MABAS FUND INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
MABAS FUND INC (EIN 22-3768865)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-11-15
IRS object ID
201303199349304975
Schema version
2012v2.3
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)
Timestamp2013-11-15T11:02:03-06:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1GERSHON BIEGELEISEN & CO CPASBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1111 MADISON AVEAddressLine1
CityLAKEWOODCity
StateNJState
ZIP Code08701ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN223768865EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1MABAS FUND INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlMABANameControl
Phone7329611393Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11126 CAROLINA STREETAddressLine1
CityLAKEWOODCity
StateNJState
ZIP Code08701ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameYAAKOV HARARIName
TitlePRESIDENTTitle
Phone7329611393Phone
Date Signed2013-11-14DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameGERSHON BIEGELEISENName
Phone7328866311Phone
Date Prepared2013-11-14DatePrepared
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonYAAKOV HARARINameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line11126 CAROLINA STREETAddressLine1
CityLAKEWOODCity
StateNJState
ZIP Code08701ZIPCode
FieldValueIRS element (for citing)
Gross Receipts1313441GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation2001YearFormation
State Legal DomicileNJStateLegalDomicile
Activity Or Mission DescriptionTO PROVIDE SUPPORT FOR NEEDY FAMILIES IN THE COMMUNITY AND MAINTAIN AN EDUCATIONAL PROGRAM ADVANCING TALMUDIC STUDIES.ActivityOrMissionDescription
Nbr Voting Members Governing Body3NbrVotingMembersGoverningBody
Nbr Independent Voting Members3NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year1139354ContributionsGrantsPriorYear
Contributions Grants Current Year1313408ContributionsGrantsCurrentYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year1InvestmentIncomePriorYear
Investment Income Current Year33InvestmentIncomeCurrentYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year1139355TotalRevenuePriorYear
Total Revenue Current Year1313441TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year1099053GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY1239710GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year5643TotalFundrsngExpCurrentYear
Other Expense Prior Year35680OtherExpensePriorYear
Other Expenses Current Year61167OtherExpensesCurrentYear
Total Expenses Prior Year1134733TotalExpensesPriorYear
Total Expenses Current Year1300877TotalExpensesCurrentYear
Revenues Less Expenses Prior Year4622RevenuesLessExpensesPriorYear
Revenues Less Expenses CY12564RevenuesLessExpensesCY
Total Assets BOY93194TotalAssetsBOY
Total Assets EOY105941TotalAssetsEOY
Total Liabilities EOY183TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY93194NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY105758NetAssetsOrFundBalancesEOY
Mission DescriptionTO PROVIDE SUPPORT FOR NEEDY FAMILIES IN THE COMMUNITY AND MAINTAIN AN EDUCATIONAL PROGRAM ADVANCING TALMUDIC STUDIES.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense1269210Expense
Grants1239710Grants
DescriptionTHE 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.Description
Total Program Service Expense1269210TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Report Land Bldg EquipfalseReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmtfalseIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualstrueGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10965NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingfalseComplianceWithBackupWitholding
Number Of Employees0NumberOfEmployees
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Form8899 FiledfalseForm8899Filed
Form1098 C FiledfalseForm1098CFiled
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members3NbrVotingGoverningBodyMembers
Number Independent Voting Members3NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicyfalseWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
Other WebsiteXOtherWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonYAAKOV HARARINamePerson
Telephone Number7329611393TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11126 CAROLINA STREETAddressLine1
CityLAKEWOODCity
StateNJState
ZIP Code08701ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (3 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
YAAKOV HARARI
OFFICER5.00XX000
MICHAEL BAUMAN
OFFICER3.00XX000
NATHAN ZELIKOVITZ
OFFICER1.00XX000
FieldValueIRS element (for citing)
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
All Other Contributions1313408AllOtherContributions
Total Contributions1313408TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column33TotalRevenueColumn
Exclusion$33ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column1313441TotalRevenueColumn
Exclusion$33ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total1239710Total
Program Services1239710ProgramServices

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total12000Total
Program Services12000ProgramServices

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total11255Total
Program Services11255ProgramServices

Advertising Advertising

FieldValueIRS element (for citing)
Total4274Total
Fundraising4274Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total951Total
Management And General951ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total6245Total
Program Services6245ProgramServices

