Civic Intelligence

Aragats Foundation Inc.

990EZ • Fiscal year 2017 • EIN 47-1254570

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 29, 2018

Organization ProfileWWW.ARAGATS.ORG
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.

2017 filings • NTEE A23 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

62nd percentile

0.00x

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

2017 filings • NTEE A23 • <$500k nonprofits • Source year 2017

Net Margin

92nd percentile

50%

Higher net margin than 92% of similar nonprofits.

2017 filings • NTEE A23 • <$500k nonprofits • Source year 2017

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2017 filings • NTEE A23 • <$500k nonprofits • Source year 2017

Asset Growth

53rd percentile

4.0%

Faster asset growth than 53% of similar nonprofits.

2017 filings • NTEE A23 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

5th percentile

-81%

Faster revenue growth than 5% of similar nonprofits.

2017 filings • NTEE A23 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$180,200

Up $6,931 (+4.0%) from 2016

Net Assets

Up

$180,200

Up $6,931 (+4.0%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin92nd percentile

Revenue

Down

$13,912

Down $60,108 (-81%) from 2016

Expenses

Down

$6,981

Down $7,202 (-51%) from 2016

Net Income

Down

$6,931

Down $52,906 (-88%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth53rd percentile

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

2017

Assets$180,200
Liabilities$0
Net Assets$180,200
Open 2017 Filing

Operations Trend

Revenue Growth5th percentile

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

2017

Revenue$13,912
Expenses$6,981
Net Income$6,931
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 29, 2018
Return Version
2017v2.3
Gross Receipts
$17,319
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
ARCHAEOLOGICAL PRESERVATION IN THE MT ARAGATS REGION THROUGH GRANTS TO THE ARAGATS CULTURAL HERITAGE FOUNDATION.$0$3,528
Compensation and Service Providers
Top Officer Pay86th percentile

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
2018-10-29
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: 684. Description: dividend income. Amount: 3,331. Total included on form 990-ez, line 4: 4,015.”

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

“Activity classification: supporting conservation of archaeological sites. Grantee name: aragats cultural heritage foundation. Grantee address: mt. Aragats armenia. Property description: cash. Date of gift: various. Amount given: 3,528.”

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

“Description: bank fees. Amount: 160. Description: office. Amount: 90. Description: nys tax. Amount: 75. Description: website. Amount: 209. Description: supplies. Amount: 206. Description: architectural plans. Amount: 1,068. Description: translator. Amount: 345. Description: travel. Amount: 1,246. Description: miscellaneous. Amount: 54. Total to form 990-ez, line 16: 3,453.”

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

“Description: other investments. Beg. Of year amount: 166,782. End of year amount: 175,687.”

Raw XML Appendix150 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/BOYAmt06487
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04513
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt03407
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt06931
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0173269
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0180200
IRS990EZ/GainOrLossFromSaleOfAssetsAmt09897
IRS990EZ/GrantsAndSimilarAmountsPaidAmt03528
IRS990EZ/GrossReceiptsAmt017319
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt04015
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0173269
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0180200
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0173269
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0180200
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
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0166782
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0175687
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt03453
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/DescriptionProgramSrvcAccomTxt0ARCHAEOLOGICAL PRESERVATION IN THE MT ARAGATS REGION THROUGH GRANTS TO THE ARAGATS CULTURAL HERITAGE FOUNDATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03528
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SaleOfAssetsGrossAmt013304
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt06981
IRS990EZ/TotalProgramServiceExpensesAmt03528
IRS990EZ/TotalRevenueAmt013912
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.ARAGATS.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt065000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt070000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt070100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0205100
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04015
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02562
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01557
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0217
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt08351
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt04269
IRS990ScheduleA/SubstantialContributorsTotAmt0200831
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt065000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt070000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt070100
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0205100
IRS990ScheduleA/TotalSupportAmt0213451
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DIVIDEND INCOME. AMOUNT: 684. DESCRIPTION: DIVIDEND INCOME. AMOUNT: 3,331. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 4,015.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: SUPPORTING CONSERVATION OF ARCHAEOLOGICAL SITES. GRANTEE NAME: ARAGATS CULTURAL HERITAGE FOUNDATION. GRANTEE ADDRESS: MT. ARAGATS ARMENIA. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 3,528.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: BANK FEES. AMOUNT: 160. DESCRIPTION: OFFICE. AMOUNT: 90. DESCRIPTION: NYS TAX. AMOUNT: 75. DESCRIPTION: WEBSITE. AMOUNT: 209. DESCRIPTION: SUPPLIES. AMOUNT: 206. DESCRIPTION: ARCHITECTURAL PLANS. AMOUNT: 1,068. DESCRIPTION: TRANSLATOR. AMOUNT: 345. DESCRIPTION: TRAVEL. AMOUNT: 1,246. DESCRIPTION: MISCELLANEOUS. AMOUNT: 54. TOTAL TO FORM 990-EZ, LINE 16: 3,453.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: OTHER INVESTMENTS. BEG. OF YEAR AMOUNT: 166,782. END OF YEAR AMOUNT: 175,687.
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/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ADAM T SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRPERSON
ReturnHeader/BusinessOfficerGrp/PhoneNum06072168637
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE ARAGATS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ARAG
ReturnHeader/Filer/EIN0471254570
ReturnHeader/Filer/PhoneNum06072168637
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 3882
ReturnHeader/Filer/USAddress/CityNm0ITHACA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0148523882
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId073D0848955DDC41674B65D4F2E5B12AD418FAFAF
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.159.211.134
ReturnHeader/FilingSecurityInformation/IPDt02018-10-29
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm013:46:06
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/ReturnTs02018-10-30T11:35:55-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$180,200
Liabilities
$0
Net assets
$180,200
Revenue
$13,912
Expenses
$6,981
Net income
$6,931
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.64$0.00$1.64$0.13$0.68$0.55
2023Detailed filing. Detailed filing data is available for this year.$2.20$0.00$2.20$0.68$0.49$0.19
2022Detailed filing. Detailed filing data is available for this year.$2.01$0.00$2.01$0.64$0.23$0.41
2021Detailed filing. Detailed filing data is available for this year.$1.60$0.00$1.60$0.78$1.26$0.48
2020Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$0.12$0.04$0.07
2019Detailed filing. Detailed filing data is available for this year.$2.00$0.00$2.00$0.15$0.02$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.88$0.15$0.07$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.80$0.00$1.80$0.14$0.07$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.73$0.00$1.73$0.74$0.14$0.60
2015Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.72$0.17$0.55
2014Summary only. Only limited summary data is available for this year.$0.59$0.00$0.70$0.12$0.59
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • NTEE A23 • <$500k nonprofits