Civic Intelligence

Basic Independence Apartments Inc.

990EZ • Fiscal year 2017 • EIN 58-1824754

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 13, 2017

1635 Leo Davis DrMountain Home, AR 72653

(870) 425-4515

Siviq Scores

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

Liabilities / Assets

97th percentile

1.73x

Higher debt load relative to assets than 97% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

99th percentile

5.25x

Higher debt load relative to revenue than 99% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

46th percentile

1.5%

Higher net margin than 46% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

38th percentile

-3.5%

Faster asset growth than 38% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

35th percentile

-9.0%

Faster revenue growth than 35% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$209,183

Down $7,483 (-3.5%) from 2016

Net Assets

Up

-$152,120

Up $1,039 (+0.7%) from 2016

Liabilities

Down

$361,303

Down $8,522 (-2.3%) from 2016

Revenue

Down

$68,867

Down $6,779 (-9.0%) from 2016

Expenses

Down

$67,828

Down $9,760 (-13%) from 2016

Net Income

Up

$1,039

Up $2,981 (+154%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200K-$400KAssets 2010: $281,776Liabilities 2010: $494,331Net Assets 2010: -$212,5552010Assets 2011: $268,394Liabilities 2011: $517,594Net Assets 2011: -$249,2002011Assets 2012: $261,974Liabilities 2012: $510,251Net Assets 2012: -$248,2772012Assets 2013: $255,939Liabilities 2013: $399,599Net Assets 2013: -$143,6602013Assets 2014: $241,319Liabilities 2014: $391,556Net Assets 2014: -$150,2372014Assets 2015: $229,284Liabilities 2015: $380,500Net Assets 2015: -$151,2162015Assets 2016: $216,666Liabilities 2016: $369,825Net Assets 2016: -$153,1592016Assets 2017: $209,183Liabilities 2017: $361,303Net Assets 2017: -$152,1202017Assets 2018: $199,151Liabilities 2018: $352,458Net Assets 2018: -$153,3072018Assets 2019: $379,810Liabilities 2019: $517,625Net Assets 2019: -$137,8152019Assets 2020: $407,789Liabilities 2020: $494,211Net Assets 2020: -$86,4222020Assets 2021: $382,285Liabilities 2021: $484,349Net Assets 2021: -$102,0642021Assets 2022: $369,737Liabilities 2022: $450,224Net Assets 2022: -$80,4872022Assets 2023: $328,587Liabilities 2023: $493,817Net Assets 2023: -$165,2302023Assets 2024: $308,694Liabilities 2024: $476,526Net Assets 2024: -$167,8322024

Highlighted filing

2017

Assets$209,183
Liabilities$361,303
Net Assets-$152,120

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $69,015Expenses 2010: $102,873Net Income 2010: -$33,8582010Revenue 2011: $70,301Expenses 2011: $106,945Net Income 2011: -$36,6442011Revenue 2012: $74,543Expenses 2012: $73,620Net Income 2012: $9232012Revenue 2013: $72,954Expenses 2013: $70,937Net Income 2013: $2,0172013Revenue 2014: $77,831Expenses 2014: $84,408Net Income 2014: -$6,5772014Revenue 2015: $80,277Expenses 2015: $81,256Net Income 2015: -$9792015Revenue 2016: $75,646Expenses 2016: $77,588Net Income 2016: -$1,9422016Revenue 2017: $68,867Expenses 2017: $67,828Net Income 2017: $1,0392017Revenue 2018: $65,527Expenses 2018: $66,714Net Income 2018: -$1,1872018Revenue 2019: $76,470Expenses 2019: $60,978Net Income 2019: $15,4922019Revenue 2020: $85,255Expenses 2020: $35,978Net Income 2020: $49,2772020Revenue 2021: $73,691Expenses 2021: $74,602Net Income 2021: -$9112021Revenue 2022: $65,253Expenses 2022: $43,675Net Income 2022: $21,5782022Revenue 2023: $71,703Expenses 2023: $80,487Net Income 2023: -$8,7842023Revenue 2024: $66,477Expenses 2024: $69,079Net Income 2024: -$2,6022024

Highlighted filing

2017

Revenue$68,867
Expenses$67,828
Net Income$1,039
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$68,867
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
THE US DEPARTMENT OF HOUSING ASSISTANCE FOR THE LESS SEVERELY HANDICAPPED IN AN INDEPENDENT HOUSING FACILITY OF 16 UNITS FOR 16 TENANTS-$57,585
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GARY SMITHPresident-$0--
KAREN HOPPERSecretary-$0--
DAVID CULLIPHERMember-$0--
Filing and Contact Details

Filer

Filer Name
Basic Independence Apartments Inc
EIN
58-1824754
Address
1635 LEO DAVIS DR, MOUNTAIN HOME, AR 72653

Signing Officer

Name
Olivia Mcdaniel
Title
Executive Direc
Phone
8704254515
Signed
2017-11-13
Discuss with paid preparer
No

