Brec Foundation FY2023 filing
Supports Baton Rouge area quality of life through recreation and parks funding. For fiscal year 2023 it reported $584K in revenue, $368K in expenses, and $1.1M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Recreation & Sports
- Location
- Baton Rouge, LA
- Website
- brecfoundation.org
- Filings
- 5 on file (2020–2023)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
Provided funds to the recreational and parks commission of the parish of east baton rouge for various other programs and facilities at brec.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Carl Stages’s $178K as Executive Director is at the 100th percentile of top reported officer pay among 1018 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Carl Stages | $177,692 | $140,000 | $136,049 | $132,730 | — |
| Carl H Stages | — | — | — | — | $131,090 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 61% | — | — |
| Overhead ratio | 20% | — | — |
| Fundraising cost ratio | 15% | — | — |
| Revenue growth | 31% | — | — |
| Legal fee ratio | 2% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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