Mjya Foundation Inc

Nonprofit profile at a glance

EIN
814903972
IRS 990-EZ coverage
2017–2017
Forms available
Form 990-EZ 2017
Location
Lawrence, NY, USA
Phone
8886592674
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$191,954
Expenses
$221,475
Assets
$2,452
Liabilities
$31,973

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • AARON ROSS (PRESIDENT/TREASURER)

People named in this filing

  • AARON ROSS (PRESIDENT/TREASURER)
  • ALAN WINDER (SECRETARY)
  • DOV MOSKOWITZ (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Mjya foundation has been organized to provide benevolent assistance and charitable giving in its community. More specifically, the organization will provide benevolent assistance in the form of food, clothing, and basic necessities as well as transportation and mentoring for individuals throughout the community of lawrence, New York. It will also provide charitable distributions to qualifying nonprofit organizations throughout the state whose programs provide assistance and education for youths. By providing this charitable and benevolent assistance program, mf will help to improve the quality of life for individuals throughout its community.

What it reported doing in 2017

Helping kids shinethe mjya foundation helps children from low-income families shine. We bought them toys and other prizes for the holidays and gave gift cards for them to purchase their own presents. The foundation also gave food cards from the local supermarkets out to many of the children to enable them to buy their own snacks, and even arranged birthday parties for many of the children. When the holidays approached, we partnered with the leon mayer fund to ensure that many children would receive presents and treats. The kids that were doing well in school were frequently treated to meals with their friends, and the weaker students received tutoring help. When the summer arrived, we helped many children go to sleepaway camps and day camps and helped out with the expenses of clothing and sports equipment. All in all, we helped over 350 children in the five towns and far rockaway and gave them their chance to shine.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 82
  • Sustainability: 13
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.7%; rating input score 99
  • Program expense ratio: 85.5%; rating input score 86

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -15.4%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 0.01; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: 13.04; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 98.7% of revenue deployed · 85.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $189K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 9/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.