Civic Intelligence

Bare Necessities Inc.

990EZ • Fiscal year 2018 • EIN 38-3985314

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 30, 2019

24 West Main St Suite 414Clinton, CT 06413

(203) 928-7558

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

75th percentile

19%

Higher net margin than 75% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

84th percentile

50%

Faster asset growth than 84% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

60th percentile

7.6%

Faster revenue growth than 60% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$52,146

Up $17,355 (+50%) from 2017

Net Assets

Up

$52,146

Up $17,355 (+50%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$93,277

Up $6,598 (+7.6%) from 2017

Expenses

Up

$75,922

Up $7,787 (+11%) from 2017

Net Income

Down

$17,355

Down $1,189 (-6.4%) from 2017

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2015: $558Liabilities 2015: $0Net Assets 2015: $5582015Assets 2016: $16,248Liabilities 2016: $1Net Assets 2016: $16,2472016Assets 2017: $34,791Liabilities 2017: $0Net Assets 2017: $34,7912017Assets 2018: $52,146Liabilities 2018: $0Net Assets 2018: $52,1462018Assets 2019: $62,521Liabilities 2019: $0Net Assets 2019: $62,5212019Assets 2020: $68,466Liabilities 2020: $0Net Assets 2020: $68,4662020Assets 2021: $105,317Liabilities 2021: $0Net Assets 2021: $105,3172021Assets 2022: $122,400Liabilities 2022: $4,000Net Assets 2022: $118,4002022Assets 2023: $128,688Liabilities 2023: $02023Assets 2024: $143,791Liabilities 2024: $0Net Assets 2024: $143,7912024

Highlighted filing

2018

Assets$52,146
Liabilities$0
Net Assets$52,146

Operations Trend

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

$150K$100K$50K$0Revenue 2015: $5,612Expenses 2015: $5,054Net Income 2015: $5582015Revenue 2016: $49,925Expenses 2016: $34,236Net Income 2016: $15,6892016Revenue 2017: $86,679Expenses 2017: $68,135Net Income 2017: $18,5442017Revenue 2018: $93,277Expenses 2018: $75,922Net Income 2018: $17,3552018Revenue 2019: $84,897Expenses 2019: $71,994Net Income 2019: $12,9032019Revenue 2020: $84,645Expenses 2020: $78,700Net Income 2020: $5,9452020Revenue 2021: $122,060Expenses 2021: $85,209Net Income 2021: $36,8512021Revenue 2022: $97,656Expenses 2022: $84,573Net Income 2022: $13,0832022Revenue 2023: $114,514Expenses 2023: $104,226Net Income 2023: $10,2882023Revenue 2024: $132,906Expenses 2024: $117,803Net Income 2024: $15,1032024

Highlighted filing

2018

Revenue$93,277
Expenses$75,922
Net Income$17,355
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 30, 2019
Return Version
2018v3.1
Gross Receipts
$108,633
Mission and Program Overview

Mission

To distribute diapers and other essentials for healthy daily life through existing organizations such as food pantries and community services along the CT shoreline.

Program Services

DescriptionGrantsExpenses
Distributed over 218,065 diapers during 2018 to families in need along the CT shoreline (primarily Clinton, CT).Partnered with local churches, community and social services.$14,300$75,922
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elizabeth A Serra-LoudPresidentPT$0--
Tina A BascomVice PresidentPT$0--
Mary Jo WalkerTreasurerPT$0--
Barbara MankoSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Bare Necessities Inc
EIN
38-3985314
Phone
2039287558
Address
24 West Main St Suite 414, Clinton, CT 06413

Signing Officer

Name
Rose McLaughlin
Title
Treasurer
Phone
2039287558
Signed
2019-04-30
Discuss with paid preparer
Yes

Preparer

Firm
MJW EA & Company LLC
Address
206-A Boston Post Road, Madison, CT 06443
Preparer
Mary Jo Walker
Phone
2032456175
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

In Kind Contributions 24902.

Form 990EZ, Part I, Line 8

Insurance Refunds 91.

Form 990EZ, Part I, Line 16

Operation Expense 6940.

Form 990EZ, Part I, Line 16

In Kind Distributions 52125.

Form 990EZ, Part II, Line 24

Inventory 3867. 7253.

Form 990EZ, Part II, Line 26

Adjustment

Raw XML Appendix193 raw XML fields

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/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Elizabeth A Serra-Loud
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Tina A Bascom
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Mary Jo Walker
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Barbara Manko
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03867
IRS990EZ/OtherAssetsTotalDetail/EOYAmt07253
IRS990EZ/OtherExpensesTotalAmt059065
IRS990EZ/OtherRevenueTotalAmt024993
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To distribute diapers and other essentials for healthy daily life through existing organizations such as food pantries and community services along the CT shoreline.
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Distributed over 218,065 diapers during 2018 to families in need along the CT shoreline (primarily Clinton, CT).Partnered with local churches, community and social services.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt014300
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt075922
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt015356
IRS990EZ/SpecialEventsNetIncomeLossAmt010650
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt075922
IRS990EZ/TotalProgramServiceExpensesAmt075922
IRS990EZ/TotalRevenueAmt093277
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.barenecessitiesct.org
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0In Kind Contributions 24902.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance Refunds 91.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Operation Expense 6940.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3In Kind Distributions 52125.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Inventory 3867. 7253.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Adjustment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Rose McLaughlin
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum02039287558
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Bare Necessities Inc
ReturnHeader/Filer/BusinessNameControlTxt0BARE
ReturnHeader/Filer/EIN0383985314
ReturnHeader/Filer/PhoneNum02039287558
ReturnHeader/Filer/USAddress/AddressLine1Txt024 West Main St Suite 414
ReturnHeader/Filer/USAddress/CityNm0Clinton
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006413
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.198.119.2
ReturnHeader/FilingSecurityInformation/IPDt02019-10-24
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm010:26:54
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MJW EA & Company LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0206-A Boston Post Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Madison
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006443
ReturnHeader/PreparerPersonGrp/PhoneNum02032456175
ReturnHeader/PreparerPersonGrp/PreparationDt02019-10-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mary Jo Walker
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-10-24T10:26:59-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • <$500k nonprofits