Civic Intelligence

Farhang Foundation

EIN 26-1574533 • 501(c)3 • Glendale, CA

Profile

To celebrate and promote iranian art and culture for the benefit of the community at large

222 Monterey Road Ste 1606Glendale, CA 91206

www.farhang.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

71st percentile

0.35x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

81st percentile

0.77x

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

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

9th percentile

-36%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

90th percentile

44%

Faster asset growth than 90% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2025

Revenue Growth

68th percentile

18%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2025

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$6,939,753

Up $785,324 (+13%) from 2024

Liabilities

Up

$2,434,542

Up $2,188,635 (+890%) from 2024

Net Assets

Down

$4,505,211

Down $1,403,311 (-24%) from 2024

Operations
Liabilities / Revenue81st percentileNet Margin9th percentile

Revenue

Up

$3,148,089

Up $1,031,595 (+49%) from 2024

Expenses

Up

$4,272,244

Up $2,480,078 (+138%) from 2024

Net Income

Down

-$1,124,155

Down $1,448,483 (-447%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth90th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $281,613Liabilities 2010: $5,407Net Assets 2010: $276,2062010Assets 2011: $378,040Liabilities 2011: $3,956Net Assets 2011: $374,0842011Assets 2012: $716,960Liabilities 2012: $735Net Assets 2012: $716,2252012Assets 2014: $1,382,498Liabilities 2014: $7,835Net Assets 2014: $1,374,6632014Assets 2015: $1,420,883Liabilities 2015: $13,124Net Assets 2015: $1,407,7592015Assets 2016: $1,541,999Liabilities 2016: $0Net Assets 2016: $1,541,9992016Assets 2017: $2,194,052Liabilities 2017: $6,771Net Assets 2017: $2,187,2812017Assets 2018: $2,947,068Liabilities 2018: $2,289,845Net Assets 2018: $657,2232018Assets 2019: $3,073,152Liabilities 2019: $1,909,310Net Assets 2019: $1,163,8422019Assets 2020: $1,817,644Liabilities 2020: $958,830Net Assets 2020: $858,8142020Assets 2021: $1,622,513Liabilities 2021: $416,431Net Assets 2021: $1,206,0822021Assets 2022: $2,310,744Liabilities 2022: $256,539Net Assets 2022: $2,054,2052022Assets 2023: $5,928,660Liabilities 2023: $384,442Net Assets 2023: $5,544,2182023Assets 2024: $6,154,429Liabilities 2024: $245,907Net Assets 2024: $5,908,5222024Assets 2025: $6,939,753Liabilities 2025: $2,434,542Net Assets 2025: $4,505,2112025

Highlighted filing

2025

Assets$6,939,753
Liabilities$2,434,542
Net Assets$4,505,211
Open 2025 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $319,1132010Expenses 2011: $358,7612011Expenses 2012: $257,4622012Revenue 2014: $1,440,725Expenses 2014: $1,051,666Net Income 2014: $389,0592014Revenue 2015: $595,960Expenses 2015: $562,864Net Income 2015: $33,0962015Revenue 2016: $749,459Expenses 2016: $615,219Net Income 2016: $134,2402016Revenue 2017: $2,509,812Expenses 2017: $1,864,530Net Income 2017: $645,2822017Revenue 2018: $2,781,755Expenses 2018: $4,311,813Net Income 2018: -$1,530,0582018Revenue 2019: $2,241,090Expenses 2019: $1,733,907Net Income 2019: $507,1832019Revenue 2020: $1,625,619Expenses 2020: $1,930,647Net Income 2020: -$305,0282020Revenue 2021: $1,149,138Expenses 2021: $854,670Net Income 2021: $294,4682021Revenue 2022: $1,919,260Expenses 2022: $1,185,868Net Income 2022: $733,3922022Revenue 2023: $5,290,700Expenses 2023: $1,814,518Net Income 2023: $3,476,1822023Revenue 2024: $2,116,494Expenses 2024: $1,792,166Net Income 2024: $324,3282024Revenue 2025: $3,148,089Expenses 2025: $4,272,244Net Income 2025: -$1,124,1552025

