Apkarian Foundation
- Assets
- $1.1k
- Revenue
- $31.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Irvine, CA
- Founding
- 05/2018
- Data as of
- 12/2023
- EIN
- 82-2317885
Organization Overview
Apkarian Foundation is located in Irvine, CA. The organization was established in 2018. According to its NTEE Classification (U19) the organization is classified as: Support N.E.C., under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Apkarian Foundation 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, Apkarian Foundation generated $31.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $34.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Apkarian Foundation has awarded 15 individual grants totaling $186,409. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THE DEVELOPMENT OF A STRONG SCHOOL OF LEGAL SPECIALISTS, HEREBY ENHANCING THE COMPETITIVENESS OF LEGAL EDUCATION IN ARMENIA
SUPPORT THREE VETERAN STUDENTS WHO PARTICIPATED IN ARTSAKH 2020 WAR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vartkess Ara Apkarian President | 1 | $0 | |
Apkar Vania Apkarian Vice President | 1 | $0 | |
Alice Batts Apkarian Treasurer | 1 | $0 | |
Arya Asdghig Jemal Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $31,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $31,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $165 |
| Total operating and administrative expenses | $1,340 |
| Contributions, gifts, grants paid | $33,350 |
| Total expenses and disbursements | $34,690 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,107 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,107 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Apkarian Foundation has awarded $33,350 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN UNIVERSITY OF ARMENIA PURPOSE: ACADEMIC SCHOLARSHIP | $20,500 |
CENTER FOR TRUTH AND JUSTICE PURPOSE: ACADEMIC SCHOLARSHIP | $10,000 |
RUSSIAN-ARMENIAN UNIVERSITY PURPOSE: ACADEMIC SCHOLARSHIP | $1,500 |
YEREVAN STATE UNIVERSITY PURPOSE: RESEARCH SUPPORT | $1,350 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Great School Of Natural Science Sloughhouse, CA | $0 | $57 |
Collaborative For Leadership In Ayres Sensory Integration Redondo Beach, CA | $1,484,802 | $1,230,414 |
Community Science Workshop Network Chowchilla, CA | $227,444 | $705,547 |
Headwaters Science Institute Soda Springs, CA | $481,578 | $771,556 |
Security Bsides Las Vegas Inc Las Vegas, NV | $164,061 | $501,903 |
Cultural Heritage Imaging San Francisco, CA | $98,011 | $346,912 |
Friends Of Fast Glendale, CA | $6,796 | $0 |
Apkarian Foundation Irvine, CA | $1,107 | $31,000 |
Cinegrid Oakland, CA | $30,213 | $0 |
Oregon Innovation Foundation Portland, OR | $1,708 | $0 |