Mission
TO ENHANCE EDUCATIONAL OPPORTUNITIES AND PROMOTE THE GROWTH OF THE COMMUNITIES WE SERVE THROUGH ECONOMIC DEVELOPMENT.
Public Charity
b1 Foundation
b1 Foundation, of Baton Rouge, LA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $217K in revenue, $112K in expenses, $244K in total assets. 2 publicly reported grants to this organization, totaling roughly $40K, appear in IRS filings.
EIN: 844964205
Baton Rouge, LA
Human Service Organizations
NTEE: P20
Latest filing: 2024
Total Revenue$217K
Total Expenses$112K
Total Assets$244K
Grant Records2
Funding Total$40K
Filing Years2020–2024
Where $100 goes at b1 Foundation
How b1 Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
$77
Programs
the work itself
$19
Management
running the organization
$4
Fundraising
raising the next dollar
Inside the $77 for programs
$22
The Governor Charles "Buddy" Roemer Small Business Center provides free financial education and counseling services, as well as rental offices for small businesses and start-ups
$19
To offer financial and educational assistance to community-based organizations
$17
To provide a scholarship fund, and to engage in other charitable and economic development activities
Plus 2 more programs. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.
$16,410
SUPPORT INCUBATORS IN THEIR MISSION OF CREATING, DEVELOPING, AND MENTORING SMALL BUSINESSES.
$23,379
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
DIRECTOR
David R Melville Iii
DIRECTOR, PRESIDENT
Heather Roemer
TREASURER
Melissa Terito
CHAIRMAN OF THE BOARD
Robert Yarborough
SECRETARY
Sue Anne Kleinpeter Cox
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $217K | $112K | $244K |
| 2023 | $106K | $62K | $139K |
| 2022 | $153K | $83K | $95K |
| 2020 | $110K | $101K | $9K |
Between 2020 and 2024, reported annual revenue grew from $110K to $217K (+98%), with total assets most recently reported at $244K.
Interactive year-over-year charts and full filing details available with membership.