Civic Intelligence

The Credit Bureau of Baton Rouge Foundation

EIN 20-0665987 • 501(c)3 • Baton Rouge, LA

Profile

The Credit Bureau of Baton Rouge Foundation promotes a better understanding of the consumer credit system and personal money management so everyone can achieve greater success in life. We seek to create an economically competitive and thriving Louisiana where everyone has the opportunity to reach their full potential because they have the tools and skills to achieve their dreams. We support organizations and initiatives in Louisiana that promote self-sufficiency and family and community stability. We are champions for collaboration, innovation and creative solutions that address the challenges facing communities across our state.

100 North St Suite 900Baton Rouge, LA 70802

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

6th percentile

0.00x

Higher debt load relative to assets than 6% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

7th percentile

0.00x

Higher debt load relative to revenue than 7% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

6th percentile

-46%

Higher net margin than 6% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

24th percentile

$0

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

43rd percentile

3.2%

Faster asset growth than 43% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-31%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$24,032,524

Up $743,645 (+3.2%) from 2023

Liabilities

Down

$1,500

Down $6,100 (-80%) from 2023

Net Assets

Up

$24,031,024

Up $749,745 (+3.2%) from 2023

Revenue

Down

$1,182,998

Down $542,213 (-31%) from 2023

Expenses

Up

$1,727,068

Up $288,012 (+20%) from 2023

Net Income

Down

-$544,070

Down $830,225 (-290%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $20,739,031Liabilities 2011: $02011Assets 2012: $21,360,128Liabilities 2012: $0Net Assets 2012: $21,360,1282012Assets 2013: $22,243,828Liabilities 2013: $0Net Assets 2013: $22,243,8282013Assets 2014: $22,023,225Liabilities 2014: $0Net Assets 2014: $22,023,2252014Assets 2015: $20,433,479Liabilities 2015: $0Net Assets 2015: $20,433,4792015Assets 2016: $21,078,907Liabilities 2016: $0Net Assets 2016: $21,078,9072016Assets 2017: $22,814,603Liabilities 2017: $6,500Net Assets 2017: $22,808,1032017Assets 2018: $21,399,745Liabilities 2018: $6,500Net Assets 2018: $21,393,2452018Assets 2019: $23,238,865Liabilities 2019: $0Net Assets 2019: $23,238,8652019Assets 2020: $23,892,083Liabilities 2020: $0Net Assets 2020: $23,892,0832020Assets 2021: $26,265,049Liabilities 2021: $0Net Assets 2021: $26,265,0492021Assets 2022: $22,609,402Liabilities 2022: $0Net Assets 2022: $22,609,4022022Assets 2023: $23,288,879Liabilities 2023: $7,600Net Assets 2023: $23,281,2792023Assets 2024: $24,032,524Liabilities 2024: $1,500Net Assets 2024: $24,031,0242024

Highlighted filing

2024

Assets$24,032,524
Liabilities$1,500
Net Assets$24,031,024

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2011: $631,195Expenses 2011: $1,021,607Net Income 2011: -$390,4122011Revenue 2012: $573,408Expenses 2012: $1,393,676Net Income 2012: -$820,2682012Revenue 2013: $1,182,515Expenses 2013: $1,197,290Net Income 2013: -$14,7752013Revenue 2014: $1,088,882Expenses 2014: $1,393,679Net Income 2014: -$304,7972014Revenue 2015: $1,265,912Expenses 2015: $1,321,127Net Income 2015: -$55,2152015Revenue 2016: $800,305Expenses 2016: $557,283Net Income 2016: $243,0222016Revenue 2017: $1,100,268Expenses 2017: $903,570Net Income 2017: $196,6982017Revenue 2018: $1,438,610Expenses 2018: $1,182,119Net Income 2018: $256,4912018Revenue 2019: $771,596Expenses 2019: $1,265,667Net Income 2019: -$494,0712019Revenue 2020: $771,261Expenses 2020: $1,396,054Net Income 2020: -$624,7932020Revenue 2021: $1,414,019Expenses 2021: $1,863,162Net Income 2021: -$449,1432021Revenue 2022: $589,715Expenses 2022: $1,640,309Net Income 2022: -$1,050,5942022Revenue 2023: $1,725,211Expenses 2023: $1,439,056Net Income 2023: $286,1552023Revenue 2024: $1,182,998Expenses 2024: $1,727,068Net Income 2024: -$544,0702024

