Armenian Assembly Of America Inc
- Assets
- $15.0m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 19
- Location
- Washington, DC
- Founding
- 03/1989
- Data as of
- 12/2022
- EIN
- 52-1614093
Organization Overview
Armenian Assembly Of America Inc is located in Washington, DC. The organization was established in 1989. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Armenian Assembly Of America Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Armenian Assembly Of America 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, Armenian Assembly Of America Inc generated $3.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $4.1m during the year ending 12/2022. While expenses have increased by 3.7% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THROUGH NON-PARTISAN ADVOCACY, RESEARCH AND EDUCATION PROMOTES PUBLIC UNDERSTANDING AND GREATER AWARENESS OF ARMENIAN-AMERICAN ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARMENIA TREE PROJECT - HELPED ADVANCE ARMENIA'S ECONOMIC AND SOCIAL DEVELOPMENT BY WORKING TO FUND FOREST RESTORATION, THEREBY PROVIDING FOOD, FUEL, WOOD, ENVIRONMENTAL BENEFITS, AND OPPORTUNITIES FOR ECONOMIC GROWTH.
WESTERN REGION OPERATIONS - THE WESTERN REGION OFFICE ADVOCATES AND REPRESENTS ISSUES OF CONCERN TO THE CALIFORNIA CONGRESSIONAL DELEGATION THROUGH THE ASSEMBLY'S NETWORK AND POLICY SYSTEM. THE OFFICE PROVIDES INFORMATION FROM AND TO THE ASSEMBLY FOR U.S. GOVERNMENT, STATE, ARMENIAN, AND NAGORNO KARABAKH OFFICIALS, INTERNATIONAL ORGANIZATIONS AND BODIES, PUBLIC POLICY MAKERS, MEDIA AND OTHERS AS NEEDED. THE OFFICE ALSO PROMOTES AND DEVELOPS PUBLIC AND COMMUNITY RELATIONS WITH OTHER ARMENIAN AND NON-ARMENIAN BODIES. TERJENIAN THOMAS INTERNSHIP PROGRAM - THIS PROGRAM GIVES STUDENTS OF ARMENIAN DESCENT THE OPPORTUNITY TO LIVE AND WORK IN EITHER WASHINGTON, DC OR YEREVAN, ARMENIA WHILE GAINING EXPOSURE TO POLICY MAKING ORGANIZATIONS, RESEARCH AND THINK TANK ORGANIZATIONS, AND NGOS. INTERNS ALSO MEET WITH U.S. AND ARMENIAN OFFICIALS, PARTICIPATE IN LOCAL ACTIVITIES, AND ENJOY SIGHT-SEEING TRIPS TO ENHANCE THEIR CULTURAL AWARENESS.
GOVERNMENT & PUBLIC AFFAIRS - THROUGH NON-PARTISAN ADVOCACY AND EDUCATION, THE ASSEMBLY WORKS WITH POLICYMAKERS AT THE FEDERAL LEVEL AND COMMUNITY ACTIVISTS ACROSS THE COUNTRY ON A WIDE VARIETY OF ISSUES, INCLUDING BUT NOT LIMITED TO AFFIRMATION OF THE ARMENIAN GENOCIDE AND U.S. ASSISTANCE TO ARMENIA AND NAGORNO KARABAKH.
YEREVAN OPERATIONS - WORK TO SUPPORT THE ORGANIZATION'S MISSION INCLUDING SUPPORT OF DEMOCRACY, THE RULE OF LAW, OPEN MARKETS, AND REGIONAL SECURITY. THESE PROGRAMS ALSO SERVE TO EDUCATE PUBLIC AND PRIVATE CIVIL SOCIETY INITIATIVES WITHIN ARMENIA AND KARABAKH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Ardouny Executive Director | Officer | 65 | $177,819 |
Mary Ellen Gordon Dir Of Finance & Admin | Officer | 40 | $140,000 |
Carolyn Mugar President | OfficerTrustee | 1 | $0 |
Robert Kaloosdian Counselor Emeritus | OfficerTrustee | 1 | $0 |
Anthony Barsamian Co-Chair | OfficerTrustee | 10 | $0 |
Van Kirkorian Co-Chair | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $267,163 |
| Fundraising events | $36,105 |
| Related organizations | $0 |
| Government grants | $274,042 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,120,039 |
| Noncash contributions included in lines 1a–1f | $4,655 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,697,349 |
| Total Program Service Revenue | $38,522 |
| Investment income | $208,918 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $110,551 |
| Net Income from Fundraising Events | $309,021 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,364,361 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $227,633 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $239,862 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $380,302 |
| Compensation of current officers, directors, key employees. | $124,327 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,496,371 |
| Pension plan accruals and contributions | $25,469 |
| Other employee benefits | $72,269 |
| Payroll taxes | $291,977 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,231 |
| Fees for services: Accounting | $42,729 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $451,774 |
| Advertising and promotion | $5,891 |
| Office expenses | $403,013 |
| Information technology | $64,850 |
| Royalties | $0 |
| Occupancy | $80,604 |
| Travel | $176,263 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,119 |
| Interest | $4,415 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,716 |
| Insurance | $45,291 |
| All other expenses | $0 |
| Total functional expenses | $4,087,779 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,079 |
| Savings and temporary cash investments | $505,304 |
| Pledges and grants receivable | $215,250 |
| Accounts receivable, net | $17,253 |
| 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 | $13,190 |
| Net Land, buildings, and equipment | $2,492,267 |
| Investments—publicly traded securities | $11,638,571 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,014,914 |
| Accounts payable and accrued expenses | $836,818 |
| 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 | $2,046,068 |
| Other liabilities | $0 |
| Total liabilities | $2,882,886 |
| Net assets without donor restrictions | -$4,487,817 |
| Net assets with donor restrictions | $16,619,845 |
| 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 | $15,014,914 |
Grants Awarded
Over the last fiscal year, Armenian Assembly Of America Inc has awarded $1,697,722 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ARMENIAN NATIONAL INSTITUTE INC PURPOSE: GENERAL SUPPORT | $155,228 |
ARMENIA FUND PURPOSE: GENERAL SUPPORT | $1,532,671 |
ONE ARMENIA PURPOSE: GENERAL SUPPORT | $9,823 |