Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Liabilities / Revenue
71st percentile
Higher debt load relative to revenue than 71% of similar nonprofits.
Net Margin
61st percentile
Higher net margin than 61% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
77th percentile
Faster asset growth than 77% of similar nonprofits.
Revenue Growth
25th percentile
Faster revenue growth than 25% of similar nonprofits.
Assets
Up$22,009
Up $6,385 (+41%) from 2019
Net Assets
Up$15,670
Up $15,938 (+5947%) from 2019
Liabilities
Down$6,339
Down $9,553 (-60%) from 2019
Revenue
Down$123,754
Down $103,833 (-46%) from 2019
Expenses
Down$107,816
Down $112,181 (-51%) from 2019
Net Income
Up$15,938
Up $8,348 (+110%) from 2019
SEE SCHEDULE O
| Description | Grants | Expenses |
|---|---|---|
| MUSIC EDUCATION (SEE SCHEDULE O FOR RESPONSES) | - | $61,460 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TAMAR MARDIROSSIAN | President - Director | PT | $0 | - | - |
| CHRISTOPHER STANG | Secretary - Director | - | $0 | - | - |
| GINA SCHULMAN | Director | - | $0 | - | - |
“Form 990-ez, part iii, primary exempt purpose nvak (which means music in armenian) is a music education program whose mission is to educate and develop the skills of young musicians living in countries facing social,political and/or economic challenges.we connect our students (ages 14-30) with educators and professionals from the music business,using music education as a way to (1) bring people together into dialogue,(2) foster artistic and social collaboration and (3) help our students find career growth opportunities that would otherwise be unavailable to them. Form 990-ez, part iii, line 28 in 2015, because of the work tamar was doing in the u.s. Music business,she was given the opportunity to spend extended amounts of time in yerevan,armenia. During those months, she got to know local creatives and realized while talent was equally distributed, opportunity was not.the armenian youth possessed huge amounts of emotional intelligence; they were curious and hungry to learn; they wanted to integrate into the global and technologically connected world; and they wanted to have more access to opportunities that were unavailable to them. Tamar realized that because of her connections in the music industry, and the platform she had in the country, there was an opportunity for her to create an organization super-serving talented musicians in armenia. Prior to nvak, there was no collaborative, cohesive, vibrant, modern music community in armenia. Young musicians were not producing or releasing original music. They were not collaborating and working with each other. They were not playing live shows. No one knew what an open-mic-night was. No one knew what songwriter circles were. The mission was to create change and to weave together the fragmented creative community. By 2019, nvak had scaled to 2 additional countries;impacting artists in 3 different regions(armenia,israel,and malawi)and 6 different cultural groups; in 2020, nvak evolved its educational programming into a hybrid in-person and remote learning system that can be held year-round and reach its entire global community of 1,500 students. This flexible education model fits the needs of the modern music student and significantly expands nvak's impact through music education. What originally started as a summer program is now a year-round community and family that provides free, high-quality, inclusive music education for under-served musicians globally.”
“Description:OFFICE EXPENSES AND PROGRAM SUPPLIES Amount:13833”
“Description:INFORMATION TECHNOLOGY Amount:633”
“Description:OTHER RECEIVABLES BOY Amount:9240 EOY Amount:50”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | TAMAR MARDIROSSIAN |
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| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW YORK |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10003 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 3701 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 21664 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 123754 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 15938 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 84187 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 15624 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 22009 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 3677 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 123754 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -268 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 15670 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -268 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 15670 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | TAMAR MARDIROSSIAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | CHRISTOPHER STANG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | GINA SCHULMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT - DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY - DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 11923 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 345 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 19952 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SEE SCHEDULE O |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | MUSIC EDUCATION (SEE SCHEDULE O FOR RESPONSES) |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 61460 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 15892 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 6339 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 107816 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 61460 |
