Armenian Youth Federation Youth Organization Of The Armenian Revol
- Assets
- $1.5m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 1
- Location
- Watertown, MA
- Founding
- 09/2008
- Data as of
- 11/2023
- EIN
- 20-8121389
Organization Overview
Armenian Youth Federation Youth Organization Of The Armenian Revol is located in Watertown, MA. The organization was established in 2008. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, 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. Armenian Youth Federation Youth Organization Of The Armenian Revol 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 11/2023, Armenian Youth Federation Youth Organization Of The Armenian Revol generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $1.1m during the year ending 11/2023. While expenses have increased by 14.0% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATE YOUTH ABOUT ARMENIAN HERITAGE. HOLD OLYMPICS AND OTHER EVENTS TO EDUCATE YOUTH OF THE HISTORY AND CULTURE OF THE ARMENIAN NATION AS WELL AS PROVIDING OPPORTUNITIES FOR ARMENIAN YOUTH TO MEET AND INTERACT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL AYF OLYMPICS - THE ANNUAL AYF OLYMPICS IS AN AMATEUR ATHLETIC COMPETITION HELD ON LABOR DAY WEEKEND A DIFFERENT CITIY EACH YEAR ON A LOOSE ROTATING BASIS. AMERICAN-ARMENIAN YOUTH BETWEEN THE AGES OF 16-28 COMPETE AGAINS ONE ANOTHER IN TRACK AND FIELD, SWIMMING, TENNIS, GOLF, AND SOFTBALL.
OTHER PROGRAMS, INCLUDING: 1) JUNIOR SEMINAR - THE JUNIOR SEMINAR IS HELD ON MEMORIAL DAY WEEKEND EACH YEAR AT CAMP LUTHERLYN IN PROSPECT, PA. AN EDUCATIONAL EVENT GEARED TOWARD THE YOUNGER MEMBERS AGES 10-16. THE JUNIOR SEMINAR ATTRACTS BETWEEN 250 AND 350 YOUTHS EACH YEAR. JUNIOR SEMINAR EDUCATES PARTICIPANTS ABOUT ARMENIAN LEADERSHIP, HISTORY, CULTURE, DANCE, AND CURRENT AFFAIRS. IT ALSO SERVES AS A SOCIAL EVENT TO ALLOW AN OPPORTUNITY FOR ARMENIAN-AMERICAN YOUTH FROM THE MIDWEST, SOUTHEAST, MID-ATLANTIC, AND NEW ENGLAND AREAS TO MEET. 2) CAMP JAVAKHK - JAVAKHK IS AN INTERNATIONAL CAMP THAT TAKES PLACE IN THE SOUTHEASTERN REGION OF GEORGIA. THE CAMP EDUCATES YOUTH FROM AGES 8-15 ABOUT ARMENIAN HISTORY, CULTURE, TRADITION, DANCE, MUSIC, AND HYGEINE. THE CAMP BELONGS TO THE ARMENIAN RELIEF SOCIETY. HOWEVER, OUR ORGANIZATION'S ROLE IS TO HELP PROVIDE COUNSELORS AND EDUCATIONAL MATERIAL FOR THE CAMP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nareg Mkrtschjan President | OfficerTrustee | 4 | $0 |
Harout Tashian Treasurer | OfficerTrustee | 4 | $0 |
Meghri Dervartanian Clerk | OfficerTrustee | 2 | $0 |
George Aghjayan Director | Trustee | 2 | $0 |
Georgi-Ann Oshagan Director | Trustee | 2 | $0 |
Ani Tchaghlasian Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $45,720 |
| Fundraising events | $146,399 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $104,560 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $296,679 |
| Total Program Service Revenue | $983,208 |
| Investment income | $9,847 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$822 |
| Net Income from Fundraising Events | $34,340 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,323,252 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $4,200 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,463 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $11,900 |
| Information technology | $822 |
| Royalties | $0 |
| Occupancy | $13,750 |
| Travel | $97,433 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $7,086 |
| Total functional expenses | $1,091,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $493,220 |
| Savings and temporary cash investments | $310,471 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,068 |
| 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 | $690,521 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,523,280 |
| Accounts payable and accrued expenses | $30,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $30,000 |
| Net assets without donor restrictions | $1,446,076 |
| Net assets with donor restrictions | $47,204 |
| 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 | $1,523,280 |