Skip to content
Nonprofiteer
← MABAS FUND INC

Form 990 for tax year 2023

Filed by MABAS FUND INC.

Totals

Total revenue
$4,996,923
Total expenses
$5,013,745
Contributions and grants received
$4,996,915
Grants paid
$4,872,603
Program service revenue
$0
Investment income
$8
Other revenue
$0
Total assets, end of year
$833,339
Total liabilities, end of year
$299,426
Net assets or fund balances, end of year
$533,913
Program services expenses (Part IX)
$4,890,263
Management and general expenses
$74,828
Fundraising expenses
$48,654
Program service expenses (Part III)
$4,890,263

Program services were 97.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $4,996,915

  • 3 · Investment income

    total $8 · excluded $8

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $4,872,603 · program services $4,872,603

  • 11c · Fees: accounting

    total $3,400 · management and general $3,400

  • 11g · Fees: other

    total $17,660 · program services $17,660

  • 12 · Advertising and promotion

    total $8,216 · fundraising $8,216

  • 13 · Office expenses

    total $15,321 · management and general $15,321

  • 24a · Other expenses: CREDIT CARD PROCESSING

    total $39,660 · management and general $39,660

  • 24b · Other expenses: FUNDRAISING SUPPLIES

    total $39,248 · fundraising $39,248

  • 24c · Other expenses: AUTOMOBILE

    total $14,913 · management and general $13,723 · fundraising $1,190

  • 24d · Other expenses: TELEPHONE

    total $2,310 · management and general $2,310

  • 24e · All other expenses

    total $414 · management and general $414

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $371,589 · end of year $313,358

  • 7 · Other notes and loans receivable

    beginning of year $517,077 · end of year $519,981

  • 10a · Land, buildings and equipment: cost or other basis

    $33,600

  • 10b · Land, buildings and equipment: accumulated depreciation

    $33,600

  • 24 · Unsecured notes and loans payable

    beginning of year $327,536 · end of year $298,286

  • 25 · Other liabilities

    beginning of year $10,395 · end of year $1,140

  • 27 · Net assets without donor restrictions

    beginning of year $550,735 · end of year $533,913

Mission and programs · 2023

Mission

TO PROVIDE SUPPORT FOR NEEDY FAMILIES IN THE COMMUNITY AND MAINTAIN AN EDUCATIONAL PROGRAM ADVANCING TALMUDIC STUDIES.

  • THE ORGANIZATION IS ORGANIZED TO SUPPORT AND ASSIST NEEDY FAMILIES IN THE COMMUNITY AND TO ADVANCE TALMUDIC STUDIES BY CREATING AN ENDOWMENT FUND WHICH PROVIDES GRANTS AND FINANCIAL AID TO NEEDY STUDENTS.

    Expenses $4,890,263 · Grants $4,872,603

As filed on the 2023 return.

Listed in Part VII

  • Michael Bauman

    OFFICER

    Total calculated
    $0
    Hours/week
    3
  • Yaakov Harari

    OFFICER

    Total calculated
    $0
    Hours/week
    3
  • Nathan Zelikovitz

    OFFICER

    Total calculated
    $0
    Hours/week
    0.25

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
13 November 2024
IRS schema version
2023v5.0
Source object
202443199349311079

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.