SAYAT NOVA DANCE CO INC (EIN 222805663) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

SOPHIA KARAGUESIAN

Phone

6179234455

Tax Period

2023-01-01 to 2023-12-31

SAYAT NOVA DANCE CO INC, founded in 1985, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $39K in total revenue in fiscal year 2023. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $68K exceeded revenue, resulting in a 74% operating deficit.

Mission

The Sayat Nova Dance Company's mission is to preserve and promote the Armenian culture,primarily through the art of dance;To foster an atmosphere of friendship among individualssharing the pride and indomitable spirit of the Armenian people;To further educatemulticultural awareness whitin all ethnic communities worldwide.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $38,906

Program Service Revenue $0

Investment Income $204

Other Revenue $125

TOTAL REVENUE $39,235

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,000

Fundraising Expenses $0

Program Expenses $64,181

Other Expenses $56,124

TOTAL EXPENSES $68,124

Year-over-Year Comparison

	2023	2022	Change
Revenue	$39,235	$194,223	-0.8%
Expenses	$68,124	$133,400	-0.5%
Net Income	$-28,889	$60,823	-1.5%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$12,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
APO ASHJIAN	OFFICER	10.00	Officer	$12,000	$0	$12,000
ARLET ASHJIAN	OFFICER	5.00	Officer	$0	$0	$0
HAGOP ASHJIAN	OFFICER	5.00	Officer	$0	$0	$0
SONA ASHJIAN	OFFICER	5.00	Officer	$0	$0	$0
SOPHIA KARAGUESIAN	OFFICER-TREASURER	10.00	Officer	$0	$0	$0
GAREN AVETISSYAN	PRESIDENT	10.00	Officer	$0	$0	$0
SOPHIA SHAHVERDIAN	OFFICER	5.00	Officer	$0	$0	$0
ALINA ASHJIAN	OFFICER	5.00	Officer	$0	$0	$0
NAIRI KEVERIAN	OFFICER	5.00	Officer	$0	$0	$0
VIKEN KARAGUESIAN	OFFICER	5.00	Officer	$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
2024	No data	No data	No data	No data
2023	$39,235	$68,124	$74,258	$-28,889
2022	$194,223	$133,400	$103,146	$60,823
2021	$10,153	$56,382	$42,323	$-46,229
2020	$54,037	$64,555	$88,553	$-10,518
2019	$76,121	$121,433	$99,071	$-45,312
2018	$127,392	$109,333	$144,383	$18,059

SAYAT NOVA DANCE CO INC