Mfk Charitable Foundation

990PF • Fiscal year 2023 • EIN 26-4457852

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

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.

1.22x

Higher debt load relative to assets than 100% of similar nonprofits.

2023 filings • NTEE T22 • $500k-$1M nonprofits • Source year 2023

2.62x

Higher debt load relative to revenue than 99% of similar nonprofits.

2023 filings • NTEE T22 • $500k-$1M nonprofits • Source year 2023

-45%

Higher net margin than 36% of similar nonprofits.

2023 filings • NTEE T22 • $500k-$1M nonprofits • Source year 2023

Higher top officer pay than 86% of similar nonprofits.

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

2023 filings • NTEE T22 • $500k-$1M nonprofits • Source year 2023

6828%

Faster asset growth than 99% of similar nonprofits.

2023 filings • NTEE T22 • $500k-$1M nonprofits • Annualized from 2022 to 2023

36%

Faster revenue growth than 69% of similar nonprofits.

2023 filings • NTEE T22 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Balance Sheet

Liabilities / Assets100th percentile

Assets

$866,245

Up $853,742 (+6828%) from 2022

Net Assets

Down

-$193,756

Down $181,259 (-1450%) from 2022

Liabilities

$1,060,001

Up $1,035,001 (+4140%) from 2022

Revenue And Expenses

Liabilities / Revenue99th percentile Net Margin36th percentile

Revenue

$405,285

Up $106,464 (+36%) from 2022

Expenses

$588,648

Up $178,097 (+43%) from 2022

Net Income

Down

-$183,363

Down $71,633 (-64%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

Highlighted filing

2023

Assets$866,245

Liabilities$1,060,001

Net Assets-$193,756

Open 2023 Filing

Operations Trend

Revenue Growth69th percentile

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

Highlighted filing

2023

Revenue$405,285

Expenses$588,648

Net Income-$183,363

Open 2023 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2023 to Dec 31, 2023
Signed: Nov 14, 2024
Return Version: 2023v5.0

Compensation and Service Providers

Top Officer Pay86th 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: 2024-11-14

