Civic Intelligence

New Schools for Baton Rouge

990 • Fiscal year 2019 • EIN 45-3843085

Oct 01, 2018 to Sep 30, 2019 • Filed on Jun 16, 2020

100 Lafayette Street Second FloorBaton Rouge, LA 70801

(225) 384-0271

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

9th percentile

0.00x

Higher debt load relative to revenue than 9% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

7th percentile

-45%

Higher net margin than 7% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

85th percentile

$264,180

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

1st percentile

-50%

Faster asset growth than 1% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

10th percentile

-31%

Faster revenue growth than 10% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Down

$6,848,333

Down $6,945,504 (-50%) from 2018

Net Assets

Down

$6,831,389

Down $5,044,099 (-42%) from 2018

Liabilities

Down

$16,944

Down $1,901,405 (-99%) from 2018

Revenue

Down

$5,790,905

Down $2,643,036 (-31%) from 2018

Expenses

Down

$8,396,146

Down $407,492 (-4.6%) from 2018

Net Income

Down

-$2,605,241

Down $2,235,544 (-605%) from 2018

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2012: $1,037,742Liabilities 2012: $7,172Net Assets 2012: $1,030,5702012Assets 2013: $4,039,777Liabilities 2013: $128,288Net Assets 2013: $3,911,4892013Assets 2014: $4,789,352Liabilities 2014: $39,957Net Assets 2014: $4,749,3952014Assets 2015: $4,487,259Liabilities 2015: $22,050Net Assets 2015: $4,465,2092015Assets 2016: $18,575,292Liabilities 2016: $308,800Net Assets 2016: $18,266,4922016Assets 2017: $14,279,084Liabilities 2017: $2,628,935Net Assets 2017: $11,650,1492017Assets 2018: $13,793,837Liabilities 2018: $1,918,349Net Assets 2018: $11,875,4882018Assets 2019: $6,848,333Liabilities 2019: $16,944Net Assets 2019: $6,831,3892019Assets 2020: $19,501,823Liabilities 2020: $226,169Net Assets 2020: $19,275,6542020Assets 2021: $18,000,510Liabilities 2021: $825,206Net Assets 2021: $17,175,3042021Assets 2022: $36,627,153Liabilities 2022: $217,205Net Assets 2022: $36,409,9482022Assets 2023: $26,906,353Liabilities 2023: $485,860Net Assets 2023: $26,420,4932023Assets 2024: $12,405,538Liabilities 2024: $154,322Net Assets 2024: $12,251,2162024

Highlighted filing

2019

Assets$6,848,333
Liabilities$16,944
Net Assets$6,831,389

Operations Trend

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

$40M$20M$0-$20MExpenses 2012: $598,3802012Revenue 2013: $4,148,459Expenses 2013: $1,267,540Net Income 2013: $2,880,9192013Revenue 2014: $2,795,055Expenses 2014: $1,957,149Net Income 2014: $837,9062014Revenue 2015: $2,616,841Expenses 2015: $2,901,029Net Income 2015: -$284,1882015Revenue 2016: $17,763,820Expenses 2016: $3,962,537Net Income 2016: $13,801,2832016Revenue 2017: $1,504,938Expenses 2017: $8,121,281Net Income 2017: -$6,616,3432017Revenue 2018: $8,433,941Expenses 2018: $8,803,638Net Income 2018: -$369,6972018Revenue 2019: $5,790,905Expenses 2019: $8,396,146Net Income 2019: -$2,605,2412019Revenue 2020: $15,046,492Expenses 2020: $9,923,060Net Income 2020: $5,123,4322020Revenue 2021: $11,219,034Expenses 2021: $13,319,384Net Income 2021: -$2,100,3502021Revenue 2022: $28,681,347Expenses 2022: $9,446,703Net Income 2022: $19,234,6442022Revenue 2023: $7,657,828Expenses 2023: $16,250,565Net Income 2023: -$8,592,7372023Revenue 2024: $6,534,396Expenses 2024: $20,674,172Net Income 2024: -$14,139,7762024

Highlighted filing

2019

Revenue$5,790,905
Expenses$8,396,146
Net Income-$2,605,241
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Jun 16, 2020
Return Version
2018v3.1
Gross Receipts
$5,790,905
Mission and Program Overview

