Princess Shirazi Foundation Inc
- Assets
- $374.4k
- Revenue
- $15.3k
- Investments
- $314.5k
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 02/1990
- Data as of
- 10/2023
- EIN
- 13-3534839
Organization Overview
Princess Shirazi Foundation Inc is located in Los Angeles, CA. The organization was established in 1990. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Princess Shirazi Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2023, Princess Shirazi Foundation Inc generated $15.3k in total revenue. All expenses for the organization totaled $32.0k during the year ending 10/2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Mitrotti Executive Director | 5 | $7,235 | |
Rinaldo Fratolillo Director | 2 | $0 | |
Christina Hajdinjar Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $213 |
| Dividends & Interest | $11,507 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,554 |
| Capital Gain Net Income | $3,554 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,274 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,235 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $682 |
| Printing and publications | $0 |
| Other expenses | $3,624 |
| Total operating and administrative expenses | $12,791 |
| Contributions, gifts, grants paid | $19,199 |
| Total expenses and disbursements | $31,990 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,877 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $314,545 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $374,422 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $389,823 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $389,823 |
Grants Awarded
Over the last fiscal year, Princess Shirazi Foundation Inc has awarded $19,199 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS ORGANIZED CHARITIES PURPOSE: AID DONEE IN ITS TAX EXEMPT PURPOSE | $1,699 |
PALESTINE FOUNDATION PURPOSE: AID DONEE ORGANIZATION IN ITS TAX EXEMPT PURPOSE | $17,500 |