Civic Intelligence

Persian Parade Foundation Inc.

990EZ • Fiscal year 2016 • EIN 20-1997943

Jan 01, 2016 to Dec 31, 2016 • Filed on May 23, 2017

PO Box 230408New York, NY 10023

(201) 394-9290

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

11th percentile

-22%

Higher net margin than 11% of similar nonprofits.

2016 filings • NTEE N • <$500k nonprofits • Source year 2016

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • NTEE N • <$500k nonprofits • Source year 2016

Asset Growth

6th percentile

-52%

Faster asset growth than 6% of similar nonprofits.

2016 filings • NTEE N • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

15th percentile

-24%

Faster revenue growth than 15% of similar nonprofits.

2016 filings • NTEE N • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$16,917

Down $18,308 (-52%) from 2015

Net Assets

Down

$16,917

Down $18,308 (-52%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$84,685

Down $26,610 (-24%) from 2015

Expenses

Down

$102,993

Down $16,633 (-14%) from 2015

Net Income

Down

-$18,308

Down $9,977 (-120%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2011: $43,516Net Assets 2011: $43,5162011Assets 2012: $36,931Liabilities 2012: $1,301Net Assets 2012: $35,6302012Assets 2013: $50,188Net Assets 2013: $50,1882013Assets 2014: $43,556Net Assets 2014: $43,5562014Assets 2015: $35,225Net Assets 2015: $35,2252015Assets 2016: $16,917Net Assets 2016: $16,9172016Assets 2017: $52,378Liabilities 2017: $9,017Net Assets 2017: $43,3612017Assets 2018: $46,267Liabilities 2018: $1,400Net Assets 2018: $44,8672018Assets 2019: $50,284Net Assets 2019: $50,2842019Assets 2020: $46,744Net Assets 2020: $46,7442020Assets 2021: $53,601Net Assets 2021: $53,6012021Assets 2022: $38,973Net Assets 2022: $38,9732022Assets 2023: $31,088Net Assets 2023: $31,0882023Assets 2024: $15,253Net Assets 2024: $15,2532024

Highlighted filing

2016

Assets$16,917
Liabilities-
Net Assets$16,917

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2011: $60,413Expenses 2011: $59,725Net Income 2011: $6882011Revenue 2012: $68,605Expenses 2012: $76,491Net Income 2012: -$7,8862012Revenue 2013: $89,194Expenses 2013: $74,636Net Income 2013: $14,5582013Revenue 2014: $95,888Expenses 2014: $102,520Net Income 2014: -$6,6322014Revenue 2015: $111,295Expenses 2015: $119,626Net Income 2015: -$8,3312015Revenue 2016: $84,685Expenses 2016: $102,993Net Income 2016: -$18,3082016Revenue 2017: $163,620Expenses 2017: $137,176Net Income 2017: $26,4442017Revenue 2018: $67,523Expenses 2018: $66,017Net Income 2018: $1,5062018Revenue 2019: $79,533Expenses 2019: $74,116Net Income 2019: $5,4172019Revenue 2020: $0Expenses 2020: $3,540Net Income 2020: -$3,5402020Revenue 2021: $13,112Expenses 2021: $6,255Net Income 2021: $6,8572021Revenue 2022: $54,970Expenses 2022: $69,598Net Income 2022: -$14,6282022Revenue 2023: $58,383Expenses 2023: $66,268Net Income 2023: -$7,8852023Revenue 2024: $61,282Expenses 2024: $77,117Net Income 2024: -$15,8352024

Highlighted filing

2016

Revenue$84,685
Expenses$102,993
Net Income-$18,308
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 23, 2017
Return Version
2016v3.0
Gross Receipts
$115,504
Mission and Program Overview

Mission

Organization's mission is to organize and conduct a cultural parade in the city of new york for the celebration of nowruz, the first day of spring and start of the iranian new year. Also, the organization is committed to teach iranian-american childrenabout their over 5000 years of history by sponsoring and organizing various cultural talks, poetry readings, music and dances. The organization also is committed to keepall thousands years old culture and traditions.

