Civic Intelligence

Fat Beet Foundation Inc.

990EZ • Fiscal year 2021 • EIN 85-1600566

Jan 01, 2021 to Dec 31, 2021 • Filed on May 19, 2022

13830 W Hillsborough AvenueTampa, FL 33635

(813) 240-5251

Siviq Scores

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

Liabilities / Assets

97th percentile

1.96x

Higher debt load relative to assets than 97% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

91st percentile

0.52x

Higher debt load relative to revenue than 91% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

17th percentile

-25%

Higher net margin than 17% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

85th percentile

$20,004

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 74.2% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

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

Source year 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Assets

$7,133

No earlier filing loaded for comparison.

Net Assets

-$6,824

No earlier filing loaded for comparison.

Liabilities

$13,957

No earlier filing loaded for comparison.

Revenue

$26,972

No earlier filing loaded for comparison.

Expenses

$33,796

No earlier filing loaded for comparison.

Net Income

-$6,824

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$40K$20K$0-$20KAssets 2021: $7,133Liabilities 2021: $13,957Net Assets 2021: -$6,8242021Assets 2022: $6,248Liabilities 2022: $22,525Net Assets 2022: -$16,2772022Assets 2024: $14,550Liabilities 2024: $27,531Net Assets 2024: -$12,9812024

Highlighted filing

2021

Assets$7,133
Liabilities$13,957
Net Assets-$6,824

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2021: $26,972Expenses 2021: $33,796Net Income 2021: -$6,8242021Revenue 2022: $69,424Expenses 2022: $78,877Net Income 2022: -$9,4532022Revenue 2024: $115,200Expenses 2024: $137,794Net Income 2024: -$22,5942024

Highlighted filing

2021

Revenue$26,972
Expenses$33,796
Net Income-$6,824
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 19, 2022
Return Version
2021v4.0
Gross Receipts
$26,972
Mission and Program Overview

Mission

Fat beet foundation main mission is to education and wellness to the general population. To instuction people how to eat, raise food, and exercise their minds and bodies properly

Program Services

DescriptionGrantsExpenses
PROGRAM INCOME CONSISTED OF EXERCISE CLASSES, YOGA CLASSES AND VARIOUS FARM RELATED ACTIVITES TO EDUCATE CORRECT FARMING TECHNIQUES.-$25,418
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSEPHINE CURCIDirectorPT$20,004-$20,004
TIM CURCIDirector-$0--
JEN CURCIDirectorPT$0--
JEFF STROUSEDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Fat Beet Foundation Inc
EIN
85-1600566
Phone
8132405251
Address
13830 W HILLSBOROUGH AVENUE, TAMPA, FL 33635

Signing Officer

Name
Jeff Strouse
Title
Director
Phone
8132405251
Signed
2022-05-19
Discuss with paid preparer
Yes

Preparer

Firm
Lanese & Associates Inc
Address
823 CYPRESS VILLAGE BLVD, SUN CITY CENTER, FL 33573
Preparer
Nicholas Lanese CPA
Phone
8136349296
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office 2,873 insurance 6,380 equipment rental & mainte 77 total 9,330

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 89 due to fat beet farm 0 12,858 due to fat beet market place 0 255 gift cards payable 0 192 sales tax payable 0 563

Form 990-ez, Part III

Fat beet foundation main mission is to education and wellness to the general population. To instuction people how to eat, raise food, and exercise their minds and bodies properly

Raw XML Appendix131 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 2,873 INSURANCE 6,380 EQUIPMENT RENTAL & MAINTE 77 TOTAL 9,330
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 89 DUE TO FAT BEET FARM 0 12,858 DUE TO FAT BEET MARKET PLACE 0 255 GIFT CARDS PAYABLE 0 192 SALES TAX PAYABLE 0 563
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FAT BEET FOUNDATION MAIN MISSION IS TO EDUCATION AND WELLNESS TO THE GENERAL POPULATION. TO INSTUCTION PEOPLE HOW TO EAT, RAISE FOOD, AND EXERCISE THEIR MINDS AND BODIES PROPERLY
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings