Civic Intelligence

Mb Foundation

990EZ • Fiscal year 2020 • EIN 84-2955915

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 29, 2021

13922 Normandy CTSugarland, TX 77498

(281) 277-9827

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$5,761

Up $2,577 (+81%) from 2019

Net Assets

Up

$5,761

Up $2,577 (+81%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

Up

$22,730

Up $4,656 (+26%) from 2019

Expenses

Up

$20,153

Up $5,263 (+35%) from 2019

Net Income

Down

$2,577

Down $607 (-19%) from 2019

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0-$10KAssets 2019: $3,184Net Assets 2019: $3,1842019Assets 2020: $5,761Net Assets 2020: $5,7612020Assets 2020: $8,131Net Assets 2020: $8,1312020Assets 2021: $17,956Liabilities 2021: $25,598Net Assets 2021: -$7,6422021Assets 2022: $21,596Net Assets 2022: $21,5962022

Highlighted filing

2020

Assets$5,761
Liabilities-
Net Assets$5,761

Operations Trend

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

$40K$20K$0-$20KRevenue 2019: $18,074Expenses 2019: $14,890Net Income 2019: $3,1842019Revenue 2020: $22,730Expenses 2020: $20,153Net Income 2020: $2,5772020Revenue 2020: $25,100Expenses 2020: $20,153Net Income 2020: $4,9472020Revenue 2021: $20,151Expenses 2021: $33,554Net Income 2021: -$13,4032021Revenue 2022: $32,433Expenses 2022: $3,195Net Income 2022: $29,2382022

Highlighted filing

2020

Revenue$22,730
Expenses$20,153
Net Income$2,577
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 29, 2021
Return Version
2020v4.0
Gross Receipts
$22,730
Mission and Program Overview

Mission

Promote indo-american cultural arts in texas, bring the diverse communities of texas together, talent promotion, concert promotion, educate the students with organization and management skills. Provide various programs and recreation and leisure activities for the empowerment and enhancement of senior community of greater houston.

Program Services

DescriptionGrantsExpenses
NONE-$16,883
THIS EVENT ORGANIZED TO BRING FUND--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DIPAYAN BATTACHRYADirectorPT$0--
MOUSUMI BANERJEEDirectorPT$0--
NEILI BANERJEEDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Mb Foundation
EIN
84-2955915
Phone
2812779827
Address
13922 NORMANDY CT, SUGARLAND, TX 77498

Signing Officer

Name
Mousumi Banerjee
Title
Director
Phone
2812779827
Signed
2021-03-29
Discuss with paid preparer
Yes

Preparer

Firm
Righttaxmate
Address
633 E FERNHURST DR UNIT 1001, KATY, TX 77450
Preparer
Gangaraju Hanumaiah
Phone
8442981040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses artist payment 11,306 dues & subscription 726 conferances/conventions 2,179 printing and stationery 930 supplies 1,742 total 16,883

Form 990-ez, Part III

Promote indo-american cultural arts in texas, bring the diverse communities of texas together, talent promotion, concert promotion, educate the students with organization and management skills. Provide various programs and recreation and leisure activities for the empowerment and enhancement of senior community of greater houston.

Form 990-ez, Part III, Line 31

NONE

Raw XML Appendix119 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0DIPAYAN BATTACHRYA
CompensationExplanation/CompensationExplanationGrp/PersonNm1MOUSUMI BANERJEE
CompensationExplanation/CompensationExplanationGrp/PersonNm2NEILI BANERJEE
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MOUSUMI BANERJEE
IRS990EZ/BooksInCareOfDetail/PhoneNum02812779827
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt013922 NORMANDY COURT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SUGARLAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077498
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03184
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05761
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt022730
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02577
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03270
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03184
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05761
IRS990EZ/GrossReceiptsAmt022730
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03184
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05761
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03184
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MOUSUMI BANERJEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2NEILI BANERJEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt016883
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE INDO-AMERICAN CULTURAL ARTS IN TEXAS, BRING THE DIVERSE COMMUNITIES OF TEXAS TOGETHER, TALENT PROMOTION, CONCERT PROMOTION, EDUCATE THE STUDENTS WITH ORGANIZATION AND MANAGEMENT SKILLS. PROVIDE VARIOUS PROGRAMS AND RECREATION AND LEISURE ACTIVITIES FOR THE EMPOWERMENT AND ENHANCEMENT OF SENIOR COMMUNITY OF GREATER HOUSTON.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THIS EVENT ORGANIZED TO BRING FUND
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1NONE
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt016883
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt020153
IRS990EZ/TotalProgramServiceExpensesAmt016883
IRS990EZ/TotalRevenueAmt022730
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt022730
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt018074
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt040804
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt040804
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt022730
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt018074
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt040804
IRS990ScheduleA/TotalSupportAmt040804
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ARTIST PAYMENT 11,306 DUES & SUBSCRIPTION 726 CONFERANCES/CONVENTIONS 2,179 PRINTING AND STATIONERY 930 SUPPLIES 1,742 TOTAL 16,883
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROMOTE INDO-AMERICAN CULTURAL ARTS IN TEXAS, BRING THE DIVERSE COMMUNITIES OF TEXAS TOGETHER, TALENT PROMOTION, CONCERT PROMOTION, EDUCATE THE STUDENTS WITH ORGANIZATION AND MANAGEMENT SKILLS. PROVIDE VARIOUS PROGRAMS AND RECREATION AND LEISURE ACTIVITIES FOR THE EMPOWERMENT AND ENHANCEMENT OF SENIOR COMMUNITY OF GREATER HOUSTON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NONE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MOUSUMI BANERJEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02812779827
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MB FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MBFO
ReturnHeader/Filer/EIN0842955915
ReturnHeader/Filer/PhoneNum02812779827
ReturnHeader/Filer/USAddress/AddressLine1Txt013922 NORMANDY CT
ReturnHeader/Filer/USAddress/CityNm0SUGARLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077498
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0843398965
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RIGHTTAXMATE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0633 E FERNHURST DR UNIT 1001
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KATY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077450
ReturnHeader/PreparerPersonGrp/PhoneNum08442981040
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GANGARAJU HANUMAIAH
ReturnHeader/ReturnTs02021-05-14T18:17:01-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MOUSUMI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BANERJEE
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings