Housing & Shelter
(L21Z)
990 on File
BASIC INDEPENDENCE APARTMENTS INC
Financial strength (30%)
41/100
Reliability (20%)
55/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$72K
Total Revenue
$80K
Total Expenses
$-165,230
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
96.5%
Fundraising Efficiency
N/A
Operating Reserve
-24.63x
Liability-to-Asset
150.3%
Revenue Diversification
100.0%
Compared with Peers
FY 2023
Compared with 3,196 similar organizations
(United States, Housing & Shelter, under $100K in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
96.5% | 84.5% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-24.6 mo | 37.4 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
150.3% | 3.8% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 99.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
9.9% | 0.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
84.3% | -0.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-12.3% | 5.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $72K | $80K | $-165,230 | 96.5% | — |
| 2022 | $65K | $44K | $-80,487 | 95.6% | — |
| 2021 | $74K | $75K | N/A | — | 1 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.