2024-05-14T15:33:31-05:00 2023-06-30 933292005 SAVASTANO KAUFMAN ADVISORS LLC 21-00 ROUTE 208 SOUTH SUITE120 FAIR LAWN NJ 07410 990 2022-07-01 222126689 HOVNANIAN SCHOOL INC HOVN 2019675940 817 RIVER ROAD NEW MILFORD NJ 07646 HILDA BARONIAN COMPTROLLER 2019675940 2024-05-14 1 HILDA BARONIAN 999009999 0 BRETT A REA CPA P00089027 2017967300 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z HILDA BARONIAN 817 RIVER ROAD NEW MILFORD NJ 07646 3682103 0 X HOVNANIANSCHOOLS.ORG X 1976 NJ TO PROVIDE INSTRUCTION TO ENROLLED STUDENTS AND ENRICH THEM WITH THE ARMENIAN CULTURE AND HISTORY. 20 20 63 0 53857 52857 7848955 388762 2174220 2250948 67759 280511 189517 360012 10280451 3280233 0 0 0 0 2193622 2201201 0 0 136309 1279492 1278960 3473114 3480161 6807337 -199928 10637594 10410434 1863997 1840864 8773597 8569570 TO PROVIDE INSTRUCTION TO ENROLLED STUDENTS AND ENRICH THEM WITH THE ARMENIAN CULTURE AND HISTORY. 0 0 2744245 2250948 DAYTIME INSTRUCTION GIVEN TO APPROXIMATELY 131 STUDENTS, INCLUDING REGULAR PUBLIC SCHOOL CURRICULUM WITH ADDITIONAL ARMENIAN LANGUAGE AND HISTORY CLASSES. 2744245 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 38 7 1 63 1 1 1 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 NJ X THE HOVNANIAN SCHOOL 2019675940 817 RIVER ROAD NEW MILFORD NJ 07646 NAZAR ALTUN ESQ CHAIRMAN 2.00 X 0 0 0 SIRANOUSH DERVOGORMIYACIYAN VICE-CHAIRMAN 2.00 X 0 0 0 VICKEN ARSLANIAN ADVISOR 2.00 X 0 0 0 LENA DEROHANNESSIAN SECRETARY 2.00 X 0 0 0 BERTA ZAKIAN ADVISOR 2.00 X 0 0 0 AVAK UZATMACIYAN ADVISOR 2.00 X 0 0 0 CHRIS ISAKHANIAN TREASURER 2.00 X 0 0 0 ROBERT GARIPIAN ADVISOR 2.00 X 0 0 0 HRATCH KAPRIELIAN ADVISOR 2.00 X 0 0 0 KAREN NARGIZIAN ADVISOR 2.00 X 0 0 0 KRISTINE CASALI ADVISOR 2.00 X 0 0 0 GREGORY T SIMONIAN ADVISOR 2.00 X 0 0 0 SHANT MADJARIAN ADVISOR 2.00 X 0 0 0 LEVON TEMIZ ADVISOR 2.00 X 0 0 0 GREGORY KINOIAN ADVISOR 2.00 X 0 0 0 KIRK KAZAZIAN ADVISOR 2.00 X 0 0 0 KAROLIN CAKIRDAS ADVISOR 2.00 X 0 0 0 JEREMY CUTLER ADVISOR 2.00 X 0 0 0 ANI SHABAZIAN ADVISOR 2.00 X 0 0 0 CHRISTOPHER S SARAFIAN ACTING HEAD OF SCHOOL 40.00 X 89870 0 0 89870 0 0 0 0 0 0 0 47871 340891 64077 388762 TUITION /REGISTRATION 611710 1761658 1761658 PROGRAM OTHER 611710 489290 489290 2250948 51035 51035 60458 6601 53857 53857 53857 624745 395269 229476 229476 229476 306155 0 306155 306155 3280233 2250948 53857 586666 X 89125 89125 1885660 1489891 395769 58361 46665 11696 168055 134375 33680 30311 30311 500 500 17036 11755 5281 66367 45793 20574 63562 43858 19704 138189 138189 45695 31530 14165 146463 131817 14646 132466 119219 13247 BUILDING REPAIRS & MAIN 142365 128129 14236 FUNDRAISING AND SPECIAL 136309 136309 EXPENSES FOR OTHER PROG 94333 94333 UTILITIES 74771 67294 7477 190593 172272 18321 3480161 2744245 599607 136309 665152 266379 5293608 3737940 85971 60643 3378 3306 30405 31330 5158757 2893048 2360456 2265709 2198624 4045127 10637594 10410434 356806 358514 149701 255180 