Civic Intelligence

Knights of Vartan Inc

EIN 94-6053142 • 501(c)8 • Arleta, CA

Profile

Develop Leadership Skills Support Churches schools award grants & scholarships provide humanitarian aid

13444 Muscatine StreetArleta, CA 91331

www.kofv.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

77th percentile

0.12x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)8 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

85th percentile

0.55x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)8 • $1M-$5M nonprofits • Source year 2025

Net Margin

36th percentile

1.3%

Higher net margin than 36% of similar nonprofits.

501(c)8 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)8 • $1M-$5M nonprofits • Source year 2025

Asset Growth

58th percentile

4.6%

Faster asset growth than 58% of similar nonprofits.

501(c)8 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

49th percentile

5.7%

Faster revenue growth than 49% of similar nonprofits.

501(c)8 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$1,198,151

Up $53,235 (+4.6%) from 2024

Liabilities

Up

$140,841

Up $49,891 (+55%) from 2024

Net Assets

Up

$1,057,310

Up $3,344 (+0.3%) from 2024

Operations
Liabilities / Revenue85th percentileNet Margin36th percentile

Revenue

Up

$254,552

Up $13,727 (+5.7%) from 2024

Expenses

Down

$251,208

Down $9,955 (-3.8%) from 2024

Net Income

Up

$3,344

Up $23,682 (+116%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth58th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $992,000Liabilities 2011: $0Net Assets 2011: $992,0002011Assets 2012: $990,856Liabilities 2012: $0Net Assets 2012: $990,8562012Assets 2013: $1,060,459Liabilities 2013: $24,636Net Assets 2013: $1,035,8232013Assets 2014: $1,068,352Liabilities 2014: $0Net Assets 2014: $1,068,3522014Assets 2015: $1,170,984Liabilities 2015: $0Net Assets 2015: $1,170,9842015Assets 2016: $1,043,042Liabilities 2016: $0Net Assets 2016: $1,043,0422016Assets 2017: $1,085,898Liabilities 2017: $0Net Assets 2017: $1,085,8982017Assets 2018: $1,110,448Liabilities 2018: $2,529Net Assets 2018: $1,107,9192018Assets 2019: $1,083,290Liabilities 2019: $8,569Net Assets 2019: $1,074,7212019Assets 2020: $1,186,511Liabilities 2020: $44,320Net Assets 2020: $1,142,1912020Assets 2021: $1,343,540Liabilities 2021: $47,920Net Assets 2021: $1,295,6202021Assets 2022: $1,165,594Liabilities 2022: $56,040Net Assets 2022: $1,109,5542022Assets 2023: $1,068,683Liabilities 2023: $74,560Net Assets 2023: $994,1232023Assets 2024: $1,144,916Liabilities 2024: $90,950Net Assets 2024: $1,053,9662024Assets 2025: $1,198,151Liabilities 2025: $140,841Net Assets 2025: $1,057,3102025

Highlighted filing

2025

Assets$1,198,151
Liabilities$140,841
Net Assets$1,057,310
Open 2025 Filing

Operations Trend

Revenue Growth49th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $277,452Expenses 2011: $159,398Net Income 2011: $118,0542011Revenue 2012: $111,761Expenses 2012: $112,905Net Income 2012: -$1,1442012Expenses 2013: $246,4682013Revenue 2014: $188,701Expenses 2014: $156,172Net Income 2014: $32,5292014Revenue 2015: $187,333Expenses 2015: $108,069Net Income 2015: $79,2642015Revenue 2016: $135,645Expenses 2016: $263,587Net Income 2016: -$127,9422016Revenue 2017: $272,074Expenses 2017: $229,218Net Income 2017: $42,8562017Revenue 2018: $334,985Expenses 2018: $314,266Net Income 2018: $20,7192018Revenue 2019: $199,400Expenses 2019: $232,598Net Income 2019: -$33,1982019Revenue 2020: $203,939Expenses 2020: $136,469Net Income 2020: $67,4702020Revenue 2021: $673,122Expenses 2021: $519,693Net Income 2021: $153,4292021Revenue 2022: $204,357Expenses 2022: $390,423Net Income 2022: -$186,0662022Revenue 2023: $143,592Expenses 2023: $259,023Net Income 2023: -$115,4312023Revenue 2024: $240,825Expenses 2024: $261,163Net Income 2024: -$20,3382024Revenue 2025: $254,552Expenses 2025: $251,208Net Income 2025: $3,3442025

