Civic Intelligence

Minakyan Foundation Inc.

990PF • Fiscal year 2016 • EIN 20-4832994

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

Organization Profile
119 Whistler RoadManhasset, NY 11030

(516) 365-9834

Siviq Scores

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

Liabilities / Assets

90th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • NTEE T20 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

90th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • NTEE T20 • <$500k nonprofits • Source year 2016

Net Margin

72nd percentile

37%

Higher net margin than 72% of similar nonprofits.

2016 filings • NTEE T20 • <$500k nonprofits • Source year 2016

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

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

2016 filings • NTEE T20 • <$500k nonprofits • Source year 2016

Asset Growth

74th percentile

10%

Faster asset growth than 74% of similar nonprofits.

2016 filings • NTEE T20 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

68th percentile

17%

Faster revenue growth than 68% of similar nonprofits.

2016 filings • NTEE T20 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$98,681

Up $9,126 (+10%) from 2015

Net Assets

Up

$98,681

Up $9,126 (+10%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin72nd percentile

Revenue

Up

$25,246

Up $3,605 (+17%) from 2015

Expenses

Down

$15,975

Down $7,394 (-32%) from 2015

Net Income

Up

$9,271

Up $10,999 (+637%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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

$200K$150K$100K$50K$0Assets 2013: $81,588Liabilities 2013: $0Net Assets 2013: $81,5882013Assets 2014: $91,321Liabilities 2014: $38Net Assets 2014: $91,2832014Assets 2015: $89,555Liabilities 2015: $0Net Assets 2015: $89,5552015Assets 2016: $98,681Liabilities 2016: $0Net Assets 2016: $98,6812016Assets 2017: $99,487Liabilities 2017: $0Net Assets 2017: $99,4872017Assets 2018: $109,420Liabilities 2018: $0Net Assets 2018: $109,4202018Assets 2019: $115,544Liabilities 2019: $0Net Assets 2019: $115,5442019Assets 2020: $157,462Liabilities 2020: $0Net Assets 2020: $157,4622020Assets 2021: $174,725Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $178,342Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $172,542Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $198,722Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2016

Assets$98,681
Liabilities$0
Net Assets$98,681
Open 2016 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2013: $1,539Expenses 2013: $45Net Income 2013: $1,4942013Revenue 2014: $16,896Expenses 2014: $7,201Net Income 2014: $9,6952014Revenue 2015: $21,641Expenses 2015: $23,369Net Income 2015: -$1,7282015Revenue 2016: $25,246Expenses 2016: $15,975Net Income 2016: $9,2712016Revenue 2017: $7,130Expenses 2017: $6,334Net Income 2017: $7962017Revenue 2018: $36,093Expenses 2018: $26,037Net Income 2018: $10,0562018Revenue 2019: $14,786Expenses 2019: $9,050Net Income 2019: $5,7362019Revenue 2020: $55,356Expenses 2020: $13,171Net Income 2020: $42,1852020Revenue 2021: $35,986Expenses 2021: $15,100Net Income 2021: $20,8862021Revenue 2022: $36,415Expenses 2022: $17,246Net Income 2022: $19,1692022Revenue 2023: $14,945Expenses 2023: $20,515Net Income 2023: -$5,5702023Revenue 2024: $82,826Expenses 2024: $32,500Net Income 2024: $50,3262024

Highlighted filing

2016

Revenue$25,246
Expenses$15,975
Net Income$9,271
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Houry MinakyanDirector-$0--
Nisan MinakyanDirector-$0--
Anita MinakyanDirector-$0--
STEPHEN MINAKYANDirector-$0--
Filing and Contact Details

Filer

Filer Name
Minakyan Foundation Inc
EIN
20-4832994
Phone
5163659834
Address
119 Whistler Road, Manhasset, NY 11030

