Civic Intelligence

Persian Parade Foundation Inc.

990 • Fiscal year 2017 • EIN 20-1997943

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 20, 2018

Organization ProfileWWW.NYPP.ORG
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

86th percentile

0.17x

Higher debt load relative to assets than 86% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Liabilities / Revenue

81st percentile

0.06x

Higher debt load relative to revenue than 81% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Net Margin

78th percentile

16%

Higher net margin than 78% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

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.

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Asset Growth

96th percentile

210%

Faster asset growth than 96% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

94th percentile

93%

Faster revenue growth than 94% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$52,378

Up $35,461 (+210%) from 2016

Net Assets

Up

$43,361

Up $26,444 (+156%) from 2016

Liabilities

$9,017

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin78th percentile

Revenue

Up

$163,620

Up $78,935 (+93%) from 2016

Expenses

Up

$137,176

Up $34,183 (+33%) from 2016

Net Income

Up

$26,444

Up $44,752 (+244%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

2017

Assets$52,378
Liabilities$9,017
Net Assets$43,361
Open 2017 Filing

Operations Trend

Revenue Growth94th percentile

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

2017

Revenue$163,620
Expenses$137,176
Net Income$26,444
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 20, 2018
Return Version
2017v2.2
Gross Receipts
$203,535
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$16,917$52,378▲ $35,461
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$16,917$52,378▲ $35,461
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses-$9,017-
Total Liabilities$0$9,017▲ $9,017
Net Assets / Fund Balance
Unrestricted Net Assets$16,917$43,361▲ $26,444
Total Net Assets Fund Balance$16,917$43,361▲ $26,444
Total Liabilities and Net Assets / Fund Balance$16,917$52,378▲ $35,461
Compensation and Service Providers
Top Officer Pay87th percentile

Board Members and Trustees

NameTitle
Iraj JavidPresident
Hamid ZareiVice President
Bonnie NourzadSecretary
Dr Mahshid AssadiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$117,264
Program Service Revenue
$27,514
Investment Income
$0
Other Revenue
$18,842
Change in Net Assets
$26,444
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$137,176
Total Fundraising Expense$4,038
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$26,999--$26,999
All Other Expenses$2,586$745-$3,331
Insurance$1,517--$1,517
Other Expenses$1,200-$4,038$1,200
Office Expenses-$454-$454
Total Functional Expenses$131,939$1,199$4,038$137,176
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$58,757
Fundraising Direct Expenses$39,915
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cultural Events Used as Fundraising Tool$176,021$58,757$2,679$56,078
Total Events$176,021$58,757$39,915$18,842
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“No review was or will be conducted.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

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
2018-06-20

Organization Details

Voting Board Members
4
Independent Board Members
0
Employees
0
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.”

Raw XML Appendix359 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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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0117264
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt039915
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt03596
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt03596
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CULTURAL EVENTS USED AS FUNDRAISING TOOL
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt033640
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt033640
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0176021
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0176021
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt058757
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt058757
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt018842
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02679
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02679
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
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/ExplanationTxt1No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Client Note 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt016917
IRS990/TotalAssetsEOYAmt052378
IRS990/TotalAssetsGrp/BOYAmt016917
IRS990/TotalAssetsGrp/EOYAmt052378
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0117264
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04038
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01199
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0131939
IRS990/TotalFunctionalExpensesGrp/TotalAmt0137176
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt09017
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt09017
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt016917
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt043361
IRS990/TotalProgramServiceExpensesAmt0131939
IRS990/TotalProgramServiceRevenueAmt027514
IRS990/TotalRevenueGrp/ExclusionAmt018842
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt027514
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0163620
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt016917
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt052378
IRS990/TravelGrp/ProgramServicesAmt026999
IRS990/TravelGrp/TotalAmt026999
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt016917
IRS990/UnrestrictedNetAssetsGrp/EOYAmt043361
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.NYPP.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Iraj Javid
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-20
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/ReturnTs02018-06-22T10:58:19-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$52,378
Liabilities
$9,017
Net assets
$43,361
Revenue
$163,620
Expenses
$137,176
Net income
$26,444
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