Beating The Odds Development Corporation in Greenville, Mississippi (MS)

Beating The Odds Development Corporation
Employer Identification Number (EIN)	640798839
Name of Organization	Beating The Odds Development Corporation
Address	150 N Harvey St Ste 201, Greenville, MS 38701-3769
Activities	Other youth organization or activities
Subsection	Charitable Organization
Ruling Date	06/1992
Deductibility	Contributions are deductible
Foundation	Private non-operating foundation
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$10,000 to $24,999
Income	$25,000 to $99,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$11,443
Amount of Income	$30,216
Form 990 Revenue Amount	$50,377

Non-representatives - add comments:

Financial snapshot ($)

Assets at the end of 2013

Expenses for 2013

	Revenue and expenses per books	Net investment income	Adjusted net income	Disbursements for charitable purposes (cash basis only)
Analysis of Revenue and Expenses (for 2013)
Total revenue	$30,216	$0	$0
Contributions, gifts, grants, etc., received	$30,216
Interest on savings and temporary cash investments	$0
Dividends and interest from securities	$0
Gross rents	$0
Gross sales price for all assets	$0
Gross profit from sales of goods	$0
Other income	$0
Total expenses and disbursements	$26,939	$0	$0	$26,939
Compensation of officers, directors, trustees, etc.	$11,275
Pension plans, employee benefits	$0
Legal fees	$0
Accounting fees	$0
Interest	$0
Depreciation	$0
Occupancy	$0
Travel, conferences, and meetings	$0
Printing and publications	$0
Total operating and administrative expenses	$26,939	$0		$26,939
Contributions, gifts, grants paid	$0
Excess of revenue over expenses and disbursements	$3,277
Net investment income		$0
Adjusted net income			$0

	2009		2010		2011		2012		2013
Balance Sheets
	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value
Total assets	$5,447	$5,447	$7,853	$7,853	$13,487	$13,487	$8,166	$8,166	$11,443	$426
Cash - non-interest-bearing	$5,021		$7,427		$13,061		$7,740		$11,017
Investments-U.S. and state government obligations	$0		$0		$0		$0		$0
Investments-corporate stock	$0		$0		$0		$0		$0
Investments-corporate bonds	$0		$0		$0		$0		$0
Investments-mortgage loans	$0		$0		$0		$0		$0
Investments-other	$0		$0		$0		$0		$0
Other assets	$0						$0		$0
Total liabilities	$0		$0		$0		$0		$0
Total liabilities and net assets/fund balances	$5,447		$7,853		$13,487		$8,166		$11,443

	2009	2010	2011	2012	2013
Capital Gains and Losses for Tax on Investment Income
Capital gain net income	$0	$0	$0	$0	$0
Net capital loss	$0	$0	$0	$0	$0

	2009	2010	2011	2012	2013
Excise Tax Based on Investment Income
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)	No	No	No	No	No
Tax based on investment income	$0	$0	$0	$0	$0
Total credits and payments	$0	$0	$0	$0	$0
Any penalty for underpayment of estimated tax	$0	$0	$0	$0	$0
Tax due	$0			$0	$0
Overpayment	$0			$0	$0
Amount to be credited to next year's estimated tax	$0	$0	$0	$0	$0

	2009	2010	2011	2012	2013
Statements Regarding Activities
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?	No	No	No	No	No
Has the foundation engaged in any activities that have not previously been reported to the IRS?	No			No	No
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?	No			No	No
Has the foundation filed a tax return on Form 990-T for this year?	No			No	No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?	No	No	No	No	No
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?	Yes			Yes	Yes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?	No	No	No	No	No
Did any persons become substantial contributors during the tax year?	No			No	No
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?	No			No	No
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?	Yes			Yes	Yes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041	No			No	No

	2009	2010	2011	2012	2013
Statements Regarding Activities for Which Form 4720 May Be Required
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?	No	No	No	No	No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?	No	No	No	No	No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?	No	No	No	No	No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?	No	No	No	No	No
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?	No	No	No	No	No
Agree to pay money or property to a government official?	No	No	No	No	No
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?	No			No	No
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?	No			No	No
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?	No	No	No	No	No
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?	No			No	No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?	No	No	No	No	No
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?	No	No	No	No	No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?	No	No	No	No	No
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?	No			No	No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?	No	No	No	No	No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?	No	No	No	No	No
Provide a grant to an individual for travel, study, or other similar purposes?	No	No	No	No	No
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?	No	No	No	No	No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?	No	No	No	No	No
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?	No			No	No
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?	No			No	No
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?	No			No	No

	2009	2010	2011	2012	2013
Minimum Investment Return
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes	$0	$0	$0	$0	$0
Net value of noncharitable-use assets	$0			$0	$0
Minimum investment return	$0	$0	$0	$0	$0

	2009	2010	2011	2012	2013
Distributable Amount
Distributable amount	$0	$0	$0	$0	$0

	2009	2010	2011	2012	2013
Undistributed Income
Distributable amount for this year	$0	$0	$0	$0	$0
Undistributed income for this year. This amount must be distributed in the next year	$0	$0	$0	$0	$0

	2013	2012	2011	2010	Total
Private Operating Foundations (for 2010 - 2013)
The lesser of the adjusted net income or the minimum investment return	$0	$0	$0	$0	$0
Qualifying distributions made directly for active conduct of exempt activities	$0	$0	$0	$0	$0
Value of all assets	$0	$0	$0	$0	$0
Value of assets qualifying under section 4942(j)(3)(B)(i)	$0	$0	$0	$0	$0
2/3 of minimum investment return	$0	$0	$0	$0	$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)	$0	$0	$0	$0	$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)	$0	$0	$0	$0	$0
Gross investment income	$0	$0	$0	$0	$0

