IMPACT HUB ARMENIA INC

EIN: 833044896 501(c)(3) International Affairs

ENCINO, CA

Total Revenue
$154,600
Total Expenses
$145,090
Total Assets
$9,963
Net Assets
$9,963
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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
2018
Legal Domicile
CA
Principal Officer
NARINE MIRZAEIAN
Phone
8184820656
Tax Period
2024-01-01 to 2024-12-31

IMPACT HUB ARMENIA INC, founded in 2018, is a small nonprofit in the International Affairs sector that reported $155K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $145K left a modest 6% surplus.

Mission

EDUCATION AND SOCIAL IMPACT PROJECTS

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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 (2024)

Revenue Breakdown

Contributions & Grants $154,600
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $154,600

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $144,000
Other Expenses $145,090
TOTAL EXPENSES $145,090

Year-over-Year Comparison

2024 2023 Change
Revenue $154,600 $113,774 +0.4%
Expenses $145,090 $119,075 +0.2%
Net Income $9,510 $-5,301 -2.8%
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
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NARINE MIRZAEIAN PRESIDENT 015.00
Officer
$0 $0 $0
RAFFI KASSARJIAN SECRETARY 015.00
Officer
$0 $0 $0
VAHE KEUSHGUERIAN TREASURER 015.00
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 $154,600 $145,090 $9,963 $9,510
2023 $113,774 $119,075 $453 $-5,301
2022 $120,996 $115,700 $5,754 $5,296
2021 $81,636 $87,426 $457 $-5,790
2020 $318,456 $314,160 $5,596 $4,296
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