Highlighted filing

2024

Revenue$1,182,998
Expenses$1,727,068
Net Income-$544,070

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.0$0.00$24.0$1.18$1.73$0.54
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.3$0.01$23.3$1.73$1.44$0.29
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.6$0.00$22.6$0.59$1.64$1.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.3$0.00$26.3$1.41$1.86$0.45
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.9$0.00$23.9$0.77$1.40$0.62
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.2$0.00$23.2$0.77$1.27$0.49
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.4$0.01$21.4$1.44$1.18$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.8$0.01$22.8$1.10$0.90$0.20
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.1$0.00$21.1$0.80$0.56$0.24
2015Detailed filing. Detailed filing data is available for this year.$20.4$0.00$20.4$1.27$1.32$0.06
2014Detailed filing. Detailed filing data is available for this year.$22.0$0.00$22.0$1.09$1.39$0.30
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.2$0.00$22.2$1.18$1.20$0.01
2012Summary only. Only limited summary data is available for this year.$21.4$0.00$21.4$0.57$1.39$0.82
2011Summary only. Only limited summary data is available for this year.$20.7$0.00$0.63$1.02$0.39
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$2,389,868
Mission and Program Overview

Mission

The Credit Bureau of Baton Rouge Foundation promotes a better understanding of the consumer credit system and personal money management so everyone can achieve greater success in life. We seek to create an economically competitive and thriving Louisiana where everyone has the opportunity to reach their full potential because they have the tools and skills to achieve their dreams. We support organizations and initiatives in Louisiana that promote self-sufficiency and family and community stability. We are champions for collaboration, innovation and creative solutions that address the challenges facing communities across our state.

The credit bureau of baton rouge foundation promotes a better understanding of the consumer credit system and personal money management so everyone can achieve greater success in life. We seek to create an economically competitive and thriving louisiana where system and personal money management so everyone can achieve greater success in life. We seek to create an economically competitive and thriving louisiana where everyone has the opportunity to reach their full potential because they have the tools and skills to achieve their dreams. We support organizations and initiatives in louisiana that promote self-sufficiency and family and community stability. We are champions for collaboration, innovation and creative solutions that address the challenges facing communities across our state.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$26,265,049$22,609,402▼ $3,655,647
Total Assets$26,265,049$22,609,402▼ $3,655,647
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$26,265,049$22,609,402▼ $3,655,647
Total Net Assets Fund Balance$26,265,049$22,609,402▼ $3,655,647
Total Liabilities and Net Assets / Fund Balance$26,265,049$22,609,402▼ $3,655,647

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$22,609,402--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$26,265,049-▼ $2,015,338$105,809$22,609,402
2021$23,892,083-▲ $4,236,130$121,208$26,265,049
2020$23,238,865-▲ $2,049,272$112,894$23,892,083
2019$21,393,245-▲ $3,111,287$111,685$23,238,865
2018$22,808,103-▼ $232,739$111,902$21,393,245
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$589,715
Other Revenue
$0
Change in Net Assets
$-1,050,594

Audited Revenue Reconciliation

Revenue per Audited Statements
$507,077
Revenue Not Reported on Financial Statements
$82,638
Revenue Not Reported on Form 990
$-2,605,053
Total Revenue per Audited Statements
$-2,097,976
Total Revenue per Form 990
$589,715
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,429,695
Other Expenses$210,614
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,429,695--$1,429,695
Fees for Services Other$120,811--$120,811
Fees for Service Investment Mgmnt Fees-$82,638-$82,638
Fees for Services Accounting-$7,150-$7,150
Office Expenses-$15-$15
Total Functional Expenses$1,550,506$89,803$0$1,640,309

