Armenian Wounded Heroes Fund Inc
- Assets
- $0.0
- Revenue
- $8.5m
- Investments
- $904.0
- Employees
- 0
- Location
- Ridgewood, NJ
- Founding
- 07/2016
- Data as of
- 03/2021
- EIN
- 81-2263520
Organization Overview
Armenian Wounded Heroes Fund Inc is located in Ridgewood, NJ. The organization was established in 2016. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Armenian Wounded Heroes Fund 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 03/2021, Armenian Wounded Heroes Fund Inc generated $8.5m in total revenue. All expenses for the organization totaled $3.6m during the year ending 03/2021. While expenses have increased by 137.1% per year over the past 4 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.
Since 2020, Armenian Wounded Heroes Fund Inc has awarded 25 individual grants totaling $8,309,739. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Razmig Arzoumanian President | 1 | $0 | |
Christopher Petrossian CFO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,528,520 |
| Interest on Savings | $17 |
| Dividends & Interest | $1 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,527,337 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $60,245 |
| Contributions, gifts, grants paid | $3,512,300 |
| Total expenses and disbursements | $3,572,545 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,015,291 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Armenian Wounded Heroes Fund Inc has awarded $3,348,123 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER FOR SCIENTIFIC INNOVATION AN PURPOSE: CHARITY DONATION TO CSIE FOUNDATION FOR EDUCATION AND TRAINING OF VETERANS | $904,100 |
DISABLED SPORTS FEDERATION OF PURPOSE: CHARITY DONATION FOR OPERATIONS EXPENSES / EQUIPMENT OF REHABILITATION CENTER | $181,350 |
ARMENIAN WOUNDED HEROES SUPPORT NGO PURPOSE: CHARITY PROJECTS FOR WOUNDED SOLDIERS | $1,815,000 |
AERODYANAMICS PURPOSE: PROCUREMENT OF PROTECTIVE MATERIALS BOUGHT FROM HARDSHELL AND ASSEMBLED BY AERODYNAMICS | $80,600 |
ARVI INTERNATIONAL SHIPPING LLC PURPOSE: SHIPMENT OF MATERIALS FOR PROTECTIVE VESTS AND HELMETS | $1,774 |
ARMENIAN EDUCATIONAL FOUNDATION INC PURPOSE: CHARITY DONATION SUPPORT STUDENT SCHOLARSHIPS FOR VETERANS IN ARMENIA | $25,000 |