Civic Intelligence

Anca Endowment Fund Inc

990 • Fiscal year 2018 • EIN 36-4190026

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 17, 2019

1711 N Street NWWashington, DC 20036

(202) 742-8704

Siviq Scores

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

Liabilities / Assets

55th percentile

0.20x

Higher debt load relative to assets than 55% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

84th percentile

1.21x

Higher debt load relative to revenue than 84% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

73rd percentile

15%

Higher net margin than 73% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

29th percentile

-2.9%

Faster asset growth than 29% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

14th percentile

-17%

Faster revenue growth than 14% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Down

$5,211,762

Down $156,998 (-2.9%) from 2017

Net Assets

Up

$4,183,757

Up $125,967 (+3.1%) from 2017

Liabilities

Down

$1,028,005

Down $282,965 (-22%) from 2017

Revenue

Down

$850,296

Down $178,025 (-17%) from 2017

Expenses

Up

$722,528

Up $84,495 (+13%) from 2017

Net Income

Down

$127,768

Down $262,520 (-67%) from 2017

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2017: $5,368,760Liabilities 2017: $1,310,970Net Assets 2017: $4,057,7902017Assets 2018: $5,211,762Liabilities 2018: $1,028,005Net Assets 2018: $4,183,7572018Assets 2019: $5,591,515Liabilities 2019: $954,611Net Assets 2019: $4,636,9042019Assets 2020: $6,919,025Liabilities 2020: $913,519Net Assets 2020: $6,005,5062020Assets 2021: $7,916,220Liabilities 2021: $955,368Net Assets 2021: $6,960,8522021Assets 2022: $7,419,584Liabilities 2022: $230,286Net Assets 2022: $7,189,2982022Assets 2023: $7,964,726Liabilities 2023: $178,345Net Assets 2023: $7,786,3812023Assets 2024: $8,357,247Liabilities 2024: $227,858Net Assets 2024: $8,129,3892024

Highlighted filing

2018

Assets$5,211,762
Liabilities$1,028,005
Net Assets$4,183,757

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $1,028,321Expenses 2017: $638,033Net Income 2017: $390,2882017Revenue 2018: $850,296Expenses 2018: $722,528Net Income 2018: $127,7682018Revenue 2019: $1,025,873Expenses 2019: $741,069Net Income 2019: $284,8042019Revenue 2020: $2,004,560Expenses 2020: $785,858Net Income 2020: $1,218,7022020Revenue 2021: $1,519,808Expenses 2021: $869,848Net Income 2021: $649,9602021Revenue 2022: $1,548,028Expenses 2022: $957,733Net Income 2022: $590,2952022Revenue 2023: $1,139,579Expenses 2023: $990,092Net Income 2023: $149,4872023Revenue 2024: $1,035,946Expenses 2024: $1,101,834Net Income 2024: -$65,8882024

Highlighted filing

2018

Revenue$850,296
Expenses$722,528
Net Income$127,768
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 17, 2019
Return Version
2018v3.1
Gross Receipts
$1,009,572
Mission and Program Overview

Mission

To provide educational opportunities to young adults wishing to become involved in u.s. Government and not for profit activities through internships and to provide educational materials concerning issues of importance to the american-armenian community and to other interested parties.

Anca endowment fund primary exempt purpose is to provide educational opportunities to young adults wishing to become involved in us government and not for profit activities through internships and to provide educational materials concerning issues of importance to the american-armenian community and to other interested parties.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,968,623$3,890,287▼ $78,336
Investments in Publicly Traded Securities$454,088$362,129▼ $91,959
Savings and Temporary Cash Investments$452,955$340,592▼ $112,363
Cash and Non-Interest-Bearing Accounts$146,188$328,711▲ $182,523
Total Assets$5,368,760$5,211,762▼ $156,998
Other Assets Total$346,906$290,043▼ $56,863
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,034,361$903,601▼ $130,760
Grants Payable$192,500$55,000▼ $137,500
Other Liabilities$63,185$45,063▼ $18,122
Accounts Payable and Accrued Expenses$16,924$20,341▲ $3,417
Deferred Revenue$4,000$4,000→ $0
Total Liabilities$1,310,970$1,028,005▼ $282,965
Net Assets / Fund Balance
Unrestricted Net Assets$3,338,297$3,675,968▲ $337,671
Permanently Rstr Net Assets$719,493$507,789▼ $211,704
Total Net Assets Fund Balance$4,057,790$4,183,757▲ $125,967
Total Liabilities and Net Assets / Fund Balance$5,368,760$5,211,762▼ $156,998

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,589,671$746,886$3,336,557
Land$1,288,770-$1,288,770
Equipment$11,846$93,813$105,659
Other Assets Org$290,043--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$629,661$24,000▲ $1,092-$654,753
2017$514,455$29,600▲ $86,202$596$629,661
2016$445,726$32,700▲ $36,640$611$514,455
2015$373,067$84,835▼ $10,982$1,191$445,729
2014$305,380$23,200▲ $45,580$1,093$373,067
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ken HachikianPresident
Abraham SaghdejianDirector
Bedros BandazianDirector
Aram HamparianSecretary
Chris HekimianTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$655,481
Program Service Revenue
$0
Investment Income
$7,537
Other Revenue
$187,278
All Other Contributions
$655,481
Change in Net Assets
$127,768

Audited Revenue Reconciliation

Revenue per Audited Statements
$849,199
Revenue Not Reported on Financial Statements
$1,097
Revenue Not Reported on Form 990
$-1,801
Total Revenue per Audited Statements
$847,398
Total Revenue per Form 990
$850,296
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$430,000
Other Expenses$292,528
Total Fundraising Expense$52,013
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$430,000--$430,000
Depreciation Depletion$54,184$5,752$1,632$61,568
Fees for Services Other$8,460$32,758$5,782$47,000
Interest$44,689--$44,689
Occupancy$34,330$4,989$1,907$41,226
Office Expenses$1,084$421$23,274$24,779
Conferences and Meetings$11,702--$11,702
Advertising$10,242--$10,242
Fees for Services Accounting-$8,936-$8,936
Information Technology$8,556--$8,556
Other Expenses$154-$7,247$7,247
Insurance$3,490$133$38$3,661
Fees for Service Investment Mgmnt Fees-$1,097-$1,097
Total Functional Expenses$616,429$54,086$52,013$722,528

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$722,528
Expenses per Audited Statements$721,431
Total Expenses per Audited Statements$721,431
Expenses Not Reported on Financial Statements$1,097
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Armenian National Committee of AmericaWashington, DC501(c)(4)To Promote and Sustain Armenian Culture and Provide Opportunities for Young Adults to Intern With US Government and Various Not for Profit Agencies Located in Washington Dc.$330,000
The Smithsonian FoundationWashington, DC501(c)(3)To Support the Center for Folklife and Cultural Heritage, Armenia Coming Home Program - 2018 Folklife Coming Home Program.$100,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Armenian National Committee, an Affiliated Entity$41,063
Tenant Security Deposit$4,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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, Part VI, Section A, Line 1

The board of directors, by resolution adopted by a majority of the directors in office, may designate one or more committees to participate in the work of the corporation. The committees, to the extent provided in said resolution and not restricted by law, shall have and exercise the authority of the board of directors in the management of the corporation; but the designation of such committees and the delegation thereto of authority shall not operate to relieve the board of directors, or any individual director, of any responsibility imposed on it, him, or her by law.

Form 990, Part VI, Section A, Line 8B

The anca endowment fund, inc. Did not contemporaneously document the meetings held by each committee with authority to act on behalf of the governmng body.

Form 990, Part VI, Section B, Line 11B

The governing body will review a draft of the tax return before approving and signing a final copy.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Form 990, Part VII, Line 6

The organization leases space to organizations that share its mission. At least 85% of the space is used to further the mission of the organization, and therefore this rental income is not considered unrelated business income.

