Overview
What is One Armenia Inc?
One Armenia Inc, situated in Miami Beach, Florida, is a nonprofit organization with a mission to foster innovation and entrepreneurship in Armenia and beyond. By collaborating with academic, governmental, and non-governmental organizations, as well as global players, they aim to explore and develop cutting-edge, commercially viable, and globally competitive solutions in agriculture, tourism, technology, and local production. Their primary objective is to stimulate job creation in Armenia through crowdfunding for sustainable and innovative projects.
Official website here: www.onearmenia.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
One Armenia Inc has received a one-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The low score is primarily due to a lack of independent board members and missing critical policies such as conflict of interest and whistleblower protections. The organization does maintain a good program expense ratio, indicating that it allocates 100% of its expenses to its programs.
Despite some strengths in the management of its assets, such as a perfect liabilities to assets ratio, the absence of financial statements and transparency in governance practices raises red flags for potential donors. The organization has not posted its tax form on its website, further contributing to the lack of transparency.
Overall, while One Armenia Inc is committed to its programs, the accountability and governance issues highlighted in its rating suggest that potential supporters should carefully consider these factors before contributing.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about One Armenia Inc?
92% of 221 reviewers on Facebook recommend One Armenia Inc. Here is a summary of their reviews:
Many users highlight the organization's commitment to excellence and transparency in its initiatives. Reviewers appreciate the detailed follow-up on funded and completed projects, which adds to the accountability and trustworthiness of the nonprofit.
Overall, the sentiment towards One Armenia Inc. is very positive, with supporters expressing confidence in the nonprofit's ability to deliver meaningful results through its programs. This level of assurance from the community indicates a strong endorsement of its mission and activities.
This AI summary has been generated from reviews found on Facebook.
Is One Armenia Inc legitimate?
One Armenia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. One Armenia Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $182,582
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.onearmenia.org
What is the mission statement of One Armenia Inc?
One Armenia Inc's mission is centered around supporting job creation in Armenia. They achieve this through crowdfunding, specifically for innovative and sustainable projects in sectors such as agriculture, tourism, technology, and local production. By funding these projects, One Armenia Inc aims to empower local innovators and entrepreneurs, enabling them to develop globally competitive solutions. The organization collaborates with various academic, governmental, and non-governmental entities, as well as global players, to foster innovation and exploration in Armenia and beyond.
Official website here: www.onearmenia.org
Who is the CEO of One Armenia Inc?
Patrick Sarkissian is the Director of One Armenia Inc.
Official website here: www.onearmenia.org
What is the revenue of One Armenia Inc?
One Armenia Inc's revenue in 2022 was $1,616,095.
Official website here: www.onearmenia.org
Who are the executives of One Armenia Inc and what are their salaries?
There 3 volunteers at One Armenia Inc.
Here are 3 key members and their salaries:
- Compensation: $149,573
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $32,009
- Related: $0
- Other: $0
Official website here: www.onearmenia.org
Where can I find the form 990 for One Armenia Inc?
One Armenia Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.onearmenia.org
Learn more at the official website: www.onearmenia.org
Mission Statement of One Armenia Inc
One Armenia Inc, driven by a forward-thinking mindset, aims to stimulate job creation in Armenia by facilitating crowdfunding for innovative and sustainable projects. These projects primarily focus on four sectors: agriculture, tourism, technology, and local production. By supporting these ventures, One Armenia Inc strives to empower innovators and entrepreneurs in Armenia, enabling them to compete on a global stage. The organization collaborates with academic, governmental, non-governmental organizations, and international players, fostering an environment that explores and develops cutting-edge solutions.
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Impact
July, 2024
One Armenia Inc supports job creation in Armenia through crowdfunding for innovative and sustainable projects in agriculture, tourism, technology, and local production. This organization is inspired by tomorrow and is building an ecosystem of innovation to empower scientists, technologists, and innovators in Armenia and beyond to succeed on the global stage. By focusing on entrepreneurial endeavors, One Armenia Inc enables innovators to develop cutting-edge, commercially viable, and globally competitive solutions. Through partnerships with academic, governmental, and non-governmental organizations, as well as global players, One Armenia Inc is exploring and creating what's next in Armenia's economic landscape.
This information is meant to be a general summary of One Armenia Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $1,616,095
Assets and Liabilities:
- Total Assets: $17,370
- Total Liabilities: $0
- Net Assets: $17,370
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Organization Details
Founding Year
2014
Phone
(917) 432-4078Principal Officer
Patrick Sarkissian
Main Address
3801 COLLINS AVE 1002, MIAMI BEACH, FL, 33140
Website
www.onearmenia.orgNTEE Category
Code: T30 - Philanthropy
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