1357490 1225517 0 1653 1863997 1840864 X 1773331 1886693 7000266 6682877 8773597 8569570 10637594 10410434 -199928 8292 -12391 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3408838 1985319 1423519 1323967 549669 774298 314323 246431 67892 111629 111629 0 2265709 KAZAZIAN CAPITAL OFFSHORE FUND 850668 F UBS FINANCIAL SERVICES 3194459 F 4045127 1178 SECURITY DEPOSIT 475 1653 X 3288525 8292 8292 3280233 0 3280233 3480161 0 3480161 0 3480161 PART X, LINE 2: THE SCHOOL FOLLOWS THE ACCOUNTING STANDARDS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES WHICH PERMIT IT TO RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN INCOME TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THROUGH THE YEAR ENDED JUNE 30, 2023, MANAGEMENT IS OF THE OPINION THAT THERE ARE NO UNCERTAIN INCOME TAX POSITIONS. ACCORDINGLY, THE SCHOOL HAS RECOGNIZED NO ADJUSTMENT FOR UNCERTAIN INCOME TAX POSITIONS IN THE STATEMENT OF ACTIVITIES. 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 AT THE BEGINNING OF EVERY ACADEMIC YEAR, ADVERTISEMENTS ARE PLACED IN LOCAL NEWSPAPERS. SCHEDULE E, PART I, LINE 4 NO RECORDS NEEDED, NO SCHOLARSHIPS AND ASSISTANCE AWARDED. PARENT PARTICIPATION 98496 98496 OTHER COMMITTEE AND SPECIAL EVENTS 207659 207659 306155 306155 306155 X 0 0 0 0 0 0 0 0 0 X 1 10082 QUOTED MARKET PRICE X FLOORING INVENTORY 1 5975 MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW BEFORE IT IS SIGNED AND SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 CAN BE ACCESSED UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES AVAILABLE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS UPON REQUEST. IT PUBLISHES THE AVAILABILITY OF THESE DOCUMENTS IN AN ADVERTISEMENT IN AN ACCEPTABLE PUBLICATION. FORM 990, PART IX, LINE 24E FIELD TRIPS: PROGRAM SERVICE EXPENSES 67,066. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 67,066. DONATED SUPPLIES: PROGRAM SERVICE EXPENSES 31,820. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,820. SCHOOL SUPPLIES: PROGRAM SERVICE EXPENSES 28,033. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,033. TRANSPORTATION: PROGRAM SERVICE EXPENSES 23,838. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,838. DONATED SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 12,930. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,930. LEASE EXPENSE: PROGRAM SERVICE EXPENSES 6,735. MANAGEMENT AND GENERAL EXPENSES 3,027. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,762. TELEPHONE: PROGRAM SERVICE EXPENSES 5,263. MANAGEMENT AND GENERAL EXPENSES 2,364. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,627. AFTER SCHOOL ACTIVITIES: PROGRAM SERVICE EXPENSES 4,020. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,020. LANGUAGE PROGRAMS: PROGRAM SERVICE EXPENSES 3,150. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,150. BOOK FAIR: PROGRAM SERVICE EXPENSES 2,347. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,347.