Civic Intelligence

Aragats Foundation Inc.

990EZ • Fiscal year 2015 • EIN 47-1254570

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 31, 2016

PO Box 3882Ithaca, NY 14852-3882

(607) 216-8637

Siviq Scores

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

Liabilities / Assets

61st percentile

0.00x

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

2015 filings • NTEE A23 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

60th percentile

0.00x

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

2015 filings • NTEE A23 • <$500k nonprofits • Source year 2015

Net Margin

95th percentile

76%

Higher net margin than 95% of similar nonprofits.

2015 filings • NTEE A23 • <$500k nonprofits • Source year 2015

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2015 filings • NTEE A23 • <$500k nonprofits • Source year 2015

Asset Growth

88th percentile

93%

Faster asset growth than 88% of similar nonprofits.

2015 filings • NTEE A23 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

48th percentile

1.8%

Faster revenue growth than 48% of similar nonprofits.

2015 filings • NTEE A23 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$113,432

Up $54,705 (+93%) from 2014

Net Assets

$113,432

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$71,557

Up $1,240 (+1.8%) from 2014

Expenses

Up

$16,852

Up $5,262 (+45%) from 2014

Net Income

Down

$54,705

Down $4,022 (-6.8%) from 2014

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2014: $58,727Liabilities 2014: $02014Assets 2015: $113,432Liabilities 2015: $0Net Assets 2015: $113,4322015Assets 2016: $173,269Liabilities 2016: $0Net Assets 2016: $173,2692016Assets 2017: $180,200Liabilities 2017: $0Net Assets 2017: $180,2002017Assets 2018: $188,024Liabilities 2018: $0Net Assets 2018: $188,0242018Assets 2019: $200,400Liabilities 2019: $1Net Assets 2019: $200,4002019Assets 2020: $207,700Liabilities 2020: $1Net Assets 2020: $207,7002020Assets 2021: $159,639Liabilities 2021: $1Net Assets 2021: $159,6392021Assets 2022: $200,712Liabilities 2022: $1Net Assets 2022: $200,7122022Assets 2023: $219,615Liabilities 2023: $1Net Assets 2023: $219,6152023Assets 2024: $164,267Liabilities 2024: $0Net Assets 2024: $164,2672024

Highlighted filing

2015

Assets$113,432
Liabilities$0
Net Assets$113,432

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2014: $70,317Expenses 2014: $11,590Net Income 2014: $58,7272014Revenue 2015: $71,557Expenses 2015: $16,852Net Income 2015: $54,7052015Revenue 2016: $74,020Expenses 2016: $14,183Net Income 2016: $59,8372016Revenue 2017: $13,912Expenses 2017: $6,981Net Income 2017: $6,9312017Revenue 2018: $14,824Expenses 2018: $7,000Net Income 2018: $7,8242018Revenue 2019: $14,561Expenses 2019: $2,185Net Income 2019: $12,3762019Revenue 2020: $11,586Expenses 2020: $4,286Net Income 2020: $7,3002020Revenue 2021: $77,776Expenses 2021: $125,837Net Income 2021: -$48,0612021Revenue 2022: $63,998Expenses 2022: $22,925Net Income 2022: $41,0732022Revenue 2023: $67,677Expenses 2023: $48,774Net Income 2023: $18,9032023Revenue 2024: $12,550Expenses 2024: $67,898Net Income 2024: -$55,3482024

Highlighted filing

2015

Revenue$71,557
Expenses$16,852
Net Income$54,705
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 31, 2016
Return Version
2015v2.1
Gross Receipts
$93,612
Mission and Program Overview

Mission

The aragats foundation inc. Is dedicated to promoting activites that utilize the unique heritage resources of the mt. Aragats region of armenia to improve communities, enhance education, and preserve the past for future generations.

