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Friends Of Teach For Armenia Incorporated

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 472833171 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Teach For Armenia Incorporated?

Friends of Teach For Armenia Incorporated is a nonprofit organization based in Los Angeles, California. Their mission is centered around combating educational inequality in Armenia, which they achieve through various initiatives such as organizing events, forums, and volunteer programs. The primary goal of this organization is to raise funds to enhance educational outcomes for students in underserved communities. To accomplish this, Friends of Teach For Armenia collaborates with the Teach For All network. They recruit and train recent college graduates, aiming to eliminate educational disparities, especially in Armenia. To finance their objectives, they launch fundraising campaigns.


Official website here: www.friendsofteachforarmenia.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84%, Three-Star out of Four Star rating.

Friends Of Teach For Armenia has demonstrated a solid performance in accountability and finance, achieving an impressive 83% in this category. The organization boasts a fully independent board, with all members participating, and has not reported any material diversion of assets. Additionally, their program expense ratio is high at nearly 94%, indicating that a significant portion of their budget is directed towards their programs rather than administrative costs.

The nonprofit excels in leadership and adaptability, scoring a perfect 100% in this category. Their strategic planning and leadership processes are commendable, as is their ability to adapt to changing circumstances. Furthermore, Friends Of Teach For Armenia has effectively implemented a robust feedback collection and usage system, ensuring they remain responsive to community needs and stakeholder inputs.

While the organization has strong points in various areas, their lower scores in culture and community (7%) may suggest room for improvement in fostering a deeper community connection and engagement. Overall, the organization appears to be well-managed with a strong focus on its mission and financial integrity.


This AI summary has been generated from information found on Charity Navigator.

Is Friends Of Teach For Armenia Incorporated legitimate?

Friends Of Teach For Armenia Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Teach For Armenia Incorporated 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.friendsofteachforarmenia.org

What is the mission statement of Friends Of Teach For Armenia Incorporated?

Friends of Teach For Armenia Incorporated is committed to combating educational inequality, particularly in Armenia. They achieve this by collaborating with the Teach For All network. Their strategy involves raising funds, recruiting and training recent college graduates, and launching fundraising campaigns to enhance educational outcomes for children from impoverished backgrounds. Their mission also includes building awareness about educational inequity in Armenia through events, forums, and volunteer programs.


Official website here: www.friendsofteachforarmenia.org

Who is the CEO of Friends Of Teach For Armenia Incorporated?

Larisa Hovannisian is the Chair/President of Friends Of Teach For Armenia Incorporated.


Official website here: www.friendsofteachforarmenia.org

What is the revenue of Friends Of Teach For Armenia Incorporated?

Friends Of Teach For Armenia Incorporated's revenue in 2022 was $560,929.


Official website here: www.friendsofteachforarmenia.org

Who are the executives of Friends Of Teach For Armenia Incorporated and what are their salaries?

There 11 volunteers at Friends Of Teach For Armenia Incorporated.


Here are 5 key members and their salaries:


Larisa Hovannisian (Chair/President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suren Seropian (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Torosyan (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sylva Simonian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Aslanian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.friendsofteachforarmenia.org

Where can I find the form 990 for Friends Of Teach For Armenia Incorporated?

Friends Of Teach For Armenia Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.friendsofteachforarmenia.org

Learn more at the official website: www.friendsofteachforarmenia.org

Mission Statement of Friends Of Teach For Armenia Incorporated

Friends of Teach For Armenia Incorporated is committed to addressing educational inequality, particularly in Armenia. They accomplish this mission by collaborating with the Teach For All network. This collaboration involves raising funds to enhance educational outcomes for children from poverty-stricken communities. The organization recruits and trains recent college graduates to work towards this goal. Furthermore, Friends of Teach For Armenia Incorporated initiates fundraising campaigns to finance all their objectives.

In their endeavor to eliminate educational inequality, Friends of Teach For Armenia Incorporated also raises awareness about this issue. They do this through various means such as events, forums, and volunteer programs. By engaging the community in these activities, they aim to foster a sense of understanding and commitment towards improving educational opportunities for underprivileged children.

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Impact




July, 2024

Friends Of Teach For Armenia Incorporated aims to eliminate educational inequity, especially in Armenia, by working with the Teach For All network to raise funds to improve educational outcomes for students in underserved communities. Through their efforts, they build awareness around the issue of educational inequity in Armenia through events, forums, and volunteer programs. Their impact includes recruiting and training recent college graduates to work with poverty-stricken children, launching fundraising campaigns to finance their objectives, and ultimately making a significant difference in improving educational outcomes for those in need.




This information is meant to be a general summary of Friends Of Teach For Armenia Incorporated. 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.

Revenue
$560,929 (2022)
Expenses
$266,522 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $560,929

Assets and Liabilities:

  • Total Assets: $808,351
  • Total Liabilities: $0
  • Net Assets: $808,351

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Organization Details

Founding Year

2013

Principal Officer

Larisa Hovannisian

Main Address

101 GROVERTON PLACE, LOS ANGELES, CA, 90077

NTEE Category

Code: B11 - Education

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