Mercer County Bar Foundation Inc
- Assets
- $83.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Trenton, NJ
- Founding
- 08/1996
- Data as of
- 12/2022
- EIN
- 22-3367993
Organization Overview
Mercer County Bar Foundation Inc is located in Trenton, NJ. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercer County Bar Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Mercer County Bar Foundation Inc generated $15.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $20.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angelo Onofri President | 1 | $0 | |
Robert Panzer Vice President | 1 | $0 | |
T Sandberg Durst Secretary | 1 | $0 | |
Anita Mangat Treasurer | 1 | $0 | |
Samantha Iraca Treasurer | 1 | $0 | |
Colleen Crocker Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,134 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $76 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,085 |
| Other Revenue | $1,831 |
| Total Revenue | $15,126 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,265 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $708 |
| Total expenses | $19,973 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,319 |
| Other assets | $0 |
| Total assets | $83,464 |
| Total liabilities | $130 |
| Net assets or fund balances | $83,334 |