Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
Persian Parade Foundation Inc.
990EZ • Fiscal year 2018 • EIN 20-1997943
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.03x
Liabilities / Revenue
76th percentile
Higher debt load relative to revenue than 76% of similar nonprofits.
Net Margin
49th percentile
Higher net margin than 49% of similar nonprofits.
Top Officer Pay
87th percentile
Higher top officer pay than 87% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
25th percentile
Faster asset growth than 25% of similar nonprofits.
Revenue Growth
3rd percentile
Faster revenue growth than 3% of similar nonprofits.
Balance Sheet
Assets
Down$46,267
Down $6,111 (-12%) from 2017
Net Assets
Up$44,867
Up $1,506 (+3.5%) from 2017
Liabilities
Down$1,400
Down $7,617 (-84%) from 2017
Revenue And Expenses
Revenue
Down$67,523
Down $96,097 (-59%) from 2017
Expenses
Down$66,017
Down $71,159 (-52%) from 2017
Net Income
Down$1,506
Down $24,938 (-94%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- Oct 18, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $89,415
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
| Description | Grants | Expenses |
|---|---|---|
| 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. | $57,425 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Dr Mahshid Assadi | Treasurer | PT | $0 | - | - |
| Mahdis Assadi Behzadi | Secretary | PT | $0 | - | - |
| Iraj Javid | President | PT | $0 | - | - |
| Hamid Zarei | Vice President | PT | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Cultural Events Used as Fundraising Tool | $89,415 | $27,222 | - | $27,222 |
| Total Events | $89,415 | $27,222 | $21,892 | $5,330 |
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
- 2019-10-18
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 $2175”
Other Expenses.1002
“Office Expenses $1920”
Other Expenses.1012
“Insurance $1623”
Other Expenses.1
“Expenses of 2018 parade $50736”
Other Expenses.2
“Lodging $5296”
Other Expenses.3
“Permits $1599”
Other Expenses.4
“MEETINGS $581”
Other Expenses.5
“Transportation $510”
Other Expenses.6
“EQUIPMENT RENTAL $127”
Other Expenses.7
“NYS AG FEES $50”
Other Expenses.8
“Bank charges $50”
Other Assets.1011
“Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $12274”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $9017 Accounts Payable and Accrued Expenses - Ending $1400”
Raw XML Appendix164 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Mr Iraj Javid |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2013949290 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO Box 230408 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | New York |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 100230007 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 52378 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 33993 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 62193 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 1506 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1350 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form720FiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 52378 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 46267 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 27222 |
| IRS990EZ/GrossReceiptsAmt | 0 | 89415 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 43361 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 44867 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 43361 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 44867 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Dr Mahshid Assadi |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Mahdis Assadi Behzadi |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Iraj Javid |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Hamid Zarei |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Vice President |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 12274 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 64667 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 57425 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 21892 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 5330 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 9017 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1400 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 66017 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 57425 |
| IRS990EZ/TotalRevenueAmt | 0 | 67523 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.NYPP.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 62193 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 144778 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 78174 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 68242 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 61688 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 415075 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 415075 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 62193 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 144778 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 78174 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 68242 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 61688 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 415075 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 415075 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt | 0 | 62193 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 62193 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 21892 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | CULTURAL EVENTS USED AS FUNDRAISING TOOL |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt | 0 | 16892 |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt | 0 | 16892 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 89415 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 89415 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 27222 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 27222 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 5330 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 5000 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 5000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Client 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/ExplanationTxt | 1 | Advertising and Promotion $2175 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Office Expenses $1920 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Insurance $1623 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | EXPENSES OF 2018 PARADE $50736 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Lodging $5296 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Permits $1599 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | MEETINGS $581 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Transportation $510 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | EQUIPMENT RENTAL $127 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | NYS AG FEES $50 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Bank charges $50 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $12274 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Accounts Payable and Accrued Expenses - Beginning $9017 Accounts Payable and Accrued Expenses - Ending $1400 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Client Note 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Expenses.8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Other Assets.1011 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Total Liabilities.1001 |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Iraj Javid |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-10-18 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PERSIAN PARADE FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PERS |
| ReturnHeader/Filer/EIN | 0 | 201997943 |
| ReturnHeader/Filer/PhoneNum | 0 | 2013949290 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO Box 230408 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10023 |
| ReturnHeader/ReturnTs | 0 | 2019-10-18T10:22:24-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $46,267
- Liabilities
- $1,400
- Net assets
- $44,867
- Revenue
- $67,523
- Expenses
- $66,017
- Net income
- $1,506