Monmouth Bar Foundation
- Assets
- $212.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Eatontown, NJ
- Founding
- 06/1986
- Data as of
- 12/2022
- EIN
- 22-2672287
Organization Overview
Monmouth Bar Foundation is located in Eatontown, NJ. The organization was established in 1986. According to its NTEE Classification (I12) the organization is classified as: Fund Raising & Fund Distribution, 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. Monmouth Bar Foundation 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, Monmouth Bar Foundation generated $25.6k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $27.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas J Smith III ESQ President | 1 | $0 | |
Daniel J O'hern ESQ Vice President | 1 | $0 | |
Noel S Tonneman ESQ Treasurer | 2 | $0 | |
Toby Grabelle ESQ Secretary | 1 | $0 | |
Julia Alonso ESQ Trustee | 1 | $0 | |
Kevin Moriarty ESQ Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,175 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10,089 |
| Gain or Loss | $5,311 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,575 |
| 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 | $2,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $63 |
| Other expenses | $355 |
| Total expenses | $27,418 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $212,270 |
| Other assets | $0 |
| Total assets | $212,270 |
| Total liabilities | $0 |
| Net assets or fund balances | $212,270 |