Overview
What is Armenia Fund Inc?
Armenia Fund Inc is a 501(c)(3) nonprofit organization, founded in 1994, dedicated to providing substantial humanitarian aid and infrastructure development support to Armenia and Nagorno-Karabakh. Their mission is to assist these regions by facilitating large-scale projects, demonstrating a strong commitment to the welfare of the Armenian people. This nonprofit corporation operates as a charitable entity, aiming to make a significant impact on the lives of those residing in these regions.
Official website here: www.armeniafund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
Armenia Fund Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The overall score reflects a significant focus on fiscal responsibility, with a perfect score of 100% in accountability measures. This high rating is particularly noteworthy, as it underscores the organization's commitment to transparency and sound financial practices.
The organization demonstrates robust governance, with an entirely independent board comprising 13 members. It has also established essential policies, such as conflict of interest and whistleblower policies, which enhance its operational integrity. Furthermore, Armenia Fund has a commendable program expense ratio of 95.89%, suggesting that a large portion of its funds is directed towards its charitable programs rather than administrative costs.
While the organization has excelled in financial management and governance, there are no specific limitations noted in the data provided. Overall, Armenia Fund Inc stands out as a well-managed nonprofit that effectively allocates resources to support its mission and maintain a high level of accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Armenia Fund Inc legitimate?
Armenia Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Armenia Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $183,600
For more financial information, click here
Official website here: www.armeniafund.org
What is the mission statement of Armenia Fund Inc?
Armenia Fund Inc, a non-profit organization established in 1994, is dedicated to providing humanitarian and infrastructure development aid on a large scale to Armenia and Nagorno Karabakh. Its mission is to support the people in these regions by facilitating assistance in various sectors. Armenia Fund functions as a tax-exempt corporation, with the aim of making a substantial impact in the lives of those in need.
Official website here: www.armeniafund.org
Who is the CEO of Armenia Fund Inc?
Maria Mehranian is the Director of Armenia Fund Inc.
Official website here: www.armeniafund.org
What is the revenue of Armenia Fund Inc?
Armenia Fund Inc's revenue in 2022 was $1,461,457.
Official website here: www.armeniafund.org
Who are the executives of Armenia Fund Inc and what are their salaries?
The average compensation at Armenia Fund Inc during 2022 was $61,200. There are 3 employees and 400 volunteers at Armenia Fund Inc.
Here are 13 key members and their salaries:
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Official website here: www.armeniafund.org
Where can I find the form 990 for Armenia Fund Inc?
Armenia Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.armeniafund.org
Learn more at the official website: www.armeniafund.org
Mission Statement of Armenia Fund Inc
Armenia Fund Inc, a non-profit organization established in 1994, is committed to providing humanitarian and infrastructure development aid to Armenia and Nagorno Karabakh. This charitable corporation, classified as a 501(c)(3) tax-exempt entity, aims to facilitate substantial assistance in these regions. Armenia Fund's mission is to contribute to the betterment of the people living in these areas, focusing on large-scale projects that directly impact their daily lives.
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Impact
July, 2024
Armenia Fund Inc has a significant impact in supporting the people of Armenia and Nagorno Karabakh through large-scale humanitarian and infrastructure development assistance. Since its establishment in 1994, the organization has played a crucial role in providing much-needed aid to these regions. Through its philanthropic efforts, Armenia Fund Inc has helped improve the quality of life for many individuals by supporting various initiatives aimed at sustainable development and community empowerment. This has had a tangible and positive impact on the people of Armenia and Nagorno Karabakh, contributing to their overall well-being and resilience.
This information is meant to be a general summary of Armenia Fund 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.
- Investment Income: $5,704
- Gross Receipts: $10,913,350
Assets and Liabilities:
- Total Assets: $52,336,741
- Total Liabilities: $33,296
- Net Assets: $52,303,445
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Organization Details
Founding Year
1994
Phone
(818) 243-6222Principal Officer
Maria Mehranian
Main Address
111 N JACKSON ST 205, GLENDALE, CA, 91206
Website
www.armeniafund.orgNTEE Category
Code: T50 - Philanthropy
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