Parami Liberal Arts & Sciences Fund
- Assets
- $1.4m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Accord, NY
- Founding
- Data as of
- 12/2021
- EIN
- 84-4813063
Organization Overview
Parami Liberal Arts & Sciences Fund is located in Accord, NY. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Parami Liberal Arts & Sciences Fund 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, Parami Liberal Arts & Sciences Fund generated $1.6m in total revenue. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 200.5% per year over the past 2 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A BROAD-BASED EDUCATION IN MULTIPLE DISCIPLINES TO NURTURE AND EMPOWER MYANMARS YOUNG PEOPLE WITH ENGAGED CRITICAL THINKING AND ANALYSIS SKILLS THEY NEED TO BE EFFECTIVE LEADERS AND CITIZENS. PARAMI INSTITUTE ORGANIZES A VARIETY OF EDUCATIONAL PROGRAMS, EVENTS, AND ADVOCACY INITIATIVES THAT ENGAGE BOTH STUDENTS AND THE GENERAL PUBLIC IN THE PUSH TO MAKING HIGH-QUALITY HIGHER EDUCATION OPPORTUNITIES MORE READILY AVAILABLE TO MYANMARS YOUNG PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL AND DEVELOPMENT SUPPORT FOR POST SECONDARY EDUCATION, PROGRAMMING, AND DEVELOPMENT GRANT FOR PARAMI UNIVERSITY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stuart Brodsky President | Officer | 2 | $0 |
Zali Win Treasurer | Officer | 2 | $0 |
Cameron Bonner Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $101,310 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,499,965 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,601,275 |
| Total Program Service Revenue | $0 |
| Investment income | $662 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,601,937 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,010 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $556 |
| Travel | $1,302 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $960 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $247 |
| Total functional expenses | $1,184,910 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $433,239 |
| Savings and temporary cash investments | $0 |
| 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 | $1,001,572 |
| Total assets | $1,434,811 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $1,000,000 |
| 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 | $1,000,000 |
| Net assets without donor restrictions | $364,552 |
| Net assets with donor restrictions | $70,259 |
| 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 | $1,434,811 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Parami Liberal Arts & Sciences Fund has recieved totaling $27,000.
| Awarding Organization | Amount |
|---|---|
American Friends Of Prospect Burma Accord, NY | | $20,000 |
Better Burma Woodland Park, CO PURPOSE: CHARITABLE | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Say Yes Buffalo Scholarship Inc Buffalo, NY | $26,879,466 | $14,014,941 |
The Heckscher Foundation For Children New York, NY | $236,760,119 | $11,760,357 |
United Federation Of Teachers Educational Foundation Inc New York, NY | $18,651,586 | $11,866,585 |
Vista Foundation Hershey, PA | $12,658,681 | $12,905,128 |
Caroline & Joseph S Gruss Life Monument Funds Inc New York, NY | $48,124,527 | $2,679,769 |
Storehouse For Teachers Pittsburgh, PA | $4,365,823 | $11,202,988 |
Five Colleges Incorporated Amherst, MA | $34,378,872 | $10,361,692 |
Suny Impact Foundation Inc New York, NY | $1,805,430 | $8,847,404 |
Poughkeepsie Public School Teachers Asso Trust Fund Poughkeepsie, NY | $14,239,734 | $11,580,276 |
Elevate 215 Philadelphia, PA | $9,991,857 | $10,518,985 |
Meged Shomayim Airmont, NY | $573,750 | $8,461,954 |
Nli Usa Inc New York, NY | $11,341,396 | $10,639,057 |