Highlighted filing

2025

Revenue$3,148,089
Expenses$4,272,244
Net Income-$1,124,155
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,939,753
Liabilities
$2,434,542
Net assets
$4,505,211
Revenue
$3,148,089
Expenses
$4,272,244
Net income
-$1,124,155
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.94$2.43$4.51$3.15$4.27$1.12
2024Detailed filing. Detailed filing data is available for this year.$6.15$0.25$5.91$2.12$1.79$0.32
2023Detailed filing. Detailed filing data is available for this year.$5.93$0.38$5.54$5.29$1.81$3.48
2022Detailed filing. Detailed filing data is available for this year.$2.31$0.26$2.05$1.92$1.19$0.73
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.42$1.21$1.15$0.85$0.29
2020Detailed filing. Detailed filing data is available for this year.$1.82$0.96$0.86$1.63$1.93$0.31
2019Detailed filing. Detailed filing data is available for this year.$3.07$1.91$1.16$2.24$1.73$0.51
2018Detailed filing. Detailed filing data is available for this year.$2.95$2.29$0.66$2.78$4.31$1.53
2017Detailed filing. Detailed filing data is available for this year.$2.19$0.01$2.19$2.51$1.86$0.65
2016Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$0.75$0.62$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.42$0.01$1.41$0.60$0.56$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.38$0.01$1.37$1.44$1.05$0.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.00$0.72$0.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.00$0.37$0.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.01$0.28$0.32
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Feb 10, 2026
Return Version
2024v5.5
Gross Receipts
$3,459,604
Mission and Program Overview

Mission

to celebrate and promote Iranian art and culture for the benefit of the community at large

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,456,727$2,880,758▲ $424,031
Pledges and Grants Receivable$2,112,035$2,079,908▼ $32,127
Cash and Non-Interest-Bearing Accounts$1,459,525$1,824,094▲ $364,569
Prepaid Expenses and Deferred Charges$113,125$130,763▲ $17,638
Loans From Officers Directors$50,000$50,000→ $0
Land, Buildings, and Equipment, Net$10,497$6,738▼ $3,759
Total Assets$6,154,429$6,939,753▲ $785,324
Other Assets Total$2,520$17,492▲ $14,972
Liabilities
Grants Payable-$2,247,460-
Accounts Payable and Accrued Expenses$154,707$137,082▼ $17,625
Deferred Revenue$41,200--
Total Liabilities$245,907$2,434,542▲ $2,188,635
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,900,867$5,901,787▲ $1,000,920
Net Assets Without Donor Restrictions$1,007,655$-1,396,576▼ $2,404,231
Total Net Assets Fund Balance$5,908,522$4,505,211▼ $1,403,311
Total Liabilities and Net Assets / Fund Balance$6,154,429$6,939,753▲ $785,324

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,738$16,969$23,707
Equipment$0$6,705$6,705

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$4,870,264$200,000▲ $148,562-$5,218,826
2023$4,565,332$200,000▲ $104,932-$4,870,264
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alireza ArdekaniExecutive DirectorFT$249,820$33,000$282,820

Board Members and Trustees

NameTitle
Haleh EmraniTrustee/chair
Ali RaziTrustee/vice Chair
Farhad MohitTrustee/vice Chair
Andrew TavakoliTrustee
Anoosheh OskouianTrustee
Dariush GabbayTrustee
Hooshang PakTrustee
Hormoz AmeriTrustee
Karoon MonfaredTrustee
Mark AminTrustee
Mehraban KhajehnouriTrustee
Mehran MavaddatTrustee
Michael AminTrustee
Philip CohanimTrustee
Samaneh TahbazofTrustee
Shazad GhanbariTrustee
Mark MoshayediTrustee/CFO
Sara AlvarezSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$2,680,851
Program Service Revenue
$0
Investment Income
$467,238
Other Revenue
$0
All Other Contributions
$1,265,060
Change in Net Assets
$-1,124,155

