Bbr Schools Inc
- Assets
- $20.2m
- Revenue
- $9.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 12/2017
- Data as of
- 06/2021
- EIN
- 82-0632126
Organization Overview
Bbr Schools Inc is located in Baton Rouge, LA. The organization was established in 2017. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, 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. Bbr Schools 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 06/2021, Bbr Schools Inc generated $9.7m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $7.7m during the year ending 06/2021. While expenses have increased by 11.0% per year over the past 3 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF BBR SCHOOLS IS TO EMPOWER STUDENTS TO ACHIEVE AT GLOBALLY COMPETITIVE LEVELS WITH A TRANSFORMATIVE K-12 ACADEMIC PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE 2020/2021 SCHOOL YEAR, BASIS BATON ROUGE ADDED AN ADDITIONAL GRADE LEVEL AND IS CURRENTLY SERVING A DIVERSE STUDENT POPULATION OF KINDERGARTEN THROUGH 6TH GRADERS. THE ADDITIONAL GRADE LEVEL INCREASED THE NUMBER OF LOUISIANA STUDENTS RECEIVING THE BASIS' NATIONALLY ACCLAIMED EDUCATION MODEL FROM 528 TO 693 STUDENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deanna Rowe Executive Di | Officer | 7 | $33,500 |
Craig Barrett Chairman Of | OfficerTrustee | 2 | $0 |
Liz Smith Secretary Of | OfficerTrustee | 1 | $0 |
Monique Scott Spaulding Treasurer Of | OfficerTrustee | 1 | $0 |
Kia Bickham Board Member | Trustee | 1 | $0 |
Donald Carson Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Basis Educational Group Leased Employee | 6/29/21 | $3,690,329 |
Basis Educational Group Mgmt/developmnt | 6/29/21 | $1,191,939 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $133,694 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,424,189 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,557,883 |
| Total Program Service Revenue | $8,160,677 |
| Investment income | $0 |
| 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 | $9,718,560 |
| 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. | $33,500 |
| Compensation of current officers, directors, key employees. | $33,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,036,675 |
| Pension plan accruals and contributions | $89,295 |
| Other employee benefits | $327,045 |
| Payroll taxes | $242,833 |
| Fees for services: Management | $1,191,939 |
| Fees for services: Legal | $23,228 |
| Fees for services: Accounting | $12,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $148,295 |
| Advertising and promotion | $187,724 |
| Office expenses | $41,021 |
| Information technology | $38,891 |
| Royalties | $0 |
| Occupancy | $220,977 |
| Travel | $19,548 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,197,128 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $587,468 |
| Insurance | $95,243 |
| All other expenses | $9,659 |
| Total functional expenses | $7,730,783 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,465,799 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $716,268 |
| Accounts receivable, net | $41,421 |
| 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 | $49,065 |
| Net Land, buildings, and equipment | $153,264 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,766,889 |
| Total assets | $20,192,706 |
| Accounts payable and accrued expenses | $501,713 |
| Grants payable | $0 |
| Deferred revenue | $8,947 |
| 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 | $16,693,978 |
| Total liabilities | $17,204,638 |
| Net assets without donor restrictions | $2,752,498 |
| Net assets with donor restrictions | $235,570 |
| 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 | $20,192,706 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bbr Schools Inc has recieved totaling $0.
| Awarding Organization | Amount |
|---|---|
New Schools For Baton Rouge Baton Rouge, LA PURPOSE: YEAR 1 LAUNCH SUPPORT FOR SCHOOL STARTUP AND FACILITY EXPENSES | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lighthouse Academies Of Arkansas Inc North Little Rock, AR | $582,799 | $18,301,867 |
New Beginnings School Foundation New Orleans, LA | $1,802,768 | $18,016,749 |
Hynes Charter School Corporation New Orleans, LA | $8,219,375 | $19,932,415 |
Legacy21 Inc Mesquite, TX | $40,270,776 | $19,212,915 |
International Academy Williamson County Round Rock, TX | $33,542,303 | $17,313,740 |
South Louisiana Charter Foundation Inc Baton Rouge, LA | $21,098,630 | $17,110,169 |
Morris Jeff Community School New Orleans, LA | $5,535,424 | $16,539,603 |
Young Audiences Charter Association Gretna, LA | $6,537,878 | $17,122,666 |
New Orleans Military And Maritime Academy Inc New Orleans, LA | $24,580,982 | $15,429,354 |
Shreveport Charter Schools Inc Shreveport, LA | $6,808,149 | $15,366,489 |
Warren Easton Sr High School Foundation Inc New Orleans, LA | $11,574,185 | $12,571,642 |
The Friends Of King School New Orleans, LA | $5,901,929 | $9,680,665 |