Civic Intelligence

Yerazart Inc.

990EZ • Fiscal year 2017 • EIN 20-1612098

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 13, 2018

Organization ProfileWWW.YERAZART.ORG
32 Warwick RoadWatertown, MA 02472

(781) 431-2231

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

8th percentile

-50%

Higher net margin than 8% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

16th percentile

-27%

Faster asset growth than 16% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

6th percentile

-64%

Faster revenue growth than 6% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$29,097

Down $10,898 (-27%) from 2016

Net Assets

Down

$29,097

Down $10,898 (-27%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin8th percentile

Revenue

Down

$21,641

Down $38,014 (-64%) from 2016

Expenses

Down

$32,537

Down $31,683 (-49%) from 2016

Net Income

Down

-$10,896

Down $6,331 (-139%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2017

Assets$29,097
Liabilities-
Net Assets$29,097
Open 2017 Filing

Operations Trend

Revenue Growth6th percentile

Revenue, expenses, and net income across loaded years, with this 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

2017

Revenue$21,641
Expenses$32,537
Net Income-$10,896
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 13, 2018
Return Version
2017v2.3
Gross Receipts
$21,641
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.-$30,000
CREATE A SUITABLE ENVIRONMENT FOR YOUNG MUSICIANS TO PERFORM.-$437
CREATE A SUITABLE ENVIRONMENT FOR YOUNG MUSICIANS TO PERFORM.--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RAFFI FESTEKJIANPresident-$0--
NOUBAR AFEYANTresurer-$0--
Filing and Contact Details

Filer

Filer Name
Yerazart Inc
EIN
20-1612098
Phone
7814312231
Address
32 WARWICK ROAD, WATERTOWN, MA 02472

Signing Officer

Name
Raffi Festekjian
Title
President
Phone
7814312231
Signed
2018-07-13

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 30,000 fund raising expense 834 total 30,834”

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 Appendix122 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/ZIPCd001890
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt039993
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt029097
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-10896
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01703
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt039993
IRS990EZ/Form990TotalAssetsGrp/EOYAmt029097
IRS990EZ/GrossReceiptsAmt021641
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt039993
IRS990EZ/NetAssetsOrFundBalancesEOYAmt029097
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt039993
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt029097
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RAFFI FESTEKJIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NOUBAR AFEYAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRESURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt030834
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/ProgramServiceRevenueAmt021639
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/DescriptionProgramSrvcAccomTxt2CREATE A SUITABLE ENVIRONMENT FOR YOUNG MUSICIANS TO PERFORM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt030000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt1437
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt032537
IRS990EZ/TotalProgramServiceExpensesAmt030437
IRS990EZ/TotalRevenueAmt021641
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.YERAZART.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt030000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt020020
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt020000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt018663
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt088683
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt021641
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt088683
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt030000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt020020
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt020000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt018663
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt088683
IRS990ScheduleA/TotalSupportAmt088683
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ARMENIA YERAZART 30,000 FUND RAISING EXPENSE 834 TOTAL 30,834
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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RAFFI FESTEKJIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07814312231
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0YERAZART INC
ReturnHeader/Filer/BusinessNameControlTxt0YERA
ReturnHeader/Filer/EIN0201612098
ReturnHeader/Filer/PhoneNum07814312231
ReturnHeader/Filer/USAddress/AddressLine1Txt032 WARWICK ROAD
ReturnHeader/Filer/USAddress/CityNm0WATERTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002472
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0977CFCB9C685DC8DED6EB91A22541EBE6B77B20C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId05D0280A0F7BC3FECD0BDDAC7B68987F93B77BE44
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02018-09-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:12:09
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/PreparationDt02018-07-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MIHRAN MINASSIAN EA
ReturnHeader/ReturnTs02018-09-14T15:12:09-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,097
Liabilities
-
Net assets
$29,097
Revenue
$21,641
Expenses
$32,537
Net income
-$10,896
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