Civic Intelligence

Holy Martyrs Armenian Day School

EIN 11-2492685 • 501(c)3 • Bayside, NY

Profile

Educating students from nursery to sixth grade

209-15 Horace Harding ExpresswayBayside, NY 11364

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

24th percentile

0.00x

Higher debt load relative to assets than 24% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

25th percentile

0.00x

Higher debt load relative to revenue than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

33rd percentile

-2.5%

Higher net margin than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

71st percentile

13%

Faster asset growth than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-13%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,558,176

Up $182,077 (+13%) from 2023

Liabilities

Down

$2,504

Down $495 (-17%) from 2023

Net Assets

Up

$1,555,672

Up $182,572 (+13%) from 2023

Revenue

Down

$775,770

Down $117,604 (-13%) from 2023

Expenses

Up

$795,380

Up $10,185 (+1.3%) from 2023

Net Income

Down

-$19,610

Down $127,789 (-118%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $222,612Liabilities 2010: $246Net Assets 2010: $222,3662010Assets 2011: $260,486Liabilities 2011: $939Net Assets 2011: $259,5472011Assets 2012: $267,328Liabilities 2012: $589Net Assets 2012: $266,7392012Assets 2013: $326,027Liabilities 2013: $732Net Assets 2013: $325,2952013Assets 2014: $353,328Liabilities 2014: $0Net Assets 2014: $353,3282014Assets 2015: $429,721Liabilities 2015: $0Net Assets 2015: $429,7212015Assets 2016: $557,716Liabilities 2016: $0Net Assets 2016: $557,7162016Assets 2017: $628,464Liabilities 2017: $0Net Assets 2017: $628,4642017Assets 2018: $717,308Liabilities 2018: $3,675Net Assets 2018: $713,6332018Assets 2020: $890,330Liabilities 2020: $154,970Net Assets 2020: $735,3602020Assets 2021: $1,012,202Liabilities 2021: $1,000Net Assets 2021: $1,011,2022021Assets 2022: $991,438Liabilities 2022: $0Net Assets 2022: $991,4382022Assets 2023: $1,376,099Liabilities 2023: $2,999Net Assets 2023: $1,373,1002023Assets 2024: $1,558,176Liabilities 2024: $2,504Net Assets 2024: $1,555,6722024

Highlighted filing

2024

Assets$1,558,176
Liabilities$2,504
Net Assets$1,555,672

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $536,6342010Expenses 2011: $559,1792011Expenses 2012: $577,7122012Revenue 2013: $645,832Expenses 2013: $588,261Net Income 2013: $57,5712013Revenue 2014: $612,181Expenses 2014: $585,429Net Income 2014: $26,7522014Revenue 2015: $695,224Expenses 2015: $618,036Net Income 2015: $77,1882015Revenue 2016: $793,681Expenses 2016: $665,685Net Income 2016: $127,9962016Revenue 2017: $858,207Expenses 2017: $730,644Net Income 2017: $127,5632017Revenue 2018: $829,831Expenses 2018: $714,198Net Income 2018: $115,6332018Revenue 2020: $722,124Expenses 2020: $751,982Net Income 2020: -$29,8582020Revenue 2021: $952,475Expenses 2021: $737,377Net Income 2021: $215,0982021Revenue 2022: $849,298Expenses 2022: $765,811Net Income 2022: $83,4872022Revenue 2023: $893,374Expenses 2023: $785,195Net Income 2023: $108,1792023Revenue 2024: $775,770Expenses 2024: $795,380Net Income 2024: -$19,6102024

Highlighted filing

2024

Revenue$775,770
Expenses$795,380
Net Income-$19,610

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$0.78$0.80$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.37$0.89$0.79$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.85$0.77$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.95$0.74$0.22
2020Detailed filing. Detailed filing data is available for this year.$0.89$0.15$0.74$0.72$0.75$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.71$0.83$0.71$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.86$0.73$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.79$0.67$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.70$0.62$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.61$0.59$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.00$0.33$0.65$0.59$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.00$0.27$0.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.26$0.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.00$0.22$0.54
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jul 15, 2025
Return Version
2023v6.0
Gross Receipts
$891,932
Mission and Program Overview

Mission

.

Educating students from nursery to sixth grade

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,175,276$1,408,149▲ $232,873
Savings and Temporary Cash Investments$87,270$80,049▼ $7,221
Cash and Non-Interest-Bearing Accounts$73,426$41,316▼ $32,110
Land, Buildings, and Equipment, Net$40,127$28,662▼ $11,465
Total Assets$1,376,099$1,558,176▲ $182,077
Liabilities
Other Liabilities$2,999$2,504▼ $495
Total Liabilities$2,999$2,504▼ $495
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,373,100$1,555,672▲ $182,572
Total Net Assets Fund Balance$1,373,100$1,555,672▲ $182,572
Total Liabilities and Net Assets / Fund Balance$1,376,099$1,558,176▲ $182,077

