Bridgeton Invitational Tournament
- Assets
- $17.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bridgeton, NJ
- Founding
- 10/1985
- Data as of
- 12/2022
- EIN
- 22-2435158
Organization Overview
Bridgeton Invitational Tournament is located in Bridgeton, NJ. The organization was established in 1985. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridgeton Invitational Tournament 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, Bridgeton Invitational Tournament generated $8.8k 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 (6.8%) each year. All expenses for the organization totaled $2.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (28.3%) per year over the past 8 years. 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
2022
Describe the Organization's Program Activity:
Part 3
PROMOTED COMMUNITY INVOLVEMENT AND RECREATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Fischer President | 3 | $0 | |
Stephen Ternay Treasurer | 3 | $0 | |
Carol Musso Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,837 |
| Other Revenue | $950 |
| Total Revenue | $8,796 |
| 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 | $475 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $863 |
| Other expenses | $963 |
| Total expenses | $2,301 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,677 |
| Other assets | $0 |
| Total assets | $17,677 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,677 |