Civic Intelligence

Nsbr Facilities Inc.

990 • Fiscal year 2020 • EIN 81-5258031

Oct 01, 2019 to Sep 30, 2020 • Filed on Aug 13, 2021

100 Lafayette St 2nd 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

94th percentile

1.14x

Higher debt load relative to assets than 94% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

63rd percentile

0.24x

Higher debt load relative to revenue than 63% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

18th percentile

-17%

Higher net margin than 18% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

94th percentile

$291,056

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 23.1% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

87th percentile

53%

Faster asset growth than 87% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

97th percentile

253%

Faster revenue growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$263,289

Up $91,431 (+53%) from 2019

Net Assets

Down

-$36,497

Down $208,355 (-121%) from 2019

Liabilities

Up

$299,786

Up $299,786 from 2019

Revenue

Up

$1,262,377

Up $905,138 (+253%) from 2019

Expenses

Up

$1,470,733

Up $1,157,570 (+370%) from 2019

Net Income

Down

-$208,356

Down $252,432 (-573%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2018: $127,782Liabilities 2018: $0Net Assets 2018: $127,7822018Assets 2019: $171,858Liabilities 2019: $0Net Assets 2019: $171,8582019Assets 2020: $263,289Liabilities 2020: $299,786Net Assets 2020: -$36,4972020Assets 2021: $345,896Liabilities 2021: $88,668Net Assets 2021: $257,2282021Assets 2022: $249,545Liabilities 2022: $10,830Net Assets 2022: $238,7152022Assets 2023: $58,200Liabilities 2023: $1,900Net Assets 2023: $56,3002023Assets 2024: $123,997Liabilities 2024: $76,739Net Assets 2024: $47,2582024

Highlighted filing

2020

Assets$263,289
Liabilities$299,786
Net Assets-$36,497

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2018: $308,341Expenses 2018: $450,223Net Income 2018: -$141,8822018Revenue 2019: $357,239Expenses 2019: $313,163Net Income 2019: $44,0762019Revenue 2020: $1,262,377Expenses 2020: $1,470,733Net Income 2020: -$208,3562020Revenue 2021: $1,794,699Expenses 2021: $1,500,974Net Income 2021: $293,7252021Revenue 2022: $129,525Expenses 2022: $148,038Net Income 2022: -$18,5132022Revenue 2023: $100,000Expenses 2023: $282,415Net Income 2023: -$182,4152023Revenue 2024: $88,000Expenses 2024: $97,042Net Income 2024: -$9,0422024

Highlighted filing

2020

Revenue$1,262,377
Expenses$1,470,733
Net Income-$208,356
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Aug 13, 2021
Return Version
2019v5.2
Gross Receipts
$1,262,377
Mission and Program Overview

Mission

Nsbr launched nsbr facilities inc. In order to support charter schools in building, accessing, financing, and leasing quality and affordable lease space. This often includes providing pre-development and diligence services to schools such as design, surveying, and engineering. Facilities inc. Also commissions professional services in legal and accounting in order to draft leases for schools, review contracts, and draw up organizational documents.

Nsbr facilities inc. Has served as the administrative and non-property-owning arm of new schools for baton rouge's facilities work. Through philanthropic donations to new schools for baton rouge, nsbr facilities inc. Provided pre-development facility support to new charter schools in baton rouge.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$152,851$245,724▲ $92,873
Accounts Receivable$7,500$10,000▲ $2,500
Total Assets$171,858$263,289▲ $91,431
Other Assets Total$11,507$7,565▼ $3,942
Liabilities
Accounts Payable and Accrued Expenses-$299,786-
Total Liabilities$0$299,786▲ $299,786
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$171,858$-36,497▼ $208,355
Total Net Assets Fund Balance$171,858$-36,497▼ $208,355
Total Liabilities and Net Assets / Fund Balance$171,858$263,289▲ $91,431
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ty McmainsChair
Chris MeyerPresident
Adam KnappDirector
Chris FerrariDirector
Melissa MannDirector
Samuel SandersDirector
Jerry JollySecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Grace Hebert CurtisFulfillment Of Architect And Engineering501 GOVERNMENT STREET SUITE 200, Baton Rouge, LA 70802$903,725
Buquet & LeblancFulfillment Of A Construction Contract F18145 PATEROLEUM DRIVE, Baton Rouge, LA 70809$130,651
Revenue and Support

