Nassau Bar Foundation Inc is located in Mineola, NY. The organization was established in 1949. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2022, Nassau Bar Foundation Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nassau 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 06/2022, Nassau Bar Foundation Inc generated $784.6k 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 (4.0%) each year. All expenses for the organization totaled $747.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Nassau Bar Foundation Inc has awarded 95 individual grants totaling $1,230,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ESTABLISH, CONDUCT AND OPERATE CHARITABLE PROGRAMS SEEKING TO ENHANCE THE WELL-BEING AND FUNCTIONING OF INDIVIDUALS ESPECIALLY THE WELL-BEING AND FUNCTIONING OF CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ESTABLISH, CONDUCT, AND OPERATE CHARITABLE PROGRAMS SEEKING TO ENHANCE THE WELL-BEING AND FUNCTIONING OF INDIVIDUALS ESPECIALLY THE WELL-BEING AND FUNCTIONING OF CHILDREN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard D Collins Director | Trustee | 1 | $0 |
Dorian R Glover President | OfficerTrustee | 1 | $0 |
Jacqueline A Cara Director | Trustee | 1 | $0 |
Deanne Caputo Director | Trustee | 1 | $0 |
James Joseph Director | Trustee | 1 | $0 |
Gregory S Lisi Treasurer | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $463,545 |
All other contributions, gifts, grants, and similar amounts not included above | $81,924 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $545,469 |
Total Program Service Revenue | $0 |
Investment income | $402 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $238,692 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $784,563 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $248,500 |
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 | $225,418 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $61,796 |
Payroll taxes | $19,703 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,298 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $9,000 |
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 | $2,933 |
Insurance | $5,977 |
All other expenses | $29,809 |
Total functional expenses | $747,085 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $814,195 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $78,265 |
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 | $26,798 |
Net Land, buildings, and equipment | $37,894 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $125,752 |
Total assets | $1,082,904 |
Accounts payable and accrued expenses | $15,470 |
Grants payable | $0 |
Deferred revenue | $39,189 |
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 | $0 |
Total liabilities | $54,659 |
Net assets without donor restrictions | $1,009,163 |
Net assets with donor restrictions | $19,082 |
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 | $1,082,904 |
Over the last fiscal year, Nassau Bar Foundation Inc has awarded $179,500 in support to 12 organizations.
Grant Recipient | Amount |
---|---|
BETHANY HOUSE OF NASSAU CO PURPOSE: Charitable | $7,500 |
CHRISTMAS DREAM PURPOSE: Charitable | $23,500 |
HICKSVILLE BOYS & GIRLS CLUB PURPOSE: Charitable | $11,000 |
INTERFAITH NUTRITION NETWORK PURPOSE: Charitable | $16,500 |
LICADD PURPOSE: Charitable | $15,000 |
ISLAND HARVEST PURPOSE: Charitable | $7,500 |