Civic Intelligence

Creative Armenia

990 • Fiscal year 2018 • EIN 81-2439399

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 12, 2019

101 Groverton PlaceLos Angeles, CA 90077

(310) 933-1034

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

61st percentile

0.00x

Higher debt load relative to revenue than 61% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

91st percentile

47%

Higher net margin than 91% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

97th percentile

$75,625

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 16.2% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

96th percentile

307%

Faster asset growth than 96% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

82nd percentile

39%

Faster revenue growth than 82% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$290,159

Up $218,789 (+307%) from 2017

Net Assets

Up

$287,998

Up $218,689 (+316%) from 2017

Liabilities

Up

$2,161

Up $100 (+4.9%) from 2017

Revenue

Up

$467,284

Up $131,924 (+39%) from 2017

Expenses

Down

$248,595

Down $17,456 (-6.6%) from 2017

Net Income

Up

$218,689

Up $149,380 (+216%) from 2017

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2017: $71,370Liabilities 2017: $2,061Net Assets 2017: $69,3092017Assets 2018: $290,159Liabilities 2018: $2,161Net Assets 2018: $287,9982018Assets 2019: $326,521Liabilities 2019: $2,146Net Assets 2019: $324,3752019Assets 2020: $330,317Liabilities 2020: $2,133Net Assets 2020: $328,1842020Assets 2021: $356,973Liabilities 2021: $2,623Net Assets 2021: $354,3502021Assets 2022: $309,256Liabilities 2022: $2,592Net Assets 2022: $306,6642022Assets 2023: $103,564Liabilities 2023: $2,527Net Assets 2023: $101,0372023Assets 2024: $49,343Liabilities 2024: $0Net Assets 2024: $49,3432024

Highlighted filing

2018

Assets$290,159
Liabilities$2,161
Net Assets$287,998

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $335,360Expenses 2017: $266,051Net Income 2017: $69,3092017Revenue 2018: $467,284Expenses 2018: $248,595Net Income 2018: $218,6892018Revenue 2019: $549,068Expenses 2019: $512,691Net Income 2019: $36,3772019Revenue 2020: $252,905Expenses 2020: $249,096Net Income 2020: $3,8092020Revenue 2021: $720,785Expenses 2021: $694,009Net Income 2021: $26,7762021Revenue 2022: $211,626Expenses 2022: $259,312Net Income 2022: -$47,6862022Revenue 2023: $66,681Expenses 2023: $272,308Net Income 2023: -$205,6272023Revenue 2024: $82,461Expenses 2024: $134,155Net Income 2024: -$51,6942024

Highlighted filing

2018

Revenue$467,284
Expenses$248,595
Net Income$218,689
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 12, 2019
Return Version
2018v3.1
Gross Receipts
$467,284
Mission and Program Overview

Mission

Creative armenia is a public charity on a mandate to discover, develop, and promote creative talent across the arts. It does so with a special focus on armenian culture and through a variety of programs including, creative challenges, production support, artist promotion, and fellowships.

Creative armenia supports creative artists and serves to encourage and develop emerging talent in film, music, and across all arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$71,370$290,159▲ $218,789
Rtn Earn Endowment Incm Other Fnds$69,309$287,998▲ $218,689
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$71,370$290,159▲ $218,789
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$2,061$2,161▲ $100
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$2,061$2,161▲ $100
Net Assets / Fund Balance
Total Net Assets Fund Balance$69,309$287,998▲ $218,689
Total Liabilities and Net Assets / Fund Balance$71,370$290,159▲ $218,789
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Garin HovannisianChairman / PresidentFT$75,625$75,625

Board Members and Trustees

NameTitle
Mark StefanosVice President
Hakop BarseghianSecretary / CFO
Revenue and Support

Revenue Composition

Contributions and Grants
$52,593
Program Service Revenue
$414,691
Investment Income
$0
Other Revenue
$0
All Other Contributions
$52,593
Change in Net Assets
$218,689
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$98,139
Salaries, Compensation, and Employee Benefits$81,656
Grants and Similar Amounts Paid$68,800
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$56,719$18,906-$75,625
Foreign Grants$67,300--$67,300
Occupancy$15,278--$15,278
Travel$13,614--$13,614
Fees for Services Accounting-$9,739-$9,739
Office Expenses$5,700$3,401-$9,101
Information Technology$8,534$64-$8,598
Advertising$7,742$275-$8,017
Payroll Taxes$4,523$1,508-$6,031
Grants to Domestic Individuals$1,500--$1,500
Fees for Services Other$1,050--$1,050
Other Expenses$334$20-$20
Total Functional Expenses$212,514$36,081$0$248,595
International Activity

International Summary

Spending
$67,300

International Compliance

Foreign grant records maintained
Yes
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

International Activities

RegionActivityServicesOfficesEmployeesSpending
Russia and the Newly Independent StatesGrantmakingHigher Education--$64,800
North AmericaGrantmakingHigher Education--$2,500
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
Payroll Liabilities$2,161
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section B, Line 11

Form 990 is first reviewed by the chief financial officer. After the review, form 990 is then presernted to the board at a meeting to seek any input. After having received feedback from the board, the chief financial officer then consults with the chief executive officer, accountant and bookkeeper to make any necessary changes. Once this process is complete, the board votes by majority to submit form 990.

