Civic Intelligence

Mb Foundation

990EZ • Fiscal year 2024 • EIN 84-2955915

Jan 01, 2024 to Dec 31, 2024 • Filed on Apr 15, 2025

Organization ProfileN/A
9476 Hwy 6 SouthHouston, TX 77083

(281) 277-9827

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

75th percentile

21%

Higher net margin than 75% of similar nonprofits.

2024 filings • 501(c)3 • <$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.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

95th percentile

171%

Faster asset growth than 95% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-27%

Faster revenue growth than 20% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$7,046

Down $14,550 (-67%) from 2022

Net Assets

Down

$7,046

Down $14,550 (-67%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin75th percentile

Revenue

Down

$20,824

Down $11,609 (-36%) from 2022

Expenses

Up

$16,376

Up $13,181 (+413%) from 2022

Net Income

Down

$4,448

Down $24,790 (-85%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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: $8,131Net Assets 2020: $8,1312020Assets 2021: $17,956Liabilities 2021: $25,598Net Assets 2021: -$7,6422021Assets 2022: $21,596Net Assets 2022: $21,5962022Assets 2024: $7,046Net Assets 2024: $7,0462024

Highlighted filing

2024

Assets$7,046
Liabilities-
Net Assets$7,046
Open 2024 Filing

Operations Trend

Revenue Growth20th percentile

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: $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: $29,2382022Revenue 2024: $20,824Expenses 2024: $16,376Net Income 2024: $4,4482024

Highlighted filing

2024

Revenue$20,824
Expenses$16,376
Net Income$4,448
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 15, 2025
Return Version
2024v5.1
Gross Receipts
$20,824
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
IACCH Org Fundraising Gala-$1,000
Senjuthi Das Live in Concert-$680
CRY AMERICA Fundraising events-$400
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MOUSUMI BANERJEEDirectorPT$0--
NEIL BANERJEEDirectorPT$0--
DIPAYAN BHATTACHRYADirector-$0--
Filing and Contact Details

Filer

Filer Name
Mb Foundation
EIN
84-2955915
Phone
2812779827
Address
9476 HWY 6 SOUTH, HOUSTON, TX 77083

Signing Officer

Name
Mousumi Banerjee
Title
Director
Signed
2025-04-15
Discuss with paid preparer
Yes

Preparer

Firm
RightTaxMate Inc
Address
633 E Fernhurst Dr Unit 1001, Katy, TX 77450
Preparer
Joy Sequeira
Phone
8442981040
Supplemental Narrative

Additional Explanations

Other Revenue.1

“Other income $390”

Other Expenses.1001

“Advertising and Promotion $1361”

Other Expenses.1002

“Office Expenses $189”

Other Expenses.1009

“Depreciation $439”

Other Expenses.1

“Artist Payment $10592”

Other Expenses.2

“Event Expense $1680”

Other Expenses.3

“Dues and Subcription $1025”

Other Expenses.5

“Legal & Professional $450”

Other Expenses.6

“Taxes and License $57”

Other Expenses.10

“Bank Charges $-41”

Other Assets.1003

“Machinery and Equipment - Beginning $1097 Machinery and Equipment - Ending $658”

Raw XML Appendix157 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MOUSUMI BANERJEE
IRS990EZ/BooksInCareOfDetail/PhoneNum02812779827
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt09476 HWY 6 SOUTH
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HOUSTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077083
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01501
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06388
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt014739
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04448
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02598
IRS990EZ/Form990TotalAssetsGrp/EOYAmt07046
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt020824
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02598
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07046
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt02598
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07046
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MOUSUMI BANERJEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NEIL BANERJEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DIPAYAN BHATTACHRYA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01097
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0658
IRS990EZ/OtherExpensesTotalAmt015752
IRS990EZ/OtherRevenueTotalAmt0390
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/PrintingPublicationsPostageAmt0624
IRS990EZ/ProgramServiceRevenueAmt05695
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Senjuthi Das Live in Concert
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1IACCH Org Fundraising Gala
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2CRY AMERICA Fundraising events
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0680
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt11000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt2400
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt016376
IRS990EZ/TotalProgramServiceExpensesAmt02080
IRS990EZ/TotalRevenueAmt020824
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt020434
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt023538
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06835
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt020151
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt022730
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt093688
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt093688
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt020434
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt023538
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt06835
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt020151
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt022730
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt093688
IRS990ScheduleA/TotalSupportAmt093688
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other income $390
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $1361
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $189
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $439
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Artist Payment $10592
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Event Expense $1680
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Dues and Subcription $1025
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Legal & Professional $450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Taxes and License $57
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Bank Charges $-41
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Machinery and Equipment - Beginning $1097 Machinery and Equipment - Ending $658
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Assets.1003
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mousumi Banerjee
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MB FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MBFO
ReturnHeader/Filer/EIN0842955915
ReturnHeader/Filer/PhoneNum02812779827
ReturnHeader/Filer/USAddress/AddressLine1Txt09476 HWY 6 SOUTH
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077083
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0843398965
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RightTaxMate Inc
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/PreparerPersonNm0Joy Sequeira
ReturnHeader/ReturnTs02025-04-15T15:41:23-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,046
Liabilities
-
Net assets
$7,046
Revenue
$20,824
Expenses
$16,376
Net income
$4,448
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.05$7.05$20.8$16.4$4.45
2022Detailed filing. Detailed filing data is available for this year.$21.6$21.6$32.4$3.20$29.2
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.0$25.6$7.64$20.2$33.6$13.4
2020Detailed filing. Detailed filing data is available for this year.$8.13$8.13$25.1$20.2$4.95
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.18$3.18$18.1$14.9$3.18