Civic Intelligence

Friends of Yerevan State University Foundation

EIN 99-3285737 • 501(c)3 • Burbank, CA

Pub. 78 Eligible

Profile

To enhance teaching and research activities and promoting collaboration between YSU and US-based partner institutions.

3325 N Glenoaks BlvdBurbank, CA 91504

friends-of-ysu.ysy.am/EN

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

99th percentile

100%

Higher net margin than 99% 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

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

$207,300

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$207,300

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin99th percentile

Revenue

$207,300

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$207,300

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$300K$200K$100K$0Assets 2024: $207,300Liabilities 2024: $0Net Assets 2024: $207,3002024

Highlighted filing

2024

Assets$207,300
Liabilities$0
Net Assets$207,300
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0Revenue 2024: $207,300Expenses 2024: $0Net Income 2024: $207,3002024

Highlighted filing

2024

Revenue$207,300
Expenses$0
Net Income$207,300
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$207,300
Liabilities
$0
Net assets
$207,300
Revenue
$207,300
Expenses
$0
Net income
$207,300
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.07$0.00$2.07$2.07$0.00$2.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$207,300
Mission and Program Overview

Mission

To enhance teaching and research activities and promoting collaboration between YSU and US-based partner institutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$207,300-
Total Assets$0$207,300▲ $207,300
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$207,300-
Total Net Assets Fund Balance$0$207,300▲ $207,300
Total Liabilities and Net Assets / Fund Balance$0$207,300▲ $207,300
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Armen BaibourtianPresident
Armenui AvsharianVice President
De Mikayel HovhannisyanTrustee
Dr Haroutiun YaghsezianTrustee
Dr Hovannes HovhanisyanTrustee
Dr Silva KarayanTrustee
Harout MarkarianTrustee
He Abp Hovnan DerderianTrustee
Roupen AvsharianTrustee
Silvana VartanianTrustee
Vahe SargsyanTrustee
Vartan NazerianTrustee
Haig NazarianChief Financial Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$207,300
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$207,300
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$207,300$207,300-$207,300
Total Events$207,300$207,300-$207,300
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 governing body review Part VI line 11

“All information is available upon request”

Governing documents etc available to public Part VI line 19

“All information is available upon request”

Filing and Contact Details

Filer

Filer Name
Friends of Yerevan State University Foundation
EIN
99-3285737
In Care Of
% HAIG NAZARIAN
Address
3325 N GLENOAKS BLVD, BURBANK, CA 91504

Signing Officer

Name
Haig Nazarian
Title
Chief Financial Officer
Signed
2025-11-14
Discuss with paid preparer
No

Organization Details

Formed
2024
Legal Domicile
CA
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
20

Preparer

Firm
Berta Baghjajian CPA
Address
17514 VENTURA BLVD SUITE 204, Encino, CA 91316
Preparer
Berta Baghjajian
Phone
8188252144
Supplemental Narrative

Additional Explanations

Part III response or note to any other line in Part III

“2024 was the organizations first year of formation. During this period, Friends of Yerevan State University focused on establishing governance, fundraising capacity, and foundational program infrastructure. The organization recruited and formalized an initial Board of Directors, drafted bylaws and governance policies, and completed all federal and state filings required for charitable operation. The organization also began building an alumni and supporter network, conducted initial outreach to prospective donors, and developed plans for its first programsincluding alumni engagement events, career mentorship initiatives, and scholarship support for Yerevan State University students. Programmatic activities are expected to launch in the”

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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt017
IRS990/WebsiteAddressTxt0FRIENDS-OF-YSU.YSY.AM/EN
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0HAIG NAZARIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF FINANCIAL OFFICER
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRIENDS OF YEREVAN STATE UNIVERSITY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FRIE
ReturnHeader/Filer/EIN0993285737
ReturnHeader/Filer/InCareOfNm0% HAIG NAZARIAN
ReturnHeader/Filer/USAddress/AddressLine1Txt03325 N GLENOAKS BLVD
ReturnHeader/Filer/USAddress/CityNm0BURBANK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091504
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BERTA BAGHJAJIAN CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt017514 VENTURA BLVD SUITE 204
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Encino
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091316
ReturnHeader/PreparerPersonGrp/PhoneNum08188252144
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BERTA BAGHJAJIAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-17T14:11:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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