Associated Students of Glendale Co… - Form 990 Financial Data

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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

1965

Legal Domicile

Phone

8182401000

Tax Period

2024-07-01 to 2025-06-30

Associated Students of Glendale College, founded in 1965, is a small nonprofit in the Education sector that reported $859K in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $421K, a strong 49% operating margin.

Mission

The Associated students of Glendale College Provide supplemental support for the student organizations and programs.

Program Service Accomplishments

Program 1

Expenses: $356,890

Associated students provides supplemental financial support for the student and educational programs at glendale college.

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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 (2024)

Revenue Breakdown

Contributions & Grants $225,246

Program Service Revenue $443,193

Investment Income $190,097

Other Revenue $0

TOTAL REVENUE $858,536

Expense Breakdown

Grants Paid $0

Salaries & Benefits $157,097

Fundraising Expenses $0

Program Expenses $356,890

Other Expenses $280,860

TOTAL EXPENSES $437,957

Year-over-Year Comparison

	2024	2023	Change
Revenue	$858,536	$534,892	+0.6%
Expenses	$437,957	$458,569	0.0%
Net Income	$420,579	$76,323	+4.5%

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

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

$273,305

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tzoler Sagherian	Dean of SA	4.00	Officer	$0	$84,296	$273,305
Lilit Yerkanyan	President	4.00	Officer Director	$0	$0	$0
Pacheco Matute	VP Admin	4.00	Officer Director	$0	$0	$0
Carlos Matute	VP Admin	4.00	Officer Director	$0	$0	$0
Claris Boghosian	VP Finance	4.00	Officer Director	$0	$0	$0
Iren Abelian	VP Activities	4.00	Officer Director	$0	$0	$0
Isabelle Karayan	V Relations	4.00	Officer Director	$0	$0	$0
Levon Chaglasian	VP Organization	4.00	Officer Director	$0	$0	$0
Alejandro Zamarripa	Senator Admin	4.00	Director	$0	$0	$0
Masaki Sannomiya	Senator Admin	4.00	Director	$0	$0	$0
Tamar Chavdarian	Senator Admin	4.00	Director	$0	$0	$0
Lianna Avanessian	Senator Admin	4.00	Director	$0	$0	$0
Lidiia Khanheldian	Senator Admin	4.00	Director	$0	$0	$0
Hasmik Khachatryan	Senator Finance	4.00	Director	$0	$0	$0
Nathan Andriassian	Senator Finance	4.00	Director	$0	$0	$0
Lena Markosian	Senator Finance	4.00	Director	$0	$0	$0
Eric Tsaturyan	Senator Activit	4.00	Director	$0	$0	$0
Natalie Hairapatian	Senator Activit	4.00	Director	$0	$0	$0
Alex Kalantaryan	Senator Activit	4.00	Director	$0	$0	$0
Arevik Grigoryan	Senator Activit	4.00	Director	$0	$0	$0
Sharon Solares	Senator Activit	4.00	Director	$0	$0	$0
Ryan Avakian	Senator Activit	4.00	Director	$0	$0	$0
Olivia Alatorre	Senator Activit	4.00	Director	$0	$0	$0
Kelin Minasian	Senator Activit	4.00	Director	$0	$0	$0
Anahit Nazloyan	Senator Activit	4.00	Director	$0	$0	$0
Aren Sepanian	Senator Relatio	4.00	Director	$0	$0	$0
Liana Issaian	Senator Relatio	4.00	Director	$0	$0	$0
Mane Asilbekyan	Senator Relatio	4.00	Director	$0	$0	$0
Emily Churukian	Senator Relatio	4.00	Director	$0	$0	$0
Alberto Huerta	Senator Org	4.00	Director	$0	$0	$0
Sayat Teker	Senator Org	4.00	Director	$0	$0	$0
Ani Vardanyan	Senator Org	4.00	Director	$0	$0	$0
Emily Kasumyan	Senator Org	4.00	Director	$0	$0	$0
Francisco Corletto	Senator Org	4.00	Director	$0	$0	$0
Arioneh Khachikian	Senator Org	4.00	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
2025	$858,536	$437,957	$6,477,809	$420,579
2024	No data	No data	No data	No data
2023	$536,154	$763,413	$6,377,580	$-227,259
2022	$632,460	$570,924	$6,922,380	$61,536
2021	$408,986	$408,389	$6,051,486	$597
2020	$530,319	$783,364	$6,027,685	$-253,045
2019	$642,050	$420,592	$6,165,734	$221,458
2018	$670,662	$586,436	$5,874,528	$84,226

Associated Students of Glendale College