Civic Intelligence

Veterans of Armenia

EIN 85-3766890 • 501(c)3 • Glendale, CA

Pub. 78 Eligible

Profile

The mission of this corporation is to support veterans and their families re-acclimate to their communities by combating ptsd, physical therapy and financial hardship. Additionally, provide humanitarian aid and relief to fallen soldier families.

1146 N Central Ave 684Glendale, CA 91202

www.veteransofarmenia.org

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

76th percentile

23%

Higher net margin than 76% 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

85th percentile

47%

Faster asset growth than 85% of similar nonprofits.

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

Revenue Growth

31st percentile

-24%

Faster revenue growth than 31% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$176,226

Up $56,268 (+47%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$176,226

Up $56,268 (+47%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin76th percentile

Revenue

Down

$247,363

Down $80,053 (-24%) from 2023

Expenses

Down

$191,095

Down $115,149 (-38%) from 2023

Net Income

Up

$56,268

Up $35,096 (+166%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth85th percentile

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

$300K$200K$100K$0Assets 2020: $129,957Liabilities 2020: $0Net Assets 2020: $129,9572020Assets 2021: $227,686Liabilities 2021: $0Net Assets 2021: $227,6862021Assets 2022: $98,786Liabilities 2022: $0Net Assets 2022: $98,7862022Assets 2023: $119,958Liabilities 2023: $0Net Assets 2023: $119,9582023Assets 2024: $176,226Liabilities 2024: $0Net Assets 2024: $176,2262024

Highlighted filing

2024

Assets$176,226
Liabilities$0
Net Assets$176,226
Open 2024 Filing

Operations Trend

Revenue Growth31st percentile

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

$600K$400K$200K$0-$200KRevenue 2020: $263,510Expenses 2020: $133,553Net Income 2020: $129,9572020Revenue 2021: $264,761Expenses 2021: $167,032Net Income 2021: $97,7292021Revenue 2022: $283,991Expenses 2022: $412,891Net Income 2022: -$128,9002022Revenue 2023: $327,416Expenses 2023: $306,244Net Income 2023: $21,1722023Revenue 2024: $247,363Expenses 2024: $191,095Net Income 2024: $56,2682024

Highlighted filing

2024

Revenue$247,363
Expenses$191,095
Net Income$56,268
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$176,226
Liabilities
$0
Net assets
$176,226
Revenue
$247,363
Expenses
$191,095
Net income
$56,268
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.76$0.00$1.76$2.47$1.91$0.56
2023Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$3.27$3.06$0.21
2022Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$2.84$4.13$1.29
2021Detailed filing. Detailed filing data is available for this year.$2.28$0.00$2.28$2.65$1.67$0.98
2020Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$2.64$1.34$1.30
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 31, 2025
Return Version
2024v5.2
Gross Receipts
$247,363
Mission and Program Overview

Mission

The mission of this corporation is to support veterans and their families re-acclimate to their communities by combating ptsd, physical therapy and financial hardship. Additionally, provide humanitarian aid and relief to fallen soldier families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$119,958$176,226▲ $56,268
Rtn Earn Endowment Incm Other Fnds$119,958$176,226▲ $56,268
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$119,958$176,226▲ $56,268
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$119,958$176,226▲ $56,268
Total Liabilities and Net Assets / Fund Balance$119,958$176,226▲ $56,268
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Lermont AkopyanChair of Governing Body
Fred SarkisyanCFO
Armen AdamyanCOO
Revenue and Support

Revenue Composition

Contributions and Grants
$247,363
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$247,363
Change in Net Assets
$56,268
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$191,095
Total Fundraising Expense$72,860
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising-$18,372-$18,372
All Other Expenses$14,877--$14,877
Other Expenses$12,230-$72,860$12,230
Office Expenses-$2,675-$2,675
Total Functional Expenses$97,188$21,047$72,860$191,095
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, Part VI, Section B, Line 11B

“The organization reviewed the financials and the form 990 together and approval was obtained from the members to file the form 990.”

Form 990, Part VI, Section C, Line 19

“The organization provides its governing documents, conflict of interest policy upon request. The financial statements are available upon request and will soon be available on the organizations website as well.”

Filing and Contact Details

Filer

Filer Name
Veterans of Armenia
EIN
85-3766890
Phone
8188088384
Address
1146 N CENTRAL AVE 684, GLENDALE, CA 91202

Signing Officer

Name
Fred Sarkisyan
Title
Chief Financial Officer
Phone
8188088384
Signed
2025-08-31

Organization Details

Principal Officer
Fred Sarkisyan
Formed
2020
Legal Domicile
CA
Voting Board Members
15
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Mash Accounting & Consulting Llp
Address
500 N CENTRAL AVE STE 600, GLENDALE, CA 91203
Preparer
Hamlet Setaghiyan
Phone
8189456274
Raw XML Appendix288 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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