Alan K and Isabelle Derkazarian Foundation is a 501(c)(3) organization based in Belmont, Massachusetts, registered in 2006, with $436,710 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$437K
▼ 3.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$340K
Net assets
$1.4M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Alan K and Isabelle Derkazarian Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Alan K and Isabelle Derkazarian Foundation: 49 mo reserves · +22% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Alan K and Isabelle Derkazarian Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Alan K and Isabelle Derkazarian Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $26K (FY2013) to $437K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
22.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$1,664
Net assets
$1.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $436,710▼3.3% | $339,861▲34.5% | $1,398,321▲7.4% | $1,399,985▲7.4% | 990PF |
| 2023 | $451,621▲13.9% | $252,657▼18.2% | $1,301,472▲18.0% | $1,302,933▲18.1% | 990PF |
| 2022 | $396,388▲23.0% | $308,725▲38.3% | $1,102,508▲8.6% | $1,103,258▲8.6% | 990PF |
| 2021 | $322,291▲33.7% | $223,197▲52.6% | $1,014,845▲10.8% | $1,015,595▲10.8% | 990PF |
| 2020 | $241,053▲60.8% | $146,306▲26.6% | $915,751▲11.5% | $916,501▲11.6% | 990PF |
| 2019 | $149,928▼22.9% | $115,537▲45.8% | $821,004▲4.4% | $821,004▲4.4% | 990PF |
| 2018 | $194,466▲43.7% | $79,250▲28.8% | $786,613▲17.2% | $786,613▲17.2% | 990PF |
| 2017 | $135,298▲57.1% | $61,529▲22.9% | $671,397▲12.3% | $671,397▲12.3% | 990PF |
| 2016 | $86,096▲121% | $50,054▲2.5% | $597,628▲6.4% | $597,628▲6.4% | 990PF |
| 2015 | $38,993▲55.5% | $48,824▲37.0% | $561,586▼1.7% | $561,586▼1.7% | 990PF |
| 2014 | $25,072▼5.0% | $35,630▲1.8% | $571,417▼1.8% | $571,417▼1.8% | 990PF |
| 2013 | $26,381 | $35,013▲169% | $581,975▼3.4% | $581,975▼3.4% | 990PF |
| 2011 | — | $13,030▼53.2% | $602,447▲0.4% | $602,447▲0.4% | 990PF |
| 2010 | — | $27,818 | $600,312 | $600,312 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Alan K and Isabelle Derkazarian Foundation (EIN 02-0762484) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.