Ardeshir Falaki Foundation
- Assets
- $146.9k
- Revenue
- $3.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Beverly, MA
- Founding
- 04/2002
- Data as of
- 12/2023
- EIN
- 77-0552975
Organization Overview
Ardeshir Falaki Foundation is located in Beverly, MA. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ardeshir Falaki Foundation 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 12/2023, Ardeshir Falaki Foundation generated $3.4k 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 (10.4%) each year. All expenses for the organization totaled $1.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (23.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ardeshir Falaki President/director | 0 | $0 | |
Joseph Mercurio Treasurer | 0 | $0 | |
Joseph Mercurio Secretary | 0 | $0 | |
Bambi Savage Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,198 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$837 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,361 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $78 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,489 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,453 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $143,458 |
| Total assets | $146,911 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ardeshir Falaki Foundation has awarded $7,250 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CEDARS-SINAI PURPOSE: SUPPORT FOR THE DIVERSE LOS ANGELES COMMUNITY AND BEYOND TO PIONEER LIFESAVING MEDICAL RESEARCH AND OFFER EDUCATION PROGRAMS THAT DEFINE THE FUTURE OF HEALTHCARE. | $5,000 |
INNOCENCE PROJECT PURPOSE: SUPPORT TO PROVIDE DIRECT REPRESENTATION OR CRITICAL ASSISTANCE TO FREE THE INNOCENT | $750 |
TAKING THE REINS PURPOSE: SUPPORT FOR AT-RISK GIRLS TO ACT WITH COURAGE AND CONFIDENCE THROUGH EXPERIENCES WITH HORSES AND NATURE. | $750 |
THE AMERICAN MELANOMA FOUNDATION PURPOSE: SUPPORT FOR SPECIFIC RESEARCH FOR NEW TREATMENT APPROACHES IN MELANOMA. | $750 |