MALS FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
MALS FOUNDATION (EIN 87-1801845)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-02-24
IRS object ID
202530559349100603
Schema version
2024v5.0
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)
Return2025-02-24T10:38:19-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN562632551PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HORIZON ADVISERS CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line134034 W 8 MILE ROAD SUITE 102AddressLine1Txt
CityFARMINGTON HILLSCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48335ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN871801845EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MALS FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMALSBusinessNameControlTxt
Phone7347166302PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1450 BEVERLY ISLAND DRAddressLine1Txt
CityWATERFORDCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48328ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRENT OPIELAPersonNm
Person TitleCFOPersonTitleTxt
Phone7347166302PhoneNum
Signature2025-02-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDENNIS GLASSON CPAPreparerPersonNm
PTINP01366217PTIN
Phone2484730030PhoneNum
Preparation2025-02-13PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$12,894FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$3,039ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$22InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$22InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$22InterestOnSavingsAdjNetIncmAmt
Other Income Rev And Expnss$51,076OtherIncomeRevAndExpnssAmt
Other Income Adj Net Incm$51,076OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$54,137TotalRevAndExpnssAmt
Total Net Invst Incm$22TotalNetInvstIncmAmt
Total Adj Net Incm$51,098TotalAdjNetIncmAmt
Taxes Rev And Expnss$20TaxesRevAndExpnssAmt
Taxes Adj Net Incm$20TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss$47,461OtherExpensesRevAndExpnssAmt
Other Expenses Adj Net Incm$43,676OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$3,785OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$47,481TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$43,696TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$3,785TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$9,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$9,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$56,481TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$43,696TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$12,785TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$2,344ExcessRevenueOverExpensesAmt
Net Investment Income$22NetInvestmentIncomeAmt
Adjusted Net Income$7,402AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$12,843CashBOYAmt
Cash EOY$8,952CashEOYAmt
Cash EOYFMV$8,952CashEOYFMVAmt
Sav And Temp Cash Invst BOY$5SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,522SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,522SavAndTempCashInvstEOYFMVAmt
Rcvbl From Officers BOY$3,040RcvblFromOfficersBOYAmt
Rcvbl From Officers EOY$2,420RcvblFromOfficersEOYAmt
Rcvbl From Officers EOYFMV$2,420RcvblFromOfficersEOYFMVAmt
Other Assets BOY$6,654OtherAssetsBOYAmt
Total Assets BOY$22,542TotalAssetsBOYAmt
Total Assets EOY$12,894TotalAssetsEOYAmt
Total Assets EOYFMV$12,894TotalAssetsEOYFMVAmt
Other Liabilities BOY$7,304OtherLiabilitiesBOYAmt
Total Liabilities BOY$7,304TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$15,238NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$12,894NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$15,238TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$12,894TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$22,542TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$12,894TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$15,238TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$2,344ExcessRevenueOverExpensesAmt
Subtotal$12,894SubtotalAmt
Tot Net Ast Or Fund Balances EOY$12,894TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

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 StateMIOrgReportOrRegisterStateCd
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 AddressWWW.MALSFOUNDATION.NETWebsiteAddressTxt
Individual With BooksBRENT OPIELAIndividualWithBooksNm
Phone7347166302PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1450 BEVERLY ISLAND DRAddressLine1Txt
CityWATERFORDCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48328ZIPCd
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
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
RACHEL CLIPPARD
450 BEVERLY ISLAND DRWATERFORDMI48328PRESIDENT5.00$0$0$0
BRENT OPIELA
450 BEVERLY ISLAND DRWATERFORDMI48328CFO5.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1FUNDRAISING EVENTS TO RAISE AWARENESS AND FUNDS FOR THE TREATMENT/DIAGNOSIS OF METASTATIC MELANOMADescription1Txt
Expenses1$46,572Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$873AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$2,420FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,293TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$3,293AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$49CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,244NetVlNoncharitableAssetsAmt
Minimum Investment Return$162MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$162MinimumInvestmentReturnAmt
Distributable Before Adj$162DistributableBeforeAdjAmt
Distributable Before Ded$162DistributableBeforeDedAmt
Distributable As Adjusted$162DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$12,785ExpensesAndContributionsAmt
Qualifying Distributions$12,785QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$162DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3$24,767ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$4,460ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$4,895ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$34,122TotalExcessDistributionCyovAmt
Qualifying Distributions$12,785QualifyingDistributionsAmt
Applied To Current Year$162AppliedToCurrentYearAmt
Remaining Distri From Corpus$12,623RemainingDistriFromCorpusAmt
Total Corpus$46,745TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$46,745ExcessDistriCyovToNextYrAmt
Excess From Year3$24,767ExcessFromYear3Amt
Excess From Year2$4,460ExcessFromYear2Amt
Excess From Year1$4,895ExcessFromYear1Amt
Excess From Current Year$12,623ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonRACHEL CLIPPARDRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1450 BEVERLY ISLAND DRAddressLine1Txt
CityWATERFORDCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48328ZIPCd
FieldValueIRS element (for citing)
Recipient Phone7347166302RecipientPhoneNum
Form And Info And MaterialsN/AFormAndInfoAndMaterialsTxt
Submission DeadlinesN/ASubmissionDeadlinesTxt
Restrictions On AwardsN/ARestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
PAT CONNELL
49060 HAWKSBURRY RDCANTONMI48188PATIENTTREATMENT/DIAGNOSIS-METASTATIC MELAN$6,500
LYNNE CULL
1101 E TAIT RDMIKADOMI48745PATIENTTREATMENT/DIAGNOSIS$2,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$9,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$22RelatedOrExemptFunctionIncmAmt

Net Income Loss From Special Evt NetIncomeLossFromSpecialEvtGrp

FieldValueIRS element (for citing)
Exclusion25ExclusionCd
Exclusion$4,503ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$4,503ExclusionAmt
Related Or Exempt Function Incm$22RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$4,525TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number9LineNumberTxt
Relationship StatementRAISE AWARENESS/FUNDS FOR TREATMENT/DIAG-METASTATIC MELANORelationshipStatementTxt

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

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescDEPOSIT ON 2024 EVENTDesc
BOY Book Value$6,654BOYBookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (14 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ANNUAL GOLF SCRAMBLE
GREEN FEES$9,811$9,811
INSURANCE$473$473
DINNER$540$540
SUPPLIES$8,087$8,087
TOP GOLF
FACILITY COST$22,523$19,401$3,122
INSURANCE$485$418$67
SUPPLIES$4,299$3,703$596
RAFFLE
SUPPLIES$355$355
EXPENSES
ACCOUNTING FEES$750$750
INTEREST EXPENES$138$138

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtAdjusted Net IncomeAdjustedNetIncomeAmt
ANNUAL GOLF SCRAMBLE$24,984$24,984
TOP GOLF$23,522$23,522
RAFFLE$2,570$2,570

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescCHASE INK CREDIT CARDDesc
BOY Book Value$7,304BOYBookValueAmt

Other Receivables Officers Sch OtherReceivablesOfficersSch

Officer Other Rcvbl OfficerOtherRcvblGrp

FieldValueIRS element (for citing)
Borrower PersonNOTE RECEIVABLE - OFFICERBorrowerPersonNm
Loan Original$2,381LoanOriginalAmt
Balance Due$2,420BalanceDueAmt
Consideration FMV$2,420ConsiderationFMVAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryLICENSE FEECategoryTxt
Amt$20Amt
Adjusted Net Income$20AdjustedNetIncomeAmt

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