Bronxville Derby Association Inc is located in Bronxville, NY. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bronxville Derby Association 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, Bronxville Derby Association Inc generated $28.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $27.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DERBY TOURNAMENT - THE FOUNDATION'S GATHERING OF LIKE-MINDED INDIVIDUALS COMING TOGETHER TO RAISE FUNDS FOR THE FOUNDATION'S CHARITABLE INITIATIVES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy C Mcgrath Director | 0 | $0 | |
Brian Buttigieg President | 0 | $0 | |
Matthew Wetty Secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $16,087 |
| Interest on Savings | $22 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $12,290 |
| Total Revenue | $28,399 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $2,159 |
| Other expenses | $16,270 |
| Total operating and administrative expenses | $18,429 |
| Contributions, gifts, grants paid | $9,500 |
| Total expenses and disbursements | $27,929 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,085 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,085 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Bronxville Derby Association Inc has awarded $21,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
GRAMATAN VILLAGE PURPOSE: FUNDING FOR THE GOALS OF THE GRAMATAN VILLAGE | $1,000 |
BEREAVEMENT CENTER OF WESTCHESTER PURPOSE: CONTRIBUTION TO THE BEREAVEMENT CENTER TO HELP THEM ACHIEVE THEIR GOALS | $2,000 |
JANSEN HOSPICE PURPOSE: FUNDING FOR THE GOALS OF THE JANSEN HOSPICE | $2,000 |
THE COUNSELING CENTER PURPOSE: FUNDING FOR THE GOALS OF THE COUNSELING CENTER. | $3,000 |
COMMUNITY FUND OF BRONXVILLE PURPOSE: FUNDING FOR THE GOALS OF THE COMMUNITY FUND OF BRONXVILLE EASTCHESTER TUCKAHOE. | $4,000 |
SIWANOY COUNTRY CLUB EMPLOYEE FUND PURPOSE: CONTRIBUTION TO THE SIWANOY EMPLOYEE FUND TO HELP THEM ACHIEVE THEIR GOALS | $2,000 |