Bar X Project Inc is a 501(c)(3) organization based in Berlin, New Jersey, registered in 2022, with $168,572 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$169K
▲ 107.8% vs prior year
Public Benefit median: $140K
Expenses (FY2024)
$102K
Net assets
$189K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Bar X Project Inc— 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 Bar X Project Inc: 22 mo reserves · +39% margin earns a A 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 Bar X Project Inc— 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 Bar X Project Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $83K (FY2020) to $169K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
39.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$189K
Net assets
$189K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $168,572▲108% | $102,168▲80.4% | $189,236▲54.1% | $189,236▲54.1% | 990EZ |
| 2023 | $81,108▼31.0% | $56,643▼33.9% | $122,832▲24.9% | $122,832▲24.9% | 990EZ |
| 2022 | $117,550▼12.2% | $85,699▼25.6% | $98,367▲47.9% | $98,367▲47.9% | 990EZ |
| 2021 | $133,908▲61.7% | $115,201▲64.0% | $66,516▲39.1% | $66,516▲39.1% | 990EZ |
| 2020 | $82,799 | $70,226 | $47,809 | $47,809 | 990EZ |
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.
4 grants to Bar X Project Inc totaling $75K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Greater Houston Community Foundation | Human services | 2023 | $15,000 |
| Greater Houston Community Foundation | Human services | 2022 | $15,000 |
| Greater Houston Community Foundation | Human services | 2021 | $15,000 |
| Greater Houston Community Foundation | Human services | 2019 | $30,000 |
Explore more
Data for Bar X Project Inc (EIN 47-2219578) 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.