Just Basics Inc
- Assets
- $246.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montpelier, VT
- Founding
- 05/2011
- Data as of
- 06/2022
- EIN
- 27-4184842
Organization Overview
Just Basics Inc is located in Montpelier, VT. The organization was established in 2011. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Just Basics Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Just Basics Inc generated $133.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $174.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WE OPERATE THE MONTPELIER FOOD PANTRY WHEREBY WE STRIVE TO MEET THE BASIC FOOD NEEDS WITHIN THE COMMUNITY. WE ALSO OPERATE A SUMMER MEALS PROGRAM AND PROVIDE ASSISTANCE WITH A LOCAL WARMING SHELTER FOR HOMELESS PEOPLE DURING THE WINTER MONTHS. THERE IS NO SIGNIFICANT PROGRAM REVENUE ASSOCIATED WITH THESE PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Belinda Dejesus Director | 0.5 | $0 | |
Steve Bailey President | 4.5 | $0 | |
Lowell Vanderlip Director | 0.5 | $0 | |
Eva Schectman Vice President | 4.5 | $0 | |
Tim Noonan Director | 11 | $0 | |
Joseph Kiefer Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $132,816 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $164 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $132,980 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $90,005 |
| Professional fees and other payments to independent contractors | $5,521 |
| Occupancy, rent, utilities, and maintenance | $34,753 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $44,517 |
| Total expenses | $174,796 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $245,959 |
| Other assets | $0 |
| Total assets | $246,251 |
| Total liabilities | $0 |
| Net assets or fund balances | $246,251 |