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DEMOGRAPHIC

ADDRESS
21 WALTON STREET
11206
COUNTY
kings county, NY

ORGANIZATIONAL OVERVIEW & RANKINGS

MB FOUNDATION is a based in BROOKLYN, NY, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Grantmaking Foundations. Established in July 2013, it operates as an independent trust and contributions to this organization are tax-deductible .

With total assets of $1.00, this ranks 787,075 among 2,656,690 nonprofits nationally (Top 30%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 61,000 out of 159,053 organizations in NY (Top 39%).

In kings county, NY, the organization ranks 5,894 out of 18,995 nonprofits by assets (Top 32%), while locally in brooklyn, it stands at 5,860 among 18,866 organizations (Top 32%).

The organization reported no revenue in the most recent filing period, placing it at 670,115 nationally and 53,999 in NY.

Within its specific NTEE classification (T20 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 31,185 similar organizations, MB FOUNDATION ranks 26,838 in assets (Top 87%) and 1,497 in revenue (Top 5%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2016 .

The organization files a 990 - Not required to file(all other) and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
2: Trust
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T20: Private Grantmaking Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
1: Unconditional Exemption

FINANCIALS

Note: A current revocation appears on the IRS revocation list
Revoked: Sunday, May 15, 2016;

IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.

Data current as of Aug. 2016
TAX PERIOD
12/2012
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$251,408.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
07/2013
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$1.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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