THE CREDIT BUREAU OF BATON ROUGE FOUNDATION

EIN: 200665987 501(c)(3) Human Services

BATON ROUGE, LA

Total Revenue
$1,725,211
Total Expenses
$1,439,056
Total Assets
$23,288,879
Net Assets
$23,281,279
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
LA
Principal Officer
LAYNE R MCDANIEL
Phone
2259224746
Tax Period
2023-01-01 to 2023-12-31

THE CREDIT BUREAU OF BATON ROUGE FOUNDATION, founded in 2004, is a community nonprofit in the Human Services sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 193% from the prior year, signaling strong growth momentum. The organization ran a surplus of $286K, a strong 17% operating margin.

Mission

THE CREDIT BUREAU OF BATON ROUGE FOUNDATION PROMOTES A BETTER UNDERSTANDING OF THE CONSUMER CREDIT SYSTEM AND PERSONAL MONEY MANAGEMENT SO EVERYONE CAN ACHIEVE GREATER SUCCESS IN LIFE. WE SEEK TO CREATE AN ECONOMICALLY COMPETITIVE AND THRIVING LOUISIANA WHERE SYSTEM AND PERSONAL MONEY MANAGEMENT SO EVERYONE CAN ACHIEVE GREATER SUCCESS IN LIFE. WE SEEK TO CREATE AN ECONOMICALLY COMPETITIVE AND THRIVING LOUISIANA WHERE EVERYONE HAS THE OPPORTUNITY TO REACH THEIR FULL POTENTIAL BECAUSE THEY HAVE THE TOOLS AND SKILLS TO ACHIEVE THEIR DREAMS. WE SUPPORT ORGANIZATIONS AND INITIATIVES IN LOUISIANA THAT PROMOTE SELF-SUFFICIENCY AND FAMILY AND COMMUNITY STABILITY. WE ARE CHAMPIONS FOR COLLABORATION, INNOVATION AND CREATIVE SOLUTIONS THAT ADDRESS THE CHALLENGES FACING COMMUNITIES ACROSS OUR STATE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $1,725,211
Other Revenue $0
TOTAL REVENUE $1,725,211

Expense Breakdown

Grants Paid $1,190,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,292,213
Other Expenses $248,556
TOTAL EXPENSES $1,439,056

Year-over-Year Comparison

2023 2022 Change
Revenue $1,725,211 $589,715 +1.9%
Expenses $1,439,056 $1,640,309 -0.1%
Net Income $286,155 $-1,050,594 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD ALLEN TRUSTEE 1.00
Director
$0 $0 $0
TERRELL BROWN TRUSTEE 1.00
Director
$0 $0 $0
WJ NOEL JR TRUSTEE 1.00
Director
$0 $0 $0
SUSAN LEAKE TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM G LOCKWOOD TRUSTEE 1.00
Director
$0 $0 $0
CRAIG NETTERVILLE TRUSTEE 1.00
Director
$0 $0 $0
BEAU OLINDE TRUSTEE 1.00
Director
$0 $0 $0
PRESTON PETERSON TRUSTEE 1.00
Director
$0 $0 $0
RONNIE STEPHENS TRUSTEE 1.00
Director
$0 $0 $0
STEVE UFFMAN TRUSTEE 1.00
Director
$0 $0 $0
ROBERT D WESTERMAN TRUSTEE 1.00
Director
$0 $0 $0
LAYNE R MCDANIEL PRESIDENT 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,725,211 $1,439,056 $23,288,879 $286,155
2022 $589,715 $1,640,309 $22,609,402 $-1,050,594
2021 $1,414,019 $1,863,162 $26,265,049 $-449,143
2020 $771,261 $1,396,054 $23,892,083 $-624,793
2019 $771,596 $1,265,667 $23,238,865 $-494,071
2018 $1,438,610 $1,182,119 $21,399,745 $256,491
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