Civic Intelligence

Organization of Istanbul Armenians

EIN 95-3947414 • 501(c)3 • Winnetka, CA

Profile

To preserve and promote the Armenian heritage and culture by bringing compatriot fellow Armenians together and having cultural activities. To promote higher education by providing scholarship to college students.

19726 Sherman WayWinnetka, CA 91306

www.oia.net

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

23rd percentile

0.00x

Higher debt load relative to revenue than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

12th percentile

-24%

Higher net margin than 12% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

34th percentile

-1.6%

Faster asset growth than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

10%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,752,371

Down $75,543 (-2.7%) from 2022

Liabilities

Down

$394

Down $6,600 (-94%) from 2022

Net Assets

Down

$2,751,977

Down $68,943 (-2.4%) from 2022

Revenue

Up

$182,702

Up $87,483 (+92%) from 2022

Expenses

Up

$227,151

Up $121,176 (+114%) from 2022

Net Income

Down

-$44,449

Down $33,693 (-313%) from 2022

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,714,285Liabilities 2011: $544,874Net Assets 2011: $3,169,4112011Assets 2013: $3,274,241Liabilities 2013: $222,213Net Assets 2013: $3,052,0282013Assets 2014: $3,178,122Liabilities 2014: $152,303Net Assets 2014: $3,025,8192014Assets 2015: $3,122,277Liabilities 2015: $155,395Net Assets 2015: $2,966,8822015Assets 2016: $3,011,231Liabilities 2016: $153,967Net Assets 2016: $2,857,2642016Assets 2017: $2,975,827Liabilities 2017: $114,240Net Assets 2017: $2,861,5872017Assets 2018: $2,903,136Liabilities 2018: $101,447Net Assets 2018: $2,801,6892018Assets 2019: $2,835,958Liabilities 2019: $101,539Net Assets 2019: $2,734,4192019Assets 2020: $2,802,914Liabilities 2020: $139,004Net Assets 2020: $2,663,9102020Assets 2021: $2,831,979Liabilities 2021: $48,666Net Assets 2021: $2,783,3132021Assets 2022: $2,827,914Liabilities 2022: $6,994Net Assets 2022: $2,820,9202022Assets 2024: $2,752,371Liabilities 2024: $394Net Assets 2024: $2,751,9772024

Highlighted filing

2024

Assets$2,752,371
Liabilities$394
Net Assets$2,751,977

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $760,553Expenses 2011: $326,365Net Income 2011: $434,1882011Revenue 2013: $245,031Expenses 2013: $274,883Net Income 2013: -$29,8522013Revenue 2014: $264,583Expenses 2014: $290,792Net Income 2014: -$26,2092014Revenue 2015: $222,657Expenses 2015: $281,594Net Income 2015: -$58,9372015Revenue 2016: $241,199Expenses 2016: $350,817Net Income 2016: -$109,6182016Revenue 2017: $268,350Expenses 2017: $264,029Net Income 2017: $4,3212017Revenue 2018: $147,826Expenses 2018: $207,724Net Income 2018: -$59,8982018Revenue 2019: $185,641Expenses 2019: $252,911Net Income 2019: -$67,2702019Revenue 2020: $115,064Expenses 2020: $186,098Net Income 2020: -$71,0342020Revenue 2021: $266,059Expenses 2021: $146,654Net Income 2021: $119,4052021Revenue 2022: $95,219Expenses 2022: $105,975Net Income 2022: -$10,7562022Revenue 2024: $182,702Expenses 2024: $227,151Net Income 2024: -$44,4492024

Highlighted filing

2024

Revenue$182,702
Expenses$227,151
Net Income-$44,449

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 6, 2023
Return Version
2022v5.0
Gross Receipts
$96,108
Mission and Program Overview

Mission

To preserve and promote the Armenian heritage and culture by bringing compatriot fellow Armenians together and having cultural activities. To promote higher education by providing scholarship to college students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,675,128$2,628,723▼ $46,405
Savings and Temporary Cash Investments$152,510$198,344▲ $45,834
Cash and Non-Interest-Bearing Accounts$4,044$550▼ $3,494
Inventories for Sale or Use$297$297→ $0
Loans From Officers Directors$0--
Total Assets$2,831,979$2,827,914▼ $4,065
Liabilities
Grants Payable$48,455$0▼ $48,455
Accounts Payable and Accrued Expenses$211$6,994▲ $6,783
Total Liabilities$48,666$6,994▼ $41,672
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,783,313$2,820,920▲ $37,607
Total Net Assets Fund Balance$2,783,313$2,820,920▲ $37,607
Total Liabilities and Net Assets / Fund Balance$2,831,979$2,827,914▼ $4,065

