Beat the Odds Inc
Nonprofit profile at a glance
- EIN
- 834627063
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-N 2021
- Location
- Dorchester, MA, USA
- Phone
- 6177776056
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities N.E.C.
Reported finances
- Revenue
- $572,527
- Expenses
- $648,839
- Assets
- $207,376
- Liabilities
- $5,640
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- CAMILA ROJAS PAGAN (CO-FOUNDER & CHIEF EXECUTIVE OFFICER/PRESIDENT)
Highest reported compensation
- GIOVANNI LOPEZ (CO-FOUNDER & CHIEF OPERATING OFFICER): $74,615 total reported compensation
- CAMILA ROJAS PAGAN (CO-FOUNDER & CHIEF EXECUTIVE OFFICER/PRESIDENT): $35,000 total reported compensation
- SANTIGIE BEN CAREW (DIRECTOR): $3,815 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide a safe space, where young people will have access to the creative tools necessary to inspire self-awareness and encourage mental health and healing from trauma through music and arts.
What it reported doing in 2024
Beat the odds is dedicated to serving under-resourced youth (ages 14-24) in boston's low-income communities through its creative youth development program.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 92
- Accountability: 52
- Sustainability: 20
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.5%; rating input score 84
- Program expense ratio: 74.2%; rating input score 74
- Fundraising efficiency: $5.64 raised per $1 spent on fundraising; rating input score 21; 21st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 50%; rating input score 50; 11th percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -13.3%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 0.32; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 59; 59th percentile among comparable filings
- Officer compensation ratio: 18.1%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: 90.2% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: 45.6% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 28.4% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 83.5% of revenue deployed · 74.2% of spending went to programs
- Governance: 4 of 8 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $481K in reported program spending
- Leadership: top reported pay $75K · 9 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Independent voting board scored 50/100.
- High — Financial Efficiency: Fundraising efficiency scored 21/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Sustainability: Operating margin scored 14/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- High — Sustainability: Officer compensation ratio scored 17/100.
- Review — Sustainability: Liabilities to assets ratio scored 59/100.