Maflee Laasot Inc
- Assets
- $768.8k
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Inwood, NY
- Founding
- Data as of
- 12/2021
- 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 12/2021, Maflee Laasot Inc generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. 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
2021
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 |
|---|---|---|---|
Hana Genendel Guberman Treasurer | 20 | $17,975 | |
Miriam Brian Guberman Secretary | 0 | $0 | |
Aaron Zachary Guberman President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,338,317 |
| 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 | $2,338,317 |
| 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 | $2,257 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $50,942 |
| Printing and publications | $0 |
| Other expenses | $408,184 |
| Total operating and administrative expenses | $487,358 |
| Contributions, gifts, grants paid | $1,120,500 |
| Total expenses and disbursements | $1,607,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $768,766 |
| 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 | $768,766 |
| 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 |
|---|---|
YEDIDEY BNOS BEIT SHEMESH PURPOSE: RELIGIOUS INSTITUTION | $283,500 |
Brooklyn, NY PURPOSE: FINANCIAL RELIEF | $272,000 |
MAFLEE LAASOT - ISRAEL PURPOSE: ASSISTANCE TO THE INDIGEN | $250,000 |
Boca Raton, FL PURPOSE: HEALTH SUPPORT | $135,000 |
Monsey, NY PURPOSE: RELIGIOUS SUPPORT | $70,000 |
Spring Valley, NY PURPOSE: RELIGIOUS SUPPORT | $60,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Maflee Laasot Inc has recieved totaling $730,250.
| Awarding Organization | Amount |
|---|---|
Koum Family Foundation Palo Alto, CA PURPOSE: GENERAL CHARITY | $730,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |