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Hovsepian Ministries Inc

  • Burbank, CA
  • Tax-exempt since March 2009
  • EIN: 36-4605569

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Religion-Related, Spiritual Development / Protestant (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$318k (2023)

Expenses
$376k (2023)

Total Assets
$342k (2023)

Total Liabilities
$82.3k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$318,293
Expenses
$376,312
Net Income
-$58,019
Net Assets
$259,591
Notable Sources of Revenue Percent of Total Revenue
Contributions $295,400
92.8%
Program Services $0
Investment Income $8,988
2.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $12,671
4.0%
Net Inventory Sales $0
Other Revenue $1,234
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $60,000
15.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $341,931
Total Liabilities $82,340
Net Assets $259,591
Compensation
Key Employees and Officers Compensation Related Other
Joseph Hovsepian (Executive Director) $60,000 $0 $0
Anoosh Bolluk (Director) $0 $0 $0
Takoush Margoosian (Director) $0 $0 $0
Arpi Der Galestian (Director) $0 $0 $0
Derenik Markosian (Director) $0 $0 $0
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Document Links

990
Filed on Oct. 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$337,599
Expenses
$314,694
Net Income
$22,905
Net Assets
$265,408
Notable Sources of Revenue Percent of Total Revenue
Contributions $143,780
42.6%
Program Services $153,558
45.5%
Investment Income $1,616
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $38,645
11.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,000
19.1%
Professional Fundraising Fees $0
Other Salaries and Wages $840
0.3%
Assets/Debt
Total Assets $315,081
Total Liabilities $49,673
Net Assets $265,408
Compensation
Key Employees and Officers Compensation Related Other
Joseph Hovsepian (Executive Director) $60,000 $0 $0
Anoosh Bolluk (Director) $0 $0 $0
Takoush Margoosian (Director) $0 $0 $0
Arpi Der Galestian (Director) $0 $0 $0
Derenik Markosian (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 12, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$331,036
Expenses
$323,891
Net Income
$7,145
Net Assets
$330,390
Notable Sources of Revenue Percent of Total Revenue
Contributions $227,154
68.6%
Program Services $71,367
21.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $32,515
9.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,000
18.5%
Professional Fundraising Fees $0
Other Salaries and Wages $17,619
5.4%
Assets/Debt
Total Assets $354,087
Total Liabilities $23,697
Net Assets $330,390
Compensation
Key Employees and Officers Compensation Related Other
Joseph Hovsepian (Executive Director) $60,000 $0 $0
Anoosh Bolluk (Director) $0 $0 $0
Takoush Margoosian (Director) $0 $0 $0
Arpi Der Galestian (Director) $0 $0 $0
Derenik Markosian (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 7, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$283,841
Expenses
$269,024
Net Income
$14,817
Net Assets
$311,483
Notable Sources of Revenue Percent of Total Revenue
Contributions $204,537
72.1%
Program Services $77,500
27.3%
Investment Income $1,252
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $552
0.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $65,000
24.2%
Professional Fundraising Fees $0
Other Salaries and Wages $15,587
5.8%
Assets/Debt
Total Assets $342,575
Total Liabilities $31,092
Net Assets $311,483
Compensation
Key Employees and Officers Compensation Related Other
Joseph Hovsepian (Executive Director) $65,000 $0 $0
Anoosh Bolluk (Director) $0 $0 $0
Takoush Margoosian (Director) $0 $0 $0
Arpi Der Galestian (Director) $0 $0 $0
Derenik Markosian (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 24, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$386,032
Expenses
$353,560
Net Income
$32,472
Net Assets
$344,965
Notable Sources of Revenue Percent of Total Revenue
Contributions $254,750
66.0%
Program Services $92,273
23.9%
Investment Income $8,461
2.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $30,548
7.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $55,000
15.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $378,011
Total Liabilities $33,046
Net Assets $344,965

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$329,726
Expenses
$332,378
Net Income
-$2,652
Net Assets
$289,237
Notable Sources of Revenue Percent of Total Revenue
Contributions $198,371
60.2%
Program Services $109,759
33.3%
Investment Income $6,483
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $15,113
4.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $65,000
19.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $352,020
Total Liabilities $62,783
Net Assets $289,237

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$359,836
Expenses
$346,041
Net Income
$13,795
Net Assets
$316,873
Notable Sources of Revenue Percent of Total Revenue
Contributions $150,459
41.8%
Program Services $180,086
50.0%
Investment Income $3,432
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $25,859
7.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,000
17.3%
Professional Fundraising Fees $0
Other Salaries and Wages $730
0.2%
Assets/Debt
Total Assets $399,450
Total Liabilities $82,577
Net Assets $316,873

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$388,799
Expenses
$316,662
Net Income
$72,137
Net Assets
$302,454
Notable Sources of Revenue Percent of Total Revenue
Contributions $177,444
45.6%
Program Services $184,500
47.5%
Investment Income $2,801
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $24,054
6.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,000
18.9%
Professional Fundraising Fees $0
Other Salaries and Wages $8,679
2.7%
Assets/Debt
Total Assets $354,679
Total Liabilities $52,225
Net Assets $302,454

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$329,451
Expenses
$326,827
Net Income
$2,624
Net Assets
$224,882
Notable Sources of Revenue Percent of Total Revenue
Contributions $145,551
44.2%
Program Services $182,550
55.4%
Investment Income $3,555
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,205
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $41,500
12.7%
Professional Fundraising Fees $0
Other Salaries and Wages $7,447
2.3%
Assets/Debt
Total Assets $275,430
Total Liabilities $50,548
Net Assets $224,882

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$415,852
Expenses
$316,426
Net Income
$99,426
Net Assets
$215,184
Notable Sources of Revenue Percent of Total Revenue
Contributions $94,690
22.8%
Program Services $308,590
74.2%
Investment Income $1,100
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $11,472
2.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $45,708
14.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $225,987
Total Liabilities $10,803
Net Assets $215,184

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$276,133
Expenses
$288,710
Net Income
-$12,577
Net Assets
$119,320
Notable Sources of Revenue Percent of Total Revenue
Contributions $163,599
59.2%
Program Services $96,600
35.0%
Investment Income $796
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $13,530
4.9%
Net Inventory Sales $0
Other Revenue $1,608
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $38,563
13.4%
Professional Fundraising Fees $3,600
1.2%
Other Salaries and Wages $0
Assets/Debt
Total Assets $176,965
Total Liabilities $57,645
Net Assets $119,320

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$265,565
Expenses
$283,709
Net Income
-$18,144
Net Assets
$176,965
Notable Sources of Revenue Percent of Total Revenue
Contributions $172,496
65.0%
Program Services $78,796
29.7%
Investment Income $237
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,292
1.6%
Net Inventory Sales $0
Other Revenue $9,744
3.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $38,000
13.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $195,780
Total Liabilities $18,815
Net Assets $176,965

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$390,238
Expenses
$319,746
Net Income
$70,492
Net Assets
$160,782
Notable Sources of Revenue Percent of Total Revenue
Contributions $115,583
29.6%
Program Services $304,867
78.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$1,032
Sales of Assets -$29,580
Net Inventory Sales $0
Other Revenue $400
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $27,500
8.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $193,569
Total Liabilities $32,787
Net Assets $160,782

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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