Filing and Contact Details

Filer

Filer Name
Anca Endowment Fund Inc
EIN
36-4190026
Phone
2027428704
Address
1711 N STREET NW, WASHINGTON, DC 20036

Signing Officer

Name
Aram Hamparian
Title
Secretary
Phone
2027428704
Signed
2019-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aram Hamparian
Formed
1997
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
150

Preparer

Firm
Jones Maresca & Mcquade Pa
Address
10500 LITTLE PATUXENT PARKWAY SUITE, 770, COLUMBIA, MD 21044
Preparer
Lisa Cheifetz
Phone
4108840220
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

Permanent endowment funds are donor restricted funds with the understanding that the principal would be held intact and only income is used for the benefit of the organization. Income from board designated endowment fund amounts are available for use as directed by the board.

PART X, LINE 2:

The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements or that would have an effect on its tax-exempt status. There are no unrecognized tax benefits or liabilities that need to be recorded.

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IRS990/PrincipalOfficerNm0ARAM HAMPARIAN
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IRS990/ProgSrvcAccomActy2Grp/Desc0CAPITAL GATEWAY PROGRAM: THE ANCA ENDOWMENT FUND GRANTS FUNDS TO THE ANCA TO SUPPORT THE ANCA HOVIG APO SAGHDEJIAN CAPITAL GATEWAY PROGRAM DESIGNED TO GIVE QUALIFIED UNIVERSITY STUDENTS AND GRADUATES AN OPPORTUNITY TO EXPLORE PART-TIME INTERNSHIP AND FULL-TIME JOB OPPORTUNITIES IN WASHINGTON, DC.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0267914
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0150000
IRS990/ProgSrvcAccomActy3Grp/Desc0ARMENIAN LEGAL CENTER LEGAL PROGRAM GRANT: THE ANCA ENDOWMENT FUND GRANTED FUNDS IN 2017 TO THE ARMENIAN LEGAL CENTER FOR JUSTICE AND HUMAN RIGHTS TO WORK WITH THE LEGAL COMMMUNITY IN OFFERING RESEARCH AND COMMENTARY REGRADING LITIGATION IMPACTING RECOVERY OF ARMENIAN GENOCIDE ERA ASSETS AND ARMENIAN GENOCIDE EDUCATION. THERE WAS NO ACTIVITY IN THE LEGAL CENTER PROGRAM DURING 2018.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0833630
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0380000
IRS990/PYInvestmentIncomeAmt03283
IRS990/PYOtherExpensesAmt0258033
IRS990/PYOtherRevenueAmt0191408
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0390288
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0638033
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01028321
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0127768
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0187278
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0452955
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0340592
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0655481
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0833630
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0629189
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0650515
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01883806
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04652621
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0192076
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0263271
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0137856
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0106934
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02292
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0702429
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.72510
IRS990ScheduleA/PublicSupportPY170Pct00.71870
IRS990ScheduleA/PublicSupportTotal170Amt03934092
IRS990ScheduleA/SubstantialContributorsTotAmt0718529
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0655481
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0833630
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0629189
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0650515
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01883806
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04652621
IRS990ScheduleA/TotalSupportAmt05425699
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt070649
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt070649
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.40390
IRS990ScheduleD/BuildingsGrp/BookValueAmt02589671
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0746886
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03336557
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0629661
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt024000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0654753
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01092
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0514455
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt029600
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0629661
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt086202
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0596
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0445726
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt032700
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0514455
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt036640
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0611
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0373067
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt084835
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0445729
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-10982
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt01191
