Bergen County Bar Foundation Inc
- Assets
- $642.8k
- Revenue
- $55.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Hackensack, NJ
- Founding
- 03/1991
- Data as of
- 12/2021
- EIN
- 22-3107113
Organization Overview
Bergen County Bar Foundation Inc is located in Hackensack, NJ. The organization was established in 1991. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Bergen County Bar Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bergen County 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 12/2021, Bergen County Bar Foundation Inc generated $55.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $83.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND SUPPORT THE SCIENCE OF JURISPRUDENCE THROUGH GRANTS, SCHOLARSHIPS, SEMINARS AND CHARITABLE ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP PROGRAM - IN FURTHURANCE OF ITS GOAL OF PROMOTING THE STUDY OF LAW- NO SCHOLARSHIPS WERE AWARDED IN 2020 DUE TO THE COVID PANDEMIC
COMMUNITY LEGAL EDUCATION SEMINAR PROGRAM - TO PROMOTE THE PUBLIC'S KNOWLEGE OF THE LAW AND THEIR LEGAL RIGHTS. NO SEMINARS WERE PRSENTED DUE TO THE COVID PANDEMIC IN 2020
COMMUNITY AFFAIRS - TO PROMOTE CHARITABLE ACTIVITIES AND COMMUNITY INVOLVEMENT. NO ACTIVITIES WERE CARRIED ON DURING 2020 DUE TO THE COVID PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Jx Kahwaty Past President | Officer | 0 | $0 |
Hubert Klein Treasurer | Officer | 0 | $0 |
Linda H Schwager Secretary | Officer | 0 | $0 |
Cynthia Petrowsky Vice President | Officer | 0 | $0 |
Carmine Alampi Trustee | Trustee | 0 | $0 |
John Bartnick Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,445 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,445 |
| Total Program Service Revenue | $13,590 |
| Investment income | $13 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$7,368 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $32,987 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $55,667 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,223 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,216 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $921 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,769 |
| Advertising and promotion | $1,570 |
| Office expenses | $403 |
| Information technology | $1,744 |
| Royalties | $0 |
| Occupancy | $23,930 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,332 |
| Insurance | $548 |
| All other expenses | $150 |
| Total functional expenses | $83,871 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,953 |
| Savings and temporary cash investments | $41,761 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $577,052 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $66 |
| Total assets | $642,832 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,785 |
| Total liabilities | $6,785 |
| Net assets without donor restrictions | $636,047 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $642,832 |
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