Code 3 Angels

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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

2016

Legal Domicile

Principal Officer

Joseph Krikorian

Phone

6265066507

Tax Period

2023-01-01 to 2023-12-31

Code 3 Angels, founded in 2016, is a micro nonprofit in the Public Safety sector that reported $58K in total revenue in fiscal year 2023. Revenue surged 137% from the prior year, signaling strong growth momentum. Expenses of $56K left a modest 5% surplus.

Mission

Code 3 Angels is a non-profit organization bringing emergency medical services, skills, and training to people in developing nations and underprivileged communities throughout the United States.

Program Service Accomplishments

Program 1

Expenses: $48,195 Revenue: $58,459

Bringing emergency medical services, skills, and training to people in developing nations and underprivileged communities throughout the United States.

Program 2

Providing aid and assistance to displaced families in Artsakh.

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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 (2023)

Revenue Breakdown

Contributions & Grants $58,459

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $58,459

Expense Breakdown

Grants Paid $4,350

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $48,195

Other Expenses $51,262

TOTAL EXPENSES $55,612

Year-over-Year Comparison

	2023	2022	Change
Revenue	$58,459	$24,669	+1.4%
Expenses	$55,612	$46,521	+0.2%
Net Income	$2,847	$-21,852	-1.1%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
Joseph Krikorian	President	Officer	$0	$0	$0
Hrag Jivalagian	Secretary	Officer	$0	$0	$0
Sevan Krikorian	Treasurer	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$58,459	$55,612	$13,695	$2,847
2022	$24,669	$46,521	$10,848	$-21,852
2021	$61,810	$128,421	$32,700	$-66,611
2020	$208,044	$116,624	$102,606	$91,420
2019	$36,754	$28,764	$7,904	$7,990
2018	$16,491	$16,338	$739	$153