Civic Intelligence

Armenia Fund Inc.

990 • Fiscal year 2015 • EIN 95-4485698

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

111 N Jackson StGlendale, CA 91206

(818) 243-6222

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.15x

Higher debt load relative to assets than 93% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.02x

Higher debt load relative to revenue than 25% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

15th percentile

-18%

Higher net margin than 15% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

78th percentile

$125,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

1st percentile

-91%

Faster asset growth than 1% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

85th percentile

37%

Faster revenue growth than 85% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$74,399

Down $726,606 (-91%) from 2014

Net Assets

Down

-$11,119

Down $749,095 (-102%) from 2014

Liabilities

Up

$85,518

Up $22,489 (+36%) from 2014

Revenue

Up

$4,207,167

Up $1,136,463 (+37%) from 2014

Expenses

Up

$4,956,262

Up $1,506,257 (+44%) from 2014

Net Income

Down

-$749,095

Down $369,794 (-97%) from 2014

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0-$20MAssets 2010: $2,074,545Liabilities 2010: $15,040Net Assets 2010: $2,059,5052010Assets 2011: $762,151Liabilities 2011: $44,223Net Assets 2011: $717,9282011Assets 2012: $674,765Liabilities 2012: $85,285Net Assets 2012: $589,4802012Assets 2013: $1,162,981Liabilities 2013: $45,704Net Assets 2013: $1,117,2772013Assets 2014: $801,005Liabilities 2014: $63,029Net Assets 2014: $737,9762014Assets 2015: $74,399Liabilities 2015: $85,518Net Assets 2015: -$11,1192015Assets 2016: $886,283Liabilities 2016: $41,163Net Assets 2016: $845,1202016Assets 2017: $1,238,193Liabilities 2017: $35,551Net Assets 2017: $1,202,6422017Assets 2018: $1,916,467Liabilities 2018: $22,734Net Assets 2018: $1,893,7332018Assets 2019: $1,266,290Liabilities 2019: $40,161Net Assets 2019: $1,226,1292019Assets 2020: $64,567,036Liabilities 2020: $176,411Net Assets 2020: $64,390,6252020Assets 2021: $68,598,938Liabilities 2021: $40,568Net Assets 2021: $68,558,3702021Assets 2022: $52,336,741Liabilities 2022: $33,296Net Assets 2022: $52,303,4452022Assets 2023: $44,802,290Liabilities 2023: $78,788Net Assets 2023: $44,723,5022023Assets 2024: $49,154,835Liabilities 2024: $18,780Net Assets 2024: $49,136,0552024

Highlighted filing

2015

Assets$74,399
Liabilities$85,518
Net Assets-$11,119

Operations Trend

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

$150M$100M$50M$0-$50MExpenses 2010: $1,662,9432010Expenses 2011: $1,630,2562011Expenses 2012: $2,056,7752012Revenue 2013: $2,311,286Expenses 2013: $1,783,489Net Income 2013: $527,7972013Revenue 2014: $3,070,704Expenses 2014: $3,450,005Net Income 2014: -$379,3012014Revenue 2015: $4,207,167Expenses 2015: $4,956,262Net Income 2015: -$749,0952015Revenue 2016: $4,700,482Expenses 2016: $3,844,243Net Income 2016: $856,2392016Revenue 2017: $8,842,819Expenses 2017: $8,485,297Net Income 2017: $357,5222017Revenue 2018: $3,916,864Expenses 2018: $3,225,773Net Income 2018: $691,0912018Revenue 2019: $1,819,460Expenses 2019: $2,769,930Net Income 2019: -$950,4702019Revenue 2020: $129,595,988Expenses 2020: $66,456,299Net Income 2020: $63,139,6892020Revenue 2021: $8,000,794Expenses 2021: $4,446,147Net Income 2021: $3,554,6472021Revenue 2022: $1,461,457Expenses 2022: $10,131,468Net Income 2022: -$8,670,0112022Revenue 2023: $477,839Expenses 2023: $14,889,490Net Income 2023: -$14,411,6512023Revenue 2024: $2,913,397Expenses 2024: $2,790,036Net Income 2024: $123,3612024