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,133,647
Revenue Not Reported on Financial Statements
$14,442
Revenue Not Reported on Form 990
$-264,714
Total Revenue per Audited Statements
$2,868,933
Total Revenue per Form 990
$3,148,089
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,441,220
Other Expenses$1,332,197
Salaries, Compensation, and Employee Benefits$498,827
Total Fundraising Expense$115,691
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,421,960--$2,421,960
Current Officers, Directors, Trustees, and Key Employees$162,505$85,684$47,274$295,463
Advertising$233,285-$88$233,373
Fees for Services Other$173,241$1,920$994$176,155
Other Salaries and Wages$94,512$49,833$27,494$171,839
Fees for Services Accounting-$117,939-$117,939
Office Expenses$33,940$46,306$15,475$95,721
Other Expenses$48,049$1,684$2,057$51,790
Travel$47,710-$951$48,661
Insurance$19,819$14,039$5,465$39,323
Payroll Taxes$17,339$9,142$5,044$31,525
Grants to Domestic Individuals$19,260--$19,260
All Other Expenses$12,647$1,764$4,405$18,816
Fees for Services Legal-$200-$200
Total Functional Expenses$3,807,301$349,252$115,691$4,272,244

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,272,244
Total Expenses per Audited Statements$4,272,244
Total Expenses per Form 990$4,272,244
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of Southern CaliforniaLos Angeles, CAIrc Section 501 (c)(Promotion of Iranian Art/culture/history$2,247,460
Roudaki Orchastra IncLos Angeles, CAIrc Section 501 (c)(Promotion of Iranian Art/culture/history$45,000
UcsbSanta Barbara, CAIrc Section 501 (c)(Promotion of Iranian Art/culture/history$25,000
Pacific SymphonyIrvine, CAIrc Section 501 (c)(Promotion of Iranian Art/culture/history$20,000
San Diego Museum of ArtSan Diego, CAIrc Section 501 (c)(Promotion of Iranian Art/culture/history$18,500
American Film InstituteLos Angeles, CAIrc Section 501 (c)(Promotion of Iranian Art/culture/history$10,000
Evensong CollectionLos Angeles, CAC-corpPromotion of Iranian Art/culture/history$10,000
Newport Beach Independent International Film FestivalNewport Beach, CAIrc Section 501 (c)(Promotion of Iranian Art/culture/history$10,000
Yerba Buena Center for the ArtsSan Francisco, CAIrc Section 501 (c)(Promotion of Iranian Art/culture/history$10,000
South Coast RepertoryCosta Mesa, CAIrc Section 501 (c)(Promotion of Iranian Art/culture/history$5,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$311,515
Fundraising Gross Income$311,515
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$1,245,806$311,515$22,371$289,144
Total Events$1,245,806$311,515$311,515$0
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
Loans from Officers, Directors, Trustees, and Key Employees$50,000$50,000→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Two of the trustees are cousins.”

Form 990, Part VI, Section A, Line 6

“Members join with a membership fee in support of the organization. The members have no voting authority or decision making authority.”

Form 990, Part VI, Section B, Line 11B

“Organization's form 990 is prepared by an outside cpa firm based on the books and records of the organization. The form 990 then is reviewed by the treasurer and the board of directors for review and approval.”

Form 990, Part VI, Section B, Line 12C

“Disclosure by officers, trustees and directors is required when a financial transaction is approved by the board.”

Form 990, Part VI, Section B, Line 15

“Executive director's compensation is reviewed and approved by the board of directors based on comparable compensation and time required for conduct of the office of the executive director. Compensation of other officers and key employees are subject to board approval.”

