THE MAASER FUND CORP

EIN: 831340128 501(c)(3) Human Services

GREAT NECK, NY

Total Revenue
$311,081
Total Expenses
$279,304
Total Assets
$50,951
Net Assets
$50,951
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NY
Principal Officer
ELIE BASSALIAN
Phone
5168583516
Tax Period
2023-01-01 to 2023-12-31

THE MAASER FUND CORP, founded in 2018, is a small nonprofit in the Human Services sector that reported $311K in total revenue in fiscal year 2023. Revenue surged 277% from the prior year, signaling strong growth momentum. Expenses of $279K left a modest 10% surplus.

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $311,081
Investment Income $0
Other Revenue $0
TOTAL REVENUE $311,081

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $279,304
Other Expenses $279,304
TOTAL EXPENSES $279,304

Year-over-Year Comparison

2023 2022 Change
Revenue $311,081 $82,531 +2.8%
Expenses $279,304 $79,946 +2.5%
Net Income $31,777 $2,585 +11.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIE BASSALIAN PRESIDENT 10.00
Officer Director
$0 $0 $0
ADAM ABITTAN TREASURER 10.00
Officer Director
$0 $0 $0
ADAM LINIEM SECRETARY 10.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $311,081 $279,304 $50,951 $31,777
2022 $82,531 $79,946 $19,174 $2,585
2021 $79,739 $82,697 $16,589 $-2,958
2020 $52,391 $34,343 $19,548 $18,048
2019 No data No data $1,500 No data
2018 No data No data No data No data
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