Holy Trinity Armenian Apostolic Church Of Greater Boston Trust Fun
- Assets
- $11.4m
- Revenue
- $835.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 05/1976
- Data as of
- 12/2021
- EIN
- 51-0188147
Organization Overview
Holy Trinity Armenian Apostolic Church Of Greater Boston Trust Fun is located in Cambridge, MA. The organization was established in 1976. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holy Trinity Armenian Apostolic Church Of Greater Boston Trust Fun 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, Holy Trinity Armenian Apostolic Church Of Greater Boston Trust Fun generated $835.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $362.0k during the year ending 12/2021. While expenses have increased by 8.5% 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 SUPPORT OPERATIONS OF HOLY TRINITY ARMENIAN APOSTOLIC CHURCH OF GREATER BOSTON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN ACCORDANCE WITH THE ORGANIZATION'S MISSION STATEMENT, ALL INTEREST AND DIVIDENDS EARNED IN THE PRIOR YEAR HAVE BEEN GIVEN TO HOLY TRINITY ARMENIAN APOSTOLIC CHURCH OF GREATER BOSTON. PRINCIPAL FROM THE FUNDS CAN BE GIVEN TO THE HOLY TRINITY ARMENIAN CHURCH AT THE DISCRETION OF THE BOARD OF TRUSTEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Kalustian Chairman | OfficerTrustee | 1 | $0 |
Aram Hintlian Treasurer | OfficerTrustee | 1 | $0 |
Rev Father Vasken A Kouzouian Trustee - President | OfficerTrustee | 1 | $0 |
Jay Hachigian Trustee | Trustee | 1 | $0 |
Valerie Kolligian Thayer Trustee | Trustee | 1 | $0 |
Bruce Newell Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $430,833 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $430,833 |
| Total Program Service Revenue | $0 |
| Investment income | $254,463 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $149,798 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $835,094 |
| 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 | $0 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $60,137 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $301,857 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $361,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $201,585 |
| 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 | $11,158,737 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,360,322 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $11,360,322 |
| Net assets with donor restrictions | $0 |
| 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 | $11,360,322 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Holy Trinity Armenian Apostolic Church Of Greater Boston Trust Fun has recieved totaling $19,505.
| Awarding Organization | Amount |
|---|---|
Armenian Church Endowment Fund Inc New York, NY PURPOSE: PROGRAMS | $19,505 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jericho Road Ministries Buffalo, NY | $18,205,160 | $33,426,407 |
Gateways Organization Inc Monsey, NY | $26,241,298 | $11,762,904 |
Calvin Coolidge Presidential Foundation Inc Plymouth, VT | $33,582,389 | $4,835,507 |
Wollaston Lutheran Church Apartments Inc Quincy, MA | $16,446,016 | $3,151,671 |
American Friends Of Netiv Aryeh Inc Monsey, NY | $174,267 | $2,714,241 |
Turning Point Brooklyn Inc Brooklyn, NY | $2,563,430 | $1,977,308 |
Eagles Wings International Inc Clarence, NY | $2,162,007 | $2,431,400 |
In2 Onnuri Community Church New York New York, NY | $2,609,357 | $2,620,100 |
Affirmative Evangelism Fellowship Middletown, NY | $2,879,019 | $1,947,839 |
Straight Ahead Ministries Inc Worcester, MA | $3,731,780 | $2,558,274 |
Camp Spofford Of The Evangelical Free Church Of America Spofford, NH | $5,897,116 | $2,036,666 |
Missionary Assembly Of God Of Marlborough Inc Marlborough, MA | $555,964 | $1,247,447 |