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$25,078$50,128$75,206
Equipment$3,584$24,611$28,195
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bruce AshbahianCo Chair
Mina HovsepianCo-chair
Ara ApelianBoard Member
Arek NisanianBoard Member
Hovannes MalikyanBoard Member
Jennifer ChelebiBoard Member
Natalie GarabedianBoard Member
Arpi ArukianSecretary
Vahe HalajianTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$290,331
Program Service Revenue
$316,300
Investment Income
$169,139
Other Revenue
$0
All Other Contributions
$146,901
Change in Net Assets
$-19,610
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$668,772
Other Expenses$126,608
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$563,939$12,424-$576,363
Occupancy$53,666--$53,666
Payroll Taxes$46,346$1,021-$47,367
Other Employee Benefits$45,042--$45,042
Office Expenses$12,042$309-$12,351
All Other Expenses$11,844--$11,844
Depreciation Depletion$11,465--$11,465
Fees for Services Management$3,059$516-$3,575
Other Expenses$3,353--$3,353
Advertising$1,995--$1,995
Total Functional Expenses$781,110$14,270$0$795,380
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$116,162
Fundraising Gross Income$116,162
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Dinner Dance$120,760$73,033-$73,033
Telethon$34,097$34,097-$34,097
Total Events$154,857$107,130-$107,130
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Retirement Plan Payable$2,172
Exchange Payable$332
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Reviewed by co-chair and treasurer prior to filing

Form 990, Part VI, Section B, Line 12C

Board members are asked annually if they are in compliance withg the policy.

Form 990, Part VI, Section C, Line 18

Documents are available by request from any member of the general public

Form 990, Part VI, Section C, Line 19

Documents are available by request from any member of the general public

Filing and Contact Details

Filer

Filer Name
Holy Martyrs Armenian Day School Inc
EIN
11-2492685
Phone
7182254826
Address
209-15 HORACE HARDING EXPRESSWAY, BAYSIDE, NY 11364

Signing Officer

Name
Mina Hovsepian
Title
Co-chair
Phone
7182254826
Signed
2025-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mina Hovsepian
Formed
1981
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
21
Volunteers
0

Preparer

Firm
Jts Associates Cpas Pc
Address
1400 OLD COUNTRY RD SUITE 403N, WESTBURY, NY 11590-5119
Preparer
Keith Braun CPA
Phone
5168775900
Raw XML Appendix394 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt03584
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024611
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt028195
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt025078
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt050128
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt075206
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02172
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1332
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RETIREMENT PLAN PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1EXCHANGE PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt028662
IRS990ScheduleD/TotalLiabilityAmt02504
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0"THE HOLY MARTYRS ARMENIAN DAY SCHOOL ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL OR ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY RECORDED OR MADE AVAILABLE TO THE STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, AND HIRING POLICIES.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THIS SCHOOL RECEIVES A GOVERNMENTAL GRANT FROM NEW YORK STATE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt047727
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt047727
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL DINNER DANCE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0TELETHON
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0120760
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt034097
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0154857
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt073033
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt034097
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0107130
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0107130
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED BY CO-CHAIR AND TREASURER PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE ASKED ANNUALLY IF THEY ARE IN COMPLIANCE WITHG THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE BY REQUEST FROM ANY MEMBER OF THE GENERAL PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE BY REQUEST FROM ANY MEMBER OF THE GENERAL PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01376099
IRS990/TotalAssetsEOYAmt01558176
IRS990/TotalAssetsGrp/BOYAmt01376099
IRS990/TotalAssetsGrp/EOYAmt01558176
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0290331
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014270
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0781110
IRS990/TotalFunctionalExpensesGrp/TotalAmt0795380
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02999
IRS990/TotalLiabilitiesEOYAmt02504
IRS990/TotalLiabilitiesGrp/BOYAmt02999
IRS990/TotalLiabilitiesGrp/EOYAmt02504
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01373100
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01555672
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0781110
IRS990/TotalProgramServiceRevenueAmt0316300
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0485439
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0775770
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01376099
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01558176
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0209-15 HORACE HARDING EXPRESSWAY
IRS990/USAddress/CityNm0BAYSIDE
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011364
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MINA HOVSEPIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum07182254826
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOLY MARTYRS ARMENIAN DAY SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0HOLY
ReturnHeader/Filer/EIN0112492685
ReturnHeader/Filer/PhoneNum07182254826
ReturnHeader/Filer/USAddress/AddressLine1Txt0209-15 HORACE HARDING EXPRESSWAY
ReturnHeader/Filer/USAddress/CityNm0BAYSIDE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011364
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0112924523
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JTS ASSOCIATES CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01400 OLD COUNTRY RD SUITE 403N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WESTBURY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0115905119
ReturnHeader/PreparerPersonGrp/PhoneNum05168775900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEITH BRAUN CPA
ReturnHeader/ReturnTs02025-07-15T16:04:07-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-09-01
ReturnHeader/TaxPeriodEndDt02024-08-31
ReturnHeader/TaxYr02023

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