Nonprofit · EIN 95-4485698
ARMENIA FUND INC
Tax-exempt · GLENDALE, CA 91203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,913,397 | $2,790,036 | $123,361 | $49,154,835 | $18,780 | $49,136,055 |
| December 31, 2023 | 990 | $477,839 | $14,889,490 | -$14,411,651 | $44,802,290 | $78,788 | $44,723,502 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,191,317
- Program service revenue
- $0
- Investment income
- $722,080
- Net gain from sales of assets
- -$283,686
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $234,442
- Salaries, compensation and benefits (total)
- $264,489
- Professional fundraising fees
- $0
- Legal fees
- $42,356
- Accounting fees
- $101,385
- Occupancy
- $65,773
- Travel
- $75,176
- Depreciation
- $2,507
- Program services (functional)
- $1,836,659
- Management and general (functional)
- $317,491
- Fundraising (functional)
- $635,886
Balance sheet and other
- Total assets, start of year
- $44,802,290
- Total assets, end of year
- $49,154,835
- Total liabilities, end of year
- $18,780
- Net assets, end of year
- $49,136,055
- Land, buildings and equipment
- $32,423
- Publicly traded securities
- $44,739,154
- Net assets without donor restrictions
- $49,054,254
- Net assets with donor restrictions
- $81,801
- Gross receipts
- $3,728,745
- Employees
- 3
- Volunteers
- 350
- Year formed
- 1994
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| AZATUI KARAOGLANYAN | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $194,867 | $6,537 |
| MARIA MEHRANIAN | CHAIRPERSON Trustee or director, Officer | 20 | $0 | $0 |
| SEDA YAGHOUBIAN | TREASURER Trustee or director, Officer | 8 | $0 | $0 |
| ARA MOVSESSIAN | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
| DR H RAFFI BALIAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ARCHBISHOP HOVNAN DERDERIAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BISHOP TORKOM DONOYAN | DIRECTOR (THRU 03/24) Trustee or director | 2 | $0 | $0 |
| ARMEN HOVANNISIAN | DIRECTOR (AS OF 09/24) Trustee or director | 2 | $0 | $0 |
| AVEDIK IZMIRLIAN | DIRECTOR (THRU 03/24) Trustee or director | 2 | $0 | $0 |
| ARCHBISHOP KEGHAM KHACHERIAN | DIRECTOR (AS OF 04/24) Trustee or director | 2 | $0 | $0 |
| CHRISTINA KHANJIAN | DIRECTOR (AS OF 09/24) Trustee or director | 2 | $0 | $0 |
| MEHRAN KHATCHADORIAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BISHOP MIKAEL ANTOINE MOURADIAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SILVA POLADIAN | DIRECTOR (THRU 09/24) Trustee or director | 2 | $0 | $0 |
| REVEREND HENDRIK SHAHNAZARIAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TALIN YACOUBIAN ESQ | DIRECTOR Trustee or director | 2 | $0 |
| KEVORK ZORYAN | DIRECTOR (AS OF 03/24) Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| AZATUI KARAOGLANYAN | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $120,000 | $5,670 |
| MARIA MEHRANIAN | CHAIRPERSON Trustee or director, Officer | 20 | $0 | $0 |
| SEDA YAGHOUBIAN | TREASURER Trustee or director, Officer | 8 | $0 | $0 |
| ARA MOVSESSIAN | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
| ABP HOVNAN DERDERIAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| AVEDIK IZMIRLIAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BISHOP MIKAEL MOURADIAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BISHOP TORKOM DONOYAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MIHRAN KHACHADURIAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RAFFI BALIAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| REVEREND HENDRIK SHAHNAZARIAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SILVA POLADIAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TALIN YACOUBIAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MIHRAN TOUMAJAN | DIRECTOR (THRU 04/2023) Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 400 N BRAND BLVD STE 920, GLENDALE, CA 91203-2367
- Principal officer (990 for 2024)
- MARIA MEHRANIAN, 400 N BRAND BLVD STE 920, GLENDALE, CA 91203
- Signed the 990
- MARIA MEHRANIAN, CHAIR
- Phone
- (818) 243-6222
- Website
- WWW.ARMENIAFUND.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4485698 or by the name ARMENIA FUND INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
SUPPORT THE PEOPLE OF ARMENIA.
