Form 990, Page 6, Part VI, Line 2
“Roya boroumand ladan boroumand president vp they are siblings”
990 • Fiscal year 2024 • EIN 52-2302849
Scores are not available for this record yet.
Assets
Down$1,514,270
Down $129,856 (-7.9%) from 2023
Net Assets
Down$1,423,683
Down $146,308 (-9.3%) from 2023
Liabilities
Up$90,587
Up $16,452 (+22%) from 2023
Revenue
Up$1,341,990
Up $596,552 (+80%) from 2023
Expenses
Up$1,480,021
Up $330,427 (+29%) from 2023
Net Income
Up-$138,031
Up $266,125 (+66%) from 2023
Promote awareness of democracy and universal human rights in iran through research, publication and education.
Promotes awareness of democracy and universal human rights in iran through research, publication, and education.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | - | $806,422 | - |
| Pledges and Grants Receivable | $232,067 | $344,823 | ▲ $112,756 |
| Cash and Non-Interest-Bearing Accounts | $883,996 | $277,452 | ▼ $606,544 |
| Savings and Temporary Cash Investments | $517,034 | $69,133 | ▼ $447,901 |
| Prepaid Expenses and Deferred Charges | $11,029 | $11,571 | ▲ $542 |
| Other Notes and Loans Receivable, Net | - | $4,869 | - |
| Total Assets | $1,644,126 | $1,514,270 | ▼ $129,856 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $56,728 | $77,519 | ▲ $20,791 |
| Other Liabilities | $18,079 | $13,068 | ▼ $5,011 |
| Total Liabilities | $74,807 | $90,587 | ▲ $15,780 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,162,231 | $1,101,273 | ▼ $60,958 |
| Net Assets With Donor Restrictions | $407,088 | $322,410 | ▼ $84,678 |
| Total Net Assets Fund Balance | $1,569,319 | $1,423,683 | ▼ $145,636 |
| Total Liabilities and Net Assets / Fund Balance | $1,644,126 | $1,514,270 | ▼ $129,856 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | - | $56,082 | $56,082 |
| Other Securities | $508,169 | - | - |
| Financial Derivatives | $298,253 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Roya Boroumand | President & | FT | $92,165 | $92,165 |
| Name | Title |
|---|---|
| Sheherazade Semsar | Board Chair |
| Lashawn R Jefferson | Board Member |
| Anne Applebaum | Director |
| Azar Nafisi | Director |
| Elizabeth T Gray Jr Jd | Director |
| Francis Fukuyama | Director |
| Nazanin Boniadi | Director |
| William Shipsey | Director |
| Ladan Boroumand | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $895,330 |
| Salaries, Compensation, and Employee Benefits | $584,691 |
| Total Fundraising Expense | $24,024 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $272,842 | $76,585 | $14,756 | $364,183 |
| Fees for Services Other | $258,659 | - | - | $258,659 |
| Current Officers, Directors, Trustees, and Key Employees | $69,049 | $19,382 | $3,734 | $92,165 |
| Other Employee Benefits | $68,924 | $19,346 | $3,728 | $91,998 |
| Payroll Taxes | $27,229 | $7,643 | $1,473 | $36,345 |
| Travel | $24,027 | - | - | $24,027 |
| All Other Expenses | $23,530 | - | - | $23,530 |
| Fees for Services Accounting | $12,705 | $4,235 | - | $16,940 |
| Information Technology | $13,246 | - | - | $13,246 |
| Other Expenses | $8,415 | - | - | $8,415 |
| Office Expenses | $7,892 | - | - | $7,892 |
| Occupancy | $5,327 | $999 | $333 | $6,659 |
| Insurance | $763 | - | - | $763 |
| Fees for Services Legal | $227 | - | - | $227 |
| Advertising | $102 | - | - | $102 |
| Total Functional Expenses | $1,327,807 | $128,190 | $24,024 | $1,480,021 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,480,021 |
| Total Expenses per Audited Statements | $1,480,021 |
| Total Expenses per Form 990 | $1,480,021 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Payroll Tax Liabilities | $13,068 |
“Roya boroumand ladan boroumand president vp they are siblings”
“Upon completion, a draft copy of the form 990 is forwarded in pdf format by the tax preparer to the president and treasurer. The president forwards the return to board members upon request. Notice is sent to the preparer if any questions or concerns are raised. If so, they are addressed and a revised form 990 is distributed. Once all issues, if any, are resolved a final form 990 is prepared and, upon receipt of a signed efile authorization, electronically filed. A copy is sent to all states in which the organization has registered.”
