Armenian International Womens Association Inc
- Assets
- $1.5m
- Revenue
- $340.4k
- Investments
- $219.0k
- Employees
- 0
- Location
- Watertown, MA
- Founding
- 01/1992
- Data as of
- 12/2021
- EIN
- 04-3113182
Organization Overview
Armenian International Womens Association Inc is located in Watertown, MA. The organization was established in 1992. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Armenian International Womens Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Armenian International Womens Association Inc generated $340.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $274.1k during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO UNITE ARMENIAN WOMEN AND WOMEN OF ARMENIAN DESCENT WORLDWIDE AND TO ADDRESS CRITICAL ISSUES FACING ARMENIAN WOMEN EVERYWHERE AND TO RAISE FUNDS TO ACCOMPLISH THESE OBJECTIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS: AWARD SCHOLARSHIPS TO GRADUATE AND UNDERGRADUATE ARMENIAN WOMEN BASED ON MERIT
WOMEN'S SUPPORT CENTER (WSC): PROGRAM INITIATED IN 2010 BY THE TUFENKIAN FOUNDATION IN PARTNERSHIP WITH USAID TO ASSIST WOMEN WHO ARE VICTIMS OF DOMESTIC ABUSE.
ANNUAL CONFERENCE: THE ANNUAL CONFERENCE IS DESIGNED TO EXAMINE THE EVOLVING STATUS OF ARMENIAN WOMEN AND DEVELOP STRATEGIES FOR THE FUTURE IN THE FIELDS OF GOVERNMENT, THE ECONOMY, BUSINESS AND FINANCE, HEALTH, EDUCATION, COMMUNICATION, CULTURE AND THE ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ani Kharajian President | OfficerTrustee | 5 | $0 |
Barbara J Merguerian Clerk | OfficerTrustee | 5 | $0 |
Carolyn Atinizian Vice President/ Treasurer | OfficerTrustee | 5 | $0 |
Tori Kharajian Assistant Treasurer | OfficerTrustee | 5 | $0 |
Milka Bedikian Secretary | OfficerTrustee | 5 | $0 |
Arsine Phillips Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,750 |
| All other contributions, gifts, grants, and similar amounts not included above | $85,998 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,748 |
| Total Program Service Revenue | $143,569 |
| Investment income | $21,955 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $76,167 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $340,439 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $28,750 |
| Grants and other assistance to domestic individuals. | $65,032 |
| Grants and other assistance to Foreign Orgs/Individuals | $21,929 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,310 |
| Fees for services: Accounting | $12,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,173 |
| Advertising and promotion | $35,199 |
| Office expenses | $5,876 |
| Information technology | $11,748 |
| Royalties | $0 |
| Occupancy | $3,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $39,543 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,145 |
| All other expenses | $23 |
| Total functional expenses | $274,080 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $419,395 |
| Savings and temporary cash investments | $145,189 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $669,757 |
| Investments—other securities | $219,016 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,453,357 |
| Accounts payable and accrued expenses | $2,550 |
| Grants payable | $0 |
| Deferred revenue | $39,500 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $42,050 |
| Net assets without donor restrictions | $1,051,447 |
| Net assets with donor restrictions | $359,860 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,453,357 |
Grants Awarded
Over the last fiscal year, Armenian International Womens Association Inc has awarded $39,849 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: TO ASSIST WOMEN WHO ARE VICTIMS OF DOMESTIC ABUSE | $25,000 |
Oakland, CA PURPOSE: TO TEACH WOMEN HOW TO BEGIN AND RUN THEIR OWN BUSINESS | $14,849 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Armenian International Womens Association Inc has recieved totaling $43,397.
| Awarding Organization | Amount |
|---|---|
Pasadena Community Foundation Pasadena, CA PURPOSE: General Support | $30,000 |
Youredjian Family Charitable Foundation Los Angeles, CA PURPOSE: CHARITABLE CONTRIBUTION | $7,691 |
K George And Carolann S Najarian Foundation Inc Orleans, MA PURPOSE: SCHOLARSHIPS | $5,000 |
Sami And Annie Totah Family Foundation Bethesda, MD PURPOSE: DONATION SUPPORTS AIWA PROGRAMS, INCLUDING SCHOLARSHIPS FOR UNDERGRADUATE AND GRADUATE FEMALE STUDENTS OF ARMENIAN DESCENT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $106 |
The Vahik And Alice@petrossian Foundation Glendale, CA PURPOSE: SOCIAL SERVICES | $100 |
Endowment Analysis
| Beg. Balance | $193,182 |
| Grants | $30,000 |
| Ending Balance | $163,182 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asia Society New York, NY | $142,731,939 | $32,268,981 |
Alliance For Open Society International Inc New York, NY | $43,304,993 | $33,954,105 |
Harvard-Yenching Institute Cambridge, MA | $357,386,063 | $5,038,189 |
Idealistorg Inc New York, NY | $8,884,686 | $10,106,263 |
Americas Society Inc New York, NY | $65,186,397 | $5,307,206 |
China Institute In America Incorporated New York, NY | $39,618,019 | $6,570,371 |
American-Scandinavian Foundation New York, NY | $56,118,805 | $3,574,288 |
Peaceworks Network Foundation New York, NY | $9,232,893 | $2,717,484 |
Auschwitz Instut For The Prevention Of Genocide And Mass Atrocities New York, NY | $427,684 | $2,862,009 |
Korea Society New York, NY | $30,574,587 | $3,688,770 |
Netherland-America Foundation Incorporated New York, NY | $8,725,622 | $2,894,571 |
Voices Project Usa Inc New York, NY | $1,073,630 | $1,592,705 |