St Bernard Project Inc
- Assets
- $36.3m
- Revenue
- $37.7m
- Investments
- $1.6m
- Employees
- 307
- Location
- New Orleans, LA
- Founding
- 05/2008
- Data as of
- 12/2021
- EIN
- 26-2189665
Organization Overview
St Bernard Project Inc, operating under the name Sbp Inc, is located in New Orleans, LA. The organization was established in 2008. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 12/2021, Sbp Inc employed 307 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sbp Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Sbp Inc generated $37.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $32.5m during the year ending 12/2021. While expenses have increased by 12.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sbp Inc has awarded 58 individual grants totaling $8,776,955. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SHRINKING TIME BETWEEN DISASTER AND RECOVERY BY CREATING HOUSING OPPORTUNITIES SO THAT DISASTER SURVIVORS CAN RETURN TO THEIR HOMES AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REBUILDING PROGRAM - REBUILD HOMES FOR SENIOR CITIZENS, PEOPLE WITH DISABILITIES AND FAMILIES WITH CHILDREN WHO CANNOT AFFORD TO HAVE THEIR HOMES REBUILT BY CONTRACTORS. THE ORGANIZATION HAS CURRENTLY REBUILT APPROXIMATELY 476 HOMES.
OPPORTUNITY HOUSING - CREATE AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES FOR RESIDENTS TARGETED BETWEEN 50% AND 80%, BUT UP TO 120%, OF ANNUAL MEDIAN INCOME, WHILE REHABILITATING BLIGHTED PROPERTIES AND STRENGTHENING NEIGHBORHOODS.
DISASTER RECOVERY LAB - ENSURE THAT DISASTER-IMPACTED CITIZENS AND COMMUNITIES RECOVER IN A PROMPT, EFFICIENT AND PREDICTABLE MANNER. THROUGH DISASTER RECOVERY LAB, ST. BERNARD PROJECT WORKS TO SHARE LESSONS LEARNED, PREVENT COMMON BARRIERS TO RECOVERY AND HELP COMMUNITIES UTILIZE ST. BERNARD PROJECT'S STANDARDIZED, REPEATABLE AND PROVEN-EFFECTIVE MODEL FOR RECOVERY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zack Rosenburg Chief Executive Officer | OfficerTrustee | 40 | $339,027 |
Keith Mcculloch Chief Financial Officer | Officer | 40 | $212,845 |
Reese May Chief Strategy And Innovat | 40 | $190,887 | |
Elizabeth Mccartney Chief Operating Officer | 40 | $172,683 | |
Elizabeth Egle Chief Development Officer | 40 | $162,363 | |
Thomas Corley Chief Recovery Officer | 40 | $144,516 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wla Connections Llc Construction | 12/30/21 | $1,410,530 |
G6 Development Company Construction | 12/30/21 | $833,149 |
The Breckenridge Construction Group Construction | 12/30/21 | $1,004,584 |
Ronnie Golden Construction | 12/30/21 | $778,268 |
Corinthian Builders Group Llc Construction | 12/30/21 | $607,052 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,104,482 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,179,320 |
| Noncash contributions included in lines 1a–1f | $887,799 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,283,802 |
| Total Program Service Revenue | $1,552,317 |
| Investment income | $253,897 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $211,225 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $37,669,570 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,593,867 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $25,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,604,311 |
| Compensation of current officers, directors, key employees. | $181,573 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,758,686 |
| Pension plan accruals and contributions | $84,632 |
| Other employee benefits | $0 |
| Payroll taxes | $540,134 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,430,969 |
| Advertising and promotion | $36,633 |
| Office expenses | $111,350 |
| Information technology | $105,925 |
| Royalties | $0 |
| Occupancy | $699,174 |
| Travel | $618,647 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,840 |
| Interest | $83,203 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $92,991 |
| Insurance | $1,706,619 |
| All other expenses | $295,878 |
| Total functional expenses | $32,539,634 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,200,206 |
| Savings and temporary cash investments | $1,563,552 |
| Pledges and grants receivable | $3,747,751 |
| Accounts receivable, net | $3,097,152 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,873,319 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $247,676 |
| Net Land, buildings, and equipment | $1,026,997 |
| Investments—publicly traded securities | $7,091,500 |
| Investments—other securities | $1,633,392 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,808,399 |
| Total assets | $36,289,944 |
| Accounts payable and accrued expenses | $1,186,474 |
| Grants payable | $0 |
| Deferred revenue | $800,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,522,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $182,951 |
| Total liabilities | $3,691,425 |
| Net assets without donor restrictions | $26,597,811 |
| Net assets with donor restrictions | $6,000,708 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $36,289,944 |
Grants Awarded
Over the last fiscal year, St Bernard Project Inc has awarded $2,495,872 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
Americus, GA PURPOSE: HOME REPAIR/BUILDING FOR THE ECONOMICALLY DISADVANTAGED | $590,000 |
Cypress, TX PURPOSE: HOME REPAIR/BUILDING FOR THE ECONOMICALLY DISADVANTAGED | $461,750 |
Houston, TX PURPOSE: HOME REPAIR/BUILDING FOR THE ECONOMICALLY DISADVANTAGEDHOME | $292,682 |
Bandera, TX PURPOSE: HOME REPAIR/BUILDING FOR THE ECONOMICALLY DISADVANTAGED | $189,000 |
Mattapoisett, MA PURPOSE: HOME REPAIR/BUILDING FOR THE ECONOMICALLY DISADVANTAGED | $150,000 |
Marianna, FL PURPOSE: HOME REPAIR/BUILDING FOR THE ECONOMICALLY DISADVANTAGED | $150,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that St Bernard Project Inc has recieved totaling $1,074.
| Awarding Organization | Amount |
|---|---|
Gitlitz Family Foundation Ocean Ridge, FL PURPOSE: CHARITABLE | $1,074 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Soldiers Angels San Antonio, TX | $6,150,369 | $35,149,101 |
St Bernard Project Inc New Orleans, LA | $36,289,944 | $37,669,570 |
Blue Cross And Blue Shield Of Louisiana Foundation Baton Rouge, LA | $38,803,366 | $3,754,107 |
Keller Williams Realty Cares Austin, TX | $19,707,329 | $6,197,000 |
Austin Disaster Relief Network Austin, TX | $6,149,250 | $10,124,383 |
Renaissance Community Loan Fund Inc Gulfport, MS | $50,426,367 | $5,045,088 |
Disaster Services Corporation - Society Of St Vincent De Paul Usa Irving, TX | $1,679,476 | $4,397,385 |
Texas Pharmacy Association Austin, TX | $4,115,676 | $2,489,721 |
Center For Planning Excellence Inc Baton Rouge, LA | $2,415,217 | $2,315,226 |
Resilience Force New Orleans, LA | $1,824,285 | $3,073,009 |
Pro Bono Publico Foundation New Orleans, LA | $1,527,473 | $1,031,485 |
Plaquemines Community Care Centers Foundation Inc Belle Chasse, LA | $2,311,370 | $1,731,161 |