Civic Intelligence

Community Foundation Realty Inc.

990 • Fiscal year 2020 • EIN 20-4265927

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

100 North Street Suite 900Baton Rouge, LA 70802

(225) 387-6126

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

38th percentile

0.01x

Higher debt load relative to assets than 38% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

82nd percentile

0.45x

Higher debt load relative to revenue than 82% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

95th percentile

72%

Higher net margin than 95% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

97th percentile

$232,386

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 1111.3% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

38th percentile

1.5%

Faster asset growth than 38% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

23rd percentile

-24%

Faster revenue growth than 23% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$874,130

Up $12,591 (+1.5%) from 2019

Net Assets

Up

$864,808

Up $15,131 (+1.8%) from 2019

Liabilities

Down

$9,322

Down $2,540 (-21%) from 2019

Revenue

Down

$20,911

Down $6,743 (-24%) from 2019

Expenses

Down

$5,780

Down $723,328 (-99%) from 2019

Net Income

Up

$15,131

Up $716,585 (+102%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $0Liabilities 2011: $18,9932011Assets 2012: $0Liabilities 2012: $19,7802012Assets 2013: $398,940Liabilities 2013: $19,780Net Assets 2013: $379,1602013Assets 2014: $16,856,282Liabilities 2014: $536,933Net Assets 2014: $16,319,3492014Assets 2015: $19,557,341Liabilities 2015: $1,084,001Net Assets 2015: $18,473,3402015Assets 2016: $15,838,216Liabilities 2016: $329,450Net Assets 2016: $15,508,7662016Assets 2017: $15,346,651Liabilities 2017: $746,290Net Assets 2017: $14,600,3612017Assets 2018: $1,553,477Liabilities 2018: $2,335Net Assets 2018: $1,551,1422018Assets 2019: $861,539Liabilities 2019: $11,862Net Assets 2019: $849,6772019Assets 2020: $874,130Liabilities 2020: $9,322Net Assets 2020: $864,8082020Assets 2021: $801,017Liabilities 2021: $0Net Assets 2021: $801,0172021Assets 2022: $800,202Liabilities 2022: $3,815Net Assets 2022: $796,3872022Assets 2023: $801,938Liabilities 2023: $4,521Net Assets 2023: $797,4172023Assets 2024: $811,234Liabilities 2024: $32,484Net Assets 2024: $778,7502024

Highlighted filing

2020

Assets$874,130
Liabilities$9,322
Net Assets$864,808

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$10M$0-$10M-$20MRevenue 2011: $0Expenses 2011: $726Net Income 2011: -$7262011Revenue 2012: $0Expenses 2012: $787Net Income 2012: -$7872012Revenue 2013: $400,000Expenses 2013: $1,060Net Income 2013: $398,9402013Revenue 2014: $16,575,937Expenses 2014: $656,906Net Income 2014: $15,919,0312014Revenue 2015: $2,445,240Expenses 2015: $291,243Net Income 2015: $2,153,9972015Revenue 2016: $78,616Expenses 2016: $2,901,121Net Income 2016: -$2,822,5052016Revenue 2017: $1,658,307Expenses 2017: $2,566,762Net Income 2017: -$908,4552017Revenue 2018: $822,136Expenses 2018: $13,865,158Net Income 2018: -$13,043,0222018Revenue 2019: $27,654Expenses 2019: $729,108Net Income 2019: -$701,4542019Revenue 2020: $20,911Expenses 2020: $5,780Net Income 2020: $15,1312020Revenue 2021: $4Expenses 2021: $63,795Net Income 2021: -$63,7912021Revenue 2022: $0Expenses 2022: $4,630Net Income 2022: -$4,6302022Revenue 2023: $3,463Expenses 2023: $2,433Net Income 2023: $1,0302023Revenue 2024: $186,777Expenses 2024: $209,244Net Income 2024: -$22,4672024

Highlighted filing

2020

Revenue$20,911
Expenses$5,780
Net Income$15,131
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.0
Gross Receipts
$20,911
Mission and Program Overview

Mission

As a supporting organization of the Baton Rouge Area Foundation, this entity will benefit, perform the function of, and carry out the purposes of the Baton Rouge Area Foundation, specifically with respect to the acquisition, development, management and disposition of real estate assets donated to or otherwise acquired by the Foundation. These real estate assets are primarily engaged in economic development opportunities and the redevelopment of blighted areas of economically distressed communities.

