Persian American Cultural Society Inc
- Assets
- $211.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milford, OH
- Founding
- 01/2016
- Data as of
- 12/2021
- EIN
- 81-0910258
Organization Overview
Persian American Cultural Society Inc is located in Milford, OH. The organization was established in 2016. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Persian American Cultural Society 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 American Cultural Society Inc generated $21.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $20.2k during the year ending 12/2021. 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
COLLEGE AND UNIVERSITY STUDENTS SCHOLARSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Majid Samarghandi Chairperson | 2 | $0 | |
Mercedeh Namei Treasurer | 2 | $0 | |
Freidoon Ghazi Vice Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,859 |
| 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 | $21,859 |
| 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 | $20,207 |
| Total expenses | $20,207 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $211,355 |
| Other assets | $0 |
| Total assets | $211,355 |
| Total liabilities | $24,498 |
| Net assets or fund balances | $186,857 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Persian American Cultural Society Inc has recieved totaling $80,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $40,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of Hospital Medicine Philadelphia, PA | $18,912,774 | $11,282,806 |
Pennsylvania School Boards Association Inc Mechanicsburg, PA | $12,806,871 | $8,442,070 |
Ohio School Boards Association Columbus, OH | $19,022,558 | $9,269,056 |
South Carolina Center For Fathers And Families Cleveland, OH | $2,234,846 | $8,447,371 |
Ohio Society Of Certified Public Accountants Columbus, OH | $10,948,438 | $7,921,101 |
Charter School Of The Dunes Inc Gary, IN | $14,167,237 | $8,545,161 |
National Association Of Colleges And Employers Bethlehem, PA | $16,581,342 | $8,504,625 |
Indiana Association For The Education Of Children Inc Indianapolis, IN | $1,546,703 | $6,038,887 |
National Association Of College Stores Inc Oberlin, OH | $6,119,937 | $5,949,877 |
New Prairie United School Building Corporation New Carlisle, IN | $68,234,946 | $7,118,037 |
Council Of International Schools Inc Twinsburg, OH | $6,821,075 | $3,986,944 |
Democracy Collaborative Foundation Inc Cleveland, OH | $2,262,118 | $2,304,413 |