Civic Intelligence

Bare Necessities Inc.

990EZ • Fiscal year 2019 • EIN 38-3985314

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 28, 2020

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.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

70th percentile

15%

Higher net margin than 70% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

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.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

71st percentile

20%

Faster asset growth than 71% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

35th percentile

-9.0%

Faster revenue growth than 35% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$62,521

Up $10,375 (+20%) from 2018

Net Assets

Up

$62,521

Up $10,375 (+20%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$84,897

Down $8,380 (-9.0%) from 2018

Expenses

Down

$71,994

Down $3,928 (-5.2%) from 2018

Net Income

Down

$12,903

Down $4,452 (-26%) from 2018

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

2019

Assets$62,521
Liabilities$0
Net Assets$62,521

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

2019

Revenue$84,897
Expenses$71,994
Net Income$12,903
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 28, 2020
Return Version
2019v5.1
Gross Receipts
$90,521
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 212,947 diapers during 2019 to families in need along the CT shoreline (primarily Clinton, CT).Partnered with local churches, community and social services.$23,750$74,525
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tina BascomPresidentPT$0--
Rodney BascomVice PresidentPT$0--
Rose McLaughlinTreasurerPT$0--
Maria AndersonSecretaryPT$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
Tina Bascom
Title
President
Phone
2039287558
Signed
2020-06-28
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 23064.

Form 990EZ, Part I, Line 16

Operation Expense 6926.

Form 990EZ, Part I, Line 16

In Kind Distributions 48669.

Form 990EZ, Part I, Line 20

Prior period adjustment - income of $2,528 double-counted in 2018 -2528.

Form 990EZ, Part II, Line 24

Inventory 7253. 13402.

Raw XML Appendix197 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/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt013402
IRS990EZ/OtherChangesInNetAssetsAmt0-2528
IRS990EZ/OtherExpensesTotalAmt055595
IRS990EZ/OtherRevenueTotalAmt023064
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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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/PrintingPublicationsPostageAmt01087
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Distributed over 212,947 diapers during 2019 to families in need along the CT shoreline (primarily Clinton, CT).Partnered with local churches, community and social services.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt023750
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt074525
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SpecialEventsNetIncomeLossAmt012154
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0In Kind Contributions 23064.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Operation Expense 6926.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2In Kind Distributions 48669.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Prior period adjustment - income of $2,528 double-counted in 2018 -2528.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Inventory 7253. 13402.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part II, Line 24
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Tina Bascom
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02039287558
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-28
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/IPTm017:13:28
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/PreparationDt02020-07-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mary Jo Walker
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-07-13T17:19:55-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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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. 2019 filings • 501(c)3 • <$500k nonprofits