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0305380
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt023200
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0373067
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt045580
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt01093
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt011846
IRS990ScheduleD/EquipmentGrp/DepreciationAmt093813
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0105659
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01097
IRS990ScheduleD/ExpensesSubtotalAmt0721431
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt01097
IRS990ScheduleD/InvestmentExpensesNotIncldAmt01097
IRS990ScheduleD/LandGrp/BookValueAmt01288770
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01288770
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-1801
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0290043
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED CASH
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt041063
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO ARMENIAN NATIONAL COMMITTEE, AN AFFILIATED ENTITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSIT
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.58100
IRS990ScheduleD/RevenueNotReportedAmt0-1801
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01097
IRS990ScheduleD/RevenueSubtotalAmt0849199
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PERMANENT ENDOWMENT FUNDS ARE DONOR RESTRICTED FUNDS WITH THE UNDERSTANDING THAT THE PRINCIPAL WOULD BE HELD INTACT AND ONLY INCOME IS USED FOR THE BENEFIT OF THE ORGANIZATION. INCOME FROM BOARD DESIGNATED ENDOWMENT FUND AMOUNTS ARE AVAILABLE FOR USE AS DIRECTED BY THE BOARD.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS OR THAT WOULD HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. THERE ARE NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES THAT NEED TO BE RECORDED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.01510
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03890287
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0290043
IRS990ScheduleD/TotalExpensesPerForm990Amt0722528
IRS990ScheduleD/TotalLiabilityAmt045063
IRS990ScheduleD/TotalRevenuePerForm990Amt0850296
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0847398
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0721431
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0100000
IRS990ScheduleI/RecipientTable/CashGrantAmt1330000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(4)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT THE CENTER FOR FOLKLIFE AND CULTURAL HERITAGE, ARMENIA COMING HOME PROGRAM - 2018 FOLKLIFE COMING HOME PROGRAM.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO PROMOTE AND SUSTAIN ARMENIAN CULTURE AND PROVIDE OPPORTUNITIES FOR YOUNG ADULTS TO INTERN WITH US GOVERNMENT AND VARIOUS NOT FOR PROFIT AGENCIES LOCATED IN WASHINGTON DC.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE SMITHSONIAN FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1ARMENIAN NATIONAL COMMITTEE OF AMERICA
IRS990ScheduleI/RecipientTable/RecipientEIN0530206027
IRS990ScheduleI/RecipientTable/RecipientEIN1521492274
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01000 JEFFERSON DRIVE SW
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11711 N ST NW
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm1WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0DC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1DC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd020560
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd120036
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ANCA ENDOWMENT FUND REQUIRES A WRITTEN REQUEST FOR GRANTS AND WILL PERIODICALLY REVIEW REPORTS FROM THE GRANTEE. AN ANNUAL SCHEDULE FROM THE GRANTEE IS ALSO REVIEWED TO MAKE SURE THAT THE GRANTS ARE BEING USED FOR THE INTENDED PURPOSES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS, BY RESOLUTION ADOPTED BY A MAJORITY OF THE DIRECTORS IN OFFICE, MAY DESIGNATE ONE OR MORE COMMITTEES TO PARTICIPATE IN THE WORK OF THE CORPORATION. THE COMMITTEES, TO THE EXTENT PROVIDED IN SAID RESOLUTION AND NOT RESTRICTED BY LAW, SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE CORPORATION; BUT THE DESIGNATION OF SUCH COMMITTEES AND THE DELEGATION THERETO OF AUTHORITY SHALL NOT OPERATE TO RELIEVE THE BOARD OF DIRECTORS, OR ANY INDIVIDUAL DIRECTOR, OF ANY RESPONSIBILITY IMPOSED ON IT, HIM, OR HER BY LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ANCA ENDOWMENT FUND, INC. DID NOT CONTEMPORANEOUSLY DOCUMENT THE MEETINGS HELD BY EACH COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNMNG BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING BODY WILL REVIEW A DRAFT OF THE TAX RETURN BEFORE APPROVING AND SIGNING A FINAL COPY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION LEASES SPACE TO ORGANIZATIONS THAT SHARE ITS MISSION. AT LEAST 85% OF THE SPACE IS USED TO FURTHER THE MISSION OF THE ORGANIZATION, AND THEREFORE THIS RENTAL INCOME IS NOT CONSIDERED UNRELATED BUSINESS INCOME.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VII, LINE 6
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/StatesWhereCopyOfReturnIsFldCd1IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05368760
IRS990/TotalAssetsEOYAmt05211762
IRS990/TotalAssetsGrp/BOYAmt05368760
IRS990/TotalAssetsGrp/EOYAmt05211762
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0655481

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