Form 990, Part VI, Section C, Line 18

“The organization publishes its filings on guidestar.org”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Farhang Foundation
EIN
26-1574533
Phone
3106661546
Address
222 MONTEREY ROAD STE 1606, GLENDALE, CA 91206

Signing Officer

Name
Mark Moshayedi
Title
CFO
Phone
3103788948
Signed
2026-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alireza Ardekani
Formed
2007
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
3
Volunteers
21

Preparer

Firm
Gursey Schneider Llp
Address
2121 AVENUE OF THE STARS SUITE 1300, LOS ANGELES, CA 90067
Preparer
Naz Afshar
Phone
3105520960
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Outside services: program service expenses 173,241. Management and general expenses 1,920. Fundraising expenses 994. Total expenses 176,155.”

Financial Statement Notes

PART V, LINE 4:

“The foundation's endowment consists of approximately one individual fund established by donors to provide annual funding for general operations and programs. The endowment fund shall be prudently invested by the foundation, under the direction and control of the board of trustees, or its committee to which authority of the board is delegated, to provide a long-term source of funding for foundation operations.”

PART X, LINE 2:

“The foundation's accounting policy is to provide liabilities for uncertain tax positions (including penalties and interest) when a tax position would not be considered "more likely than not" to be upheld by a tax authority examination. Management is not aware of any violation of its tax status (being exempt from income taxes), nor any exposure to unrelated business income tax. The foundation's federal income tax and informational returns for tax years 2019 and subsequent remain subject to examination by the internal revenue service. The returns for california, the foundation's most significant jurisdiction, remain subject to examination by the california franchise tax board for years 2018 and subsequent.”

Raw XML AppendixShowing 400 of 720 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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IRS990/ProgSrvcAccomActy2Grp/Desc0FARHANG FOUNDATION'S SHORT FILM FESTIVAL IS A SINGULAR AND UNPARALLELED EVENT ON THE GLOBAL STAGE, DEDICATED EXCLUSIVELY TO CELEBRATING THE ARTISTRY OF IRANIAN SHORT FILMS. IT PROVIDES SUBSTANTIAL SUPPORT TO FILMMAKERS FROM AROUND THE WORLD, WITH $18,000 IN PRIZES GENEROUSLY AWARDED.
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IRS990/ProgSrvcAccomActy3Grp/Desc0IN 2015, WITH THE COMMUNITY'S SUPPORT, FARHANG FOUNDATION LAUNCHED THE FIRST-EVER PERSIAN LANGUAGE AND CULTURE AFTER SCHOOL PROGRAM IN PARTNERSHIP WITH LOCAL PUBLIC AND PRIVATE SCHOOLS OF SOUTHERN CALIFORNIA. THIS PROGRAM, WHICH IS PROVIDED FREE-OF-CHARGE TO PARTICIPATING SCHOOLS, CREATES A PLATFORM FOR K-12 STUDENTS TO BE EXPOSED TO IRAN'S RICH AND BEAUTIFUL LANGUAGE AND CULTURE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt046158
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROMOTION AND CELEBRATION OF IRANIAN CULTURAL HERITAGE BY SUPPORTING AND ADVOCATING FOR PROGRAMS AND LECTURE SERIES BY SPONSORING ART AND CULTURAL EVENTS TO PROMOTE IRANIAN TRADITION AND CELEBRATION OF THE NEW YEAR, "NOWRUZ", AND BY SPONSORING MUSICAL AND THEATRICAL PERFORMANCES, PLAYS, FILMS AND POETRY READING IN COLLABORATION WITH THE UNIVERSITY OF SOUTHERN CALIFORNIA, THE LOS ANGELES MUSEUM OF ART, UNIVERSITY OF CALIFORNIA, LOS ANGELES, AND UNIVERSITY OF CALIFORNIA, IRVINE.
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IRS990ScheduleA/PublicSupportPY170Pct00.72810

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