Levon & Claudia Nazarian Family Foundation Inc
Only null% goes to programs Strong reserves Declining revenue
Levon & Claudia Nazarian Family Foundation Inc is a 501(c)(3) organization based in Cherry Hill, New Jersey, registered in 2002, with $429,282 in FY2024 revenue. CharityIndex grades it C+.
21 Cameo Ct, Cherry Hill, NJ, 08003 EIN 11-3587458 Since 2002
Revenue (FY2024)
$429K
▲ 137.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$418K
Net assets
$5.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Levon & Claudia Nazarian Family Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating152 mo reserves · +3% 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 Levon & Claudia Nazarian Family Foundation Inc: 152 mo reserves · +3% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Levon & Claudia Nazarian Family Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Levon & Claudia Nazarian Family Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 21 Cameo Ct, Cherry Hill, NJ, 08003
- City
- Cherry Hill
- State
- New Jersey
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $205K (FY2014) to $429K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $5.3M
Operating margin
2.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.3M
Total liabilities
$0
Net assets
$5.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $429,282▲138% | $417,914▲18.6% | $5,281,697▲0.2% | $5,281,697▲0.2% | 990PF |
| 2023 | $180,689▼33.6% | $352,483▼0.3% | $5,270,329▼3.2% | $5,270,329▼3.2% | 990PF |
| 2022 | $272,220▼54.6% | $353,568▲7.0% | $5,442,123▼1.5% | $5,442,123▼1.5% | 990PF |
| 2021 | $599,411▲201% | $330,565▲0.7% | $5,523,471▲5.1% | $5,523,471▲5.1% | 990PF |
| 2020 | $198,983▼17.4% | $328,206▲5.1% | $5,254,625▼2.4% | $5,254,625▼2.4% | 990PF |
| 2019 | $240,925▼52.7% | $312,280▲3.2% | $5,383,848▼1.3% | $5,383,848▼1.3% | 990PF |
| 2018 | $509,778▲81.8% | $302,734▼9.3% | $5,455,203▲3.9% | $5,455,203▲3.9% | 990PF |
| 2017 | $280,407▲8.3% | $333,603▼5.7% | $5,248,159▼1.0% | $5,248,159▼1.0% | 990PF |
| 2016 | $259,025▼75.8% | $353,624▼12.3% | $5,301,355▼1.8% | $5,301,355▼1.8% | 990PF |
| 2015 | $1,069,139▲422% | $403,213▲20.8% | $5,395,954▲14.1% | $5,395,954▲14.1% | 990PF |
| 2014 | $204,944 | $333,700▲529% | $4,730,028▼2.7% | $4,730,028▼2.7% | 990PF |
| 2012 | — | $53,016▼25.0% | $4,862,135▲4.6% | $4,862,135▲4.6% | 990PF |
| 2011 | — | $70,703▼33.6% | $4,647,261▲3.1% | $4,647,261▲3.1% | 990PF |
| 2010 | — | $106,450 | $4,506,248 | $4,506,248 | 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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Frequently asked questions
- Is Levon & Claudia Nazarian Family Foundation Inc a legitimate nonprofit?
- Yes. Levon & Claudia Nazarian Family Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 11-3587458, based in Cherry Hill, New Jersey. Donations are tax-deductible.
- What is Levon & Claudia Nazarian Family Foundation Inc's EIN?
- Levon & Claudia Nazarian Family Foundation Inc's Employer Identification Number (EIN) is 11-3587458.
- How much revenue does Levon & Claudia Nazarian Family Foundation Inc report?
- Levon & Claudia Nazarian Family Foundation Inc reported $429,282 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Levon & Claudia Nazarian Family Foundation Inc have?
- CharityIndex grades Levon & Claudia Nazarian Family Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Levon & Claudia Nazarian Family Foundation Inc (EIN 11-3587458) 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.