Civic Intelligence

Hamazkayin Armenian Educational and Cultural Society Inc

990 • Fiscal year 2016 • EIN 22-2553565

May 01, 2015 to Apr 30, 2016 • Filed on Jul 12, 2016

Organization ProfileWWW.HAMAZKAYIN.COM
80 Bigelow AvenueWatertown, MA 02472

(610) 891-7710

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

30th percentile

-4.9%

Higher net margin than 30% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

56th percentile

4.8%

Faster asset growth than 56% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

17th percentile

-30%

Faster revenue growth than 17% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$344,201

Up $15,686 (+4.8%) from 2015

Net Assets

Up

$344,201

Up $15,686 (+4.8%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin30th percentile

Revenue

Down

$189,288

Down $79,902 (-30%) from 2015

Expenses

Up

$198,656

Up $4,196 (+2.2%) from 2015

Net Income

Down

-$9,368

Down $84,098 (-113%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$800K$600K$400K$200K$0Assets 2008: $13,329Liabilities 2008: $02008Assets 2009: $12,313Liabilities 2009: $02009Assets 2010: $5,473Liabilities 2010: $02010Assets 2011: $11,547Liabilities 2011: $02011Assets 2012: $32,283Liabilities 2012: $02012Assets 2013: $35,242Liabilities 2013: $02013Assets 2014: $75,085Liabilities 2014: $0Net Assets 2014: $75,0852014Assets 2015: $328,515Liabilities 2015: $0Net Assets 2015: $328,5152015Assets 2016: $344,201Liabilities 2016: $0Net Assets 2016: $344,2012016Assets 2017: $381,573Liabilities 2017: $0Net Assets 2017: $381,5732017Assets 2018: $462,116Liabilities 2018: $0Net Assets 2018: $462,1162018Assets 2019: $382,095Liabilities 2019: $0Net Assets 2019: $382,0952019Assets 2020: $417,480Liabilities 2020: $370Net Assets 2020: $417,1102020Assets 2021: $416,718Liabilities 2021: $370Net Assets 2021: $416,3482021Assets 2022: $403,960Liabilities 2022: $370Net Assets 2022: $403,5902022Assets 2023: $481,027Liabilities 2023: $0Net Assets 2023: $481,0272023Assets 2024: $637,101Liabilities 2024: $0Net Assets 2024: $637,1012024Assets 2025: $663,521Liabilities 2025: $0Net Assets 2025: $663,5212025

Highlighted filing

2016

Assets$344,201
Liabilities$0
Net Assets$344,201
Open 2016 Filing

Operations Trend

Revenue Growth17th percentile

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

$600K$400K$200K$0-$200KRevenue 2008: $10,899Expenses 2008: $8,849Net Income 2008: $2,0502008Revenue 2009: $5,865Expenses 2009: $6,881Net Income 2009: -$1,0162009Revenue 2010: $20,169Expenses 2010: $27,009Net Income 2010: -$6,8402010Revenue 2011: $46,492Expenses 2011: $40,418Net Income 2011: $6,0742011Revenue 2012: $23,691Expenses 2012: $2,955Net Income 2012: $20,7362012Revenue 2013: $184,462Expenses 2013: $181,503Net Income 2013: $2,9592013Revenue 2014: $259,141Expenses 2014: $219,298Net Income 2014: $39,8432014Revenue 2015: $269,190Expenses 2015: $194,460Net Income 2015: $74,7302015Revenue 2016: $189,288Expenses 2016: $198,656Net Income 2016: -$9,3682016Revenue 2017: $353,415Expenses 2017: $320,188Net Income 2017: $33,2272017Revenue 2018: $380,367Expenses 2018: $305,308Net Income 2018: $75,0592018Revenue 2019: $371,023Expenses 2019: $451,044Net Income 2019: -$80,0212019Revenue 2020: $166,170Expenses 2020: $131,155Net Income 2020: $35,0152020Revenue 2021: $65,613Expenses 2021: $66,375Net Income 2021: -$7622021Revenue 2022: $100,768Expenses 2022: $113,526Net Income 2022: -$12,7582022Revenue 2023: $449,102Expenses 2023: $371,665Net Income 2023: $77,4372023Revenue 2024: $228,543Expenses 2024: $140,549Net Income 2024: $87,9942024Revenue 2025: $195,851Expenses 2025: $196,815Net Income 2025: -$9642025

Highlighted filing

2016

Revenue$189,288
Expenses$198,656
Net Income-$9,368
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2015 to Apr 30, 2016
Signed
Jul 12, 2016
Return Version
2015v2.1
Gross Receipts
$189,288
Mission and Program Overview

Mission

The basic premise of the organization is to nurture, safeguard and promote the armenian language, cultural values, traditions and education throughout the armenian diaspora and armenia

