Nishan Press Inc
- Assets
- $32.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Pasadena, CA
- Founding
- 03/2019
- Data as of
- 12/2023
- EIN
- 47-3622495
Organization Overview
Nishan Press Inc is located in Pasadena, CA. The organization was established in 2019. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Nishan Press Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nishan Press 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 12/2023, Nishan Press Inc generated $61.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (20.7%) each year. All expenses for the organization totaled $67.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (17.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
- DISTRIBUTION AND PROMOTION OF TRADITIONAL CHINESE BOOKS, AND BOOK PROMOTION THROUGH SALES OR DONATIONS;- HOST ANNUAL NISHAN INTERNATIONAL FORUM AND OTHER VARIETY EVENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hong Kang CEO | 40 | $0 | |
Hong Kang CFO | 0 | $0 | |
Hong Kang Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,895 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,046 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,584 |
| Professional fees and other payments to independent contractors | $2,366 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,696 |
| Total expenses | $67,646 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,492 |
| Other assets | $0 |
| Total assets | $32,280 |
| Total liabilities | $7,741 |
| Net assets or fund balances | $24,539 |