Belmont, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)National Association for Armenian Studies and Research Inc, founded in 1955, is a small nonprofit that reported $809K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $990K exceeded revenue, resulting in a 22% operating deficit.
Founded in 1955, the National Association for Armenian Studies and Research (NAASR) is an independent non-profit membership organization, and one of the world's leading Armenian Studies centers and rare book libraries. NAASR advances Armenian Studies through research and scholarship, offers high-quality educational public programming, and supports and connects scholars of Armenian Studies worldwide with each other and a broad general public to build a global community, expand horizons, and preserve and enrich Armenian culture, history, and identity for future generations.
Founded in 1955, the National Association for Armenian Studies and Research (NAASR) is an independent non-profit membership organization, and one of the world's leading Armenian Studies centers and...
Founded in 1955, the National Association for Armenian Studies and Research (NAASR) is an independent non-profit membership organization, and one of the world's leading Armenian Studies centers and research libraries on Armenian and related subjects. NAASR advances Armenian Studies through research and scholarship, offers high-quality educational public programming, and supports and connects scholars of Armenian Studies worldwide with each other and a broad general public.NAASR's Mardigian Library is used primarily by scholars and independent researchers (whether in person or remotely requesting scanned materials or references), university students, high school students, and the general public. The entire library's collections are available free of charge for research and reference purposes, or simply for browsing, and receives on average 100-150 requests/visits per year. Since the library catalog is fully accessible online, requests come from around the world.The library holds more than 38,000 books and holdings dating to the 1600s, and periodicals dating to the 1800s. Materials in the collection are primarily written in Armenian and English, but important publications in Turkish, Farsi, Russian, French, German, Arabic and other languages are also represented. Through the years, numerous significant and valuable collections have been donated to NAASR including special collections, personal archives and papers from over 25 prominent scholars, genocide survivors, religious figures, and early immigrants to the U.S.In 2024, NAASR hosted and sponsored over 60 events, including 8 major conferences and symposia at venues such as Harvard, UCLA, the University of Paris, and the Armenian Genocide Museum-Institute in Yerevan.NAASR's programs reach a growing global audience through live-streamed and hybrid formats, with over 21,000 views on YouTube in 2024.NAASR is home to the largest English-language bookstore on Armenian topics, offering over 2,000 titles for in-person or online shoppers.NAASR supports scholars worldwide through research and assistance. In 2024, more than 40 grants were approved for support by NAASR and the Knights of Vartan Fund for Armenian Studies.NAASR's members include scholars, students, researchers, and members of the general public. NAASR collaborates with a myriad of non-profit organizations and universities throughout the world.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $808,572 | $1,182,415 | -0.3% |
| Expenses | $990,215 | $947,629 | +0.0% |
| Net Income | $-181,643 | $234,786 | -1.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Ara N Araz | Chairperson | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dr Henry C Theriault | Vice Chairperson eff. 11/24 | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Margaret Mgrublian | Vice Chairperson until 11/24 | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Brian Ansbigian | Treasurer eff. 11/24 | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Bruce W Roat | Treasurer until 11/24 | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jirair Balayan | Secretary eff. 6/24 | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Arlene Saryan Alexander | Secretary until 6/24 | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nancy R Kolligian | Advisor | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mark Momjian | Advisor | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dr Nick Akgulian | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Ara Arakelian | Director eff. 11/24 | 2.00 |
Director
|
$0 | $0 | $0 |
| Mihran Aroian | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Dr Susan E Barba | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Roupen Berberian | Director until 11/24 | 2.00 |
Director
|
$0 | $0 | $0 |
| Michael Bobelian | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Houry Boyamian | Director eff. 11/24 | 2.00 |
Director
|
$0 | $0 | $0 |
| Dr Sharon Chekijian | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Ani Hovannisian | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Dr Susan Jerian | Director eff. 11/24 | 2.00 |
Director
|
$0 | $0 | $0 |
| Dr Gregory Ketabgian | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Joan E Kolligian | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Nancy Kricorian | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Stephen A Kurkjian | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Dr Armineh Mirzabegian | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Dr Khatchig Mouradian | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Dr Anna Ohanyan | Director until 11/24 | 2.00 |
Director
|
$0 | $0 | $0 |
| Gerald Papazian | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Dr Mary Papazian | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Judith Saryan | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Shushan M Teager | Director until 11/24 | 2.00 |
Director
|
$0 | $0 | $0 |
| Silva Sedrakian | Executive Director | 40.00 |
Officer
|
$99,029 | $0 | $99,029 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $808,572 | $990,215 | $11,320,406 | $-181,643 |
| 2023 | $1,182,415 | $947,629 | $11,302,675 | $234,786 |
| 2022 | $1,239,127 | $873,381 | $10,721,419 | $365,746 |
| 2021 | $1,559,938 | $767,881 | $10,865,003 | $792,057 |
| 2020 | $446,895 | $669,139 | $10,313,854 | $-222,244 |
| 2019 | $850,307 | $476,330 | $10,080,995 | $373,977 |
| 2018 | $1,861,625 | $665,230 | $6,634,137 | $1,196,395 |
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