Armenian Evangelical Schools Of California Inc
- Assets
- $4.9m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 39
- Location
- Sherman Oaks, CA
- Founding
- 08/1987
- Data as of
- 06/2021
- EIN
- 95-3780017
Organization Overview
Armenian Evangelical Schools Of California Inc is located in Sherman Oaks, CA. The organization was established in 1987. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Armenian Evangelical Schools Of California Inc employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Armenian Evangelical Schools Of California 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 06/2021, Armenian Evangelical Schools Of California Inc generated $2.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $2.0m during the year ending 06/2021. 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
PROVIDE EDUCATION WITH EVANGELICAL EMPHASIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIVATE EDUCATIONAL INSTITUTION SERVING THE EDUCATIONAL AND CULTURAL NEEDS OF THE ARMENIAN COMMUNITIES OF SAN FERNANDO VALLEY AREA AND ITS VICINITIES, INSEMINATING CHRISTIAN VALUES AND PRESERVING ARMENIAN FORKLORIC ART & TRADITIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vahe Nalbandian Treasurer | Trustee | 5 | $0 |
Nerses Aposhian Voting Member | Trustee | 0 | $0 |
Christopher Cofer Voting Member | Trustee | 0 | $0 |
Varoujan Baghdassarina Voting Member | Trustee | 0 | $0 |
Louisa Janbazian Secretary | Trustee | 5 | $0 |
Helen Haig Voting Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $570,355 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $570,355 |
| Total Program Service Revenue | $1,601,048 |
| Investment income | $570 |
| 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 | $2,184,370 |
| 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 | $1,192,862 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $99,642 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,946 |
| 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 | $17,364 |
| 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 | $9,259 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $93,225 |
| Insurance | $123,243 |
| All other expenses | $209,541 |
| Total functional expenses | $2,002,196 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,230,790 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $190,023 |
| 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 | $2,653,308 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $809,733 |
| Total assets | $4,883,854 |
| Accounts payable and accrued expenses | $5,479 |
| 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 | $606,929 |
| Total liabilities | $612,408 |
| Net assets without donor restrictions | $0 |
| 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 | $4,271,446 |
| Total liabilities and net assets/fund balances | $4,883,854 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Armenian Evangelical Schools Of California Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Sarian Foundation Los Angeles, CA PURPOSE: GENERAL SUPPORT | $15,000 |
Tf Educational Foundation Rancho Palos Verdes, CA PURPOSE: GENERAL SUPPORT | $10,000 |
Endowment Analysis
| Ending Balance | $617,863 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Synergy Academies Los Angeles, CA | $22,403,920 | $21,618,793 |
San Diego Jewish Academy San Diego, CA | $60,657,178 | $18,702,706 |
Curtis School Foundation Los Angeles, CA | $75,927,733 | $19,348,920 |
Excel Academy Charter Schools San Marcos, CA | $11,403,735 | $18,058,297 |
Le Lycee Francais De Los Angeles Los Angeles, CA | $97,517,378 | $23,043,510 |
Oregonians For Online Education Inc Scio, OR | $4,402,348 | $19,081,202 |
Willows Community School Culver City, CA | $69,044,375 | $19,353,304 |
Head Start Of Lane County Springfield, OR | $2,527,429 | $16,579,600 |
Hawking Steam Charter Schools Inc Chula Vista, CA | $87,803,315 | $18,115,527 |
Stem Preparatory Schools Inc Los Angeles, CA | $15,250,781 | $22,306,511 |
San Jacinto Valley Academy Inc San Jacinto, CA | $34,100,540 | $18,923,540 |
Delphi Schools Inc Sheridan, OR | $68,746,624 | $17,868,394 |