Program accomplishments
- GYUMRI HOUSING PROJECT - A MULTI-YEAR, PHASED HOUSING CONSTRUCTION PROJECT IN THE CITY OF GYUMRI TO RELOCATE FAMILIES WHO, FOLLOWING THE 1988 EARTHQUAKE, HAVE LIVED IN INADEQUATE CONDITIONS, TO PERMANENT HOUSING. TWO BUILDINGS OF 15-UNITS WILL ALSO HOUSE FAMILIES OF LOST AND INJURED SERVICE MEMBERS OF THE 44-DAY WAR. GYUMRI 2ND PHASE HOUSING PROJECT TO HOUSE THE VICTIMS OF THE EARTHQUAKE AND FAMILIES OF FALLEN AND INJURED SOLDIERS OF THE 2020 WAR IN THE CITY OF GYUMRI, ARMENIA. IN JUNE 2024, THE 2ND PHASE OF THE CONSTRUCTION WAS COMPLETED.Expenses $705,750
- DOMESTIC VIOLENCE CENTER - THE PROJECT CONSISTS OF SUPPORTING A WOMEN'S CENTER IN YEREVAN TO HELP BATTERED WOMEN AND VICTIMS OF DOMESTIC VIOLENCE. THE PROGRAM CONSISTS OF PROVIDING WOMEN NEW OPPORTUNITIES, JOB TRAINING, AND MEDICAL AND PSYCHOLOGICAL CARE, AS WELL AS SUPPORTING CHILDREN WHO HAVE SOUGHT REFUGE WITH THEIR MOTHERS AT THE CENTER. THE CENTER EMPOWERS WOMEN AND GIVES THEM THE CHANCE TO CONTINUE WITH THEIR LIVES AND RECOVER FROM THE EXPERIENCE OF DOMESTIC VIOLENCE AND ABUSE.Expenses $235,960
- ARTSAKH DANCE GROUP - FOLLOWING THEIR FORCED DISPLACEMENT FROM ARTSAKH AND THE SUBSEQUENT LACK OF STATE FUNDING, THE ARTSAKH STATE DANCE ENSEMBLE WAS FACING DISSOLUTION. AS PART OF ITS ONGOING MISSION TO PRESERVE THE CULTURE AND TRADITIONS OF ARTSAKH, ARMENIA FUND SPONSORED THE ARTSAKH STATE DANCE ENSEMBLE. FUNDING WAS PROVIDED TO PAY SALARIES, COVER TRAVEL AND TOURING EXPENSES, AND SECURE PERFORMANCE SPACES FOR THE GROUP.Expenses $158,420
- 1. NOYEMBERYAN MEDICAL CENTER - $138,051FUNDED THE COMPLETE RENOVATION AND RECONSTRUCTION OF THE INFECTIONS DEPARTMENT OF THE NOYEMBERYAN MEDICAL CENTER, LOCATED IN THE TAVUSH REGION OF ARMENIA. MERE KILOMETERS FROM THE BORDER, THE NOYEMBERYAN MEDICAL CENTER IS A VITAL CENTER FOR WOUNDED SERVICEMEN TO RECEIVE IMMEDIATE TREATMENT. THIS PHASE OF THE PROJECT INCLUDED UPGRADES TO THE EARTHQUAKE RESISTANCE OF THE BUILDING, REPLACING THE ASBESTOS SLATE ROOF TO METAL, BUILDING A NEW FOUNDATION FOR THEBUILDING, INSTALLING HEATING THROUGHOUT THE BUILDING, REBUILDING THE INTERNAL SEWAGE SYSTEM OF THE BUILDING, AND UPGRADING THE ELECTRICAL INFRASTRUCTURE OF THE CENTER. THIS PROGRAM WAS COMPLETED IN FEBRUARY 2024.2. YEREVAN STATE UNIVERSITY STUDENT TUITION ASSISTANCE - $100,000IN COLLABORATION WITH THE WESTERN DIOCESE OF THE ARMENIAN CHURCH, ARMENIA FUND COMMITTED TO ASSIST WITH THE TUITION OF STUDENTS AT YEREVAN STATE UNIVERSITY IN ARMENIA. THE SUBSIDIZATION OF