Holy Martyrs Armenian Day School
- Assets
- $1.0m
- Revenue
- $952.5k
- Investments
- $0.0
- Employees
- 21
- Location
- Bayside, NY
- Founding
- 05/1981
- Data as of
- 08/2021
- EIN
- 11-2492685
Organization Overview
Holy Martyrs Armenian Day School is located in Bayside, NY. The organization was established in 1981. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 08/2021, Holy Martyrs Armenian Day School employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holy Martyrs Armenian Day School 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 08/2021, Holy Martyrs Armenian Day School generated $952.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $737.4k during the year ending 08/2021. While expenses have increased by 1.7% per year over the past 6 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
EDUCATING STUDENTS FROM NURSERY TO SIXTH GRADE
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATING STUDENTS FROM NURSERY TO SIXTH GRADE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vahe Halajian Treasurer | Officer | 2 | $0 |
Arpi Arukian Secretary | Officer | 2 | $0 |
Bruce Ashbahian Co Chair | Officer | 2 | $0 |
Mina Hovsepian Co-Chair | Officer | 2 | $0 |
Hovannes Malikyan Board Member | Trustee | 1 | $0 |
Berj Haroutunian Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $26,535 |
| Related organizations | $0 |
| Government grants | $27,712 |
| All other contributions, gifts, grants, and similar amounts not included above | $172,009 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $226,256 |
| Total Program Service Revenue | $374,834 |
| Investment income | $134,043 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $79,842 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $952,475 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $553,840 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,850 |
| Payroll taxes | $45,544 |
| Fees for services: Management | $3,403 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $495 |
| Office expenses | $6,151 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,900 |
| Travel | $0 |
| 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 | $6,361 |
| Insurance | $0 |
| All other expenses | $12,746 |
| Total functional expenses | $737,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $76,268 |
| Savings and temporary cash investments | $180,643 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $13,877 |
| Investments—publicly traded securities | $741,414 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,012,202 |
| Accounts payable and accrued expenses | $1,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $1,000 |
| Net assets without donor restrictions | $1,011,202 |
| Net assets with donor restrictions | $0 |
| 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 | $1,012,202 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Holy Martyrs Armenian Day School has recieved totaling $148,533.
| Awarding Organization | Amount |
|---|---|
Armenian Church Endowment Fund Inc New York, NY PURPOSE: PROGRAMS | $106,458 |
Herman & Mary K Seibel Charitable Foundation Sunnyside, NY PURPOSE: FOR STUDENTS' FINANCIAL AID PROGRAM | $30,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $7,075 |
Gullabi Gulbenkian Foundation Inc Pound Ridge, NY PURPOSE: EDUCATION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Archway Charter School Of Chester Inc Chester, PA | $43,430,171 | $101,905,393 |
Democracy Prep New York Charter Schools Bronx, NY | $67,527,043 | $86,404,779 |
Greenwich Country Day School Inc Greenwich, CT | $332,908,976 | $95,548,707 |
Grace Church School New York, NY | $124,238,513 | $52,477,666 |
Dexter Southfield Inc Brookline, MA | $119,216,504 | $58,438,330 |
Haverford School Haverford, PA | $200,207,536 | $63,658,264 |
Calhoun School Inc New York, NY | $66,556,667 | $39,561,327 |
Marion P Thomas Charter School Inc Newark, NJ | $17,560,259 | $37,041,604 |
Saint Davids School New York, NY | $170,289,488 | $33,366,978 |
Trustees Of Newark Academy Livingston, NJ | $113,328,907 | $35,913,632 |
Philadelphia Independent Mission Schools Philadelphia, PA | $39,191,945 | $38,175,969 |
Hewitt School New York, NY | $78,957,035 | $33,976,072 |