Civic Intelligence

The Beating the Odds Foundation

990 • Fiscal year 2018 • EIN 25-1879394

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 08, 2019

312 Sweet Cherry CourtHollidaysburg, PA 16648

(814) 693-1039

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

1.85x

Higher debt load relative to assets than 98% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

85th percentile

0.51x

Higher debt load relative to revenue than 85% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

89th percentile

41%

Higher net margin than 89% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

91st percentile

$115,069

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 20.3% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

97th percentile

187%

Faster asset growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

95th percentile

132%

Faster revenue growth than 95% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$156,648

Up $102,003 (+187%) from 2017

Net Assets

Up

-$133,040

Up $230,820 (+63%) from 2017

Liabilities

Down

$289,688

Down $128,817 (-31%) from 2017

Revenue

Up

$567,715

Up $323,135 (+132%) from 2017

Expenses

Up

$336,895

Up $146,506 (+77%) from 2017

Net Income

Up

$230,820

Up $176,629 (+326%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2010: $31,896Liabilities 2010: $1,060,047Net Assets 2010: -$1,028,1512010Assets 2011: $29,795Liabilities 2011: $1,125,795Net Assets 2011: -$1,096,0002011Assets 2013: $14,898Liabilities 2013: $485,405Net Assets 2013: -$470,5072013Assets 2014: $8,780Liabilities 2014: $478,341Net Assets 2014: -$469,5612014Assets 2015: $26,349Liabilities 2015: $456,445Net Assets 2015: -$430,0962015Assets 2016: $18,679Liabilities 2016: $436,730Net Assets 2016: -$418,0512016Assets 2017: $54,645Liabilities 2017: $418,505Net Assets 2017: -$363,8602017Assets 2018: $156,648Liabilities 2018: $289,688Net Assets 2018: -$133,0402018Assets 2019: $378,090Liabilities 2019: $255,589Net Assets 2019: $122,5012019Assets 2020: $253,233Liabilities 2020: $266,101Net Assets 2020: -$12,8682020Assets 2021: $129,470Liabilities 2021: $219,786Net Assets 2021: -$90,3162021Assets 2022: $33,337Liabilities 2022: $168,807Net Assets 2022: -$135,4702022Assets 2024: $47,763Liabilities 2024: $118,370Net Assets 2024: -$70,6072024

Highlighted filing

2018

Assets$156,648
Liabilities$289,688
Net Assets-$133,040

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $273,8012010Expenses 2011: $173,2222011Revenue 2013: $148,094Expenses 2013: $154,566Net Income 2013: -$6,4722013Revenue 2014: $118,653Expenses 2014: $117,707Net Income 2014: $9462014Revenue 2015: $209,865Expenses 2015: $170,400Net Income 2015: $39,4652015Revenue 2016: $224,605Expenses 2016: $212,560Net Income 2016: $12,0452016Revenue 2017: $244,580Expenses 2017: $190,389Net Income 2017: $54,1912017Revenue 2018: $567,715Expenses 2018: $336,895Net Income 2018: $230,8202018Revenue 2019: $671,190Expenses 2019: $415,649Net Income 2019: $255,5412019Revenue 2020: $114,498Expenses 2020: $249,867Net Income 2020: -$135,3692020Revenue 2021: $132,031Expenses 2021: $209,479Net Income 2021: -$77,4482021Revenue 2022: $159,572Expenses 2022: $204,726Net Income 2022: -$45,1542022Revenue 2024: $256,302Expenses 2024: $193,520Net Income 2024: $62,7822024

Highlighted filing

2018

Revenue$567,715
Expenses$336,895
Net Income$230,820
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 8, 2019
Return Version
2018v3.1
Gross Receipts
$629,088
Mission and Program Overview

Mission

Beating the odds foundation helps america's youth become winners in life despite the challenges, setbacks, or obstacles they face in today's society, and works to inspire individuals to reach their full potential in life.

To provide training and support to help youth overcome the obstacles and challenges of life

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$42,841$150,772▲ $107,931
Loans From Officers Directors$153,208$104,644▼ $48,564
Land, Buildings, and Equipment, Net$11,804$5,876▼ $5,928
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-363,860$-133,040▲ $230,820
Total Assets$54,645$156,648▲ $102,003
Liabilities
Other Liabilities$203,415$131,824▼ $71,591
Mortgage Notes Payable Secured by Investment Property$55,194$47,707▼ $7,487
Accounts Payable and Accrued Expenses$6,688$5,513▼ $1,175
Total Liabilities$418,505$289,688▼ $128,817
Net Assets / Fund Balance
Total Net Assets Fund Balance$-363,860$-133,040▲ $230,820
Total Liabilities and Net Assets / Fund Balance$54,645$156,648▲ $102,003

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,876$19,457$25,333
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rocco ScalziCEO/ FounderFT$115,069$115,069
Theresa ShowalterSecretary/ TreasurerFT$43,557$43,557

Board Members and Trustees

NameTitle
Charles R Baily JrChairman
Dr Ziad KhouryBoard of Trustees
Jason EbersoleBoard of Trustees
Joseph ShulmanBoard of Trustees
Joseph TrofinoBoard of Trustees
Rocco AlianielloBoard of Trustees
Revenue and Support

