our donors as a result.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0This return is being amended to correct the methods used used for calculating "public support" and to bring forward numbers from the amended 2018 and 2019 returns. No other revenue or expense data are being changed from the initial filing. Our public support calculations for 2020 previously incorrectly included 100% of donations from 501c(3) donors qualified under section 509(a)(2). This corrects that error.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Bank Wires ($156), Business registration ($54) and PY adjustment (-$125.13) to reconcile 2019 closing cash balance in 990 to bank account balance. We have updated accounting software and reporting to correct for these errors in the future.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Check #1048, for $1000 to the College for Behavioral Health Leadership, a 501c(3) leadership development organization (FEI - 77-0588145), was written on 9/28/2020. It was reported on the 990 for the 2019 Tax Year. The support was to sponsor a Leadership Summit in the Fall on community development and collaboration. It cleared on 11/19/2020. We have included it in 2020 as other changes in net assets since this is on a cash basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Due to incorrect bank wire from our US Bank, a $37500 Program grant for COVID relief to Ghana was made on 9/14, we reported the error, it was refunded minus fees on 9/24, then charged to the account and resent again to Ghana in October 2021 (the next Tax year). The bank also credited fees that were a result of their error.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Header, Line B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0This amendment is being filed to report changes in the Public Support calculations that were uncovered in response to questions on our 2019 return. Public support remains well above 33 1/3% .
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
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ReturnHeader/Filer/PhoneNum07818696990
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