Civic Intelligence

Phoenix Art Foundation

990EZ • Fiscal year 2022 • EIN 82-4179406

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 03, 2024

Organization ProfileN/A
124 N Cedar StGlendale, CA 91206

(818) 434-0694

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

83rd percentile

40%

Higher net margin than 83% of similar nonprofits.

2022 filings • NTEE O • <$500k nonprofits • Source year 2022

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.

2022 filings • NTEE O • <$500k nonprofits • Source year 2022

Asset Growth

99th percentile

2623%

Faster asset growth than 99% of similar nonprofits.

2022 filings • NTEE O • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

88th percentile

174%

Faster revenue growth than 88% of similar nonprofits.

2022 filings • NTEE O • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$32,568

Up $31,372 (+2623%) from 2021

Net Assets

Up

$32,568

Up $31,372 (+2623%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin83rd percentile

Revenue

Up

$78,973

Up $50,120 (+174%) from 2021

Expenses

Up

$47,601

Up $17,507 (+58%) from 2021

Net Income

Up

$31,372

Up $32,613 (+2628%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$40K$30K$20K$10K$0Assets 2021: $1,196Net Assets 2021: $1,1962021Assets 2022: $32,568Net Assets 2022: $32,5682022Assets 2023: $24,163Net Assets 2023: $24,1632023

Highlighted filing

2022

Assets$32,568
Liabilities-
Net Assets$32,568
Open 2022 Filing

Operations Trend

Revenue Growth88th percentile

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

$100K$50K$0-$50KRevenue 2021: $28,853Expenses 2021: $30,094Net Income 2021: -$1,2412021Revenue 2022: $78,973Expenses 2022: $47,601Net Income 2022: $31,3722022Revenue 2023: $9,791Expenses 2023: $18,196Net Income 2023: -$8,4052023

Highlighted filing

2022

Revenue$78,973
Expenses$47,601
Net Income$31,372
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 3, 2024
Return Version
2022v5.0
Gross Receipts
$78,973
Mission and Program Overview

Mission

SEE SCH O

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
THE FOUNDATION WILL SOLICIT DONATIONS OR ARTWORKS THAT WILL THEN BE SOLD TO BE ABLE TO MAKE ART ACCESSIBLE TO THE PUBLIC$53,973$53,973
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANNA KHACHATRYANPresident-$0--
Filing and Contact Details

Filer

Filer Name
Phoenix Art Foundation
EIN
82-4179406
Phone
8184340694
Address
124 N CEDAR ST, GLENDALE, CA 91206

Signing Officer

Name
Anna Khachatryan
Title
President
Phone
8184340694
Signed
2024-04-03

Preparer

Firm
AB Accounting & Tax Services
Address
1313 Foothill Blvd 7, La Canada, CA 91011
Preparer
Anita Boudaghian Asl
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“ADVERTISING 673.”

Form 990EZ, Part I, Line 16

“BANK SERVICE CHARGE 30.”

Form 990EZ, Part I, Line 16

“Credit card expense 2800.”

Form 990EZ, Part I, Line 16

“Dues and subscription 599.”

Form 990EZ, Part I, Line 16

“INSURANCE 479.”

Form 990EZ, Part I, Line 16

“JOB SUPPLY 14941.”

Form 990EZ, Part I, Line 16

“MERCHANT ACCT FEE 98.”

Form 990EZ, Part I, Line 16

“OFFICE SUPPLY 146.”

Form 990EZ, Part I, Line 16

“OUTSIDE SERVICE 14156.”

Form 990EZ, Part I, Line 16

“PERMIT 585.”

Form 990EZ, Part I, Line 16

“Post and shipping expense 7.”

Form 990EZ, Part I, Line 16

“SOFTWARE 102.”

Form 990EZ, Part I, Line 16

“TICKETS 5335.”

Form 990EZ, Part I, Line 16

“OFFICE EXPENSE 7650.”

Raw XML Appendix146 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ANNA KHACHATRYAN
IRS990EZ/BooksInCareOfDetail/PhoneNum08184340694
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0124 N CEDAR ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GLENDALE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd091206
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01196
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt032568
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt078973
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt031372
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01196
IRS990EZ/Form990TotalAssetsGrp/EOYAmt032568
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt078973
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01196
IRS990EZ/NetAssetsOrFundBalancesEOYAmt032568
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01196
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt032568
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ANNA KHACHATRYAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt047601
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION WILL SOLICIT DONATIONS OR ARTWORKS THAT WILL THEN BE SOLD TO BE ABLE TO MAKE ART ACCESSIBLE TO THE PUBLIC
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt053973
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt053973
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt047601
IRS990EZ/TotalProgramServiceExpensesAmt053973
IRS990EZ/TotalRevenueAmt078973
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt053973
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt053973
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt053973
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt053973
IRS990ScheduleA/Total509Grp/TotalAmt053973
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt053973
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADVERTISING 673.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK SERVICE CHARGE 30.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CREDIT CARD EXPENSE 2800.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DUES AND SUBSCRIPTION 599.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INSURANCE 479.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5JOB SUPPLY 14941.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MERCHANT ACCT FEE 98.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OFFICE SUPPLY 146.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OUTSIDE SERVICE 14156.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PERMIT 585.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10POST AND SHIPPING EXPENSE 7.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11SOFTWARE 102.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12TICKETS 5335.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13OFFICE EXPENSE 7650.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ANNA KHACHATRYAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08184340694
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PHOENIX ART FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0PHOE
ReturnHeader/Filer/EIN0824179406
ReturnHeader/Filer/PhoneNum08184340694
ReturnHeader/Filer/USAddress/AddressLine1Txt0124 N CEDAR ST
ReturnHeader/Filer/USAddress/CityNm0GLENDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091206
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0474495967
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AB Accounting & Tax Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01313 Foothill Blvd 7
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0La Canada
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091011
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Anita Boudaghian Asl
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-09-18T12:28:42-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$32,568
Liabilities
-
Net assets
$32,568
Revenue
$78,973
Expenses
$47,601
Net income
$31,372
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$24.2$24.2$9.79$18.2$8.41
2022Detailed filing. Detailed filing data is available for this year.$32.6$32.6$79.0$47.6$31.4
2021Detailed filing. Detailed filing data is available for this year.$1.20$1.20$28.9$30.1$1.24