Pars Equality Center
- Assets
- $3.6m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 29
- Location
- Menlo Park, CA
- Founding
- 10/2011
- Data as of
- 12/2022
- EIN
- 27-2969900
Organization Overview
Pars Equality Center is located in Menlo Park, CA. The organization was established in 2011. According to its NTEE Classification (R22) the organization is classified as: Minority Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2022, Pars Equality Center employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pars Equality Center 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 12/2022, Pars Equality Center generated $4.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $3.2m during the year ending 12/2022. While expenses have increased by 5.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OFFER AND SOLICIT SOCIAL AND LEGAL SUPPORT FOR ALL MEMBERS OF THE IRANIAN AMERICAN COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paris Scott Legal Director | 40 | $139,750 | |
Peyman Malaz Managing Director | 40 | $115,000 | |
Sargis Babakhanian Controller | Officer | 40 | $105,110 |
Bita Daryabari Chair & Executive Director | OfficerTrustee | 24 | $0 |
Reza Odabaee Chief Operating Officer | OfficerTrustee | 24 | $0 |
Francis Najafi Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $489,191 |
| Related organizations | $0 |
| Government grants | $2,193,088 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,270,525 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,952,804 |
| Total Program Service Revenue | $150,072 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,481 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,109,357 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $271,062 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $105,110 |
| Compensation of current officers, directors, key employees. | $105,110 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,644,880 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $404,069 |
| Payroll taxes | $2,142 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $453 |
| Fees for services: Accounting | $54,956 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $215,301 |
| Advertising and promotion | $0 |
| Office expenses | $106,651 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $260,449 |
| Travel | $35,502 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,695 |
| All other expenses | $0 |
| Total functional expenses | $3,243,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,702,126 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $376,081 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $87,898 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $425,917 |
| Total assets | $3,592,022 |
| Accounts payable and accrued expenses | $161,576 |
| Grants payable | $0 |
| Deferred revenue | $17,491 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $419,369 |
| Total liabilities | $598,436 |
| Net assets without donor restrictions | $2,848,717 |
| Net assets with donor restrictions | $144,869 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,592,022 |
Grants Awarded
Over the last fiscal year, Pars Equality Center has awarded $131,627 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL RESCUEE COMMITTEE PURPOSE: GENERAL SUPPORT | $125,104 |
ARMENIAN RELIEF SOCIETY OF WESTERN USA INC PURPOSE: PROVIDE ASSISTANCE | $6,523 |