Civic Intelligence

Hovnanian School Inc.

990 • Fiscal year 2017 • EIN 22-2126689

Aug 01, 2016 to Jul 31, 2017 • Filed on Dec 21, 2018

Organization ProfileN/A
817 River RoadNew Milford, NJ 07646

(201) 967-5940

Siviq Scores

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

Liabilities / Assets

74th percentile

0.47x

Higher debt load relative to assets than 74% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

86th percentile

0.66x

Higher debt load relative to revenue than 86% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Net Margin

21st percentile

-4.8%

Higher net margin than 21% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

33rd percentile

$0

Higher top officer pay than 33% of similar nonprofits.

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

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Asset Growth

16th percentile

-6.9%

Faster asset growth than 16% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

23rd percentile

-5.3%

Faster revenue growth than 23% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$3,819,888

Down $281,884 (-6.9%) from 2016

Net Assets

Down

$2,029,721

Down $54,658 (-2.6%) from 2016

Liabilities

Down

$1,790,167

Down $227,226 (-11%) from 2016

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin21st percentile

Revenue

Down

$2,729,112

Down $153,660 (-5.3%) from 2016

Expenses

Up

$2,859,231

Up $142,854 (+5.3%) from 2016

Net Income

Down

-$130,119

Down $296,514 (-178%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

$15M$10M$5.0M$0Assets 2011: $3,154,586Liabilities 2011: $1,945,286Net Assets 2011: $1,209,3002011Assets 2012: $3,151,421Liabilities 2012: $1,829,059Net Assets 2012: $1,322,3622012Assets 2013: $3,225,322Liabilities 2013: $1,807,869Net Assets 2013: $1,417,4532013Assets 2014: $3,237,767Liabilities 2014: $2,117,772Net Assets 2014: $1,119,9952014Assets 2015: $4,053,694Liabilities 2015: $2,111,877Net Assets 2015: $1,941,8172015Assets 2016: $4,101,772Liabilities 2016: $2,017,393Net Assets 2016: $2,084,3792016Assets 2017: $3,819,888Liabilities 2017: $1,790,167Net Assets 2017: $2,029,7212017Assets 2018: $3,868,493Liabilities 2018: $2,009,851Net Assets 2018: $1,858,6422018Assets 2019: $3,797,484Liabilities 2019: $1,913,116Net Assets 2019: $1,884,3682019Assets 2020: $3,611,119Liabilities 2020: $2,067,539Net Assets 2020: $1,543,5802020Assets 2021: $4,472,851Liabilities 2021: $2,019,291Net Assets 2021: $2,453,5602021Assets 2022: $10,637,594Liabilities 2022: $1,863,997Net Assets 2022: $8,773,5972022Assets 2023: $10,410,434Liabilities 2023: $1,840,864Net Assets 2023: $8,569,5702023Assets 2024: $10,999,303Liabilities 2024: $1,663,899Net Assets 2024: $9,335,4042024

Highlighted filing

2017

Assets$3,819,888
Liabilities$1,790,167
Net Assets$2,029,721
Open 2017 Filing

Operations Trend

Revenue Growth23rd percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $2,110,664Expenses 2011: $2,129,057Net Income 2011: -$18,3932011Revenue 2012: $2,281,906Expenses 2012: $2,168,844Net Income 2012: $113,0622012Expenses 2013: $2,205,5912013Revenue 2014: $2,594,076Expenses 2014: $2,778,071Net Income 2014: -$183,9952014Revenue 2015: $3,095,245Expenses 2015: $2,530,662Net Income 2015: $564,5832015Revenue 2016: $2,882,772Expenses 2016: $2,716,377Net Income 2016: $166,3952016Revenue 2017: $2,729,112Expenses 2017: $2,859,231Net Income 2017: -$130,1192017Revenue 2018: $2,948,688Expenses 2018: $3,128,256Net Income 2018: -$179,5682018Revenue 2019: $2,927,707Expenses 2019: $3,012,029Net Income 2019: -$84,3222019Revenue 2020: $2,297,302Expenses 2020: $2,678,176Net Income 2020: -$380,8742020Revenue 2021: $3,802,680Expenses 2021: $2,892,700Net Income 2021: $909,9802021Revenue 2022: $10,280,451Expenses 2022: $3,473,114Net Income 2022: $6,807,3372022Revenue 2023: $3,280,233Expenses 2023: $3,480,161Net Income 2023: -$199,9282023Revenue 2024: $4,590,847Expenses 2024: $3,760,029Net Income 2024: $830,8182024

Highlighted filing

2017

Revenue$2,729,112
Expenses$2,859,231
Net Income-$130,119
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2016 to Jul 31, 2017
Signed
Dec 21, 2018
Return Version
2016v3.0
Gross Receipts
$2,729,112
Mission and Program Overview

Mission

To provide instruction to enrolled students and enrich them with the armenian culture and history.

SCHOOL

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,026,832$2,960,723▼ $66,109
Investments Other Securities$452,825$573,308▲ $120,483
Cash and Non-Interest-Bearing Accounts$308,761$198,083▼ $110,678
Accounts Receivable$235,946$55,523▼ $180,423
Inventories for Sale or Use$24,241$21,975▼ $2,266
Prepaid Expenses and Deferred Charges$40,223$10,276▼ $29,947
Total Assets$4,088,828$3,819,888▼ $268,940
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,883,226$1,523,110▼ $360,116
Accounts Payable and Accrued Expenses$127,623$259,557▲ $131,934
Other Liabilities$0$7,500▲ $7,500
Total Liabilities$2,010,849$1,790,167▼ $220,682
Net Assets / Fund Balance
Unrestricted Net Assets$2,432,658$2,678,345▲ $245,687
Temporarily Rstr Net Assets$494,368$106,332▼ $388,036
Permanently Rstr Net Assets$-849,047$-754,956▲ $94,091
Total Net Assets Fund Balance$2,077,979$2,029,721▼ $48,258
Total Liabilities and Net Assets / Fund Balance$4,088,828$3,819,888▼ $268,940

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$197,024$519,419-
Other Land Buildings$11,713$78,280-
Equipment$33,063$86,067-
Leasehold Improvements$2,718,923$1,290,145-
Other Securities$111,573--
Compensation and Service Providers
Top Officer Pay33rd percentile

Board Members and Trustees

NameTitle
Gregory SimonianChairman
Karen NargizianVice Chairwoman
Ara ZadourianAdvisor
Berta ZakianAdvisor
Karolin CakirdasAdvisor
Robert GaripianAdvisor
Vicken ArslanianAdvisor
Paulette LocaroInterim Principal
Silva MesrobianInterim Principal
Nazar AltunSecretary
Avak UzatmaciyanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$382,986
Program Service Revenue
$1,639,595
Investment Income
$1,979
Other Revenue
$704,552
All Other Contributions
$382,986
Change in Net Assets
$-130,119

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,729,112
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,729,112
Total Revenue per Form 990
$2,729,112
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,720,728
Other Expenses$1,138,503
Total Fundraising Expense$212,098
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,040,457$525,886-$1,566,343
Payroll Taxes$102,552$51,833-$154,385
Depreciation Depletion$138,357$15,374-$153,731
Insurance$82,913$41,461-$124,374
Fees for Services Other$26,762$39,441$11,636$77,839
Other Expenses$6,593$59,408$200,462$66,001
Interest-$63,892-$63,892
All Other Expenses$49,988$5,554-$55,542
Office Expenses$10,220$9,259-$19,479
Fees for Services Accounting$5,000$5,000-$10,000
Total Functional Expenses$1,828,750$818,383$212,098$2,859,231

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,859,231
Total Expenses per Audited Statements$2,859,231
Total Expenses per Form 990$2,859,231
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$634,939
Fundraising Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Parents Participation$634,939$634,939-$634,939
Total Events$634,939$634,939-$634,939
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$7,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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

“The board of directors reviews the form 990 and compares to the books and records of the organization prior to the filing of the form 990.”

Form 990, Part VI, Section C, Line 19

“The organization makes available its governing documents, conflict of interest policy and financial statements upon request. It published the availablity of these documents in an ad in acceptable publication.”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

“Gregory simonian - 300 skylark ct, paramus, nj 07652. Robert garipian - 305 arthur avenue, engledwood cliffs, nj 07632. Ara zadourian - 93 garry road, closter, nj 07624. Nazar altun - 9 hamilton ct, paramus, nj 07652. Vicken arslanian - c/o hovnanian school 817 river road, new milford, nj 07646. Karolin cakirdas - 441 jersey avemue, fairview, nj 07022. Karen nargizian - 878 scioto drive, franklin lakes, nj 07417. Berta zakian - 129 e 82nd st apt # 10a, new york, ny 10028. Avak uzatmaciyan - 76 nicholas drive, paramus, nj 07652. Paulette locaro - 148 midwood road, glen rock, nj 07452. Silva mesrobian - 745 prospect st, glen rock, nj 07452.”

Form 990, Part VIII, Lines 1F and 8A

“The amounts reported on schedule b include both contributions and fundraising amounts reported on line 1f and line 8a of part viii - statement of revenue.”

Filing and Contact Details

Filer

Filer Name
Hovnanian School Inc
EIN
22-2126689
Phone
2019675940
Address
817 RIVER ROAD, NEW MILFORD, NJ 07646

Signing Officer

Name
Hilda Baronian
Title
Comptroller
Phone
2019675940
Signed
2018-12-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hilda Baronian
Formed
1976
Legal Domicile
Nj
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Farber Blicht Eyerman & Herzog Llp
Address
1000 WOODBURY ROAD SUITE 206, WOODBURY, NY 11797
Preparer
Karen Grimm
Phone
5165767040
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Rental expenses -36,645. Rounding 2.”

Financial Statement Notes

Part XII Line 2D

“Part xii line 2d: rental expenses part xiii line 2d: rental expenses”

Raw XML AppendixShowing 400 of 477 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0127623
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0259557
IRS990/AccountsReceivableGrp/BOYAmt0235946
IRS990/AccountsReceivableGrp/EOYAmt055523
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SCHOOL
IRS990/AllOtherContributionsAmt0382986
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt05554
IRS990/AllOtherExpensesGrp/ProgramServicesAmt049988
IRS990/AllOtherExpensesGrp/TotalAmt055542
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE HOVNANIAN SCHOOL
IRS990/BooksInCareOfDetail/PhoneNum02019675940
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0817 RIVER ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW MILFORD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd007646
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0308761
IRS990/CashNonInterestBearingGrp/EOYAmt0198083
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0382986
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01979
IRS990/CYOtherExpensesAmt01138503
IRS990/CYOtherRevenueAmt0704552
IRS990/CYProgramServiceRevenueAmt01639595
IRS990/CYRevenuesLessExpensesAmt0-130119
IRS990/CYSalariesCompEmpBnftPaidAmt01720728
IRS990/CYTotalExpensesAmt02859231
IRS990/CYTotalFundraisingExpenseAmt0212098
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02729112
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt015374
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0138357
IRS990/DepreciationDepletionGrp/TotalAmt0153731
IRS990/Desc0DAYTIME INSTRUCTION GIVEN TO APPROXIMATELY 178 STUDENTS, INCLUDING REGULAR PUBLIC SCHOOL CURRICULUM WITH ADDITIONAL ARMENIAN LANGUAGE AND HISTORY CLASSES
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01828750
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05000
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt05000
IRS990/FeesForServicesAccountingGrp/TotalAmt010000
IRS990/FeesForServicesOtherGrp/FundraisingAmt011636
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt039441
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt026762
IRS990/FeesForServicesOtherGrp/TotalAmt077839
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd10X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0GREGORY SIMONIAN
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERT GARIPIAN
IRS990/Form990PartVIISectionAGrp/PersonNm2ARA ZADOURIAN
IRS990/Form990PartVIISectionAGrp/PersonNm3NAZAR ALTUN
IRS990/Form990PartVIISectionAGrp/PersonNm4VICKEN ARSLANIAN
IRS990/Form990PartVIISectionAGrp/PersonNm5KAROLIN CAKIRDAS
IRS990/Form990PartVIISectionAGrp/PersonNm6KAREN NARGIZIAN
IRS990/Form990PartVIISectionAGrp/PersonNm7BERTA ZAKIAN
IRS990/Form990PartVIISectionAGrp/PersonNm8AVAK UZATMACIYAN
IRS990/Form990PartVIISectionAGrp/PersonNm9PAULETTE LOCARO
IRS990/Form990PartVIISectionAGrp/PersonNm10SILVA MESROBIAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIRWOMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt7ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9INTERIM PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt10INTERIM PRINCIPAL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01976
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt0634939
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02729112
IRS990/GrossRentsGrp/RealAmt069613
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt041461
IRS990/InsuranceGrp/ProgramServicesAmt082913
IRS990/InsuranceGrp/TotalAmt0124374
IRS990/InterestGrp/ManagementAndGeneralAmt063892
IRS990/InterestGrp/TotalAmt063892
IRS990/InventoriesForSaleOrUseGrp/BOYAmt024241
IRS990/InventoriesForSaleOrUseGrp/EOYAmt021975
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01979
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01979
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0452825
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0573308
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01973911
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03026832
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02960723
IRS990/LandBldgEquipCostOrOtherBssAmt04934634
IRS990/LegalDomicileStateCd0NJ
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE INSTRUCTION TO ENROLLED STUDENTS AND ENRICH THEM WITH THE ARMENIAN CULTURE AND HISTORY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01883226
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01523110
IRS990/NetAssetsOrFundBalancesBOYAmt02077979
IRS990/NetAssetsOrFundBalancesEOYAmt02029721
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0634939
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0634939
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt069613
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt069613
IRS990/NetUnrelatedBusTxblIncmAmt031968
IRS990/NetUnrlzdGainsLossesInvstAmt0118504
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09259
IRS990/OfficeExpensesGrp/ProgramServicesAmt010220
IRS990/OfficeExpensesGrp/TotalAmt019479
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-36643
IRS990/OtherExpensesGrp/Desc0ADDITIONAL SCHOOL EXPEN
IRS990/OtherExpensesGrp/Desc1FUNDRAISING AND SPECIAL
IRS990/OtherExpensesGrp/Desc2BUILDING REPAIRS & MAIN
IRS990/OtherExpensesGrp/Desc3COMPUTER EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt0200462
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01275
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt159408
IRS990/OtherExpensesGrp/ProgramServicesAmt0239777
IRS990/OtherExpensesGrp/ProgramServicesAmt1126131
IRS990/OtherExpensesGrp/ProgramServicesAmt26593
IRS990/OtherExpensesGrp/TotalAmt0239777
IRS990/OtherExpensesGrp/TotalAmt1200462
IRS990/OtherExpensesGrp/TotalAmt2127406
IRS990/OtherExpensesGrp/TotalAmt366001
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt07500
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0525886
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01040457
IRS990/OtherSalariesAndWagesGrp/TotalAmt01566343
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt051833
IRS990/PayrollTaxesGrp/ProgramServicesAmt0102552
IRS990/PayrollTaxesGrp/TotalAmt0154385
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0-849047
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0-754956
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt040223
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010276
IRS990/PrincipalOfficerNm0HILDA BARONIAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/BusinessCd4611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION/REGISTRATION
IRS990/ProgramServiceRevenueGrp/Desc1REGISTRATION
IRS990/ProgramServiceRevenueGrp/Desc2AFTER SCHOOL
IRS990/ProgramServiceRevenueGrp/Desc3SUMMER WORKSHOPS
IRS990/ProgramServiceRevenueGrp/Desc4SCHOOL LUNCH
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01264946
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt177338
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt240785
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt328163
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt422637
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01264946
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt177338
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt240785
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt328163
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt422637
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0278116
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01702
IRS990/PYOtherExpensesAmt01057784
IRS990/PYOtherRevenueAmt0506673
IRS990/PYProgramServiceRevenueAmt02091281
IRS990/PYRevenuesLessExpensesAmt0159995
IRS990/PYSalariesCompEmpBnftPaidAmt01659993
IRS990/PYTotalExpensesAmt02717777
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02877772
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-130119
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt069613
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01641574
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0197024
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0519419
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0716443
IRS990ScheduleD/EquipmentGrp/BookValueAmt033063
IRS990ScheduleD/EquipmentGrp/DepreciationAmt086067
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0119130
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02859231
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02718923
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01290145
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt04009068
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011713
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt078280
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt089993
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0461735
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1111573
IRS990ScheduleD/OtherSecuritiesGrp/Desc0KAZAZIAN CAPITAL OFFSHORE FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc1MORGAN STANLEY
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02729112
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PART XII LINE 2D: RENTAL EXPENSES PART XIII LINE 2D: RENTAL EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XII LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02960723
IRS990ScheduleD/TotalBookValueSecuritiesAmt0573308
IRS990ScheduleD/TotalExpensesPerForm990Amt02859231
IRS990ScheduleD/TotalLiabilityAmt07500
IRS990ScheduleD/TotalRevenuePerForm990Amt02729112
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02729112
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02859231
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd00
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0AT THE BEGINNING OF EVERY ACADEMIC YEAR, ADS ARE PLACED IN LOCAL NEWSPAPERS
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1NO RECORDS NEEDED NO SCHOLARSHIPS AND ASSISTANCE AWARDED
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0PARENTS PARTICIPATION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0634939
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0634939
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0634939
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0634939
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0634939
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS THE FORM 990 AND COMPARES TO THE BOOKS AND RECORDS OF THE ORGANIZATION PRIOR TO THE FILING OF THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES AVAILABLE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS UPON REQUEST. IT PUBLISHED THE AVAILABLITY OF THESE DOCUMENTS IN AN AD IN ACCEPTABLE PUBLICATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GREGORY SIMONIAN - 300 SKYLARK CT, PARAMUS, NJ 07652. ROBERT GARIPIAN - 305 ARTHUR AVENUE, ENGLEDWOOD CLIFFS, NJ 07632. ARA ZADOURIAN - 93 GARRY ROAD, CLOSTER, NJ 07624. NAZAR ALTUN - 9 HAMILTON CT, PARAMUS, NJ 07652. VICKEN ARSLANIAN - C/O HOVNANIAN SCHOOL 817 RIVER ROAD, NEW MILFORD, NJ 07646. KAROLIN CAKIRDAS - 441 JERSEY AVEMUE, FAIRVIEW, NJ 07022. KAREN NARGIZIAN - 878 SCIOTO DRIVE, FRANKLIN LAKES, NJ 07417. BERTA ZAKIAN - 129 E 82ND ST APT # 10A, NEW YORK, NY 10028. AVAK UZATMACIYAN - 76 NICHOLAS DRIVE, PARAMUS, NJ 07652. PAULETTE LOCARO - 148 MIDWOOD ROAD, GLEN ROCK, NJ 07452. SILVA MESROBIAN - 745 PROSPECT ST, GLEN ROCK, NJ 07452.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE AMOUNTS REPORTED ON SCHEDULE B INCLUDE BOTH CONTRIBUTIONS AND FUNDRAISING AMOUNTS REPORTED ON LINE 1F AND LINE 8A OF PART VIII - STATEMENT OF REVENUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RENTAL EXPENSES -36,645. ROUNDING 2.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VIII, LINES 1F AND 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0494368
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0106332
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04088828
IRS990/TotalAssetsEOYAmt03819888
IRS990/TotalAssetsGrp/BOYAmt04088828