Highlighted filing

2015

Revenue$4,207,167
Expenses$4,956,262
Net Income-$749,095
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.0
Gross Receipts
$4,207,167
Mission and Program Overview

Mission

Support the people of Armenia

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$783,910$62,350▼ $721,560
Land, Buildings, and Equipment, Net$15,781$12,049▼ $3,732
Prepaid Expenses and Deferred Charges$1,314$0▼ $1,314
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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$801,005$74,399▼ $726,606
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$63,029$85,518▲ $22,489
Total Liabilities$63,029$85,518▲ $22,489
Net Assets / Fund Balance
Unrestricted Net Assets$737,976$-11,119▼ $749,095
Total Net Assets Fund Balance$737,976$-11,119▼ $749,095
Total Liabilities and Net Assets / Fund Balance$801,005$74,399▼ $726,606

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,049$9,375$21,424
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Elisabeth A TopianDivelopment DirectorFT$125,000$125,000
Sargis KotanjyanExecutive DirectorFT$120,000$120,000
Sargis TorosyanVideo Prod ManagerFT$102,500$102,500
Revenue and Support

Revenue Composition

Contributions and Grants
$4,145,285
Program Service Revenue
$61,710
Investment Income
$172
Other Revenue
$0
All Other Contributions
$4,145,285
Change in Net Assets
$-749,095

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
Drugs and Medical Supplies3$481,361Fair Market Value (FMV)
Other Non Cash Contri Table2$6,550Fair Market Value (FMV)
Total Noncash Contributions5$487,911-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,207,167
Revenue Not Reported on Form 990
$556
Total Revenue per Audited Statements
$4,207,723
Total Revenue per Form 990
$4,207,167
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,549,346
Total Fundraising Expense$1,915,977
Other Expenses$1,830,371
Salaries, Compensation, and Employee Benefits$576,545
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$2,549,346--$2,549,346
All Other Expenses$108,856$1,694$244,834$355,384
Current Officers, Directors, Trustees, and Key Employees--$347,500$347,500
Fees for Services Other-$11,729$134,290$146,019
Other Expenses$296,977-$135,008$135,008
Other Salaries and Wages--$130,000$130,000
Advertising--$121,669$121,669
Other Employee Benefits--$61,647$61,647
Travel$52,156--$52,156
Occupancy--$44,520$44,520
Payroll Taxes--$37,398$37,398
Information Technology--$22,907$22,907
Office Expenses--$16,678$16,678
Fees for Services Legal-$14,401-$14,401
Interest--$9,731$9,731
Insurance--$6,876$6,876
Fees for Services Accounting-$5,126-$5,126
Depreciation Depletion--$3,732$3,732
Total Functional Expenses$3,007,335$32,950$1,915,977$4,956,262

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,956,818
Expenses per Audited Statements$4,956,262
Total Expenses per Form 990$4,956,262
Expenses Not Reported on Form 990$556
International Activity

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
ArmeniaProgram servicesWater, housing, educ00$0
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
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Line 11B: Form 990 Review Process

All board members reviewed the Form 990 and approved its submission at the October 27, 2015 Armenia Fund's Corporate Board meeting.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members monitor contracts, expenditures and other transactions at each meeting.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Salaries paid by other organizations to their employees are reviewed by the board.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Disclosure is provided upon request to the organization.

Filing and Contact Details

Filer

Filer Name
Armenia Fund Inc
EIN
95-4485698
Phone
8182436222
Address
111 N Jackson St, Glendale, CA 91206

Signing Officer

Name
Maria Mehranian
Title
Chair
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
1994
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
5
Volunteers
300

