Civic Intelligence

Anca Endowment Fund Inc

990 • Fiscal year 2023 • EIN 36-4190026

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

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

26th percentile

0.02x

Higher debt load relative to assets than 26% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

47th percentile

0.16x

Higher debt load relative to revenue than 47% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

67th percentile

13%

Higher net margin than 67% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

55th percentile

7.3%

Faster asset growth than 55% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

14th percentile

-26%

Faster revenue growth than 14% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$7,964,726

Up $545,142 (+7.3%) from 2022

Net Assets

Up

$7,786,381

Up $597,083 (+8.3%) from 2022

Liabilities

Down

$178,345

Down $51,941 (-23%) from 2022

Revenue

Down

$1,139,579

Down $408,449 (-26%) from 2022

Expenses

Up

$990,092

Up $32,359 (+3.4%) from 2022

Net Income

Down

$149,487

Down $440,808 (-75%) from 2022

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

2023

Assets$7,964,726
Liabilities$178,345
Net Assets$7,786,381

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

2023

Revenue$1,139,579
Expenses$990,092
Net Income$149,487
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.1
Gross Receipts
$1,204,174
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$3,563,230$3,523,488▼ $39,742
Savings and Temporary Cash Investments$2,490,284$2,404,814▼ $85,470
Investments in Publicly Traded Securities$1,004,019$1,495,159▲ $491,140
Cash and Non-Interest-Bearing Accounts$345,022$432,196▲ $87,174
Pledges and Grants Receivable-$100,000-
Prepaid Expenses and Deferred Charges$4,529--
Accounts Receivable$12,500$3,550▼ $8,950
Total Assets$7,419,584$7,964,726▲ $545,142
Other Assets Total$0$5,519▲ $5,519
Liabilities
Other Liabilities$158,680$79,210▼ $79,470
Grants Payable$48,000$64,000▲ $16,000
Accounts Payable and Accrued Expenses$23,606$35,135▲ $11,529
Total Liabilities$230,286$178,345▼ $51,941
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,286,526$6,863,033▲ $576,507
Net Assets With Donor Restrictions$902,772$923,348▲ $20,576
Total Net Assets Fund Balance$7,189,298$7,786,381▲ $597,083
Total Liabilities and Net Assets / Fund Balance$7,419,584$7,964,726▲ $545,142

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,222,596$1,173,701$3,396,297
Land$1,288,770-$1,288,770
Equipment$12,122$106,406$118,528

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,229,413$95,376▲ $452,365-$1,777,154
2022$1,524,561$64,800▼ $359,907$41$1,229,413
2021$1,049,808$172,738▲ $306,912$4,897$1,524,561
2020$853,768$43,500▲ $155,179$2,639$1,049,808
2019$654,753$25,740▲ $174,392$1,117$853,768
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
$942,914
Program Service Revenue
$0
Investment Income
$59,660
Other Revenue
$137,005
All Other Contributions
$942,914
Change in Net Assets
$149,487

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 Traded2$43,543Fair Market Value (FMV)
Total Noncash Contributions2$43,543-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,139,579
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$447,596
Total Revenue per Audited Statements
$1,587,175
Total Revenue per Form 990
$1,139,579
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$544,000
Other Expenses$446,092
Total Fundraising Expense$148,317
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$544,000--$544,000
Fees for Services Other$8,460$63,240$54,600$126,300
Office Expenses$470$975$90,025$91,470
Depreciation Depletion$54,154$6,352$1,802$62,308
Conferences and Meetings$48,997--$48,997
Occupancy$35,247$5,500$1,560$42,307
Information Technology$24,875--$24,875
Advertising$17,386--$17,386
Other Expenses$15,546-$264$15,810
Fees for Services Accounting-$12,174-$12,174
Insurance$4,166$233$66$4,465
Total Functional Expenses$753,301$88,474$148,317$990,092

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$990,092
Total Expenses per Audited Statements$990,092
Total Expenses per Form 990$990,092
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.$544,000
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$79,210
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 1A

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. Does not have any 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
2024-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Raffi Hamparian
Formed
1997
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
5

Preparer

Firm
Jm&m
Address
10500 LITTLE PATUXENT PARKWAY SUITE, 770, COLUMBIA, MD 21044
Preparer
Meena Bishnoi
Phone
4108840220
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Service agreements: program service expenses 8,460. Management and general expenses 63,240. Fundraising expenses 54,600. Total expenses 126,300.

