Civic Intelligence

587 Ministries Inc

EIN 27-3599488 • 501(c)3 • Pasadena, CA

Profile

To engage in missions and other charitable activities toward individuals.

2670 Lambert DrPasadena, CA 91107

n/A

Siviq Scores

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

Liabilities / Assets

36th percentile

0.00x

Higher debt load relative to assets than 36% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

39th percentile

0.00x

Higher debt load relative to revenue than 39% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

57th percentile

8.1%

Higher net margin than 57% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

83rd percentile

$88,943

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 27.7% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

32nd percentile

-3.4%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

88th percentile

83%

Faster revenue growth than 88% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets36th percentile

Assets

Down

$584,352

Down $55,981 (-8.7%) from 2021

Liabilities

Down

-$3,395

Down $6,851 (-198%) from 2021

Net Assets

Down

$587,747

Down $49,130 (-7.7%) from 2021

Operations
Liabilities / Revenue39th percentileNet Margin57th percentile

Revenue

Up

$141,058

Up $2,547 (+1.8%) from 2021

Expenses

Down

$130,511

Down $14,880 (-10%) from 2021

Net Income

Up

$10,547

Up $17,427 (+253%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth32nd percentile

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

$800K$600K$400K$200K$0-$200KAssets 2011: $51,323Net Assets 2011: $51,3232011Assets 2012: $115,884Net Assets 2012: $115,8842012Assets 2013: $104,183Net Assets 2013: $104,1832013Assets 2014: $117,830Net Assets 2014: $117,8302014Assets 2015: $169,640Liabilities 2015: $0Net Assets 2015: $169,6402015Assets 2016: $178,669Liabilities 2016: $0Net Assets 2016: $178,6692016Assets 2017: $194,266Liabilities 2017: $0Net Assets 2017: $194,2662017Assets 2018: $593,865Liabilities 2018: $596Net Assets 2018: $593,2692018Assets 2019: $546,904Liabilities 2019: $0Net Assets 2019: $546,9042019Assets 2020: $541,121Liabilities 2020: $5,193Net Assets 2020: $535,9282020Assets 2021: $640,333Liabilities 2021: $3,456Net Assets 2021: $636,8772021Assets 2022: $584,352Liabilities 2022: -$3,395Net Assets 2022: $587,7472022

Highlighted filing

2022

Assets$584,352
Liabilities-$3,395
Net Assets$587,747
Open 2022 Filing

Operations Trend

Revenue Growth88th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $89,456Expenses 2011: $38,133Net Income 2011: $51,3232011Revenue 2012: $129,229Expenses 2012: $64,668Net Income 2012: $64,5612012Revenue 2013: $155,291Expenses 2013: $166,992Net Income 2013: -$11,7012013Revenue 2014: $193,282Expenses 2014: $179,635Net Income 2014: $13,6472014Revenue 2015: $286,219Expenses 2015: $120,968Net Income 2015: $165,2512015Revenue 2016: $205,478Expenses 2016: $196,449Net Income 2016: $9,0292016Revenue 2017: $227,990Expenses 2017: $212,393Net Income 2017: $15,5972017Revenue 2018: $209,889Expenses 2018: $107,754Net Income 2018: $102,1352018Revenue 2019: $217,834Expenses 2019: $264,199Net Income 2019: -$46,3652019Revenue 2020: $119,359Expenses 2020: $130,335Net Income 2020: -$10,9762020Revenue 2021: $138,511Expenses 2021: $145,391Net Income 2021: -$6,8802021Revenue 2022: $141,058Expenses 2022: $130,511Net Income 2022: $10,5472022

Highlighted filing

2022

Revenue$141,058
Expenses$130,511
Net Income$10,547
Open 2022 Filing

Filings

Most recent year

2022 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$584,352
Liabilities
-$3,395
Net assets
$587,747
Revenue
$141,058
Expenses
$130,511
Net income
$10,547
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.84$0.03$5.88$1.41$1.31$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.40$0.03$6.37$1.39$1.45$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.41$0.05$5.36$1.19$1.30$0.11
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.47$0.00$5.47$2.18$2.64$0.46
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.94$0.01$5.93$2.10$1.08$1.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.94$0.00$1.94$2.28$2.12$0.16
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$0.00$1.79$2.05$1.96$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.70$0.00$1.70$2.86$1.21$1.65
2014Detailed filing. Detailed filing data is available for this year.$1.18$1.18$1.93$1.80$0.14
2013Detailed filing. Detailed filing data is available for this year.$1.04$1.04$1.55$1.67$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$1.16$1.29$0.65$0.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.51$0.89$0.38$0.51
Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2019 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.0
Gross Receipts
$217,834
Mission and Program Overview

Mission

To support the vulnerable in society by missions and other charitable activities toward individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$593,269$546,904▼ $46,365
Investments in Publicly Traded Securities$190,689$256,234▲ $65,545
Cash and Non-Interest-Bearing Accounts$232,859$159,797▼ $73,062
Land, Buildings, and Equipment, Net$107,543$105,577▼ $1,966
Savings and Temporary Cash Investments$62,774$25,296▼ $37,478
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$593,865$546,904▼ $46,961
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$596--
Total Liabilities$596$0▼ $596
Net Assets / Fund Balance
Total Net Assets Fund Balance$593,269$546,904▼ $46,365
Total Liabilities and Net Assets / Fund Balance$593,865$546,904▼ $46,961

