KOOYRIGS INC (EIN 852679173) - Form 990 Financial Analysis & Trantor Score

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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

2020

Legal Domicile

Principal Officer

KARINE EURDEKIAN

Phone

2485054512

Tax Period

2023-01-01 to 2023-12-31

KOOYRIGS INC, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $221K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $69K, a strong 31% operating margin.

Mission

KOOYRIGS PROVIDES RESOURCES TO THE GLOBAL ARMENIAN NETWORK BY LAUNCHING COMMUNITY PROJECTS, IMPLEMENTING EDUCATIONAL INITIATIVES AND AMPLIFYING MARGINALIZED VOICES. OUR ONGOING HUMANITARIAN EFFORTS AND INITATIVES PRIORITIZE TRANSPARENCY, LONG-TERM SUSTAINABILITY, AND A COMMITMENT TO SUPPORTING LOCAL ECONOMIES.

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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 $220,724

Program Service Revenue $0

Investment Income $2

Other Revenue $0

TOTAL REVENUE $220,726

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $120,607

Other Expenses $151,775

TOTAL EXPENSES $151,775

Year-over-Year Comparison

	2023	2022	Change
Revenue	$220,726	$233,336	-0.1%
Expenses	$151,775	$252,528	-0.4%
Net Income	$68,951	$-19,192	-4.6%

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

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

$22,540

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARDA EURDEKIAN	BOARD CHAIR	5.00	Officer Director	$0	$0	$0
KARINE EURDEKIAN	EXECUTIVE DIRECTOR	40.00	Director	$22,540	$0	$22,540
SOPHIA HADESHIAN	DIRECTOR	5.00	Director	$0	$0	$0
ALEXIS GRIS	DIRECTOR	5.00	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	$220,726	$151,775	$119,832	$68,951
2022	$233,336	$252,528	$50,881	$-19,192
2021	$244,303	$429,069	$70,720	$-184,766
2020	$458,953	$203,260	$255,693	$255,693

KOOYRIGS INC