New Jersey Hispanic Bar Foundation Inc is located in Newark, NJ. The organization was established in 1991. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Jersey Hispanic 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 12/2023, New Jersey Hispanic Bar Foundation Inc generated $60.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $6.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIP GIVEN TO LAW STUDENTS BASED ON ACADEMICS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anna Maria Tejada President | 2 | $0 | |
Carlos Bollar Vice President | 2 | $0 | |
Michael Plata Treasurer | 2 | $0 | |
Julia Lopez Secretary | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $55,000 |
| Other Revenue | $5,412 |
| Total Revenue | $60,412 |
| 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 | $0 |
| Other expenses | $6,102 |
| Total expenses | $6,102 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,381 |
| Other assets | $0 |
| Total assets | $232,890 |
| Total liabilities | $19,275 |
| Net assets or fund balances | $213,615 |