MARS FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
MARS FOUNDATION (EIN 31-1743263)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-10-31
IRS object ID
202423059349101772
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-10-31T13:38:51-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133358774PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Bernath & Rosenberg PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1126 Spruce StreetAddressLine1Txt
CityCedarhurstCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11516ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN311743263EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARS FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMARSBusinessNameControlTxt
Phone8453690434PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line138 OLYMPIA DRIVEAddressLine1Txt
CityMONSEYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10952ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonARYEH GOLDSTEINPersonNm
Person TitlePresidentPersonTitleTxt
Signature2024-10-31SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAaron KatzPreparerPersonNm
PTINP00237229PTIN
Phone2122211140PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,867,388FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$99,875InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$99,875InterestOnSavNetInvstIncmAmt
Other Income Rev And Expnss$23,268OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$23,268OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$123,143TotalRevAndExpnssAmt
Total Net Invst Incm$123,143TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$3,080AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,540AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$1,540AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$2,000TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$509OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$134OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$375OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$5,589TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,674TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,915TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$943,628ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$943,628ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$949,217TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,674TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$945,543TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$826,074ExcessRevenueOverExpensesAmt
Net Investment Income$121,469NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$178,524CashBOYAmt
Cash EOY$71,532CashEOYAmt
Cash EOYFMV$71,532CashEOYFMVAmt
Sav And Temp Cash Invst BOY$1,720,483SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$638,807SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$638,807SavAndTempCashInvstEOYFMVAmt
Other Nts And Loans Rcvbl$332,500OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY$114,000OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$332,500OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$332,500OtherNtsAndLoansRcvblEOYFMVAmt
Other Assets BOY$680,455OtherAssetsBOYAmt
Other Assets EOY$824,549OtherAssetsEOYAmt
Other Assets EOYFMV$824,549OtherAssetsEOYFMVAmt
Total Assets BOY$2,693,462TotalAssetsBOYAmt
Total Assets EOY$1,867,388TotalAssetsEOYAmt
Total Assets EOYFMV$1,867,388TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$2,693,462RetainedEarningBOYAmt
Retained Earning EOY$1,867,388RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,693,462TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,867,388TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,693,462TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,867,388TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,693,462TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$826,074ExcessRevenueOverExpensesAmt
Subtotal$1,867,388SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,867,388TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,688InvestmentIncomeExciseTaxAmt
Subtotal$1,688SubtotalAmt
Tax Based On Investment Income$1,688TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,798EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$1,000ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$2,798TotalPaymentsAndCreditsAmt
Overpayment$1,110OverpaymentAmt
Applied To ES Tax$1,110AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1ARYEH GOLDSTEINBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8453690434PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line138 OLYMPIA DRIVEAddressLine1Txt
CityMONSEYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10952ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
ARYEH GOLDSTEIN
38 OLYMPIA DRIVEMONSEYNY10952President0.00$0
SARAH GOLDSTEIN
38 OLYMPIA DRIVEMONSEYNY10952Trustee0.00$0
YISROEL GOLDSTEIN
