ARMENIAN RELIEF SOCIETY OF EASTERN USA INC

EIN: 042684459 501(c)(3) International Affairs

WATERTOWN, MA

Total Revenue
$1,544,920
Total Expenses
$1,268,627
Total Assets
$7,519,575
Net Assets
$7,495,359
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
MA
Principal Officer
CAROLINE CHAMAVONIAN
Phone
6179263801
Tax Period
2024-06-01 to 2025-05-31

ARMENIAN RELIEF SOCIETY OF EASTERN USA INC, founded in 1980, is a community nonprofit in the International Affairs sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $276K, a strong 18% operating margin.

Mission

SERVES THE HUMANITARIAN NEEDS OF THE ARMENIAN PEOPLE AND SEEKS TO PRESERVE THE CULTURAL IDENTITY OF THE ARMENIAN NATION.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $864,893
Program Service Revenue $0
Investment Income $431,820
Other Revenue $248,207
TOTAL REVENUE $1,544,920

Expense Breakdown

Grants Paid $857,030
Salaries & Benefits $79,526
Fundraising Expenses $6,107
Program Expenses $1,047,886
Other Expenses $332,071
TOTAL EXPENSES $1,268,627

Year-over-Year Comparison

2024 2023 Change
Revenue $1,544,920 $929,976 +0.7%
Expenses $1,268,627 $1,169,221 +0.1%
Net Income $276,293 $-239,245 -2.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
2
Volunteers
1170

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
5
$58,690
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROLINE CHAMAVONIAN CHAIRPERSON 10.00
Officer Director
$0 $0 $0
SEDA AGHAMIANZ VICE CHAIRPERSON 5.00
Officer Director
$0 $0 $0
MARGARET BABIKIAN MEDINA TREASURER 5.00
Officer Director
$0 $0 $0
MARY ANDONIAN SECRETARY 5.00
Officer Director
$0 $0 $0
ANOUSH BARGAMIAN ADVISOR 5.00
Director
$0 $0 $0
TAMITZA DAKISSIAN ADVISOR 5.00
Director
$0 $0 $0
LEIZA BOUROUJIAN ADVISOR 5.00
Director
$0 $0 $0
VARTOUHIE CHILOYAN EXECUTIVE DIRECTOR 40.00
Officer
$58,690 $0 $58,690
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 $1,544,920 $1,268,627 $7,519,575 $276,293
2024 $929,976 $1,169,221 $7,110,036 $-239,245
2023 $1,313,614 $1,077,536 $6,350,779 $236,078
2022 $1,203,344 $1,054,158 $6,491,978 $149,186
2021 $2,351,047 $1,187,821 $7,265,859 $1,163,226
2020 $801,566 $663,121 $5,366,637 $138,445
2019 $797,637 $692,274 $5,455,762 $105,363
2018 $1,558,295 $786,339 $5,408,350 $771,956
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ARMENIAN RELIEF SOCIETY OF EASTERN USA INC with other nonprofits in Massachusetts and across the country.