Supplementary Information (for 2013)
Grants approved for future payment	$0

	Amount	Related or exempt function income
Analysis of Income-Producing Activities (for 2013)
Program service revenue
Fees and contracts from government agencies	$0	$0
Membership dues and assessments	$0	$0
Interest on savings and temporary cash investments	$0	$0
Dividends and interest from securities	$0	$0

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
Cash	No
Other assets	No
Other transactions:
Sales of assets to a noncharitable exempt organization	No
Purchases of assets from a noncharitable exempt organization	No
Rental of facilities, equipment, or other assets	No
Reimbursement arrangements	No
Loans or loan guarantees	No
Performance of services or membership or fundraising solicitations	No
Sharing of facilities, equipment, mailing lists, other assets, or paid employees	No

Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review

Would you recommend Beating The Odds Development Corporation to others? (optional)

Yes

Add photo of Beating The Odds Development Corporation (optional)

About You

Your nickname:
I have read, and agree to the Terms of Service

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

	Log in» \| Register - it's free and very quick!
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
	Show my IP address (3.145.9.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
Phillips Foundation in Columbus, MS
Friends Of Terry in Terry, MS
Wellspring Ministries International in Quitman, MS
Most Worshipful Stringer Free And Accepted Masons, Powell Chapel Lodge 339 in Jackson, MS
Golden Triangle Outdoors in Columbus, MS
North Mississippi Baptist Educational Convention Inc in Hernando, MS
Crusaders For Veterans Inc in Biloxi, MS
The Mustard Seed Inc in Brandon, MS
Oak Hill Water Association Inc in Pontotoc, MS
Water Association Of Moon Lake Inc in Clarksdale, MS

Recently Added Reviews

Phillips Foundation in Columbus, MS

Friends Of Terry in Terry, MS

Wellspring Ministries International in Quitman, MS

Most Worshipful Stringer Free And Accepted Masons, Powell Chapel Lodge 339 in Jackson, MS

Golden Triangle Outdoors in Columbus, MS

North Mississippi Baptist Educational Convention Inc in Hernando, MS

Crusaders For Veterans Inc in Biloxi, MS

The Mustard Seed Inc in Brandon, MS

Oak Hill Water Association Inc in Pontotoc, MS

Water Association Of Moon Lake Inc in Clarksdale, MS

Id	Name	Address	State	Established	Total Income
Other organizations in Mississippi
1	Bay Springs Recreation Association Inc	PO BOX 613, Bay Springs, MS 39422-0613	MS	1991-09	$172,005
2	Bay Waveland Yacht Club Inc	PO BOX 3715, Bay St Louis, MS 39521-3715	MS	1984-03	$1,035,837
3	Bayou Bend Golf & Country Club Inc	PO BOX 1000, Clarksdale, MS 38614-1000	MS	1990-02	$82,826
4	Bbb Foundsation	PO BOX 8670, Columbus, MS 39705-0012	MS	2006-04	$1,502,461
5	Beacon Center	3425 Robinson St, Jackson, MS 39209-6732	MS	2000-07	$655,200
6	Beacon Harbor Inc	PO BOX 1505, Greenwood, MS 38935-1505	MS	1981-10	$389,645
7	Beacon Harbor It Inc	PO BOX 1505, Greenwood, MS 38935-1505	MS	1985-01	$253,234
8	Beacroft Foundation Inc	PO BOX 814, Woodville, MS 39669-0814	MS	1998-06	$1
9	Bear Creek Water Association Inc	PO BOX 107, Canton, MS 39046-0107	MS	1992-01	$7,633,625
10	Beat Iii Greene County Water Association	39560 Highway 63 N, Richton, MS 39476-2605	MS	2002-10	$612,008
11	Beating The Odds Development Corporation	150 N Harvey St Ste 201, Greenville, MS 38701-3769	MS	1992-06	$30,216
12	Bedford Foundation	PO BOX 1967, Madison, MS 39130-1967	MS	2004-05	$15,342
13	Behavioral Health Foundation Of Central Mississippi Inc	3444 Wisconsin Ave, Vicksburg, MS 39180-5331	MS	1996-03	$746,020
14	Belhaven College Foundation	1500 Peachtree St, Jackson, MS 39202-1754	MS	1998-02	$244,692
15	Belmont Area Parks And Recreation Inc	22 Shady Cove Extended, Belmont, MS 38827	MS	2006-05	$97,970
16	Belmont Housing Corp	20 Citizens St Apt 1, Belmont, MS 38827-7783	MS	2014-06	$0
17	Belmont Water Association Inc	PO BOX 156, Hernando, MS 38632-0156	MS	1990-11	$268,403
18	Belzoni Humphreys County Developmen T Foundation Inc	PO BOX 145, Belzoni, MS 39038-0145	MS	1988-01	$98,413
19	Benevolent & Protective Order Of Elks Of The Usa, 1120 Pascagoula	PO BOX 662, Pascagoula, MS 39568-0662	MS	1951-10	$296,014
20	Benevolent & Protective Order Of Elks Of The Usa, 148 Greenville	PO BOX 404, Greenville, MS 38702-0404	MS	1951-10	$130,113

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Beating The Odds Development Corporation and has no official or unofficial affiliation with Beating The Odds Development Corporation