Ararat Home of Los Angeles Inc
96% goes to programs $4 to raise $100 Strong reserves Growing revenue
Ararat Home of Los Angeles Inc is a 501(c)(3) organization based in Mission Hills, California, registered in 1953, with $62,041,839 in FY2024 revenue. CharityIndex grades it A, and it directs about 96% of spending to programs.
15105 Mission Hills Rd, Mission Hills, CA, 91345 EIN 95-1809572 Since 1953
Revenue (FY2024)
$62.0M
▲ 17.1% vs prior year
Health median: $840K
Expenses (FY2024)
$58.6M
Net assets
$88.8M
Employees
758
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating96% to programs · $4 to raise $100
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. For Ararat Home of Los Angeles Inc: 96% to programs · $4 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating18 mo reserves · +6% margin
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 Ararat Home of Los Angeles Inc: 18 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
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. For Ararat Home of Los Angeles Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
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 Ararat Home of Los Angeles Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Provide care for the elderly
What they do
Provided approximately 104,735 patient days of nursing & residential care to the elderly.
Contact & location
- Address
- 15105 Mission Hills Rd, Mission Hills, CA, 91345
- City
- Mission Hills
- State
- California
- Category
- Health Care
- Subcategory
- Nursing & Home Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $19.3M (FY2013) to $62.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $14.1MNet assets $88.8M
Operating margin
5.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$102.8M
Total liabilities
$14.1M
Net assets
$88.8M
Salaries & benefits
$35.4M
60% of expenses
Board members
22
22 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $62,041,839▲17.1% | $58,557,243▲13.7% | $88,785,718▲4.1% | $102,841,181▲2.4% | 990 |
| 2023 | $53,003,410▲35.7% | $51,514,816▲31.2% | $85,301,122▲4.0% | $100,471,407▲17.8% | 990 |
| 2022 | $39,048,717▲2.8% | $39,276,593▲12.9% | $82,054,749▼5.3% | $85,270,295▼4.7% | 990 |
| 2021 | $37,967,364▲2.8% | $34,798,667▲3.8% | $86,681,854▲6.0% | $89,509,346▲4.6% | 990 |
| 2020 | $36,945,365▼1.7% | $33,532,713▲6.7% | $81,813,358▲6.7% | $85,608,105▲7.4% | 990 |
| 2019 | $37,570,799▲13.9% | $31,427,949▲3.6% | $76,687,779▲12.0% | $79,679,214▲11.0% | 990 |
| 2018 | $32,990,878▼3.2% | $30,323,803▲7.0% | $68,472,887▲1.4% | $71,803,712▲0.1% | 990 |
| 2017 | $34,085,012▲3.5% | $28,328,900▲6.2% | $67,514,790▲11.3% | $71,756,704▲11.0% | 990 |
| 2016 | $32,928,309▼3.2% | $26,669,515▲8.4% | $60,661,401▲13.2% | $64,651,979▲12.3% | 990 |
| 2015 | $34,009,946▲33.1% | $24,608,056▲6.4% | $53,568,049▲18.3% | $57,567,549▲15.3% | 990 |
| 2014 | $25,545,132▲32.0% | $23,130,752▲29.3% | $45,283,500▲5.3% | $49,919,711▲6.1% | 990 |
| 2013 | $19,345,410 | $17,883,269▲3.3% | $43,013,994▲6.6% | $47,071,807▲4.5% | 990 |
| 2012 | — | $17,305,682▲3.3% | $40,354,663▲11.2% | $45,058,664▲9.3% | 990 |
| 2011 | — | $16,760,629▲6.9% | $36,286,772▲2.9% | $41,206,188▲2.3% | 990 |
| 2010 | — | $15,675,482 | $35,264,240 | $40,263,329 | 990 |
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.
Leadership & compensation (FY2024)
Highest-paid: Derik G Ghookasian — $338,374 (0.58% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Derik G Ghookasian | Ceo | 40 | $338,374 |
| Susan Yeranian | Director of Nursing | 40 | $276,008 |
| Margarita Kechichian | Administrator of Nursing Facility | 40 | $262,695 |
| Rita Noravian | Administrator Rcfe | 40 | $182,039 |
| Varsenik Keshishyan | Doh | 40 | $118,254 |
| Alexis Gevorgian | Trustee | 0 | — |
| Ani Dikranian | Executive Secretary | 40 | — |
| Aram Youssoufian Md | Trustee | 0 | — |
| Berj Shahbazian | Trustee | 0 | — |
| Christine Karapetian | Administrator | 40 | — |
| Debbie Avedian | Asst Secretary | 0 | — |
| Derik Ghookasian | Ceo | 40 | — |
| Gary Kaloostian | Trustee | 0 | — |
| H Raffi Balian Md | Trustee | 0 | — |
| Joseph G Ouzounian Md | Trustee | 0 | — |
| Joseph Kanimian Esq | Trustee | 0 | — |
| Kohar Mardirossian Pelter Rn | Trustee | 0 | — |
| Maggie Mangassarian-goschin | Trustee | 0 | — |
| Michael Surmeian CPA | Trustee | 0 | — |
| Nazar Ashjian CPA | Trustee | 0 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Interface Rehab Inc | Rehab Services | $2,549,742 |
| California Department of Health Care Servies | Senior Cares | $2,092,358 |
| Sysco Ventura | Food and Supplies | $589,419 |
| Mission Linen Supply | Linen and Uniform Service | $275,595 |
| Skillend Nursing Pharmacy | Pharmacy | $119,217 |
Grants received · $209K total
11 grants to Ararat Home of Los Angeles Inc totaling $209K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Health | 2023 | $14,800 |
| The Blackbaud Giving Fund | General support | 2022 | $5,922 |
| National Philanthropic Tr | Health | 2021 | $10,000 |
| Donor Advised Charitable Giving | Health | 2020 | $23,800 |
| Donor Advised Charitable Giving | Health | 2020 | $23,800 |
| National Philanthropic Tr | Health | 2019 | $20,000 |
| Donor Advised Charitable Giving | Health | 2019 | $11,300 |
| Donor Advised Charitable Giving | Health | 2018 | $64,500 |
| Donor Advised Charitable Giving | Health & human services | 2016 | $6,000 |
| Donor Advised Charitable Giving | Health & human services | 2015 | $8,500 |
| National Philanthropic Tr | Health | 2014 | $20,000 |
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Frequently asked questions
- Is Ararat Home of Los Angeles Inc a legitimate nonprofit?
- Yes. Ararat Home of Los Angeles Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-1809572, based in Mission Hills, California. Donations are tax-deductible.
- What is Ararat Home of Los Angeles Inc's EIN?
- Ararat Home of Los Angeles Inc's Employer Identification Number (EIN) is 95-1809572.
- How much revenue does Ararat Home of Los Angeles Inc report?
- Ararat Home of Los Angeles Inc reported $62,041,839 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Ararat Home of Los Angeles Inc's spending goes to programs?
- Ararat Home of Los Angeles Inc spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Ararat Home of Los Angeles Inc have?
- CharityIndex grades Ararat Home of Los Angeles Inc A, based on program efficiency and fundraising cost.
- How much does Ararat Home of Los Angeles Inc's highest-paid employee make?
- The highest reported compensation on Ararat Home of Los Angeles Inc's latest Form 990 is $338,374, paid to Derik G Ghookasian (Ceo).
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Data for Ararat Home of Los Angeles Inc (EIN 95-1809572) 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.