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CHARITY REVIEW
Issued: June 2026 Expires: June 2028

SBP

Standards Not Met
Standards Not Met
7 14 16
(504) 277-6831
2645 Toulouse Street
New Orleans, LA, 70119
https://www.sbpusa.org/
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Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

SBP does not meet the following 3 Standards for Charity Accountability:

Standard 7 (Board Approval of Written Report on Effectiveness)
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.

SBP does not meet this Standard because:

  • The organization did not produce a written report outlining the results of its effectiveness assessment performed in November 2025.

Standard 14 (Budget)
Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.

SBP does not meet this Standard because, when the organization provided 2026 budget information, it indicated that the budget:

  • Did not identify total projected fundraising expenses.
  • Did not identify total projected administrative expenses.

Standard 16 (Annual Report)
Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.

SBP does not meet this Standard because the 2025 annual report did not include:

  • A roster of the organization's board of directors.
  • The organization's financial information for the year ended December 31, 2025.

SBP meets the remaining 17 Standards for Charity Accountability.

Stated Purpose:
"to help families recover faster and communities rebuild stronger after disasters."

Year, State Incorporated:
2008, LA

SBP reports that it works to rebuild the homes for those affected by a natural disaster, including floods, hurricanes, and tornadoes. Low-income individuals and those that are uninsured are prioritized. The organization seeks improve policies and empower state and local government leaders to provide fast, predictable, fair, and efficient recovery assistance. SBP offers technical assistance, training, and capacity strengthening programs to support local nonprofit and government partners to lead long-term recovery efforts.

For the year ended December 31, 2024, SBP's program expenses were:

Rebuilding $19,105,311
Disaster resilience and recovery lab $2,029,766
Opportunity housing $1,994,717
Total Program Expenses $23,129,794

Chief Executive
Carol Markowitz, Chief Executive Officer

Compensation*
$397,159

Chair of the Board
Tim Brady

Chair's Profession / Business Affiliation
Chief Executive Officer, QuestBridge

Board Size
16

Paid Staff Size
103

*2025 compensation, as reported by the organization, includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Direct mail appeals, Telephone appeals, Invitations to fund raising events, Grant proposals, Internet, Planned giving arrangements, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Workplace Giving

Fundraising costs were 1% of related contributions. (Related contributions, which totaled $20,188,151, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on SBP's audited financial statements - consolidated for the year ended December 31, 2024.

Source of Funds
Grants $14,919,066
Other income $5,161,944
Contributions $4,762,854
Sale of properties $784,919
Interest and dividend income $733,535
In-kind contributions $506,231
Realized and unrealized gain on investments $310,298
Property management fees $233,502
Gain on sale of assets $156,750
Opportunity housing income $121,464
Vendor incentives $107,708
Homeowner funding $106,423
Total Income $27,904,514

Programs: 90% Fundraising: 1% Administrative: 9%

Total Income $27,904,514
Total expenses: $25,756,062
  Program expenses $23,129,794
  Fundraising expenses $179,833
  Administrative expenses $2,446,435
  Other expenses $0
Income in Excess of Expenses $2,148,452
Beginning Net Assets $32,601,086
Other Changes In Net Assets $0
Ending Net Assets $34,949,538
Total Liabilities $15,158,009
Total Assets $50,107,547

Note: According to SBP's audited financial statements - consolidated - for the year ended December 31, 2024, the organization received $506,231 in donated services.

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Wise Giving Alliance