Nonprofit · EIN 82-5303346
NVAK INC
Tax-exempt · SANTA MONICA, CA 90405
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-EZ | $172,408 | $160,361 | $12,047 | $26,768 | $24,999 | $1,769 |
Financial details: 990-EZ for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $171,520
- Other revenue
- $888
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $6,080
- Professional fees and payments to contractors
- $70,522
- Occupancy
- $6,084
- Other expenses
- $77,675
- Program services (functional)
- $126,616
Balance sheet and other
- Total assets, start of year
- $21,680
- Total assets, end of year
- $26,768
- Total liabilities, end of year
- $24,999
- Net assets, end of year
- $1,769
- Cash, savings and investments
- $26,547
- Gross receipts
- $172,408
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, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TAMAR KAPRELIAN | FOUNDER | 5 | $0 |
| ROCHELLE HOLGUIN | DIRECTOR | 1 | $0 |
| LAUREN DAVIS | DIRECTOR | 1 | $0 |
| LAURA JALALIAN | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3435 OCEAN PARK BLVD, SANTA MONICA, CA 90405-3301
- In care of
- % TAMAR MARDIROSSIAN
- Signed the 990-EZ
- TAMAR KAPRELIAN, FOUNDER
- Phone
- (225) 505-3712
- Website
- WWW.NVAK.ORG
- Return prepared by
- BURKLAND ASSOCIATES LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 82-5303346 or by the name NVAK INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
NVAK (WHICH MEANS MUSIC IN ARMENIAN) IS A MUSIC EDUCATION PROGRAM WHOSE MISSION IS TO EDUCATE AND DEVELOP THE SKILLS OF YOUNG MUSICIANS LIVING IN COUNTRIES FACING SOCIAL,POLITICAL AND/OR ECONOMIC CHALLENGES.WE CONNECT OUR STUDENTS (AGES 14-30) WITH EDUCATORS AND PROFESSIONALS FROM THE MUSIC BUSINESS,USING MUSIC EDUCATION AS A WAY TO (1) BRING PEOPLE TOGETHER INTO DIALOGUE,(2) FOSTER ARTISTIC AND SOCIAL COLLABORATION AND (3) HELP OUR STUDENTS FIND CAREER GROWTH OPPORTUNITIES THAT WOULD OTHERWISE BE UNAVAILABLE TO THEM.
Program accomplishments
- IN 2015, BECAUSE OF THE WORK TAMAR WAS DOING IN THE U.S. MUSIC BUSINESS,SHE WAS GIVEN THE OPPORTUNITY TO SPEND EXTENDED AMOUNTS OF TIME IN YEREVAN,ARMENIA. DURING THOSE MONTHS, SHE GOT TO KNOW LOCAL CREATIVES AND REALIZED WHILE TALENT WAS EQUALLY DISTRIBUTED, OPPORTUNITY WAS NOT.THE ARMENIAN YOUTH POSSESSED HUGE AMOUNTS OF EMOTIONAL INTELLIGENCE; THEY WERE CURIOUS AND HUNGRY TO LEARN; THEY WANTED TO INTEGRATE INTO THE GLOBAL AND TECHNOLOGICALLY CONNECTED WORLD; AND THEY WANTED TO HAVE MORE ACCESS TO OPPORTUNITIES THAT WERE UNAVAILABLE TO THEM. TAMAR REALIZED THAT BECAUSE OF HER CONNECTIONS IN THE MUSIC INDUSTRY, AND THE PLATFORM SHE HAD IN THE COUNTRY, THERE WAS AN OPPORTUNITY FOR HER TO CREATE AN ORGANIZATION SUPER-SERVING TALENTED MUSICIANS IN ARMENIA. PRIOR TO NVAK, THERE WAS NO COLLABORATIVE, COHESIVE, VIBRANT, MODERN MUSIC COMMUNITY IN ARMENIA. YOUNG MUSICIANS WERE NOT PRODUCING OR RELEASING ORIGINAL MUSIC. THEY WERE NOT COLLABORATING AND WORKING WITH EACH OTHER. THEY WERE NOT PLAYING LIVE SHOWS. NO ONE KNEW WHAT AN OPEN-MIC-NIGHT WAS. NO ONE KNEW WHAT SONGWRITER CIRCLES WERE. THE MISSION WAS TO CREATE CHANGE AND TO WEAVE TOGETHER THE FRAGMENTED CREATIVE COMMUNITY. BY 2019, NVAK HAD SCALED TO 2 ADDITIONAL COUNTRIES;IMPACTING ARTISTS IN 3 DIFFERENT REGIONS(ARMENIA,ISRAEL,AND MALAWI)AND 6 DIFFERENT CULTURAL GROUPS; IN 2020, NVAK EVOLVED ITS EDUCATIONAL PROGRAMMING INTO A HYBRID IN-PERSON AND REMOTE LEARNING SYSTEM THAT CAN BE HELD YEAR-ROUND AND REACH ITS ENTIRE GLOBAL COMMUNITY OF 1,500 STUDENTS. THIS FLEXIBLE EDUCATION MODEL FITS THE NEEDS OF THE MODERN MUSIC STUDENT AND SIGNIFICANTLY EXPANDS NVAK'S IMPACT THROUGH MUSIC EDUCATION. WHAT ORIGINALLY STARTED AS A SUMMER PROGRAM IS NOW A YEAR-ROUND COMMUNITY AND FAMILY THAT PROVIDES FREE, HIGH-QUALITY, INCLUSIVE MUSIC EDUCATION FOR UNDER-SERVED MUSICIANS GLOBALLY.Expenses $61,380
- N/AExpenses $65,236
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 82-5303346
- 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
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A68)
- Assets (IRS master file)
- $26,768
- Income (IRS master file)
- $172,408
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2023 | $172,408 | $160,361 | $26,768 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 82-5303346).
Questions about NVAK INC
- What is the EIN of NVAK INC?
- The employer identification number (EIN) of NVAK INC is 82-5303346.
- Is NVAK INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to NVAK INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NVAK 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 NVAK 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 NVAK INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
- Who are the officers and directors of NVAK INC?
- The 990-EZ for the year ended December 31, 2023 lists 4 people; 0 received compensation from the organization.
- How much revenue does NVAK INC have?
- On its 990-EZ for the year ended December 31, 2023 it reported revenue of $172,408, expenses of $160,361 and total assets of $26,768 at year end.
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