Hyeid is located in Glendale, CA. The organization was established in 2017. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hyeid is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Hyeid generated $12.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $21.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION IS BUILDING A NETWORK OF LIKE MINDED PEOPLE TO FURTHER THE MISSION OF CARRYING OUT CULTURAL AND HUMANITARIAN PROJECTS WOLRDWIDE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harut Sassounian Chairman | 5 | $0 | |
Razmik Gharakhanian Secretary | 0 | $0 | |
Hagop Nazarian Vice Chair | 0 | $0 | |
Levon Thorose Vice Chair | 0 | $0 | |
Aram Ter-Martirosyan Board Member | 0 | $0 | |
John Shirajian Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,727 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,727 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $5,500 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,592 |
| Total expenses | $21,092 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,492 |
| Other assets | $0 |
| Total assets | $27,207 |
| Total liabilities | $57,700 |
| Net assets or fund balances | -$30,493 |