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$67,244$9,423$76,667
Land$38,333-$38,333
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Paul BarmaksezianPresidentFT$19,900$19,900
Ani BarmaksezianCFOPT$14,400$14,400

Board Members and Trustees

NameTitle
Herag HaleblianDirector
Lisa HaleblianSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$186,154
Program Service Revenue
$0
Investment Income
$31,680
Other Revenue
$0
All Other Contributions
$186,154
Change in Net Assets
$-46,365
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$218,791
Salaries, Compensation, and Employee Benefits$45,408
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$34,300--$34,300
Other Employee Benefits$8,400--$8,400
Travel$5,929--$5,929
Other Expenses$3,700--$3,700
All Other Expenses$2,876--$2,876
Fees for Services Accounting-$2,799-$2,799
Payroll Taxes$2,708--$2,708
Depreciation Depletion$1,966--$1,966
Total Functional Expenses$261,400$2,799$0$264,199
International Activity

International Summary

Offices
1
Employees
2
Spending
$244,148

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central AmericaVilla EsperanzaCharitable Aid12$244,148
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Paul and Ani Barmaksezian are married. Lisa and Herag Haleblian are married. Lisa Haleblian and Paul Barmakserian are siblings.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The organization requires that meeting discussions be documented in writing, including approved actions by the governing body. This requirement extends to each committee with the authority to act on behalf of the governing body.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Board members review policy at annual meeting.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Compensation requires approval by Board.”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“The organization makes the income tax return available for inspection upon request and approval of the governing body. The books are held in the corporate offices.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organization makes its governing documents, conflicts of interest policy and financial statements available to the public upon request and approval of the governing body. The financial statements and policies are held in the corporate offices.”

Filing and Contact Details

Filer

Filer Name
587 Ministries
EIN
27-3599488
Phone
6263993927
Address
2670 Lambert Dr, Pasadena, CA 91107

Signing Officer

Name
Lisa Haleblian
Title
Secretary
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Barmaksezian
Formed
2010
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
3
Employees
1

Preparer

Firm
Beeson Hoffman & Siddall Inc
Address
500 North Central Ave Suite 325, Glendale, CA 91203
Preparer
Harry Beeson
Phone
8182408322
Raw XML AppendixShowing 400 of 408 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/AllOtherContributionsAmt0186154
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02876
IRS990/AllOtherExpensesGrp/TotalAmt02876
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IRS990/BooksInCareOfDetail/PhoneNum06266837501
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IRS990/CreditCounselingInd0false
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IRS990/Desc0Charitable aid to individuals in Managua, Nicaragua.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
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IRS990/EmployeeCnt01
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IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0161023
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IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02799
IRS990/FeesForServicesAccountingGrp/TotalAmt02799
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
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IRS990/FeesForServicesProfFundraising/TotalAmt00
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IRS990/ForeignActivitiesInd0true
IRS990/ForeignFinancialAccountInd0false
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IRS990/ForeignOfficeInd0true
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IRS990/Form990PartVIISectionAGrp/PersonNm1ANI BARMAKSEZIAN
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IRS990/Form990PartVIISectionAGrp/PersonNm3HERAG HALEBLIAN
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
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IRS990/ProgSrvcAccomActy3Grp/Desc0The Spectrum Works exempt purpose is finding meaningful corporate employment for young adults on the autism spectrum.
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IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt015636
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01115730
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt09423
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt038333
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Central America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Charitable Aid
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Villa Esperanza
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Paul and Ani Barmaksezian are married. Lisa and Herag Haleblian are married. Lisa Haleblian and Paul Barmakserian are siblings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REQUIRES THAT MEETING DISCUSSIONS BE DOCUMENTED IN WRITING, INCLUDING APPROVED ACTIONS BY THE GOVERNING BODY. THIS REQUIREMENT EXTENDS TO EACH COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board members review policy at annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation requires approval by Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES THE INCOME TAX RETURN AVAILABLE FOR INSPECTION UPON REQUEST AND APPROVAL OF THE GOVERNING BODY. THE BOOKS ARE HELD IN THE CORPORATE OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND APPROVAL OF THE GOVERNING BODY. THE FINANCIAL STATEMENTS AND POLICIES ARE HELD IN THE CORPORATE OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LISA HALEBLIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0587 Ministries
ReturnHeader/Filer/BusinessNameControlTxt0587M
ReturnHeader/Filer/EIN0273599488
ReturnHeader/Filer/PhoneNum06263993927
ReturnHeader/Filer/USAddress/AddressLine1Txt02670 Lambert Dr
ReturnHeader/Filer/USAddress/CityNm0Pasadena
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091107
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0953654092
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Beeson Hoffman & Siddall Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0500 North Central Ave Suite 325
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Glendale
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA

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