Mfk Charitable Foundation

990PF • Fiscal year 2021 • EIN 26-4457852

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

Organization Profile

1450 59th StreetBrooklyn, NY 11219

(718) 208-8000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.27x

Higher debt load relative to assets than 94% of similar nonprofits.

2021 filings • NTEE T22 • <$500k nonprofits • Source year 2021

0.07x

Higher debt load relative to revenue than 89% of similar nonprofits.

2021 filings • NTEE T22 • <$500k nonprofits • Source year 2021

-8.7%

Higher net margin than 42% of similar nonprofits.

2021 filings • NTEE T22 • <$500k nonprofits • Source year 2021

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • NTEE T22 • <$500k nonprofits • Source year 2021

-57%

Faster asset growth than 8% of similar nonprofits.

2021 filings • NTEE T22 • <$500k nonprofits • Annualized from 2020 to 2021

0.9%

Faster revenue growth than 52% of similar nonprofits.

2021 filings • NTEE T22 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet

Liabilities / Assets94th percentile

Assets

Down

$93,206

Down $121,358 (-57%) from 2020

Net Assets

Down

$68,206

Down $46,358 (-40%) from 2020

Liabilities

Down

$25,000

Down $75,000 (-75%) from 2020

Revenue And Expenses

Liabilities / Revenue89th percentile Net Margin42nd percentile

Revenue

$351,892

Up $3,193 (+0.9%) from 2020

Expenses

$382,514

Up $108,216 (+39%) from 2020

Net Income

Down

-$30,622

Down $105,023 (-141%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2021

Assets$93,206

Liabilities$25,000

Net Assets$68,206

Open 2021 Filing

Operations Trend

Revenue Growth52nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2021

Revenue$351,892

Expenses$382,514

Net Income-$30,622

Open 2021 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2021 to Dec 31, 2021
Signed: Nov 15, 2022
Return Version: 2021v4.0

Compensation and Service Providers

Top Officer Pay93rd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
MORRIS KARMEL	Foundation M	-	$0	-	-
FRIEDA KARMEL	Foundation M	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Mfk Charitable Foundation
EIN: 26-4457852
Phone: 7182088000
Address: 1450 59TH STREET, BROOKLYN, NY 11219

Signing Officer

Name: Morris Karmel
Title: Foundation Manager
Phone: 7182088000
Signed: 2022-11-15

Preparer

Firm: Solomon Hirsch CPA Pc
Address: 21 REMSEN AVE SUITE 302, MONSEY, NY 10952
Preparer: Perry Dinter
Phone: 8455174222

