Gregg Bitondo Memorial Foundation Inc
- Assets
- $131.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newton, NJ
- Founding
- 02/2009
- Data as of
- 12/2018
- EIN
- 26-1087745
Organization Overview
Gregg Bitondo Memorial Foundation Inc is located in Newton, NJ. The organization was established in 2009. 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. Gregg Bitondo Memorial 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 12/2018, Gregg Bitondo Memorial Foundation Inc generated $7.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (18.6%) each year. All expenses for the organization totaled $10.0k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION PROVIDES EDUCATIONAL SCHOLARSHIPS TO STUDENTS IN NEED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Bitondo Executive Director | 1 | $0 | |
Bonnie Bitondo Treasurer | 1 | $0 | |
Dana Bitondo Secretary | 1 | $0 | |
Bryan Bitondo Board Member | 1 | $0 | |
Richard Esteves Board Member | 1 | $0 | |
Donna Esteves Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,345 |
| Gain or Loss | $3,333 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,678 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $70 |
| Other expenses | $2,145 |
| Total expenses | $9,965 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $131,658 |
| Other assets | $0 |
| Total assets | $131,658 |
| Total liabilities | $0 |
| Net assets or fund balances | $131,658 |