Signing Officer

Name
Houry Minakyan
Title
Director
Signed
2017-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Wank & Liptzin LLP
Address
114 Old Country Road, Mineola, NY 11501-4410
Preparer
Jerald Wank
Phone
5167390555
Raw XML Appendix397 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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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm1Manhasset
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm2Manhasset
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IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjustedQlfyDistriYr1Amt023237
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IRS990PF/QlfyUndSect4940eReducedTaxGrp/AdjustedQlfyDistriYr5Amt05950
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IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr1Amt0132589
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr2Amt0109134
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr3Amt093406
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr4Amt080063
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr5Amt084857
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IRS990PF/QlfyUndSect4940eReducedTaxGrp/TotalDistributionRt00.310432
IRS990PF/QualifyingDistriPartXIIGrp/AdjustedQualifyingDistriAmt015813
IRS990PF/QualifyingDistriPartXIIGrp/ExpensesAndContributionsAmt015960
IRS990PF/QualifyingDistriPartXIIGrp/PctSect4940eOrgNetInvstIncmAmt0147
IRS990PF/QualifyingDistriPartXIIGrp/QualifyingDistributionsAmt015960
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IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/ExcessBusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
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IRS990PF/StatementsRegardingActy4720Grp/MaintainedExpenditureRspnsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
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IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProceedsOrNetIncomeInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransactionsFailToQlfyAsExcInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistrIncmSect4942a2NotAppInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0false
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/Form990TFiledInd0false
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0119 Whistler Road
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0Manhasset
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0NY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd011030
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0NY
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0Houry Minakyan
IRS990PF/StatementsRegardingActyGrp/PhoneNum05163659834
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0Houry Minakyan
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm1Nisan Minakyan
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt02460
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt15000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt25000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt33500
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0GENERAL FUND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1GENERAL FUND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2GENERAL FUND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt3GENERAL FUND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0501(C)(3)
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt1501 (C)
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt2501 (C)
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt3501 (C)
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm0HOLY MARTYRS ARMENIAN DAY SCHOOL
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm1FULLER CENTER FOR HOUSING
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm2NEW YORK ARMENIAN HOME
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm3ARMENIAN CHURCH OF HOLY MARTYRS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0209-15 HORACE HARDING EXPWY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt1701 S MARTIN LUTHER KING JR BLVD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt2137-31 45TH AVENUE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt3209-15 HORACE HARDING EXPWY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0NEW YORK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1AMERICUS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm2BAYSIDE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm3BAYSIDE
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd1GA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd2NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd3NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd011364
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd131719
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd211355
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd311364
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt015960
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt06064
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt06064
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt016814
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt01743
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt01980
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt01980
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt028453
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt09896
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt016814
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt01743
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt015960
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt09896
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt030433
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt020537
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
OtherDecreasesSchedule/OtherDecreasesDetail/Amt042
OtherDecreasesSchedule/OtherDecreasesDetail/Amt1103
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0ADJUSTMENT
OtherDecreasesSchedule/OtherDecreasesDetail/Desc1FEDERAL INCOME TAX
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt04
TaxesSchedule/TaxesDetail/Amt07
TaxesSchedule/TaxesDetail/CategoryTxt0Foreign Tax Paid
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Houry Minakyan
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Minakyan Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0MINA
ReturnHeader/Filer/EIN0204832994
ReturnHeader/Filer/PhoneNum05163659834
ReturnHeader/Filer/USAddress/AddressLine1Txt0119 Whistler Road
ReturnHeader/Filer/USAddress/CityNm0Manhasset
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011030
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Wank & Liptzin LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0114 Old Country Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mineola
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0115014410
ReturnHeader/PreparerPersonGrp/PhoneNum05167390555
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jerald Wank
ReturnHeader/ReturnTs02017-11-13T08:53:58-08:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Displayed year

2016 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$98,681
Liabilities
$0
Net assets
$98,681
Revenue
$25,246
Expenses
$15,975
Net income
$9,271
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.99$0.00$0.00$0.83$0.33$0.50
2023Detailed filing. Detailed filing data is available for this year.$1.73$0.00$0.00$0.15$0.21$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.78$0.00$0.00$0.36$0.17$0.19
2021Detailed filing. Detailed filing data is available for this year.$1.75$0.00$0.00$0.36$0.15$0.21
2020Detailed filing. Detailed filing data is available for this year.$1.57$0.00$1.57$0.55$0.13$0.42
2019Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$0.15$0.09$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.36$0.26$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.07$0.06$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.25$0.16$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.22$0.23$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.17$0.07$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.02$0.00$0.01