Palos Verdes Iranian Children & Youth Cultural Society
- Assets
- $459.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Torrance, CA
- Founding
- 12/1993
- Data as of
- 12/2022
- EIN
- 33-0398835
Organization Overview
Palos Verdes Iranian Children & Youth Cultural Society is located in Torrance, CA. The organization was established in 1993. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palos Verdes Iranian Children & Youth Cultural Society 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, Palos Verdes Iranian Children & Youth Cultural Society generated $37.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $49.5k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TEACHING FARSI LANGUAGE AND PERSIAN CULTURE, INLCUDING IRANIAN NEW YEAR CULTURAL EVENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roozbeh Sahrai Board Trustee | 2 | $0 | |
Homeyra Savar Co-President | 2 | $0 | |
Ali Jalali Board Member | 2 | $0 | |
Mojgan Sanjar Co-President | 2 | $0 | |
Mojgan Saghez Secretary | 2 | $0 | |
Fatemeh Vahedi Board Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,100 |
| Total Program Service Revenue | $4,405 |
| Membership dues | $0 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,028 |
| Other Revenue | $0 |
| Total Revenue | $37,546 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,424 |
| Professional fees and other payments to independent contractors | $650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,382 |
| Total expenses | $49,456 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,047 |
| Other assets | $0 |
| Total assets | $459,241 |
| Total liabilities | $0 |
| Net assets or fund balances | $459,241 |