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.
1.22x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
81st percentile
Higher net margin than 81% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
40th percentile
Faster asset growth than 40% of similar nonprofits.
Revenue Growth
30th percentile
Faster revenue growth than 30% of similar nonprofits.
Balance Sheet
Assets
Down$369,737
Down $12,548 (-3.3%) from 2021
Net Assets
Up-$80,487
Up $21,577 (+21%) from 2021
Liabilities
Down$450,224
Down $34,125 (-7.0%) from 2021
Revenue And Expenses
Revenue
Down$65,253
Down $8,438 (-11%) from 2021
Expenses
Down$43,675
Down $30,927 (-41%) from 2021
Net Income
Up$21,578
Up $22,489 (+2469%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2021 to Jun 30, 2022
- Signed
- May 12, 2023
- Return Version
- 2021v4.0
- Gross Receipts
- $65,253
Mission and Program Overview
Mission
The us department of housing assistance for the less severly handicapped in an independent housing facility of 16 units for 16 tenants.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE US DEPARTMENT OF HOUSING ASSISTANCE FOR THE LESS SEVERLY HANDICAPPED IN AN INDEPENDENT HOUSING FACILITY OF 16 UNITS FOR 16 TENANTS. | - | $41,750 |
| THE US DEPARTMENT OF HOUSING ASSISTANCE FOR THE LESS SEVERLY HANDICAPPED IN AN INDEPENDENT HOUSING FACILITY OF 16 UNITS FOR 16 TENANTS. | - | - |
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 Di | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Basic Independent Apartments Inc
- EIN
- 58-1824754
- Phone
- 8704254515
- Address
- 1635 LEO DAVIS DR, MOUNTAIN HOME, AR 72653
Signing Officer
- Name
- Gary Smith
- Title
- President
- Phone
- 8704254515
- Signed
- 2023-05-12
Preparer
- Firm
- Pippin CPA LLC
- Address
- 904 S MAIN ST, MOUNTAIN HOME, AR 72653-4760
- Preparer
- Billy I Pippin CPA
- Phone
- 8704251120
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses 3,522 289 non-investment depreciation 12,582 total 16,393”
Form 990-ez, Part II, Line 24
“527,811 527,811 less accumulated depreciation 353,859 366,441 total 173,952 161,370”
Form 990-ez, Part II, Line 26
“Prior year liabilities 0 0 security deposits payable 1,943 1,943 due to ozark community home 55,800 55,800 due to trclf 332 1,328 notes payable hud 426,274 391,153”
Form 990-ez, Part III
“The us department of housing assistance for the less severly handicapped in an independent housing facility of 16 units for 16 tenants.”
Form 990-ez, Part III, Line 31
“The us department of housing assistance for the less severly handicapped in an independent housing facility of 16 units for 16 tenants.”
Raw XML Appendix150 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 DR |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MOUNTAIN HOME |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 72653 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 165756 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 165791 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 21578 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1925 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 382284 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 369737 |
| IRS990EZ/GrossReceiptsAmt | 0 | 65253 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 2 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 42576 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 42576 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -102065 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -80487 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -102065 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -80487 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 25357 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 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 DI |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 173952 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 161370 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 16393 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE US DEPARTMENT OF HOUSING ASSISTANCE FOR THE LESS SEVERLY HANDICAPPED IN AN INDEPENDENT HOUSING FACILITY OF 16 UNITS FOR 16 TENANTS. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 65251 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE US DEPARTMENT OF HOUSING ASSISTANCE FOR THE LESS SEVERLY HANDICAPPED IN AN INDEPENDENT HOUSING FACILITY OF 16 UNITS FOR 16 TENANTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | THE US DEPARTMENT OF HOUSING ASSISTANCE FOR THE LESS SEVERLY HANDICAPPED IN AN INDEPENDENT HOUSING FACILITY OF 16 UNITS FOR 16 TENANTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 41750 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 484349 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 450224 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 43675 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 41750 |
| IRS990EZ/TotalRevenueAmt | 0 | 65253 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 21870 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 18801 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 22856 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 23205 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 86732 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 65253 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 51815 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 66219 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 52015 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 42311 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 277613 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 364345 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 65253 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 73685 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 85020 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 74871 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 65516 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 364345 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 65253 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 73685 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 85020 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 74871 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 65516 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 364345 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES 3,522 289 NON-INVESTMENT DEPRECIATION 12,582 TOTAL 16,393 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 527,811 527,811 LESS ACCUMULATED DEPRECIATION 353,859 366,441 TOTAL 173,952 161,370 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PRIOR YEAR LIABILITIES 0 0 SECURITY DEPOSITS PAYABLE 1,943 1,943 DUE TO OZARK COMMUNITY HOME 55,800 55,800 DUE TO TRCLF 332 1,328 NOTES PAYABLE HUD 426,274 391,153 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE US DEPARTMENT OF HOUSING ASSISTANCE FOR THE LESS SEVERLY HANDICAPPED IN AN INDEPENDENT HOUSING FACILITY OF 16 UNITS FOR 16 TENANTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE US DEPARTMENT OF HOUSING ASSISTANCE FOR THE LESS SEVERLY HANDICAPPED IN AN INDEPENDENT HOUSING FACILITY OF 16 UNITS FOR 16 TENANTS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GARY SMITH |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8704254515 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-05-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BASIC INDEPENDENT APARTMENTS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BASI |
| ReturnHeader/Filer/EIN | 0 | 581824754 |
| ReturnHeader/Filer/PhoneNum | 0 | 8704254515 |
| 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/PreparerFirmGrp/PreparerFirmEIN | 0 | 263228559 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | PIPPIN CPA LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 904 S MAIN ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MOUNTAIN HOME |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 726534760 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8704251120 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-05-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BILLY I PIPPIN CPA |
| ReturnHeader/ReturnTs | 0 | 2023-05-15T14:18:16-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | GARY |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | SMITH |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-06-30 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $369,737
- Liabilities
- $450,224
- Net assets
- -$80,487
- Revenue
- $65,253
- Expenses
- $43,675
- Net income
- $21,578