Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2018.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
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
6 people listed on the 990.
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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 15aNo
Programs and updates
Provides facility support and pre-development services for new charter schools.
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NSBR facilities inc. Has only one program and that is to support schools' acquisition of facilities in both direct and indirect ways. In fy 2019, facilities inc. Helped two schools construct and finance permanent facilities by providing construction administration and technical assistance. Facilities inc.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $246K | $316K |
| Total assetsLn 16 | $263K | $346K |
| LiabilitiesLn 26 | $300K | $89K |
| Net assetsLn 32 | −$36K | $257K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $978K | $978K | ||
| Legal feesLn 11b | $11K | $10K | $479 | |
| Office expensesLn 13 | $8K | $7K | $622 | |
| OccupancyLn 16 | $500K | $500K | ||
| Other expenses (24a–d)Ln 24 | $4K | $4K | ||
| Total functional expensesLn 25 | $1.5M | $1.5M | $1K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 | $88K | $97K | −$9K | $47K | 990 PDF |
| FY2023 | $100K | $282K | −$182K | $56K | 990 PDF |
| FY2022 | $130K | $148K | −$19K | $239K | 990 PDF |
| FY2021 Viewing | $1.8M | $1.5M | $294K | $257K | 990 PDF |
| FY2020 | $1.3M | $1.5M | −$208K | −$36K | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $1,794,699 revenue, 12 lines filed
Part VI · Governance 5 of 5 board members independent, 3 to look at
Part VIII · Statement of revenue $1,794,699 across 5 lines filed
Part IX · Statement of functional expenses $1,500,974 across 5 lines filed
Part X · Balance sheet $345,896 assets, 9 lines filed
Part XI · Reconciliation of net assets $257,228 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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