The Brec Foundation supports the quality of life in the baton rouge area, including providing financial and promotional support to the missions, programs, and facilities of the recreation and parks commission of the parish of east baton rouge.

501(c)(3) charity; gifts are tax-deductible.
61¢ of each $1 spent went to programs.
$140K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $27K a year · 7% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
61%
of spending
Worth a look: 61% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$140K
to officers and key staff · 38% of spending
Concern: pay to officers and key staff is 38% of spending; over 30%.
Pt VII · Sec A
9 mo
of spending, in cash
Plus $906K in investments, Pt X · Ln 11–13
Looks good: 8.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $30K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$130K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 21 voting members
Looks good: 21 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$584K
+31% vs prior year
Spent
$368K
To programs
61%
Net assets
$1.1M
By yearFY2020–FY2024
Revenue
$584K
FY2023▲ +31%
Tap a bar for its year
Revenue by fiscal year
FY2020$208K
FY2021$347K
FY2022$444K
FY2023$584K
FY2024$363K
Expenses
$368K
FY2023▼ -30%
Tap a bar for its year
Expenses by fiscal year
FY2020$235K
FY2021$295K
FY2022$527K
FY2023$368K
FY2024$386K
Net assets
$1.1M
FY2023▲ +28%
Tap a bar for its year
Net assets by fiscal year
FY2020$878K
FY2021$930K
FY2022$825K
FY2023$1.1M
FY2024$1.0M

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

61 cents of each dollar spent went to programs.

Program services 61% · $224K Management & general 20% · $72K Fundraising 20% · $72K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

22 people listed on the 990; $140K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$140,000Pt VII · Sec A
President-Elect
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Immediate Past President
$0Pt VII · Sec A
Chair of Philanthropy
$0Pt VII · Sec A
Chair of Public Relations
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Carl Stages’s $178K as Executive Director is at the 100th percentile of top reported officer pay among 1017 $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

NameFY2024FY2023FY2022FY2021FY2020
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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports Baton Rouge area quality of life through recreation and parks funding.

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Provided by the organization

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1 program · $224K · in their own filed words · FY2023
01

Provided funds to the recreational and parks commission of the parish of east baton rouge for various other programs and facilities at brec.

$224Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$30K
Grants paid · 5 grants · $751K · 2020–2024
BrecFY2024$245,660
BrecFY2023$114,294
BrecFY2022$285,477
BrecFY2021$75,243
BrecFY2020$30,643