To carry out the purpose of the Baton Rouge Area Foundation, specifically with respect to the acquisition, development, management and disposition of real estate assets.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$800,000$815,000▲ $15,000
Savings and Temporary Cash Investments$58,903$59,130▲ $227
Cash and Non-Interest-Bearing Accounts$2,336$0▼ $2,336
Prepaid Expenses and Deferred Charges$300$0▼ $300
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$861,539$874,130▲ $12,591
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$11,862$9,322▼ $2,540
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$11,862$9,322▼ $2,540
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$849,677$864,808▲ $15,131
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$849,677$864,808▲ $15,131
Total Liabilities and Net Assets / Fund Balance$861,539$874,130▲ $12,591

Asset Categories

AssetBook ValueDepreciationBasis
Land$815,000-$815,000
Buildings$0$0$0
Other Land Buildings$0$0$0
Equipment$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Edmund J Giering IVPresident/Director
Annette D BartonDirector
Matthew G McKayDirector
Ryland Percy IIIDirector
John B Noland JrSecretary/Treasurer/Director
Revenue and Support

Revenue Composition

Contributions and Grants
$20,684
Program Service Revenue
$0
Investment Income
$227
Other Revenue
$0
All Other Contributions
$20,684
Change in Net Assets
$15,131
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,780
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting$0$3,800$0$3,800
Occupancy$0$1,965$0$1,965
Fees for Services Legal$0$15$0$15
Total Functional Expenses$0$5,780$0$5,780
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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, Part VI, Section A, Line 7A

All board members are appointed by the Foundation's supported organization, Baton Rouge Area Foundation.

Form 990, Part VI, Section B, Line 11B

After completion of the IRS Form 990, copies are emailed to the entire board of directors. The president reviews and approves the veracity of the information presented in the form. The form is signed by the president (or other appropriate representative of the Foundation), dated and submitted to the IRS by the filing deadline.

Form 990, Part VI, Section B, Line 12C

Directors are required to complete a disclosure statement annually. The disclosure obligation is continuing and directors are required to update their respective disclosure if a conflict or the appearance of a conflict arises prior to the next report period. Disclosures (and subsequent disclosures) are initially reviewed by the Foundation's president; if any potential conflicts are present, he or she shall lave the board or committee meeting while the determination of a conflict of interest is discussed and voted upon.

Form 990, Part VI, Section B, Line 15

The Foundation does not compensate any individuals, thus its process for determining compensation did not include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision.

Form 990, Part VI, Section C, Line 19

The Foundation's governing documents, financial statements, and policies are available upon request.

Filing and Contact Details

Filer

Filer Name
Community Foundation Realty Inc
EIN
20-4265927
Phone
2253876126
Address
100 North Street Suite 900, Baton Rouge, LA 70802

Signing Officer

Name
Edmund Giering IV
Title
President/Director
Phone
2253876126
Signed
2021-11-12

Organization Details

Principal Officer
John G Davies
Formed
2006
Legal Domicile
La
Voting Board Members
6
Independent Board Members
5
Employees
0
Volunteers
6
Raw XML AppendixShowing 400 of 901 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm1John B Noland Jr
IRS990/Form990PartVIISectionAGrp/PersonNm2Annette D Barton
IRS990/Form990PartVIISectionAGrp/PersonNm3Matthew G McKay
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IRS990/MissionDesc0As a supporting organization of the Baton Rouge Area Foundation, this entity will benefit, perform the function of, and carry out the purposes of the Baton Rouge Area Foundation, specifically with respect to the acquisition, development, management and disposition of real estate assets donated to or otherwise acquired by the Foundation. These real estate assets are primarily engaged in economic development opportunities and the redevelopment of blighted areas of economically distressed communities.
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IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01965
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt01965
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0300
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0John G Davies
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt041857
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0701223
IRS990/PYInvestmentIncomeAmt01095
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt027885
IRS990/PYOtherRevenueAmt0-15298
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-701454
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0729108
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt027654
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt015131
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt058903
IRS990/SavingsAndTempCashInvstGrp/EOYAmt059130
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0726030391
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Baton Rouge Area Foundation
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonorAdvisedFundsContriAmt00
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.03$0.78$0.19$0.21$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.00$0.06$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.87$0.01$0.86$0.02$0.01$0.02
2019Summary only. Only limited summary data is available for this year.$0.86$0.01$0.85$0.03$0.73$0.70
2018Summary only. Only limited summary data is available for this year.$1.55$0.00$1.55$0.82$13.9$13.0
2017Summary only. Only limited summary data is available for this year.$15.3$0.75$14.6$1.66$2.57$0.91
2016Summary only. Only limited summary data is available for this year.$15.8$0.33$15.5$0.08$2.90$2.82
2015Summary only. Only limited summary data is available for this year.$19.6$1.08$18.5$2.45$0.29$2.15
2014Summary only. Only limited summary data is available for this year.$16.9$0.54$16.3$16.6$0.66$15.9
2013Summary only. Only limited summary data is available for this year.$0.40$0.02$0.38$0.40$0.00$0.40
2012Summary only. Only limited summary data is available for this year.$0.00$0.02$0.00$0.00$0.00
2011Summary only. Only limited summary data is available for this year.$0.00$0.02$0.00$0.00$0.00