Nonprofit · EIN 13-3978279
MA ASIM TOVIM FOUNDATION INC
Tax-exempt · BROOKLYN, NY 11204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,521,032 | $862,975 | $658,057 | $2,273,168 | $0 | $2,273,168 |
| December 31, 2023 | 990-PF | $697,538 | $1,890,484 | -$1,192,946 | $1,618,410 | $0 | $1,618,410 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,015,200
- Dividends
- $11,795
- Interest
- $371,730
- Net gain from sales of assets
- $100,298
- Other income
- $22,009
Expenses
- Grants and similar amounts paid
- $845,710
- Disbursements for charitable purposes
- $847,710
- Excise tax on investment income
- $6,513
Balance sheet and other
- Total assets, start of year
- $1,618,410
- Total assets, end of year
- $2,273,168
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,273,168
- Fair market value of assets
- $2,273,165
- Qualifying distributions
- $847,710
- Net investment income
- $483,823
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| A BERKOWITZ 1684 52ND STREET, BROOKLYN, NY 11204 | Trustee | 6 | $0 |
| H BERKOWITZ 214 5TH STREET, LAKEWOOD, NJ 08701 | Trustee | 2 | $0 |
| M BERKOWITZ 17 WINDERMERE STREET, LAKEWOOD, NJ 08701 | Trustee | 2 | $0 |
| S SILBERSTEIN 1676 57TH STREET, BROOKLYN, NY 11204 | Trustee | 4 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| A BERKOWITZ 1684 52ND STREET, BROOKLYN, NY 11204 | Trustee | 6 | $0 |
| H BERKOWITZ 214 5TH STREET, LAKEWOOD, NJ 08701 | Trustee | 2 | $0 |
| M BERKOWITZ 17 WINDERMERE STREET, LAKEWOOD, NJ 08701 | Trustee | 2 | $0 |
| S SILBERSTEIN 1676 57TH STREET, BROOKLYN, NY 11204 | Trustee | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 1684 52ND ST, BROOKLYN, NY 11204-1418
- In care of
- % MANDEL & BERKOWITZ
- Signed the 990-PF
- A BERKOWITZ, Trustee
- Phone
- (718) 758-9424
- Return prepared by
- MAYER RISPLER & COCPAS PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 13-3978279
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T90Z)
- Assets (IRS master file)
- $2,273,168
- Income (IRS master file)
- $2,753,338
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,521,032 | $862,975 | $2,273,168 | IRS |
| 990-PF | December 2023 | $697,538 | $1,890,484 | $1,618,410 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3978279).
Questions about MA ASIM TOVIM FOUNDATION INC
- What is the EIN of MA ASIM TOVIM FOUNDATION INC?
- The employer identification number (EIN) of MA ASIM TOVIM FOUNDATION INC is 13-3978279.
- Is MA ASIM TOVIM FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to MA ASIM TOVIM FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MA ASIM TOVIM FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MA ASIM TOVIM FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MA ASIM TOVIM FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of MA ASIM TOVIM FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does MA ASIM TOVIM FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,521,032, expenses of $862,975 and total assets of $2,273,168 at year end.
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