Revenue Composition

Contributions and Grants
$1,182,121
Program Service Revenue
$80,256
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-208,356
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,461,355
Other Expenses$9,378
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,461,355--$1,461,355
Fees for Services Legal$6,401$337-$6,738
Other Expenses$2,000--$2,000
Office Expenses-$640-$640
Total Functional Expenses$1,469,756$977$0$1,470,733
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Foundation for East Baton Rouge SchoolsBaton Rouge, LA-Grant for New Signage at Liberty High School$50,000
Friends of Basis LouisianaScottsdale, AZ-Portion of Grant for New Construction at Mid-city Campus$35,000
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
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The following powers are reserved to the members: a) to change the philosophy, objectives, mission, and purposes of this corporation or of any entity in which the corporation is a member with voting rights; b) to amend, alter, modify or repeal the articles of incorporation or bylaws of the corporation, as well as the articles of incorporation or bylaws ( or similar organizing documents) of any entity in which the corporation, and to remove the same without cause; c) to appoint the members, officers, and the board of the corporation, and to remove the same without cause; d) to approve the election of the officers of the board; e) to authorize corporation or any entity in which corporation is a member with voting rights, to merge, consolidate, or affiliate with another person or legal entity, or participate in partnership or joint ventures with another entity, organization or program; and f) to dissolve or terminate the existence, and to determine the distribution of assets upon such termination or dissolution of corporation, or of any entity in which corporation is a member with voting rights.

Form 990, Part VI, Section A, Line 7B

New schools for baton rouge appoints the governing members of nsbr facilities inc.

Form 990, Part VI, Section A, Line 8B

There are no committees who act on behalf of the governing body.

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

The organization's form 990 is prepared by an external accounting firm in coordination with new schools for baton rouge staff members. The form 990 is approved by the signing officer prior to filing and made available to the board.

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

Members of the organization's governing board are required to sign annual statements affirming that they have received a copy of the conflict of interest policy and that they have read, understand, and agreed to comply with the policy. Members may present information to the board in any matter in which they have a conflict, but must abstain from voting. The board must proactively determine that a more advantageous transaction or arrangement is not available. Periodic reviews of existing business arrangements shall be conducted by disinterested persons to determine that no more advantageous opportunity exists. The organization may request assistance from outside experts as the board deems appropriate.

Form 990, Part VI, Section B, Line 15

The organization has no compensated board members or employees. New schools for baton rouge, a related organization, determines appropriate compensation of its own employees.

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
Nsbr Facilities Inc
EIN
81-5258031
Phone
2253840271
Address
100 LAFAYETTE ST 2ND FLOOR, BATON ROUGE, LA 70801

Signing Officer

Name
Chris Meyer
Title
President
Phone
2253840271
Signed
2021-08-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Meyer
Formed
2017
Legal Domicile
La
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

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

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.

