Civic Intelligence

Huys Foundation

990EZ • Fiscal year 2023 • EIN 47-3203093

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

Organization ProfileN/A
8605 Santa Monica Blvd 11005West Hollywood, CA 90069

(818) 637-5000

Siviq Scores

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

Liabilities / Assets

75th percentile

0.04x

Higher debt load relative to assets than 75% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

90th percentile

49%

Higher net margin than 90% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Balance Sheet
Liabilities / Assets75th percentile

Assets

$44,814

No earlier filing loaded for comparison.

Net Assets

$42,814

No earlier filing loaded for comparison.

Liabilities

$2,000

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin90th percentile

Revenue

$58,959

No earlier filing loaded for comparison.

Expenses

$30,080

No earlier filing loaded for comparison.

Net Income

$28,879

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$60K$40K$20K$0Assets 2023: $44,814Liabilities 2023: $2,000Net Assets 2023: $42,8142023Assets 2024: $29,168Liabilities 2024: $0Net Assets 2024: $29,1682024

Highlighted filing

2023

Assets$44,814
Liabilities$2,000
Net Assets$42,814
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60K$40K$20K$0-$20KRevenue 2023: $58,959Expenses 2023: $30,080Net Income 2023: $28,8792023Revenue 2024: $41,771Expenses 2024: $55,417Net Income 2024: -$13,6462024

Highlighted filing

2023

Revenue$58,959
Expenses$30,080
Net Income$28,879
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$58,959
Mission and Program Overview

Mission

Supporting students through scholarships in obtaining an excellent education at a globally-ranked top degree program, with an academic and professional commitment to addressing an immediate need, skills shortage, or target area for armenia, for the armenian nation, or for humanity.

Program Services

DescriptionGrantsExpenses
FOR THE 2023-2024 ACADEMIC YEAR, 10 SCHOLARS RECEIVED A HUYS SCHOLARSHIP. THEY ARE STUDYING AT GLOBALLY LEADING ACADEMIC PROGRAMS IN FIELDS SPANNING STEM AND HUMANITIES, INCLUDING DATA SCIENCE, PUBLIC HEALTH, DESIGN STUDIES, MECHANICAL ENGINEERING, SOCIAL JUSTICE, POLITICAL SCIENCE AND PUBLIC ADMINISTRATION, LEARNING DESIGN, AND RELIGION. THEIR COMMITMENT TO SOLVING SOME OF THE TOUGHEST PROBLEMS FACED BY ARMENIA, THE ARMENIAN NATION, AND HUMANITY IS ENCAPSULATED IN THEIR COMMITMENTLETTERS WHICH ARE AVAILABLE ONLINE ON OUR WEBSITE.$26,000$30,080
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANAHIT SARGSYANDirector-$0--
ANNA SRAPIONYANDirector-$0--
GRISHA KHACHATRYANDirector-$0--
STEPAN KHZRTIANDirector-$0--
VARTAN BEZHANYANDirector-$0--
VITALI AVAGYANDirector-$0--
STEPAN KHZRTIANPresident-$0--
VITALI AVAGYANSecretary-$0--
GRISHA KHACHATRYANChief Financial Officer-$0--
Filing and Contact Details

Filer

Filer Name
Huys Foundation
EIN
47-3203093
Phone
8186375000
Address
8605 SANTA MONICA BLVD 11005, WEST HOLLYWOOD, CA 90069

Signing Officer

Name
Stepan Khzrtian
Title
President
Phone
8186375000
Signed
2024-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Hutchinson and Bloodgood Llp
Address
550 N BRAND BLVD 14TH FLOOR, GLENDALE, CA 91203
Preparer
Gerard M Mekhsian CPA
Phone
8186375000
Supplemental Narrative

Additional Explanations

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

“Activity classification: scholarship. Grantee name: various. Date of gift: 12/31/23. Amount given: 26,000.”

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

“Description: bank charges. Amount: 3,284. Description: marketing. Amount: 103. Description: taxes and licenses. Amount: 439. Description: paypal fees. Amount: 254. Total to form 990-ez, line 16: 4,080.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: other liabilities. Beg. Of year amount: 2,000. End of year amount: 2,000.”

Raw XML Appendix179 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ANAHIT SARGSYAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANNA SRAPIONYAN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3STEPAN KHZRTIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4VARTAN BEZHANYAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5VITALI AVAGYAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6STEPAN KHZRTIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7VITALI AVAGYAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8GRISHA KHACHATRYAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8CHIEF FINANCIAL OFFICER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt04080
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0SUPPORTING STUDENTS THROUGH SCHOLARSHIPS IN OBTAINING AN EXCELLENT EDUCATION AT A GLOBALLY-RANKED TOP DEGREE PROGRAM, WITH AN ACADEMIC AND PROFESSIONAL COMMITMENT TO ADDRESSING AN IMMEDIATE NEED, SKILLS SHORTAGE, OR TARGET AREA FOR ARMENIA, FOR THE ARMENIAN NATION, OR FOR HUMANITY.
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: VARIOUS. DATE OF GIFT: 12/31/23. AMOUNT GIVEN: 26,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK CHARGES. AMOUNT: 3,284. DESCRIPTION: MARKETING. AMOUNT: 103. DESCRIPTION: TAXES AND LICENSES. AMOUNT: 439. DESCRIPTION: PAYPAL FEES. AMOUNT: 254. TOTAL TO FORM 990-EZ, LINE 16: 4,080.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OTHER LIABILITIES. BEG. OF YEAR AMOUNT: 2,000. END OF YEAR AMOUNT: 2,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
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/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPAN KHZRTIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08186375000
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HUYS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HUYS
ReturnHeader/Filer/EIN0473203093
ReturnHeader/Filer/PhoneNum08186375000
ReturnHeader/Filer/USAddress/AddressLine1Txt08605 SANTA MONICA BLVD 11005
ReturnHeader/Filer/USAddress/CityNm0WEST HOLLYWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090069
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0950858589
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HUTCHINSON AND BLOODGOOD LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0550 N BRAND BLVD 14TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLENDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091203
ReturnHeader/PreparerPersonGrp/PhoneNum08186375000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GERARD M MEKHSIAN CPA
ReturnHeader/ReturnTs02024-11-15T16:46:28-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$44,814
Liabilities
$2,000
Net assets
$42,814
Revenue
$58,959
Expenses
$30,080
Net income
$28,879
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$29.2$0.00$29.2$41.8$55.4$13.6
2023Detailed filing. Detailed filing data is available for this year.$44.8$2.00$42.8$59.0$30.1$28.9