THESE STUDENTS' TUITIONS WILL ALLOW THEM TO CONTINUE THEIR HIGHER EDUCATION.3. DAY CARE CENTER FOR MENTALLY HANDICAPPED ADULTS - $93,773IN THIS PROGRAM, ARMENIA FUND, INC. SUPPORTED THE OPERATIONS AND EXPANSION OF A DAY CARE CENTER, "WAY TO HAPPINESS NGO," WHICH SERVES ADULTS AGES 18-64 WHO ARE LIVING WITH AUTISM AND OTHER MENTAL HANDICAPS. THE BENEFICIARIES RESIDE IN THE CENTER, WHERE THEY ALSO RECEIVE PROFESSIONAL CARE AND COGNITIVE EXERCISES. THE GOAL OF THE PROJECT IS TO GIVE THESE INDIVIDUALS THE SKILLS AND TOOLS TO ESTABLISH THEIR OWN INDEPENDENCE AND SELF-SUFFICIENCY THROUGH PRACTICAL SKILLS SUCH AS COOKING, GARDENING, AND THE ARTS.4. WORLD VISION ARMENIA - $65,000WORLD VISION IS A GLOBAL HUMANITARIAN ORGANIZATION WITH AN OFFICE IN ARMENIA WHICH PROVIDES PSYCHOLOGICAL AND CIVIC SUPPORT SERVICES TO CHILDREN AND ADOLESCENTS IN REMOTE VILLAGE COMMUNITIES. FOLLOWING THE FORCED DISPLACEMENT OF REFUGEES FROM ARTSAKH TO ARMENIA IN SEPTEMBER 2023, ARMENIA FUND BEGAN COLLABORATING WITH WORLD VISION ARMENIA TO ENSURE THAT CHILDREN AND FAMILIES WHO SETTLED IN THESE REMOTE VILLAGES WOULD RECEIVE THE PSYCHOSOCIAL PROTECTION AND TREATMENT SERVICES THEY REQUIRED. THE COMMUNITIES SERVED BY THIS PROJECT INCLUDE: NOYEMBERYAN, IJEVAN, TALIN, APARAN AND SISIAN.5. "SUN" CHILDREN CENTER - $55,000ARMENIA FUND, INC. PROVIDES SUPPORT TO THE "SUN CHILDREN" CENTER BASED IN YEREVAN. THE CENTER IS ONE OF THE FEW YEAR-ROUND, FREE OF CHARGE, PROFESSIONAL CARE CENTERS FOR CHILDREN WITH DOWN SYNDROME IN ARMENIA. AROUND EIGHTY CHILDREN LIVING WITH DOWN SYNDROME RECEIVE THE FOLLOWING TREATMENTS AND SERVICES AT THE CENTER: PHYSICAL THERAPY, PLAY THERAPY, PSYCHOTHERAPY, OCCUPATIONAL THERAPY, AND SPEECH THERAPY, ALL FROM LICENSED THERAPISTS. THE CENTER ALSO ORGANIZES RECITALS AND VARIETY SHOWS, IN WHICH THE CHILDREN ARE ABLE TO EXPRESS THEIR CREATIVITY AND FORM MEANINGFUL CONNECTIONS.6. ARMENIAN CULTURAL ADVANCEMENT PROGRAMS - $30,000THIS PROGRAM IS A MULTI-PRONGED APPROACH TO ADVANCE THE PRESERVATION AND PROMOTION OF ARMENIAN ART AND CULTURE. IN 2024, THE PROGRAM CONSISTED OF THREE SEPARATE INITIATIVES: (I) SUPPORTING THE TEAM ARMENIA BASKETBALL PROGRAM BY FUNDING THEM IN THE AMOUNT OF $20,000 FOR THE PURPOSE OF COVERING TRAVEL FEES FOR INTERNATIONAL TOURNAMENTS AND FOR THE DEVELOPMENT OF UNDER-18 YOUTH TRAINING PROGRAMS. (II) $10,000 WAS ALLOCATED TO THE CULTURAL IMPACT FOUNDATION TO ASSIST WITH THE PRODUCTION OF THE FILM "FACES OF PERSECUTION GENOCIDE 2.0: ARTSAKH ETHNIC CLEANSING."7. HAYORDI - $29,580HAYORDI IS AN NGO LOCATED IN YEREVAN, ARMENIA, WHICH FOCUSES ITS EFFORTS ON CHILDREN WHO HAVE LOST THEIR FATHERS AND/OR OTHER FAMILY MEMBERS DURING THE RECENT MILITARY CONFLICTS IN THE REGION OF ARTSAKH. ARMENIA FUND SPONSORED THE HAYORDI SUMMER CAMP INITIATIVE, WHICH GAVE 300 CHILDREN WHO WERE FORCIBLY DISPLACED FROM THEIR HOMES IN ARTSAKH THE OPPORTUNITY TO PARTICIPATE IN DAILY GROUP ACTIVITIES, EDUCATIONAL PROGRAMS, AND TRADITIONAL CULTURAL EVENTS FOR THE SUMMER.8. "MICHEL ODENT MOTHER CENTER" NGO - $10,000ARMENIA FUND, INC., IN COLLABORATION WITH THE "MICHEL ODENT MOTHER CENTER NGO" PROVIDES BIRTH AND POSTPARTUM SERVICES FOR MOTHERS IN RURAL AREAS OF ARMENIA AND SERVED AREAS OF ARTSAKH AS WELL. THE CENTER PROVIDES VITAL SERVICES FOR NEW MOTHERS OR MOTHERS-TO-BE, INCLUDING CHILDBIRTH PREPARATION CLASSES AND BIRTH AND POSTPARTUM DOULA SERVICES, IN ADDITION TO PROVIDING HOLISTIC EDUCATION AND TRAINING SERVICES TO BIRTH WORKERS.9. ARMENIAN PARA-ATHLETICS FEDERATION - $10,040THE ARMENIAN PARA-ATHLETICS FOUNDATION, DEVELOPED BY WOUNDED ATHLETE STAS NAZARYAN, IS A FOUNDATION WHICH PROMOTES AND TRAINS PARA-ATHLETES IN ARMENIA. AFTER THE 44-DAY ARTSAKH WAR IN 2020, NAZARYAN AND HIS FELLOW PARALYMPIC ATHLETES DECIDED TO PUT THEIR YEARS OF EXPERIENCE TO THE SERVICE OF WOUNDED SOLDIERS. THE FOUNDATION IS VITAL FOR REBUILDING THE LIVES OF SOLDIERS WHO LOST LIMBS DURING THE WAR. AS PART OF ARMENIA FUND'S CONTINUOUS SUPPORT OF THE FOUNDATION, THE FUND SPONSORED A TRAINING CAMP FOR THE PARA-ATHLETES.10. PRESERVING ARMENIA'S VINES - $10,000A CONTRIBUTION OF $10,000 WAS MADE TO THE ARMENIAN TREE PROJECT FOR THE "PRESERVING ARMENIA'S VINES" INITIATIVE. THIS PROJECT WILL HELP MITIGATE THE RISK OF PHYLLOXERA INFESTATION, AN INVASIVE INSECT WHICH FEASTS ON AND DESTROYS GRAPE VINES, IN ARMENIAN VINEYARDS. A PHYLLOXERA INFESTATION WOULD HAVE CATASTROPHIC CONSEQUENCES FOR ONE OF ARMENIA'S MOST CULTURALLY AND ECONOMICALLY SIGNIFICANT INDUSTRIES.11.PSYCHOLOGICAL SUPPORT PROGRAM FOR COMMUNITIES IN TAVUSH - $8,000IN COLLABORATION WITH NONPROFIT ORGANIZATION "TEGH FOUNDATION FOR PSYCHOLOGICAL & CULTURAL CONNECTION," ARMENIA FUND, INC. IMPLEMENTED A PROGRAM TO PROVIDE PSYCHOLOGICAL AID TO ADOLESCENTS AND ADULTS LIVING IN THE REMOTE, BORDER COMMUNITIES OF THE TAVUSH REGION OF ARMENIA. THE PROGRAM PROVIDES CRISIS INTERVENTION AND COMMUNITY REINTEGRATION PROGRAMS FOR CHILDREN, TEENAGERS, AND WOMEN WHO HAVE EXPERIENCED IMMENSE TRAUMA AS A RESULT OF THE 44-DAY WAR OF 2020. THE PROGRAM ALSO EXPANDED