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.

Raw XML AppendixShowing 400 of 456 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt023606
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt035135
IRS990/AccountsReceivableGrp/BOYAmt012500
IRS990/AccountsReceivableGrp/EOYAmt03550
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO 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.
IRS990/AdvertisingGrp/ProgramServicesAmt017386
IRS990/AdvertisingGrp/TotalAmt017386
IRS990/AllOtherContributionsAmt0942914
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHRIS HEKIMIAN
IRS990/BooksInCareOfDetail/PhoneNum02027428704
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01711 N STREET NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020036
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0345022
IRS990/CashNonInterestBearingGrp/EOYAmt0432196
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt048997
IRS990/ConferencesMeetingsGrp/TotalAmt048997
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0942914
IRS990/CYGrantsAndSimilarPaidAmt0544000
IRS990/CYInvestmentIncomeAmt059660
IRS990/CYOtherExpensesAmt0446092
IRS990/CYOtherRevenueAmt0137005
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0149487
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0990092
IRS990/CYTotalFundraisingExpenseAmt0148317
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01139579
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt01802
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt06352
IRS990/DepreciationDepletionGrp/ProgramServicesAmt054154
IRS990/DepreciationDepletionGrp/TotalAmt062308
IRS990/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 ENCOURAGE EXPANDED ARMENIAN AMERICAN CIVIC AWARENESS AND INVOLVEMENT THROUGHOUT THE UNITED STATES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0902772
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0923348
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0383432
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012174
IRS990/FeesForServicesAccountingGrp/TotalAmt012174
IRS990/FeesForServicesOtherGrp/FundraisingAmt054600
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt063240
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt08460
IRS990/FeesForServicesOtherGrp/TotalAmt0126300
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0CHRIS HEKIMIAN
IRS990/Form990PartVIISectionAGrp/PersonNm1ABRAHAM SAGHDEJIAN
IRS990/Form990PartVIISectionAGrp/PersonNm2BEDROS BANDAZIAN
IRS990/Form990PartVIISectionAGrp/PersonNm3RAFFI HAMPARIAN
IRS990/Form990PartVIISectionAGrp/PersonNm4ARAM HAMPARIAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt0282000
IRS990/GrantsPayableGrp/BOYAmt048000
IRS990/GrantsPayableGrp/EOYAmt064000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0544000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0544000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01204174
IRS990/GrossRentsGrp/RealAmt0201600
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt024875
IRS990/InformationTechnologyGrp/TotalAmt024875
IRS990/InsuranceGrp/FundraisingAmt066
IRS990/InsuranceGrp/ManagementAndGeneralAmt0233
IRS990/InsuranceGrp/ProgramServicesAmt04166
IRS990/InsuranceGrp/TotalAmt04465
IRS990/InvestmentIncomeGrp/ExclusionAmt059660
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt059660
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01004019
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01495159
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01280107
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03563230
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03523488
IRS990/LandBldgEquipCostOrOtherBssAmt04803595
IRS990/LegalDomicileStateCd0IL
IRS990/LessRentalExpensesGrp/RealAmt064595
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt07189298
IRS990/NetAssetsOrFundBalancesEOYAmt07786381
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0137005
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0137005
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0447596
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06286526
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt06863033
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt043543
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01560
IRS990/OccupancyGrp/ManagementAndGeneralAmt05500
IRS990/OccupancyGrp/ProgramServicesAmt035247
IRS990/OccupancyGrp/TotalAmt042307
IRS990/OfficeExpensesGrp/FundraisingAmt090025
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0975
IRS990/OfficeExpensesGrp/ProgramServicesAmt0470
IRS990/OfficeExpensesGrp/TotalAmt091470
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt05519
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt0264
IRS990/OtherExpensesGrp/ProgramServicesAmt015546
IRS990/OtherExpensesGrp/TotalAmt015810
IRS990/OtherLiabilitiesGrp/BOYAmt0158680
IRS990/OtherLiabilitiesGrp/EOYAmt079210
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0100000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04529
IRS990/PrincipalOfficerNm0RAFFI HAMPARIAN
IRS990/ProfessionalFundraisingInd00
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/ExpenseAmt0369869
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0262000
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 REGARDING LITIGATION IMPACTING RECOVERY OF ARMENIAN GENOCIDE ERA ASSETS AND ARMENIAN GENOCIDE EDUCATION. THERE WAS NO ACTIVITY IN THE LEGAL CENTER PROGRAM DURING 2023.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01397395
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0508000
IRS990/PYInvestmentIncomeAmt010121
IRS990/PYOtherExpensesAmt0449733
IRS990/PYOtherRevenueAmt0140512
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0590295
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0957733
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01548028
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0149487
