Civic Intelligence

Armenian Research Foundation

EIN 52-1062099 • 501(c)3 • Los Angeles, CA

Profile

To foster, encourage and support armenian schools, colleges, faculties and research; promote armenian communities and cultural activities; and promote the armenian language.

3408 Blair DriveLos Angeles, CA 90068

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

2nd percentile

-146%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

30th percentile

-2.8%

Faster asset growth than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-27%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets19th percentile

Assets

Down

$2,055,715

Down $59,114 (-2.8%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$2,055,715

Down $59,114 (-2.8%) from 2023

Operations
Liabilities / Revenue20th percentileNet Margin2nd percentile

Revenue

Down

$40,507

Down $14,610 (-27%) from 2023

Expenses

Up

$99,621

Up $35,624 (+56%) from 2023

Net Income

Down

-$59,114

Down $50,234 (-566%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth30th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $1,298,735Liabilities 2011: $0Net Assets 2011: $1,298,7352011Assets 2012: $1,260,394Liabilities 2012: $0Net Assets 2012: $1,260,3942012Assets 2013: $1,305,591Liabilities 2013: $0Net Assets 2013: $1,305,5912013Assets 2014: $1,343,009Liabilities 2014: $0Net Assets 2014: $1,343,0092014Assets 2015: $1,503,610Liabilities 2015: $0Net Assets 2015: $1,503,6102015Assets 2016: $1,626,975Liabilities 2016: $0Net Assets 2016: $1,626,9752016Assets 2017: $1,619,270Liabilities 2017: $0Net Assets 2017: $1,619,2702017Assets 2018: $1,654,765Liabilities 2018: $0Net Assets 2018: $1,654,7652018Assets 2019: $1,433,954Liabilities 2019: $0Net Assets 2019: $1,433,9542019Assets 2020: $1,907,266Liabilities 2020: $0Net Assets 2020: $1,907,2662020Assets 2021: $2,081,140Liabilities 2021: $0Net Assets 2021: $2,081,1402021Assets 2022: $2,023,184Liabilities 2022: $0Net Assets 2022: $2,023,1842022Assets 2023: $2,114,829Liabilities 2023: $0Net Assets 2023: $2,114,8292023Assets 2024: $2,055,715Liabilities 2024: $0Net Assets 2024: $2,055,7152024

Highlighted filing

2024

Assets$2,055,715
Liabilities$0
Net Assets$2,055,715
Open 2024 Filing

Operations Trend

Revenue Growth12th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200K-$400KRevenue 2011: $72,921Expenses 2011: $82,647Net Income 2011: -$9,7262011Revenue 2012: $40,308Expenses 2012: $78,649Net Income 2012: -$38,3412012Revenue 2013: $120,773Expenses 2013: $75,576Net Income 2013: $45,1972013Revenue 2014: $129,478Expenses 2014: $92,060Net Income 2014: $37,4182014Revenue 2015: $240,294Expenses 2015: $86,456Net Income 2015: $153,8382015Revenue 2016: $233,861Expenses 2016: $110,496Net Income 2016: $123,3652016Revenue 2017: $116,518Expenses 2017: $124,223Net Income 2017: -$7,7052017Revenue 2018: $201,786Expenses 2018: $137,449Net Income 2018: $64,3372018Revenue 2019: $60,583Expenses 2019: $281,394Net Income 2019: -$220,8112019Revenue 2020: $59,350Expenses 2020: $25,230Net Income 2020: $34,1202020Revenue 2021: $74,773Expenses 2021: $119,319Net Income 2021: -$44,5462021Revenue 2022: $31,477Expenses 2022: $75,010Net Income 2022: -$43,5332022Revenue 2023: $55,117Expenses 2023: $63,997Net Income 2023: -$8,8802023Revenue 2024: $40,507Expenses 2024: $99,621Net Income 2024: -$59,1142024

Highlighted filing

2024

Revenue$40,507
Expenses$99,621
Net Income-$59,114
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,055,715
Liabilities
$0
Net assets
$2,055,715
Revenue
$40,507
Expenses
$99,621
Net income
-$59,114
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.06$0.00$2.06$0.04$0.10$0.06
2023Detailed filing. Detailed filing data is available for this year.$2.11$0.00$2.11$0.06$0.06$0.01
2022Detailed filing. Detailed filing data is available for this year.$2.02$0.00$2.02$0.03$0.08$0.04
2021Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$0.07$0.12$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.91$0.00$1.91$0.06$0.03$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.43$0.00$1.43$0.06$0.28$0.22
2018Detailed filing. Detailed filing data is available for this year.$1.65$0.00$1.65$0.20$0.14$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.62$0.00$1.62$0.12$0.12$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.63$0.00$1.63$0.23$0.11$0.12
2015Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.50$0.24$0.09$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.34$0.00$1.34$0.13$0.09$0.04
2013Detailed filing. Detailed filing data is available for this year.$1.31$0.00$1.31$0.12$0.08$0.05
2012Summary only. Only limited summary data is available for this year.$1.26$0.00$1.26$0.04$0.08$0.04
2011Summary only. Only limited summary data is available for this year.$1.30$0.00$1.30$0.07$0.08$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$123,996
Mission and Program Overview

Mission

To foster, encourage and support armenian schools, colleges, faculties and research; promote armenian communities and cultural activities; and promote the armenian language.

