Civic Intelligence

Armenia 2020 Inc

990 • Fiscal year 2020 • EIN 20-8734231

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

Organization ProfileN/A
4 Mccall RoadWinchester, MA 01890

(781) 663-5433

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

40th percentile

-0.0%

Higher net margin than 40% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$8,972

Up $8,961 (+81464%) from 2016

Net Assets

Up

$8,972

Up $8,961 (+81464%) from 2016

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin40th percentile

Revenue

$325,002

No earlier filing loaded for comparison.

Expenses

Up

$325,150

Up $323,099 (+15753%) from 2016

Net Income

-$148

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2010: $2,699Net Assets 2010: $2,6992010Assets 2011: $7,392Net Assets 2011: $7,3922011Assets 2012: $353Net Assets 2012: $3532012Assets 2013: $47,299Net Assets 2013: $47,2992013Assets 2014: $2,211Liabilities 2014: $0Net Assets 2014: $2,2112014Assets 2015: $2,061Liabilities 2015: $02015Assets 2016: $11Net Assets 2016: $112016Assets 2020: $8,972Liabilities 2020: $0Net Assets 2020: $8,9722020Assets 2021: $8,812Liabilities 2021: $0Net Assets 2021: $8,8122021

Highlighted filing

2020

Assets$8,972
Liabilities$0
Net Assets$8,972
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2010: $110,000Expenses 2010: $111,849Net Income 2010: -$1,8492010Revenue 2011: $145,279Expenses 2011: $140,586Net Income 2011: $4,6932011Revenue 2012: $50,801Expenses 2012: $57,840Net Income 2012: -$7,0392012Revenue 2013: $48,000Expenses 2013: $1,054Net Income 2013: $46,9462013Revenue 2014: $200,002Expenses 2014: $245,090Net Income 2014: -$45,0882014Revenue 2015: $0Expenses 2015: $150Net Income 2015: -$1502015Expenses 2016: $2,0512016Revenue 2020: $325,002Expenses 2020: $325,150Net Income 2020: -$1482020Revenue 2021: $622,019Expenses 2021: $622,019Net Income 2021: $02021

Highlighted filing

2020

Revenue$325,002
Expenses$325,150
Net Income-$148
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.0
Gross Receipts
$325,002
Mission and Program Overview

Mission

Armenia 2020 is a scenario-building initiative that focuses on the identification of alternative development models for the republic of armenia until the year 2020 and the elaboration of development scenarios for the country. The strength of the project is the mix of participants with diverse viewpoints; it aims to bring together committed and accomplished armenians from armenia and all over the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$9,120$8,972▼ $148
Total Assets$9,120$8,972▼ $148
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,120$8,972▼ $148
Total Net Assets Fund Balance$9,120$8,972▼ $148
Total Liabilities and Net Assets / Fund Balance$9,120$8,972▼ $148
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Raffi FestekjianPresident/tr
Noubar AfeyanDirector
Pierre GurdjianDirector
Ruben VardanyanDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$325,000
Program Service Revenue
$0
Investment Income
$2
Other Revenue
$0
All Other Contributions
$325,000
Change in Net Assets
$-148
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$325,150
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$325,000--$325,000
Fees for Services Other-$150-$150
Total Functional Expenses$325,000$150$0$325,150
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Armenia 2020 Inc
EIN
20-8734231
Phone
7816635433
Address
4 MCCALL ROAD, WINCHESTER, MA 01890

Signing Officer

Name
Raffi Festekjian
Title
President/treas/sec
Phone
7816635433
Signed
2021-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Raffi Festekjian
Voting Board Members
4
Independent Board Members
0
Employees
0

Preparer

Firm
Baystate Accounting & Taxes Inc
Address
557 MT AUBURN ST, WATERTOWN, MA 02472-5138
Preparer
Mihran Minassian Ea
Phone
6179239237
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Armenia 2020 is a scenario-building initiative that focuses on the identification of alternative development models for the republic of armenia until the year 2020 and the elaboration of development scenarios for the country. The strength of the project is the mix of participants with diverse viewpoints; it aims to bring together committed and accomplished armenians from armenia and all over the world.”

Form 990, Page 2, Part III, Line 4D

“LEGAL AND FILING FEES.”

