New Jersey · Nonprofit
MARGATE BUSINESS ASSOCIATION INC
MARGATE BUSINESS ASSOCIATION INC (New Jersey) receives grants from 2 organizations whose IRS filings report $1,980 to it, the largest being MASEL FAMILY CHARITABLE TRUST ($1,930). 1 of them have funded it in more than one year.
- Revenue FY2024
- $367k
- Funders on record
- 2
- Grants received
- $2k
- Net assets
- $180k
What Margate Business Association Inc does
Mission
To promote the economic and physical revitalization and welfare of the businesses and bay district of margate including the advancement of the margate community through local scholarships, events to promote family activities and providing assistance to local governments and organizations situated in the city of margate, county of atlantic and state of new jersey.
As stated on its FY2024 Form 990.
Programs
Margate fall funfest,thrilling thursdays, beachstock, and other recreational events to attract tourists to margate city bay district and for the benefit of margate business association, daniel and maria walters scholaship foundation, the mba children's scholarship fund and the gilda's club of south jersey.
$209,692 spentof which $14,928 as grants$122,984 earned by the program97% of program spendingMargate map & calendar - margate business association produces the margate map and margate city calendar to promote and advertise local businesses and provide a better experience for tourists and visitors.
$5,948 spent$52,475 earned by the program3% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $215,640.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $204k to $165k (−19%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 40% · 2018 41% · 2019 36% · 2020 74% · 2021 40% · 2022 33% · 2023 34% · 2024 41%. Grants only. Government contracts and fees sit inside program revenue.
53% of MARGATE BUSINESS ASSOCIATION INC’s revenue is contributions — about as donation-reliant as the typical peer (54% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Anna Maria Blescia-Courter
Executive director
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2021 and FY2022 filings.
Who funds it, year by year
2017 → 2019: the base held at 1 funder, grant income rose $50 → $1k.
From the IRS filings of MARGATE BUSINESS ASSOCIATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
MARGATE BUSINESS ASSOCIATION INC leans on a few funders — its largest provides 97% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
MARGATE BUSINESS ASSOCIATION INC draws 100% of its grant income from funders outside New Jersey, across 1 state in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
MARGATE BUSINESS ASSOCIATION INC has grown faster than half of the 2,276 employment nonprofits its size.
this organization peer median middle 50% of peers· 2,276 employment nonprofits $100k–$1M, FY2024
Government funding MARGATE BUSINESS ASSOCIATION INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $21k on record.
- DIRECT STATE SERVICES - NON-SALARY$19k
- DEDICATED$2k
- FEDERAL$600
- GRANT IN AID$450
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like MARGATE BUSINESS ASSOCIATION INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New Jersey
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
60% of spending goes to programs.
Governance
Public support
98%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for MARGATE BUSINESS ASSOCIATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MARGATE BUSINESS ASSOCIATION INC?
- MARGATE BUSINESS ASSOCIATION INC (New Jersey) receives grants from 2 organizations whose IRS filings report $1,980 to it, the largest being MASEL FAMILY CHARITABLE TRUST ($1,930). 1 of them have funded it in more than one year.
- How many funders does MARGATE BUSINESS ASSOCIATION INC have?
- IRS filings report 2 organizations giving $1,980 in grants to MARGATE BUSINESS ASSOCIATION INC, 1 of which have funded it in more than one year.
- Who is the largest funder of MARGATE BUSINESS ASSOCIATION INC?
- MASEL FAMILY CHARITABLE TRUST is the largest funder on record, with $1,930 in grants. The full list of funders is on this page.
- How can an organization like MARGATE BUSINESS ASSOCIATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Margate Business Association →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing