Persian Parade Foundation Inc is located in New York, NY. The organization was established in 2006. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Persian Parade Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Persian Parade Foundation Inc generated $13.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (26.3%) each year. All expenses for the organization totaled $6.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (34.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SPONSORED, ORGANIZED AND CONDUCTED A CULTURAL PARADE IN THE CITY OF NEW YORK FOR THE CELEBRATION OF NOWRUZ, THE FIRST DAY OF SPRING AND START OF THE IRANIAN NEW YEAR.DUE TO COVID RESTRICTIONS, NO FUNDRAISING OR PARADE DURING 2021.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Mahshid Assadi VP & Treasurer | 10 | $0 | |
Mahdis Assadi Behzadi Secretary | 10 | $0 | |
Iraj Javid President | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $13,112 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $13,112 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $6,255 |
Total expenses | $6,255 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $53,601 |
Other assets | $0 |
Total assets | $53,601 |
Total liabilities | $0 |
Net assets or fund balances | $53,601 |
Over the last fiscal year, we have identified 1 grants that Persian Parade Foundation Inc has recieved totaling $500.
Awarding Organization | Amount |
---|---|
Robert & Simone Kahen Foundation Inc Great Neck, NY PURPOSE: GENERAL DONATION | $500 |
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