Bad Bets Inc
- Assets
- $99.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- Data as of
- 12/2019
- EIN
- 81-3386477
Organization Overview
Bad Bets Inc, operating under the name Trenton's Bad Bet, is located in Alexandria, VA. Trenton's Bad Bet is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2019, Trenton's Bad Bet generated $64.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (39.2%) each year. All expenses for the organization totaled $118.5k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
BAD BETS, INC. CONTINUES TO INFORM NEW JERSEY RESIDENTS ABOUT THE PITFALLS OF GAMING EXPANSION OUTSIDE OF ATLANTIC CITY THROUGH GRASSROOTS ORGANIZING AND PUBLIC RELATIONS EFFORTS. BY ENGAGING WITH MUNICIPAL OFFICIALS, UNION LEADERS, SMALL BUSINESS OWNERS, AND OTHER LOCAL LEADERS, BAD BETS, INC. HAS MAINTAINED AND GROWN A COALITION COMMITTED TO UPHOLDING THE WILL OF VOTERS WHO OVERWHELMINGLY REJECTED QUESTION ONE IN 2016. THESE EFFORTS HAVE HELPED TO PROTECT NEW JERSEY'S ECONOMY, INCLUDING THE MANY JOBS THAT DEPEND ON A SUCCESSFUL AND THRIVING ATLANTIC CITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patty Abrahamsen Director | 0 | $0 | |
Greg Balderacchi Director & Secretary | 0 | $0 | |
Bob Mcdevitt Director | 0 | $0 | |
Bill Cortese Executive Director | 0 | $0 | |
Chris Marston Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,510 |
| 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 | $118,505 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31 |
| Total expenses | $118,536 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99 |
| Other assets | $0 |
| Total assets | $99 |
| Total liabilities | $0 |
| Net assets or fund balances | $99 |