ARARAT HOME OF LOS ANGELES Charity Report

Public IRS 990 nonprofit record

ARARAT HOME OF LOS ANGELES

EIN 95-1809572 · Health Care (E910)

What they do

PROVIDE CARE for THE ELDERLY

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $96.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders31 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

90.72%of revenue went to mission work96.1% of expenses · Program services

0.31%of revenue went to fundraising0.3% of expenses

$94.38spent for every $100 of revenueRevenue covered expenses this year.

3.35%of revenue went to management and office costs3.6% of expenses

$1.76in assets for every $1 spent this yearSome assets cannot be spent right away.

7.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $338,374 for DERIK G GHOOKASIAN (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$62,041,839

Mission workProgram services$56,283,94390.72% of revenue96.1% of expenses

ManagementOffice and general costs$2,081,1833.35% of revenue3.6% of expenses

FundraisingAsking for donations$192,1170.31% of revenue0.3% of expenses

Revenue left after expensesReported annual surplus$3,484,5965.62% of revenueShown in gray on the chart

Total expenses$58,557,24394.38% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 96.1% mission · 3.6% management · 0.3% fundraisingTotal expenses: 94.38% of revenue

2023Expense mix: 98.1% mission · 1.6% management · 0.3% fundraisingTotal expenses: 97.19% of revenue

2022Expense mix: 97.7% mission · 1.8% management · 0.4% fundraisingTotal expenses: 100.58% of revenue

2021Expense mix: 98.3% mission · 1.4% management · 0.3% fundraisingTotal expenses: 91.65% of revenue

2020Expense mix: 98.2% mission · 1.4% management · 0.5% fundraisingTotal expenses: 90.76% of revenue

2019Expense mix: 97.6% mission · 1.2% management · 1.2% fundraisingTotal expenses: 83.65% of revenue

2018Expense mix: 97.9% mission · 1.0% management · 1.1% fundraisingTotal expenses: 91.92% of revenue

2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 83.11% of revenue

Money in and money out

Revenue$62,041,839

Expenses$58,557,243

Annual surplus $3,484,596 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$56,283,943 · 96.1% of expenses

Management and office costs$2,081,183 · 3.6% of expenses

Fundraising$192,117 · 0.3% of expenses

See all reported dollar amounts

Revenue$62,041,839

Expenses$58,557,243

Assets$102,841,181

Income$62,710,435

Contributions$4,497,433

Mission work (program services)$56,283,943

Fundraising$192,117

Management and general$2,081,183

Executive compensation (total)$1,072,380

Stocks and bonds$2,901,268

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DERIK G GHOOKASIANCEO · 40 hrs/week $338,374

SUSAN YERANIANDIRECTOR OF NURSING · 40 hrs/week $276,008

MARGARITA KECHICHIANADMINISTRATOR OF NURSING FACILITY · 40 hrs/week $262,695

RITA NORAVIANADMINISTRATOR RCFE · 40 hrs/week $182,039

VARSENIK KESHISHYANDOH · 40 hrs/week $118,254

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (31)

DERIK G GHOOKASIANCEO

SUSAN YERANIANDIRECTOR OF NURSING

MARGARITA KECHICHIANADMINISTRATOR OF NURSING FACILITY

RITA NORAVIANADMINISTRATOR RCFE

VARSENIK KESHISHYANDOH

SHAHE BOYADJIANTRUSTEE

PETER DARAKJIANSECRETARY

RAFI MARDIROSIANTRUSTEE

RICHARD JEBEJIANTRUSTEE

ROBERT TAYLORTRUSTEE

RON NAZELEYTRUSTEE

SARKIS BEDIKIANTRUSTEE

MICHAEL SURMEIAN CPATRUSTEE

SINAN SINANIANCHAIRMAN

TAKOOHI JOSEPHIANTRUSTEE

VATCHE BARDAKJIAN MDTRUSTEE

VICKY TUMIKYANDIRECTOR OF NURSING

NAZAR ASHJIAN CPATRUSTEE

ALEXIS GEVORGIANTRUSTEE

MAGGIE MANGASSARIAN-GOSCHINTRUSTEE

KOHAR MARDIROSSIAN PELTER RNTRUSTEE

JOSEPH KANIMIAN ESQTRUSTEE

JOSEPH G OUZOUNIAN MDTRUSTEE

H RAFFI BALIAN MDTRUSTEE

GARY KALOOSTIANTRUSTEE

DERIK GHOOKASIANCEO

DEBBIE AVEDIANASST SECRETARY

CHRISTINE KARAPETIANADMINISTRATOR

BERJ SHAHBAZIANTRUSTEE

ARAM YOUSSOUFIAN MDTRUSTEE

ANI DIKRANIANEXECUTIVE SECRETARY

About this charity

Recognized since: January 1953
Location: 15105 MISSION HILLS RD, MISSION HILLS, CA 91345-1103
County: Los Angeles
In care of: DERIK GHOOKASIAN
Primary officer: DERIK GHOOKASIAN, CEO

How to reach them

WebsiteVisit the charity’s website Emailderikg@ararathome.org Phone(818) 365-3000

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CALIFORNIA ACCOUNTANTS GROUP LLP
NTEE classification: Health Care (E910)
IRS tax category: Nursing Care Facilities (Skilled Nursing Facilities)