2023-02-22T10:17:52-08:00 2022-06-30 222947255 Lear & Pannepacker LLP 791 Alexander Road Princeton NJ 08540 990 2021-07-01 475552013 Boys & Girls Clubs of Mercer County Foundation Inc BOYS 6093923191 212 Centre Street Trenton NJ 08611 David E Anderson President & CEO 2023-02-22 true David E Anderson 999009999 Kenneth L Siegel CPA P00181363 6094522200 2 AAL1 IAL1 FAL1 2021 2023-03-07 01:45:13Z David E Anderson 212 Centre Street Trenton NJ 08611 3573474 false X N/A X 2015 NJ The Foundation was established to specifically support and benefit, financially and/or operationally, Boys & Girls Clubs of Mercer County, Inc., a New Jersey nonprofit corporation exempt from Federal income taxation under Section 501(c)(3) of the Internal Revenue Code. 5 5 0 5 0 1235186 3335237 0 12221 68294 162991 169943 1410398 3573474 91264 126379 0 0 0 0 79258 142642 170522 269021 1239876 3304453 1945331 4826896 8215 8162 1937116 4818734 The Foundation was established to specifically support and benefit, financially and/or operationally, Boys & Girls Clubs of Mercer County, Inc., a New Jersey nonprofit corporation exempt from Federal income taxation under Section 501(c)(3) of the Internal Revenue Code. false false 126379 91264 To support the operations, both financially and operationally, of the Boys & Girls Clubs of Mercer County, Inc. 126379 true true false false false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 5 5 false false false false false false false false false false false true true true true true true false false false NJ X David E Anderson 6093923191 212 Centre Street Trenton NJ 08611 X David E Anderson President & CEO 1.00 0.00 X X 0 0 0 Sydney Gough Secretary 1.00 0.00 X X 0 0 0 Daniel Sheridan Treasurer 1.00 0.00 X X 0 0 0 William Sheehy Vice President 1.00 0.00 X X 0 0 0 Richard Gorelcik Trustee 1.00 0.00 X 0 0 0 0 false false false 0 3335237 3335237 0 68294 68294 0 0 169943 169943 169943 169943 0 0 0 0 0 3573474 169943 68294 X 126379 126379 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19520 19520 51050 51050 0 192 192 0 0 0 0 0 0 71880 71880 0 0 0 0 269021 126379 142642 0 624466 302314 1260565 4524582 0 60300 0 0 0 0 0 0 0 0 0 0 0 0 1945331 4826896 8215 8162 8215 8162 X 762296 787918 1174820 4030816 1937116 4818734 1945331 4826896 3304453 -490835 68000 X false true X true false X X X 1 Boys & Girls Club of Mercer County 210634556 7 false 126379 0 1 126379 0 true false false false false false false false false false false false false false false true true true X true false Part IV, Section D, Line 3: Role The Organization's Supported Orgs. Played The Foundation's supporting Organization managed the pass-through funds received as part of the New Markets Tax Credit grant awarded by the Federal government. The supporting Organization dictated how the pass-through funds would be used and when they would be transferred from the Foundation to the supporting Organization itself. Part IV, Section E, Line 2a: Identify Supported Orgs. and Explain How Activities Furthered Exempt Pu The Foundation received pass-through Federal funding through the New Markets Tax Credit program. These funds will allow the supporting Organization to further its charitable mission of providing educational support, recreation and career guidance to youths ages 5 to 18 through year-round programs that focus on healthy lifestyles, academic success, college/career prep, and character development. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 2893176 -490835 -490835 3384011 19520 169943 189463 3573474 79558 -169943 -169943 249501 19520 19520 269021 Part X : FIN48 Footnote ASC Topic 740 Accounting for Uncertainty in Income Taxes clarifies the accounting for uncertainty in income taxes recognized in an entitys financial statements and prescribes a recognition threshold of more-likely-than-not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold has been met. The guidance also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, and disclosure. The Organization's policy is to account for interest and penalties related to unrecognized tax benefits as a component of income tax expense. Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S New Market Tax Credit-rental income $169943 Form 990, Part VI, Line 11b: Form 990 Review Process A draft of the Form 990 was provided to all board members for their review prior to the form's filing. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Other documents are available to the public upon request. Boys & Girls Club of Mercer County 212 Centre Street Trenton NJ 08611 Youth Support, education, and guidance NJ 501(c)(3) 7 Y false false true true false false false false false false false false false false true true false false false false Boys & Girls Club of Mercer County b 91264 FMV Boys & Girls Club of Mercer County c 3333172 FMV