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,334,997$719,281-
Other Land Buildings$4,260$0-
Land$1,266,125--
Equipment$23,341$419,090-
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$96,108
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-889
All Other Contributions
$85,430
Change in Net Assets
$-10,756
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$77,214
Salaries, Compensation, and Employee Benefits$26,511
Total Fundraising Expense$10,757
Grants and Similar Amounts Paid$2,250
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$6,320$26,320$3,632$36,272
Other Salaries and Wages$6,850$12,850$2,176$21,876
Other Expenses$2,610$6,610$1,009$10,229
Insurance$2,550$4,550$721$7,821
Payroll Taxes$1,400$2,800$435$4,635
Information Technology$1,000$3,000$473$4,473
Occupancy$1,080$2,680$437$4,197
Grants to Domestic Orgs$2,250--$2,250
Office Expenses$800$800$287$1,887
Advertising$514$514$510$1,538
Fees for Services Legal$0$100$0$100
Total Functional Expenses$29,184$66,034$10,757$105,975
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Organization of Istanbul Armenians
EIN
95-3947414
Phone
8183426378
Address
19726 SHERMAN WAY, Winnetka, CA 91306

Signing Officer

Name
Murat Kosker
Title
CFO
Phone
8183426378
Signed
2023-11-06
Discuss with paid preparer
Yes

Organization Details

Formed
1984
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
1
Volunteers
7

Preparer

Firm
Aginian Accounting Corp
Address
550 S HILL STREET SUITE 585, LOS ANGELES, CA 90013
Preparer
Aram E Aginian CPA
Phone
2136278050
Supplemental Narrative

Additional Explanations

Other

To promote higher education by providing scholarships

Pt VI, Line 6

The Corporation has five classes of members - 1-Active, 2-auxiliary, 3- life, 4- honorary and 5. -founding

Pt VI, Line 7A

The members shall meet annually on the third Friday of February in each year for the purpose of electing trustees and executive committee members, report prior year's financial statements and also transacting other business as may come before the meeting. Cumulative voting shall not be permitted. The Candidates receiving highest number of votes up to the number of trustee or executive committee members to be elected shall be elected. Each eligible member shall cast one vote with voting being by ballot only. The Annual Meeting of members for purpose of electing trustees and executive committee members shall be deemed a regular meeting.

Pt VI, Line 8B

The Organization does not have any committees with authority to act on behalf of the governing body.

Pt VI, Line 7B

In order to accomplish any of the following, the decision of the general assembly must be made at a meeting where there is present a quarum of twenty percent (20%) of voting members and the decisions must be passes by a vote of two thirds (2/3) of the members present and voting (including via proxy).

Pt VI, Line 11B

Audit Committee reviews and approves the Annual Financial Statements.

Raw XML AppendixShowing 400 of 459 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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IRS990/PYTotalExpensesAmt0146654
IRS990/PYTotalRevenueAmt0266059
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-10756
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-889
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0152510
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0198344
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt085430
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0140251
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt098529
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0146192
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0128391
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0598793
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt056410
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt030080
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt054138
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt063290
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0208918
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.74130
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.75440
IRS990ScheduleA/PublicSupportTotal170Amt0598793
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt085430
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0140251
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt098529
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0146192
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0128391
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0598793
IRS990ScheduleA/TotalSupportAmt0807711
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01334997
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0719281
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02054278
IRS990ScheduleD/EquipmentGrp/BookValueAmt023341
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0419090
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0442431
IRS990ScheduleD/LandGrp/BookValueAmt01266125
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01266125
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04260
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt04260
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02628723
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/ExplanationIfNoTxt0no gaming conducted
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/LicensedInd0false
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/StatesWhereGamingConductedCd0CA
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0construction
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt090000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Vahi Urun
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0member
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt00
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0To promote higher education by providing scholarships
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Corporation has five classes of members - 1-Active, 2-auxiliary, 3- life, 4- honorary and 5. -founding
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The members shall meet annually on the third Friday of February in each year for the purpose of electing trustees and executive committee members, report prior year's financial statements and also transacting other business as may come before the meeting. Cumulative voting shall not be permitted. The Candidates receiving highest number of votes up to the number of trustee or executive committee members to be elected shall be elected. Each eligible member shall cast one vote with voting being by ballot only. The Annual Meeting of members for purpose of electing trustees and executive committee members shall be deemed a regular meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization does not have any committees with authority to act on behalf of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4In order to accomplish any of the following, the decision of the general assembly must be made at a meeting where there is present a quarum of twenty percent (20%) of voting members and the decisions must be passes by a vote of two thirds (2/3) of the members present and voting (including via proxy).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Audit Committee reviews and approves the Annual Financial Statements.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 11b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02831979
IRS990/TotalAssetsEOYAmt02827914
IRS990/TotalAssetsGrp/BOYAmt02831979
IRS990/TotalAssetsGrp/EOYAmt02827914
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt096108
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt010757
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt066034
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt029184
IRS990/TotalFunctionalExpensesGrp/TotalAmt0105975
IRS990/TotalGrossUBIAmt0-889
IRS990/TotalLiabilitiesBOYAmt048666
IRS990/TotalLiabilitiesEOYAmt06994
IRS990/TotalLiabilitiesGrp/BOYAmt048666

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