Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.36x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
76th percentile
Higher net margin than 76% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
90th percentile
Faster asset growth than 90% of similar nonprofits.
Revenue Growth
70th percentile
Faster revenue growth than 70% of similar nonprofits.
Balance Sheet
Assets
Up$379,810
Up $180,659 (+91%) from 2018
Net Assets
Up-$137,815
Up $15,492 (+10%) from 2018
Liabilities
Up$517,625
Up $165,167 (+47%) from 2018
Revenue And Expenses
Revenue
Up$76,470
Up $10,943 (+17%) from 2018
Expenses
Down$60,978
Down $5,736 (-8.6%) from 2018
Net Income
Up$15,492
Up $16,679 (+1405%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2018 to Jun 30, 2019
- Signed
- Oct 28, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $76,470
Mission and Program Overview
Mission
SEE SCHEDULE O
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE US DEPARTMENT OF HOUSING ASSISTANCE FOR THE LESS SEVERELY HANDICAPPED IN AN INDEPENDENT HOUSING FACILITY OF 16 UNITS FOR 16 TENANTS | - | $61,084 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| GARY SMITH | President | - | $0 | - | - |
| KAREN HOPPER | Secretary | - | $0 | - | - |
| DAVID CULLIPHER | Member | - | $0 | - | - |
| OLIVIA MCDANIEL | Executive Director | - | $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
- 2019-10-28
- 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 17,744bank charges 817telephone 1,897electric 13,886cable 1,300water 6,845trash pick up 1,433repairs - building 3,566repairs - equipment 262property taxes 48auto expense 288non-investment depreciation 10,107dues and subscriptions 780”
Description of other assets Part II line 24
“Category beginning of year end of yearequipment 7,199 0”
Description of total liabilities Part II line 26
“Category beginning of year end of yearnote payable 289,774 459,882tenant security deposit 1,943 1,943unsecured note - loan payable 55,800 55,800prior period adjustment 4,941 0”
Raw XML Appendix167 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | OLIVIA MCDANIEL |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8704254515 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1635 LEO DAVIS DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MOUNTAIN HOME |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 72653 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 48579 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 136242 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 15492 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2005 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 199151 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 379810 |
| IRS990EZ/GrossReceiptsAmt | 0 | 76470 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 30 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 143373 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 243568 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -153307 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -137815 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -153307 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -137815 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | GARY SMITH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KAREN HOPPER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DAVID CULLIPHER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | OLIVIA MCDANIEL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | EXECUTIVE DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 7199 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 58973 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SEE SCHEDULE O |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 76440 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE US DEPARTMENT OF HOUSING ASSISTANCE FOR THE LESS SEVERELY HANDICAPPED IN AN INDEPENDENT HOUSING FACILITY OF 16 UNITS FOR 16 TENANTS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 61084 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 352458 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 517625 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 60978 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 61084 |
| IRS990EZ/TotalRevenueAmt | 0 | 76470 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 22856 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 23205 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 18769 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 22822 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 20371 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 108023 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 30 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 68820 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 75646 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 79836 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 224332 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 52015 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 42311 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 50051 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 52824 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 59465 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 256666 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 30 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 68820 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 75646 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 79836 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 224332 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.38000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.45000 |
| IRS990ScheduleA/PrivateFoundation509Ind | 0 | X |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.61910 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.54900 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 364689 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 74871 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 65516 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 68820 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 75646 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 79836 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 364689 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 74901 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 65516 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 137640 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 151292 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 159672 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 589021 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION AMOUNTINTEREST PAID 17,744BANK CHARGES 817TELEPHONE 1,897ELECTRIC 13,886CABLE 1,300WATER 6,845TRASH PICK UP 1,433REPAIRS - BUILDING 3,566REPAIRS - EQUIPMENT 262PROPERTY TAXES 48AUTO EXPENSE 288NON-INVESTMENT DEPRECIATION 10,107DUES AND SUBSCRIPTIONS 780 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | CATEGORY BEGINNING OF YEAR END OF YEAREQUIPMENT 7,199 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CATEGORY BEGINNING OF YEAR END OF YEARNOTE PAYABLE 289,774 459,882TENANT SECURITY DEPOSIT 1,943 1,943UNSECURED NOTE - LOAN PAYABLE 55,800 55,800PRIOR PERIOD ADJUSTMENT 4,941 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of total liabilities Part II line 26 |
| ReturnHeader/BuildTS | 0 | 2020-11-19 02:30:22Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | OLIVIA MCDANIEL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIREC |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8704254515 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-10-28 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BASIC INDEPENDENCE APARTMENTS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BASI |
| ReturnHeader/Filer/EIN | 0 | 581824754 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1635 LEO DAVIS DR |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MOUNTAIN HOME |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AR |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 72653 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 0D657E6FB8D85434104B08C133315CC8C87DCC51 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 0D657E6FB8D85434104B08C133315CC8C87DCC51 |
| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId | 0 | 4323042020135tdfnhf5 |
| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt | 0 | 2020-05-14 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 184.171.130.253 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-05-14 |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 17:47:23 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 263228559 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | PIPPIN CPA LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 56 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Gainesville |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 65655 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8704251120 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-05-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Billy I Pippin CPA |
| ReturnHeader/ReturnTs | 0 | 2020-05-14T16:55:38-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-06-30 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $379,810
- Liabilities
- $517,625
- Net assets
- -$137,815
- Revenue
- $76,470
- Expenses
- $60,978
- Net income
- $15,492