Part VI, Section B, Line 12

In connection with any actual or possible conflict of interest, an interested person must disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. The board actively monitors the organization's transactions and agreements, and flags for immediate discussion any real or perceived conflict of interest with intent to obviate such conflict in keeping with both the law and its own conflict of interst policies.

Part VI, Section B, Line 15

The board meets, in the absence of the compensated officer, to decide compensation of officers. It does so in a three-step process recommended by the irs, as outlined by the council of nonprofits. Leaning on reliable information regarding executive compensation for similar non-profit organizations (sources include guidestar, payscale, and charity navigator) and after an evaluation of the officer's experience and expertise, it suggests a fair salary for approval by the board.

Part VI, Section C, Line 18

The organization's form 990 is available on www.guidestar.org

Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Creative Armenia
EIN
81-2439399
In Care Of
% GARIN HOVANNISIAN
Phone
3109331034
Address
101 GROVERTON PLACE, LOS ANGELES, CA 90077

Signing Officer

Name
Garin Hovannisian
Title
Chairman / President
Phone
3109931034
Signed
2019-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Garin Hovannisian
Formed
2016
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
2
Employees
1
Volunteers
5

Preparer

Firm
Holthouse Carlin & Van Trigt Llp
Address
100 OCEANGATE 9th Floor, LONG BEACH, CA 90802
Preparer
Stacy Yamanishi
Phone
5625909535
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IRS990/Desc0THE FELLOWSHIP: THE CENTERPIECE OF CREATIVE ARMENIA IS ITS PRESTIGIOUS FELLOWSHIP - A COMPLETE PACKAGE OF RESOURCES, NETWORKS, AND FUNDING RANGING FROM $5,000 TO $25,000 TOWARD INNOVATIVE PROJECTS IN FILM, LITERATURE, MUSIC & THEATRE, AND ART & DESIGN. THROUGH A RIGOROUS APPLICATION AND INTERVIEW PROCESS, CREATIVE ARMENIA WILL SELECT PROJECTS OF EXCEPTIONAL PROMISE AND INTERNATIONAL RESONANCE FROM ENERGING ARTISTS. ONCE THESE PROJECTS ARE SELECTED, CREATIVE ARMENIA WILL DELIVER FUNDING TO ARTISTS IN INSTALLMENTS, CONDITIONAL ON REPORTS AND UPDATES SUBMITTED BY THE ARTISTS TO CREATIVE ARMENIA. CREATIVE ARMENIA WILL ALSO LINK THESE ARTISTS TO INTERNATIONAL CO-PRODUCERS AND INDUSTRY PROFESSIONALS, ENGAGING THEM IN WORKSHOPS AND MASTER CLASSES AS THEIR PROJECTS ARE BEING DEVELOPED. UPON COMPLETION, THE PROJECTS WILL BE PRESENTED IN LOS ANGELES, CALIFORNIA AND AT MAJOR FESTIVALS AND VENUES ACROSS THE WORLD.
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IRS990/MissionDesc0CREATIVE ARMENIA IS A PUBLIC CHARITY ON A MANDATE TO DISCOVER, DEVELOP, AND PROMOTE CREATIVE TALENT ACROSS THE ARTS. IT DOES SO WITH A SPECIAL FOCUS ON ARMENIAN CULTURE AND THROUGH A VARIETY OF PROGRAMS INCLUDING, CREATIVE CHALLENGES, PRODUCTION SUPPORT, ARTIST PROMOTION, AND FELLOWSHIPS.
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0414691
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0414691
IRS990/ProgSrvcAccomActy2Grp/Desc0GRANTS AND NON-PROFIT CO-PRODUCTIONS: IN ADDITION TO FUNDING EMERGING ARTISTS AND CUTTING-EDGE PROJECTS, CREATIVE ARMENIA WILL ALSO BE PROACTIVE IN CREATING PLATFORMS AND BRIDGING ARTISTS TOWARD THE CREATION OF COMMON PROJECTS ACROSS ALL THE ARTS. FOR EXAMPLE, CREATIVE ARMENIA WILL INVITE FILMMAKERS FROM DIFFERENT BACKGROUNDS AND A WIDE RANGE OF EXPERIENCES TO CAPTURE THEIR OWN SHORT-FILM VISION OF A SPECIFIC THEME. THEN, THE SHORT FILMS WILL BE COLLECTED AND INCORPORATED INTO A FEATURE FILM. SIX DIFFERENT MUSICIANS WILL BE SELECTED TO WRITE SCORES FOR THIS FEATURE FILM AND CREATE A FEATURE FILM ANTHOLOGY. THIS FILM WILL BECOME A COLLABORATIVE WORK BETWEEN A DIVERSE GROUP OF ARTISTIC INDIVIDUALS AND WILL BE PRESENTED AT GLOBAL FILM FESTIVALS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt060499
IRS990/ProgSrvcAccomActy2Grp/GrantAmt060000
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt088185
IRS990/ProgSrvcAccomActy3Grp/Desc0WORKSHOPS, MENTORSHIPS, & COMPETITIONS: IN ADDITION TO FUNDING AND SUPPORTING PROJECTS WITH EXCEPTIONAL PROMISE, CREATIVE ARMENIA WILL ENGAGE ARTISTS BY LAUNCHING CULTURE-FOCUSED COMPETITIONS IN VARIOUS FIELDS, SUCH AS FILM, LITERATURE, MUSIC & THEATRE, AND ART & DESIGN. CREATIVE ARMENIA WILL ALSO HAVE A ROTATING PANEL OF MENTORS, WHO ARE EXPERIENCED AND SUCCESSFUL IN THEIR OWN CREATIVE FIELDS, WHO WILL BE AVAILABLE TO ASSIST AND MENTOR A YOUNGER GENERATION OF CREATIVE ARTISTS. CREATIVE ARMENIA'S GOAL IN HOLDING SUCH COMPETITIONS, AS WELL AS OFFERING ONGOING WORKSHOPS, MASTER CLASSES, AND MENTORSHIPS, IS TO MOTIVATE AND RECOGNIZE YOUNG CREATIVE ARTISTS WHO ARE NOT YET EXPERIENCED ENOUGH FOR CREATIVE ARMENIA'S LARGER FELLOWSHIPS AND GRANTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt036844
IRS990/ProgSrvcAccomActy3Grp/GrantAmt02500
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt053706
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt062684
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt098000
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt087938
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0272676
IRS990/PYRevenuesLessExpensesAmt069309
