Foundation For East Baton Rouge School System
- Assets
- $665.6k
- Revenue
- $338.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 01/2013
- Data as of
- 06/2021
- EIN
- 46-1149306
Organization Overview
Foundation For East Baton Rouge School System is located in Baton Rouge, LA. The organization was established in 2013. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For East Baton Rouge School System 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 06/2021, Foundation For East Baton Rouge School System generated $338.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $308.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (9.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE FOUNDATION FOR EAST BATON ROUGE SCHOOL SYSTEM IS TO SUSTAIN FINANCIAL SUPPORT TO PUBLIC SCHOOLS WITHIN THE EBRP SCHOOL SYSTEM. WE FOCUS ON SCIENCE, TECHNOLOGY, ENGINEERING, ARTS & MATH INITIATIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION INVESTS IN PROGRAMS AND ACTIVITIES THAT ENCOURAGE INTEGRATED APPROACHES TO LEARNING THAT GUIDE STUDENTS TO BECOME CRITICAL THINKERS, PROBLEM SOLVERS, AND EXEMPLARY CITIZENS. THE FOUNDATION SEEKS MEASURABLE GAINS IN THREE CRITICAL AREAS: STUDENT ACHIEVEMENT; COMMUNITY INVOLVEMENT; AND THE SUPPORT OF INNOVATIVE AND EFFECTIVE TEACHING.
THE FOUNDATION INVESTS IN PROGRAMS AND ACTIVITIES THAT ENCOURAGE INTEGRATED APPROACHES TO LEARNING THAT GUIDE STUDENTS TO BECOME CRITICAL THINKERS, PROBLEM SOLVERS, AND EXEMPLARY CITIZENS. THE FOUNDATION SEEKS MEASURABLE GAINS IN THREE CRITICAL AREAS: STUDENT ACHIEVEMENT; COMMUNITY INVOLVEMENT; AND THE SUPPORT OF INNOVATIVE AND EFFECTIVE TEACHING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Padma Vatsavai Vice President | OfficerTrustee | 4 | $0 |
Beth O'quinn President | OfficerTrustee | 4 | $0 |
Robyn Merrick Secretary | OfficerTrustee | 4 | $0 |
Jonathan Percle Treasurer | OfficerTrustee | 4 | $0 |
Kathleen Sarsfield Exec Director | Trustee | 40 | $0 |
Tim Barfield Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $107,217 |
| All other contributions, gifts, grants, and similar amounts not included above | $112,477 |
| Noncash contributions included in lines 1a–1f | $107,217 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $219,694 |
| Total Program Service Revenue | $0 |
| Investment income | $112,681 |
| 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 | $337,997 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $92,423 |
| Compensation of current officers, directors, key employees. | $4,621 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $18,487 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,976 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,207 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $273 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $308,204 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,185 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $592 |
| Net Land, buildings, and equipment | $1,273 |
| Investments—publicly traded securities | $613,533 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $665,583 |
| Accounts payable and accrued expenses | $887 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $40,706 |
| Total liabilities | $41,593 |
| Net assets without donor restrictions | $415,641 |
| Net assets with donor restrictions | $208,349 |
| 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 | $665,583 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Foundation For East Baton Rouge School System has recieved totaling $104,735.
| Awarding Organization | Amount |
|---|---|
Academic Distinction Fund Baton Rouge, LA PURPOSE: PROFESSIONAL EDUCATIONAL DEVELOPMENT | $79,911 |
Baton Rouge Area Foundation Baton Rouge, LA PURPOSE: GENERAL SUPPORT, SUPPORT OF EVOLVING COMMUNITY NEED, CHRISTMAS TOY DRIVE | $23,000 |
Shell Oil Company Foundation Houston, TX PURPOSE: MEF | $1,800 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Arkansas Foundation Inc Fayetteville, AR | $2,089,992,333 | $297,590,096 |
University Of Mississippi Foundation Oxford, MS | $716,526,476 | $64,727,887 |
Texas A & M Research Foundation College Station, TX | $17,651,760 | $64,742,890 |
Tiger Athletic Foundation Baton Rouge, LA | $492,455,521 | $67,955,012 |
Vanguard Academy Pharr, TX | $58,411,993 | $65,696,988 |
Southwestern Medical Foundation Dallas, TX | $1,318,497,986 | $133,001,887 |
University Of Texas Foundation Austin, TX | $88,879,484 | $47,692,096 |
L S U Foundation Baton Rouge, LA | $804,249,383 | $72,730,367 |
Ole Miss Athletics Foundation Oxford, MS | $97,065,287 | $57,643,164 |
Southeastern Louisiana Area Health Education Center Natalbany, LA | $8,364,528 | $32,019,241 |
University Of Arkansas Fayetteville Campus Foundation Inc Fayetteville, AR | $748,157,500 | $15,686,060 |
Razorback Foundation Inc Fayetteville, AR | $72,537,377 | $26,130,749 |