Ayg Foundation Inc
- Assets
- $7.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, MA
- Founding
- 06/2003
- Data as of
- 12/2022
- 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 12/2022, Ayg Foundation Inc generated $25.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 32.1% each year . All expenses for the organization totaled $71.2k during the year ending 12/2022. 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
2022
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 | $25,104 |
| 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 | $25,104 |
| 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 | $275 |
| Total expenses | $71,175 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,171 |
| Other assets | $0 |
| Total assets | $7,171 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,171 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ayg Foundation Inc has recieved totaling $50,046.
| Awarding Organization | Amount |
|---|---|
John Mirak Foundation Arlington, MA PURPOSE: GENERAL PURPOSE | $50,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $46 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mid-Island Y Jewish Community Center Inc Plainview, NY | $9,808,281 | $10,961,733 |
Rian Immigrant Center Inc Boston, MA | $3,539,791 | $6,977,812 |
Chinese Christian Herald Crusades Inc Flushing, NY | $34,224,401 | $8,882,723 |
Korean Community Services Of Metropolitan New York Inc Bayside, NY | $13,398,422 | $7,508,888 |
Haitian Americans United For Progress Hollis, NY | $605,051 | $5,406,105 |
Connecticut Institute For Refugees And Immigrants Inc Bridgeport, CT | $3,814,184 | $6,185,902 |
Journeys End Refugee Services Buffalo, NY | $3,890,672 | $5,653,427 |
Accompany Capital Inc New York, NY | $17,866,704 | $6,735,687 |
International Institute Of Buffalo Inc Buffalo, NY | $4,219,945 | $4,277,400 |
Neighbors Link Corp Mount Kisco, NY | $10,046,885 | $8,877,211 |
Type Media Center Inc New York, NY | $7,555,891 | $4,342,257 |
Genesis Center Providence, RI | $4,976,047 | $4,320,628 |