Mercadien Foundation Inc
- Assets
- $9.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hamilton, NJ
- Founding
- 11/2019
- EIN
- 22-3740144
Organization Overview
Mercadien Foundation Inc is located in Hamilton, NJ. The organization was established in 2019. 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. Mercadien 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 undefined, Mercadien Foundation Inc generated $10.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (39.5%) each year. All expenses for the organization totaled $5.8k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (47.2%) per year over the past 4 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
Describe the Organization's Program Activity:
Part 3
CASUAL FOR A CAUSE (FKA JEANS FOR CHARITY)ASSOCIATES OF THE MERCADIEN GROUP ARE PERMITTED TO WEAR JEANS TO WORK IF THEY CONTRIBUTE A MINIMUM OF $5.00 TO THE FOUNDATION TO BE DISTRIBUTED TO A PRE-DESIGNATED AND QUALIFIED PUBLIC CHARITY IN THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Conrad Druker Director | 0.5 | $0 | |
Jack Fein Director | 0.5 | $0 | |
Marguerite Mount Director / President | 2 | $0 | |
Sherise Ritter Director | 1 | $0 | |
Digesh Patel Director | 0.5 | $0 | |
Eleanor Horne Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,595 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,595 |
| Statement of Expenses | |
|---|---|
| Total expenses | $5,849 |
| Balance Sheet | |
|---|---|
| Total assets | $9,351 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,351 |