TO PROVIDE SIMILAR AID TO THE REFUGEES WHO ARRIVED TO TAVUSH FROM ARTSAKH AS A RESULT OF FORCED DISPLACEMENT FROM THEIR HOMES IN SEPTEMBER 2023.12. MEDICAL AID AND ADVANCEMENT - $7,813AS PART OF ARMENIA FUND'S ONGOING MISSION TO ADVANCE AND IMPROVE MEDICAL AID AND TREATMENT IN ARMENIA, THE FUND PURCHASED AN AUTOMATED BIOCHEMISTRY ANALYZER AND TESTER KITS FOR THE NOYEMBERYAN MEDICAL CENTER. THIS MACHINE IS CRUCIAL FOR DIAGNOSING AND MONITORING VARIOUS DISEASES.13. PARALYMPIC CYCLING ARMENIA - $4,427FOLLOWING THE 2020 ARTSAKH WAR, MANY WOUNDED SERVICEMEN WERE LEFT WITHOUT THE USE OF THEIR LIMBS. ARMENIA FUND, INC. AND LOCAL BICYCLE SHOP VELO PASADENA COLLABORATED ONCE AGAIN ON ANOTHER PROJECT TO PROMOTE ATHLETIC ADVANCEMENT FOR THOSE WHO FACED THIS DISADVANTAGE. ARMENIA FUND, INC. PROVIDED NEW BICYCLES AND CYCLING EQUIPMENT TO ENHANCE AND UPGRADE THE STANDARDS OF TRAINING FOR THE ARMENIAN PARALYMPIC CYCLING TEAM. VARIOUS SHIPPING EXPENSES IN 2024 AMOUNTED TO $22,966.Expenses $736,529
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 95-4485698
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T50)
- Assets (IRS master file)
- $49,154,835
- Income (IRS master file)
- $3,728,745
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,913,397 | $2,790,036 | $49,154,835 | IRS |
| 990 | December 2023 | $477,839 | $14,889,490 | $44,802,290 | XML |
| 990 | December 2022 | $1,461,457 | $10,131,468 | $52,336,741 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 95-4485698).
Questions about ARMENIA FUND INC
- What is the EIN of ARMENIA FUND INC?
- The employer identification number (EIN) of ARMENIA FUND INC is 95-4485698.
- Is ARMENIA FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to ARMENIA FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ARMENIA FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ARMENIA FUND INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ARMENIA FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ARMENIA FUND INC?
- The 990 for the year ended December 31, 2024 names MARIA MEHRANIAN.
- Who are the officers and directors of ARMENIA FUND INC?
- The 990 for the year ended December 31, 2024 lists 17 people; 1 received compensation from the organization, the highest $194,867 (AZATUI KARAOGLANYAN, EXECUTIVE DIRECTOR).
- How much revenue does ARMENIA FUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,913,397, expenses of $2,790,036 and total assets of $49,154,835 at year end.
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