Nonprofit · EIN 99-2609630
LAVITA COMMUNITY FINANCIAL ORGANIZATION
Tax-exempt · LOS ANGELES, CA 90015
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 (amended) | $179,990 | $117,921 | $62,069 | $63,216 | $1,147 | $62,069 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $80,000
- Program service revenue
- $99,990
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $67,164
- Salaries, compensation and benefits (total)
- $67,963
- Professional fundraising fees
- $0
- Travel
- $408
- Program services (functional)
- $104,722
- Management and general (functional)
- $8,542
- Fundraising (functional)
- $4,657
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $63,216
- Total liabilities, end of year
- $1,147
- Net assets, end of year
- $62,069
- Net assets without donor restrictions
- $62,069
- Gross receipts
- $179,990
- Employees
- 2
- Volunteers
- 25
- Year formed
- 2024
- State of legal domicile
- CA
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ARAGAS MANDANI | Executive Dir. Trustee or director, Officer | 40 | $37,564 |
| JAVIER OSORIO | COO Trustee or director, Officer | 40 | $29,600 |
| LOUISINEH HOVSEPIAN | CFO Trustee or director, Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 1835 S HOPE ST, LOS ANGELES, CA 90015-4101
- Mailing address (990-N for 2024)
- 1835 S Hope St, Los Angeles CA 90015
- Principal officer (990-N for 2024)
- Lousineh Hovsepian, 10852 Woodward Ave, Sunland CA 91040
- Signed the 990
- ARAGAS MANDANI, Executive Dir.
- Phone
- (818) 645-6300
- Website
- lavitacf.org
- Return prepared by
- GREGG S BOSSEN CPA PC
California records
California keeps its own records of charities and corporations. Search them by EIN 99-2609630 or by the name LAVITA COMMUNITY FINANCIAL ORGANIZATION.
- 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
LAVITA CFOs primary program provides free individual income tax return preparation services for low- to moderate-income individuals and families in the Los Angeles region. Services are delivered by trained and IRS-certified volunteers and are provided at no cost to participants.
Program accomplishments
- LAVITA CFOs primary program provides free individual income tax return preparation services for low- to moderate-income individuals and families in the Los Angeles region. Services are delivered by trained and IRS-certified volunteers and are provided at no cost to participants.The organization recruits volunteers from the community and provides structured training in individual tax preparation, including assistance with obtaining required certifications. Volunteers prepare tax returns under established quality control procedures to ensure accuracy and compliance.LAVITA CFO also provides tax preparation training to staff of nonprofit organizations, financial institutions, and government agencies upon request, to support their capacity to serve the public.In addition to tax services, LAVITA CFO offers financial coaching to individuals in the Los Angeles area, focusing on budgeting, savings, credit education, and financial goal setting.These activities support financial stability and access to essential financial services for underserved populations.Expenses $104,722 · grants $104 · revenue $99,990
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-N on file |
| 2023 | June 30, 2024 | November 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-2609630
- 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
- 2024
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $63,216
- Income (IRS master file)
- $179,990
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2024 Officer: Lousineh Hovsepian | June 30, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | June 2025 | $179,990 | $117,921 | $63,216 | XML |
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 99-2609630).
Questions about LAVITA COMMUNITY FINANCIAL ORGANIZATION
- What is the EIN of LAVITA COMMUNITY FINANCIAL ORGANIZATION?
- The employer identification number (EIN) of LAVITA COMMUNITY FINANCIAL ORGANIZATION is 99-2609630.
- Is LAVITA COMMUNITY FINANCIAL ORGANIZATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to LAVITA COMMUNITY FINANCIAL ORGANIZATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAVITA COMMUNITY FINANCIAL ORGANIZATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of LAVITA COMMUNITY FINANCIAL ORGANIZATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAVITA COMMUNITY FINANCIAL ORGANIZATION last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2024 for the year ended June 30, 2025.
- Who is the principal officer of LAVITA COMMUNITY FINANCIAL ORGANIZATION?
- The 990-N for 2024 names Lousineh Hovsepian.
- Who are the officers and directors of LAVITA COMMUNITY FINANCIAL ORGANIZATION?
- The 990 for the year ended June 30, 2025 lists 3 people; 2 received compensation from the organization, the highest $37,564 (ARAGAS MANDANI, Executive Dir.).
- How much revenue does LAVITA COMMUNITY FINANCIAL ORGANIZATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $179,990, expenses of $117,921 and total assets of $63,216 at year end.
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