Bedrock Liberty Foundation Inc
- Assets
- $5.1m
- Revenue
- $199.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Lakewood, NJ
- Founding
- 05/2012
- Data as of
- 12/2022
- EIN
- 45-2207620
Organization Overview
Bedrock Liberty Foundation Inc is located in Lakewood, NJ. The organization was established in 2012. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bedrock Liberty 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 12/2022, Bedrock Liberty Foundation Inc generated $199.5k 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 (13.7%) each year. All expenses for the organization totaled $426.9k during the year ending 12/2022. 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 |
|---|---|---|---|
Shimon Soloff Trustee | 1 | $0 | |
Zorich Soloff Trustee | 1 | $0 | |
Frumie Soloff Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $280,604 |
| Dividends & Interest | $30,453 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$111,583 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $199,474 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $275 |
| Total operating and administrative expenses | $2,475 |
| Contributions, gifts, grants paid | $424,400 |
| Total expenses and disbursements | $426,875 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,915,571 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $723,080 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,424,500 |
| Total assets | $5,063,151 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $199,212 |
| Total liabilities | $199,212 |