Program Services

DescriptionGrantsExpenses
HERITAGE PRESERVATION$0$11,932
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ADAM T SMITHDirector And Chairperson-$0--
LORI KHATCHADOURIANDirector And Treasurer-$0--
ELEN AGHEKYANDirector And Secretary-$0--
Filing and Contact Details

Filer

Filer Name
The Aragats Foundation Inc
EIN
47-1254570
Phone
6072168637
Address
PO BOX 3882, ITHACA, NY 14852-3882

Signing Officer

Name
Adam T Smith
Title
Chairperson
Phone
6072168637
Signed
2016-10-31
Discuss with paid preparer
Yes

Preparer

Firm
INSERO & CO CPAs LLP
Address
401 E State Street, Ithaca, NY 14850
Preparer
Debbie Conley Jordan
Phone
6072724444
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

Description: DIVIDEND INCOME. Amount: 612.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: SUPPORTING CONSERVATION OF ARCHAELOGICAL SITES. Grantee Name: ARAGATS CULTURAL HERITAGE FOUNDATION. Grantee Address: MT. Aragats ARMENIA. Property Description: CASH. Date of Gift: Various. Amount Given: 10,432.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: BANK FEES. Amount: 160. Description: CONSULTING FEES. Amount: 3,340. Description: VIDEO PRODUCTION. Amount: 1,500. Description: TRAVEL. Amount: 205. Description: office. Amount: 365. Total to Form 990-EZ, line 16: 5,570.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: OTHER INVESTMENTS. Beg. of Year Amount: 54,207. End of Year Amount: 102,764.

Raw XML Appendix148 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LORI KHATCHADOURIAN
IRS990EZ/BooksInCareOfDetail/PhoneNum06072168637
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 3882
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ITHACA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd014852
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04520
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IRS990EZ/GainOrLossFromSaleOfAssetsAmt0945
IRS990EZ/GrantsAndSimilarAmountsPaidAmt010432
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IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt0612
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0113432
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ADAM T SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LORI KHATCHADOURIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ELEN AGHEKYAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR AND CHAIRPERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR AND TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR AND SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt0102764
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt05570
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE ARAGATS FOUNDATION INC. IS DEDICATED TO PROMOTING ACTIVITES THAT UTILIZE THE UNIQUE HERITAGE RESOURCES OF THE MT. ARAGATS REGION OF ARMENIA TO IMPROVE COMMUNITIES, ENHANCE EDUCATION, AND PRESERVE THE PAST FOR FUTURE GENERATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HERITAGE PRESERVATION
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt011932
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SaleOfAssetsGrossAmt023000
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt011932
IRS990EZ/TotalRevenueAmt071557
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.ARAGATS.ORG
IRS990ScheduleA/First5Years170Ind0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt070100
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt070100
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0140100
IRS990ScheduleA/TotalSupportAmt0141874
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: DIVIDEND INCOME. Amount: 612.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity Classification: SUPPORTING CONSERVATION OF ARCHAELOGICAL SITES. Grantee Name: ARAGATS CULTURAL HERITAGE FOUNDATION. Grantee Address: MT. Aragats ARMENIA. Property Description: CASH. Date of Gift: Various. Amount Given: 10,432.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: BANK FEES. Amount: 160. Description: CONSULTING FEES. Amount: 3,340. Description: VIDEO PRODUCTION. Amount: 1,500. Description: TRAVEL. Amount: 205. Description: office. Amount: 365. Total to Form 990-EZ, line 16: 5,570.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: OTHER INVESTMENTS. Beg. of Year Amount: 54,207. End of Year Amount: 102,764.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 24 - Other Assets
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ADAM T SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRPERSON
ReturnHeader/BusinessOfficerGrp/PhoneNum06072168637
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE ARAGATS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ARAG
ReturnHeader/Filer/EIN0471254570
ReturnHeader/Filer/PhoneNum06072168637
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 3882
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0148523882
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0475324570
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0INSERO & CO CPAs LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0401 E State Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Ithaca
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014850
ReturnHeader/PreparerPersonGrp/PhoneNum06072724444
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Debbie Conley Jordan
ReturnHeader/ReturnTs02016-11-08T10:55:23-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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Filings