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,640,309
Expenses per Audited Statements$1,557,671
Total Expenses per Audited Statements$1,557,671
Expenses Not Reported on Financial Statements$82,638
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Baton Rouge Crime Stoppers IncBaton Rouge, LA501c3Civic$170,000
East Baton Rouge District AttorneyBaton Rouge, LAGovCivic$135,000
Junior Achievement of GbracadianaBaton Rouge, LA501c3Education$123,219
Baton Rouge Area FoundationBaton Rouge, LA501c3Civic$100,000
New Schools of Baton Rouge IncBaton Rouge, LA501c3Education$100,000
Douglas Manship Sr Theatre ComplexBaton Rouge, LA501c3Culture & Arts$60,000
Arts Council of Greater Baton RougeBaton Rouge, LA501c3Provide Arts Access$40,000
KIDS' ORCHESTRABaton Rouge, LA501c3Culture & Arts$37,000
Dream Teachers LLCBaton Rouge, LA501c3Education$35,000
La Assn of Nonprofit OrganizationsBaton Rouge, LA501c3Human Services$28,000
Rebuilding Together Baton RougeBaton Rouge, LA501c3Human Services$25,000
The Salvation Army - Baton RougeBaton Rouge, LA501c3Human Services$25,000
Life of a Single MomBaton Rouge, LA501c3Human Services$23,000
Baton Rouge Speachhearing FdnBaton Rouge, LA501c3Health$20,000
Cancer Services IncBaton Rouge, LA501c3Health$20,000
Hope Ministries of Baton RougeBaton Rouge, LA501c3Human Services$20,000
Mary Bird Perkins Cancer CenterBaton Rouge, LA501c3Health$20,000
MetromorphosisBaton Rouge, LA501c3Human Services$20,000
Songs of SurvivorsPrairieville, LA501c3Human Services$20,000
Teach for America Inc - South LaNew York, NY501c3Education$20,000
Policy Institute for Children of LaNew Orleans, LA501c3Education$17,500
Big Buddy ProgramBaton Rouge, LA501c3Education$15,000
City Year IncBoston, MA501c3Education$15,000
Ebrpss - Sherwood Middle AcademicBaton Rouge, LAGovEducation$15,000
Front Yard BikesBaton Rouge, LA501c3Human Services$15,000
Louisiana Mental Health AssnBaton Rouge, LA501c3Health$15,000
Our Lady of the Lake FoundationBaton Rouge, LA501c3Human Services$15,000
Standard for Children LeadershipBaton Rouge, LA501c3-$15,000
Wrkf Public Radio IncBaton Rouge, LA501c3Education$15,000
Boy Scouts of America - IstroumaBaton Rouge, LA501c3Human Services$12,500
La Americana and Folk SocietyBaton Rouge, LA501c3Culture & Arts$12,500
Opera Louisiane IncBaton Rouge, LA501c3Culture & Arts$12,500
ALZHEIMER'S SERVICES OF THE CAPITALBaton Rouge, LA501c3Human Services$12,000
BreadaBaton Rouge, LA501c3Environment$10,000
Capital Area Family ViolenceBaton Rouge, LA501c3Human Services$10,000
Catholic Charities of BrBaton Rouge, LA501c3Human Services$10,000
Family Resource Group FdnBaton Rouge, LA501c3Education$10,000
Friends of the Art Council of GdsDenham Springs, LA501c3Culture & Arts$10,000
Gbr Food BankBaton Rouge, LA501c3Human Services$10,000
La Veterans Museum FoundationBaton Rouge, LA501c3General Support$10,000
Louisiana Art and Science MuseumBaton Rouge, LA501c3Culture & Arts$10,000
Louisiana Wildlife & Fisheries FdnBaton Rouge, LA501c3Environment$10,000
Pennington Biomedical Research InstBaton Rouge, LA501c3Health$10,000
Pointe Coupee Early ChildhoodNew Roads, LA501c3Education$10,000
Public Affairs Research Council ofBaton Rouge, LA501c3Community Improvemen$10,000
Tangipahoa Parish School SystemAmite, LAGovEducation$10,000
The Salvation Army - Lake CharlesLake Charles, LA501c3Disaster Relief$10,000
YOUNG LEADERS' ACADEMY OF BRBaton Rouge, LA501c3Education$10,000
Central Private Schools IncBaton Rouge, LA501c3Education$6,500

International Summary

Spending
$5,551,264

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and CaribbeanInvestment---$3,345,987
EuropeInvestment---$2,205,277
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The foundation president will review and sign the form 990 prior to filing.

Form 990, Page 6, Part VI, Line 12C

Board members with conflicts of interest were not allowed to vote on grants from organizations which gave rise to the conflict of interest.

Form 990, Page 6, Part VI, Line 19

Documents are made available upoon request.

