Pari Kaoulst Foundation Inc

EIN: 260674673 501(c)(3) Arts, Culture & Humanities

Pasadena, CA

Total Revenue
$290,332
Total Expenses
$385,560
Total Assets
$49,973
Net Assets
$-74,727
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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
2009
Legal Domicile
CA
Principal Officer
Art Kokozian
Phone
6267981262
Tax Period
2023-01-01 to 2023-12-31

Pari Kaoulst Foundation Inc, founded in 2009, is a small nonprofit in the Arts, Culture & Humanities sector that reported $290K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $386K exceeded revenue, resulting in a 33% operating deficit.

Mission

Promote Arts, Culture & Education

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $290,332
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $290,332

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $42,570
Program Expenses $280,420
Other Expenses $385,560
TOTAL EXPENSES $385,560

Year-over-Year Comparison

2023 2022 Change
Revenue $290,332 $311,290 -0.1%
Expenses $385,560 $330,482 +0.2%
Net Income $-95,228 $-19,192 +4.0%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
15

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Arthur Kokozian President 32.00
Director
$0 $0 $0
Cecile Kokozian Secretary 12.00
Director
$0 $0 $0
Gor Mkhitarian CFO 12.00
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
2023 $290,332 $385,560 $49,973 $-95,228
2022 $311,290 $330,482 $145,201 $-19,192
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