Maflee Laasot Inc
- Assets
- $253.7k
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Inwood, NY
- Founding
- Data as of
- 12/2022
- EIN
- 82-1429773
Organization Overview
Maflee Laasot Inc is located in Inwood, NY. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maflee Laasot 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, Maflee Laasot Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $3.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Maflee Laasot Inc has awarded 24 individual grants totaling $2,918,440. 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 Mission:
Part 3 - Line 1
PROVIDES FINANCIAL SUPPORT FOR ORGANIZATIONS LOCATED IN ISRAEL TO SUPPORT FAMILIES IN NEED
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FINANCIAL SUPPORT FOR ORGIANZTIONS LOCATED IN ISRAEL TO SUPPORT FAMILIES IN NEED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Zachary Guberman President | 0 | $0 | |
Miriam Brian Guberman Secretary | 0 | $0 | |
Hana Genendel Guberman Treasurer | 20 | $17,975 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,606,867 |
| 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 | $2,606,867 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $17,975 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,834 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $36,807 |
| Printing and publications | $0 |
| Other expenses | $314,331 |
| Total operating and administrative expenses | $378,947 |
| Contributions, gifts, grants paid | $2,742,982 |
| Total expenses and disbursements | $3,121,929 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $253,704 |
| 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 | $253,704 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Maflee Laasot Inc has awarded $1,120,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AGUDAS TOV VCHESED PURPOSE: RELIGIOUS SUPPORT | $70,000 |
AHAVAT YISRAEL HUMANITY PURPOSE: FINANCIAL RELIEF | $272,000 |
AMERICAN FRIENDS OF MESHI PURPOSE: HEALTH SUPPORT | $135,000 |
CONGREGATION VIZNITZ BEIT SHEMESH PURPOSE: RELIGIOUS SUPPORT | $60,000 |
YEDIDEY BNOS BEIT SHEMESH PURPOSE: RELIGIOUS INSTITUTION | $283,500 |
MAFLEE LAASOT - ISRAEL PURPOSE: ASSISTANCE TO THE INDIGEN | $250,000 |