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Nonprofit · EIN 68-0526294

BREC FOUNDATION

Tax-exempt · BATON ROUGE, LA 70806

Financials

$584K$368K2023$363K$386K2024
Revenue Expenses · by fiscal year end
Financials of BREC FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$363,185$386,078-$22,893$1,042,914$1,801$1,041,113
December 31, 2023990$583,799$367,961$215,838$1,184,467$130,241$1,054,226
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$282,211
Program service revenue
$45,406
Investment income
$35,568
Net gain from sales of assets
$24,841
Other revenue
$0

Expenses

Grants and similar amounts paid
$245,660
Other salaries and wages
$52,104
Salaries, compensation and benefits (total)
$82,903
Professional fundraising fees
$0
Legal fees
$32,100
Occupancy
$979
Travel
$267
Program services (functional)
$333,392
Management and general (functional)
$32,931
Fundraising (functional)
$19,755

Balance sheet and other

Total assets, start of year
$1,184,467
Total assets, end of year
$1,042,914
Total liabilities, end of year
$1,801
Net assets, end of year
$1,041,113
Publicly traded securities
$85,609
Net assets without donor restrictions
$226,789
Net assets with donor restrictions
$814,324
Gross receipts
$363,185
Employees
1
Volunteers
0
Year formed
2002
State of legal domicile
LA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CARL STAGESEXECUTIVE DIRECTOR
Trustee or director, Officer
40$177,692
ZACH CORBINPRESIDENT
Trustee or director, Officer
1$0
WILL CHADWICKSECRETARY
Trustee or director, Officer
1$0
BOBBY VARNAUTREASURER
Trustee or director, Officer
1$0
ROY HEIDELBERGIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
1$0
JEFF ANDRYDIRECTOR
Trustee or director
1$0
BRAD ALLENDIRECTOR
Trustee or director
1$0
MAXINE CORMIERDIRECTOR
Trustee or director
1$0
JAMES DUTSCHKEDIRECTOR
Trustee or director
1$0
JAMES GILMOREDIRECTOR
Trustee or director
1$0
MARCIA BLANCHARDDIRECTOR
Trustee or director
1$0
ELLEN MCKNIGHTDIRECTOR
Trustee or director
1$0
SHANE MORRISONDIRECTOR
Trustee or director
1$0
ADAM PARKERAT LARGE
Trustee or director, Officer
1$0
JENNIFER GRAVES ROMERODIRECTOR
Trustee or director
1$0
10 more people on this return
NameTitleHours / weekCompensation
JOSH SMITHDIRECTOR
Trustee or director
1$0
BOBBY VARNAUDIRECTOR
Trustee or director
1$0
BYRON WASHINGTONDIRECTOR
Trustee or director
1$0
MARYBETH WILKERSONDIRECTOR
Trustee or director
1$0
KATHERINE CRIFASIDIRECTOR
Trustee or director
1$0
JOHN GRINTONDIRECTOR
Trustee or director
1$0
LANDON HESTERDIRECTOR
Trustee or director
1$0
JACOB ROLANDDIRECTOR
Trustee or director
1$0
MONICA VELA-VICKDIRECTOR
Trustee or director
1$0
ROSSIE WASHINTON JRDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 22 people
NameTitleHours / weekCompensation
CARL STAGESEXECUTIVE DIRECTOR
Officer
40$140,000
ROY HEIDELBERGPRESIDENT
Trustee or director, Officer
1$0
ZACH CORBINPRESIDENT-ELECT
Trustee or director, Officer
1$0
WILL CHADWICKSECRETARY
Trustee or director, Officer
1$0
JACOB WAGUESPACKTREASURER
Trustee or director, Officer
1$0
BRYAN CAMERLINCKIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
1$0
HITESH CHHEDACHAIR OF PHILANTHROPY
Trustee or director, Officer
1$0
ANITA BYRNECHAIR OF PUBLIC RELATIONS
Trustee or director, Officer
1$0
JEFF ANDRYDIRECTOR
Trustee or director
1$0
GREG BEYERDIRECTOR
Trustee or director
1$0
MAXINE CORMIERDIRECTOR
Trustee or director
1$0
JAMES DUTSCHKEDIRECTOR
Trustee or director
1$0
JAMES GILMOREDIRECTOR
Trustee or director
1$0
JOHN GRINTONDIRECTOR
Trustee or director
1$0
ELLEN MCKNIGHTDIRECTOR
Trustee or director
1$0
SHANE MORRISONDIRECTOR
Trustee or director
1$0
ADAM PARKERDIRECTOR
Trustee or director
1$0
JENNIFER GRAVES ROMERODIRECTOR
Trustee or director
1$0
JOSH SMITHDIRECTOR
Trustee or director
1$0
BOBBY VARNAUDIRECTOR
Trustee or director
1$0
BYRON WASHINGTONDIRECTOR
Trustee or director
1$0
MARYBETH WILKERSONDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
6201 FLORIDA BLVD, BATON ROUGE, LA 70806-4467
In care of
% CARL STAGES
Principal officer (990 for 2024)
BOBBY VARNAU, 6201 FLORIDA BLVD, BATON ROUGE, LA 70806
Signed the 990
BOBBY VARNAU, TREASURER
Phone
(225) 226-7381
Return prepared by
FAULK & WINKLER LLC

Mission

THE MISSION OF BREC FOUNDATION IS TO RAISE FUNDS FOR PARKS AND RECREATION TO BENEFIT THE HEALTH, WELFARE, AND CULTURE FOR ALL CITIZENS AND VISITORS OF EAST BATON ROUGE PARISH. WE ACT AS GOOD STEWARDS OF FUNDS ENTRUSTED TO US BY OUR DONORS AND ABIDE BY THEIR WISHES AND DIRECTIVES. WE FACILITATE AND SUPPORT INNOVATION, SOUND CORPORATE GOVERNANCE, AND THE DEVELOPMENT OF MEANINGFUL PARTNERSHIPS TO FURTHER OUR MISSION AND PROVIDE OPPORTUNITIES TO OUR MEMBERS.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDED FUNDS TO THE RECREATIONAL AND PARKS COMMISSION OF THE PARISH OF EAST BATON ROUGE FOR VARIOUS OTHER PROGRAMS AND FACILITIES AT BREC.
    Expenses $333,392 · grants $245,660 · revenue $45,406

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
68-0526294
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2003
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,042,914
Income (IRS master file)
$363,185

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$363,185$386,078$1,042,914XML
990December 2023$583,799$367,961$1,184,467XML
990December 2022$444,362$527,089$959,579IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 68-0526294).

Questions about BREC FOUNDATION

What is the EIN of BREC FOUNDATION?
The employer identification number (EIN) of BREC FOUNDATION is 68-0526294.
Is BREC FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to BREC FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BREC FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BREC FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BREC FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BREC FOUNDATION?
The 990 for the year ended December 31, 2024 names BOBBY VARNAU.
Who are the officers and directors of BREC FOUNDATION?
The 990 for the year ended December 31, 2024 lists 25 people; 1 received compensation from the organization, the highest $177,692 (CARL STAGES, EXECUTIVE DIRECTOR).
How much revenue does BREC FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $363,185, expenses of $386,078 and total assets of $1,042,914 at year end.

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