Sastic is located in Los Angeles, CA. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sastic 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, Sastic generated $91.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $6.0k 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
SASTIC'S BIGGEST ACCOMPLISHMENT IN 2022 WAS THE PLANNING THE DEVELOPMENT OF 3D IMPLANTS TO BOTH HELP DEVELOP LEADING EDGE TECHNOLOGY IN THE REGION TO PROVIDE DISABLED PERSONS ACCESS TO SKELETAL AND FACIAL IMPLANTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Armen Khachatryan Chief Executive Officer | 5 | $0 | |
Paytsar Muradyan Secretary | 5 | $0 | |
Armen Poghosyan Chief Financial Officer, Treasurer | 5 | $0 | |
Karen Hayrapetyan Vice President, Director | 5 | $0 | |
Ruben Hakopian Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $91,005 |
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 | $91,005 |
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 | $3,396 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,630 |
Total expenses | $6,026 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $91,822 |
Other assets | $0 |
Total assets | $91,822 |
Total liabilities | $0 |
Net assets or fund balances | $91,822 |