IRS990/PYSalariesCompEmpBnftPaidAmt080113
IRS990/PYTotalExpensesAmt0266051
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0335360
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0218689
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0272800
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt069309
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0287998
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0467284
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0335360
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0802644
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0284356
IRS990ScheduleA/SubstantialContributorsTotAmt0518288
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0467284
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0335360
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0802644
IRS990ScheduleA/TotalSupportAmt0802644
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02161
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalLiabilityAmt02161
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt064800
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt12500
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Russia and the Newly Independent States
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1North America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0HIGHER EDUCATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1HIGHER EDUCATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Grantmaking
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Grantmaking
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt02500
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt12300
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt22500
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt0NONE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt1NONE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/DescriptionOfNonCashAsstTxt2NONE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0WIRE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt1WIRE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt2WIRE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt00
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt10
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt20
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt01
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt11
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt21
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0Russia and the Newly Independent States
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt1Russia and the Newly Independent States
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt2North America
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0MARIAM PETROSYAN
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1SEVANA TCHAKERIAN
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt2ALPHA LIGHTING SYSTEM
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc0CASH
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc1CASH
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc2CASH
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt060000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt0NONE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0HIGHER EDUCATION
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0Russia and the Newly Independent States
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0CASH
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt067300
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0ONE BOARD MEMBER HAS A POSITION ON THE BOARD OF THE ARMENIAN ORGANIZATION WHICH ALLOWS FOR OVERSIGHT OF THE GRANTS.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2
IRS990ScheduleF/TotalSpentAmt067300
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS FIRST REVIEWED BY THE CHIEF FINANCIAL OFFICER. AFTER THE REVIEW, FORM 990 IS THEN PRESERNTED TO THE BOARD AT A MEETING TO SEEK ANY INPUT. AFTER HAVING RECEIVED FEEDBACK FROM THE BOARD, THE CHIEF FINANCIAL OFFICER THEN CONSULTS WITH THE CHIEF EXECUTIVE OFFICER, ACCOUNTANT AND BOOKKEEPER TO MAKE ANY NECESSARY CHANGES. ONCE THIS PROCESS IS COMPLETE, THE BOARD VOTES BY MAJORITY TO SUBMIT FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. THE BOARD ACTIVELY MONITORS THE ORGANIZATION'S TRANSACTIONS AND AGREEMENTS, AND FLAGS FOR IMMEDIATE DISCUSSION ANY REAL OR PERCEIVED CONFLICT OF INTEREST WITH INTENT TO OBVIATE SUCH CONFLICT IN KEEPING WITH BOTH THE LAW AND ITS OWN CONFLICT OF INTERST POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MEETS, IN THE ABSENCE OF THE COMPENSATED OFFICER, TO DECIDE COMPENSATION OF OFFICERS. IT DOES SO IN A THREE-STEP PROCESS RECOMMENDED BY THE IRS, AS OUTLINED BY THE COUNCIL OF NONPROFITS. LEANING ON RELIABLE INFORMATION REGARDING EXECUTIVE COMPENSATION FOR SIMILAR NON-PROFIT ORGANIZATIONS (SOURCES INCLUDE GUIDESTAR, PAYSCALE, AND CHARITY NAVIGATOR) AND AFTER AN EVALUATION OF THE OFFICER'S EXPERIENCE AND EXPERTISE, IT SUGGESTS A FAIR SALARY FOR APPROVAL BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S FORM 990 IS AVAILABLE ON WWW.GUIDESTAR.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false

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