Raw XML Appendix263 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path	#	Value
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/BasisAmt	0	436823
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/GrossSalesPriceAmt	0	435260
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/HowAcquiredTxt	0	PURCHASE
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/TotalNetAmt	0	-1563
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt	0	86372
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt	0	TD AMERITRADE
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/RelatedOrExemptFunctionIncmAmt	0	-1320
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/RelatedOrExemptFunctionIncmAmt	0	4
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/RelatedOrExemptFunctionIncmAmt	0	-1316
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt	0	-1316
IRS990PF/AnalysisOfRevenueAndExpenses/AdjustedNetIncomeAmt	0	4
IRS990PF/AnalysisOfRevenueAndExpenses/CapGainNetIncmNetInvstIncmAmt	0	243
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt	0	380321
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt	0	380321
IRS990PF/AnalysisOfRevenueAndExpenses/ContriRcvdRevAndExpnssAmt	0	353208
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt	0	-30622
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt	0	435503
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavingsAdjNetIncmAmt	0	4
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavNetInvstIncmAmt	0	4
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavRevAndExpnssAmt	0	4
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt	0	-1320
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt	0	41
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt	0	1961
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesNetInvstIncmAmt	0	206
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt	0	2168
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt	0	25
IRS990PF/AnalysisOfRevenueAndExpenses/TotalAdjNetIncmAmt	0	4
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt	0	382282
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt	0	206
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt	0	382514
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt	0	247
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt	0	351892
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt	0	1961
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt	0	206
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt	0	2193
IRS990PF/CapGainsLossTxInvstIncmDetail/CapitalGainNetIncomeAmt	0	243
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt	0	-30622
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherDecreasesAmt	0	15736
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt	0	83942
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt	0	114564
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt	0	68206
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt	0	5024
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt	0	5024
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt	0	5024
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt	0	5025
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt	0	1
IRS990PF/DistributableAmountGrp/TotalTaxAmt	0	1
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt	0	0
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExtsnRequestIncomeTaxPaidAmt	0	100
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt	0	1
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OverpaymentAmt	0	99
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/RefundAmt	0	99
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt	0	1
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt	0	1
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt	0	100
IRS990PF/FMVAssetsEOYAmt	0	6835
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt	0	8972
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYAmt	0	6834
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYFMVAmt	0	6835
IRS990PF/Form990PFBalanceSheetsGrp/LoansFromOfficersBOYAmt	0	100000
IRS990PF/Form990PFBalanceSheetsGrp/LoansFromOfficersEOYAmt	0	25000
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowFASB117Ind	0	X
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsBOYAmt	0	205592
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsEOYAmt	0	86372
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt	0	114564
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningEOYAmt	0	68206
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt	0	214564
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt	0	93206
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt	0	6835
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesBOYAmt	0	100000
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt	0	25000
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt	0	214564
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt	0	93206
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt	0	114564
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt	0	68206
IRS990PF/MethodOfAccountingCashInd	0	X
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt	0	102021
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt	0	15649
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt	0	86372
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt	0	1530
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt	0	0
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt	0	5025
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt	0	100491
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt	0	102021
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt	0	NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt	0	NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt	1	1.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt	0	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt	1	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	0	MORRIS KARMEL
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	1	FRIEDA KARMEL
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	0	FOUNDATION M
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	1	FOUNDATION M
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	0	1450 59TH STREET
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	1	1450 59TH STREET
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm	0	BROOKLYN
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm	1	BROOKLYN
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd	0	NY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd	1	NY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd	0	11219
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd	1	11219
IRS990PF/Organization501c3ExemptPFInd	0	X
IRS990PF/PFQualifyingDistributionsGrp/ExpensesAndContributionsAmt	0	382282
IRS990PF/PFQualifyingDistributionsGrp/QualifyingDistributionsAmt	0	382282
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd	0	false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd	0	false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd	0	true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd	0	false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd	0	true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd	0	false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd	0	false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd	0	false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd	0	true
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm	0	MORRIS KARMEL
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd	0	false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt	0	1450 59TH STREET
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm	0	BROOKLYN
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd	0	NY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd	0	11219
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd	0	false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd	0	false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd	0	false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd	0	NY
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd	0	false
IRS990PF/StatementsRegardingActyGrp/PhoneNum	0	7182088000
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd	0	false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd	0	true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd	0	false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt	0	N/A
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt	0	THE FOUNDATION IS SOLELY ENGAGED IN GRANT-MAKING ACTIVITIES AND IS FOLLOWING THE SPECIAL RULES
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt	0	N/A
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt	0	TELEPHONE AND MAIL SOLICITATIONS
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm	0	MORRIS KARMEL
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum	0	7182088000
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt	0	1450 59TH STREET
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/CityNm	0	BROOKLYN
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/StateAbbreviationCd	0	NY
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/ZIPCd	0	11219
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt	0	NO RESTRICTIONS
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt	0	NO DEADLINES
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm	0	MORRIS KARMEL
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt	0	380321
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt	0	CHARITABLE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt	0	SEE ATTACHED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt	0	501(C)(3)
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	0	1450 59TH STREET
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	0	BROOKLYN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd	0	NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	0	11219
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt	0	380321
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd	0	false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt	0	5024
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt	0	5024
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt	0	248045
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt	0	313507
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt	0	146175
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt	0	86352
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt	0	75549
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt	0	75549
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt	0	1171337
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt	0	377258
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt	0	248045
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt	0	313507
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt	0	146175
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt	0	86352
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt	0	382282
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt	0	377258
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt	0	1246886
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt	0	869628
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt	0	0
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1Txt	0	BROOKLYN PAINT AND HOME CENTER
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	1
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	1	2
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	0	MORRIS KARMEL
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	0	1450 59TH STREET
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	1	1010 CONEY ISLAND AVE
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	0	BROOKLYN
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	1	BROOKLYN
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	0	NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	1	NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	0	11219
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	1	11230
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	0	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	1	X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	315708
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	1	37500
IRS990ScheduleB/GeneralRuleInd	0	X
IRS990ScheduleB/Organization501c3ExemptPFInd	0	X
LoansFromOfficersSchedule/LoansFromOfficerGrp/BalanceDueAmt	0	25000
LoansFromOfficersSchedule/LoansFromOfficerGrp/InterestRt	0	0.0800
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderPersonNm	0	MORRIS KARMEL
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanOriginalAmt	0	100000
LoansFromOfficersSchedule/LoansFromOfficerGrp/NoteDt	0	2019-08
OtherDecreasesSchedule/OtherDecreasesDetail/Amt	0	15736
OtherDecreasesSchedule/OtherDecreasesDetail/Desc	0	UNREALIZED LOSS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	0	EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	1	BANK CHARGES
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	0	1961
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	0	206
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	0	2168
TaxesSchedule/TaxesDetail/Amt	0	25
TaxesSchedule/TaxesDetail/CategoryTxt	0	INDIRECT TAXES/LICENSES
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	MORRIS KARMEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	FOUNDATION MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	7182088000
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2022-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	MFK CHARITABLE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt	0	MFKC
ReturnHeader/Filer/EIN	0	264457852
ReturnHeader/Filer/PhoneNum	0	7182088000
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	1450 59TH STREET
ReturnHeader/Filer/USAddress/CityNm	0	BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	NY
ReturnHeader/Filer/USAddress/ZIPCd	0	11219
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	133762892
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	SOLOMON HIRSCH CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	21 REMSEN AVE SUITE 302
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	MONSEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	10952
ReturnHeader/PreparerPersonGrp/PhoneNum	0	8455174222
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2022-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	PERRY DINTER
ReturnHeader/ReturnTs	0	2022-11-15T15:58:19-05:00
ReturnHeader/ReturnTypeCd	0	990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	MORRIS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	KARMEL
ReturnHeader/TaxPeriodBeginDt	0	2021-01-01
ReturnHeader/TaxPeriodEndDt	0	2021-12-31
ReturnHeader/TaxYr	0	2021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $93,206
Liabilities: $25,000
Net assets: $68,206
Revenue: $351,892
Expenses: $382,514
Net income: -$30,622

