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 12/2021, Mazal Institute Inc generated $52.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 26.5% each year . All expenses for the organization totaled $56.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING ORGANIZATIONS DIRECTLY ASSISTING NEEDY PERSONS OR CONDUCTING EDUCATIONAL ACTIVITIES
DIRECT PAYMENTS TO EDUCATORS
DIRECT
DIRECT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Yanovsky Director | 1 | $0 | |
Yisroel Markov Treasurer | 1 | $0 | |
Gregory Margolin President | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $52,716 |
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 | $52,716 |
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 | $1,329 |
Total operating and administrative expenses | $1,329 |
Contributions, gifts, grants paid | $54,952 |
Total expenses and disbursements | $56,281 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $31,152 |
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 | $0 |
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 | $31,152 |
Accounts payable and accrued expenses | $0 |
Grants payable | $31,112 |
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 | $31,112 |
Over the last fiscal year, Mazal Institute Inc has awarded $54,952 in support to 16 organizations.
Grant Recipient | Amount |
---|---|
YESHAYAHU GISSER PURPOSE: SUPPORT RELIGIOUS EDUCATION | $12,000 |
MACHANAIM PURPOSE: SUPPORT RELIGIOUS EDUCATION | $8,400 |
CHABAD OF SDEROT PURPOSE: ASSISTANCE TO NEEDY INDIVIDUALS | $7,280 |
MICHAEL KORITZ PURPOSE: SUPPORT RELIGIOUS EDUCATION | $5,360 |
KEREN OHR ORDESSA PURPOSE: SUPPORT RELIGIOUS EDUCATION | $4,202 |
CHABAD B'ALIYAH PURPOSE: SUPPORT RELIGIOUS EDUCATION | $3,642 |
Organization Name | Assets | Revenue |
---|---|---|
Catholic Charities Of Fairfield Bridgeport, CT | $9,651,392 | $11,217,776 |
Community Association Of Progressive Dominicans Inc New York, NY | $3,345,960 | $6,118,311 |
Society Of St Vincent De Paul In The Archdiocese Of Boston Inc Stoughton, MA | $14,459,247 | $5,990,877 |
Padre Pio Foundation Of America Inc Cromwell, CT | $9,995,841 | $8,304,771 |
Foundations In Faith Inc Bridgeport, CT | $29,514,744 | $3,129,315 |
Murray Hill Place Inc New York, NY | $43,211,368 | $5,022,335 |
Catholic Migration Services Inc Brooklyn, NY | $5,700,505 | $6,076,447 |
Riverside Study Center Inc New York, NY | $14,243,524 | $2,424,338 |
Walking With Purpose Inc Greenwich, CT | $1,412,300 | $2,502,751 |
Catholic Foundation Of Southeastern Massachusetts Inc Fall River, MA | $2,839,964 | $2,808,614 |
Sisters Of The Adoration Corp Danielson, CT | $1,846,756 | $1,811,339 |
Boston Catholic Cemetery Association Roslindale, MA | $8,766,077 | $2,143,973 |