ARMENIAN EVANGELICAL SCHOOLS OF CA INC

EIN: 953780017 501(c)(3)

SHERMAN OAKS, CA

Total Revenue
$3,584,994
Total Expenses
$3,219,288
Total Assets
$5,259,542
Net Assets
$4,958,491
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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
1983
Legal Domicile
CA
Phone
8189078149
Tax Period
2022-07-01 to 2023-06-30

ARMENIAN EVANGELICAL SCHOOLS OF CA INC, founded in 1983, is a community nonprofit that reported $3.6M in total revenue in fiscal year 2022. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $3.2M left a modest 10% surplus.

Mission

PROVIDE EDUCATION WITH EVANGELICAL EMPHASIS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $301,182
Program Service Revenue $3,248,131
Investment Income $13,883
Other Revenue $21,798
TOTAL REVENUE $3,584,994

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,409,997
Fundraising Expenses $0
Program Expenses $2,684,659
Other Expenses $809,291
TOTAL EXPENSES $3,219,288

Year-over-Year Comparison

2022 2021 Change
Revenue $3,584,994 $2,945,519 +0.2%
Expenses $3,219,288 $2,624,180 +0.2%
Net Income $365,706 $321,339 +0.1%
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

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Governance

Voting Members
15
Independent Members
N/A
Employees
39
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
0
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE PHILLIPS JR ESQ VICE CHAIRMAN 0.00
Director
$0 $0 $0
NERSES APOSHIAN Treasurer 0.00
Director
$0 $0 $0
CHRISTOPHER COFER VOTING MEMBER 0.00
Director
$0 $0 $0
PETER AMLOIAN ASSIST. TREAS. 0.00
Director
$0 $0 $0
VAROUJAN BAGHDASSARIAN VOTING MEMBER 0.00
Director
$0 $0 $0
SOUZY OHANIAN PRINCIPAL 0.00
Director
$0 $0 $0
JACQUILINE MELKONYAN BOARD MEMBER 0.00
Director
$0 $0 $0
REV HARUT KHACHATRYAN VOTING MEMBER 0.00
Director
$0 $0 $0
GAREEN DARAKJIAN Secretary 0.00
Director
$0 $0 $0
TZOLER SAGHARIAN CHAIRPERSON 0.00
Director
$0 $0 $0
REV HAIG DARAKJIAN VOTING MEMBER 0.00
Director
$0 $0 $0
HASMIG BARAN VOTING MEMBER 0.00
Director
$0 $0 $0
SETA ANTEKELIAN VOTING MEMBER 0.00
Director
$0 $0 $0
LUCY PAPAZIAN PTO CHAIR 0.00
Director
$0 $0 $0
LEVON FILIAN VOTING MEMBER 0.00
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 No data No data No data No data
2024 No data No data No data No data
2023 $3,584,994 $3,219,288 $5,259,542 $365,706
2022 $2,945,519 $2,624,180 $4,894,494 $321,339
2021 $2,184,370 $2,002,196 $4,883,854 $182,174
2020 $2,518,039 $2,666,866 $4,675,197 $-148,827
2019 $2,550,645 $2,444,219 $4,541,637 $106,426
2018 $2,317,775 $2,230,749 $4,512,378 $87,026
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