Mission

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. As a community partnership nsbr is bringing together talent and resources that deliver excellent schools to students and families in baton rouge.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$7,205,101$5,698,271▼ $1,506,830
Accounts Receivable$6,488,104$1,072,562▼ $5,415,542
Land, Buildings, and Equipment, Net$85,808$73,296▼ $12,512
Prepaid Expenses and Deferred Charges$4,824$4,204▼ $620
Total Assets$13,793,837$6,848,333▼ $6,945,504
Other Assets Total$10,000$0▼ $10,000
Liabilities
Deferred Revenue$1,830,000$0▼ $1,830,000
Accounts Payable and Accrued Expenses$78,349$14,618▼ $63,731
Other Liabilities$10,000$0▼ $10,000
Escrow Account Liability-$2,326-
Total Liabilities$1,918,349$16,944▼ $1,901,405
Net Assets / Fund Balance
Unrestricted Net Assets$1,651,575$4,883,225▲ $3,231,650
Temporarily Rstr Net Assets$10,223,913$1,948,164▼ $8,275,749
Total Net Assets Fund Balance$11,875,488$6,831,389▼ $5,044,099
Total Liabilities and Net Assets / Fund Balance$13,793,837$6,848,333▼ $6,945,504

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,259$78,938$101,197
Leasehold Improvements$51,037$34,024$85,061
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christoper MeyerPresidentFT$194,929$69,251$264,180

Board Members and Trustees

NameTitle
Preston CastilleChair (10/2018 - 3/2019)
Jennifer Eplett ReillyChair (3/2019 - 9/2019)
Brian HaymonVice Chair
Adam KnappBoard Member
Brandon KellyBoard Member
Charlie DavisBoard Member
David BeachBoard Member
Dennis BluntBoard Member
Dianna PaytonBoard Member
Ken BubpBoard Member
Mary Ann SternbergBoard Member
Matthew SaurageBoard Member
Michael VictorianBoard Member
Nial PatelBoard Member
Stephanie CargileBoard Member
Jody MontelaroSecretary
John SpainTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Attuned Education Partners LLCInstructional Consulting Services716 VALLEY ROAD, Montclair, NJ 07043$250,637
Instruction PartnersInstructional Consulting Services604 GALLATIN AVE STE 202, Nashville, TN 37206$169,613
Revenue and Support

Revenue Composition

Contributions and Grants
$5,751,984
Program Service Revenue
$0
Investment Income
$38,921
Other Revenue
$0
All Other Contributions
$5,751,984
Change in Net Assets
$-2,605,241

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,352,047
Revenue Not Reported on Financial Statements
$2,438,858
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$2,438,858
Total Revenue per Audited Statements
$3,352,047
Total Revenue per Form 990
$5,790,905
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,666,727
Other Expenses$1,488,130
Salaries, Compensation, and Employee Benefits$1,241,289
Total Fundraising Expense$37,241
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,036,359--$5,036,359
Fees for Services Other$1,056,752$6,167-$1,062,919
Other Salaries and Wages$698,915$80,335$24,101$803,351
Grants to Domestic Individuals$630,368--$630,368
Current Officers, Directors, Trustees, and Key Employees$236,600$27,195$8,159$271,954
Fees for Services Accounting-$108,225-$108,225
Other Employee Benefits$62,199$3,401$1,021$66,621
Payroll Taxes$56,853$6,534$1,961$65,348
Advertising$64,194--$64,194
Office Expenses$9,779$50,527-$60,306
Fees for Services Legal$43,544--$43,544
Occupancy-$40,612-$40,612
Pension Plan Contributions$25,354$6,662$1,999$34,015
Other Expenses$29,512--$29,512
Insurance-$20,952-$20,952
Conferences and Meetings$11,115$9,823-$20,938
Depreciation Depletion-$18,975-$18,975
Travel$17,953--$17,953
Total Functional Expenses$7,979,497$379,408$37,241$8,396,146

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,396,146
Total Expenses per Audited Statements$8,396,146
Total Expenses per Form 990$8,396,146
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Teach for America South LouisianaNew York, NY501(c)(3)Recruit, Train, and Place Corps New Corps Members in Area$850,000
Bbr Schools IncScottsdale, AZ501(c)(3)Year 1 Launch Support for School Startup and Facility Expenses$800,000
Nsbr-f GardereBaton Rouge, LA501(c)(3)Support the Launch of New School in Baton Rouge$701,862
Idea Public SchoolsWeslaco, TX501(c)(3)Year 1 Launch Support for Campuses, Curriculum Implementation, and Instructional Equipment$629,364
Geo Academies of EbrBaton Rouge, LA501(c)(3)Expand Geo Prep to K-8 Program and Launch Next Gen High School$437,000
Redesign Schools LouisianaBaton Rouge, LA501(c)(3)Year 1 Launch Support for Glen Oaks Middle School$332,000
Relay Graduate School of EducationNew York, NY501(c)(3)Operational Support for Teacher Certification and Degree Programs$325,000
Nsbr-f FacilitiesBaton Rouge, LA501(c)(3)Facilitate Construction of New Schools in Baton Rouge$300,000
Louisiana Resource Center for EducatorsBaton Rouge, LA501(c)(3)Increase Operational and Instructional Capacity$250,000
City Year Baton RougeBoston, MA501(c)(3)Recruit, Train, and Place Members in Area Schools$149,125
Community School for Apprenticeship LearningBaton Rouge, LA501(c)(3)Year 1 Launch Support for K-5 Program$100,000
Brothers Empowered to Teach InitiativeNew Orleans, LA501(c)(3)Recruit, Train, and Place Tutors in Area Schools$55,000
Helix Community SchoolsBaton Rouge, LA501(c)(3)Year 0 Launch Support for Administrative Salaries$50,000
Education Reform Now IncNew York, NY501(c)(3)Community Education$20,000
The Emerge Center for AutismBaton Rouge, LA501(c)(3)Board Training and Summer Enrichment for Students$20,000
Project 7085 IncBaton Rouge, LA501(c)(3)Support for Leap Readiness Events$17,008
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
Yes
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
Yes
Other officer compensation reviewed
Yes
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 B, Line 11B