Preparer

Firm
Neely Accountancy Corp
Address
17037 CHATSWORTH ST 208A, Granada Hills, CA 91344-5825
Preparer
Thomas K Neely
Phone
8183609800
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Noyemberyan Hospital Medical Equipment:High quality, hospital grade new and refurbished medical and surgical equipment were sourced from the U.S. and donated to the Noyemberyan Hospital in Noyemberyan, Armenia. The hospital's surgical capacity was doubled thanks to the new equipment. In addition, the new equipment will help boost patient safety and allow for life saving procedures and surgeries. The hospital is located in a remote, rural area of Armenia and often times has difficulty in access to medical and surgical resources. OTHER PROGRAM SERVICES 5: Housing for Needy Families in Artsakh:Currently there are several families with five or more children living in the most remote parts of Armenia's rural regions. These families are mostly based in areas that are cut off from the capital and have extremely limited access to resources. Living in the distant villages of Artsakh, a considerable percentage of the families are deprived of proper housing and live in small shelters shared with other families. The lack of adequate housing poses a whole range of problems starting from public health issues to unavailability of basic amenities.The project calls for the construction of new homes for those families. The houses will be single floored buildings with an area of about 100 square meters and 1000 square meters of enclosing outdoor area Each house will have a living room, three bedrooms, a kitchen and bathroom. The kitchen, the corridor and the bathroom floors will be tiled. The bedrooms and the living room will have parquet flooring. The buildings will be provided with hot and cold running water sewage and electrical systems. The roofs will be covered with metal tiles. The project also includes area upgrade and the fencing of the yard for secure access reasons. OTHER PROGRAM SERVICES 6: OTHER PROGRAM SERVICES 7: Sos Village School:New construction for the Sos Village School in the Artsakh region. The school will feature a newly designed campus with a new building, complete with new classrooms, furniture and other necessary elements required for a school. The new school will have hot and cold running water, proper heating needed for the harsh winter climate and other safety features. The school will also include a kindergarten and serve as the only center of learning for this remote, rural village. The school is expected to serve up to 250 students with plans to expand further if the need arises. OTHER PROGRAM SERVICES 8: OTHER PROGRAM SERVICES 9: Gyumri Housing Project:The project completely refurbished and newly furnished apartments to homeless families in Gyunri, Armenia. The families lost their homes after the devastating earthquake and were forced to live in decaying temporary metal huts. Thanks to this project, families now have clean living quarters, complete with a bedroom and restroom with hot and cold running water, as well as kitchen appliances, furniture and other basic elements needed. OTHER PROGRAM SERVICES 10: Shushi Housing:Provided refurbished apartment units complete with furniture and appliances for needy homeless families in the Shushi, Artsakh region. The families included those living in extreme poverty, as well as those with disabilities. OTHER PROGRAM SERVICES 11: Cultural Program:Cultural programs provided funds to help cultural programs in Armenia in the realms of music, art, and educational development. OTHER PROGRAM SERVICES 12: Proshyan Youth Center:The Proshyan Youth Center was provided new desks, lockers, cabinets, chairs and office equipment. The high quality wooden made items were purchased by Armenia Fund and delivered to the center. The project also covered the proper installation of all items. OTHER PROGRAM SERVICES 13: Olympic Project:Provided funds to help support young athletes in need. The project entailed the sponsorship of equipment and other items needed to help organize their athletic activities. OTHER PROGRAM SERVICES 14: Stepanakert School #9:Stepanakert School