Preparer

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

Raw XML Appendix317 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/AssetDesc	0	TD AMERITRADE
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AssetDesc	1	TD AMERITRADE
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AssetDesc	2	INVESTMENT IN AZURE
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AssetDesc	3	INVESTMENT IN AZURE
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/BasisAmt	0	13161
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/BasisAmt	1	2362
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/BasisAmt	2	182803
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/GrossSalesPriceAmt	0	14405
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/GrossSalesPriceAmt	1	2806
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/GrossSalesPriceAmt	2	10608
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/HowAcquiredTxt	0	PURCHASE
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/HowAcquiredTxt	1	PURCHASE
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/HowAcquiredTxt	2	PURCHASE
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/HowAcquiredTxt	3	PURCHASE
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/TotalNetAmt	0	1244
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/TotalNetAmt	1	444
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/TotalNetAmt	2	-182803
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/TotalNetAmt	3	10608
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt	0	12721
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt	1	845410
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt	0	TD AMERITRADE
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt	1	K-1 AZURE CAPITAL PARTNERS
IRS990PF/AnalysisIncomeProducingActyGrp/DividendsAndInterestFromSecDtl/ExclusionAmt	0	27257
IRS990PF/AnalysisIncomeProducingActyGrp/DividendsAndInterestFromSecDtl/ExclusionCd	0	14
IRS990PF/AnalysisIncomeProducingActyGrp/DividendsAndInterestFromSecDtl/RelatedOrExemptFunctionIncmAmt	0	184
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/RelatedOrExemptFunctionIncmAmt	0	-170507
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionAmt	0	67343
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionCd	0	14
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/RelatedOrExemptFunctionIncmAmt	0	8
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt	0	94600
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/RelatedOrExemptFunctionIncmAmt	0	-170315
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt	0	-75715
IRS990PF/AnalysisOfRevenueAndExpenses/AdjustedNetIncomeAmt	0	94792
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt	0	476100
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt	0	476100
IRS990PF/AnalysisOfRevenueAndExpenses/ContriRcvdRevAndExpnssAmt	0	481000
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsAdjNetIncmAmt	0	27441
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt	0	27441
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt	0	27441
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt	0	-183363
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt	0	27819
IRS990PF/AnalysisOfRevenueAndExpenses/InterestDsbrsChrtblAmt	0	35000
IRS990PF/AnalysisOfRevenueAndExpenses/InterestNetInvstIncmAmt	0	55962
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavingsAdjNetIncmAmt	0	67351
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavNetInvstIncmAmt	0	67351
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavRevAndExpnssAmt	0	67351
IRS990PF/AnalysisOfRevenueAndExpenses/InterestRevAndExpnssAmt	0	90962
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt	0	-170507
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt	0	17759
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt	0	211
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesNetInvstIncmAmt	0	21060
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt	0	21271
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesDsbrsChrtblAmt	0	304
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesNetInvstIncmAmt	0	11
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt	0	315
IRS990PF/AnalysisOfRevenueAndExpenses/TotalAdjNetIncmAmt	0	94792
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt	0	511615
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt	0	77033
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt	0	588648
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt	0	94792
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt	0	405285
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt	0	35515
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt	0	77033
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt	0	112548
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt	0	-183363
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherDecreasesAmt	0	-2104
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt	0	-195860
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt	0	-12497
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt	0	-193756
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt	0	671
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt	0	671
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt	0	671
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt	0	918
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt	0	247
IRS990PF/DistributableAmountGrp/TotalTaxAmt	0	247
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt	0	0
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExtsnRequestIncomeTaxPaidAmt	0	250
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt	0	247
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OverpaymentAmt	0	3
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/RefundAmt	0	3
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt	0	247
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt	0	247
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt	0	250
IRS990PF/FMVAssetsEOYAmt	0	8114
IRS990PF/Form990PFBalanceSheetsGrp/AccountsPayableEOYAmt	0	35001
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt	0	3723
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYAmt	0	8114
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYFMVAmt	0	8114
IRS990PF/Form990PFBalanceSheetsGrp/LoansFromOfficersBOYAmt	0	25000
IRS990PF/Form990PFBalanceSheetsGrp/LoansFromOfficersEOYAmt	0	1025000
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowFASB117Ind	0	X
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsBOYAmt	0	8780
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsEOYAmt	0	858131
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt	0	-12497
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningEOYAmt	0	-193756
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt	0	12503
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt	0	866245
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt	0	8114
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesBOYAmt	0	25000
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt	0	1060001
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt	0	12503
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt	0	866245
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt	0	-12497
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt	0	-193756
IRS990PF/MethodOfAccountingCashInd	0	X
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt	0	18641
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt	0	5920
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt	0	12721
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt	0	280
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt	0	0
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt	0	918
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt	0	18361
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt	0	18641
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt	0	NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt	0	NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.50
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	511615
IRS990PF/PFQualifyingDistributionsGrp/QualifyingDistributionsAmt	0	511615
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	476100
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	476100
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	671
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt	0	671
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt	0	409212
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt	0	377258
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt	0	248045
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt	0	313507
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt	0	146175
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt	0	146175
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt	0	1858966
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt	0	510944
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt	0	409212
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt	0	377258
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt	0	248045
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt	0	313507
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt	0	511615
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt	0	510944
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt	0	2005141
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt	0	1494197
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/ContributorNum	2	3
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	3	4
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	0	MORRIS KARMEL
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	1	FREEMORE REALTY LLC
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	2	MK EXCLUSIVE INC
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	0	1450 59TH STREET
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	1	1010 CONEY ISLAND AVE
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	2	21 REMSEN AVE
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	3	21 REMSEN AVE
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	0	BROOKLYN
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	1	BROOKLYN
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	2	MONSEY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	3	MONSEY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	0	NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	1	NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	2	NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	3	NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	0	11219
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	1	11230
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	2	10952
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	3	10952
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	0	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	1	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	2	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	3	X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	332000
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	1	69000
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	2	70000
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	3	10000
IRS990ScheduleB/GeneralRuleInd	0	X
IRS990ScheduleB/Organization501c3ExemptPFInd	0	X
LoansFromOfficersSchedule/LoansFromOfficerGrp/BalanceDueAmt	0	25000
LoansFromOfficersSchedule/LoansFromOfficerGrp/BalanceDueAmt	1	1000000
LoansFromOfficersSchedule/LoansFromOfficerGrp/InterestRt	0	0.0800
LoansFromOfficersSchedule/LoansFromOfficerGrp/InterestRt	1	0.0350
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderPersonNm	0	MORRIS KARMEL
LoansFromOfficersSchedule/LoansFromOfficerGrp/LenderPersonNm	1	MORRIS KARMEL
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanOriginalAmt	0	100000
LoansFromOfficersSchedule/LoansFromOfficerGrp/LoanOriginalAmt	1	1000000
LoansFromOfficersSchedule/LoansFromOfficerGrp/NoteDt	0	2019-08
LoansFromOfficersSchedule/LoansFromOfficerGrp/NoteDt	1	2023-01
OtherDecreasesSchedule/OtherDecreasesDetail/Amt	0	-2104
OtherDecreasesSchedule/OtherDecreasesDetail/Desc	0	UNREALIZED LOSS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	0	EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	1	BANK CHARGES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	2	TRADING EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	0	211
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	0	38
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	1	21022
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	0	249
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	1	21022
TaxesSchedule/TaxesDetail/Amt	0	304
TaxesSchedule/TaxesDetail/Amt	1	11
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt	0	304
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt	0	11
ReturnHeader/BuildTS	0	2024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	MORRIS KARMEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	FOUNDATION MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	7182088000
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2024-11-14
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/IRSResponsiblePrtyInfoCurrInd	0	false
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	2024-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	PERRY DINTER
ReturnHeader/ReturnTs	0	2024-11-14T20:08:13-05:00
ReturnHeader/ReturnTypeCd	0	990PF
ReturnHeader/TaxPeriodBeginDt	0	2023-01-01
ReturnHeader/TaxPeriodEndDt	0	2023-12-31
ReturnHeader/TaxYr	0	2023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $866,245
Liabilities: $1,060,001
Net assets: -$193,756
Revenue: $405,285
Expenses: $588,648
Net income: -$183,363

	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