Overview
What is Nsbr Facilities Inc?
Nsbr Facilities Inc is a nonprofit organization based in Baton Rouge, Louisiana, with a focus on supporting schools in acquiring and managing facilities. They serve as the administrative arm of New Schools for Baton Rouge, providing pre-development facility support to new charter schools in the area. Through philanthropic donations and their own services, Nsbr Facilities Inc has helped schools construct and finance permanent facilities, offering construction administration, technical assistance, and pre-development services. They also commission professional services in legal and accounting to draft leases and review contracts, thereby contributing to the growth and development of educational institutions in Baton Rouge.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Nsbr Facilities Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The organization's overall score is based entirely on its Accountability & Finance metrics, where it scored 80%. This rating reflects a strong commitment to maintaining transparent and responsible financial practices, which is crucial for donor confidence.
The organization excels in several key areas, including having a fully independent board, with all 10 members being independent. It also demonstrates effective governance by documenting board meeting minutes and maintaining a clear conflict of interest policy. Additionally, Nsbr Facilities Inc showcases a remarkable program expense ratio of 99.90%, indicating that nearly all its funding directly supports its mission-related activities.
However, while the financial health appears robust, the one-dimensional focus on Accountability & Finance may limit a deeper understanding of other operational aspects of the nonprofit. Potential donors and stakeholders may want to explore further beyond financial metrics to assess overall impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Nsbr Facilities Inc legitimate?
Nsbr Facilities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nsbr Facilities Inc 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Nsbr Facilities Inc?
Nsbr Facilities Inc, established as the non-property-owning arm of New Schools for Baton Rouge, serves to support charter schools in Baton Rouge by providing pre-development facility assistance through philanthropic donations. The organization's mission is to aid charter schools in building, accessing, financing, and leasing quality and affordable lease space. This often involves offering pre-development and due diligence services, such as design, surveying, and engineering. Nsbr Facilities Inc also commissions professional services, including legal and accounting, to draft leases, review contracts, and create organizational documents for the schools.
Who is the CEO of Nsbr Facilities Inc?
Kenneth Campbell is the Treasurer of Nsbr Facilities Inc.
What is the revenue of Nsbr Facilities Inc?
Nsbr Facilities Inc's revenue in 2022 was $129,525.
Who are the executives of Nsbr Facilities Inc and what are their salaries?
There 6 volunteers at Nsbr Facilities Inc.
Here are 7 key members and their salaries:
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- Related: $259,753
- Other: $39,919
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Where can I find the form 990 for Nsbr Facilities Inc?
Nsbr Facilities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nsbr Facilities Inc
Nsbr Facilities Inc, serving as the administrative and non-property-owning arm of New Schools for Baton Rouge, has a mission to support the development of charter schools in Baton Rouge. This mission is primarily focused on assisting these schools in acquiring, financing, and leasing quality and affordable lease spaces. This support often extends to providing pre-development and diligence services, such as design, surveying, and engineering. In addition to these services, Nsbr Facilities Inc commissions professional services in legal and accounting, enabling them to draft leases for schools, review contracts, and draw up organizational documents. The ultimate goal of Nsbr Facilities Inc is to assist charter schools in Baton Rouge in building and accessing the necessary facilities to provide quality education.
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Impact
October, 2024
Nsbr Facilities Inc significantly impacts the educational landscape in Baton Rouge by serving as a key facilitator for charter schools in their quest for quality facilities. Through its dedicated support, the organization helps schools navigate the complex process of acquiring, financing, and managing their physical spaces, which is crucial for fostering effective learning environments.
By providing pre-development facility support, NSBR Facilities Inc ensures that new charter schools have access to necessary resources such as design, surveying, and engineering services. This thorough approach not only aids in the construction of permanent facilities but also guarantees that schools can operate in well-maintained spaces that meet educational standards.
The organization also plays a pivotal role in offering construction administration and technical assistance, as evidenced by its successful support of two schools in constructing and financing their facilities in FY 2019. By commissioning professional services in legal and accounting, NSBR Facilities Inc assists schools in drafting leases, reviewing contracts, and creating organizational documents, thus streamlining their operations and enhancing their sustainability.
In summary, Nsbr Facilities Inc's impact lies in its comprehensive support for charter schools, enabling them to thrive in quality physical spaces that ultimately benefit the students and the community of Baton Rouge.
This information is meant to be a general summary of Nsbr Facilities Inc. 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.
- Program Service Revenue: $42,000
- Gross Receipts: $129,525
Assets and Liabilities:
- Total Assets: $249,545
- Total Liabilities: $10,830
- Net Assets: $238,715
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FACILITIES MANAGEMENT
Revenue
$42,000
Organization Details
Founding Year
2017
Phone
(225) 384-0271Principal Officer
Kenneth Campbell
Main Address
100 LAFAYETTE ST 2ND FLOOR, BATON ROUGE, LA, 70801
NTEE Category
Code: B11 - Education
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