Civic Intelligence

Persian Cultural Center

990 • Fiscal year 2018 • EIN 33-0373404

Sep 01, 2017 to Aug 31, 2018 • Filed on Nov 27, 2018

PO Box 500914San Diego, CA 92150

(858) 552-9355

Siviq Scores

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

Liabilities / Assets

30th percentile

0.00x

Higher debt load relative to assets than 30% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

31st percentile

0.00x

Higher debt load relative to revenue than 31% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

45th percentile

1.7%

Higher net margin than 45% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

49th percentile

1.1%

Faster asset growth than 49% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

39th percentile

-0.5%

Faster revenue growth than 39% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$817,368

Up $8,742 (+1.1%) from 2017

Net Assets

Up

$816,320

Up $8,847 (+1.1%) from 2017

Liabilities

Down

$1,048

Down $105 (-9.1%) from 2017

Revenue

Down

$381,400

Down $1,936 (-0.5%) from 2017

Expenses

Up

$374,989

Up $43,534 (+13%) from 2017

Net Income

Down

$6,411

Down $45,470 (-88%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2014: $1,202,611Liabilities 2014: $5,327Net Assets 2014: $1,197,2842014Assets 2015: $727,508Liabilities 2015: $404Net Assets 2015: $727,1042015Assets 2016: $754,079Liabilities 2016: $1,160Net Assets 2016: $752,9192016Assets 2017: $808,626Liabilities 2017: $1,153Net Assets 2017: $807,4732017Assets 2018: $817,368Liabilities 2018: $1,048Net Assets 2018: $816,3202018Assets 2019: $912,605Liabilities 2019: $1,048Net Assets 2019: $911,5572019Assets 2020: $925,422Liabilities 2020: $24,142Net Assets 2020: $901,2802020Assets 2021: $950,500Liabilities 2021: $23,625Net Assets 2021: $926,8752021Assets 2022: $984,268Liabilities 2022: $1,143Net Assets 2022: $983,1252022Assets 2023: $980,665Liabilities 2023: $1Net Assets 2023: $980,6642023Assets 2024: $1,083,025Liabilities 2024: $175Net Assets 2024: $1,082,8502024Assets 2025: $1,116,342Liabilities 2025: $0Net Assets 2025: $1,116,3422025

Highlighted filing

2018

Assets$817,368
Liabilities$1,048
Net Assets$816,320

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2014: $333,188Expenses 2014: $202,974Net Income 2014: $130,2142014Revenue 2015: $329,928Expenses 2015: $321,703Net Income 2015: $8,2252015Revenue 2016: $347,709Expenses 2016: $308,278Net Income 2016: $39,4312016Revenue 2017: $383,336Expenses 2017: $331,455Net Income 2017: $51,8812017Revenue 2018: $381,400Expenses 2018: $374,989Net Income 2018: $6,4112018Revenue 2019: $519,002Expenses 2019: $423,765Net Income 2019: $95,2372019Revenue 2020: $378,939Expenses 2020: $382,699Net Income 2020: -$3,7602020Revenue 2021: $269,149Expenses 2021: $245,614Net Income 2021: $23,5352021Revenue 2022: $411,545Expenses 2022: $380,244Net Income 2022: $31,3012022Revenue 2023: $416,486Expenses 2023: $422,866Net Income 2023: -$6,3802023Revenue 2024: $631,835Expenses 2024: $529,879Net Income 2024: $101,9562024Revenue 2025: $594,401Expenses 2025: $565,808Net Income 2025: $28,5932025

Highlighted filing

2018

Revenue$381,400
Expenses$374,989
Net Income$6,411
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Nov 27, 2018
Return Version
2017v2.2
Gross Receipts
$393,336
Mission and Program Overview

Mission

CULTURAL AND EDUCATIONAL

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$807,473$816,320▲ $8,847
Land, Buildings, and Equipment, Net$552,400$539,330▼ $13,070
Savings and Temporary Cash Investments$249,889$274,743▲ $24,854
Cash and Non-Interest-Bearing Accounts$6,337$3,295▼ $3,042
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$808,626$817,368▲ $8,742
Other Assets Total-$0-
Liabilities
Other Liabilities$1,153$1,048▼ $105
Total Liabilities$1,153$1,048▼ $105
Net Assets / Fund Balance
Total Net Assets Fund Balance$807,473$816,320▲ $8,847
Total Liabilities and Net Assets / Fund Balance$808,626$817,368▲ $8,742

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$296,106$44,634$340,740
Land$167,828-$167,828
Leasehold Improvements$75,328$15,050$90,378
Equipment$68$592$660
Compensation and Service Providers

