Bac Adc of New Jersey Apprentice Training & Educational Fund is a 501(c)(3) organization based in Bordentown, New Jersey, registered in 1971, with $684,198 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$684K
▼ 5.2% vs prior year
Expenses (FY2024)
$482K
Net assets
$3.5M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bac Adc of New Jersey Apprentice Training & Educational Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bac Adc of New Jersey Apprentice Training & Educational Fund: 87 mo reserves · +30% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bac Adc of New Jersey Apprentice Training & Educational Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bac Adc of New Jersey Apprentice Training & Educational Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $499K (FY2013) to $684K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
29.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.5M
Total liabilities
$46K
Net assets
$3.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $684,198▼5.2% | $481,974▼14.0% | $3,495,195▲6.1% | $3,540,824▲0.9% | 990 |
| 2023 | $721,853▲39.2% | $560,187▼6.8% | $3,292,971▲5.2% | $3,508,534▼26.8% | 990 |
| 2022 | $518,724▼18.6% | $601,140▲5.6% | $3,131,305▼5.5% | $4,796,348▲32.8% | 990 |
| 2021 | $637,313▲9.2% | $569,051▲21.1% | $3,314,345▲1.9% | $3,611,473▲9.8% | 990 |
| 2020 | $583,551▼4.7% | $470,092▼8.7% | $3,253,987▲3.6% | $3,288,858▲3.9% | 990 |
| 2019 | $612,430▲0.5% | $514,971▲5.4% | $3,140,528▲4.7% | $3,166,850▲4.3% | 990 |
| 2018 | $609,108▼13.2% | $488,629▲1.0% | $2,998,456▲0.3% | $3,034,849▲0.7% | 990 |
| 2017 | $701,568▼5.2% | $483,897▼8.8% | $2,990,552▲7.8% | $3,013,898▲7.2% | 990 |
| 2016 | $739,820▲24.4% | $530,407▲25.3% | $2,772,881▲8.2% | $2,811,439▲7.7% | 990 |
| 2015 | $594,655▲16.1% | $423,168▲35.6% | $2,563,468▲7.2% | $2,611,640▲8.1% | 990 |
| 2014 | $512,304▲2.8% | $312,116▲1.6% | $2,391,981▲9.1% | $2,415,275▲8.1% | 990 |
| 2013 | $498,557 | $307,050▼21.2% | $2,191,793▲9.6% | $2,233,971▲5.6% | 990 |
| 2012 | — | $389,606 | $2,000,286 | $2,116,214 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Bac Adc of New Jersey Apprentice Training & Educational Fund (EIN 22-7092437) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.