Pars Equality Center
- Assets
- $2.6m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 32
- Location
- Menlo Park, CA
- Founding
- 10/2011
- Data as of
- 12/2021
- EIN
- 27-2969900
Organization Overview
Pars Equality Center is located in Menlo Park, CA. The organization was established in 2011. According to its NTEE Classification (R22) the organization is classified as: Minority Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2021, Pars Equality Center employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pars Equality Center 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 12/2021, Pars Equality Center generated $4.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $3.2m during the year ending 12/2021. While expenses have increased by 6.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OFFER AND SOLICIT SOCIAL AND LEGAL SUPPORT FOR ALL MEMBERS OF THE IRANIAN AMERICAN COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paris Scott Legal Director | 40 | $119,111 | |
Sargis Babakhanian Board Member & Controller | OfficerTrustee | 40 | $99,156 |
Bita Daryabari Chair & Executive Director | OfficerTrustee | 24 | $0 |
Reza Odabaee Chief Operating Officer | OfficerTrustee | 24 | $0 |
Francis Najafi Vice Chair | OfficerTrustee | 1 | $0 |
Lily Saragan Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,236,948 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,205,922 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,442,870 |
| Total Program Service Revenue | $174,923 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,617,793 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $150,902 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $99,156 |
| Compensation of current officers, directors, key employees. | $99,156 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,760,972 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $417,961 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,150 |
| Fees for services: Accounting | $76,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $311,261 |
| Advertising and promotion | $0 |
| Office expenses | $84,734 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $165,064 |
| Travel | $30,539 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,455 |
| Insurance | $6,246 |
| All other expenses | $0 |
| Total functional expenses | $3,199,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,189,330 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $381,768 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $49,800 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,097 |
| Total assets | $2,628,995 |
| Accounts payable and accrued expenses | $159,361 |
| Grants payable | $0 |
| Deferred revenue | $42,491 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $299,157 |
| Total liabilities | $501,009 |
| Net assets without donor restrictions | $1,833,117 |
| Net assets with donor restrictions | $294,869 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,628,995 |
Grants Awarded
Over the last fiscal year, Pars Equality Center has awarded $131,627 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL SUPPORT | $125,104 |
Glendale, CA PURPOSE: PROVIDE ASSISTANCE | $6,523 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pars Equality Center has recieved totaling $7,730.
| Awarding Organization | Amount |
|---|---|
Iranian American Women Foundation Irvine, CA PURPOSE: College educational assistance | $7,730 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chinese For Affirmative Action San Francisco, CA | $46,812,510 | $48,725,620 |
Mexican American Legal Defense And Educational Fund Los Angeles, CA | $25,844,457 | $10,363,257 |
Pars Equality Center Menlo Park, CA | $2,628,995 | $4,617,793 |
Indians For Collective Action K K Jindal Sunnyvale, CA | $790,788 | $1,804,660 |
California Legislative Black Caucus Policy Institute Los Angeles, CA | $2,798,128 | $1,960,063 |
Center For Empowered Politics Education Fund San Francisco, CA | $3,989,428 | $4,198,048 |
Brightline Defense Project San Francisco, CA | $501,975 | $880,774 |
Center For Asian Americans United For Self-Empowerment Inc Los Angeles, CA | $724,479 | $842,505 |
National Association For The Advancement Of Colored People Eugene, OR | $299,407 | $487,567 |
North Bay Jobs With Justice Santa Rosa, CA | $585,168 | $800,394 |
Community Justice Alliance Inc Sacramento, CA | $413,261 | $699,013 |
Oregon Association Of Minority Entrepreneurs Portland, OR | $1,417,502 | $346,184 |