Civic Intelligence

Yerazart Inc

EIN 20-1612098 • 501(c)3 • Watertown, MA

Profile

Provide support and encouragement of educational, professional and humanitarian programs and education which will serve the music of armenia.

32 Warwick RoadWatertown, MA 02472

www.yerazart.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

19th percentile

-31%

Higher net margin than 19% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

28th percentile

-24%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

26th percentile

-29%

Faster revenue growth than 26% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$48,470

Down $15,397 (-24%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$48,470

Down $15,397 (-24%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin19th percentile

Revenue

Down

$50,004

Down $20,498 (-29%) from 2023

Expenses

Up

$65,404

Up $2,871 (+4.6%) from 2023

Net Income

Down

-$15,400

Down $23,369 (-293%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth28th percentile

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

$80K$60K$40K$20K$0Assets 2010: $54,053Liabilities 2010: $02010Assets 2011: $38,539Net Assets 2011: $38,5392011Assets 2012: $39,020Net Assets 2012: $39,0202012Assets 2013: $35,121Net Assets 2013: $35,1212013Assets 2014: $26,218Net Assets 2014: $26,2182014Assets 2016: $39,995Net Assets 2016: $39,9952016Assets 2017: $29,097Net Assets 2017: $29,0972017Assets 2018: $36,011Net Assets 2018: $36,0112018Assets 2019: $35,413Net Assets 2019: $35,4132019Assets 2020: $34,113Net Assets 2020: $34,1132020Assets 2021: $29,397Net Assets 2021: $29,3972021Assets 2022: $55,896Net Assets 2022: $55,8962022Assets 2023: $63,867Net Assets 2023: $63,8672023Assets 2024: $48,470Net Assets 2024: $48,4702024

Highlighted filing

2024

Assets$48,470
Liabilities-
Net Assets$48,470
Open 2024 Filing

Operations Trend

Revenue Growth26th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2010: $92,941Expenses 2010: $68,290Net Income 2010: $24,6512010Revenue 2011: $21,863Expenses 2011: $37,377Net Income 2011: -$15,5142011Revenue 2012: $43,335Expenses 2012: $42,854Net Income 2012: $4812012Revenue 2013: $42,118Expenses 2013: $46,017Net Income 2013: -$3,8992013Revenue 2014: $41,485Expenses 2014: $50,388Net Income 2014: -$8,9032014Revenue 2016: $59,655Expenses 2016: $64,220Net Income 2016: -$4,5652016Revenue 2017: $21,641Expenses 2017: $32,537Net Income 2017: -$10,8962017Revenue 2018: $87,247Expenses 2018: $80,333Net Income 2018: $6,9142018Revenue 2019: $119,384Expenses 2019: $119,983Net Income 2019: -$5992019Revenue 2020: $61,053Expenses 2020: $62,351Net Income 2020: -$1,2982020Revenue 2021: $50,200Expenses 2021: $54,917Net Income 2021: -$4,7172021Revenue 2022: $175,000Expenses 2022: $148,505Net Income 2022: $26,4952022Revenue 2023: $70,502Expenses 2023: $62,533Net Income 2023: $7,9692023Revenue 2024: $50,004Expenses 2024: $65,404Net Income 2024: -$15,4002024

Highlighted filing

2024

Revenue$50,004
Expenses$65,404
Net Income-$15,400
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$48,470
Liabilities
-
Net assets
$48,470
Revenue
$50,004
Expenses
$65,404
Net income
-$15,400
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.48$0.48$0.50$0.65$0.15
2023Detailed filing. Detailed filing data is available for this year.$0.64$0.64$0.71$0.63$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.56$0.56$1.75$1.49$0.26
2021Detailed filing. Detailed filing data is available for this year.$0.29$0.29$0.50$0.55$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.34$0.34$0.61$0.62$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.35$0.35$1.19$1.20$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.36$0.36$0.87$0.80$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.29$0.29$0.22$0.33$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.40$0.40$0.60$0.64$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.26$0.26$0.41$0.50$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.35$0.35$0.42$0.46$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.39$0.43$0.43$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.39$0.22$0.37$0.16
2010Summary only. Only limited summary data is available for this year.$0.54$0.00$0.93$0.68$0.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.0
Gross Receipts
$50,004
Mission and Program Overview

Mission

Provide support and encouragement of educational, professional and humanitarian programs and education which will serve the music of armenia.

