Armenian Research Foundation
- Assets
- $2.1m
- Revenue
- $74.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 04/1977
- Data as of
- 12/2021
- EIN
- 52-1062099
Organization Overview
Armenian Research Foundation is located in Los Angeles, CA. The organization was established in 1977. According to its NTEE Classification (A05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Armenian Research Foundation 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, Armenian Research Foundation generated $74.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.4%) each year. All expenses for the organization totaled $119.3k during the year ending 12/2021. 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
ENCOURAGE AND SUPPORT ARMENIAN SCHOOLS, AND PROMOTE ARMENIAN CULTURAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT TO WESTERN PRELACY.
GRANT TO ARMENIAN RELIEF SOCIETY.
GRANT TO HAMAZKAYIN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rod Shahinian Treasurer/ V.P. | OfficerTrustee | 0.5 | $0 |
Garbis Titizian Chairman | OfficerTrustee | 0.5 | $0 |
Garo Agopian Secretary | OfficerTrustee | 0.5 | $0 |
Razmig Haroun Advisor | Trustee | 0 | $0 |
Bedig Kazandjian Advisor | Trustee | 0 | $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 | $3,400 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,400 |
| Total Program Service Revenue | $0 |
| Investment income | $35,787 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $35,586 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $74,773 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $113,300 |
| 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 | $78 |
| Fees for services: Accounting | $3,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,086 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $119,319 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $644,379 |
| 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 | $1,436,761 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,081,140 |
| 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 | $2,081,140 |
| 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 | $2,081,140 |
Grants Awarded
Over the last fiscal year, Armenian Research Foundation has awarded $109,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
La Crescenta, CA PURPOSE: CULTURAL | $55,000 |
Glendale, CA PURPOSE: CULTURAL | $32,000 |
Los Angeles, CA PURPOSE: CULTURAL | $22,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greatnonprofits San Francisco, CA | $6,173,010 | $4,484,065 |
California Institute of Contemporary Art San Diego, CA | $370,530 | $9,043 |
Embedded Microprocessor Benchmark Consortium Portland, OR | $329,035 | $288,485 |
Oregon Institute For Creative Research Portland, OR | $30,188 | $213,569 |
Benefunder Inc San Diego, CA | $1,271 | $0 |
Better Cities Project Carson City, NV | $11,503 | $0 |
Armenian Research Foundation Los Angeles, CA | $2,081,140 | $74,773 |
Center For Spiritual Studies Of California Yucca Valley, CA | $316,715 | $0 |
Ballerina Girl Inc San Jose, CA | $13,490 | $0 |
California Route 66 Museumincorporated Victorville, CA | $176,159 | $26,345 |
Creative Arts Experience Honolulu, HI | $26,032 | $34,847 |
Western Rock Art Research Bishop, CA | $6,833 | $0 |