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$584K
Ln 12
Gifts and grantsLn 1h$466K
Fees for servicesLn 2g$90K
Investment incomeLn 3$28K
Money outPt IX
$368K
Ln 25
Programscol B$224K
Managementcol C$72K
Fundraisingcol D$72K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$268K
Total assetsLn 16$1.2M
LiabilitiesLn 26$130K
PeoplePt VI, VII
22
listed · VII A
PaidVII A1
Voting boardVI 1a21
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$466K
Government grantsLn 1e$466K
Fees for servicesLn 2g$90K
Investment incomeLn 3$28K
Gains on assetsLn 7$9K
Total revenueLn 12$584K
Assets in detailPt X, end of year
CashLn 1$268K
Cash and savings togetherLn 1–2$268K
InvestmentsLn 11–13$906K
Total assetsLn 16$1.2M
LiabilitiesLn 26$130K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 51
VolunteersI 630
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$808K$268K
InvestmentsLn 11–13$146K$906K
Total assetsLn 16$960K$1.2M
LiabilitiesLn 26$135K$130K
Net assetsLn 32$825K$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$114K$114K
Pay of current officers, directors and key staffLn 5$140K$47K$47K$47K
Pension plan contributionsLn 8$39K$13K$13K$13K
Payroll taxesLn 10$11K$4K$4K$4K
Legal feesLn 11b$8K$3K$3K$3K
Advertising and promotionLn 12$597$199$199$199
Office expensesLn 13$45K$40K$2K$2K
Information technologyLn 14$2K$681$681$681
TravelLn 17$1K$379$379$379
Conferences, conventions and meetingsLn 19$5K$2K$2K$2K
InsuranceLn 23$2K$601$601$601
Other expenses (24a–d)Ln 24$1K$457$457$457
Total functional expensesLn 25$368K$224K$72K$72K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $363K$386K−$23K$1.0M 990 PDF
FY2023 Viewing $584K$368K$216K$1.1M 990 PDF
FY2022 $444K$527K−$83K$825K 990 PDF
FY2021 $347K$295K$52K$930K 990 PDF
FY2020 $208K$235K−$27K$878K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $583,799 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $137,921$465,717
I-9 Program service revenuePrior year $300,000$89,595
I-10 Investment incomePrior year $6,441$28,487
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $444,362$583,799
I-13 Grants and similar amounts paidPrior year $285,477$114,294
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $161,901$189,423
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $79,711$64,244
I-18 Total expensesPrior year $527,089$367,961
I-19 Revenue less expensesPrior year −$82,727$215,838
Part VI · Governance 21 of 21 board members independent, no flags
VI-1a Voting members of the governing body21
VI-1b Independent voting members21
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $583,799 across 6 lines filed
VIII-1e Government grants$465,717
VIII-1h Total contributions, gifts and grants$465,717
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $89,595$89,595
VIII-3 Investment incomeExcluded from tax $19,169$19,169
VIII-7 Net gain or loss on sales of assetsExcluded from tax $9,318$9,318
VIII-12 Total revenueRelated to mission $89,595 · Unrelated business $0 · Excluded from tax $28,487$583,799
Part IX · Statement of functional expenses $367,961 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $114,294$114,294
IX-5 Pay of current officers, directors and key staffPrograms $46,667 · Management $46,667 · Fundraising $46,667$140,001
IX-8 Pension plan contributionsPrograms $12,904 · Management $12,904 · Fundraising $12,904$38,712
IX-10 Payroll taxesPrograms $3,570 · Management $3,570 · Fundraising $3,570$10,710
IX-11b Legal feesPrograms $2,627 · Management $2,627 · Fundraising $2,627$7,881
IX-12 Advertising and promotionPrograms $199 · Management $199 · Fundraising $199$597
IX-13 Office expensesPrograms $40,469 · Management $2,121 · Fundraising $2,121$44,711
IX-14 Information technologyPrograms $681 · Management $681 · Fundraising $681$2,043
IX-17 TravelPrograms $379 · Management $379 · Fundraising $379$1,137
IX-19 Conferences, conventions and meetingsPrograms $1,567 · Management $1,567 · Fundraising $1,567$4,701
IX-23 InsurancePrograms $601 · Management $601 · Fundraising $601$1,803
IX-24 Other expenses (24a–d)Programs $457 · Management $457 · Fundraising $457$1,371
IX-25 Total functional expensesPrograms $224,415 · Management $71,773 · Fundraising $71,773$367,961
Part X · Balance sheet $1,184,467 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $808,091$268,146
X-4 Accounts receivableStart of year $5,257$9,836
X-11 Publicly traded securitiesStart of year $146,231$906,485
X-16 Total assetsStart of year $959,579$1,184,467
X-17 Accounts payable and accrued expensesStart of year $5,063$0
X-25 Other liabilitiesStart of year $129,802$130,241
X-26 Total liabilitiesStart of year $134,865$130,241
X-27 Net assets without donor restrictionsStart of year $291,646$256,558
X-28 Net assets with donor restrictionsStart of year $533,068$797,668
X-32 Total net assets or fund balancesStart of year $824,714$1,054,226
X-33 Total liabilities and net assetsStart of year $959,579$1,184,467
Part XI · Reconciliation of net assets $1,054,226 net assets at year end
XI-1 Total revenue$583,799
XI-2 Total expenses$367,961
XI-3 Revenue less expenses$215,838
XI-4 Net assets at start of year$824,714
XI-5 Net unrealized gains (losses) on investments$13,674
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,054,226

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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