ARMENIAN RELIEF SOCIETY INC (EIN 042219512) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1939

Legal Domicile

Principal Officer

AROUSYAK MELKONIAN

Phone

6179265892

Tax Period

2024-06-01 to 2025-05-31

ARMENIAN RELIEF SOCIETY INC, founded in 1939, is a community nonprofit in the International Affairs sector that reported $3.6M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $903K, a strong 25% operating margin.

Mission

TO SERVE THE HUMANITARIAN NEEDS OF THE ARMENIAN PEOPLE AND SEEK TO PRESERVE THE CULTURAL IDENTITY OF THE ARMENIAN NATION THROUGHOUT THE WORLD. MOREOVER, TO AID PEOPLE IN NEED, ARMENIAN AND NON-ARMENIAN, DUE TO NATURAL AND MAN-MADE DISASTERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,557,199

Program Service Revenue $220,978

Investment Income $842,454

Other Revenue $0

TOTAL REVENUE $3,620,631

Expense Breakdown

Grants Paid $2,308,562

Salaries & Benefits $170,516

Fundraising Expenses $76,272

Program Expenses $2,423,505

Other Expenses $239,043

TOTAL EXPENSES $2,718,121

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,620,631	$2,836,339	+0.3%
Expenses	$2,718,121	$2,756,395	0.0%
Net Income	$902,510	$79,944	+10.3%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✓ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$56,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AROUSYAK MELKONIAN	CHAIRPERSON	15.00	Officer Director	$0	$0	$0
TALINE DAGHLIAN	VICE CHAIRPERSON	15.00	Officer Director	$0	$0	$0
NAYIRI BALANIAN	SECRETARY	15.00	Officer Director	$0	$0	$0
ANNIE KECHICHIAN	TREASURER	15.00	Officer Director	$0	$0	$0
ARMINEE KARABETIAN	DIRECTOR	15.00	Director	$0	$0	$0
ZHARMEN MIRZAKHANIAN	DIRECTOR	15.00	Director	$0	$0	$0
ZOYA KOCHARYAN	DIRECTOR	15.00	Director	$0	$0	$0
LISA TCHALIKIAN GILLIBERT	DIRECTOR	15.00	Director	$0	$0	$0
SIRAN AMBARJIAN	DIRECTOR	15.00	Director	$0	$0	$0
NORA SEVAGIAN	DIRECTOR	15.00	Director	$0	$0	$0
IRMA KASSABIAN	DIRECTOR	15.00	Director	$0	$0	$0
MEGHRIG NERKIZIAN	EXECUTIVE DIRECTOR	40.00	Officer	$56,000	$0	$56,000

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$3,620,631	$2,718,121	$9,411,720	$902,510
2024	$2,836,339	$2,756,395	$9,062,558	$79,944
2023	$3,929,182	$2,490,161	$8,679,892	$1,439,021
2022	$2,175,046	$2,476,382	$6,926,919	$-301,336
2021	$4,683,258	$3,491,169	$7,385,706	$1,192,089
2019	$933,407	$905,573	$4,700,902	$27,834
2018	$1,362,189	$1,124,841	$4,728,871	$237,348

ARMENIAN RELIEF SOCIETY INC