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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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NSBR, 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GRANT FOR NEW SIGNAGE AT LIBERTY HIGH SCHOOL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1PORTION OF GRANT FOR NEW CONSTRUCTION AT MID-CITY CAMPUS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FOUNDATION FOR EAST BATON ROUGE SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1FRIENDS OF BASIS LOUISIANA
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOLLOWING POWERS ARE RESERVED TO THE MEMBERS: A) TO CHANGE THE PHILOSOPHY, OBJECTIVES, MISSION, AND PURPOSES OF THIS CORPORATION OR OF ANY ENTITY IN WHICH THE CORPORATION IS A MEMBER WITH VOTING RIGHTS; B) TO AMEND, ALTER, MODIFY OR REPEAL THE ARTICLES OF INCORPORATION OR BYLAWS OF THE CORPORATION, AS WELL AS THE ARTICLES OF INCORPORATION OR BYLAWS ( OR SIMILAR ORGANIZING DOCUMENTS) OF ANY ENTITY IN WHICH THE CORPORATION, AND TO REMOVE THE SAME WITHOUT CAUSE; C) TO APPOINT THE MEMBERS, OFFICERS, AND THE BOARD OF THE CORPORATION, AND TO REMOVE THE SAME WITHOUT CAUSE; D) TO APPROVE THE ELECTION OF THE OFFICERS OF THE BOARD; E) TO AUTHORIZE CORPORATION OR ANY ENTITY IN WHICH CORPORATION IS A MEMBER WITH VOTING RIGHTS, TO MERGE, CONSOLIDATE, OR AFFILIATE WITH ANOTHER PERSON OR LEGAL ENTITY, OR PARTICIPATE IN PARTNERSHIP OR JOINT VENTURES WITH ANOTHER ENTITY, ORGANIZATION OR PROGRAM; AND F) TO DISSOLVE OR TERMINATE THE EXISTENCE, AND TO DETERMINE THE DISTRIBUTION OF ASSETS UPON SUCH TERMINATION OR DISSOLUTION OF CORPORATION, OR OF ANY ENTITY IN WHICH CORPORATION IS A MEMBER WITH VOTING RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NEW SCHOOLS FOR BATON ROUGE APPOINTS THE GOVERNING MEMBERS OF NSBR FACILITIES INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE ARE NO COMMITTEES WHO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S FORM 990 IS PREPARED BY AN EXTERNAL ACCOUNTING FIRM IN COORDINATION WITH NEW SCHOOLS FOR BATON ROUGE STAFF MEMBERS. THE FORM 990 IS APPROVED BY THE SIGNING OFFICER PRIOR TO FILING AND MADE AVAILABLE TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEMBERS OF THE ORGANIZATION'S GOVERNING BOARD ARE REQUIRED TO SIGN ANNUAL STATEMENTS AFFIRMING THAT THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY AND THAT THEY HAVE READ, UNDERSTAND, AND AGREED TO COMPLY WITH THE POLICY. MEMBERS MAY PRESENT INFORMATION TO THE BOARD IN ANY MATTER IN WHICH THEY HAVE A CONFLICT, BUT MUST ABSTAIN FROM VOTING. THE BOARD MUST PROACTIVELY DETERMINE THAT A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT AVAILABLE. PERIODIC REVIEWS OF EXISTING BUSINESS ARRANGEMENTS SHALL BE CONDUCTED BY DISINTERESTED PERSONS TO DETERMINE THAT NO MORE ADVANTAGEOUS OPPORTUNITY EXISTS. THE ORGANIZATION MAY REQUEST ASSISTANCE FROM OUTSIDE EXPERTS AS THE BOARD DEEMS APPROPRIATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS NO COMPENSATED BOARD MEMBERS OR EMPLOYEES. NEW SCHOOLS FOR BATON ROUGE, A RELATED ORGANIZATION, DETERMINES APPROPRIATE COMPENSATION OF ITS OWN EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NEW SCHOOLS FOR BATON ROUGE
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NEW SCHOOLS FOR BATON ROUGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1NSBR-F GARDERE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2NSBR-F BON CARRE
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1821762959
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROMOTES DEVELOPMENT OF CHARTER SCHOOLS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1PROMOTES DEVELOPMENT OF CHARTER SCHOOLS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2PROMOTES DEVELOPMENT OF CHARTER SCHOOLS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 12B, II
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2LINE 12B, II
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0100 LAFAYETTE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1100 LAFAYETTE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2100 LAFAYETTE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BATON ROUGE
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