Haigazian University Inc

Overview

Mission

Haigazian university is a liberal arts institution of higher learning which operates on the american model of higher education using english as the language of instruction. Its purpose is to provide quality education in a christian environment where academic freedom and the search and dissemination of truth are predominant. It seeks to prepare students both for leadership positions and as professionals to serve in the armenian and non-armenian lebanese communities. The ethnic and geographic identity of the university demands the preservation and promotion of its armenian and middle eastern heritage within the global context. Haigazian university is an instrumentality of the witness of the armenian evangelical church. Haigazian university is co-educational and open to academically qualified students regardless of race, nationality or creed.

Operating model

Revenue model

Earned-program. 73% of the money available for current operations came from fees and other program revenue.

Distribution model

Hybrid. The nonprofit split its reported program spending across 42% for direct work, and 58% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and the filing reports few safeguards for money sent abroad.

Rating breakdown

• Financial Efficiency: 52
• Transparency & Controls: 72
• Accountability: 88
• Sustainability: 35
• Growth: 80

Detailed rating inputs

Details

• Where the money goes: 59.5% of revenue deployed · 56.4% of spending went to programs
• Governance: 24 of 21 board members independent · 5 of 7 filing controls reported
• Programs: 1 filed program accomplishment · $4.8M in reported program spending
• Leadership: top reported pay $0 · 21 people listed
• Consistency: 30 of 31 current checks pass · 1 finding to review
• Schedules: 7 filed schedules · includes major donors and foreign activity
• Filing history: 9 filing years from 2012 to 2024
• Contacts: How to reach this organization
• Money network: Resolved incoming and outgoing counterparties from filed money flows.
• Related organizations: 2 filed related-organization links
• Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
• People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

• Review — Financial Efficiency: Program expense ratio scored 56/100.
• High — Transparency & Controls: Foreign activity oversight: 8 of 8 not reported.
• Review — Accountability: Governance controls: 2 of 7 not reported.
• High — Sustainability: Operating margin scored 25/100.
• High — Growth: Asset growth scored 0/100.
• Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
• Moderate — Transparency & Controls: Independent members within voting members did not reconcile in the filed values.
• High — Sustainability: Liabilities to assets ratio scored 26/100.
• High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.