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Nonprofit · EIN 20-1612098

YERAZART INC

Tax-exempt · WATERTOWN, MA 02472

Financials

$50K$65K2024
Revenue Expenses · by fiscal year end
Financials of YERAZART INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$50,004$65,404-$15,400$48,470–$48,470
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$50,000
Investment income
$4

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$2,894
Other expenses
$62,510
Program services (functional)
$62,510

Balance sheet and other

Total assets, start of year
$63,870
Total assets, end of year
$48,470
Total liabilities, end of year
–
Net assets, end of year
$48,470
Cash, savings and investments
$48,470
Gross receipts
$50,004

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
RAFFI FESTEKJIANPRESIDENT1$0
VAHE GHAHRAMANTREASURER1$0

Address and contacts

Address (IRS master file)
32 WARWICK RD, WATERTOWN, MA 02472-1238
In care of
% RAFFI FESTEKJIAN
Signed the 990-EZ
RAFFI FESTEKJIAN, PRESIDENT
Phone
(617) 653-7673
Return prepared by
BAYSTATE ACCOUNTING & TAXES INC

Mission

PROVIDE SUPPORT AND ENCOURAGEMENT OF EDUCATIONAL, PROFESSIONAL AND HUMANITARIAN PROGRAMS AND EDUCATION WHICH WILL SERVE THE MUSIC OF ARMENIA.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • DEVELOP AND IMPLEMENT PROGRAMS TO ENCOURAGE YOUNG MUSICIANS TO PERFORM.
    Expenses $62,510
  • CREATE A SUITABLE ENVIRONMENT FOR YOUNG MUSICIANS TO PERFORM.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
20-1612098
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2005
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$48,470
Income (IRS master file)
$50,004

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024–––IRS
990-EZDecember 2023$70,502$62,533$63,867IRS
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about YERAZART INC

What is the EIN of YERAZART INC?
The employer identification number (EIN) of YERAZART INC is 20-1612098.
Is YERAZART INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to YERAZART INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does YERAZART INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of YERAZART INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did YERAZART INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of YERAZART INC?
The 990-EZ for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does YERAZART INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $50,004, expenses of $65,404 and total assets of $48,470 at year end.

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