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Mps Foundation INC EIN 81-0940084 Form 990 (PDF) Claim this org

Mps Foundation INC

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A private foundation based in Brooklyn, NY. It reported about $83K in revenue for 2021. For fiscal year 2022 it reported $83K in revenue, $66K in expenses, and $17K in net assets.Pt I

Type
Private foundation / grantmaker · Nonprofit
Location
Brooklyn, NY
Filings
3 on file (2020–2022)
Revenue
$83KFY2022
Expenses
$66K
Net assets
$17K
People
0
Filings
3
Updates
0
More identity details & actions ⌄
EIN  81-0940084 Private foundation / grantmaker Brooklyn, NY
Form 990 (PDF)
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Size
<$100K
What they do
A private foundation based in Brooklyn, NY. It reported about $83K in revenue for 2021.
Money in and out
$83K revenue, $66K expenses
Bottom line
—
Grants paid & assets · FY2022
Total revenue
$83K
Pt VIII · Ln 12
Total expenses
$66K
Pt IX · Ln 25
Net assets
$17K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $17K
Total assets
17K
deployed as grants and operations
Grants paid
65K
in FY2022
Grants made
77grants
total in period
Payout rate
383%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 77 grants · $65K · 2021–2021
Yad YosefNY · FY2021$31,033
Magen Avraham IncorporatedFL · FY2021$4,400
Yad Yosef KollelFY2021$2,683
Nir L'ShimonFY2021$2,600
ShuvuFY2021$1,939
Shaare Torah INCMD · FY2021$1,800
Limudei DaasFY2021$1,800
Lev Chana INCNJ · FY2021$1,799
Keren Hashviis INCNY · FY2021$1,200
Yeshivat Ateret TorahFY2021$1,050
Mesorah PublicationsFY2021$1,000
Yeshivat Mekor HaimFY2021$720
Mabas Fund INCNJ · FY2021$700
Bet Yaacov of the Jersey ShoreFY2021$660
Magen David Congregation of Surfside INCFL · FY2021$619
Kollel of Jersey Shore INCNJ · FY2021$501
Bet Midrash Ohel TorahNJ · FY2021$501
Rachel Leah ChesedFY2021$500
See all 77 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV31
Average grantPart XV$844
Median grantPart XV$200
Largest grantPart XV$31K
Top cause focusNTEEReligion (18%)

Summary of the Filing

Part I · fiscal year 2022 · Form 990-PF
Revenue
$83K
FY2022▲ ×236
Expenses
$66K
FY2022▲ ×68
Total assets
$17K
FY2022▲ ×132
Total liabilities
$0
FY2022
Total revenue
$83K
Pt VIII · Ln 12
Total expenses
$66K
Pt IX · Ln 25
Net assets
$17K
Pt X · Ln 32
Total assetsPt II$17K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMps Foundation INC
EINHdr · item D81-0940084
Principal addressHdr · item CBrooklyn, NY
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officers, directors & key employeesPt VII · Sec ANot reported

Statement of Revenue

Part VIII
Contributions & grants100%$83K
Total revenueLn 12$83K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.99 Operating & administrative $0.01
Grants & contributions paid99%$65K
Operating & administrative1%$695
Total functional expensesLn 25$66K

Balance Sheet

Part X · end of year
CashLn 1$17K
Total assetsLn 16$17K
Total liabilitiesLn 26$0
Total net assetsLn 32$17K
Months of cash on handcomputed3.1

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $17K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $83K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $83K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $83K · Prior year $350
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $17K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $83K · Expenses $66K
+20%
Liabilities-to-Assets
Total liabilities — · Total assets $17K
—
Net-asset ratio
Net assets $17K · Total assets $17K
100%
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $66K
No individual compensation reported on this filing
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth ×236——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2022 (Latest)$83K revenue · viewing · ⤓ 990 PDF
FY2021$350 revenue · ⤓ 990 PDF
FY2020$38K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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