Civic Intelligence

House of Armenia

EIN 45-2745765 • 501(c)3 • Tarzana, CA

Pub. 78 Eligible990-N Coverage

Profile

To raise awareness about armenians by organizing cultural events to propagate armenian culture, heritage and values.

18980 Ventura Blvd Rm/Ste 200Tarzana, CA 91356
Siviq Scores

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

Liabilities / Assets

45th percentile

0.04x

Higher debt load relative to assets than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2021

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

33rd percentile

-1.9%

Faster asset growth than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets45th percentile

Assets

Down

$2,301,954

Down $45,551 (-1.9%) from 2020

Liabilities

Flat

$100,000

Flat from 2020

Net Assets

Down

$2,201,954

Down $45,551 (-2.0%) from 2020

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2020

Expenses

Down

$45,551

Down $1,454 (-3.1%) from 2020

Net Income

Up

-$45,551

Up $1,454 (+3.1%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth33rd percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $35,786Liabilities 2011: $02011Assets 2012: $1,156,727Liabilities 2012: $0Net Assets 2012: $1,156,7272012Assets 2013: $1,267,907Liabilities 2013: $0Net Assets 2013: $1,267,9072013Assets 2014: $2,451,682Liabilities 2014: $1,229,444Net Assets 2014: $1,222,2382014Assets 2015: $2,409,377Liabilities 2015: $1,199,228Net Assets 2015: $1,210,1492015Assets 2016: $2,393,038Liabilities 2016: $100,000Net Assets 2016: $2,293,0382016Assets 2017: $2,362,655Liabilities 2017: $100,000Net Assets 2017: $2,262,6552017Assets 2018: $2,326,662Liabilities 2018: $100,000Net Assets 2018: $2,226,6622018Assets 2019: $2,394,510Liabilities 2019: $100,000Net Assets 2019: $2,294,5102019Assets 2020: $2,347,505Liabilities 2020: $100,000Net Assets 2020: $2,247,5052020Assets 2021: $2,301,954Liabilities 2021: $100,000Net Assets 2021: $2,201,9542021

Highlighted filing

2021

Assets$2,301,954
Liabilities$100,000
Net Assets$2,201,954
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $36,775Expenses 2011: $989Net Income 2011: $35,7862011Expenses 2012: $47,7372012Revenue 2013: $210,109Expenses 2013: $98,929Net Income 2013: $111,1802013Revenue 2014: $55,041Expenses 2014: $100,710Net Income 2014: -$45,6692014Revenue 2015: $97,553Expenses 2015: $109,642Net Income 2015: -$12,0892015Revenue 2016: $1,148,615Expenses 2016: $65,726Net Income 2016: $1,082,8892016Revenue 2017: $18,050Expenses 2017: $48,433Net Income 2017: -$30,3832017Revenue 2018: $43,500Expenses 2018: $79,493Net Income 2018: -$35,9932018Revenue 2019: $246,675Expenses 2019: $178,827Net Income 2019: $67,8482019Revenue 2020: $0Expenses 2020: $47,005Net Income 2020: -$47,0052020Revenue 2021: $0Expenses 2021: $45,551Net Income 2021: -$45,5512021

Highlighted filing

2021

Revenue$0
Expenses$45,551
Net Income-$45,551
Open 2021 Filing

Filings

Most recent year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,301,954
Liabilities
$100,000
Net assets
$2,201,954
Revenue
$0
Expenses
$45,551
Net income
-$45,551
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$2.30$0.10$2.20$0.00$0.05$0.05
2020Detailed filing. Detailed filing data is available for this year.$2.35$0.10$2.25$0.00$0.05$0.05
2019Detailed filing. Detailed filing data is available for this year.$2.39$0.10$2.29$0.25$0.18$0.07
2018Detailed filing. Detailed filing data is available for this year.$2.33$0.10$2.23$0.04$0.08$0.04
2017Detailed filing. Detailed filing data is available for this year.$2.36$0.10$2.26$0.02$0.05$0.03
2016Detailed filing. Detailed filing data is available for this year.$2.39$0.10$2.29$1.15$0.07$1.08
2015Detailed filing. Detailed filing data is available for this year.$2.41$1.20$1.21$0.10$0.11$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.45$1.23$1.22$0.06$0.10$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.21$0.10$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.00$1.16$0.05
2011Summary only. Only limited summary data is available for this year.$0.04$0.00$0.04$0.00$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 26, 2022
Return Version
2021v4.0
Gross Receipts
$0
Mission and Program Overview

Mission

To raise awareness about armenians by organizing cultural events to propagate armenian culture, heritage and values.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,313,180$2,279,594▼ $33,586
Rtn Earn Endowment Incm Other Fnds$2,247,505$2,201,954▼ $45,551
Cash and Non-Interest-Bearing Accounts$34,325$22,360▼ $11,965
Total Assets$2,347,505$2,301,954▼ $45,551
Liabilities
Other Liabilities$100,000$100,000→ $0
Total Liabilities$100,000$100,000→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,247,505$2,201,954▼ $45,551
Total Liabilities and Net Assets / Fund Balance$2,347,505$2,301,954▼ $45,551

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,382,697-$1,382,697
Other Land Buildings$896,897$229,648$1,126,545
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Sinan SinanianPresident
Bedros OruncakcielAdvisor
Joseph KanimianSecretary
Charley GhailianTreasurer
Vahe YacoubianVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-45,551
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$45,551
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
Depreciation Depletion$33,413$173-$33,586
Insurance-$6,879-$6,879
Occupancy-$3,005-$3,005
Office Expenses-$2,081-$2,081
Total Functional Expenses$33,413$12,138$0$45,551
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Payable - Other$100,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
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

“Form 990 is reviewed at the board meeting. Minutes of the meeting of the board are documented.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available to the public upon written request sent to the address of record.”

Filing and Contact Details

Filer

Filer Name
House of Armenia
EIN
45-2745765
Address
18980 VENTURA BLVD RM/STE 200, TARZANA, CA 91356

Signing Officer

Name
Sinan Sinanian
Title
President
Signed
2022-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sinan Sinanian
Formed
2011
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Bedig Araradian CPA
Address
700 N CENTRAL AVENUE SUITE 310, GLENDALE, CA 91203-4237
Preparer
Bedig Araradian
Phone
8185473474
Supplemental Narrative

Additional Explanations

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

“To raise awareness about armenians by organizing cultural events to propagate armenian culture, heritage and values.”

Raw XML Appendix275 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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IRS990/NoListedPersonsCompensatedInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED AT THE BOARD MEETING. MINUTES OF THE MEETING OF THE BOARD ARE DOCUMENTED.
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BEDIG ARARADIAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-11-10T14:51:57-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SINAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SINANIAN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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