MABAS FUND INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
MABAS FUND INC (EIN 22-3768865)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-11-15
IRS object ID
201143199349310264
Schema version
2010v3.4
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)
Timestamp2011-11-15T18:44:09-06:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1GERSHON BIEGELEISEN & CO CPABusinessNameLine1

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 Date2010-01-01TaxPeriodBeginDate

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 Signed2011-05-09DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameGERSHON BIEGELEISENName
Phone7328866311Phone
Date Prepared2011-11-14DatePrepared
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-03-07 17:11:31ZBuildTS

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 Receipts867320GrossReceipts
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 Year874937ContributionsGrantsPriorYear
Contributions Grants Current Year867320ContributionsGrantsCurrentYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Current Year0InvestmentIncomeCurrentYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year874937TotalRevenuePriorYear
Total Revenue Current Year867320TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year876593GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY792040GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year6297TotalFundrsngExpCurrentYear
Other Expense Prior Year27854OtherExpensePriorYear
Other Expenses Current Year21184OtherExpensesCurrentYear
Total Expenses Prior Year904447TotalExpensesPriorYear
Total Expenses Current Year813224TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-29510RevenuesLessExpensesPriorYear
Revenues Less Expenses CY54096RevenuesLessExpensesCY
Total Assets BOY67424TotalAssetsBOY
Total Assets EOY91928TotalAssetsEOY
Total Liabilities BOY32948TotalLiabilitiesBOY
Total Liabilities EOY3356TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY34476NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY88572NetAssetsOrFundBalancesEOY
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
Expense798976Expense
Grants792040Grants
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 Expense798976TotalProgramServiceExpense
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 OrganizationstrueGrantsToOrganizations
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 With10960NumberFormsTransmittedWith1096
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
OFFICER15.00XX000
MICHAEL BAUMAN
OFFICER3.00XX000
NATHAN ZELIKOVITZ
OFFICER3.00XX000
FieldValueIRS element (for citing)
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
All Other Contributions867320AllOtherContributions
Total Contributions867320TotalContributions

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column867320TotalRevenueColumn

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total38147Total
Program Services38147ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total753893Total
Program Services753893ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total1450Total
Management And General1450ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total2089Total
Management And General2089ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total6297Total
Fundraising6297Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
AUTOMOBILE51935193
BANK & CREDIT CARD CHARG22432243
TELEPHONE17471747
SUPPLIES10001000
PROGRAM EXPENSES743743

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total422Total
Management And General422ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total813224Total
Program Services798976ProgramServices
Management And General7951ManagementAndGeneral
Fundraising6297Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY46635BOY
EOY83380EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY13289BOY
EOY8548EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY7500BOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY67424BOY
EOY91928EOY

Grants Payable GrantsPayable

FieldValueIRS element (for citing)
BOY11030BOY
EOY3356EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY21918BOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY32948BOY
EOY3356EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY34476BOY
EOY88572EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY34476BOY
EOY88572EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY67424BOY
EOY91928EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses54096ReconcilationRevenueExpenses
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 Years761715CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years883821CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years987245CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1040914CurrentTaxYearMinus1Year
Current Tax Year1065322CurrentTaxYear
Total4739017Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years761715CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years883821CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years987245CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1040914CurrentTaxYearMinus1Year
Current Tax Year1065322CurrentTaxYear
Total4739017Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years70001CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years191160CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years179776CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year165977CurrentTaxYearMinus1Year
Current Tax Year193400CurrentTaxYear
Total800314Total

Support From DQ Ps Etc SupportFromDQPsEtc

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years70001CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years191160CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years179776CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year165977CurrentTaxYearMinus1Year
Current Tax Year193400CurrentTaxYear
Total800314Total
FieldValueIRS element (for citing)
Public Support Total5093938703PublicSupportTotal509

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years761715CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years883821CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years987245CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1040914CurrentTaxYearMinus1Year
Current Tax Year1065322CurrentTaxYear
Total4739017Total
FieldValueIRS element (for citing)
Public Support Percentage5090.83110PublicSupportPercentage509
Prior Year Support Percentage0.88180PriorYearSupportPercentage
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

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

FieldValueIRS element (for citing)
Business Name Line1CONGREGATION BAIS AVROHOM INCBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line112 POPLAR STAddressLine1
CityLAKEWOODCity
StateNJState
ZIP Code08701ZIPCode
FieldValueIRS element (for citing)
Amount Of Non Cash Assistance38147AmountOfNonCashAssistance

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Amount Of Cash Grant753893AmountOfCashGrant

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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