Preparer

Firm
Pippin CPA LLC
Address
PO BOX 56, Gainesville, MO 65655
Preparer
Billy I Pippin CPA
Phone
8704251120
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description amountinterest paid 28,484bank charges 144telephone 1,572electric 12,658cable 1,173water 6,448trash pick up 1,413repairs - building 1,659repairs - equipment 1,571property taxes 63electronic billing 624nin-investment depreciation 10,241

Description of other assets Part II line 24

Category beginning of year end of yearequipment 128,345 118,102

Description of total liabilities Part II line 26

Category beginning of year end of yearnote payable 312,607 304,310tenant security deposit 1,418 1,193unsecured note - loan payable 55,800 55,800

Raw XML Appendix162 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0OLIVIA MCDANIEL
IRS990EZ/BooksInCareOfDetail/PhoneNum08704254515
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01635 LEO DAVIS DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MOUNTAIN HOME
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AR
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd072653
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt045744
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt048504
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01039
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01778
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0216666
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0209183
IRS990EZ/GrossReceiptsAmt068867
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt047
IRS990EZ/LandAndBuildingsGrp/BOYAmt042577
IRS990EZ/LandAndBuildingsGrp/EOYAmt042577
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-153159
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-152120
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-153159
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-152120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GARY SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KAREN HOPPER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DAVID CULLIPHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0128345
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0118102
IRS990EZ/OtherExpensesTotalAmt066050
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/ProgramServiceRevenueAmt068820
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE US DEPARTMENT OF HOUSING ASSISTANCE FOR THE LESS SEVERELY HANDICAPPED IN AN INDEPENDENT HOUSING FACILITY OF 16 UNITS FOR 16 TENANTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt057585
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0369825
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0361303
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt067828
IRS990EZ/TotalProgramServiceExpensesAmt057585
IRS990EZ/TotalRevenueAmt068867
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt018769
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt022822
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt020371
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt021863
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt021641
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0105466
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt068820
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt075646
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt079836
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt077117
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt072172
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0373591
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt050051
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt052824
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt059465
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt055254
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt050531
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0268125
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt068820
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt075646
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt079836
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt077117
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt072172
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0373591
IRS990ScheduleA/InvestmentIncomeCYPct00.50000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.50000
IRS990ScheduleA/PublicSupportPY509Pct00.99300
IRS990ScheduleA/PublicSupportTotal509Amt0373591
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt068820
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt075646
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt079836
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt077117
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt072172
IRS990ScheduleA/Total509Grp/TotalAmt0373591
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0137640
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0151292
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0159672
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0154234
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0144344
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0747182
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTINTEREST PAID 28,484BANK CHARGES 144TELEPHONE 1,572ELECTRIC 12,658CABLE 1,173WATER 6,448TRASH PICK UP 1,413REPAIRS - BUILDING 1,659REPAIRS - EQUIPMENT 1,571PROPERTY TAXES 63ELECTRONIC BILLING 624NIN-INVESTMENT DEPRECIATION 10,241
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEAREQUIPMENT 128,345 118,102
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARNOTE PAYABLE 312,607 304,310TENANT SECURITY DEPOSIT 1,418 1,193UNSECURED NOTE - LOAN PAYABLE 55,800 55,800
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0OLIVIA MCDANIEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum08704254515
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BASIC INDEPENDENCE APARTMENTS INC
ReturnHeader/Filer/BusinessNameControlTxt0BASI
ReturnHeader/Filer/EIN0581824754
ReturnHeader/Filer/USAddress/AddressLine1Txt01635 LEO DAVIS DR
ReturnHeader/Filer/USAddress/CityNm0MOUNTAIN HOME
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd072653
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02B8C676288551BF89C61933EE47993166D839480
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02B8C676288551BF89C61933EE47993166D839480
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId04323042018135xdriq4j
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-05-15
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0184.171.140.17
ReturnHeader/FilingSecurityInformation/IPDt02018-05-15
ReturnHeader/FilingSecurityInformation/IPTm010:01:08
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263228559
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PIPPIN CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 56
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Gainesville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd065655
ReturnHeader/PreparerPersonGrp/PhoneNum08704251120
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Billy I Pippin CPA
ReturnHeader/ReturnTs02018-05-15T09:56:57-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.09$4.77$1.68$0.66$0.69$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.29$4.94$1.65$0.72$0.80$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.70$4.50$0.80$0.65$0.44$0.22
2021Detailed filing. Detailed filing data is available for this year.$3.82$4.84$1.02$0.74$0.75$0.01
2020Detailed filing. Detailed filing data is available for this year.$4.08$4.94$0.86$0.85$0.36$0.49
2019Detailed filing. Detailed filing data is available for this year.$3.80$5.18$1.38$0.76$0.61$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.99$3.52$1.53$0.66$0.67$0.01
2017Detailed filing. Detailed filing data is available for this year.$2.09$3.61$1.52$0.69$0.68$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.17$3.70$1.53$0.76$0.78$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.29$3.81$1.51$0.80$0.81$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.41$3.92$1.50$0.78$0.84$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.56$4.00$1.44$0.73$0.71$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.62$5.10$2.48$0.75$0.74$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.68$5.18$2.49$0.70$1.07$0.37
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.82$4.94$2.13$0.69$1.03$0.34