Maryam Parman Foundation For Children Inc
- Assets
- $470.1k
- Revenue
- $135.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Orange, CA
- Founding
- 10/2018
- Data as of
- 12/2022
- EIN
- 82-3765508
Organization Overview
Maryam Parman Foundation For Children Inc is located in Orange, CA. The organization was established in 2018. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2022, Maryam Parman Foundation For Children Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maryam Parman Foundation For Children 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 12/2022, Maryam Parman Foundation For Children Inc generated $135.8k 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 (26.6%) each year. All expenses for the organization totaled $342.2k during the year ending 12/2022. 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
WE ARE A CALIFORNIA PUBLIC BENEFIT CORPORATION THAT PROVIDES VARIOUS FORMS OF AID TO CHILDREN SUFFERING FROM INJURIES OR DISABILITIES AND THEIR FAMILIES. EACH CHILD IS ASSESSED FOR THEIR INDIVIDUAL NEEDS BEFORE A PERSONALIZED TREATMENT PLAN IS DEVELOPED. CHILDREN ARE PROVIDED WITH MEDICAL DEVICES, DIFFERENT FORMS OF THERAPY AND MORE TO HELP REACH THEIR FULLEST POTENTIAL, DESPITE THEIR FAMILY'S FINANCIAL SITUATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR THERAPY PROGRAM PROVIDED MULTIPLE INJURED CHILDREN WITH VARIOUS FORMS OF THERAPY THROUGHOUT THE YEAR. TYPES OF THERAPY FUNDED BY OUR FOUNDATION INCLUDED SWIM THERAPY, OCCUPATIONAL THERAPY, HORSE THERAPY, SPEECH THERAPY AND HYPERBARIC CHAMBER TREATMENT THERAPY. WITHIN OUR THERAPY GRANT WE ALSO SEND RIDES TO CHILDREN AND THEIR FAMILIES WHO ARE UNABLE TO DRIVE TO MAKE IT TO THEIR THERAPY APPOINTMENTS.
OUR MEDICAL DEVICE PROGRAM PROVIDES CHILDREN WITH VITAL MEDICAL DEVICES THEIR FAMILY CANNOT AFFORD. THESE MEDICAL DEVICES ALLOW CHILDREN TO DO THERAPY AT THEIR HOMES AND GET AROUND EASIER IN THEIR DAILY LIVES. THESE MEDICAL DEVICES ARE BIG OUT-OF-POCKET EXPENSES FAMILIES TYPICALLY HAVE TO PAY FOR OUTSIDE OF INSURANCE.
OUR PROGRAM EXPENSES COVER THE FEDEX, UPS OR USPS CHARGES TO SEND OUR CHILDREN VARIOUS CORRESPONDENCES AND TO MAIL OUT THEIR WELCOME PACKAGES WHICH INCLUDES BLANKETS FOR THEM AND THEIR SIBLINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Taylor Smith Executive Dir. | OfficerTrustee | 25 | $42,983 |
Maryam Parman President | OfficerTrustee | 2 | $0 |
Pam Algorri Secretary | OfficerTrustee | 2 | $0 |
Gerald Klein Director | OfficerTrustee | 2 | $0 |
Elmira Najafi Treasurer | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | -$149,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $188,034 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,134 |
| Total Program Service Revenue | $0 |
| Investment income | $78 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $96,818 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $135,776 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $138,252 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $42,983 |
| Compensation of current officers, directors, key employees. | $21,492 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,067 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,235 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,232 |
| Advertising and promotion | $43,998 |
| Office expenses | $3,596 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,400 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,352 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $14,409 |
| All other expenses | $289 |
| Total functional expenses | $342,205 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,697 |
| Savings and temporary cash investments | $384,419 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $470,116 |
| Accounts payable and accrued expenses | $7,958 |
| Grants payable | $149,900 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $157,858 |
| Net assets without donor restrictions | $312,258 |
| Net assets with donor restrictions | $0 |
| 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 | $470,116 |