Burbank, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HOVSEPIAN MINISTRIES INC, founded in 2007, is a small nonprofit in the Religion sector that reported $318K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $376K exceeded revenue, resulting in a 18% operating deficit.
Hovsepian Ministries was formed to share the good news of the gospel and message of hope with the Farsi speaking world through satellite online resources and events.
Geranbaha - meaning Precious is a platform that touches tens of thousands of Iranian lives on a daily basis through its website social media channels and live programs. It provides access to teaching...
Geranbaha - meaning Precious is a platform that touches tens of thousands of Iranian lives on a daily basis through its website social media channels and live programs. It provides access to teaching worship resources daily devotionals discipleship articles audio sermons and more all available in video audio and text formats. The Iranian peoples response to the widespread distribution of all of this fresh Christian content has been overwhelmingly positive and it continues to lead to one-on-one communications with viewers through secure messaging or calling on some of the media apps such as Telegram that host Geranbaha. Geranbahas audience is quickly turning into a virtual church where members are benefiting not only from spiritual resources but fellowship as well. Since its launch Geranbahas media content and trained follow-up team have led hundreds of people to to Christ and helped thousands more to grow in their faith. Our communication channels are overwhelmingly busy receiving an average of 2,700 content downloads per day making Geranbaha one of the largest most up-to-date and most engaging internet and on-air platforms for Farsi Christian resources. In addition Geranbahas footprints can be traced to several other ministries who are now frequently using its new creative and high-quality content freely as a tool for their ministry to Iranians.
Persecution Series - The Isolated Believers project is a video series based on the shared struggles of Christians living in the nation of Iran. Each episode focuses on a unique facet of living under...
Persecution Series - The Isolated Believers project is a video series based on the shared struggles of Christians living in the nation of Iran. Each episode focuses on a unique facet of living under persecution and the impact it has on the individual their relationships and daily lives. The goal of the project is to encourage believers who feel isolated and to show them they are not alone - the Lord is with them in their struggle and there are many others who labor alongside them and understand what they are going through. Each episode addresses a challenge offers practical solutions and serves as a catalyst for deeper conversation through creative storytelling.
House of Worship - The program includes a group of young musicians and singers gathered together in a cozy setting playing and singing worship songs while a small audience worships with the band in...
House of Worship - The program includes a group of young musicians and singers gathered together in a cozy setting playing and singing worship songs while a small audience worships with the band in the background. The overall mood of the program is deep spiritual worship. During the worship there is a time for poem reading as well as a short devotional message related to worship and exhausting the Lord which are recorded separately and inserted between the songs.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $318,293 | $337,599 | -0.1% |
| Expenses | $376,312 | $314,694 | +0.2% |
| Net Income | $-58,019 | $22,905 | -3.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Joseph Hovsepian | Executive Director | 40.00 |
Officer
Director
|
$60,000 | $0 | $60,000 |
| Anoosh Bolluk | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Takoush Margoosian | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Arpi Der Galestian | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Derenik Markosian | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $318,293 | $376,312 | $341,931 | $-58,019 |
| 2022 | $337,599 | $314,694 | $315,081 | $22,905 |
| 2021 | $331,036 | $323,891 | $354,087 | $7,145 |
| 2020 | $283,841 | $269,024 | $342,575 | $14,817 |
Compare HOVSEPIAN MINISTRIES INC with other nonprofits in California and across the country.