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12120000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13125000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14102500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Divelopment Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Video Prod Manager
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IRS990/Form990TFiledInd0false
IRS990/FormationYr01994
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/IncludeFIN48FootnoteInd0false
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IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt022907
IRS990/InformationTechnologyGrp/TotalAmt022907
IRS990/InsuranceGrp/FundraisingAmt06876
IRS990/InsuranceGrp/TotalAmt06876
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt09731
IRS990/InterestGrp/TotalAmt09731
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0172
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0172
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt040
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09375
IRS990/LandBldgEquipBasisNetGrp/BOYAmt015781
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012049
IRS990/LandBldgEquipCostOrOtherBssAmt021424
IRS990/LegalDomicileStateCd0CA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Support the people of Armenia
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0true
IRS990/NetAssetsOrFundBalancesBOYAmt0737976
IRS990/NetAssetsOrFundBalancesEOYAmt0-11119
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0487911
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt044520
IRS990/OccupancyGrp/TotalAmt044520
IRS990/OfficeExpensesGrp/FundraisingAmt016678
IRS990/OfficeExpensesGrp/TotalAmt016678
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt061647
IRS990/OtherEmployeeBenefitsGrp/TotalAmt061647
IRS990/OtherExpensesGrp/Desc0Telethon production
IRS990/OtherExpensesGrp/Desc1Genocide awareness
IRS990/OtherExpensesGrp/Desc2Public relations
IRS990/OtherExpensesGrp/Desc3Other fundraising
IRS990/OtherExpensesGrp/FundraisingAmt0407083
IRS990/OtherExpensesGrp/FundraisingAmt1192104
IRS990/OtherExpensesGrp/FundraisingAmt2135008
IRS990/OtherExpensesGrp/ProgramServicesAmt0296977
IRS990/OtherExpensesGrp/TotalAmt0407083
IRS990/OtherExpensesGrp/TotalAmt1296977
IRS990/OtherExpensesGrp/TotalAmt2192104
IRS990/OtherExpensesGrp/TotalAmt3135008
IRS990/OtherRevenueMiscGrp/Desc0Insurance refunds
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0130000
IRS990/OtherSalariesAndWagesGrp/TotalAmt0130000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt037398
IRS990/PayrollTaxesGrp/TotalAmt037398
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01314
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Educational program
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt061710
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt061710
IRS990/ProgSrvcAccomActy2Grp/Desc0In-kind donations of medicine, food and shoes for children in Armenia were received from other organizations and individuals. The items were collected by Armenia Fund and sent to Armenia. All items were distributed to entities in need, such as orphanages, schools for special needs children, and medical facilities. In addition, high quality vitamins and medications were donated to the pediatric units of medical centers in rural regions of Armenia - and area where children are in th most need for proper supplemental vitamins.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0487911
IRS990/ProgSrvcAccomActy3Grp/Desc0Stepanakert School #9:Stepanakert School #9 was built in 1974 and currently 320 students attend this educational institution. During the early 1990's the school was severely damaged during the war. The school consists of two two-storied and one three storied buildings. The school facilities also incorporates a preschool which will be rebuilt to accommodate more students and special needs students. The entire school will be completely reconstructed. Concrete reinforcement of floors, internal and external walls will be carried out. New doors and windows will be installed. The staircases will be rebuilt and the roofing will be replaced with metal tiles. The school will be equipped with a new boiler room, heating, water supply, sewerage and ventilation systems. The project also includes the rebuilding and upgrade of the workshops, lab classrooms, the kitchen block and the health clinic. All engineering networks, including electrical wiring will be replaced. THe school's landscape will be upgraded and new playground will be installed.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0320000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02930455
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01031169
IRS990/PYInvestmentIncomeAmt0166
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01945410
IRS990/PYOtherRevenueAmt0374
IRS990/PYProgramServiceRevenueAmt0139709
IRS990/PYRevenuesLessExpensesAmt0-379301
IRS990/PYSalariesCompEmpBnftPaidAmt0473426
IRS990/PYTotalExpensesAmt03450005
IRS990/PYTotalRevenueAmt03070704
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-749095
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0783910
IRS990/SavingsAndTempCashInvstGrp/EOYAmt062350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04145285
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02930455
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02310986
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02130138
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02046724
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt013563588
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0172
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0166
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0300
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0203
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0178
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01019
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0139709
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt061710
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0140083
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0201793
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98530
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt013563588
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04145285
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02930455
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02310986
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02130138
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02046724
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt013563588
IRS990ScheduleA/TotalSupportAmt013766400
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$49.2$0.02$49.1$2.91$2.79$0.12
2023Summary only. Only limited summary data is available for this year.$44.8$0.08$44.7$0.48$14.9$14.4
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.3$0.03$52.3$1.46$10.1$8.67
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$68.6$0.04$68.6$8.00$4.45$3.55
2020Summary only. Only limited summary data is available for this year.$64.6$0.18$64.4$130$66.5$63.1
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.04$1.23$1.82$2.77$0.95
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.92$0.02$1.89$3.92$3.23$0.69
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.04$1.20$8.84$8.49$0.36
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.04$0.85$4.70$3.84$0.86
2015Detailed filing. Detailed filing data is available for this year.$0.07$0.09$0.01$4.21$4.96$0.75
2014Detailed filing. Detailed filing data is available for this year.$0.80$0.06$0.74$3.07$3.45$0.38
2013Detailed filing. Detailed filing data is available for this year.$1.16$0.05$1.12$2.31$1.78$0.53
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.09$0.59$2.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.04$0.72$1.63
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.07$0.02$2.06$1.66