Civic Intelligence

Impact Hub Armenia Inc

EIN 83-3044896 • 501(c)3 • Encino, CA

Profile

Public benefit and charitible activities for eduction and social impact projects

16255 Ventura Blvd Ste 1240Encino, CA 91436
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

58th percentile

6.2%

Higher net margin than 58% 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

99th percentile

2099%

Faster asset growth than 99% of similar nonprofits.

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

Revenue Growth

80th percentile

36%

Faster revenue growth than 80% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$9,963

Up $9,510 (+2099%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$9,963

Up $9,510 (+2099%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin58th percentile

Revenue

Up

$154,600

Up $40,826 (+36%) from 2023

Expenses

Up

$145,090

Up $26,015 (+22%) from 2023

Net Income

Up

$9,510

Up $14,811 (+279%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

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

$10K$5.0K$0Assets 2018: $0Net Assets 2018: $02018Assets 2019: $1,300Net Assets 2019: $1,3002019Assets 2020: $5,596Liabilities 2020: $0Net Assets 2020: $5,5962020Assets 2021: $457Liabilities 2021: $0Net Assets 2021: $4572021Assets 2022: $5,754Liabilities 2022: $0Net Assets 2022: $5,7542022Assets 2023: $453Liabilities 2023: $0Net Assets 2023: $4532023Assets 2024: $9,963Liabilities 2024: $0Net Assets 2024: $9,9632024

Highlighted filing

2024

Assets$9,963
Liabilities$0
Net Assets$9,963
Open 2024 Filing

Operations Trend

Revenue Growth80th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2019: $47,940Expenses 2019: $46,640Net Income 2019: $1,3002019Revenue 2020: $318,456Expenses 2020: $314,160Net Income 2020: $4,2962020Revenue 2021: $81,636Expenses 2021: $87,426Net Income 2021: -$5,7902021Revenue 2022: $120,996Expenses 2022: $115,700Net Income 2022: $5,2962022Revenue 2023: $113,774Expenses 2023: $119,075Net Income 2023: -$5,3012023Revenue 2024: $154,600Expenses 2024: $145,090Net Income 2024: $9,5102024

Highlighted filing

2024

Revenue$154,600
Expenses$145,090
Net Income$9,510
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$9,963
Liabilities
$0
Net assets
$9,963
Revenue
$154,600
Expenses
$145,090
Net income
$9,510
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$1.55$1.45$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.14$1.19$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$1.21$1.16$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.82$0.87$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$3.18$3.14$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.48$0.47$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 4, 2025
Return Version
2024v5.2
Gross Receipts
$154,600
Mission and Program Overview

Mission

Educational and social impact projects

Education and social impact projects

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$453$9,963▲ $9,510
Total Assets$453$9,963▲ $9,510
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$453$9,963▲ $9,510
Total Net Assets Fund Balance$453$9,963▲ $9,510
Total Liabilities and Net Assets / Fund Balance$453$9,963▲ $9,510
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Narine MirzaeianPresident
Raffi KassarjianSecretary
Vahe KeushguerianTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$154,600
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$144,600
Change in Net Assets
$9,510
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$145,090
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
Fees for Services Other$144,000--$144,000
Fees for Services Accounting-$650-$650
Other Expenses-$440-$440
Total Functional Expenses$144,000$1,090$0$145,090
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Impact Hub Armenia Inc
EIN
83-3044896
Phone
8184820656
Address
16255 VENTURA BLVD STE 1240, ENCINO, CA 91436

Signing Officer

Name
Narine Mirzaeian
Title
Pres
Phone
8184820656
Signed
2025-09-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Narine Mirzaeian
Formed
2018
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Meguerian & Associates
Address
16255 VENTURA BLVD STE 1240, ENCINO, CA 91436
Preparer
GEORGE MEGUERIAN MSTax CTP MBA
Phone
8183956629
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Section 1, Line 11G

“Project expenses related to project hope/hdif/safe you/evn/artissimo and other direct program expenses”

Raw XML Appendix292 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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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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