A G B U Manoogian-Demirdjian School
- Assets
- $8.3m
- Revenue
- $12.6m
- Investments
- $0.0
- Employees
- 150
- Location
- Canoga Park, CA
- Founding
- 04/1977
- Data as of
- 07/2022
- EIN
- 95-3042495
Organization Overview
A G B U Manoogian-Demirdjian School is located in Canoga Park, CA. The organization was established in 1977. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 07/2022, A G B U Manoogian-Demirdjian School employed 150 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A G B U Manoogian-Demirdjian 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 07/2022, A G B U Manoogian-Demirdjian School generated $12.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $10.7m during the year ending 07/2022. While expenses have increased by 5.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION FROM PRE-SCHOOL TO HIGH SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A.G.B.U. MANOOGIAN-DEMIRDJIAN SCHOOL WAS ESTABLISHED IN 1976. THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE K TO 12 EDUCATION, INCLUDING PRESCHOOL. IT SERVES OVER 950 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arpi Avanesian-Idolor Principal | Officer | 40 | $329,443 |
Kevork Zoryan Chairperson | Trustee | 4 | $0 |
Serge Sinanian Secretary | Trustee | 4 | $0 |
Dr Vatche Agopian Advisor | Trustee | 4 | $0 |
Hratch Tavidian Treasurer | Trustee | 4 | $0 |
Courtney Kassakhian Advisor | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,175,010 |
| Related organizations | $0 |
| Government grants | $78,883 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,950 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,260,843 |
| Total Program Service Revenue | $10,732,125 |
| Investment income | $26,166 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $240,552 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $369,289 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,628,975 |
| 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. | $329,443 |
| Compensation of current officers, directors, key employees. | $329,443 |
| Compensation to disqualified persons | $6,929,671 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $660,370 |
| Payroll taxes | $738,585 |
| Fees for services: Management | $0 |
| 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 | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $290,595 |
| Insurance | $179,969 |
| All other expenses | $576,369 |
| Total functional expenses | $10,694,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,678,877 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $264,974 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $120,664 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,193,823 |
| Investments—publicly traded securities | $889,129 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $183,599 |
| Total assets | $8,331,066 |
| Accounts payable and accrued expenses | $198,566 |
| Grants payable | $0 |
| Deferred revenue | $751,136 |
| 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 | $23,041 |
| Unsecured mortgages and notes payable | $149,900 |
| Other liabilities | $416,170 |
| Total liabilities | $1,538,813 |
| Net assets without donor restrictions | $4,984,918 |
| Net assets with donor restrictions | $1,807,335 |
| 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 | $8,331,066 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that A G B U Manoogian-Demirdjian School has recieved totaling $365,784.
| Awarding Organization | Amount |
|---|---|
Armenian General Benevolent Union New York, NY PURPOSE: EDUCATIONAL | $355,117 |
Galadjian Family Foundation La Canada, CA PURPOSE: EDUCATIONAL PURPOSES | $5,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $667 |
Endowment Analysis
| Beg. Balance | $882,356 |
| Earnings | $6,773 |
| Ending Balance | $889,129 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
El Camino Real Alliance Woodland Hills, CA | $34,397,207 | $53,776,806 |
Milken Community Schools Los Angeles, CA | $80,759,256 | $40,537,524 |
Windward School Los Angeles, CA | $106,329,646 | $41,804,232 |
Orange County School Of The Arts Santa Ana, CA | $14,647,557 | $49,463,330 |
Inner City Education Foundation Los Angeles, CA | $33,345,924 | $41,820,831 |
Crystal Springs Uplands School Hillsborough, CA | $136,020,158 | $40,020,241 |
Thacher School Inc Ojai, CA | $303,628,115 | $39,878,266 |
Rex And Margaret Fortune School Of Education Sacramento, CA | $24,584,950 | $35,911,409 |
Cate School Carpinteria, CA | $218,939,839 | $55,811,152 |
Lick Wilmerding High School San Francisco, CA | $170,106,185 | $32,076,159 |
Athenian School Danville, CA | $74,556,032 | $29,851,668 |
Castilleja School Foundation Palo Alto, CA | $171,095,193 | $35,900,953 |