New Schools For Baton Rouge
- Assets
- $26.9m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 21
- Location
- Baton Rouge, LA
- Founding
- 02/2012
- Data as of
- 09/2023
- EIN
- 45-3843085
Organization Overview
New Schools For Baton Rouge is located in Baton Rouge, LA. The organization was established in 2012. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 09/2023, New Schools For Baton Rouge employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Schools For Baton Rouge 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 09/2023, New Schools For Baton Rouge generated $7.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $16.3m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, New Schools For Baton Rouge has awarded 149 individual grants totaling $49,389,952. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
NEW SCHOOLS FOR BATON ROUGE'S MISSION IS TO TRANSFORM SCHOOLS CITYWIDE TO ENSURE THERE IS AN EXCELLENT SCHOOL FOR EVERY CHILD IN OUR CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING FUND - GENERAL PROGRAM SERVICESTO CREATE EXCELLENT SCHOOLS FOR BATON ROUGE STUDENTS, NEW SCHOOLS FOR BATON ROUGE WILL:1) ATTRACT HIGH-PERFORMING SCHOOLS WITH STRONG TRACK RECORDS OF SUCCESS TO LAUNCH IN BATON ROUGE.2) EXPAND ORGANIZATIONS THAT PRODUCE THE EXCEPTIONAL TEACHERS AND PRINCIPALS REQUIRED TO FUEL TRANSFORMATIONAL CHANGE.3) SUPPORT AN ECOSYSTEM OF REFORM-ORIENTED ORGANIZATIONS NEEDED FOR SCHOOLS TO SUCCEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tatiana Patel Board Member | Trustee | 2 | $0 |
Jody Montelaro Board Member | Trustee | 2 | $0 |
Brandon Kelly Board Member | Trustee | 2 | $0 |
David Beach Board Member | Trustee | 2 | $0 |
Stephanie Cargile Board Member | Trustee | 2 | $0 |
Michael Victorian Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Attuned Education Partners Llc Educational Contractor | 9/29/22 | $579,000 |
Masnola Llc Educational Contractor | 9/29/22 | $129,210 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,988,076 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,988,076 |
| Total Program Service Revenue | $0 |
| Investment income | $669,752 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,657,828 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,408,232 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $280,434 |
| Compensation of current officers, directors, key employees. | $84,019 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,247,513 |
| Pension plan accruals and contributions | $98,790 |
| Other employee benefits | $68,522 |
| Payroll taxes | $95,472 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,617 |
| Fees for services: Accounting | $86,760 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,611,652 |
| Advertising and promotion | $137,789 |
| Office expenses | $158,657 |
| Information technology | $632 |
| Royalties | $0 |
| Occupancy | $40,274 |
| Travel | $55,633 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $82,833 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,686 |
| Insurance | $19,200 |
| All other expenses | $809,869 |
| Total functional expenses | $16,250,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,236,841 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,200,021 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $303,384 |
| Net Land, buildings, and equipment | $35,996 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $130,111 |
| Total assets | $26,906,353 |
| Accounts payable and accrued expenses | $388,291 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $97,569 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $485,860 |
| Net assets without donor restrictions | $5,591,537 |
| Net assets with donor restrictions | $20,828,956 |
| 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 | $26,906,353 |
Grants Awarded
Over the last fiscal year, New Schools For Baton Rouge has awarded $10,313,224 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
ACADEMY OF COLLABORATIVE EDUCATION PURPOSE: COMMUNITY BUILDING GRANTS | $60,000 |
DISCOVERY SCHOOLS PURPOSE: LAUNCH GRANT FOR DISCOVERY SCHOOLS | $780,000 |
BATON ROUGE YOUTH COALITION PURPOSE: COMMUNITY BUILDING GRANTS | $10,000 |
GEO ACADEMIES OF EBR PURPOSE: EXPAND GEO PREP TO K-8 PROGRAM AND LAUNCH NEXT GEN HIGH SCHOOL | $400,000 |
GREAT HEARTS LOUISIANA INC PURPOSE: SUPPORT CHARTER SCHOOL EDUCATION | $1,400,000 |
HELIX COMMUNITY SCHOOLS PURPOSE: YEAR 0 LAUNCH SUPPORT FOR ADMINISTRATIVE SALARIES | $478,000 |