Bbr Schools Inc
- Assets
- $8.5m
- Revenue
- $14.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 12/2017
- Data as of
- 06/2022
- 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 06/2022, Bbr Schools Inc generated $14.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.0% each year . All expenses for the organization totaled $12.8m during the year ending 06/2022. While expenses have increased by 22.6% per year over the past 4 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
2022
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 FALL OF 2021 BASIS BATON ROUGE OPENED ITS SECOND CAMPUS, BASIS BATON ROUGE PRIMARY MID CITY CAMPUS. THE TWO CAMPUSES SERVE A DIVERSE STUDENT POPULATION OF JUST OVER 1,050 STUDENTS RECEIVING BASIS' NATIONALLY ACCLAIMED EDUCATION MODEL IN GRADES KINDERGARTEN THROUGH 7TH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deanna Rowe Executive Di | Officer | 7 | $34,677 |
Craig Barrett Chairman Of | OfficerTrustee | 2 | $0 |
Kia Bickham Board Member | Trustee | 1 | $0 |
Donald Carson Board Member | Trustee | 1 | $0 |
Jason Hughes Board Member | Trustee | 1 | $0 |
Patrick Martin Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Basis Educational Group Leased Employee | 6/29/22 | $6,798,448 |
Basis Educational Group Mgmt/developmnt | 6/29/22 | $1,799,690 |
Revolution Foods Food Services | 6/29/22 | $180,036 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $887,897 |
| All other contributions, gifts, grants, and similar amounts not included above | $315,587 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,203,484 |
| Total Program Service Revenue | $13,378,966 |
| 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 | $14,582,450 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,589,412 |
| Pension plan accruals and contributions | $114,400 |
| Other employee benefits | $598,692 |
| Payroll taxes | $465,030 |
| Fees for services: Management | $1,799,690 |
| Fees for services: Legal | $1,673 |
| Fees for services: Accounting | $12,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $313,696 |
| Advertising and promotion | $139,053 |
| Office expenses | $26,404 |
| Information technology | $74,720 |
| Royalties | $0 |
| Occupancy | $1,454,805 |
| Travel | $21,092 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $603,466 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $413,628 |
| Insurance | $177,778 |
| All other expenses | $21,608 |
| Total functional expenses | $12,779,340 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,555,001 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,362,365 |
| Accounts receivable, net | $52,160 |
| 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 | $163,557 |
| Net Land, buildings, and equipment | $410,598 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,543,681 |
| Accounts payable and accrued expenses | $1,255,948 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $203,141 |
| Total liabilities | $1,459,089 |
| Net assets without donor restrictions | $6,842,179 |
| Net assets with donor restrictions | $242,413 |
| 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 | $8,543,681 |