MABAS FUND INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
MABAS FUND INC (EIN 22-3768865)
Tax period
2011-01-01 to 2011-12-31
Filed
2013-01-16
IRS object ID
201340169349300919
Schema version
2011v1.2
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)
Timestamp2013-01-16T16:38:22-06:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

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 Date2011-01-01TaxPeriodBeginDate

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 Signed2012-12-31DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameGERSHON BIEGELEISENName
Phone7328866311Phone
Date Prepared2012-12-31DatePrepared
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2011TaxYear
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 Receipts1139355GrossReceipts
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 Year867320ContributionsGrantsPriorYear
Contributions Grants Current Year1139354ContributionsGrantsCurrentYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Current Year1InvestmentIncomeCurrentYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year867320TotalRevenuePriorYear
Total Revenue Current Year1139355TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year792040GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY1099053GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year14094TotalFundrsngExpCurrentYear
Other Expense Prior Year21184OtherExpensePriorYear
Other Expenses Current Year35680OtherExpensesCurrentYear
Total Expenses Prior Year813224TotalExpensesPriorYear
Total Expenses Current Year1134733TotalExpensesCurrentYear
Revenues Less Expenses Prior Year54096RevenuesLessExpensesPriorYear
Revenues Less Expenses CY4622RevenuesLessExpensesCY
Total Assets BOY91928TotalAssetsBOY
Total Assets EOY93194TotalAssetsEOY
Total Liabilities BOY3356TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY88572NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY93194NetAssetsOrFundBalancesEOY
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
Expense1103387Expense
Grants1099053Grants
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 Expense1103387TotalProgramServiceExpense
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 LiabilitiesfalseReportOtherLiabilities
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
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10962NumberFormsTransmittedWith1096
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)

TitleTitleIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
YAAKOV HARARI
OFFICERXX000
MICHAEL BAUMAN
OFFICERXX000
NATHAN ZELIKOVITZ
OFFICERXX000
FieldValueIRS element (for citing)
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
All Other Contributions1139354AllOtherContributions
Total Contributions1139354TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column1TotalRevenueColumn
Exclusion$1ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column1139355TotalRevenueColumn
Exclusion$1ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total1099053Total
Program Services1099053ProgramServices

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total6000Total
Management And General6000ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total1325Total
Management And General1325ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total1938Total
Fundraising1938Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total2917Total
Management And General2917ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total7639Total
Fundraising7639Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalFundraisingFundraisingProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
MARKETING AND PROMOTIONS45174517
AUTOMOBILE43344334
BANK & CREDIT CARD CHARG41464146
TELEPHONE28142814

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total50Total
Management And General50ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total1134733Total
Program Services1103387ProgramServices
Management And General17252ManagementAndGeneral
Fundraising14094Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY83380BOY
EOY90794EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY8548BOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
EOY2400EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY91928BOY
EOY93194EOY

Grants Payable GrantsPayable

FieldValueIRS element (for citing)
BOY3356BOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY3356BOY
EOY0EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY88572BOY
EOY93194EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY88572BOY
EOY93194EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY91928BOY
EOY93194EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses4622ReconcilationRevenueExpenses
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedfalseFSAudited

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years883821CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years987245CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1040914CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1065322CurrentTaxYearMinus1Year
Current Tax Year1139354CurrentTaxYear
Total5116656Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years883821CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years987245CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1040914CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1065322CurrentTaxYearMinus1Year
Current Tax Year1139354CurrentTaxYear
Total5116656Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years191160CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years179776CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years165977CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year193400CurrentTaxYearMinus1Year
Current Tax Year425007CurrentTaxYear
Total1155320Total

Support From DQ Ps Etc SupportFromDQPsEtc

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years191160CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years179776CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years165977CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year193400CurrentTaxYearMinus1Year
Current Tax Year425007CurrentTaxYear
Total1155320Total
FieldValueIRS element (for citing)
Public Support Total5093961336PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

FieldValueIRS element (for citing)
Current Tax Year1CurrentTaxYear
Total1Total

Investment Income And UBTI InvestmentIncomeAndUBTI

FieldValueIRS element (for citing)
Current Tax Year1CurrentTaxYear
Total1Total

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years883821CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years987245CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1040914CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1065322CurrentTaxYearMinus1Year
Current Tax Year1139355CurrentTaxYear
Total5116657Total
FieldValueIRS element (for citing)
Public Support Percentage5090.77420PublicSupportPercentage509
Prior Year Support Percentage0.83110PriorYearSupportPercentage
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 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 Grant1099053AmountOfCashGrant

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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