Overview
What is Bergen County Bar Foundation?
Bergen County Bar Foundation is a nonprofit organization located at 15 Bergen Street, Hackensack, New Jersey 07601. With a team of three dedicated individuals, the foundation is committed to promoting and supporting the field of jurisprudence. They achieve this by providing grants, scholarships, organizing seminars, and engaging in charitable activities. As part of their mission, they recently sponsored the video production of mock trials to further the study of law. The foundation's scholarship program is a crucial aspect of their work, aiming to encourage and support individuals pursuing a career in law.
Official website here: www.bcbfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 59%, One-Star out of Four Stars
The Bergen County Bar Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The foundation's overall score reflects a lack of independent board members and requires improvement in governance metrics. While the organization has not diverted assets and maintains essential policies, it struggles with document retention practices and posting important tax documents on its website.
Strengths of the foundation include compliance with conflict of interest and whistleblower policies, as well as a low liabilities to assets ratio, suggesting financial stability. However, the absence of independent board members raises questions about oversight and decision-making transparency. The program expense ratio indicates that a substantial portion of its budget is directed toward programmatic efforts, yet this metric alone does not compensate for the governance weaknesses identified.
Overall, while the Bergen County Bar Foundation has some positive attributes, the lack of independent oversight and certain documentation shortcomings highlight areas that need immediate attention for improved accountability. Stakeholders and potential donors should consider these factors carefully when assessing the foundation's effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Bergen County Bar Foundation legitimate?
Bergen County Bar Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bergen County Bar Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,258
For more financial information, click here
Official website here: www.bcbfoundation.org
What is the mission statement of Bergen County Bar Foundation?
The Bergen County Bar Foundation's mission is centered around promoting and supporting the field of jurisprudence. They achieve this through various means, including grant distributions, scholarship programs, seminars, and charitable activities. One of their initiatives includes sponsoring the production of mock trial videos to further encourage the study of law. The foundation's aim is to contribute to the scientific aspect of jurisprudence, thereby supporting the legal community.
Official website here: www.bcbfoundation.org
Who is the CEO of Bergen County Bar Foundation?
Donald M Onorato is the Trustee of Bergen County Bar Foundation.
Official website here: www.bcbfoundation.org
What is the revenue of Bergen County Bar Foundation?
Bergen County Bar Foundation's revenue in 2022 was $66,178.
Official website here: www.bcbfoundation.org
Who are the executives of Bergen County Bar Foundation and what are their salaries?
The average compensation at Bergen County Bar Foundation during 2022 was $6,419. There are 3 employees at Bergen County Bar Foundation.
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Official website here: www.bcbfoundation.org
Where can I find the form 990 for Bergen County Bar Foundation?
Bergen County Bar Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bcbfoundation.org
Learn more at the official website: www.bcbfoundation.org
Mission Statement of Bergen County Bar Foundation
The Bergen County Bar Foundation, an esteemed organization, is committed to fostering and upholding the discipline of jurisprudence. They achieve this objective through various means, including grant distributions, scholarship programs, and educational seminars. One of their significant initiatives is the sponsorship of mock trial video productions, furthering their aim to encourage the study of law. In essence, the foundation's mission lies in promoting and supporting the science of jurisprudence in various capacities.
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Impact
August, 2024
The Bergen County Bar Foundation's impact lies in its commitment to promoting and supporting the science of jurisprudence through various initiatives. This includes providing grants, scholarships, seminars, and engaging in charitable activities. One notable program is the scholarship program aimed at furthering the study of law. Additionally, the Foundation sponsors the video production of mock trials, enhancing students' understanding of legal proceedings. Through its activities, the Foundation contributes to the advancement of legal education and supports the development of future legal professionals.
This information is meant to be a general summary of Bergen County Bar Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $12
- Program Service Revenue: $30,000
- Gross Receipts: $121,629
Assets and Liabilities:
- Total Assets: $632,124
- Total Liabilities: $5,813
- Net Assets: $626,311
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS
Revenue
$30,000
SEMINARS AND TRAINING
Organization Details
Founding Year
1990
Phone
(201) 488-0433Principal Officer
Donald M Onorato
Main Address
15 BERGEN STREET, HACKENSACK, NJ, 07601
Website
www.bcbfoundation.orgNTEE Category
Code: A330 - Arts
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