Mercer County Italian-american Festival Asso Inc is a 501(c)(3) organization based in Hamilton, New Jersey, registered in 2004, with $7,611 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$7,611
▼ 33.6% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$25K
Net assets
$295K
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 Mercer County Italian-american Festival Asso 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 Mercer County Italian-american Festival Asso Inc: 140 mo reserves · -232% margin earns a F 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 Mercer County Italian-american Festival Asso 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 Mercer County Italian-american Festival Asso Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $512K (FY2013) to $7,611 (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-232.0%
Spent more than it raised in the latest fiscal year.
Total assets
$295K
Total liabilities
$0
Net assets
$295K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,611▼33.6% | $25,269▲26.7% | $295,203▼2.9% | $295,203▼2.9% | 990 |
| 2023 | $11,456▲494% | $19,947▼12.0% | $303,968▲3.8% | $303,968▲3.8% | 990 |
| 2022 | $1,929▼98.7% | $22,661▼20.1% | $292,910▼15.2% | $292,910▼15.2% | 990 |
| 2021 | $149,252▲1601% | $28,344▼39.3% | $345,463▲52.0% | $345,463▲52.0% | 990 |
| 2020 | $8,772▼96.9% | $46,680▼86.0% | $227,258▼14.3% | $227,258▼14.3% | 990 |
| 2019 | $283,951▲45.7% | $334,481▼1.0% | $265,166▼16.0% | $265,229▼16.2% | 990 |
| 2018 | $194,873▼53.6% | $337,750▼20.3% | $315,696▼31.2% | $316,509▼31.2% | 990 |
| 2017 | $420,377▼18.5% | $424,025▼8.0% | $458,573▼0.8% | $459,821▼0.9% | 990 |
| 2016 | $515,628▲0.6% | $460,970▼0.9% | $462,221▲13.4% | $463,963▼6.2% | 990 |
| 2015 | $512,350▼4.1% | $465,216▼0.4% | $407,563▲13.1% | $494,482▲0.6% | 990 |
| 2014 | $534,055▲4.2% | $467,225▲4.2% | $360,429▲22.8% | $491,736▲32.2% | 990 |
| 2013 | $512,472 | $448,489▼4.9% | $293,599▲27.9% | $371,950▲16.7% | 990 |
| 2012 | — | $471,375▲11.7% | $229,616▼0.5% | $318,765▼3.0% | 990 |
| 2011 | — | $422,023 | $230,676 | $328,768 | 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 Mercer County Italian-american Festival Asso Inc (EIN 22-3645790) 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.