HAMAZKAYIN ARMENIAN EDUCATIONAL AND CULTURAL SOCIETY INC (EIN 222553565) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

HASMIG APRAHAMIAN

Tax Period

2024-05-01 to 2025-04-30

HAMAZKAYIN ARMENIAN EDUCATIONAL AND CULTURAL SOCIETY INC, founded in 1984, is a small nonprofit in the Arts, Culture & Humanities sector that reported $196K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Net assets of $664K represent 41 months of operating reserves.

Mission

THE BASIC PREMISE OF THE ORGANIZATION IS TO NURTURE, SAFEGUARD AND PROMOTE THE ARMENIAN LANGUAGE, CULTURAL VALUES, TRADITIONS AND EDUCATION THROUGHOUT THE ARMENIAN DIASPORA AND ARMENIA

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $41,948

Program Service Revenue $149,131

Investment Income $4,772

Other Revenue $0

TOTAL REVENUE $195,851

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $195,511

Other Expenses $196,815

TOTAL EXPENSES $196,815

Year-over-Year Comparison

	2024	2023	Change
Revenue	$195,851	$228,543	-0.1%
Expenses	$196,815	$140,549	+0.4%
Net Income	$-964	$87,994	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HASMIG APRAHAMIAN	CHAIRPERSON	N/A	Officer	$0	$0	$0
KARI GHAZARIAN	VICE-CHAIRPE	N/A	Officer	$0	$0	$0
HOORI SAMUELIAN	TREASURER	N/A	Officer	$0	$0	$0
MAROUSH NIGON	SECRETARY	N/A	Officer	$0	$0	$0
VARTO KESHESHIAN	BOARD MEMBER	N/A	Director	$0	$0	$0
NAYADA VOSKERAJIAN	BOARD MEMBER	N/A	Director	$0	$0	$0
KHAJAK ARAKELIAN	BOARD MEMBER	N/A	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$195,851	$196,815	$663,521	$-964
2024	$228,543	$140,549	$637,101	$87,994
2023	$449,102	$371,665	$481,027	$77,437
2022	$100,768	$113,526	$403,960	$-12,758
2021	$65,613	$66,375	$416,718	$-762
2020	$166,170	$131,155	$417,480	$35,015
2019	$371,023	$451,044	$382,095	$-80,021

HAMAZKAYIN ARMENIAN EDUCATIONAL AND CULTURAL SOCIETY INC