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Nonprofit · EIN 22-3768865

MABAS FUND INC

Tax-exempt · LAKEWOOD, NJ 08701

Financials

$5M$5M2023$9.1M$8.7M2024
Revenue Expenses · by fiscal year end
Financials of MABAS FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$9,079,347$8,733,186$346,161$3,229,300$2,349,226$880,074
December 31, 2023990$4,996,923$5,013,745-$16,822$833,339$299,426$533,913
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$9,079,333
Program service revenue
$0
Investment income
$14
Other revenue
$0

Expenses

Grants and similar amounts paid
$8,584,763
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$3,350
Accounting fees
$5,250
Program services (functional)
$8,610,135
Management and general (functional)
$66,977
Fundraising (functional)
$56,074

Balance sheet and other

Total assets, start of year
$833,339
Total assets, end of year
$3,229,300
Total liabilities, end of year
$2,349,226
Net assets, end of year
$880,074
Net assets without donor restrictions
$880,074
Gross receipts
$9,079,347
Employees
0
Year formed
2001
State of legal domicile
NJ

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL BAUMANOFFICER
Trustee or director, Officer
3$0
YAAKOV HARARIOFFICER
Trustee or director, Officer
3$0
NATHAN ZELIKOVITZOFFICER
Trustee or director, Officer
0.25$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
MICHAEL BAUMANOFFICER
Trustee or director, Officer
3$0
YAAKOV HARARIOFFICER
Trustee or director, Officer
3$0
NATHAN ZELIKOVITZOFFICER
Trustee or director, Officer
0.25$0

Address and contacts

Address (IRS master file)
1126 CAROLINA ST, LAKEWOOD, NJ 08701-2123
In care of
% SHLOMO MAIMON
Principal officer (990 for 2024)
YAAKOV HARARI, 1126 CAROLINA STREET, LAKEWOOD, NJ 08701
Signed the 990
YAAKOV HARARI, OFFICER
Phone
(732) 961-1393
Return prepared by
GERSHON BIEGELEISEN & CO CPAS LLC

Mission

TO PROVIDE SUPPORT FOR NEEDY FAMILIES IN THE COMMUNITY AND MAINTAIN AN EDUCATIONAL PROGRAM ADVANCING TALMUDIC STUDIES.

990 for the year ended December 31, 2024

Program accomplishments

  • THE 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.
    Expenses $8,610,135 · grants $8,584,763

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
22-3768865
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$3,229,300
Income (IRS master file)
$9,079,347

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$9,079,347$8,733,186$3,229,300XML
990December 2023$4,996,923$5,013,745$833,339XML
990December 2022$5,690,640$5,678,225$888,666IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 22-3768865).

Questions about MABAS FUND INC

What is the EIN of MABAS FUND INC?
The employer identification number (EIN) of MABAS FUND INC is 22-3768865.
Is MABAS FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to MABAS FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MABAS FUND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MABAS FUND 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 MABAS FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MABAS FUND INC?
The 990 for the year ended December 31, 2024 names YAAKOV HARARI.
Who are the officers and directors of MABAS FUND INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does MABAS FUND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $9,079,347, expenses of $8,733,186 and total assets of $3,229,300 at year end.

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