A G B U Manoogian-Demirdjian School
- Assets
- $9.4m
- Revenue
- $13.7m
- Investments
- $0.0
- Employees
- 196
- Location
- Canoga Park, CA
- Founding
- 04/1977
- Data as of
- 07/2023
- EIN
- 95-3042495
Organization Overview
A G B U Manoogian-Demirdjian School is located in Canoga Park, CA. The organization was established in 1977. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 07/2023, A G B U Manoogian-Demirdjian School employed 196 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A G B U Manoogian-Demirdjian School 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 07/2023, A G B U Manoogian-Demirdjian School generated $13.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $12.6m during the year ending 07/2023. While expenses have increased by 9.2% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION FROM PRE-SCHOOL TO HIGH SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A.G.B.U. MANOOGIAN-DEMIRDJIAN SCHOOL WAS ESTABLISHED IN 1976. THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE K TO 12 EDUCATION, INCLUDING PRESCHOOL. IT SERVES OVER 950 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevork Zoryan Chairperson | Trustee | 4 | $0 |
Serge Sinanian Secretary | Trustee | 4 | $0 |
Hratch Tavidian Treasurer | Trustee | 4 | $0 |
Dr Vatche Agopian Advisor | Trustee | 4 | $0 |
Courtney Kassakhian Advisor | Trustee | 4 | $0 |
Dr Harmik Soukiasian Advisor | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $758,086 |
| Related organizations | $0 |
| Government grants | $472,263 |
| All other contributions, gifts, grants, and similar amounts not included above | $64,569 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,294,918 |
| Total Program Service Revenue | $11,832,846 |
| Investment income | $100,031 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $47,800 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $413,383 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,688,978 |
| 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 | $8,544,852 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $823,060 |
| Payroll taxes | $896,392 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $334,987 |
| Insurance | $206,562 |
| All other expenses | $113,927 |
| Total functional expenses | $12,620,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,481,481 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $362,777 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $25,091 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,477,331 |
| Investments—publicly traded securities | $5,470,215 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $576,632 |
| Total assets | $9,393,527 |
| Accounts payable and accrued expenses | $407,601 |
| Grants payable | $0 |
| Deferred revenue | $797,060 |
| 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 | $147,977 |
| Other liabilities | $179,666 |
| Total liabilities | $1,532,304 |
| Net assets without donor restrictions | $6,053,888 |
| Net assets with donor restrictions | $1,807,335 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $9,393,527 |