NonprofitsHovnanian School Inc

Education

Hovnanian School Inc

NEW MILFORD, NJ

Total revenue

$4.6M

Total expenses

$3.8M

Net assets

$9.3M

Grants received

$3.4M

34 grants

EIN

222126689

Tax year

2023

Mission

The mission of hovnanian school is to preserve and elevate the armenian community by creating generations of well-rounded and globally-minded leaders through an education focused on academic excellence, multi-lingual expression, emotional intelligence, and a rich armenian-american identity.

Financials

FY 2023

Revenue

Contributions & grants$760K
Program service revenue$2.8M
Investment income$651K
Other revenue$418K
Total revenue$4.6M

Expenses

Grants paid
Salaries & benefits$2.6M
Fundraising$152K
Other expenses$1.2M
Total expenses$3.8M
Total assets$11.0M
Net assets$9.3M

People

29 listed

NameRoleCompensation

STEPHANIE TOROSSIAN

PRINCIPAL

Board

$55K

40 hrs/wk

SIRANOUSH DERVOGORMIYACIYAN

SECRETARY

Board

2 hrs/wk

VICKEN ARSLANIAN

ADVISOR

Board

2 hrs/wk

LENA DEROHANNESSIAN

VICE CHAIR

Board

2 hrs/wk

BERTA ZAKIAN

ADVISOR

Board

2 hrs/wk

AVAK UZATMACIYAN

EXECUTIVE

Board

2 hrs/wk

KAREN NARGIZIAN

EXECUTIVE

Board

2 hrs/wk

CHRIS ISAKHANIAN

EXECUTIVE TREASURER

Board

2 hrs/wk

HRATCH KAPRIELIAN

ADVISOR

Board

2 hrs/wk

KIRK KAZAZIAN

ADVIDOR

Board

2 hrs/wk

KRISTINE CASALI

ADVISOR

Board

2 hrs/wk

KAROLIN CAKIRDAS

ADVISOR

Board

2 hrs/wk

JEREMY CUTLER

ADVISOR

Board

2 hrs/wk

ANI SHABAZIAN

ADVISOR

Board

2 hrs/wk

NAZAR ALTUN ESQ

CHAIRMAN

Board

2 hrs/wk

SONYA BEKARIAN

GRANTS COMMITTEE REP

Board

2 hrs/wk

LORI SEMERCIYAN

ALUMNI REP

Board

2 hrs/wk

TALINE CHALIAN

PTO CO-CHAIR

Board

2 hrs/wk

MELINE TOUFAYAN

PTO CO-CHAIR

Board

2 hrs/wk

ANAHID GARMIRYAN

EMERITUS

Board

2 hrs/wk

SHANT HOVNANIAN

EMERITUS

Board

2 hrs/wk

HARRY TOUFAYAN

EMERITUS

Board

2 hrs/wk

GREGORY T SIMONIAN

EMERITUS

Board

2 hrs/wk

HAGOP BAGHDADLIAN

EMERITUS

Board

2 hrs/wk

SARKIS BEDEVIAN

EMERITUS

Board

2 hrs/wk

JOAN RIVITZ

EMERITUS

Board

2 hrs/wk

SARKIS OHANNESSIAN

EMERITUS

Board

2 hrs/wk

GREGORY KINOIAN

EMERITUS

Board

2 hrs/wk

HERA MAKHOULIAN

FACULTY REP

Board

2 hrs/wk

Grants received

Showing 34 of 34

FromAmountPurposeYear
$4K
SUPPORT ORGANIZATION'S PROGRAMS & ACTIVITIES
2024
$1M
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2023
$60K
$1,220 MAINTENANCE FOR THE PLAYGROUND; $58,780 FINANCIAL AID AND SCHOLARSHIPS
2023
$10K
CHARITABLE DONATION
2023
$10K
EDUCATIONAL
2023
$4K
SUPPORT ORGANIZATION'S PROGRAMS & ACTIVITIES
2023
$1K
PROGRAM/OPERATING SUPPORT
2023
$500
PROGRAM/OPERATING SUPPORT
2023
$400
PROGRAM/OPERATING SUPPORT
2023
$250
PROGRAM/OPERATING SUPPORT
2023
$250
CHARITABLE
2023
$1M
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2022
$51K
$1,220 MAINTENANCE FOR THE PLAYGROUND; $50,000 FINANCIAL AID AND SCHOLARSHIPS
2022
$5K
EDUCATIONAL
2022
$4K
SUPPORT ORGANIZATION'S PROGRAMS & ACTIVITIES
2022
$1K
PROGRAM/OPERATING SUPPORT
2022
$1M
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2021
$51K
$1,220 MAINTENANCE FOR THE PLAYGROUND; $50,000 FINANCIAL AID AND SCHOLARSHIPS
2021
$25K
EDUCATIONAL
2021
$51K
$1,220 MAINTENANCE FOR THE PLAYGROUND; $50,000 FINANCIAL AID AND SCHOLARSHIPS
2020
$8K
General Support
2020
$36K
$1,220 MAINTENANCE FOR THE PLAYGROUND; $35,000 FINANCIAL AID AND SCHOLARSHIPS.
2018
$17K
For grant recipient's exempt purposes
2018
$200
ADVANCEMENT OF EDUCATION
2017

Funded by

$3.4M from 16 funders · 34 grants · 2017–2024

The H Hovnanian Family Foundation

$3M · 3 grants · 2021–2023

Herman & Mary K Seibel Charitable

$250K · 5 grants · 2018–2023

American Online Giving Foundation Inc

$32K · 3 grants · 2019–2024

The Sarkis And Ruth Bedevian

$25K · 1 grant · 2021

W M Pitkin Foundation Inc

$15K · 2 grants · 2022–2023

Northlight Foundation Inc

$12K · 3 grants · 2022–2024

Details

EIN222126689
NTEE codeB24Z
Subsection03
Ruling date1977-02
Formed1976
Employees60
Volunteers0
HOVNANIAN SCHOOL INC — Mission, Financials & Grants Received | Grantivo