Filing and Contact Details

Filer

Filer Name
The Credit Bureau of
EIN
20-0665987
Phone
2259224746
Address
100 NORTH ST SUITE 900, BATON ROUGE, LA 70802

Signing Officer

Name
Layne R Mcdaniel
Title
President
Phone
2259224746
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Layne R Mcdaniel
Formed
2004
Legal Domicile
La
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
L a Champagne & Co Llp
Address
4911 BENNINGTON AVE, BATON ROUGE, LA 70808-3153
Preparer
Wayne C Dussel
Phone
2259251120
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The credit bureau of baton rouge foundation promotes a better understanding of the consumer credit system and personal money management so everyone can achieve greater success in life. We seek to create an economically competitive and thriving louisiana where system and personal money management so everyone can achieve greater success in life. We seek to create an economically competitive and thriving louisiana where everyone has the opportunity to reach their full potential because they have the tools and skills to achieve their dreams. We support organizations and initiatives in louisiana that promote self-sufficiency and family and community stability. We are champions for collaboration, innovation and creative solutions that address the challenges facing communities across our state.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The foundation uses its board-designated endowment funds to provide grants in furtherance of its mission and pay for its administrative expenses.

Raw XML AppendixShowing 400 of 1,291 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivityOrMissionDesc0THE CREDIT BUREAU OF BATON ROUGE FOUNDATION PROMOTES A BETTER UNDERSTANDING OF THE CONSUMER CREDIT SYSTEM AND PERSONAL MONEY MANAGEMENT SO EVERYONE CAN ACHIEVE GREATER SUCCESS IN LIFE. WE SEEK TO CREATE AN ECONOMICALLY COMPETITIVE AND THRIVING LOUISIANA WHERE SYSTEM AND PERSONAL MONEY MANAGEMENT SO EVERYONE CAN ACHIEVE GREATER SUCCESS IN LIFE. WE SEEK TO CREATE AN ECONOMICALLY COMPETITIVE AND THRIVING LOUISIANA WHERE EVERYONE HAS THE OPPORTUNITY TO REACH THEIR FULL POTENTIAL BECAUSE THEY HAVE THE TOOLS AND SKILLS TO ACHIEVE THEIR DREAMS. WE SUPPORT ORGANIZATIONS AND INITIATIVES IN LOUISIANA THAT PROMOTE SELF-SUFFICIENCY AND FAMILY AND COMMUNITY STABILITY. WE ARE CHAMPIONS FOR COLLABORATION, INNOVATION AND CREATIVE SOLUTIONS THAT ADDRESS THE CHALLENGES FACING COMMUNITIES ACROSS OUR STATE.
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IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07150
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IRS990/MissionDesc0THE CREDIT BUREAU OF BATON ROUGE FOUNDATION PROMOTES A BETTER UNDERSTANDING OF THE CONSUMER CREDIT SYSTEM AND PERSONAL MONEY MANAGEMENT SO EVERYONE CAN ACHIEVE GREATER SUCCESS IN LIFE. WE SEEK TO CREATE AN ECONOMICALLY COMPETITIVE AND THRIVING LOUISIANA WHERE SYSTEM AND PERSONAL MONEY MANAGEMENT SO EVERYONE CAN ACHIEVE GREATER SUCCESS IN LIFE. WE SEEK TO CREATE AN ECONOMICALLY COMPETITIVE AND THRIVING LOUISIANA WHERE EVERYONE HAS THE OPPORTUNITY TO REACH THEIR FULL POTENTIAL BECAUSE THEY HAVE THE TOOLS AND SKILLS TO ACHIEVE THEIR DREAMS. WE SUPPORT ORGANIZATIONS AND INITIATIVES IN LOUISIANA THAT PROMOTE SELF-SUFFICIENCY AND FAMILY AND COMMUNITY STABILITY. WE ARE CHAMPIONS FOR COLLABORATION, INNOVATION AND CREATIVE SOLUTIONS THAT ADDRESS THE CHALLENGES FACING COMMUNITIES ACROSS OUR STATE.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION USES ITS BOARD-DESIGNATED ENDOWMENT FUNDS TO PROVIDE GRANTS IN FURTHERANCE OF ITS MISSION AND PAY FOR ITS ADMINISTRATIVE EXPENSES.
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