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0137005
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02490284
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02404814
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0942914
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01397395
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01354359
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01763138
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0817927
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06275733
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0261260
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0211050
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0227804
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0271531
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0267072
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01238717
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80780
IRS990ScheduleA/PublicSupportPY170Pct00.81200
IRS990ScheduleA/PublicSupportTotal170Amt06069895
IRS990ScheduleA/SubstantialContributorsTotAmt0205838
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0942914
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01397395
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01354359
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01763138
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0817927
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06275733
IRS990ScheduleA/TotalSupportAmt07514450
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/BoardDesignatedBalanceEOYPct00.57000
IRS990ScheduleD/BuildingsGrp/BookValueAmt02222596
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01173701
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03396297
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01229413
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt095376
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01777154
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0452365
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01524561
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt064800
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01229413
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-359907
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt041
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01049808
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0172738
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01524561
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0306912
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt04897
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0853768
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt043500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01049808
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0155179
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt02639
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0654753
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt025740
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0853768
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0174392
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt01117
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt012122
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0106406
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0118528
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0990092
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01288770
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01288770
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0447596
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt079210
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO ARMENIAN NATIONAL COMMITTEE, AN AFFILIATED ENTITY
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.40000
IRS990ScheduleD/RevenueNotReportedAmt0447596
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01139579
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/TermEndowmentBalanceEOYPct00.03000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03523488
IRS990ScheduleD/TotalExpensesPerForm990Amt0990092
IRS990ScheduleD/TotalLiabilityAmt079210
IRS990ScheduleD/TotalRevenuePerForm990Amt01139579
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01587175
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0990092
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0544000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(4)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
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/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt02
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt043543
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS REPORTING NUMBER OF CONTRIBUTORS.
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. DOES NOT HAVE ANY 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/ExplanationTxt6SERVICE AGREEMENTS: PROGRAM SERVICE EXPENSES 8,460. MANAGEMENT AND GENERAL EXPENSES 63,240. FUNDRAISING EXPENSES 54,600. TOTAL EXPENSES 126,300.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1A
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:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/StatesWhereCopyOfReturnIsFldCd1IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt07419584
IRS990/TotalAssetsEOYAmt07964726
IRS990/TotalAssetsGrp/BOYAmt07419584
IRS990/TotalAssetsGrp/EOYAmt07964726
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0942914
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0148317
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt088474
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0753301
IRS990/TotalFunctionalExpensesGrp/TotalAmt0990092
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0230286
IRS990/TotalLiabilitiesEOYAmt0178345

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings