Masbia Of Queens
- Assets
- $208.7k
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 12
- Location
- Brooklyn, NY
- Founding
- 11/2010
- Data as of
- 06/2022
- EIN
- 27-0363356
Organization Overview
Masbia Of Queens is located in Brooklyn, NY. The organization was established in 2010. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2022, Masbia Of Queens employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Masbia Of Queens 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 06/2022, Masbia Of Queens generated $6.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.0% each year . All expenses for the organization totaled $6.4m during the year ending 06/2022. While expenses have increased by 30.3% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MASBIA SOUP KITCHEN NETWORK PROVIDES EMERGENCY FOOD FREE OF CHARGE TO PEOPLE IN NEED DUE TO FINANCIAL STATUS OR BECAUSE OF NATURAL DISASTERS VIA READY-TO-EAT NUTRITIOUS MEALS AND RAW GROCERIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO OPERATE A FOOD PANTRY AND KOSHER SOUP KITCHEN THAT SERVES FREE MEALS TO THE NEEDY IN THE LOCAL COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Irving Laub CFO | OfficerTrustee | $0 | |
Alexander Rapaport Executive Di | OfficerTrustee | $0 | |
Mordechai Mandelbaum Chairperson | Trustee | $0 | |
Claire Feigenbaum Director | Trustee | $0 | |
Helene Schmutter Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,442,946 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,827,774 |
| Noncash contributions included in lines 1a–1f | $4,932,743 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,270,720 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,270,720 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $122,930 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $298,656 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $26,638 |
| Fees for services: Management | $434,615 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,231 |
| Office expenses | $5,115 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $132,041 |
| Travel | $3,746 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $58,241 |
| Insurance | $14,508 |
| All other expenses | $532 |
| Total functional expenses | $6,400,641 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $208,695 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $208,695 |
| Accounts payable and accrued expenses | $123,325 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,162 |
| Total liabilities | $134,487 |
| Net assets without donor restrictions | $74,208 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $208,695 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Masbia Of Queens has recieved totaling $29,160.
| Awarding Organization | Amount |
|---|---|
City Harvest Inc Brooklyn, NY PURPOSE: CAPACITY BUILDING | $29,100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $60 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Worcester County Food Bank Inc Shrewsbury, MA | $18,509,870 | $19,136,564 |
Helping Harvest Fresh Food Bank Reading, PA | $13,213,395 | $15,794,436 |
Pennsylvania Association Of Regional Food Banks Canonsburg, PA | $225,827 | $15,078,768 |
Tomchei Shabbos Dlakewood Inc Lakewood, NJ | $8,550,433 | $14,447,125 |
Westmoreland County Food Bank Inc Delmont, PA | $9,656,892 | $11,524,650 |
York County Food Bank York, PA | $7,741,170 | $9,567,818 |
Masbia Of Queens Brooklyn, NY | $208,695 | $6,270,720 |
The Open Door Cape Ann Food Pantry Inc Gloucester, MA | $8,508,042 | $7,338,820 |
Interfaith Food Pantry Inc Morris Plains, NJ | $8,140,579 | $7,741,813 |
Merrimack Valley Food Bank Inc Lowell, MA | $5,091,196 | $5,773,148 |
Bnai Raphael Chesed Organization Inc Brooklyn, NY | $178,311 | $4,342,622 |
Franklin Township Food Bank Somerset, NJ | $1,398,898 | $4,669,180 |