Civic Intelligence

Haigazian University Support Fund Inc

EIN 47-4764476 • 501(c)3 • Paramus, NJ

Profile

The organization provides united states based fundraising and financial support for the use and benefit of its supported organization, haigazian university, inc., primarily through fundraising targeted to alumni, friends and supporters of haigazian university, inc., and other members of the general public.

C/O Amaa 31 West Century RoadParamus, NJ 07652-1409

n/A

Siviq Scores

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

Liabilities / Assets

75th percentile

0.06x

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

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

Liabilities / Revenue

76th percentile

0.03x

Higher debt load relative to revenue than 76% of similar nonprofits.

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

Net Margin

16th percentile

-39%

Higher net margin than 16% of similar nonprofits.

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

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

21st percentile

-39%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

31st percentile

-21%

Faster revenue growth than 31% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$187,475

Down $119,349 (-39%) from 2022

Liabilities

Flat

$10,585

Flat from 2022

Net Assets

Down

$176,890

Down $119,349 (-40%) from 2022

Operations
Liabilities / Revenue76th percentileNet Margin16th percentile

Revenue

Down

$306,828

Down $81,034 (-21%) from 2022

Expenses

Up

$426,177

Up $89,863 (+27%) from 2022

Net Income

Down

-$119,349

Down $170,897 (-332%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

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

$400K$300K$200K$100K$0-$100KAssets 2015: $31,996Liabilities 2015: $10,5852015Assets 2016: $7,574Liabilities 2016: $10,585Net Assets 2016: -$3,0112016Assets 2017: $11,729Liabilities 2017: $10,585Net Assets 2017: $1,1442017Assets 2018: $2,409Liabilities 2018: $10,585Net Assets 2018: -$8,1762018Assets 2019: $47,187Liabilities 2019: $10,585Net Assets 2019: $36,6022019Assets 2020: $183,570Liabilities 2020: $10,585Net Assets 2020: $172,9852020Assets 2021: $255,276Liabilities 2021: $10,585Net Assets 2021: $244,6912021Assets 2022: $306,824Liabilities 2022: $10,585Net Assets 2022: $296,2392022Assets 2023: $187,475Liabilities 2023: $10,585Net Assets 2023: $176,8902023

Highlighted filing

2023

Assets$187,475
Liabilities$10,585
Net Assets$176,890
Open 2023 Filing

Operations Trend

Revenue Growth31st percentile

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

$600K$400K$200K$0-$200KRevenue 2015: $25,228Expenses 2015: $3,817Net Income 2015: $21,4112015Revenue 2016: $72,265Expenses 2016: $96,687Net Income 2016: -$24,4222016Revenue 2017: $65,742Expenses 2017: $61,587Net Income 2017: $4,1552017Revenue 2018: $39,099Expenses 2018: $48,419Net Income 2018: -$9,3202018Revenue 2019: $169,154Expenses 2019: $124,376Net Income 2019: $44,7782019Revenue 2020: $405,390Expenses 2020: $269,006Net Income 2020: $136,3842020Revenue 2021: $157,185Expenses 2021: $85,479Net Income 2021: $71,7062021Revenue 2022: $387,862Expenses 2022: $336,314Net Income 2022: $51,5482022Revenue 2023: $306,828Expenses 2023: $426,177Net Income 2023: -$119,3492023

Highlighted filing

2023

Revenue$306,828
Expenses$426,177
Net Income-$119,349
Open 2023 Filing

Filings

Most recent year

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

Open filing
Assets
$187,475
Liabilities
$10,585
Net assets
$176,890
Revenue
$306,828
Expenses
$426,177
Net income
-$119,349
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.87$0.11$1.77$3.07$4.26$1.19
2022Detailed filing. Detailed filing data is available for this year.$3.07$0.11$2.96$3.88$3.36$0.52
2021Detailed filing. Detailed filing data is available for this year.$2.55$0.11$2.45$1.57$0.85$0.72
2020Detailed filing. Detailed filing data is available for this year.$1.84$0.11$1.73$4.05$2.69$1.36
2019Detailed filing. Detailed filing data is available for this year.$0.47$0.11$0.37$1.69$1.24$0.45
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.11$0.08$0.39$0.48$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.12$0.11$0.01$0.66$0.62$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.08$0.11$0.03$0.72$0.97$0.24
2015Summary only. Only limited summary data is available for this year.$0.32$0.11$0.25$0.04$0.21
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$306,828
Mission and Program Overview

Mission

The organization provides united states based fund raising and financial support for the use and benefit of its supported organization, haigazian university, inc., primarily through fund raising targeted to alumni, friends and supporters of haigazian university, inc., and other members of the general public.

