Civic Intelligence

Basic Independence Apartments Inc.

990EZ • Fiscal year 2020 • EIN 58-1824754

Jul 01, 2019 to Jun 30, 2020 • Filed on May 12, 2021

Organization ProfileN/A
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

95th percentile

1.21x

Higher debt load relative to assets than 95% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

99th percentile

5.80x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

91st percentile

58%

Higher net margin than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

55th percentile

7.4%

Faster asset growth than 55% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

74th percentile

11%

Faster revenue growth than 74% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$407,789

Up $27,979 (+7.4%) from 2019

Net Assets

Up

-$86,422

Up $51,393 (+37%) from 2019

Liabilities

Down

$494,211

Down $23,414 (-4.5%) from 2019

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin91st percentile

Revenue

Up

$85,255

Up $8,785 (+11%) from 2019

Expenses

Down

$35,978

Down $25,000 (-41%) from 2019

Net Income

Up

$49,277

Up $33,785 (+218%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

2020

Assets$407,789
Liabilities$494,211
Net Assets-$86,422
Open 2020 Filing

Operations Trend

Revenue Growth74th percentile

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

2020

Revenue$85,255
Expenses$35,978
Net Income$49,277
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 12, 2021
Return Version
2019v5.1
Gross Receipts
$85,255
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.-$35,978
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GARY SMITHPresident-$0--
KAREN HOPPERSecretary-$0--
DAVID CULLIPHERMember-$0--
OLIVIA MCDANIELExecutive 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
2021-05-12
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 AmountBANK CHARGES 3,526TELEPHONE 1,829ELECTRIC 12,830CABLE 1,476WATER 6,622TRASH PICK UP 1,337REPAIRS - BUILDING 2,840REPAIRS - EQUIPMENT 1,589PROPERTY TAXES 50”

Other changes in net assets or fund balances Part I line 20

“Description AmountPRIOR PERIOD ADJUSTMENT 2,116”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearNOTE PAYABLE 459,882 436,468TENANT SECURITY DEPOSIT 1,943 1,943UNSECURED NOTE - LOAN PAYABLE 55,800 55,800”

Raw XML Appendix155 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/BOYAmt0136242
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0164221
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt049277
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03099
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0379810
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0407789
IRS990EZ/GrossReceiptsAmt085255
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0243568
IRS990EZ/LandAndBuildingsGrp/EOYAmt0243568
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-137815
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-86422
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-137815
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-86422
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GARY SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KAREN HOPPER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DAVID CULLIPHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3OLIVIA MCDANIEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt02116
IRS990EZ/OtherExpensesTotalAmt032099
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/PrintingPublicationsPostageAmt0780
IRS990EZ/ProgramServiceRevenueAmt085255
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/ProgramServiceExpensesAmt035978
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0517625
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0494211
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt035978
IRS990EZ/TotalProgramServiceExpensesAmt035978
IRS990EZ/TotalRevenueAmt085255
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt022856
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt023205
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt018769
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt022822
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt087652
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt030
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt068820
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt075646
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0144496
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt052015
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt042311
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt050051
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt052824
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0197201
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt085020
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt085020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt068820
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt075646
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0144496
IRS990ScheduleA/InvestmentIncomeCYPct00.28000
IRS990ScheduleA/InvestmentIncomePYPct00.38000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.71910
IRS990ScheduleA/PublicSupportPY509Pct00.61910
IRS990ScheduleA/PublicSupportTotal509Amt0369873
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt085020
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt074871
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt065516
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt068820
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt075646
IRS990ScheduleA/Total509Grp/TotalAmt0369873
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt085020
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt074901
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt065516
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0137640
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0151292
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0514369
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountBANK CHARGES 3,526TELEPHONE 1,829ELECTRIC 12,830CABLE 1,476WATER 6,622TRASH PICK UP 1,337REPAIRS - BUILDING 2,840REPAIRS - EQUIPMENT 1,589PROPERTY TAXES 50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountPRIOR PERIOD ADJUSTMENT 2,116
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearNOTE PAYABLE 459,882 436,468TENANT SECURITY DEPOSIT 1,943 1,943UNSECURED NOTE - LOAN PAYABLE 55,800 55,800
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0OLIVIA MCDANIEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum08704254515
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-12
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/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/PreparationDt02021-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Billy I Pippin CPA
ReturnHeader/ReturnTs02021-05-13T10:38:33-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$407,789
Liabilities
$494,211
Net assets
-$86,422
Revenue
$85,255
Expenses
$35,978
Net income
$49,277
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
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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