Ararat Cemetery Improvement Assn
- Assets
- $2.8m
- Revenue
- $820.8k
- Investments
- $0.0
- Employees
- 14
- Location
- Fresno, CA
- Founding
- 05/1944
- Data as of
- 12/2021
- EIN
- 94-0288240
Organization Overview
Ararat Cemetery Improvement Assn is located in Fresno, CA. The organization was established in 1944. According to its NTEE Classification (Y50) the organization is classified as: Cemeteries, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Ararat Cemetery Improvement Assn employed 14 individuals. This organization is the central organization for a national or regional group of organizations. Ararat Cemetery Improvement Assn is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.
For the year ending 12/2021, Ararat Cemetery Improvement Assn generated $820.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $474.6k during the year ending 12/2021. While expenses have increased by 6.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE, MAINTAIN, AND PROVIDE PERPETUAL CARE FOR THE LAND AND BUILDINGS OF THE HISTORIC MOUNT ARARAT AND MASIS ARARAT CEMETERIES OF FRESNO, CALIFORNIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SALES OF GRAVE SITES, PERFORMING BURIAL SERVICES, AND PERFORMING DAILY OPERATIONS AND MAINTENANCE OF THE ARARAT CEMETERY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Topoozian President | OfficerTrustee | 4 | $0 |
Philip Tavlian Secretary/treasurer | OfficerTrustee | 4 | $0 |
Brooke Ashjian Director | Trustee | 4 | $0 |
Meggin Boranian Director | Trustee | 4 | $0 |
Frank Balekian Director | Trustee | 4 | $0 |
Houry Sanderson Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $41,680 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,680 |
| Total Program Service Revenue | $546,677 |
| Investment income | $173,763 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $58,685 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $820,805 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $190,094 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,858 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,199 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,642 |
| Office expenses | $1,629 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,195 |
| Insurance | $23,175 |
| All other expenses | $64,648 |
| Total functional expenses | $474,574 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,730 |
| Savings and temporary cash investments | $451,917 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $304,657 |
| Investments—publicly traded securities | $1,898,291 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $76,719 |
| Total assets | $2,770,314 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $296,403 |
| Total liabilities | $296,403 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,473,911 |
| Total liabilities and net assets/fund balances | $2,770,314 |
Endowment Analysis
| Beg. Balance | $1,691,689 |
| Earnings | $192,804 |
| Admin Expense | $16,652 |
| Net Contributions | $30,650 |
| Ending Balance | $1,898,491 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Inglewood Park Cemetery Inglewood, CA | $130,344,376 | $67,506,169 |
Cypress Lawn Cemetery Association Colma, CA | $271,815,247 | $52,584,016 |
Archdiocese Of Los Angeles Funeral And Mortuary Services Corporation Los Angeles, CA | $30,136,780 | $29,345,768 |
Rose Hills Foundation Pasadena, CA | $511,695,651 | $15,435,772 |
Mountain View Cemetery Association Oakland, CA | $150,729,541 | $26,488,070 |
Oakwood Cemetery Assoc Of Los Angeles Chatsworth, CA | $32,333,790 | $4,712,167 |
Ivy Lawn Memorial Park & Funeral Home Ventura, CA | $29,284,891 | $5,901,568 |
Lone Tree Cemetery Association Hayward, CA | $25,265,393 | $4,472,728 |
Ontario Cementery Association Ontario, CA | $21,743,394 | $5,156,928 |
River View Cemetery Association Of Portland Portland, OR | $46,544,282 | $5,064,773 |
Oahu Cemetery Association Honolulu, HI | $5,077,744 | $2,543,708 |
Turlock Cemetery Association Turlock, CA | $28,654,901 | $5,486,142 |