ENCYCLOPAEDIA IRANICA FOUNDATION INC

EIN: 133636524 501(c)(3) Employment

NEW YORK, NY

Total Revenue
$1,429,506
Total Expenses
$670,688
Total Assets
$22,532,352
Net Assets
$22,134,237
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
NY
Principal Officer
DR RAMINE ROUHANI
Phone
9145885287
Tax Period
2019-01-01 to 2019-12-31

ENCYCLOPAEDIA IRANICA FOUNDATION INC, founded in 1990, is a community nonprofit in the Employment sector that reported $1.4M in total revenue in fiscal year 2019. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $759K, a strong 53% operating margin.

Mission

THE ENCYCLOPAEDIA IRANICA FOUNDATION, INC., (THE "FOUNDATION") WAS ORGANIZED IN JUNE 1990 TO (I) CONDUCT AND CARRY OUT RESEARCH ON ALL ASPECTS OF IRANIAN AND RELATED STUDIES, (II) TO PUBLISH, DISSEMINATE AND DISTRIBUTE THE RESULTS OF SUCH RESEARCH, (III) TO PROMOTE THE CAUSE OF THE ENCYCLOPAEDIA IRANICA AND ASSURE ITS CONTINUATION AS A SCHOLARLY AND VIBRANT DATA BANK DEALING WITH ALL ASPECTS OF IRANIAN CULTURE AND HISTORY IN ITS WIDEST TEMPORAL AND SPATIAL CONTEXT, (IV) TO ENSURE THAT THE ENCYCLOPAEDIA IRANICA KEEPS ABREAST OF THE LATEST RESEARCH IN ALL AREAS OF IRANIAN STUDIES, AND IF NECESSARY TO UPDATE PREVIOUSLY PUBLISHED ENTRIES (IN PRINT OR ELECTRONICALLY), (V) TO HELP ENSURE THE FINANCIAL HEALTH OF THE ENCYCLOPAEDIA IRANICA, AND (VI) TO RECEIVE, HOLD AND DIRECTLY OR INDIRECTLY ADMINISTER FUNDS, SECURITIES, GIFTS AND BEQUESTS FOR THE PURPOSES LISTED ABOVE, WITHOUT LIMITATIONS. SINCE THE FOUNDATION'S INCEPTION THROUGH 2017, THE ADMINISTRATION OF THE CONTINUED WORK ON THE ENCYCLOPAEDIA IRANICA WAS CONDUCTED WITH COLUMBIA UNIVERSITY ("COLUMBIA"). DUE TO DISAGREEMENTS BETWEEN THE FOUNDATION AND COLUMBIA, THE FOUNDATION HAS DISCONTINUED ITS RELATIONSHIP WITH COLUMBIA. THE FOUNDATION IS EXEMPT FROM TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC).

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $1,429,506
Other Revenue $0
TOTAL REVENUE $1,429,506

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $42,811
Other Expenses $670,688
TOTAL EXPENSES $670,688

Year-over-Year Comparison

2019 2018 Change
Revenue $1,429,506 $901,101 +0.6%
Expenses $670,688 $289,530 +1.3%
Net Income $758,818 $611,571 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
13

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAMINE ROUHANI CHAIRMAN 5.00
Officer Director
$0 $0 $0
SOODABEH NELSON TREASURER 5.00
Officer Director
$0 $0 $0
NAZENIN ANSARI VICE CHAIR, THRU JAN. 2019 5.00
Officer Director
$0 $0 $0
SARA KHALILI VICE CHAIR 5.00
Officer Director
$0 $0 $0
ERVAND ABRAHAMIAN DIRECTOR, THRU JAN. 2019 5.00
Director
$0 $0 $0
HOUTAN AGHILI DIRECTOR 5.00
Director
$0 $0 $0
ABBAS AMANAT DIRECTOR, THRU MARCH. 2019 5.00
Director
$0 $0 $0
ARANG KESHAVARZIAN DIRECTOR, THRU FEB. 2019 5.00
Director
$0 $0 $0
CHASE ROBINSON DIRECTOR 5.00
Director
$0 $0 $0
KAMRAN PARANDIAN DIRECTOR 5.00
Director
$0 $0 $0
SHEILA CANBY DIRECTOR, THRU FEB. 2019 5.00
Director
$0 $0 $0
MASSUMEH FARHAD DIRECTOR 5.00
Director
$0 $0 $0
ARDAVAN NOZARI DIRECTOR 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $1,429,506 $670,688 $22,532,352 $758,818
2018 $901,101 $289,530 $19,251,407 $611,571
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