9 GOLAR DRIVEMONSEYNY10952Trustee0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$567,489AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$824,549FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,392,038TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,392,038AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$20,881CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,371,157NetVlNoncharitableAssetsAmt
Minimum Investment Return$68,558MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$68,558MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,688TaxBasedOnInvestmentIncomeAmt
Total Tax$1,688TotalTaxAmt
Distributable Before Adj$66,870DistributableBeforeAdjAmt
Distributable Before Ded$66,870DistributableBeforeDedAmt
Distributable As Adjusted$66,870DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$945,543ExpensesAndContributionsAmt
Qualifying Distributions$945,543QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$66,870DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$668,794ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$1,489,656ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$455,049ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$1,074,141ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$848,653ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$4,536,293TotalExcessDistributionCyovAmt
Qualifying Distributions$945,543QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$66,870AppliedToCurrentYearAmt
Remaining Distri From Corpus$878,673RemainingDistriFromCorpusAmt
Total Corpus$5,414,966TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$668,794ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$4,746,172ExcessDistriCyovToNextYrAmt
Excess From Year4$1,489,656ExcessFromYear4Amt
Excess From Year3$455,049ExcessFromYear3Amt
Excess From Year2$1,074,141ExcessFromYear2Amt
Excess From Year1$848,653ExcessFromYear1Amt
Excess From Current Year$878,673ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerARYEH GOLDSTEINContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line1RecipientForeignAddress/AddressLine1TxtCityRecipientForeignAddress/CityNmCountryRecipientForeignAddress/CountryCd
VARIOUS CHARITABLE ORGANIZATIONS
monseymonseyNY10952NONEEXEMPTCHARITABLE$423,144
BAIS YOSEF MEIR
19 Olympia LanemonseyNY10952NONEEXEMPTCHARITABLE$15,100
Yeshiva Degel Hatorah
111 Maple AveSpring ValleyNY10977NONEEXEMPTCHARITABLE$16,500
CONG ZERA KODESH D'SHENDISHOV
1450 E 4TH STBROOKLYNNY11230NONEexemptCHARITABLE$7,800
CONG ZICHRON SHMUEL
1712 43RD STREETBROOKLYNNY11204NONEEXEMPTCHARITABLE$15,000
INSTITUTE OF AMERICAN TALMUDIC LAW
25 W 45TH STREETNEW YORKNY10036NONEEXEMPTCHARITABLE$33,333
AMERICAN FRIENDS OF KOLLEL OHR YOSE
1327 E 26TH STREETBROOKLYNNY11210NONEEXEMPTCHARITABLE$14,500
BINYAN YERUSHLAIM
1274-49TH ST SUITE 248BROOKLYNNY11219NONEEXEMPTCHARITABLE$75,500
BAIS HAMEDRASH OF FLATBUSH
485 E 29th StbrooklynNY11229NONEEXEMPTCHARITABLE$11,700
Cong Emunas Yisroel
4310 16th AveBROOKLYNNY11219NONEEXEMPTCHARITABLE$12,000
Mishkan Yecheskel
1575 50th StBROOKLYNNY11219NONEEXEMPTCHARITABLE$15,000
Cong Mosdos Toldos Aharon
777 Kent Ave 239BROOKLYNNY11205NONEEXEMPTCHARITABLE$36,000
Institute of Dayanim
25520 COLLEEN STOAK PARKMI48237NONEEXEMPTCHARITABLE$72,000
Congregation Beth Medrash Govoha
5113 16th AveBrooklynNY11204NONEEXEMPTCHARITABLE$37,800
Ohr Hatorah
14730 73rd AveFlushingNY11367NONEEXEMPTCHARITABLE$10,000
ZICHRON ARON
4310 16TH AVEBrooklynNY11204NONEEXEMPTCHARITABLE$13,500
KOLEL TFARAS ARON
38 OLYMPIA WAYMONSEYNY10952NONEEXEMPTCHARITABLE$12,800
KOLLEL REB DON SEGAL
1743 54TH STBROOKLYNNY11204NONEEXEMPTCHARITABLE$10,000
YESHIVA MIR YERUSHALYIM
5225 NEW UTRECHT AVEBROOKLYNNY11219NONEEXEMPTCHARITABLE$25,000
TIFERES CHAIM- BNEI HAYESHIVOS
NONEEXEMPTCHARITABLE$86,951NACHAL SOREK ST 15RAMAT BET SHEMESHIS
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$943,628TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$99,875ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescWILLOW ACQUISITION LLCDesc
Exclusion18ExclusionCd
Exclusion$23,268ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$123,143ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$123,143TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEECategoryTxt
Amt$3,080Amt
Net Investment Income$1,540NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$1,540DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescK-1Desc
BOY Book Value$574,804BOYBookValueAmt
EOY Book Value$824,549EOYBookValueAmt
EOYFMV$824,549EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK CHARGES$134$134
FILING FEE$250$250
SUPPLIES$125$125

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescWILLOW ACQUISITION LLCDesc
Revenue And Expenses Per Books$23,268RevenueAndExpensesPerBooksAmt
Net Investment Income$23,268NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryEXCISECategoryTxt
Amt$2,000Amt

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