Civic Intelligence

The Maaser Fund Corp

EIN 83-1340128 • 501(c)3 • Great Neck, NY

Profile

The maaser fund corp is formed to help disadvantaged families by providing financial assistance, food, clothing and supplies to the needy and money and grants to charitable tax-exempt organizations to help them lead more productive lives and return to a normal and safe way of living.

185 Great Neck Road Suite 420Great Neck, NY 11021

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

64th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE P40 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE P40 • <$500k nonprofits • Source year 2024

Net Margin

12th percentile

-20%

Higher net margin than 12% of similar nonprofits.

NTEE P40 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

NTEE P40 • <$500k nonprofits • Source year 2024

Asset Growth

16th percentile

-48%

Faster asset growth than 16% of similar nonprofits.

NTEE P40 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

11th percentile

-60%

Faster revenue growth than 11% of similar nonprofits.

NTEE P40 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets64th percentile

Assets

Down

$26,511

Down $24,440 (-48%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$26,511

Down $24,440 (-48%) from 2023

Operations
Liabilities / Revenue66th percentileNet Margin12th percentile

Revenue

Down

$125,253

Down $185,828 (-60%) from 2023

Expenses

Down

$149,693

Down $129,611 (-46%) from 2023

Net Income

Down

-$24,440

Down $56,217 (-177%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth16th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018Assets 2019: $1,500Liabilities 2019: $0Net Assets 2019: $1,5002019Assets 2020: $19,548Liabilities 2020: $0Net Assets 2020: $19,5482020Assets 2021: $16,589Liabilities 2021: $0Net Assets 2021: $16,5892021Assets 2022: $19,174Liabilities 2022: $0Net Assets 2022: $19,1742022Assets 2023: $50,951Liabilities 2023: $0Net Assets 2023: $50,9512023Assets 2024: $26,511Liabilities 2024: $0Net Assets 2024: $26,5112024

Highlighted filing

2024

Assets$26,511
Liabilities$0
Net Assets$26,511
Open 2024 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $52,391Expenses 2020: $34,343Net Income 2020: $18,0482020Revenue 2021: $79,739Expenses 2021: $82,697Net Income 2021: -$2,9582021Revenue 2022: $82,531Expenses 2022: $79,946Net Income 2022: $2,5852022Revenue 2023: $311,081Expenses 2023: $279,304Net Income 2023: $31,7772023Revenue 2024: $125,253Expenses 2024: $149,693Net Income 2024: -$24,4402024

Highlighted filing

2024

Revenue$125,253
Expenses$149,693
Net Income-$24,440
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$26,511
Liabilities
$0
Net assets
$26,511
Revenue
$125,253
Expenses
$149,693
Net income
-$24,440
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.00$0.27$1.25$1.50$0.24
2023Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$3.11$2.79$0.32
2022Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.83$0.80$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.80$0.83$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.52$0.34$0.18
2019Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.00$0.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 21, 2025
Return Version
2024v5.2
Gross Receipts
$125,253
Mission and Program Overview

Mission

The maaser fund corp is formed to help disadvantaged families by providing financial assistance, food, clothing and supplies to the needy and money and grants to charitable tax-exempt organizations to help them lead more productive lives and return to a normal and safe way of living.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$50,951$26,511▼ $24,440
Rtn Earn Endowment Incm Other Fnds$50,951$26,511▼ $24,440
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$50,951$26,511▼ $24,440
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$50,951$26,511▼ $24,440
Total Liabilities and Net Assets / Fund Balance$50,951$26,511▼ $24,440
Compensation and Service Providers
Top Officer Pay79th percentile

Board Members and Trustees

NameTitle
Elie BassalianPresident
Adam LiniemSecretary
Adam AbittanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$125,253
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-24,440
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$149,693
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$148,376--$148,376
Office Expenses$1,242--$1,242
Other Expenses$75--$75
Total Functional Expenses$149,693$0$0$149,693
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“No review was or will be conducted.”

Form 990, Part VI, Section C, Line 18

“UPON REQUEST.”

Form 990, Part VI, Section C, Line 19

“No other documents available to the public.”

Filing and Contact Details

Filer

Filer Name
The Maaser Fund Corp
EIN
83-1340128
Phone
5168583516
Address
185 GREAT NECK ROAD SUITE 420, GREAT NECK, NY 11021

Signing Officer

Name
Elie Bassalian
Title
President
Phone
5168583516
Signed
2025-10-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elie Bassalian
Formed
2018
Legal Domicile
Ny
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Mordfin Llp
Address
150 GREAT NECK RD 201, GREAT NECK, NY 11021
Preparer
Stuart Mordfin
Phone
5168299088
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Donations: program service expenses 148,376. Management and general expenses 0. Fundraising expenses 0. Total expenses 148,376.”

Raw XML Appendix266 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
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IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ELIE BASSALIAN
IRS990/BooksInCareOfDetail/PhoneNum05168299088
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
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IRS990/Form990PartVIISectionAGrp/PersonNm1ADAM ABITTAN
IRS990/Form990PartVIISectionAGrp/PersonNm2ADAM LINIEM
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
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IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0125253
IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt026511
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IRS990/NondeductibleContributionsInd00
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IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FILING FEE
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IRS990/PartialLiquidationInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DONATIONS: PROGRAM SERVICE EXPENSES 148,376. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 148,376.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ELIE BASSALIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05168583516
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE MAASER FUND CORP
ReturnHeader/Filer/BusinessNameControlTxt0MAAS
ReturnHeader/Filer/EIN0831340128
ReturnHeader/Filer/PhoneNum05168583516
ReturnHeader/Filer/USAddress/AddressLine1Txt0185 GREAT NECK ROAD SUITE 420
ReturnHeader/Filer/USAddress/CityNm0GREAT NECK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011021
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0112288784
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MORDFIN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0150 GREAT NECK RD 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREAT NECK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011021
ReturnHeader/PreparerPersonGrp/PhoneNum05168299088
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STUART MORDFIN
ReturnHeader/ReturnTs02025-10-21T08:19:11-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. NTEE P40 • <$500k nonprofits