Civic Intelligence

Anca Endowment Fund Inc

990 • Fiscal year 2019 • EIN 36-4190026

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 11, 2020

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

52nd percentile

0.17x

Higher debt load relative to assets than 52% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

81st percentile

0.93x

Higher debt load relative to revenue than 81% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

83rd percentile

28%

Higher net margin than 83% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

62nd percentile

7.3%

Faster asset growth than 62% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

78th percentile

21%

Faster revenue growth than 78% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$5,591,515

Up $379,753 (+7.3%) from 2018

Net Assets

Up

$4,636,904

Up $453,147 (+11%) from 2018

Liabilities

Down

$954,611

Down $73,394 (-7.1%) from 2018

Revenue

Up

$1,025,873

Up $175,577 (+21%) from 2018

Expenses

Up

$741,069

Up $18,541 (+2.6%) from 2018

Net Income

Up

$284,804

Up $157,036 (+123%) from 2018

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

2019

Assets$5,591,515
Liabilities$954,611
Net Assets$4,636,904

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

2019

Revenue$1,025,873
Expenses$741,069
Net Income$284,804
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 11, 2020
Return Version
2019v5.1
Gross Receipts
$1,098,481
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,890,287$3,803,373▼ $86,914
Investments in Publicly Traded Securities$362,129$695,872▲ $333,743
Savings and Temporary Cash Investments$340,592$656,486▲ $315,894
Cash and Non-Interest-Bearing Accounts$328,711$146,480▼ $182,231
Total Assets$5,211,762$5,591,515▲ $379,753
Other Assets Total$290,043$289,304▼ $739
Liabilities
Mortgage Notes Payable Secured by Investment Property$903,601$871,002▼ $32,599
Other Liabilities$45,063$45,568▲ $505
Grants Payable$55,000$17,500▼ $37,500
Accounts Payable and Accrued Expenses$20,341$16,461▼ $3,880
Deferred Revenue$4,000$4,080▲ $80
Total Liabilities$1,028,005$954,611▼ $73,394
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,675,968$4,088,101▲ $412,133
Net Assets With Donor Restrictions$507,789$548,803▲ $41,014
Total Net Assets Fund Balance$4,183,757$4,636,904▲ $453,147
Total Liabilities and Net Assets / Fund Balance$5,211,762$5,591,515▲ $379,753

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,505,570$830,987$3,336,557
Land$1,288,770-$1,288,770
Equipment$9,033$96,626$105,659
Other Assets Org$289,304--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$654,753$25,740▲ $174,392$1,117$853,768
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
Compensation and Service Providers

Board Members and Trustees

NameTitle
Raffi HamparianPresident
Abraham SaghdejianDirector
Bedros BandazianDirector
Aram HamparianSecretary
Chris HekimianTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$817,927
Program Service Revenue
$0
Investment Income
$18,562
Other Revenue
$189,384
All Other Contributions
$817,927
Change in Net Assets
$284,804

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$36,613Fair Market Value
Total Noncash Contributions3$36,613-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,025,873
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$168,343
Total Revenue per Audited Statements
$1,194,216
Total Revenue per Form 990
$1,025,873
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$445,000
Other Expenses$296,069
Total Fundraising Expense$51,581
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$445,000--$445,000
Depreciation Depletion$54,498$5,752$1,632$61,882
Fees for Services Other$8,460$32,758$5,282$46,500
Interest$41,203--$41,203
Occupancy$34,403$5,106$1,448$40,957
Office Expenses$1,877$2,294$23,578$27,749
Conferences and Meetings$22,287--$22,287
Information Technology$14,845--$14,845
Fees for Services Accounting-$9,384-$9,384
Insurance$3,657$139$39$3,835
Advertising-$587-$587
Other Expenses$7,238-$244$244
Total Functional Expenses$633,468$56,020$51,581$741,069

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$741,069
Total Expenses per Audited Statements$741,069
Total Expenses per Form 990$741,069
Expenses Not Reported on Financial Statements$0
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.$445,000
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$41,568
Tenant Security Deposit$4,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
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, 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 2

The organization's president and secretary are brothers.

