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Nvak Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 825303346 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Nvak Inc?

Nvak Inc is a nonprofit organization situated in New York, NY. Its primary purpose involves managing funds to cover various expenses, including office necessities and professional costs associated with program implementation. Specifically, the organization allocates a budget of 10,113 for office expenses and program supplies, while dedicating a substantial portion, 41,678, to professional fees related to programmatic tasks. The organization's activities and mission remain focused on these financial commitments, contributing positively to their operations in New York, NY.


Official website here: www.nvak.org

Is Nvak Inc legitimate?

Nvak Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nvak Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.nvak.org

What is the mission statement of Nvak Inc?

Nvak Inc, as an organization, focuses on providing financial support for office expenses and program supplies, allocated within a budget of 10,113. Additionally, they have a significant budget of 41,678 dedicated to covering professional fees associated with programmatic activities. While the mission statement itself is not explicitly provided, it can be inferred that Nvak Inc aims to support various programs through the allocation of these financial resources.


Official website here: www.nvak.org

Who is the CEO of Nvak Inc?

Unavailable


Official website here: www.nvak.org

What is the revenue of Nvak Inc?

Nvak Inc's revenue in 2022 was $185,873.


Official website here: www.nvak.org

Who are the executives of Nvak Inc and what are their salaries?


Here are 5 key members and their salaries:


Tamar Kaprelian (President - Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rochelle Holguin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nousha Salimi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hanna Bay-Schuck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nvak.org

Where can I find the form 990EZ for Nvak Inc?

Nvak Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.nvak.org

Learn more at the official website: www.nvak.org

Mission Statement of Nvak Inc

Nvak Inc, a nonprofit organization, focuses on providing essential resources to support its programs. Its mission encompasses two main areas. Firstly, Nvak dedicates a portion of its budget to covering office expenses and program supplies, with an allotted amount of 10,113 dollars. This ensures the organization's operational needs are met, enabling it to effectively carry out its objectives.

Secondly, Nvak invests a significant sum in professional fees for programmatics, amounting to 41,678 dollars. This budget allocation is crucial for necessitating the expertise and guidance of professionals in the field, thereby enhancing the quality and effectiveness of the programs it offers. This dual focus on operational and programmatic expenses demonstrates Nvak's commitment to delivering high-quality services, all while maintaining a lean and efficient organizational structure.

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Impact




October, 2024

Nvak Inc has a significant impact through its support of arts programs in New York, NY. By providing financial assistance for office expenses and program supplies, Nvak enables organizations and individuals to focus on their creative endeavors without the burden of managing operational costs. With a budget allocation of $10,113 dedicated to these essential expenses, Nvak fosters an environment where artistic initiatives can thrive.

Furthermore, the organization also allocates $41,678 towards covering professional fees for programmatic activities. This support ensures that skilled professionals can be engaged in the development and execution of art programs, enhancing the quality and reach of artistic offerings.

Overall, Nvak Inc plays a crucial role in strengthening the arts community by alleviating financial pressures and facilitating access to resources necessary for successful program implementation. Their contributions ultimately help cultivate a vibrant cultural landscape in New York.




This information is meant to be a general summary of Nvak Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$185,873 (2022)
Expenses
$132,203 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $185,873

Assets and Liabilities:

  • Total Assets: $21,680
  • Total Liabilities: $31,958
  • Net Assets: -$10,278

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Organization Details

Main Address

225 E 19TH STREET Suite 706, NEW YORK, NY, 10003

NTEE Category

Code: A68 - Arts

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