Matan B-Seter FY2022 filing

Tax-deductible

Southfield, MI501(c)(3)EIN 38-2884963

This page gets seen. Tell your story. Claim this org.

To provide critical financial aid to those in need in the Metropolitan Detroit Jewish community.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $21K a year · 5% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $22K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$450K
-0.2% vs prior year
Spent
$476K
To programs
99%
Net assets
$131K
By yearFY2020–FY2024
Revenue
$450K
FY2022-0.2%
Revenue by fiscal year
FY2020$381K
FY2021$451K
FY2022$450K
FY2023$464K
FY2024$446K
Expenses
$476K
FY2022▲ +17%
Expenses by fiscal year
FY2020$301K
FY2021$407K
FY2022$476K
FY2023$446K
FY2024$456K
Net assets
$131K
FY2022▼ -17%
Net assets by fiscal year
FY2020$113K
FY2021$157K
FY2022$131K
FY2023$149K
FY2024$139K

From the FY2022 Form 990 · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1989.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $471K Management & general 1% · $5K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director & Treasurer
$0Pt VII · Sec A
Director & Secretary
$0Pt VII · Sec A
President & Gabbai Tzedakah
$0Pt VII · Sec A
Gabbai Tzedakah
$0Pt VII · Sec A
See Matan B-Seter executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers financial aid to those in need within the Detroit Jewish community.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $471K · in their own filed words · FY2022
01

Matan BSeter collects funds from the local Jewish community members and distributes them to the needy members of the community, providing emergency financial assistance, helping families with the basics required to celebrate weddings and other joyous occasions, and with financial assistance to properly celebrate Jewish Holidays.

$471Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$22K
Grants paid · 5 grants · $2.1M · 2020–2024
Unitemized GrantFY2024$452,296
Unitemized GrantFY2023$436,119
Unitemized GrantFY2022$471,217
Unitemized GrantFY2021$423,418
Unitemized GrantFY2020$298,880

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$450K
Ln 12
Gifts and grantsLn 1h$462K
Money outPt IX
$476K
Ln 25
Programscol B$471K
Managementcol C$5K
Owns and owesPt X
$131K
net assets · Ln 32
Cash and savingsLn 1–2$131K
Total assetsLn 16$131K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$462K
Fundraising eventsLn 1c$74K
Total revenueLn 12$450K
Assets in detailPt X, end of year
CashLn 1$131K
Cash and savings togetherLn 1–2$131K
Total assetsLn 16$131K
LiabilitiesLn 26$0
Net assetsLn 32$131K
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$157K$131K
Total assetsLn 16$157K$131K
LiabilitiesLn 26$0$0
Net assetsLn 32$157K$131K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$471K$471K
Legal feesLn 11b$683$683
Accounting feesLn 11c$4K$4K
Total functional expensesLn 25$476K$471K$5K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $446K$456K−$10K$139K 990 PDF
FY2023 $464K$446K$18K$149K 990 PDF
FY2022 Viewing $450K$476K−$26K$131K 990 PDF
FY2021 $451K$407K$44K$157K 990 PDF
FY2020 $381K$301K$79K$113K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $449,912 across 5 lines filed
VIII-1c Fundraising events$73,557
VIII-1f All other contributions, gifts and grants$388,831
VIII-1h Total contributions, gifts and grants$462,388
VIII-8 Net income from fundraising eventsExcluded from tax −$12,476−$12,476
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$12,476$449,912
Part IX · Statement of functional expenses $475,900 across 3 lines filed
IX-2 Grants to domestic individualsPrograms $471,217$471,217
IX-11b Legal feesManagement $683$683
IX-11c Accounting feesManagement $4,000$4,000
IX-25 Total functional expensesPrograms $471,217 · Management $4,683 · Fundraising $0$475,900
Part X · Balance sheet $131,072 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $157,060$131,072
X-16 Total assetsStart of year $157,060$131,072
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $157,060$131,072
X-32 Total net assets or fund balancesStart of year $157,060$131,072
X-33 Total liabilities and net assetsStart of year $157,060$131,072
Part XI · Reconciliation of net assets $131,072 net assets at year end
XI-1 Total revenue$449,912
XI-2 Total expenses$475,900
XI-3 Revenue less expenses−$25,988
XI-4 Net assets at start of year$157,060
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$131,072

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.