Overview
What is The Credit Bureau Of Baton Rouge Foundation?
The Credit Bureau of Baton Rouge Foundation is a nonprofit organization located in Baton Rouge, Louisiana. Its primary objective is to enhance the economic competitiveness and well-being of Louisiana by promoting a better understanding of the consumer credit system and personal money management. The foundation aims to empower individuals to achieve greater success in life and reach their full potential by providing them with the necessary tools and skills. To achieve this, they support organizations and initiatives in Louisiana that promote self-sufficiency and family and community stability. They are advocates for collaboration, innovation, and creative solutions that address the challenges facing communities across the state.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)
The Credit Bureau Of Baton Rouge Foundation has received a solid rating of 86%, indicating an acceptable level of accountability and financial health. This score is derived entirely from its Accountability & Finance metrics, which reflects a strong commitment to transparency and responsible management of resources.
Key strengths of the organization include a fully independent board with 100% of its members being independent, as well as a high program expense ratio of 93.75%. This suggests that a significant majority of their expenditures directly support their programs, which is a positive indicator for potential donors regarding the charity's effectiveness in fulfilling its mission.
While the foundation appears to be operating effectively and transparently, it is important for potential supporters to be aware that the rating is based solely on financial and governance aspects. As such, further evaluation of the organization's impact and program outcomes would be beneficial for a holistic understanding of its performance and effectiveness in the community.
This AI summary has been generated from information found on Charity Navigator.
Is The Credit Bureau Of Baton Rouge Foundation legitimate?
The Credit Bureau Of Baton Rouge Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Credit Bureau Of Baton Rouge Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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What is the mission statement of The Credit Bureau Of Baton Rouge Foundation?
The Credit Bureau of Baton Rouge Foundation aims to foster a better understanding of the consumer credit system and personal money management, enabling individuals to achieve greater success in life. Their mission is to establish an economically competitive and thriving environment where everyone has the opportunity to reach their full potential, equipped with the necessary tools and skills to achieve their dreams. The organization supports initiatives and organizations in Louisiana that promote self-sufficiency and family and community stability. They are advocates for collaboration, innovation, and creative solutions that address the challenges faced by communities across the state.
Who is the CEO of The Credit Bureau Of Baton Rouge Foundation?
Layne R Mcdaniel is the Trustee of The Credit Bureau Of Baton Rouge Foundation.
What is the revenue of The Credit Bureau Of Baton Rouge Foundation?
The Credit Bureau Of Baton Rouge Foundation's revenue in 2022 was $589,715.
Who are the executives of The Credit Bureau Of Baton Rouge Foundation and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for The Credit Bureau Of Baton Rouge Foundation?
The Credit Bureau Of Baton Rouge Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Credit Bureau Of Baton Rouge Foundation
The Credit Bureau of Baton Rouge Foundation works towards fostering a broader comprehension of the consumer credit system and personal money management. Its mission is to empower individuals to achieve greater success in life by creating an economically competitive and thriving environment. The organization aims to provide everyone with the necessary tools and skills to reach their full potential and achieve their dreams. The Credit Bureau of Baton Rouge Foundation supports organizations and initiatives in Louisiana that promote self-sufficiency and family and community stability. As champions for collaboration, innovation, and creative solutions, they address the challenges facing communities across the state.
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Impact
July, 2024
The Credit Bureau Of Baton Rouge Foundation's impact lies in promoting a better understanding of the consumer credit system and personal money management. By providing individuals with the tools and skills to achieve greater success in life, they contribute to creating an economically competitive and thriving Louisiana. Through their support of organizations and initiatives that promote self-sufficiency, family stability, and community resilience, they champion collaboration, innovation, and creative solutions to address the challenges faced by communities across the state.
This information is meant to be a general summary of The Credit Bureau Of Baton Rouge Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $589,715
- Gross Receipts: $2,389,868
Assets and Liabilities:
- Total Assets: $22,609,402
- Total Liabilities: $0
- Net Assets: $22,609,402
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Organization Details
Founding Year
2004
Phone
(225) 922-4746Principal Officer
Layne R Mcdaniel
Main Address
100 NORTH ST SUITE 900, BATON ROUGE, LA, 70802
NTEE Category
Code: P125 - Human services
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