Civic Intelligence

Lusine Zakarian Foundation

EIN 81-1904231 • 501(c)3 • Pasadena, CA

Profile

To preserve the legacy of talented singer Lucine Zakarian

333 North Hill Ave STE 101Pasadena, CA 91106
Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

86th percentile

40%

Higher net margin than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

61st percentile

4.1%

Faster asset growth than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

70th percentile

17%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$1,770

Up $70 (+4.1%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,770

Up $70 (+4.1%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin86th percentile

Revenue

Up

$175

Up $25 (+17%) from 2023

Expenses

Up

$105

Up $5 (+5.0%) from 2023

Net Income

Up

$70

Up $20 (+40%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth61st percentile

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

$2.0K$1.5K$1.0K$500$0Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $1,400Liabilities 2017: $0Net Assets 2017: $1,4002017Assets 2018: $1,400Liabilities 2018: $0Net Assets 2018: $1,4002018Assets 2019: $1,400Liabilities 2019: $0Net Assets 2019: $1,4002019Assets 2020: $1,400Liabilities 2020: $0Net Assets 2020: $1,4002020Assets 2021: $1,400Liabilities 2021: $0Net Assets 2021: $1,4002021Assets 2022: $1,650Liabilities 2022: $0Net Assets 2022: $1,6502022Assets 2023: $1,700Liabilities 2023: $0Net Assets 2023: $1,7002023Assets 2024: $1,770Liabilities 2024: $0Net Assets 2024: $1,7702024

Highlighted filing

2024

Assets$1,770
Liabilities$0
Net Assets$1,770
Open 2024 Filing

Operations Trend

Revenue Growth70th percentile

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

$15K$10K$5.0K$0Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $13,500Expenses 2017: $12,100Net Income 2017: $1,4002017Revenue 2018: $12,500Expenses 2018: $12,500Net Income 2018: $02018Revenue 2019: $100Expenses 2019: $100Net Income 2019: $02019Revenue 2020: $100Expenses 2020: $100Net Income 2020: $02020Revenue 2021: $100Expenses 2021: $100Net Income 2021: $02021Revenue 2022: $350Expenses 2022: $100Net Income 2022: $2502022Revenue 2023: $150Expenses 2023: $100Net Income 2023: $502023Revenue 2024: $175Expenses 2024: $105Net Income 2024: $702024

Highlighted filing

2024

Revenue$175
Expenses$105
Net Income$70
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,770
Liabilities
$0
Net assets
$1,770
Revenue
$175
Expenses
$105
Net income
$70
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$0.18$0.11$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.70$0.00$1.70$0.15$0.10$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.65$0.00$1.65$0.35$0.10$0.25
2021Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$0.10$0.10$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$0.10$0.10$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$0.10$0.10$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$12.5$12.5$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$13.5$12.1$1.40
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 15, 2025
Return Version
2024v5.1
Gross Receipts
$175
Mission and Program Overview

Mission

To preserve the legacy of talented singer Lucine Zakarian

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,700$1,770▲ $70
Rtn Earn Endowment Incm Other Fnds$1,700$1,770▲ $70
Total Assets$1,700$1,770▲ $70
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,700$1,770▲ $70
Total Liabilities and Net Assets / Fund Balance$1,700$1,770▲ $70
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Raffi BalianExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$175
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$175
Change in Net Assets
$70
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$105
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
Conferences and Meetings$105--$105
Total Functional Expenses$105$0$0$105
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
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

Form 990 governing body review Part VI line 11

“The organization will make available its governing documents, conflict of interest policy and or financial statements upon request”

Governing documents etc available to public Part VI line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Lusine Zakarian Foundation
EIN
81-1904231
In Care Of
% Raffi Balian
Phone
6264499911
Address
333 North Hill Ave STE 101, Pasadena, CA 91106

Signing Officer

Name
Raffi Balian
Title
Executive Director
Phone
6264499911
Signed
2025-04-15
Discuss with paid preparer
No

Organization Details

Principal Officer
Raffi Balian
Formed
2016
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Ara Kassabian CPA A Professional Co
Address
3639 Foothill Blvd Suite 203, La Crescenta, CA 91214
Preparer
Ara Kassabian
Phone
8188419000
Raw XML Appendix233 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To preserve the legacy of talented singer Lucine Zakarian
IRS990/AllOtherContributionsAmt0175
IRS990/BooksInCareOfDetail/PersonNm0Raffi Balian
IRS990/BooksInCareOfDetail/PhoneNum06264499911
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0333 North Hill Ave Ste 101
IRS990/BooksInCareOfDetail/USAddress/CityNm0Pasadena
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd091106
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01700
IRS990/CashNonInterestBearingGrp/EOYAmt01770
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0105
IRS990/ConferencesMeetingsGrp/TotalAmt0105
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0175
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0105
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt070
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0105
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0175
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0Cultural event and development of museum
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0105
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0Raffi Balian
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0175
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To preserve the legacy of talented singer Lucine Zakarian
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01700
IRS990/NetAssetsOrFundBalancesEOYAmt01770
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Raffi Balian
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0150
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0100
IRS990/PYRevenuesLessExpensesAmt050
IRS990/PYTotalExpensesAmt0100
IRS990/PYTotalRevenueAmt0150
IRS990/ReconcilationRevenueExpnssAmt070
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01700
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01770
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0175
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0875
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0875
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0175
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0100
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0875
IRS990ScheduleA/TotalSupportAmt0875
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization will make available its governing documents, conflict of interest policy and or financial statements upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01700
IRS990/TotalAssetsEOYAmt01770
IRS990/TotalAssetsGrp/BOYAmt01700
IRS990/TotalAssetsGrp/EOYAmt01770
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0175
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0105
IRS990/TotalFunctionalExpensesGrp/TotalAmt0105
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01700
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01770
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0105
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0175
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01700
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01770
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0333 North Hill Ave Ste 101
IRS990/USAddress/CityNm0Pasadena
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd091106
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0RAFFI BALIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum06264499911
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Lusine Zakarian Foundation
ReturnHeader/Filer/BusinessNameControlTxt0LUSI
ReturnHeader/Filer/EIN0811904231
ReturnHeader/Filer/InCareOfNm0% Raffi Balian
ReturnHeader/Filer/PhoneNum06264499911
ReturnHeader/Filer/USAddress/AddressLine1Txt0333 North Hill Ave STE 101
ReturnHeader/Filer/USAddress/CityNm0Pasadena
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091106
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454437825
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ara Kassabian CPA A Professional Co
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03639 Foothill Blvd Suite 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0La Crescenta
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091214
ReturnHeader/PreparerPersonGrp/PhoneNum08188419000
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ARA KASSABIAN
ReturnHeader/ReturnTs02025-05-17T18:19:54-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.