Civic Intelligence

Omega Beta Foundation

EIN 46-4642839 • 501(c)3 • Hillsborough, CA

Profile

Omega beta foundation was formed for the purpose of raising capital for the purchase of educational equipment and the construction and renovation of areas exclusively used for education.

1815 Willow RdHillsborough, CA 91010

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.00x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

62nd percentile

0.00x

Higher debt load relative to revenue than 62% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

Up

$54,743

Up $10,507 (+24%) from 2015

Liabilities

Flat

$45

Flat from 2015

Net Assets

Up

$54,698

Up $10,507 (+24%) from 2015

Revenue

Down

$11,505

Down $32,731 (-74%) from 2015

Expenses

Up

$998

Up $953 (+2118%) from 2015

Net Income

Down

$10,507

Down $33,684 (-76%) from 2015

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2015: $44,236Liabilities 2015: $45Net Assets 2015: $44,1912015Assets 2016: $54,743Liabilities 2016: $45Net Assets 2016: $54,6982016

Highlighted filing

2016

Assets$54,743
Liabilities$45
Net Assets$54,698

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0Revenue 2015: $44,236Expenses 2015: $45Net Income 2015: $44,1912015Revenue 2016: $11,505Expenses 2016: $998Net Income 2016: $10,5072016

Highlighted filing

2016

Revenue$11,505
Expenses$998
Net Income$10,507

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 9, 2017
Return Version
2016v3.0
Gross Receipts
$11,505
Mission and Program Overview

Mission

Omega beta foundation was formed for the purpose of raising capital for the purchase of educational equipment and the construction and renovation of areas exclusively used for education.

Program Services

DescriptionGrantsExpenses
OMEGA BETA FOUNDATION HAS TAKEN THE FIRST STEPS IN RAISING CAPITAL FUNDS TOWARD THE CONSTRUCTION AND RENOVATION OF EXCLUSIVELY EDUCATIONAL AREAS$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFF BETTERCEO-$0--
WILLIAM DOUGHERTYSecretary-$0--
PETER T LYONCFO-$0--
RICHARD WOODWARDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Omega Beta Foundation
EIN
46-4642839
Phone
6503774101
Address
1815 WILLOW RD, HILLSBOROUGH, CA 91010

Signing Officer

Name
Jeff Better
Title
President
Phone
6503774101
Signed
2017-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Ghirardo CPA
Address
7200 REDWOOD BLVD SUITE 403, NOVATO, CA 94945
Preparer
Sande Mcgarry
Phone
4158975678
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: interest. Amount: 5.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: filing fees. Amount: 25. Description: accounting fees. Amount: 973. Total to form 990-ez, line 16: 998.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: due to officer. Beg. Of year amount: 45. End of year amount: 45.

Raw XML Appendix159 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.

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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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