Alan K And Isabelle Derkazarian Foundation

Alan K And Isabelle Derkazarian Foundation shows consistent revenue growth and asset accumulation with no reported officer compensation.

EIN: 20762484 · Belmont, MA · NTEE: T20 · Updated: 2026-03-28

$491KRevenue

$1.4MAssets

88/100Mission Score (Excellent)

T20

About Alan K And Isabelle Derkazarian Foundation

Alan K And Isabelle Derkazarian Foundation (EIN: 20762484) is a nonprofit organization based in Belmont, MA, classified under NTEE code T20. The organization reported total revenue of $491K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alan K And Isabelle Derkazarian Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Alan K And Isabelle Derkazarian Foundation demonstrates consistent growth in revenue and assets over the past decade, indicating a stable financial trajectory. In the latest filing (202312), the organization reported revenue of $451,621 against expenses of $252,657, resulting in a significant surplus that contributes to its growing asset base of $1,302,933. This consistent surplus generation suggests effective financial management and a strong capacity to build reserves.

The foundation's spending efficiency appears robust, with expenses consistently lower than revenue. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health is positive. The absence of officer compensation reported across all filings indicates a volunteer-led or very lean operational structure, which can contribute to higher program spending efficiency. However, without detailed expense categories, a precise assessment of spending efficiency across different functions is limited.

Transparency is generally good given the availability of 990 filings. The consistent reporting of zero officer compensation is a positive indicator of resource allocation. To further enhance transparency, a more detailed breakdown of expenses beyond total expenses would be beneficial for external stakeholders to understand how funds are allocated between programs, administration, and fundraising efforts.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Alan K And Isabelle Derkazarian Foundation with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Alan K And Isabelle Derkazarian Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for resource allocation.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Alan K And Isabelle Derkazarian Foundation's IRS 990 filings:

Lack of detailed expense breakdown in summary data prevents precise program efficiency analysis

Strengths

The following positive indicators were identified for Alan K And Isabelle Derkazarian Foundation:

Consistent revenue growth, from $15,165 in 2011 to $451,621 in 2023.
Significant asset accumulation, growing from $602,447 in 2011 to $1,302,933 in 2023.
Zero reported officer compensation across all filings, indicating efficient use of funds.
Consistent financial surpluses, with revenue exceeding expenses in most periods.
Stable financial operations over a long period (10 filings available).

Frequently Asked Questions about Alan K And Isabelle Derkazarian Foundation

Is Alan K And Isabelle Derkazarian Foundation a good charity?

Based on the available financial data, the foundation appears to be a financially healthy and well-managed organization. It consistently generates surpluses, grows its assets, and reports no officer compensation, suggesting a strong commitment to its mission. However, without detailed program expense breakdowns, it's difficult to fully assess its programmatic impact.

How has the foundation's financial health changed over time?

The foundation has shown significant financial growth. Revenue increased from $15,165 in 2011 to $451,621 in 2023, and assets grew from $602,447 to $1,302,933 over the same period, indicating strong and sustained financial development.

What is the trend in the foundation's expenses?

Expenses have increased in line with revenue growth, from $13,030 in 2011 to $252,657 in 2023. However, expenses have consistently remained lower than revenue, allowing for asset accumulation.

Filing History

IRS 990 filing history for Alan K And Isabelle Derkazarian Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Alan K And Isabelle Derkazarian Foundation's revenue has grown by 2878%, moving from $15K to $452K. Total assets increased by 116.3% over the same period, from $602K to $1.3M. Total functional expenses rose by 1839%, from $13K to $253K. In its most recent filing year (2023), Alan K And Isabelle Derkazarian Foundation reported a surplus of $199K, with revenue exceeding expenses. The organization holds $1K in liabilities against $1.3M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$452K	$253K	$1.3M	$1K	—	View 990
2022	$396K	$309K	$1.1M	$750	—	View 990
2021	$322K	$223K	$1.0M	$750	—	View 990
2020	$241K	$146K	$917K	$750	—	—
2019	$150K	$116K	$821K	$1	—	View 990
2015	$39K	$49K	$562K	$1	—	View 990
2014	$25K	$36K	$571K	$1	—	View 990
2013	$26K	$35K	$582K	$1	—	View 990
2012	$18K	$30K	$591K	$0	—	View 990
2011	$15K	$13K	$602K	$1	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $452K, expenses of $253K, and assets of $1.3M (revenue +13.9% year-over-year).
2022: Revenue of $396K, expenses of $309K, and assets of $1.1M (revenue +23.0% year-over-year).
2021: Revenue of $322K, expenses of $223K, and assets of $1.0M (revenue +33.7% year-over-year).
2020: Revenue of $241K, expenses of $146K, and assets of $917K (revenue +60.8% year-over-year).
2019: Revenue of $150K, expenses of $116K, and assets of $821K (revenue +284.5% year-over-year).
2015: Revenue of $39K, expenses of $49K, and assets of $562K (revenue +55.5% year-over-year).
2014: Revenue of $25K, expenses of $36K, and assets of $571K (revenue -5.0% year-over-year).
2013: Revenue of $26K, expenses of $35K, and assets of $582K (revenue +44.1% year-over-year).
2012: Revenue of $18K, expenses of $30K, and assets of $591K (revenue +20.7% year-over-year).
2011: Revenue of $15K, expenses of $13K, and assets of $602K.

Data Sources and Methodology

This transparency report for Alan K And Isabelle Derkazarian Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.