Form 990 is provided to the board for review prior to submission to the interal revenue service.

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

Each transaction is evaluated to ensure that there is no conflict of interest.

Form 990, Part VI, Section B, Line 15

The board reviews and adjusts salaries annually. The board uses salary compensation studies, benchmarking, and other factors in setting annual compensation.

Form 990, Part VI, Section C, Line 19

The organization makes governing documents, conflicts of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
New Schools for Baton Rouge
EIN
45-3843085
Phone
2253840271
Address
100 LAFAYETTE STREET SECOND FLOOR, BATON ROUGE, LA 70801

Signing Officer

Name
Chris Meyer
Title
President
Phone
2253840271
Signed
2020-06-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Meyer
Formed
2011
Legal Domicile
La
Voting Board Members
17
Independent Board Members
17
Employees
12
Volunteers
17

Preparer

Firm
Faulk & Winkler LLC
Address
6811 JEFFERSON HIGHWAY, BATON ROUGE, LA 70806
Preparer
Jeremy Klibert
Phone
2259276811
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other services: program service expenses 50,827. Management and general expenses 6,167. Fundraising expenses 0. Total expenses 56,994. Educational contractors: program service expenses 1,005,925. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,005,925.

Financial Statement Notes

PART X, LINE 2:

Nsbr, nsbr facilities, inc., nsbr-f bon carre, and nsbr-f gardere account for income taxes in accordance with fasb asc 740-10, accounting for uncertainty in income taxes. Management believes it has no material uncertain tax positions and, accordingly, has not recognized a liability for any unrecognized benefits.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Prior period adjustment to pledges 2,438,858.

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IRS990/Form990PartVIISectionAGrp/PersonNm9KEN BUBP
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IRS990/Form990PartVIISectionAGrp/PersonNm12STEPHANIE CARGILE
IRS990/Form990PartVIISectionAGrp/PersonNm13MATTHEW SAURAGE
IRS990/Form990PartVIISectionAGrp/PersonNm14MICHAEL VICTORIAN
IRS990/Form990PartVIISectionAGrp/PersonNm15MARY ANN STERNBERG
IRS990/Form990PartVIISectionAGrp/PersonNm16DAVID BEACH
IRS990/Form990PartVIISectionAGrp/PersonNm17CHRISTOPER MEYER
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IRS990/MissionDesc0NEW SCHOOLS FOR BATON ROUGE'S MISSION IS TO TRANSFORM SCHOOLS CITYWIDE TO ENSURE THERE IS AN EXCELLENT SCHOOL FOR EVERY CHILD IN OUR CITY. AS A COMMUNITY PARTNERSHIP NSBR IS BRINGING TOGETHER TALENT AND RESOURCES THAT DELIVER EXCELLENT SCHOOLS TO STUDENTS AND FAMILIES IN BATON ROUGE.
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IRS990/ProgSrvcAccomActy2Grp/Desc0EXCELLENCE FUNDSUPPORT EDUCATIONAL IMPROVEMENTS IN THE BATON ROUGE AREA THROUGH THE FOLLOWING AREAS:1)SCHOOLS: SUPPORT THE LAUNCH OF HIGH-PERFORMING SCHOOLS IN BATON ROUGE.2)HUMAN CAPITAL: BUILD A ROBUST TEACHER AND SCHOOL LEADER PIPELINE.3)REFORM ECOSYSTEM: SEEK SUPPORT ORGANIZATIONS IN RESPONSE NEEDS IDENTIFIED BY NSBR-FUNDED SCHOOLS.
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