Revenue Composition

Contributions and Grants
$11,762
Program Service Revenue
$520,123
Investment Income
$0
Other Revenue
$35,830
All Other Contributions
$11,762
Change in Net Assets
$230,820
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$171,806
Other Expenses$165,089
Total Fundraising Expense$6,730
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$115,069$43,557-$158,626
Insurance-$18,258-$18,258
Occupancy-$15,860-$15,860
Payroll Taxes$9,561$3,619-$13,180
Interest-$8,488-$8,488
Office Expenses-$7,349-$7,349
Advertising--$6,730$6,730
Travel$6,199--$6,199
Depreciation Depletion$5,928--$5,928
Fees for Services Accounting-$3,255-$3,255
Other Expenses$14,197$856-$856
All Other Expenses$756--$756
Total Functional Expenses$222,050$108,115$6,730$336,895
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$61,373
Fundraising Gross Income$29,857
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
The Play$20,357$20,357$55,873$-35,516
Speaking Engagements & Dinners$9,500$9,500$5,500$4,000
Total Events$29,857$29,857$61,373$-31,516
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$153,208$104,644▼ $48,564
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lines of Credit & Credit Cards$131,824
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The president is the father of the secretary-treasurer.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the president of the foundation

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
The Beating the Odds Foundation
EIN
25-1879394
Phone
8146931039
Address
312 SWEET CHERRY COURT, HOLLIDAYSBURG, PA 16648

Signing Officer

Name
Rocco J Scalzi
Title
CEO/ Founder
Phone
8146931039
Signed
2019-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rocco J Scalzi
Formed
1991
Legal Domicile
Pa
Voting Board Members
6
Independent Board Members
6
Employees
2
Volunteers
0

Preparer

Firm
Young Oakes Brown & Company Pc
Address
1210 THIRTEENTH STREET, ALTOONA, PA 16601
Preparer
Rex Kaup CPA
Phone
8149446191
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IRS990ScheduleA/PublicSupportPY170Pct00.95960
IRS990ScheduleA/PublicSupportTotal170Amt0545112
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt011762
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt054780
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0192705
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0195149
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt090716
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0545112
IRS990ScheduleA/TotalSupportAmt0609423
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05876
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt019457
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt025333
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0131824
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LINES OF CREDIT & CREDIT CARDS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05876
IRS990ScheduleD/TotalLiabilityAmt0131824
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt061373
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPEAKING ENGAGEMENTS & DINNERS
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0THE PLAY
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt09500
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt020357
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt029857
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt09500
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt020357
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt029857
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-31516
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt061373
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05500
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt055873
IRS990ScheduleG/IndividualWithBooksNm0THERESA SHOWALTER
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0312 SWEET CHERRY COURT
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0HOLLIDAYSBURG
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0PA
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd016648
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt013644
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt167500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt323500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0TO FUND OPERATING NEEDS OF FOUNDATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1TO FUND OPERATING NEEDS OF FOUNDATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2TO FUND OPERATING NEEDS OF FOUNDATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3TO FUND OPERATING NEEDS OF FOUNDATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt070000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt210000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt329500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ROCCO SCALZI
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1DR KHOURY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2JOSEPH SHULMAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3CHARLES R BAILY JR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd30
IRS990ScheduleL/TotalBalanceDueAmt0104644
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT IS THE FATHER OF THE SECRETARY-TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE PRESIDENT OF THE FOUNDATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt054645
IRS990/TotalAssetsEOYAmt0156648
IRS990/TotalAssetsGrp/BOYAmt054645
IRS990/TotalAssetsGrp/EOYAmt0156648
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt011762
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06730
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0108115
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0222050
IRS990/TotalFunctionalExpensesGrp/TotalAmt0336895
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0418505
IRS990/TotalLiabilitiesEOYAmt0289688
IRS990/TotalLiabilitiesGrp/BOYAmt0418505
IRS990/TotalLiabilitiesGrp/EOYAmt0289688
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-363860
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-133040
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0222050
IRS990/TotalProgramServiceRevenueAmt0520123
IRS990/TotalReportableCompFromOrgAmt0158626
IRS990/TotalRevenueGrp/ExclusionAmt0-31516
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0587469
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0567715
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt054645
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0156648
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt06199
IRS990/TravelGrp/TotalAmt06199
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0312 SWEET CHERRY COURT
IRS990/USAddress/CityNm0HOLLIDAYSBURG
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd016648
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.BEATINGTHEODDS.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-01-14 16:20:31Z

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.12$0.07$0.26$0.19$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.17$0.14$0.16$0.20$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.22$0.09$0.13$0.21$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.27$0.01$0.11$0.25$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.26$0.12$0.67$0.42$0.26
2018Detailed filing. Detailed filing data is available for this year.$0.16$0.29$0.13$0.57$0.34$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.42$0.36$0.24$0.19$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.44$0.42$0.22$0.21$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.03$0.46$0.43$0.21$0.17$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.01$0.48$0.47$0.12$0.12$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.01$0.49$0.47$0.15$0.15$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$1.13$1.10$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$1.06$1.03$0.27