To provide united states based fundraising and financial support for its supported organization

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$306,824$187,475▼ $119,349
Rtn Earn Endowment Incm Other Fnds$296,239$176,890▼ $119,349
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$306,824$187,475▼ $119,349
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$10,585$10,585→ $0
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$10,585$10,585→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$296,239$176,890▼ $119,349
Total Liabilities and Net Assets / Fund Balance$306,824$187,475▼ $119,349
Compensation and Service Providers
Top Officer Pay84th percentile

Board Members and Trustees

NameTitle
Hasmig Baran EddPresident & Director
Ani Darakjian MdDirector
Christina SegelDirector
Gary PhillipsDirector
Hrag Marganian MdDirector
Joyce SteinDirector
Kevin MatossianDirector
Mary Papazian PhdDirector
Michael LandesDirector
Nazareth Darakjian MdDirector
Serge BuchakjianDirector
Vicken AharonianDirector
Zaven KhanjianDirector
Vahram Shemmassian MdSecretary & Director
Robert KurkjianTreasurer & Director
Revenue and Support

Revenue Composition

Contributions and Grants
$306,828
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$306,828
Change in Net Assets
$-119,349
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$397,871
Other Expenses$28,306
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$397,871--$397,871
Other Expenses-$18,000$0$18,000
Fees for Services Accounting-$9,034-$9,034
Fees for Services Legal-$75-$75
Total Functional Expenses$397,871$28,306$0$426,177
International Activity

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
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$10,585
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
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

Disclosure - Part VI Section B Ln 11B

“The husf cfo has circulated the draft irs 990 (2023) to the husf board officers, for their review and corrections, if any, before the document is sent. The husf cfo will document that the draft review has been performed.”

Filing and Contact Details

Filer

Filer Name
Haigazian University Support Fund Inc
EIN
47-4764476
In Care Of
% ROBERT KURKJIAN
Phone
2012652607
Address
C/O AMAA 31 WEST CENTURY ROAD, PARAMUS, NJ 07652-1409

Signing Officer

Name
Hasmig Baran
Title
President
Phone
8189379840
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hasmig Baran
Formed
2015
Legal Domicile
CA
Voting Board Members
15
Independent Board Members
0
Employees
0

Preparer

Firm
Holthouse Carlin & Van Trigt Llp
Address
100 OCEANGATE 9th Floor, LONG BEACH, CA 90802
Preparer
Stacy Yamanishi
Phone
5625909535
Supplemental Narrative

Additional Explanations

Disclosure

“Form 990, part vi, section c, line 19: the organization's governing documents, conflict of interest policy and financial statements may be inspected at the organization's registered address listed on the front page of this return by written request addressed to any of the organization's officers at the address listed on the front page of this return.”

Raw XML AppendixShowing 400 of 507 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/Form990PartVIISectionAGrp/TitleTxt1TREASURER & DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/MissionDesc0THE ORGANIZATION PROVIDES UNITED STATES BASED FUNDRAISING AND FINANCIAL SUPPORT FOR THE USE AND BENEFIT OF ITS SUPPORTED ORGANIZATION, HAIGAZIAN UNIVERSITY, INC., PRIMARILY THROUGH FUNDRAISING TARGETED TO ALUMNI, FRIENDS AND SUPPORTERS OF HAIGAZIAN UNIVERSITY, INC., AND OTHER MEMBERS OF THE GENERAL PUBLIC.
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0HAIGAZIAN UNIVERSITY INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1HAIGAZIAN UNIVERISTY INC - ENDOWMENT AT AMAA
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