“Each board member and employee is required to disclose conflicts of interest prior to affiliation or employment with the organization. Company policy requires disclosure of any circumstances that may arise after the relationship has been established that may be perceived as a conflict. Written or verbal communication to an independent board member or the president serves as adequate disclosure. Decisions to terminate the relationship are made on a case by case basis given all relevant information.”
“Abc employees receive evaluations on a semi annual basis during which their level of performance and contributions to the organization's tax exempt purpose are assessed. Pay scales are determined by adjusting the employee's prior period salary/hourly rate for a number of factors, including but not limited to, the cost of living, individual employee performance and work ethic and the foundation's financial position. Final salary/rate decisions are derived after consideration of average pay levels for similar work with other non profit organizations in the washington, dc metropolitan area. Pay increases or decreases are documented in the employee file for future reference.”
“The process has not changed from the prior year.”
“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”
“Various expenses needed to be updated and income needed to be correctly classified.”
“Licenses and fees 225 0 0 grant writing and other 7,837 0 0 consulting 250,597 0 0 total 258,659 0 0”
“The foundation believes that it has appropriate support for any taxpositions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.”
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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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAXPOSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | VARIOUS EXPENSES NEEDED TO BE UPDATED AND INCOME NEEDED TO BE CORRECTLY CLASSIFIED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ROYA BOROUMAND LADAN BOROUMAND PRESIDENT VP THEY ARE SIBLINGS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | UPON COMPLETION, A DRAFT COPY OF THE FORM 990 IS FORWARDED IN PDF FORMAT BY THE TAX PREPARER TO THE PRESIDENT AND TREASURER. THE PRESIDENT FORWARDS THE RETURN TO BOARD MEMBERS UPON REQUEST. NOTICE IS SENT TO THE PREPARER IF ANY QUESTIONS OR CONCERNS ARE RAISED. IF SO, THEY ARE ADDRESSED AND A REVISED FORM 990 IS DISTRIBUTED. ONCE ALL ISSUES, IF ANY, ARE RESOLVED A FINAL FORM 990 IS PREPARED AND, UPON RECEIPT OF A SIGNED EFILE AUTHORIZATION, ELECTRONICALLY FILED. A COPY IS SENT TO ALL STATES IN WHICH THE ORGANIZATION HAS REGISTERED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | EACH BOARD MEMBER AND EMPLOYEE IS REQUIRED TO DISCLOSE CONFLICTS OF INTEREST PRIOR TO AFFILIATION OR EMPLOYMENT WITH THE ORGANIZATION. COMPANY POLICY REQUIRES DISCLOSURE OF ANY CIRCUMSTANCES THAT MAY ARISE AFTER THE RELATIONSHIP HAS BEEN ESTABLISHED THAT MAY BE PERCEIVED AS A CONFLICT. WRITTEN OR VERBAL COMMUNICATION TO AN INDEPENDENT BOARD MEMBER OR THE PRESIDENT SERVES AS ADEQUATE DISCLOSURE. DECISIONS TO TERMINATE THE RELATIONSHIP ARE MADE ON A CASE BY CASE BASIS GIVEN ALL RELEVANT INFORMATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ABC EMPLOYEES RECEIVE EVALUATIONS ON A SEMI ANNUAL BASIS DURING WHICH THEIR LEVEL OF PERFORMANCE AND CONTRIBUTIONS TO THE ORGANIZATION'S TAX EXEMPT PURPOSE ARE ASSESSED. PAY SCALES ARE DETERMINED BY ADJUSTING THE EMPLOYEE'S PRIOR PERIOD SALARY/HOURLY RATE FOR A NUMBER OF FACTORS, INCLUDING BUT NOT LIMITED TO, THE COST OF LIVING, INDIVIDUAL EMPLOYEE PERFORMANCE AND WORK ETHIC AND THE FOUNDATION'S FINANCIAL POSITION. FINAL SALARY/RATE DECISIONS ARE DERIVED AFTER CONSIDERATION OF AVERAGE PAY LEVELS FOR SIMILAR WORK WITH OTHER NON PROFIT ORGANIZATIONS IN THE WASHINGTON, DC METROPOLITAN AREA. PAY INCREASES OR DECREASES ARE DOCUMENTED IN THE EMPLOYEE FILE FOR FUTURE REFERENCE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | LICENSES AND FEES 225 0 0 GRANT WRITING AND OTHER 7,837 0 0 CONSULTING 250,597 0 0 TOTAL 258,659 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 1, ITEM B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART IX, LINE 11G |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.