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$0.74	$1.10	$0.36	$0.20	$0.37	$0.17
2023Detailed filing. Detailed filing data is available for this year.	$0.87	$1.06	$0.19	$0.41	$0.59	$0.18
2022Detailed filing. Detailed filing data is available for this year.	$0.01	$0.03	$0.01	$0.30	$0.41	$0.11
2021Detailed filing. Detailed filing data is available for this year.	$0.09	$0.03	$0.07	$0.35	$0.38	$0.03
2020Detailed filing. Detailed filing data is available for this year.	$0.21	$0.10	$0.11	$0.35	$0.27	$0.07
2019Detailed filing. Detailed filing data is available for this year.	$0.14	$0.10	$0.04	$0.34	$0.32	$0.03
2018Detailed filing. Detailed filing data is available for this year.	$0.01	$0.00	$0.01	$0.15	$0.15	$0.01
2017Detailed filing. Detailed filing data is available for this year.	$0.01	$0.00	$0.01	$0.09	$0.09	$0.00
2016Detailed filing. Detailed filing data is available for this year.	$0.01	$0.00	$0.01	$0.04	$0.08	$0.03
2015Detailed filing. Detailed filing data is available for this year.	$0.04	$0.00	$0.04	$0.07	$0.04	$0.04
2014Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.03	$0.03	$0.00
2013Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.02	$0.03	$0.00
2012Detailed filing. Detailed filing data is available for this year.	$0.01	$0.00	$0.01		$0.04
2011Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00		$0.02
2010Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00		$0.03