Sastic
Nonprofit profile at a glance
- EIN
- 862559987
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025
- Location
- Glendale, CA, USA
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $84,837
- Expenses
- $75,488
- Assets
- $25,245
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Armen Khachatryan (Chief Executive Officer)
- Karen Hayrapetyan (Vice President)
People named in this filing
- Armen Khachatryan (Chief Executive Officer)
- Karen Hayrapetyan (Vice President)
- Anna Galstyan (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our goal is to promote technological advancement in rural areas as well as underprivileged communities. As an organized global team of skilled professionals we are focused on funding and providing support to create an infrastructure to facilitate social and sustainable impact by bringing together skilled professionals to provide training education coaching and mentorship; investing in and developing educational programs in the fields of applied science technology engineering mathematics humanities and arts; conducting scientific research and development; investing directly or indirectly in organizations which support the acceleration of innovative social ideas services products and technologies.
What it reported doing in 2025
SASTIC provided support to ArmBionics to develop HeroApp a digital platform that enhances rehabilitation for individuals using upper-limb prosthetics through connected devices. The program advances scientific and educational purposes by promoting innovative healthcare technologies.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
SUPPORTED - The filed numbers largely add up. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 52
- Transparency & Controls: 82
- Sustainability: 43
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.6%; rating input score 83
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 11%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 0.33; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -14.6% per year; rating input score 0; 23rd percentile among comparable filings
- Revenue growth: 1.2% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: -10.1% per year; rating input score 0; 17th percentile among comparable filings
Details
- Where the money goes: 82.6% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2021 to 2025
- Contacts: How to reach this organization
- 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.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.