Highlighted filing

2025

Revenue$254,552
Expenses$251,208
Net Income$3,344
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,198,151
Liabilities
$140,841
Net assets
$1,057,310
Revenue
$254,552
Expenses
$251,208
Net income
$3,344
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.14$1.06$0.25$0.25$0.00
2024Detailed filing. Detailed filing data is available for this year.$1.14$0.09$1.05$0.24$0.26$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.07$0.07$0.99$0.14$0.26$0.12
2022Detailed filing. Detailed filing data is available for this year.$1.17$0.06$1.11$0.20$0.39$0.19
2021Detailed filing. Detailed filing data is available for this year.$1.34$0.05$1.30$0.67$0.52$0.15
2020Detailed filing. Detailed filing data is available for this year.$1.19$0.04$1.14$0.20$0.14$0.07
2019Summary only. Only limited summary data is available for this year.$1.08$0.01$1.07$0.20$0.23$0.03
2018Summary only. Only limited summary data is available for this year.$1.11$0.00$1.11$0.33$0.31$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.27$0.23$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.14$0.26$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$0.19$0.11$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.19$0.16$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.02$1.04$0.25
2012Summary only. Only limited summary data is available for this year.$0.99$0.00$0.99$0.11$0.11$0.00
2011Summary only. Only limited summary data is available for this year.$0.99$0.00$0.99$0.28$0.16$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2024 to May 31, 2025
Signed
Oct 14, 2025
Return Version
2024v5.1
Gross Receipts
$254,552
Mission and Program Overview

Mission

The knights of vartan (vartanantz asbedner) is an armenian fraternal service organization established by twelve visionary men to encourage its members to assume leadership roles in cultural, educational, religious, and charitable organizations and activities on the local, national and international level for the betterment of the armenian nation worldwide.

Develop Leadership Skills Support Churches Schools Award Grants & Scholarships Provide Humanitarian Aid

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,144,301$1,158,975▲ $14,674
Cash and Non-Interest-Bearing Accounts$0$0→ $0
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
Land, Buildings, and Equipment, Net$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$1,144,916$1,198,151▲ $53,235
Other Assets Total$615$39,176▲ $38,561
Liabilities
Deferred Revenue$90,950$104,280▲ $13,330
Accounts Payable and Accrued Expenses$0$36,561▲ $36,561
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$90,950$140,841▲ $49,891
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,053,966$1,057,310▲ $3,344
Net Assets Without Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,053,966$1,057,310▲ $3,344
Total Liabilities and Net Assets / Fund Balance$1,144,916$1,198,151▲ $53,235
Compensation and Service Providers
Top Officer Pay46th percentile

Board Members and Trustees

NameTitle
Hunan ArshakianGrand Commander
Gary KaloostianSecretary
Ronald NazelyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$158,967
Program Service Revenue
$0
Investment Income
$95,585
Other Revenue
$0
All Other Contributions
$44,180
Change in Net Assets
$3,344
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$125,976
Grants and Similar Amounts Paid$125,232
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$125,232--$125,232
Fees for Services Management$33,132$0$0$33,132
Travel$24,419$0$0$24,419
Advertising$16,443$0$0$16,443
Insurance$0$16,277$0$16,277
Conferences and Meetings$13,720$0$0$13,720
Office Expenses$4,368$4,368$0$8,736
Fees for Service Investment Mgmnt Fees$0$7,741$0$7,741
Information Technology$1,351$1,350$0$2,701
Occupancy$0$0$0$2,340
Fees for Services Accounting$0$467$0$467
Total Functional Expenses$218,665$30,203$0$251,208
International Activity

International Summary

Offices
1
Employees
1
Spending
$40,430

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 Neighboring StatesGrantmakingGrants to Individuals11$40,430
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11B

“No review was or will be conducted.”

Filing and Contact Details

Filer

Filer Name
Knights of Vartan Inc
EIN
94-6053142
Phone
7143372685
Address
13444 Muscatine Street, Arleta, CA 91331

Signing Officer

Name
Jim Surmeian
Title
Assistant Treasurer
Phone
7413372685
Signed
2025-10-14

Organization Details

Principal Officer
Ronald Nazely
Formed
1916
Legal Domicile
CA
Voting Board Members
54
Independent Board Members
54
Employees
0
Volunteers
0
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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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