Raw XML Appendix242 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivityOrMissionDesc0ARMENIA 2020 IS A SCENARIO-BUILDING INITIATIVE THAT FOCUSES ON THE IDENTIFICATION OF ALTERNATIVE DEVELOPMENT MODELS FOR THE REPUBLIC OF ARMENIA UNTIL THE YEAR 2020 AND THE ELABORATION OF DEVELOPMENT SCENARIOS FOR THE COUNTRY. THE STRENGTH OF THE PROJECT IS THE MIX OF PARTICIPANTS WITH DIVERSE VIEWPOINTS; IT AIMS TO BRING TOGETHER COMMITTED AND ACCOMPLISHED ARMENIANS FROM ARMENIA AND ALL OVER THE WORLD.
IRS990/AllOtherContributionsAmt0325000
IRS990/BooksInCareOfDetail/PersonNm0RAFFI FESTEKJIAN
IRS990/BooksInCareOfDetail/PhoneNum07816635433
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IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0325000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02
IRS990/CYOtherExpensesAmt0325150
IRS990/CYOtherRevenueAmt00
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IRS990/Desc0FUNDING TO ASSIST APPROVED PROJECTS IN ARMENIA AS PART OF THE ORGANIZATION'S MISSION.
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0NOUBAR AFEYAN
IRS990/Form990PartVIISectionAGrp/PersonNm1RAFFI FESTEKJIAN
IRS990/Form990PartVIISectionAGrp/PersonNm2PIERRE GURDJIAN
IRS990/Form990PartVIISectionAGrp/PersonNm3RUBEN VARDANYAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0325002
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ARMENIA 2020 IS A SCENARIO-BUILDING INITIATIVE THAT FOCUSES ON THE IDENTIFICATION OF ALTERNATIVE DEVELOPMENT MODELS FOR THE REPUBLIC OF ARMENIA UNTIL THE YEAR 2020 AND THE ELABORATION OF DEVELOPMENT SCENARIOS FOR THE COUNTRY. THE STRENGTH OF THE PROJECT IS THE MIX OF PARTICIPANTS WITH DIVERSE VIEWPOINTS; IT AIMS TO BRING TOGETHER COMMITTED AND ACCOMPLISHED ARMENIANS FROM ARMENIA AND ALL OVER THE WORLD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt09120
IRS990/NetAssetsOrFundBalancesEOYAmt08972
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt09120
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt08972
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0ARMENIA PROGRAMS
IRS990/OtherExpensesGrp/ProgramServicesAmt0325000
IRS990/OtherExpensesGrp/TotalAmt0325000
IRS990/PartialLiquidationInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0325000
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0325000
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ARMENIA 2020 IS A SCENARIO-BUILDING INITIATIVE THAT FOCUSES ON THE IDENTIFICATION OF ALTERNATIVE DEVELOPMENT MODELS FOR THE REPUBLIC OF ARMENIA UNTIL THE YEAR 2020 AND THE ELABORATION OF DEVELOPMENT SCENARIOS FOR THE COUNTRY. THE STRENGTH OF THE PROJECT IS THE MIX OF PARTICIPANTS WITH DIVERSE VIEWPOINTS; IT AIMS TO BRING TOGETHER COMMITTED AND ACCOMPLISHED ARMENIANS FROM ARMENIA AND ALL OVER THE WORLD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LEGAL AND FILING FEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RAFFI FESTEKJIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/TREAS/SEC
ReturnHeader/BusinessOfficerGrp/PhoneNum07816635433
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARMENIA 2020 INC
ReturnHeader/Filer/BusinessNameControlTxt0ARME
ReturnHeader/Filer/EIN0208734231
ReturnHeader/Filer/PhoneNum07816635433
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ReturnHeader/Filer/USAddress/CityNm0WINCHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001890
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208797855
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAYSTATE ACCOUNTING & TAXES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0557 MT AUBURN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WATERTOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0024725138
ReturnHeader/PreparerPersonGrp/PhoneNum06179239237
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MIHRAN MINASSIAN EA
ReturnHeader/ReturnTs02021-11-10T21:07:14-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RAFFI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FESTEKJIAN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,972
Liabilities
$0
Net assets
$8,972
Revenue
$325,002
Expenses
$325,150
Net income
-$148
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.09$6.22$6.22$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$3.25$3.25$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.02
2015Summary only. Only limited summary data is available for this year.$0.02$0.00$0.00$0.00$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$2.00$2.45$0.45
2013Detailed filing. Detailed filing data is available for this year.$0.47$0.47$0.48$0.01$0.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.51$0.58$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.07$1.45$1.41$0.05
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.03$1.10$1.12$0.02