Usarms INC EIN 82-1040282

Usarms INC

EIN  82-1040282 Public charity (501(c)(3)) N Hollywood, CA
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
an education nonprofit
Leadership
Vidok Sinanyan · President
Money in and out
$55K revenue, $54K expenses
Bottom line
31% program efficiency

Usarms INC is an education nonprofit based in N Hollywood, CA. For fiscal year 2024 it reported $55K in revenue, $54K in expenses, and $-120K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$55K
Pt VIII · Ln 12
Total expenses
$54K
Pt IX · Ln 25
Net assets
$-120K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $752
Where spending went · Part IX cols B–D
Program services $0.31 Management & general $0.69
Program efficiency
31%
of spending reaches programs▲ +9% vs prior filing year
Operating runway
0.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+1%
revenue over expenses, this year▲ +107% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$55K
FY2024▲ +3%
Expenses
$54K
FY2024▼ -16%
Total assets
$20
FY2024▲ +567%
Total liabilities
$120K
FY2024▼ -7%
Total revenue
$55K
Pt VIII · Ln 12
Total expenses
$54K
Pt IX · Ln 25
Net assets
$-120K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$752
Total assetsPt X · Ln 16$20
Program-expense ratioPt IX · col B31%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $17K of program spending, described in the organization's own filed words · FY2024.
01

Operational costs involved licensed contractor expenses, field rentals, permits, referee fees, federation membership, team/club/league registration fees, etc. Operational revenues stemmed from membership dues individual/team/club, donations and fundraising events.

$17Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CUsarms INC
EINHdr · item D82-1040282
Principal addressHdr · item CN Hollywood, CA
WebsiteHdr · item Jwww.usarmsclub.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFOct 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$55K
Total revenueLn 12$55K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.31 Management & general $0.69
Program services31%$17K
Management & general69%$37K
Total functional expensesLn 25$54K

Balance Sheet

Part X · end of year
CashLn 1$20
Total assetsLn 16$20
Total liabilitiesLn 26$120K
Total net assetsLn 32$-120K
Months of cash on handcomputed0.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $20 · Operating expenses/yr $54K
0.0 months
Where the money goes
Program services
Program services $17K · Total expenses $54K
31%
Management & General
Management & general $37K · Total expenses $54K
69%
Fundraising
Fundraising $0 · Total expenses $54K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $47K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $55K · Total revenue $55K
100%
Government reliance
Government grants — · Total revenue $55K
Earned-income share
Program service revenue $0 · Total revenue $55K
0%
Investment reliance
Investment income $0 · Total revenue $55K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $54K
0%
Growth & trend
Revenue growth (YoY)
This year $55K · Prior year $53K
+3%
Net-asset trend (YoY)
End of year $-120K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $55K · Expenses $54K
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $20
Net-asset ratio
Net assets $-120K · Total assets $20
-599395%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $20
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Vidok Sinanyan · Reported title President · Highest reported compensation $0 · Total expenses $54K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $54K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 31%
Overhead ratio 69%
Fundraising cost ratio 0%
Revenue growth 3%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$38

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$55K revenue · viewing · ⤓ 990 PDF
FY2023$53K revenue · ⤓ 990 PDF
FY2022$33K revenue · ⤓ 990 PDF
FY2021$58K revenue · ⤓ 990 PDF
FY2020$20K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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