Ararat Association Inc
- Assets
- $8.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Warwick, RI
- Founding
- 05/1997
- Data as of
- 12/2021
- EIN
- 05-0492813
Organization Overview
Ararat Association Inc is located in Warwick, RI. The organization was established in 1997. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ararat 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, Ararat Association Inc generated $32.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $32.6k during the year ending 12/2021. While expenses have increased by 0.1% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO COLLECT AND DISTRIBUTE FUNDS TO VARIOUS ARMENIAN ORGANIZATIONS AND CHARITIES IN ACCORDANCE WITH THE BYLAWS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
K Kenneth Bogosian Vice President | 1 | $0 | |
Alan G Zartarian President | 1 | $0 | |
Kenneth R Minasian Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $31,653 |
| Other Revenue | $0 |
| Total Revenue | $32,153 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $115 |
| Other expenses | $20 |
| Total expenses | $32,620 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,434 |
| Other assets | $0 |
| Total assets | $8,434 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,434 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ararat Association Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Leon And Marion D Semonian Charitable Trust Ua 12032004 Newton, MA PURPOSE: CONTRIBUTION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Magaro Family Foundation Inc Danbury, CT | $30,477,702 | $229,929 |
Cooperative Fund Of New England Inc Watertown, MA | $43,843,231 | $2,931,121 |
Rodman For Kids Inc Foxborough, MA | $1,043,014 | $2,731,419 |
Bridges Impact Foundation Boston, MA | $482,504 | $401,774 |
Crawford Idema Fam Foundation Inc Concord, MA | $7,166,597 | $615,407 |
Billy Andrade-Brad Faxon Charities For Children Inc Providence, RI | $2,004,181 | $287,290 |
Adaptiv Inc Beverly, MA | $271,240 | $462,023 |
Gerald & Judith Feldman Charitable Foundation Canton, MA | $5,602,877 | $347,277 |
El Buen Samaritano Food Program Inc Worcester, MA | $34,075 | $304,125 |
Golden Hill Foundation Inc Shelton, CT | $974,326 | $244,004 |
Spur Inc Marblehead, MA | $302,117 | $302,232 |
Heart Warrior Foundation Winchendon, MA | $85,676 | $173,438 |