THE PERSIAN AMERICAN SOCIETY

EIN: 770215220 501(c)(3)

SAN MATEO, CA

Total Revenue
$22,690
Total Expenses
$24,478
Total Assets
$29,822
Net Assets
$29,822
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
CA
Principal Officer
HEIDARGHOLY BOROUMAND
Phone
6505989886
Tax Period
2024-01-01 to 2024-12-31

THE PERSIAN AMERICAN SOCIETY, founded in 1988, is a micro nonprofit that reported $23K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

Education/Culture/Language

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $22,690
Investment Income $0
Other Revenue $0
TOTAL REVENUE $22,690

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $18,129
Other Expenses $24,478
TOTAL EXPENSES $24,478

Year-over-Year Comparison

2024 2023 Change
Revenue $22,690 $20,955 +0.1%
Expenses $24,478 $27,816 -0.1%
Net Income $-1,788 $-6,861 -0.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEIDARGHOLY BOROUMAND CEO 10.00
Director
$0 $0 $0
KHOSROW KARIM-PANAHI Secretary 10.00
Director
$0 $0 $0
MEHRA MALEKIRAEI CFO 10.00
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
2024 $22,690 $24,478 $29,822 $-1,788
2023 $20,955 $27,816 $31,610 $-6,861
2022 $18,522 $24,688 $38,471 $-6,166
2021 $23,968 $25,110 $44,637 $-1,142
2020 $24,290 $30,621 $45,779 $-6,331
2019 $62,565 $54,342 $52,110 $8,223
2018 $47,362 $33,551 $43,887 $13,811
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