BRCC FACILITIES CORPORATION

EIN: 710876144 501(c)(3) Education

BATON ROUGE, LA

Total Revenue
$5,324,703
Total Expenses
$3,383,589
Total Assets
$42,852,822
Net Assets
$10,318,434
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
LA
Principal Officer
FABIAN BLACHE JR
Phone
2253874000
Tax Period
2024-07-01 to 2025-06-30

BRCC FACILITIES CORPORATION, founded in 2002, is a community nonprofit in the Education sector that reported $5.3M in total revenue in fiscal year 2024. The organization ran a surplus of $1.9M, a strong 36% operating margin.

Mission

THE EXEMPT PURPOSE OF THE CORPORATION IS TO CONSTRUCT A NUMBER OF BUILDINGS WITH ACADEMIC FACILITIES AND OFFICES FOR THE BATON ROUGE COMMUNITY COLLEGE (BRCC). THE CORPORATION PRESENTLY LEASES REAL PROPERTY LOCATED IN BATON ROUGE, LOUISIANA FROM THE LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM (LCTCS), A STATE INSTITUTION, AND HAS CONSTRUCTED FACILITIES AND WILL CONSTRUCT ADDITIONAL FACILITIES TO HOUSE THE CAMPUS OF BRCC, A STATE COMMUNITY COLLEGE OPERATED BY THE LCTCS. THE CONSTRUCTION WAS FINANCED THROUGH A BOND ISSUE BY THE LOUISIANA LOCAL GOVERNMENT ENVIRONMENT FACILITIES AND COMMUNITY DEVELOPMENT AUTHORITY (LCDA). THE FACILITIES ARE LEASED TO LCTCS UNDER A NET LEASE WITH AN OPTION TO PURCHASE THE FACILITIES OF BRCC. THE LEASE PAYMENTS FROM THE LEASE WILL BE USED TO REPAY THE BOND FINANCING. THE FUNDS FOR LCTCS TO PAY THE LEASE PAYMENTS WILL BE APPROPRIATED BY THE STATE OF LOUISIANA UNDER A COOPERATIVE ENDEAVOR AGREEMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $775,000
Program Service Revenue $4,366,494
Investment Income $183,209
Other Revenue $0
TOTAL REVENUE $5,324,703

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,354,153
Other Expenses $3,383,589
TOTAL EXPENSES $3,383,589

Year-over-Year Comparison

2024 2023 Change
Revenue $5,324,703 $5,310,943 +0.0%
Expenses $3,383,589 $3,493,188 0.0%
Net Income $1,941,114 $1,817,755 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FABIAN BLACHE JR PRESIDENT 0.00
Officer Director
$0 $0 $0
SEAN REILLY SECRETARY 0.00
Officer Director
$0 $0 $0
JIMMY LYLES TREASURER 0.00
Officer Director
$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
2025 $5,324,703 $3,383,589 $42,852,822 $1,941,114
2024 $5,310,943 $3,493,188 $44,407,367 $1,817,755
2023 $5,180,979 $3,527,703 $45,990,612 $1,653,276
2022 $5,108,648 $3,624,836 $47,760,076 $1,483,812
2021 $1,978,312 $3,791,786 $49,594,547 $-1,813,474
2020 $5,155,661 $6,216,277 $51,109,536 $-1,060,616
2019 $5,250,818 $4,524,866 $53,759,198 $725,952
2018 $5,226,581 $4,939,092 $55,059,299 $287,489
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