Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.43x
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
10th percentile
Higher net margin than 10% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
94th percentile
Faster asset growth than 94% of similar nonprofits.
Revenue Growth
37th percentile
Faster revenue growth than 37% of similar nonprofits.
Balance Sheet
Assets
Up$17,956
Up $9,825 (+121%) from 2020
Net Assets
Down-$7,642
Down $15,773 (-194%) from 2020
Liabilities
$25,598
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Down$20,151
Down $4,949 (-20%) from 2020
Expenses
Up$33,554
Up $13,401 (+66%) from 2020
Net Income
Down-$13,403
Down $18,350 (-371%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Jul 27, 2022
- Return Version
- 2021v4.2
- Gross Receipts
- $20,151
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.
REFER SCHEDULE O
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THIS EVENT ORGANIZED TO BRING FUND | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MOUSUMI BANERJEE | Director | PT | $0 | - | - |
| NEIL BANERJEE | Director | PT | $0 | - | - |
| DIPAYAN BHATTACHRYA | Director | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Mb Foundation
- EIN
- 84-2955915
- Address
- 9476 HWY 6 SOUTH, HOUSTON, TX 77083
Signing Officer
- Name
- Mousumi Banerjee
- Title
- Manager
- Phone
- 8328415727
- Signed
- 2022-07-27
- Discuss with paid preparer
- Yes
Preparer
- Firm
- RightTaxMate Inc
- Address
- 633 E Fernhurst Dr Unit 1001, Katy, TX 77450
- Preparer
- Gangaraju Hanumaiah
- Phone
- 8442981040
Supplemental Narrative
Additional Explanations
Description of other expenses Part I line 16
“Description amountartist payment 12,661bank charges 4contract payments 2,721dues & subscription 1,417event expense 868offshore expense 13,359payment to volunteers 235supplies 54”
Description of total liabilities Part II line 26
“Category beginning of year end of yearsba loan 0 25,598”
Part III response or note to any other line in Part III
“Promote indo-american cultural arts in texas, bring the diverse communitiesof texas together, talent promotion, concert promotion, educate thestudents with organization and management skills. Provide various programsand recreation and leisure activities for the empowerment and enhancementof senior community of greater houston.”
Raw XML Appendix144 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | MOUSUMI BANERJEE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2812779827 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 9476 HWY 6 SOUTH |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | HOUSTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 77083 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 5761 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 17956 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 13200 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -13403 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 775 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 5761 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 17956 |
| IRS990EZ/GrossReceiptsAmt | 0 | 20151 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 5761 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -7642 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 5761 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -7642 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 811 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 15.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MOUSUMI BANERJEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | NEIL BANERJEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DIPAYAN BHATTACHRYA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 31319 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | REFER SCHEDULE O |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 649 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 6951 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THIS EVENT ORGANIZED TO BRING FUND |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 25598 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 33554 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 20151 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 20151 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 22730 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 18074 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 60955 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.80340 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 48974 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 11981 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 20151 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 22730 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 18074 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 60955 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 60955 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION AMOUNTARTIST PAYMENT 12,661BANK CHARGES 4CONTRACT PAYMENTS 2,721DUES & SUBSCRIPTION 1,417EVENT EXPENSE 868OFFSHORE EXPENSE 13,359PAYMENT TO VOLUNTEERS 235SUPPLIES 54 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | CATEGORY BEGINNING OF YEAR END OF YEARSBA LOAN 0 25,598 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PROMOTE INDO-AMERICAN CULTURAL ARTS IN TEXAS, BRING THE DIVERSE COMMUNITIESOF TEXAS TOGETHER, TALENT PROMOTION, CONCERT PROMOTION, EDUCATE THESTUDENTS WITH ORGANIZATION AND MANAGEMENT SKILLS. PROVIDE VARIOUS PROGRAMSAND RECREATION AND LEISURE ACTIVITIES FOR THE EMPOWERMENT AND ENHANCEMENTOF SENIOR COMMUNITY OF GREATER HOUSTON. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of total liabilities Part II line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part III response or note to any other line in Part III |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MOUSUMI BANERJEE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | MANAGER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8328415727 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-07-27 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MB FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MBFO |
| ReturnHeader/Filer/EIN | 0 | 842955915 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 9476 HWY 6 SOUTH |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HOUSTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 77083 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 843398965 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | RightTaxMate Inc |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 633 E Fernhurst Dr Unit 1001 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Katy |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 77450 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8442981040 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-09-06 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Gangaraju Hanumaiah |
| ReturnHeader/ReturnTs | 0 | 2022-09-06T04:49:45-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | MOUSUMI |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | BANERJEE |
| 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 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $17,956
- Liabilities
- $25,598
- Net assets
- -$7,642
- Revenue
- $20,151
- Expenses
- $33,554
- Net income
- -$13,403