Encourage and support armenian schools, and promote armenian cultural activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,723,067$1,645,834▼ $77,233
Savings and Temporary Cash Investments$391,762$409,881▲ $18,119
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,114,829$2,055,715▼ $59,114
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,114,829$2,055,715▼ $59,114
Total Net Assets Fund Balance$2,114,829$2,055,715▼ $59,114
Total Liabilities and Net Assets / Fund Balance$2,114,829$2,055,715▼ $59,114
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Garbis TitizianChairman
Bedig KazandjianAdvisor
Garo AgopianSecretary
Rod ShahinianTreasurer/ V.p.
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$40,507
Other Revenue
$0
Change in Net Assets
$-59,114
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$95,000
Other Expenses$4,621
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$95,000--$95,000
Fees for Services Other-$3,296-$3,296
Fees for Services Accounting-$1,200-$1,200
Fees for Services Legal-$125-$125
Total Functional Expenses$95,000$4,621$0$99,621
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The form 990 is made available to all board members upon request, and the president and treasurer of the organization both review the form 990 before it is filed.”

Form 990, Part VI, Section B, Line 12C

“All board members are familiar with the conflict of interest policy, and monitors the actions of the other members.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Armenian Research Foundation
EIN
52-1062099
Phone
3232195012
Address
3408 BLAIR DRIVE, LOS ANGELES, CA 90068

Signing Officer

Name
Rod Shahinian
Title
Treasurer
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
1977
Legal Domicile
Dc
Voting Board Members
4
Independent Board Members
0
Employees
0

Preparer

Firm
Agopian and Baboghli
Address
21081 S Western Ave Ste 260, Torrance, CA 90501
Preparer
George Baboghli
Phone
3102126443
Raw XML Appendix333 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.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ARMENIAN RESEARCH FOUNDATION IS PUBLICLY SUPPORTED ORGANIZATION THAT RAISES FUNDS PRIMARILY BY SOLICITING DONATIONS FROM ARMENIAN-AMERICANS LIVING IN THE US AND INCOME FROM INVESTMENTS THAT WERE ORIGINALLY CONTRIBUTED BY ARMENIAN-AMERICANS.THE ORGANIZATION MAINTAINS CONTINUOUS BONA FIDE PROGRAMS BY HOLDING ANNUAL FUNDRASING ACTIVITIES TO SOLICIT DONATIONS FROM ARMENIAN-AMERICANS LIVING IN THE US.HOWEVER DUE TO NUMEROUS OTHER ORGANIZATIONS SOLICITING FUNDS TO ASSIST DESTITUTE MASSES OF ARMENIANS EXILED FROM THEIR HOMELAND, OUR ORGANIZATION HAS PUT FUNDRAISING EVENTS ON HOLD AND CONCENTRATED IN RAISING REVENUE THROUGH INVESTMENTS.THE ORGANIZATION HAS A GOVERNING BODY WHICH REPRESENTS A BROAD INTEREST OF THE ARMENIAN COMMUNITY CONSISTANT WITH THE MISSION OF THE ORGANIZAITON. THE BOARD CONSISTS OF QUALIFIED MEMBERS WHO HAVE LEADERSHIP SKILLS IN A VARIETY OF SOCIAL AND CULTURAL FIELDS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Support Schedule: Additional Supplemental Information
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt055117
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt033189
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt071373
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt039351
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0239537
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
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IRS990ScheduleA/PublicSupportCY170Pct00.07860
IRS990ScheduleA/PublicSupportPY170Pct00.12180
IRS990ScheduleA/PublicSupportTotal170Amt020659
IRS990ScheduleA/SubstantialContributorsTotAmt02741
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt020000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt023400
IRS990ScheduleA/TotalSupportAmt0262937
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IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS MADE AVAILABLE TO ALL BOARD MEMBERS UPON REQUEST, AND THE PRESIDENT AND TREASURER OF THE ORGANIZATION BOTH REVIEW THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS ARE FAMILIAR WITH THE CONFLICT OF INTEREST POLICY, AND MONITORS THE ACTIONS OF THE OTHER MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt02055715
IRS990/TotalAssetsGrp/BOYAmt02114829
IRS990/TotalAssetsGrp/EOYAmt02055715
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04621
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt095000
IRS990/TotalFunctionalExpensesGrp/TotalAmt099621
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02114829
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02055715
IRS990/TotalProgramServiceExpensesAmt095000
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt040507
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt040507
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02114829
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02055715
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03408 BLAIR DRIVE
IRS990/USAddress/CityNm0LOS ANGELES
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090068
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROD SHAHINIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARMENIAN RESEARCH FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ARME
ReturnHeader/Filer/EIN0521062099
ReturnHeader/Filer/PhoneNum03232195012
ReturnHeader/Filer/USAddress/AddressLine1Txt03408 BLAIR DRIVE
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090068
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273056423
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Agopian and Baboghli
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt021081 S Western Ave Ste 260
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Torrance
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090501
ReturnHeader/PreparerPersonGrp/PhoneNum03102126443
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0George Baboghli
ReturnHeader/ReturnTs02025-11-14T14:27:06-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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