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$3,819,888
Liabilities
$1,790,167
Net assets
$2,029,721
Revenue
$2,729,112
Expenses
$2,859,231
Net income
-$130,119
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.0$1.66$9.34$4.59$3.76$0.83
2023Detailed filing. Detailed filing data is available for this year.$10.4$1.84$8.57$3.28$3.48$0.20
2022Detailed filing. Detailed filing data is available for this year.$10.6$1.86$8.77$10.3$3.47$6.81
2021Detailed filing. Detailed filing data is available for this year.$4.47$2.02$2.45$3.80$2.89$0.91
2020Summary only. Only limited summary data is available for this year.$3.61$2.07$1.54$2.30$2.68$0.38
2019Detailed filing. Detailed filing data is available for this year.$3.80$1.91$1.88$2.93$3.01$0.08
2018Detailed filing. Detailed filing data is available for this year.$3.87$2.01$1.86$2.95$3.13$0.18
2017Detailed filing. Detailed filing data is available for this year.$3.82$1.79$2.03$2.73$2.86$0.13
2016Detailed filing. Detailed filing data is available for this year.$4.10$2.02$2.08$2.88$2.72$0.17
2015Detailed filing. Detailed filing data is available for this year.$4.05$2.11$1.94$3.10$2.53$0.56
2014Detailed filing. Detailed filing data is available for this year.$3.24$2.12$1.12$2.59$2.78$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.23$1.81$1.42$2.21
2012Summary only. Only limited summary data is available for this year.$3.15$1.83$1.32$2.28$2.17$0.11
2011Summary only. Only limited summary data is available for this year.$3.15$1.95$1.21$2.11$2.13$0.02