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$328,515$344,201▲ $15,686
Cash and Non-Interest-Bearing Accounts$185,128$209,099▲ $23,971
Other Notes and Loans Receivable, Net$76,377$76,377→ $0
Investments in Publicly Traded Securities$52,927$58,725▲ $5,798
Savings and Temporary Cash Investments$14,083--
Total Assets$328,515$344,201▲ $15,686
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$328,515$344,201▲ $15,686
Total Liabilities and Net Assets / Fund Balance$328,515$344,201▲ $15,686
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
Arevig CaprielianChairperson
Hasmig AprahamianVice-chairpe
Khachig DakarianAdvisor
Nanore BarsoumianAdvisor
Anny AghajanianSecretary
Kari GhazarianTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$61,376
Program Service Revenue
$127,912
Investment Income
$0
Other Revenue
$0
All Other Contributions
$22,585
Change in Net Assets
$-9,368
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$198,656
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$138,658--$138,658
Occupancy$30,040--$30,040
Fees for Services Accounting-$1,150-$1,150
Other Expenses$1,895$280-$280
All Other Expenses-$79-$79
Total Functional Expenses$197,147$1,509$0$198,656
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Hamazkayin Armenian Educational
EIN
22-2553565
Address
80 BIGELOW AVENUE, WATERTOWN, MA 02472

Signing Officer

Name
Arevig Caprielian
Title
Chairperson
Phone
4849190203
Signed
2016-07-12

Organization Details

Principal Officer
Arevig Caprielian
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Mb Advisors CPA
Address
18 E SECOND ST 1ST FLOOR, MEDIA, PA 19063-2906
Preparer
Greg Mangasarian
Phone
6108917710
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Armenian cultural dances, concerts and other musical events.”

Form 990, Part IX, Line 11G

“Cultural event programs 138,658 0 0”

Form 990, Part XI, Line 9

“Correction on beginning bal of ckg and svgs acct 24,229 total 24,229”

Raw XML Appendix303 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
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IRS990/OtherExpensesGrp/Desc1REGIONAL QUOTA
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ARMENIAN CULTURAL DANCES, CONCERTS AND OTHER MUSICAL EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CULTURAL EVENT PROGRAMS 138,658 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CORRECTION ON BEGINNING BAL OF CKG AND SVGS ACCT 24,229 TOTAL 24,229
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0AREVIG CAPRIELIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRPERSON
ReturnHeader/BusinessOfficerGrp/PhoneNum04849190203
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-07-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HAMAZKAYIN ARMENIAN EDUCATIONAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0AND CULTRUAL SOCIETY INC
ReturnHeader/Filer/BusinessNameControlTxt0HAMA
ReturnHeader/Filer/EIN0222553565
ReturnHeader/Filer/USAddress/AddressLine1Txt080 BIGELOW AVENUE
ReturnHeader/Filer/USAddress/CityNm0WATERTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002472
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261296040
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MB ADVISORS CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt018 E SECOND ST 1ST FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MEDIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0190632906
ReturnHeader/PreparerPersonGrp/PhoneNum06108917710
ReturnHeader/PreparerPersonGrp/PreparationDt02016-07-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREG MANGASARIAN
ReturnHeader/ReturnTs02016-09-08T10:21:35-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-05-01
ReturnHeader/TaxPeriodEndDt02016-04-30
ReturnHeader/TaxYr02015

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$344,201
Liabilities
$0
Net assets
$344,201
Revenue
$189,288
Expenses
$198,656
Net income
-$9,368
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.64$0.00$6.64$1.96$1.97$0.01
2024Detailed filing. Detailed filing data is available for this year.$6.37$0.00$6.37$2.29$1.41$0.88
2023Detailed filing. Detailed filing data is available for this year.$4.81$0.00$4.81$4.49$3.72$0.77
2022Detailed filing. Detailed filing data is available for this year.$4.04$0.00$4.04$1.01$1.14$0.13
2021Detailed filing. Detailed filing data is available for this year.$4.17$0.00$4.16$0.66$0.66$0.01
2020Detailed filing. Detailed filing data is available for this year.$4.17$0.00$4.17$1.66$1.31$0.35
2019Detailed filing. Detailed filing data is available for this year.$3.82$0.00$3.82$3.71$4.51$0.80
2018Detailed filing. Detailed filing data is available for this year.$4.62$0.00$4.62$3.80$3.05$0.75
2017Detailed filing. Detailed filing data is available for this year.$3.82$0.00$3.82$3.53$3.20$0.33
2016Detailed filing. Detailed filing data is available for this year.$3.44$0.00$3.44$1.89$1.99$0.09
2015Detailed filing. Detailed filing data is available for this year.$3.29$0.00$3.29$2.69$1.94$0.75
2014Summary only. Only limited summary data is available for this year.$0.75$0.00$0.75$2.59$2.19$0.40
2013Summary only. Only limited summary data is available for this year.$0.35$0.00$1.84$1.82$0.03
2012Summary only. Only limited summary data is available for this year.$0.32$0.00$0.24$0.03$0.21
2011Summary only. Only limited summary data is available for this year.$0.12$0.00$0.46$0.40$0.06
2010Summary only. Only limited summary data is available for this year.$0.05$0.00$0.20$0.27$0.07
2009Summary only. Only limited summary data is available for this year.$0.12$0.00$0.06$0.07$0.01
2008Summary only. Only limited summary data is available for this year.$0.13$0.00$0.11$0.09$0.02