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Nonprofit · EIN 87-2258154

I MAASER INC

Tax-exempt · BROOKLYN, NY 11204

Financials

$539K$407K2023$301K$191K2024
Revenue Expenses · by fiscal year end
Financials of I MAASER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$300,739$190,656$110,083$242,176$0$242,176
December 31, 2023990 (amended)$538,528$406,754$131,774$132,093$0$132,093
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$300,739
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$30,000
Other salaries and wages
$90,450
Salaries, compensation and benefits (total)
$120,450
Professional fundraising fees
$0
Occupancy
$2,000
Program services (functional)
$131,933
Management and general (functional)
$52,753
Fundraising (functional)
$5,970

Balance sheet and other

Total assets, start of year
$132,093
Total assets, end of year
$242,176
Total liabilities, end of year
$0
Net assets, end of year
$242,176
Land, buildings and equipment
$128,428
Net assets without donor restrictions
$242,176
Gross receipts
$300,739
Employees
0
Year formed
2021
State of legal domicile
NY

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
ZAD KRAUSZPRESIDENT
Trustee or director, Officer
30$30,000
ABRAHAM GRUNHUTVICE PRESIDE
Trustee or director, Officer
2$0
BORACH KLEINTREASURER
Trustee or director, Officer
–$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
ZAD KRAUSZPRESIDENT
Trustee or director, Officer
25$81,966
ELKONOH GRUNHUTVICE PRESIDE
Trustee or director, Officer
0.5$0
ZVI HECHTTREASURER
Trustee or director, Officer
0.5$0

Address and contacts

Address (IRS master file)
1831 53RD ST, BROOKLYN, NY 11204-1526
Mailing address (990-N for 2023)
1831 53RD STREET, BROOKLYN NY 11204
Principal officer (990 for 2024)
ZAD KRAUSZ, 1831 53RD STREET, BROOKLYN, NY 11204
Principal officer (990-N for 2023)
ZAD KRAUSZ, 1831 53RD STREET, BROOKLYN NY 11204
Signed the 990
ZAD KRAUSZ, PRESIDENT
Phone
(917) 439-1787
Return prepared by
BUNKER AND COMPANY CPA PLLC

Mission

GRANTING DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATION UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.

990 for the year ended December 31, 2024

Program accomplishments

  • INVESTED IN SOFTWARE TO BE ABLE TO PROVIDE CHARTIABLE GRANTS TO QUALIFIED ORGANIZATIONS.
    Expenses $131,933

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-N on file

IRS record

EIN
87-2258154
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X30)
Assets (IRS master file)
$242,176
Income (IRS master file)
$300,739

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$300,739$190,656$242,176IRS
990-N for 2023
Officer: ZAD KRAUSZ
December 31, 2023≤ $50,000 receipts––e-Postcard
990December 2023$538,528$406,754$132,093XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: ZAD KRAUSZ
December 31, 2021≤ $50,000 receipts––e-Postcard

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 87-2258154).

Questions about I MAASER INC

What is the EIN of I MAASER INC?
The employer identification number (EIN) of I MAASER INC is 87-2258154.
Is I MAASER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to I MAASER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does I MAASER 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 I MAASER 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 I MAASER 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 I MAASER INC?
The 990 for the year ended December 31, 2024 names ZAD KRAUSZ.
Who are the officers and directors of I MAASER INC?
The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $30,000 (ZAD KRAUSZ, PRESIDENT).
How much revenue does I MAASER INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $300,739, expenses of $190,656 and total assets of $242,176 at year end.

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