Ayg Foundation Inc
- Assets
- $38.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, MA
- Founding
- 06/2003
- Data as of
- 12/2023
- EIN
- 04-3556985
Organization Overview
Ayg Foundation Inc is located in Lexington, MA. The organization was established in 2003. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ayg Foundation 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 12/2023, Ayg Foundation Inc generated $62.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $30.7k during the year ending 12/2023. While expenses have increased by 2.5% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
MAINTAINING CHARITABLE ORGANIZATION EXEMPT PURPOSE AND FUND RAISING EFFORTS TO PROVIDE FUTURE SUPPORT TO THE CHILDREN OR ARMENIA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ara Ghazarians President | 2 | $0 | |
Manneh Ghazarians Treasurer | 1 | $0 | |
Peggy Hovanissian Clerk | 1 | $0 | |
Bianca Bernardi Director | 1 | $0 | |
Jason Behrens Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,046 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,046 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $80 |
| Total expenses | $30,680 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,537 |
| Other assets | $0 |
| Total assets | $38,537 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,537 |