Program Services

DescriptionGrantsExpenses
SPONSORED, ORGANIZED AND CONDUCTED A CULTURAL PARADE IN THE CITY OF NEW YORK FOR THE CELEBRATION OF NOWRUZ, THE FIRST DAY OF SPRING AND START OF THE IRANIAN NEW YEAR.$97,935-
SPONSORED THREE EVENINGS OF POETRY, MUSIC AND DANCE AND FASHION OF VARIOUS PROVINCES AND REGIONS & ETHNIC BACKGROUNDS, IN NEW YORK AND NEW JERSEY, TO BRING CENTURIES OLD CULTURE TO IRANIAN-AMERICAN CHILDREN FROM THOSE REGIONS.$19,982-
CELEBRATION OF YALDA & CHAHARSHANBEH SOURI,TRADITIONAL, CENTURIES OLD CELEBRATION OF START OF WINTER AND ENDING OF WINTER, RESPECTIVELY THESE TWO ARE PERFORMED TO TEACH IRANIAN-AMERICAN CHILDREN ABOUT THEIR CENTURIES OLD TRADITIONS HERITAGE.$11,212-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mitra SalaselBoard Member-$0--
Dr Mahshid AssadiTreasurer-$0--
Bonnie NourzadSecretaryPT$0--
Betty EmamianCommunicationsPT$0--
Iraj JavidPresidentPT$0--
Lobna TouhidiBoard MemberPT$0--
Nancy SaatsazBoard MemberPT$0--
Mehri RadfarBoard MemberPT$0--
Shahin SamouhiBoard MemberPT$0--
Hamid ZareiVice PresidentPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cultural Events Used as Fundraising Tool$112,109$37,330$2,997$34,333
Total Events$112,109$37,330$30,819$6,511
Filing and Contact Details

Filer

Filer Name
Persian Parade Foundation Inc
EIN
20-1997943
Phone
2013949290
Address
PO Box 230408, NEW YORK, NY 10023

Signing Officer

Name
Iraj Javid
Title
President
Signed
2017-05-23
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - THE ORGANIZATION WAS CREATED TO SPONSOR, ORGANIZE AND CONDUCT ACTIVITIES TO EDUCATE, PROMOTE AND CELEBRATE THE PERSIAN CULTURE, LITRATURE AND HISTORY.

Other Expenses.1001

Advertising and Promotion $8802

Other Expenses.1002

Office Expenses $580

Other Expenses.1003

Information Technology $1097

Other Expenses.1007

Conferences, Conventions, and Meetings $1435

Other Expenses.1012

Insurance $467

Other Expenses.1

Expenses of 2016 parade $83611

Other Expenses.2

STORAGE RENTAL $2700

Other Expenses.3

Permits $2355

Other Expenses.4

MEETINGS $1300

Other Expenses.5

BANK & PayPal fees $596

Other Expenses.6

NYS AG FEES $50

Raw XML Appendix195 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0ORGANIZATION'S MISSION IS TO ORGANIZE AND CONDUCT A CULTURAL PARADE IN THE CITY OF NEW YORK FOR THE CELEBRATION OF NOWRUZ, THE FIRST DAY OF SPRING AND START OF THE IRANIAN NEW YEAR. ALSO, THE ORGANIZATION IS COMMITTED TO TEACH IRANIAN-AMERICAN CHILDRENABOUT THEIR OVER 5000 YEARS OF HISTORY BY SPONSORING AND ORGANIZING VARIOUS CULTURAL TALKS, POETRY READINGS, MUSIC AND DANCES. THE ORGANIZATION ALSO IS COMMITTED TO KEEPALL THOUSANDS YEARS OLD CULTURE AND TRADITIONS.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2SPONSORED THREE EVENINGS OF POETRY, MUSIC AND DANCE AND FASHION OF VARIOUS PROVINCES AND REGIONS & ETHNIC BACKGROUNDS, IN NEW YORK AND NEW JERSEY, TO BRING CENTURIES OLD CULTURE TO IRANIAN-AMERICAN CHILDREN FROM THOSE REGIONS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Client Note 1 - THE ORGANIZATION WAS CREATED TO SPONSOR, ORGANIZE AND CONDUCT ACTIVITIES TO EDUCATE, PROMOTE AND CELEBRATE THE PERSIAN CULTURE, LITRATURE AND HISTORY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $8802
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $580
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Information Technology $1097
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Conferences, Conventions, and Meetings $1435
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance $467
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6EXPENSES OF 2016 PARADE $83611
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7STORAGE RENTAL $2700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Permits $2355
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MEETINGS $1300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10BANK & PayPal fees $596
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11NYS AG FEES $50
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Client Note 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1003
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Iraj Javid
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PERSIAN PARADE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0PERS
ReturnHeader/Filer/EIN0201997943
ReturnHeader/Filer/PhoneNum02013949290
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 230408
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010023
ReturnHeader/ReturnTs02017-05-23T07:51:51-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.15$0.15$0.61$0.77$0.16
2023Detailed filing. Detailed filing data is available for this year.$0.31$0.31$0.58$0.66$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.39$0.39$0.55$0.70$0.15
2021Detailed filing. Detailed filing data is available for this year.$0.54$0.54$0.13$0.06$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.47$0.47$0.00$0.04$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.50$0.50$0.80$0.74$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.46$0.01$0.45$0.68$0.66$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.52$0.09$0.43$1.64$1.37$0.26
2016Detailed filing. Detailed filing data is available for this year.$0.17$0.17$0.85$1.03$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.35$0.35$1.11$1.20$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.44$0.44$0.96$1.03$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.50$0.50$0.89$0.75$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.01$0.36$0.69$0.76$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.44$0.60$0.60$0.01