Insurance Insurance

FieldValueIRS element (for citing)
Total6784Total
Management And General6784ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalManagement And GeneralManagementAndGeneralFundraisingFundraising
AUTOMOBILE1032210322
BANK & CREDIT CARD CHARG58155815
TELEPHONE21522152
MARKETING AND PROMOTIONS13691369

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total1300877Total
Program Services1269210ProgramServices
Management And General26024ManagementAndGeneral
Fundraising5643Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY90794BOY
EOY105941EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY2400BOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY93194BOY
EOY105941EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
EOY183EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY183EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY93194BOY
EOY105758EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY93194BOY
EOY105758EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY93194BOY
EOY105941EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses12564ReconcilationRevenueExpenses
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedfalseFSAudited
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years987245CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1040914CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1065322CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1139354CurrentTaxYearMinus1Year
Current Tax Year1313408CurrentTaxYear
Total5546243Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years987245CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1040914CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1065322CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1139354CurrentTaxYearMinus1Year
Current Tax Year1313408CurrentTaxYear
Total5546243Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years179776CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years165977CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years193400CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year425007CurrentTaxYearMinus1Year
Current Tax Year354390CurrentTaxYear
Total1318550Total

Support From DQ Ps Etc SupportFromDQPsEtc

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years179776CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years165977CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years193400CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year425007CurrentTaxYearMinus1Year
Current Tax Year354390CurrentTaxYear
Total1318550Total
FieldValueIRS element (for citing)
Public Support Total5094227693PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year1CurrentTaxYearMinus1Year
Current Tax Year33CurrentTaxYear
Total34Total

Investment Income And UBTI InvestmentIncomeAndUBTI

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year1CurrentTaxYearMinus1Year
Current Tax Year33CurrentTaxYear
Total34Total

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years987245CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1040914CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1065322CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1139355CurrentTaxYearMinus1Year
Current Tax Year1313441CurrentTaxYear
Total5546277Total
FieldValueIRS element (for citing)
Public Support Percentage5090.76230PublicSupportPercentage509
Prior Year Support Percentage0.77420PriorYearSupportPercentage
Investment Income Percentage0.00000InvestmentIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionLOANS AND EXCHANGESDescription
Amount$183Amount
FieldValueIRS element (for citing)
Total Of Amounts183TotalOfAmounts

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedtrueRecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantCHARITABLE GRANTSTypeOfGrant
Amount Of Cash Grant1239710AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierPROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATESIdentifier
Return ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2ReturnReference
ExplanationORGANIZATION PROVIDES GRANTS TO INDIVIDUALS BASED UPON RECOMMENDATION FROM THE INDIVIDUAL'S RABBI OR OTHER COMMUNITY LEADERS WHO VERIFY THE INDIVIDUAL IS TRULY NEEDY.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
EXPLANATION ON VOLUNTEERS AND TYPES OF SERVICES OR BENEFITSFORM 990, PAGE 1, PART I, LINE 6THE ORGANIZATION IS BENEFITED BY VOLUNTEERS WHO PERFORM VARIOUS UNPAID BOOKKEEPING, FUNDRAISING AND ADMINISTRATIVE ACTIVITIES ON THE ORGANIZATION'S BEHALF.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990FORM 990, PAGE 6, PART VI, LINE 11BA DRAFT OF THE 990 IS REVIEWED BY THE BOARD. UPON APPROVAL BY THE BOARD, FORM 8879-EO IS SIGNED BY A BOARD MEMBER AND GIVEN TO THE ORGANIZATION'S ACCOUNTANT WHO ELECTRONICALLY SENDS THE 990 TO THE IRS.
ENFORCEMENT OF CONFLICTS POLICYFORM 990, PAGE 6, PART VI, LINE 12CEACH YEAR, MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT.
COMPENSATION PROCESS FOR TOP OFFICIALFORM 990, PAGE 6, PART VI, LINE 15ATHE ORGANIZATION'S TRUSTEES, OFFICERS AND BOARD MEMBERS ARE ALL UNPAID VOLUNTEERS.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATIONFORM 990, PAGE 6, PART VI, LINE 19THE 990 IS AVAILABLE UPON REQUEST OF THE ORGANIZATION.

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