Board Members and Trustees

NameTitle
FARIBA BABAKHANI-GhaziPresident
Nikoo AtefiVice President
Rosita BagheriBoard ADVISORY
Saeed JalaliBoard Advisory
Shaghayegh HansonBoard Advisory
Shahla SalahisfahaniBoard Advisory
Shahri EstakhryBoard Advisory
Ali SadrBoard member
Amir Farshad Babakkhaniboard member
Gity NematolahiBoard Member
Gity NematollahiBoard Member
Golsa SorayaBoard Member
Hamid BabeikzadehBoard Member
Hossain HajimowlanaBoard Member
Ida KhodamiBoard Member
Mamoud Reza PirouzanBoard Member
Parnin BadiiBoard Member
Sara AlaghebandBoard Member
Venus Safaieboard member
Farideh Rasouli-fazelSecretary
Hamid RafizadehTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$102,835
Program Service Revenue
$83,384
Investment Income
$277
Other Revenue
$194,904
All Other Contributions
$102,835
Change in Net Assets
$6,411
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$267,111
Salaries, Compensation, and Employee Benefits$107,878
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$98,839--$98,839
All Other Expenses$55,049$948-$55,997
Occupancy$47,361--$47,361
Other Expenses$14,608--$14,608
Insurance$9,440--$9,440
Depreciation Depletion$9,151--$9,151
Payroll Taxes$9,039--$9,039
Advertising$3,250--$3,250
Fees for Services Accounting$1,360--$1,360
Office Expenses$1,290--$1,290
Total Functional Expenses$374,041$948$0$374,989
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$147,429
Fundraising Direct Expenses$8,017
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ticket Sales$124,277$124,277-$124,277
Auction$11,865$11,865$1,217$10,648
Total Events$143,972$143,972$1,217$142,755
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
irs$898
Edd$150
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
Yes
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 Cultural Center
EIN
33-0373404
Phone
8585529355
Address
PO BOX 500914, SAN DIEGO, CA 92150

Signing Officer

Name
Fariba Babakhani-ghazi
Title
President
Signed
2018-11-27
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
21
Independent Board Members
0
Employees
0

Preparer

Firm
Icono Financial Services Inc
Address
5095 Murphy Canyon Road Suite 250, San Diego, CA 92123
Preparer
Shahin Parvini MBA
Phone
8585698297
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

bank CHARGES: Column (A) - Total = $25; Column (B) - Program Services = $0; Column (C) - Management & General = $25; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

BOOKS: Column (A) - Total = $12370; Column (B) - Program Services = $12370; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Credit Card charges: Column (A) - Total = $773; Column (B) - Program Services = $0; Column (C) - Management & General = $773; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

dues & yearly fees: Column (A) - Total = $2776; Column (B) - Program Services = $2776; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Equipment: Column (A) - Total = $825; Column (B) - Program Services = $825; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

FLOWERS: Column (A) - Total = $372; Column (B) - Program Services = $372; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

gifts: Column (A) - Total = $3880; Column (B) - Program Services = $3880; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

IAC expenses: Column (A) - Total = $7715; Column (B) - Program Services = $7715; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

independent contractor: Column (A) - Total = $85; Column (B) - Program Services = $85; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

ISSD AUTO EXPENSE: Column (A) - Total = $468; Column (B) - Program Services = $468; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

other organization: Column (A) - Total = $1000; Column (B) - Program Services = $1000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

pcc membership: Column (A) - Total = $7760; Column (B) - Program Services = $7760; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

peyk advertisement: Column (A) - Total = $20; Column (B) - Program Services = $20; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Peyk Design: Column (A) - Total = $3000; Column (B) - Program Services = $3000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $573; Column (B) - Program Services = $573; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Printing: Column (A) - Total = $1005; Column (B) - Program Services = $1005; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Professional Fees: Column (A) - Total = $150; Column (B) - Program Services = $0; Column (C) - Management & General = $150; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

reading olympics: Column (A) - Total = $770; Column (B) - Program Services = $770; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

scholarship: Column (A) - Total = $1000; Column (B) - Program Services = $1000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

security: Column (A) - Total = $1404; Column (B) - Program Services = $1404; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Sound System: Column (A) - Total = $1100; Column (B) - Program Services = $1100; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

sound system: Column (A) - Total = $750; Column (B) - Program Services = $750; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

supplies: Column (A) - Total = $502; Column (B) - Program Services = $502; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TEACHER EXPENSES: Column (A) - Total = $2797; Column (B) - Program Services = $2797; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TELEPHONE & TELECOMMUNICATIONS: Column (A) - Total = $1112; Column (B) - Program Services = $1112; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

utilities: Column (A) - Total = $2067; Column (B) - Program Services = $2067; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

WATER: Column (A) - Total = $283; Column (B) - Program Services = $283; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

website: Column (A) - Total = $1152; Column (B) - Program Services = $1152; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

yearly expense: Column (A) - Total = $263; Column (B) - Program Services = $263; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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