MARS FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
MARS FOUNDATION (EIN 31-1743263)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-15
IRS object ID
202343199349105454
Schema version
2022v5.0
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)
Return2023-11-15T11:37:50-08:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

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 Begin2022-01-01TaxPeriodBeginDt

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
Signature2023-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstARYEHPersonFirstNm
Person LastGOLDSTEINPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAaron KatzPreparerPersonNm
PTINP00237229PTIN
Phone2122211140PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,613,419FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$570,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$8,141InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$8,141InterestOnSavNetInvstIncmAmt
Other Income Rev And Expnss$8,958OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$8,958OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$587,099TotalRevAndExpnssAmt
Total Net Invst Incm$17,099TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$3,980AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,990AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$1,990AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss$1,147OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$545OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$602OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$5,127TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,535TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,592TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$867,298ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$867,298ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$872,425TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,535TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$869,890TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$285,326ExcessRevenueOverExpensesAmt
Net Investment Income$14,564NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash EOY$178,524CashEOYAmt
Cash EOYFMV$178,524CashEOYFMVAmt
Sav And Temp Cash Invst BOY$2,924,737SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,720,483SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,720,483SavAndTempCashInvstEOYFMVAmt
Other Nts And Loans Rcvbl$114,000OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl EOY$114,000OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$114,000OtherNtsAndLoansRcvblEOYFMVAmt
Other Assets BOY$54,051OtherAssetsBOYAmt
Other Assets EOY$680,455OtherAssetsEOYAmt
Other Assets EOYFMV$600,412OtherAssetsEOYFMVAmt
Total Assets BOY$2,978,788TotalAssetsBOYAmt
Total Assets EOY$2,693,462TotalAssetsEOYAmt
Total Assets EOYFMV$2,613,419TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$2,978,788RetainedEarningBOYAmt
Retained Earning EOY$2,693,462RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$2,978,788TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,693,462TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$2,978,788TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,693,462TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$2,978,788TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$285,326ExcessRevenueOverExpensesAmt
Subtotal$2,693,462SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,693,462TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$202InvestmentIncomeExciseTaxAmt
Subtotal$202SubtotalAmt
Tax Based On Investment Income$202TaxBasedOnInvestmentIncomeAmt
Extsn Request Income Tax Paid$2,000ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$2,000TotalPaymentsAndCreditsAmt
Overpayment$1,798OverpaymentAmt
Applied To ES Tax$1,798AppliedToESTaxAmt

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$25,593AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$409,719AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$435,312TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$435,312AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$6,530CashDeemedCharitableAmt
Net Vl Noncharitable Assets$428,782NetVlNoncharitableAssetsAmt
Minimum Investment Return$21,439MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$21,439MinimumInvestmentReturnAmt
Tax Based On Investment Income$202TaxBasedOnInvestmentIncomeAmt
Total Tax$202TotalTaxAmt
Distributable Before Adj$21,237DistributableBeforeAdjAmt
Distributable Before Ded$21,237DistributableBeforeDedAmt
Distributable As Adjusted$21,237DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$869,890ExpensesAndContributionsAmt
Qualifying Distributions$869,890QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$21,237DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$710,471ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$668,794ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,489,656ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$455,049ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,074,141ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$4,398,111TotalExcessDistributionCyovAmt
Qualifying Distributions$869,890QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$21,237AppliedToCurrentYearAmt
Remaining Distri From Corpus$848,653RemainingDistriFromCorpusAmt
Total Corpus$5,246,764TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$710,471ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$4,536,293ExcessDistriCyovToNextYrAmt
Excess From Year4$668,794ExcessFromYear4Amt
Excess From Year3$1,489,656ExcessFromYear3Amt
Excess From Year2$455,049ExcessFromYear2Amt
Excess From Year1$1,074,141ExcessFromYear1Amt
Excess From Current Year$848,653ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
VARIOUS CHARITABLE ORGANIZATIONS
monseymonseyNY10952NONEEXEMPTCHARITABLE$584,298
TAT OF MIR
1791 Ocean PkwyBrooklynNY11223NONEEXEMPTCHARITABLE$20,000
MESIVTA MAAMAR MORDECHAI
113 MAPLE AVESPRING VALLEYNY10977NONEEXEMPTCHARITABLE$10,000
BINYAN YERUSHLAIM
1274-49TH ST SUITE 248BROOKLYNNY11219NONEEXEMPTCHARITABLE$10,000
Cong Mosdos Toldos Aharon
777 Kent Ave 239BROOKLYNNY11205NONEEXEMPTCHARITABLE$50,000
Institute of Dayanim
25520 COLLEEN STOAK PARKMI48237NONEEXEMPTCHARITABLE$61,000
Center for Initiatives in Jewish Ed
45 BroadwayNew York CityNY10006NONEEXEMPTCHARITABLE$15,000
KOLLEL SHABBOS KODESH
1351 E 10TH STBROOKLYNNY11230NONEEXEMPTCHARITABLE$72,000
MOROCCAN JEWISH HERITAGE
3603 QUENTIN RDBROOKLYNNY11234NONEEXEMPTCHARITABLE$20,000
CONG PEER BAIS YAAKOV
133 NY 59MONSEYNY10952NONEEXEMPTCHARITABLE$25,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$867,298TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$8,141ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescWILLOW ACQUISITION LLCDesc
Exclusion18ExclusionCd
Exclusion$8,958ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$17,099ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$17,099TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
ADAR ALEF LLC
138 OLYMPIA LANEMONSEYNY10952$170,000Yes (X)
YOSHAR TRADING
23411 INDIAN CREEK DRIVEMIAMI BEACHFL33140$400,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEECategoryTxt
Amt$3,980Amt
Net Investment Income$1,990NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$1,990DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (3 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
INVESTMENT$28,551$80,151
ISRAEL BOND$25,500$25,500$25,608
K-1$574,804$574,804

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK CHARGES$545$545
FILING FEE$250$250
SUPPLIES$352$352

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescWILLOW ACQUISITION LLCDesc
Revenue And Expenses Per Books$8,958RevenueAndExpensesPerBooksAmt
Net Investment Income$8,958NetInvestmentIncomeAmt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.