Program Services

DescriptionGrantsExpenses
DEVELOP AND IMPLEMENT PROGRAMS TO ENCOURAGE YOUNG MUSICIANS TO PERFORM.-$62,510
CREATE A SUITABLE ENVIRONMENT FOR YOUNG MUSICIANS TO PERFORM.--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RAFFI FESTEKJIANPresident-$0--
VAHE GHAHRAMANTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Yerazart Inc
EIN
20-1612098
Phone
6176537673
Address
32 WARWICK ROAD, WATERTOWN, MA 02472

Signing Officer

Name
Raffi Festekjian
Title
President
Phone
6176537673
Signed
2025-11-10

Preparer

Firm
Baystate Accounting & Taxes Inc
Address
557 MT AUBURN ST, WATERTOWN, MA 02472-5138
Preparer
Mihran Minassian Ea
Phone
6179239237
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses armenia yerazart 57,540 instruments 4,970 total 62,510”

Form 990-ez, Part III

“Provide support and encouragement of educational, professional and humanitarian programs and education which will serve the music of armenia.”

Raw XML Appendix116 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0VAHE GHAHRAMAN
IRS990EZ/BooksInCareOfDetail/PhoneNum06176537673
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt032 WARWICK RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WATERTOWN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002472
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt063870
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt048470
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt050000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-15400
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02894
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt063870
IRS990EZ/Form990TotalAssetsGrp/EOYAmt048470
IRS990EZ/GrossReceiptsAmt050004
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt04
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt063870
IRS990EZ/NetAssetsOrFundBalancesEOYAmt048470
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt063870
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt048470
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RAFFI FESTEKJIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1VAHE GHAHRAMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt062510
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE SUPPORT AND ENCOURAGEMENT OF EDUCATIONAL, PROFESSIONAL AND HUMANITARIAN PROGRAMS AND EDUCATION WHICH WILL SERVE THE MUSIC OF ARMENIA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DEVELOP AND IMPLEMENT PROGRAMS TO ENCOURAGE YOUNG MUSICIANS TO PERFORM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1CREATE A SUITABLE ENVIRONMENT FOR YOUNG MUSICIANS TO PERFORM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt062510
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt065404
IRS990EZ/TotalProgramServiceExpensesAmt062510
IRS990EZ/TotalRevenueAmt050004
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.YERAZART.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt050000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt070500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0175000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt050200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt040000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0385700
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt041006
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0385700
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt050000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt070500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0175000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt050200
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt040000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0385700
IRS990ScheduleA/TotalSupportAmt0385700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ARMENIA YERAZART 57,540 INSTRUMENTS 4,970 TOTAL 62,510
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROVIDE SUPPORT AND ENCOURAGEMENT OF EDUCATIONAL, PROFESSIONAL AND HUMANITARIAN PROGRAMS AND EDUCATION WHICH WILL SERVE THE MUSIC OF ARMENIA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RAFFI FESTEKJIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06176537673
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0YERAZART INC
ReturnHeader/Filer/BusinessNameControlTxt0YERA
ReturnHeader/Filer/EIN0201612098
ReturnHeader/Filer/PhoneNum06176537673
ReturnHeader/Filer/USAddress/AddressLine1Txt032 WARWICK ROAD
ReturnHeader/Filer/USAddress/CityNm0WATERTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002472
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208797855
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAYSTATE ACCOUNTING & TAXES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0557 MT AUBURN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WATERTOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0024725138
ReturnHeader/PreparerPersonGrp/PhoneNum06179239237
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MIHRAN MINASSIAN EA
ReturnHeader/ReturnTs02025-11-12T17:33:18-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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