NYNJ ARMENIAN SENIOR LIVING INC

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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

2021

Legal Domicile

Principal Officer

NEIRI AMIRIAN

Phone

2012616662

Tax Period

2022-01-01 to 2022-12-31

NYNJ ARMENIAN SENIOR LIVING INC, founded in 2021, is a small nonprofit in the Human Services sector that reported $500K in total revenue in fiscal year 2022. The organization ran a surplus of $500K, a strong 100% operating margin.

Mission

THE MISSION OF THE NYNJ ARMENIAN SENIOR LIVING INC. IS TO PROVIDE QUALITY HEALTHCARE AND REHABILITATIVE SERVICES TO THE AGED AND INDIGENT, TO PROMOTE WELLNESS, RELIEVE SUFFERING, AND TO EXTEND CHARITABLE RELIEF TO PERSONS REGARDLESS OF RACE, GENDER, RELIGION, OR NATIONALITY.

Program Service Accomplishments

Program 1

NYNJ ARMENIAN SENIOR LIVING INC. (THE ORGANIZATION), IS A NEW JERSEY NOT-FOR-PROFIT CORPORATION. ITS OPERATIONS WILL INCLUDE BUILDING AND MANAGING AN ASSISTED LIVING FACILITY PROVIDING RESIDENTIAL...

NYNJ ARMENIAN SENIOR LIVING INC. (THE ORGANIZATION), IS A NEW JERSEY NOT-FOR-PROFIT CORPORATION. ITS OPERATIONS WILL INCLUDE BUILDING AND MANAGING AN ASSISTED LIVING FACILITY PROVIDING RESIDENTIAL AND MEDICAL SERVICES FOR SENIORS.CURRENTLY, THE ORGANIZATION IS WORKING ON BUILDING A NEW FACILITY. THE PROJECT IS STILL IN THE PLANNING STAGES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $500,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $500,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $18

TOTAL EXPENSES $18

Year-over-Year Comparison

	2022	2021	Change
Revenue	$500,000	N/A	N/A
Expenses	$18	N/A	N/A
Net Income	$499,982	N/A	N/A

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
NEIRI AMIRIAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
ARTHUR BEDROSIAN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PETER BONJUKLIAN	TREASURER	1.00	Officer Director	$0	$0	$0
KHOREN BANDAZIAN ESQ	RECORDING SECRETARY	1.00	Officer Director	$0	$0	$0
AROUSIAG MARKARIAN	MEMBER	1.00	Director	$0	$0	$0
MATT NALBANDIAN	MEMBER	1.00	Director	$0	$0	$0
ALICE MOVSESIAN	MEMBER	1.00	Director	$0	$0	$0
CRAIG KALLEM	MEMBER	1.00	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
2022	$500,000	$18	$499,982	$499,982