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 governing 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 VIII, 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
2020-11-11
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
5

Preparer

Firm
Jones Maresca & Mcquade Pa
Address
10500 LITTLE PATUXENT PARKWAY SUITE, 770, COLUMBIA, MD 21044
Preparer
David Jones
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/Desc0COMMUNITY OUTREACH/EDUCATION PROGRAM: THE ANCA ENDOWMENT FUND DIRECTLY FUNDS EVENTS AND OFFERS GRANTS TO SUPPORT THE ONGOING COMMUNITY EDUCATION AND OUTREACH EFFORTS OF THE ARMENIAN NATIONAL COMMITTEE OF AMERICA (ANCA) AND OTHER SIMILAR ORGANIZATIONS. GRANTS GENERALLY FUND EVENTS AND PROGRAMS WHICH PROMOTE GREATER UNDERSTANDING OF ARMENIAN HISTORY AND COMMUNITY CONCERNS AS WELL AS ENCOURGAE EXPANDED ARMENIAN AMERICAN CIVIC AWARENESS AND INVOLVEMENT THROUGHOUT THE UNITED STATES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0290479
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0215000
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 2019.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0655481
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0430000
IRS990/PYInvestmentIncomeAmt07537
IRS990/PYOtherExpensesAmt0292528
IRS990/PYOtherRevenueAmt0187278
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0127768
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0722528
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0850296
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0284804
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0189384
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0340592
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0656486
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0817927
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0655481
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0833630
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0629189
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0650515
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03586742
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0267072
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0192076
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0263271
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0137856
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0106934
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0967209
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.71970
IRS990ScheduleA/PublicSupportPY170Pct00.72510
IRS990ScheduleA/PublicSupportTotal170Amt03277445
IRS990ScheduleA/SubstantialContributorsTotAmt0309297
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0817927
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0655481
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0833630
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0629189
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0650515
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03586742
IRS990ScheduleA/TotalSupportAmt04553951
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.49330
IRS990ScheduleD/BuildingsGrp/BookValueAmt02505570
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0830987
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03336557
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0654753
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt025740
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0853768
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0174392
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt01117
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0629661
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt024000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0654753
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01092
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0514455
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt029600
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0629661
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt086202
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0596
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0445726
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt032700
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0514455
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt036640
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0611
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0373067
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt084835
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0445729
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-10982
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt01191
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt09033
IRS990ScheduleD/EquipmentGrp/DepreciationAmt096626
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0105659
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0741069
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01288770
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01288770
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0168343
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0289304
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED CASH
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt041568
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO ARMENIAN NATIONAL COMMITTEE, AN AFFILIATED ENTITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSIT
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.47590
IRS990ScheduleD/RevenueNotReportedAmt0168343
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01025873
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/TermEndowmentBalanceEOYPct00.03080
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03803373
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0289304
IRS990ScheduleD/TotalExpensesPerForm990Amt0741069
IRS990ScheduleD/TotalLiabilityAmt045568
IRS990ScheduleD/TotalRevenuePerForm990Amt01025873
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01194216
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0741069
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0445000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(4)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO 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/BusinessNameLine1Txt0ARMENIAN NATIONAL COMMITTEE OF AMERICA
IRS990ScheduleI/RecipientTable/RecipientEIN0521492274
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01711 N ST NW
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0DC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd020036
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/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt03
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt036613
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, COLUMN (B):
IRS990ScheduleM/ThirdPartiesUsedInd00
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 ORGANIZATION'S PRESIDENT AND SECRETARY ARE BROTHERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ANCA ENDOWMENT FUND, INC. DID NOT CONTEMPORANEOUSLY DOCUMENT THE MEETINGS HELD BY EACH COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING BODY WILL REVIEW A DRAFT OF THE TAX RETURN BEFORE APPROVING AND SIGNING A FINAL COPY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 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 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VIII, LINE 6:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/StatesWhereCopyOfReturnIsFldCd1IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05211762

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