Mazal Institute Inc
- Assets
- $114.4k
- Revenue
- $157.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Brighton, MA
- Founding
- 11/1999
- Data as of
- 12/2022
- EIN
- 04-3428130
Organization Overview
Mazal Institute Inc is located in Brighton, MA. The organization was established in 1999. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mazal Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Mazal Institute Inc generated $157.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 68.6% each year . All expenses for the organization totaled $73.4k during the year ending 12/2022. While expenses have increased by 41.2% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mazal Institute Inc has awarded 33 individual grants totaling $154,185. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTANCE TO NEEDY INDIVIDUALS
ASSISTANCE TO NEEDY INDIVIDUALS
GRANTS TO CHARITABLE ORGANIZATIONS - FUNDING ORGANIZATIONS DIRECTLY ASSISTING NEEDY PERSONS OR CONDUCTING EDUCATIONAL ACTIVITIES
RELIGIOUS EDUCATION - DIRECT PAYMENTS TO EDUCATORS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Margolin President | 1 | $0 | |
Yisroel Markov Treasurer | 1 | $0 | |
Steve Yanovsky Director | 1 | $0 | |
Yisroel Markov Director Treasurer | 1 | $0 | |
Gregory Margolin Director President | 1 | $0 | |
Steve Yanovsky Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $157,926 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $157,926 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $205 |
| Total operating and administrative expenses | $205 |
| Contributions, gifts, grants paid | $73,224 |
| Total expenses and disbursements | $73,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,445 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $5,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $114,445 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $114,405 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $114,405 |
Grants Awarded
Over the last fiscal year, Mazal Institute Inc has awarded $73,224 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
SIMCHA EDERY PURPOSE: SUPPORT NEEDY IMDIVIDUAL | $1,000 |
MICHAEL KORITZ PURPOSE: SUPPORT RELIGIOUS EDUCATION | $4,166 |
HOTAM AHESED PURPOSE: SUPPORT RELIGIOUS EDUCATION | $1,417 |
MACHANAIM PURPOSE: SUPPORT RELIGIOUS EDUCATION | $8,358 |
AVIVA MARCHETTE PURPOSE: SUPPORT NEEDY IMDIVIDUAL | $21,000 |
RIVKA PERLMAN PURPOSE: SUPPORT NEEDY IMDIVIDUAL | $1,985 |