FRIENDS OF YEREVAN STATE UNIVERSIT… - 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

2024

Legal Domicile

Tax Period

2024-01-01 to 2024-12-31

FRIENDS OF YEREVAN STATE UNIVERSITY FOUNDATION, founded in 2024, is a small nonprofit in the Education sector that reported $207K in total revenue in fiscal year 2024.

Mission

To enhance teaching and research activities and promoting collaboration between YSU and US-based partner institutions.

Program Service Accomplishments

Program 1

2024 was the organizations first year of formation as such the focus was on building the structure, creating bylaws and forming the board of Trustees.

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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 $207,300

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $207,300

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$207,300	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	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
HE ABP HOVNAN DERDERIAN	TRUSTEE	2.00	Director	$0	$0	$0
DR HOVANNES HOVHANISYAN	TRUSTEE	2.00	Director	$0	$0	$0
DE MIKAYEL HOVHANNISYAN	TRUSTEE	2.00	Director	$0	$0	$0
VARTAN NAZERIAN	TRUSTEE	2.00	Director	$0	$0	$0
DR HAROUTIUN YAGHSEZIAN	TRUSTEE	1.00	Director	$0	$0	$0
VAHE SARGSYAN	TRUSTEE	1.00	Director	$0	$0	$0
DR SILVA KARAYAN	TRUSTEE	1.00	Director	$0	$0	$0
SILVANA VARTANIAN	TRUSTEE	1.00	Director	$0	$0	$0
HAROUT MARKARIAN	TRUSTEE	1.00	Director	$0	$0	$0
ROUPEN AVSHARIAN	TRUSTEE	1.00	Director	$0	$0	$0
HAIG NAZARIAN	CHIEF FINANCIAL OFFICER	2.00	Officer	$0	$0	$0
ARMEN BAIBOURTIAN	PRESIDENT	1.00	Officer	$0	$0	$0
ARMENUI AVSHARIAN	VICE PRESIDENT	1.00	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	$207,300	No data	$207,300	No data

FRIENDS OF YEREVAN STATE UNIVERSITY FOUNDATION