Civic Intelligence

Bare Necessities Inc.

990EZ • Fiscal year 2021 • EIN 38-3985314

Jan 01, 2021 to Dec 31, 2021 • Filed on May 23, 2022

Refreshing map…

24 West Main Street Suite 414Clinton, CT 06413

(860) 227-2263

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

74th percentile

30%

Higher net margin than 74% 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

81st percentile

54%

Faster asset growth than 81% of similar nonprofits.

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

Revenue Growth

73rd percentile

44%

Faster revenue growth than 73% of similar nonprofits.

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

Assets

Up

$105,317

Up $36,851 (+54%) from 2020

Net Assets

Up

$105,317

Up $36,851 (+54%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$122,060

Up $37,415 (+44%) from 2020

Expenses

Up

$85,209

Up $6,509 (+8.3%) from 2020

Net Income

Up

$36,851

Up $30,906 (+520%) from 2020

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

2021

Assets$105,317
Liabilities$0
Net Assets$105,317

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

2021

Revenue$122,060
Expenses$85,209
Net Income$36,851
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 23, 2022
Return Version
2021v4.2
Gross Receipts
$124,619
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.

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

Program Services

DescriptionGrantsExpenses
DISTRIBUTED OVER 355,000 DIAPERS DURING 2021 TO FAMILILES IN NEED ALONG THE CONNECICUT SHORELINE (PRIMARILY CLINTON, CT). PARTNERED WITH LOCAL CHURCHES, COMMUNITY AND SOCIAL SERVICES.$0$79,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TINA BASCOMPresidentPT$0--
NANCY POPPVice PresidentPT$0--
ROSE MCLAUGHLINTreasurerPT$0--
MEGAN MARUZOSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Bare Necessities Inc
EIN
38-3985314
Phone
8602272263
Address
24 WEST MAIN STREET SUITE 414, CLINTON, CT 06413

Signing Officer

Name
Tina Bascom
Title
President
Phone
8602272263
Signed
2022-05-23
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest. Amount: 32.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: diapers. Amount: 60,573. Description: supplies. Amount: 1,194. Description: distribution expense. Amount: 1,840. Description: registrations and dues. Amount: 400. Description: communication. Amount: 117. Description: marketing and fundraising. Amount: 4,403. Total to form 990-ez, line 16: 68,527.

Form 990-ez, Part II, Line 24 - Other Assets

Description: inventory. Beg. Of year amount: 6,287. End of year amount: 13,499. Description: other. Beg. Of year amount: 100. End of year amount: 100.

Raw XML Appendix186 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.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TINA BASCOM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NANCY POPP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROSE MCLAUGHLIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MEGAN MARUZO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt068527
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO DISTRIBUTE DIAPERS AND OTHER ESSENTIALS FOR HEALTHY DAILY LIFE THROUGH EXISTING ORGANIZATIONS SUCH AS FOOD PANTRIES AND COMMUNITY SRVICES ALONG THE CONNECTICUT SHORELINE.
IRS990EZ/PrintingPublicationsPostageAmt0238
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DISTRIBUTED OVER 355,000 DIAPERS DURING 2021 TO FAMILILES IN NEED ALONG THE CONNECICUT SHORELINE (PRIMARILY CLINTON, CT). PARTNERED WITH LOCAL CHURCHES, COMMUNITY AND SOCIAL SERVICES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt079500
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt02559
IRS990EZ/SpecialEventsNetIncomeLossAmt012946
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CT
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TotalRevenueAmt0122060
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.BARENECESSITIESCT.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0109082
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt070041
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt082627
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IRS990ScheduleA/TotalSupportAmt0384422
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleG/CharitableDistributionRqrInd00
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt02559
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt015505
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IRS990ScheduleG/GamingManagerServicesProvTxt0OVERSEES THE RAFFLE RECORDKEEPING AND DISTRIBUTES AND TRACKS THE TICKET SALES.
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd01
IRS990ScheduleG/IndividualWithBooksNm0CHRISTINE NOCERA
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt024 WEST MAIN STREET SUITE 414
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0CLINTON
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0CT
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd006413
IRS990ScheduleG/StatesWhereGamingConductedCd0CT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 32.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DIAPERS. AMOUNT: 60,573. DESCRIPTION: SUPPLIES. AMOUNT: 1,194. DESCRIPTION: DISTRIBUTION EXPENSE. AMOUNT: 1,840. DESCRIPTION: REGISTRATIONS AND DUES. AMOUNT: 400. DESCRIPTION: COMMUNICATION. AMOUNT: 117. DESCRIPTION: MARKETING AND FUNDRAISING. AMOUNT: 4,403. TOTAL TO FORM 990-EZ, LINE 16: 68,527.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: INVENTORY. BEG. OF YEAR AMOUNT: 6,287. END OF YEAR AMOUNT: 13,499. DESCRIPTION: OTHER. BEG. OF YEAR AMOUNT: 100. END OF YEAR AMOUNT: 100.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TINA BASCOM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08602272263
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BARE NECESSITIES INC
ReturnHeader/Filer/BusinessNameControlTxt0BARE
ReturnHeader/Filer/EIN0383985314
ReturnHeader/Filer/PhoneNum08602272263
ReturnHeader/Filer/USAddress/AddressLine1Txt024 WEST MAIN STREET SUITE 414
ReturnHeader/Filer/USAddress/CityNm0CLINTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006413
ReturnHeader/ReturnTs02022-05-23T09:44:05-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TINA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BASCOM
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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