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Armenian Professional Society Scholarship Fund

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: Arts, Culture and Humanities / Cultural, Ethnic Awareness (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$50.8k (2021)

Expenses
$27.2k (2021)

Total Assets
$330k (2021)

Total Liabilities
$0 (2021)

Source: Form 990 tax filings from 2010 to 2021

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.
2021

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$50,806
Expenses
$27,199
Net Income
$23,607
Net Assets
$329,954
Notable Sources of Revenue Percent of Total Revenue
Contributions $17,500
34.4%
Program Services $0
Investment Income $9,107
17.9%
Net Fundraising $0
Sales of Assets $24,199
47.6%
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $329,954
Total Liabilities $0
Net Assets $329,954
Compensation
Key Employees and Officers Compensation Other
Stephanie Mkhilian (Vice Preside) $0 $0
Talar Alexanian (President) $0 $0
Shooshan Zargaryan (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$81,106
Expenses
$117,947
Net Income
-$36,841
Net Assets
$306,347
Notable Sources of Revenue Percent of Total Revenue
Contributions $54,000
66.6%
Program Services $0
Investment Income $9,402
11.6%
Net Fundraising $0
Sales of Assets $17,704
21.8%
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $306,347
Total Liabilities $0
Net Assets $306,347
Compensation
Key Employees and Officers Compensation Other
Alec Kargodorian (Treasurer) $0 $0
Talar Alexanian (Vice Preside) $0 $0
Daniela Girbal Shilvarjo (President) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$61,744
Expenses
$28,169
Net Income
$33,575
Net Assets
$343,188
Notable Sources of Revenue Percent of Total Revenue
Contributions $50,000
81.0%
Program Services $0
Investment Income $8,332
13.5%
Net Fundraising $0
Sales of Assets $3,412
5.5%
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $343,188
Total Liabilities $0
Net Assets $343,188
Compensation
Key Employees and Officers Compensation Other
Nerses Aposhian (President) $0 $0
Olivia Jamgotchian (Vice Preside) $0 $0
Alex Hacopian (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$65,618
Expenses
$27,383
Net Income
$38,235
Net Assets
$309,612
Notable Sources of Revenue Percent of Total Revenue
Contributions $54,500
83.1%
Program Services $0
Investment Income $6,390
9.7%
Net Fundraising $0
Sales of Assets $4,728
7.2%
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $309,612
Total Liabilities $0
Net Assets $309,612
Compensation
Key Employees and Officers Compensation Other
Nerses Aposhian (President) $0 $0
Olivia Jamgotchian (Vice Preside) $0 $0
Alex Hacopian (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,359
Expenses
$20,848
Net Income
-$11,489
Net Assets
$271,377
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,500
26.7%
Program Services $0
Investment Income $6,543
69.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $316
3.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $271,377
Total Liabilities $0
Net Assets $271,377
Compensation
Key Employees and Officers Compensation Related Other
Nerses Aposhian (President) $0 $0 $0
Armen Haroutunian (Treasurer) $0 $0 $0
Serli Polatoglu (Vice Preside) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$89,046
Expenses
$13,014
Net Income
$76,032
Net Assets
$288,919
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $7,072
7.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $81,974
92.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $288,919
Total Liabilities $0
Net Assets $288,919
Compensation
Key Employees and Officers Compensation Related Other
Alex Martinian (President) $0 $0 $0
Armen Haroutunian (Treasurer) $0 $0 $0
Serli Polatoglu (Vice Preside) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$22,919
Expenses
$6,083
Net Income
$16,836
Net Assets
$212,887
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $5,511
24.0%
Net Fundraising $0
Sales of Assets $17,408
76.0%
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $212,887
Total Liabilities $0
Net Assets $212,887
Compensation
Key Employees and Officers Compensation Other
Armen Hovannesian (President) $0 $0
Vram Gorjian (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$29,857
Expenses
$27,981
Net Income
$1,876
Net Assets
$196,051
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,000
23.4%
Program Services $0
Investment Income $5,401
18.1%
Net Fundraising $0
Sales of Assets $17,456
58.5%
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $196,051
Total Liabilities $0
Net Assets $196,051
Compensation
Key Employees and Officers Compensation Other
Lily Kazarians (President) $0 $0
Niyera Davoodian (Vice Preside) $0 $0
Melania Palor (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,351
Expenses
$12,045
Net Income
$13,306
Net Assets
$194,175
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,000
27.6%
Program Services $0
Investment Income $5,223
20.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $955
3.8%
Sales of Assets $12,173
48.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $194,175
Total Liabilities $0
Net Assets $194,175
Compensation
Key Employees and Officers Compensation Related Other
Taline Hanna Koulloukian (President) $0 $0 $0
Ani Petrossian (2 Nd Vice Pre) $0 $0 $0
Lily Kazarians (1 St Vice Pre) $0 $0 $0
Antreas Hindoyan (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$28,116
Expenses
$16,973
Net Income
$11,143
Net Assets
$180,869
Notable Sources of Revenue Percent of Total Revenue
Contributions $27,000
96.0%
Program Services $0
Investment Income $5,163
18.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$5,722
Sales of Assets $1,675
6.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $180,869
Total Liabilities $0
Net Assets $180,869

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$29,059
Expenses
$16,464
Net Income
$12,595
Net Assets
$169,726
Notable Sources of Revenue Percent of Total Revenue
Contributions $13,000
44.7%
Program Services $0
Investment Income $3,425
11.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $9,036
31.1%
Sales of Assets $3,598
12.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $169,726
Total Liabilities $0
Net Assets $169,726

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,799
Expenses
$15,011
Net Income
-$212
Net Assets
$157,131
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,000
67.6%
Program Services $0
Investment Income $2,303
15.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,267
15.3%
Net Inventory Sales $0
Other Revenue $229
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $160,445
Total Liabilities $3,314
Net Assets $157,131

Document Links

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

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

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

Fiscal Year Ending Dec.
2006

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

Fiscal Year Ending Dec.
2005

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

Fiscal Year Ending Dec.
2004

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

Fiscal Year Ending Dec.
2003

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

Fiscal Year Ending Dec.
2002

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

Fiscal Year Ending Dec.
2001

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

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.

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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 »

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