| IRS990EZ/TotalRevenueAmt | 0 | 123754 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.NVAK.ORG |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 123754 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 212587 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 113408 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 449749 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 15000 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 328083 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 121666 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 123754 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 212587 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 113408 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 449749 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 449749 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FORM 990-EZ, PART III, PRIMARY EXEMPT PURPOSE NVAK (WHICH MEANS MUSIC IN ARMENIAN) IS A MUSIC EDUCATION PROGRAM WHOSE MISSION IS TO EDUCATE AND DEVELOP THE SKILLS OF YOUNG MUSICIANS LIVING IN COUNTRIES FACING SOCIAL,POLITICAL AND/OR ECONOMIC CHALLENGES.WE CONNECT OUR STUDENTS (AGES 14-30) WITH EDUCATORS AND PROFESSIONALS FROM THE MUSIC BUSINESS,USING MUSIC EDUCATION AS A WAY TO (1) BRING PEOPLE TOGETHER INTO DIALOGUE,(2) FOSTER ARTISTIC AND SOCIAL COLLABORATION AND (3) HELP OUR STUDENTS FIND CAREER GROWTH OPPORTUNITIES THAT WOULD OTHERWISE BE UNAVAILABLE TO THEM. FORM 990-EZ, PART III, LINE 28 IN 2015, BECAUSE OF THE WORK TAMAR WAS DOING IN THE U.S. MUSIC BUSINESS,SHE WAS GIVEN THE OPPORTUNITY TO SPEND EXTENDED AMOUNTS OF TIME IN YEREVAN,ARMENIA. DURING THOSE MONTHS, SHE GOT TO KNOW LOCAL CREATIVES AND REALIZED WHILE TALENT WAS EQUALLY DISTRIBUTED, OPPORTUNITY WAS NOT.THE ARMENIAN YOUTH POSSESSED HUGE AMOUNTS OF EMOTIONAL INTELLIGENCE; THEY WERE CURIOUS AND HUNGRY TO LEARN; THEY WANTED TO INTEGRATE INTO THE GLOBAL AND TECHNOLOGICALLY CONNECTED WORLD; AND THEY WANTED TO HAVE MORE ACCESS TO OPPORTUNITIES THAT WERE UNAVAILABLE TO THEM. TAMAR REALIZED THAT BECAUSE OF HER CONNECTIONS IN THE MUSIC INDUSTRY, AND THE PLATFORM SHE HAD IN THE COUNTRY, THERE WAS AN OPPORTUNITY FOR HER TO CREATE AN ORGANIZATION SUPER-SERVING TALENTED MUSICIANS IN ARMENIA. PRIOR TO NVAK, THERE WAS NO COLLABORATIVE, COHESIVE, VIBRANT, MODERN MUSIC COMMUNITY IN ARMENIA. YOUNG MUSICIANS WERE NOT PRODUCING OR RELEASING ORIGINAL MUSIC. THEY WERE NOT COLLABORATING AND WORKING WITH EACH OTHER. THEY WERE NOT PLAYING LIVE SHOWS. NO ONE KNEW WHAT AN OPEN-MIC-NIGHT WAS. NO ONE KNEW WHAT SONGWRITER CIRCLES WERE. THE MISSION WAS TO CREATE CHANGE AND TO WEAVE TOGETHER THE FRAGMENTED CREATIVE COMMUNITY. BY 2019, NVAK HAD SCALED TO 2 ADDITIONAL COUNTRIES;IMPACTING ARTISTS IN 3 DIFFERENT REGIONS(ARMENIA,ISRAEL,AND MALAWI)AND 6 DIFFERENT CULTURAL GROUPS; IN 2020, NVAK EVOLVED ITS EDUCATIONAL PROGRAMMING INTO A HYBRID IN-PERSON AND REMOTE LEARNING SYSTEM THAT CAN BE HELD YEAR-ROUND AND REACH ITS ENTIRE GLOBAL COMMUNITY OF 1,500 STUDENTS. THIS FLEXIBLE EDUCATION MODEL FITS THE NEEDS OF THE MODERN MUSIC STUDENT AND SIGNIFICANTLY EXPANDS NVAK'S IMPACT THROUGH MUSIC EDUCATION. WHAT ORIGINALLY STARTED AS A SUMMER PROGRAM IS NOW A YEAR-ROUND COMMUNITY AND FAMILY THAT PROVIDES FREE, HIGH-QUALITY, INCLUSIVE MUSIC EDUCATION FOR UNDER-SERVED MUSICIANS GLOBALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description:OFFICE EXPENSES AND PROGRAM SUPPLIES Amount:13833 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description:INFORMATION TECHNOLOGY Amount:633 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description:OTHER RECEIVABLES BOY Amount:9240 EOY Amount:50 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | CORE FORM 990EZ RESPONSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990EZ PART I LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990EZ PART I LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990EZ PART II LINE 24 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TAMAR MARDIROSSIAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT & DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8185194202 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NVAK Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NVAK |
| ReturnHeader/Filer/EIN | 0 | 825303346 |
| ReturnHeader/Filer/InCareOfNm | 0 | % TAMAR MARDIROSSIAN |
| ReturnHeader/Filer/PhoneNum | 0 | 8185194202 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 225 E 19th Street Suite 706 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | New York |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10003 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WithumSmithBrown PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | ONE TOWER CENTER BLVD 14TH FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | EAST BRUNSWICK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 08816 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7328281614 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Brad Caruso |
| ReturnHeader/ReturnTs | 0 | 2021-05-17T10:37:46-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | TAMAR |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | MARDIROSSIAN |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
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Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.