ARMENIAN HERITAGE TRIBUTE AND GENOCIDE M

EIN: 201914324 501(c)(3) Arts, Culture & Humanities

WATERTOWN, MA

Total Revenue
$255,701
Total Expenses
$153,238
Total Assets
$5,010,432
Net Assets
$5,006,473
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MA
Principal Officer
KAREN DEDERYAN
Phone
7818942029
Tax Period
2024-01-01 to 2024-12-31

ARMENIAN HERITAGE TRIBUTE AND GENOCIDE M, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $256K in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $102K, a strong 40% operating margin.

Mission

DEVELOPMENT, CONSTRUCTION AND MAINTENANCE OF THE ARMENIAN HERITAGE GENOCIDE MEMORIAL PARK ON THE ROSE KENNEDY GREENWAY IN BOSTON, MASSACHUSETTS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $110,908
Program Service Revenue $0
Investment Income $110,641
Other Revenue $34,152
TOTAL REVENUE $255,701

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $3,249
Program Expenses $121,230
Other Expenses $153,238
TOTAL EXPENSES $153,238

Year-over-Year Comparison

2024 2023 Change
Revenue $255,701 $495,402 -0.5%
Expenses $153,238 $181,546 -0.2%
Net Income $102,463 $313,856 -0.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
37
Independent Members
37
Employees
N/A
Volunteers
100

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
$0
Total Directors
37
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN DEDERYAN TREASURER 1.00
Officer Director
$0 $0 $0
LUCY HOOSIAN SECRETARY 1.00
Officer Director
$0 $0 $0
JAMES KALUSTIAN PRESIDENT 1.00
Officer Director
$0 $0 $0
ARA ARAKELIAN DIRECTOR 1.00
Director
$0 $0 $0
ARAM ARKUN DIRECTOR 1.00
Director
$0 $0 $0
BRUCE BAGDASARIAN VICE PRESIDENT / DIRECTOR 1.00
Officer Director
$0 $0 $0
ANTHONY BARSAMIAN DIRECTOR 1.00
Director
$0 $0 $0
LENA CHOULJIAN DIRECTOR 1.00
Director
$0 $0 $0
STEPAN DULGARIAN JR DIRECTOR 1.00
Director
$0 $0 $0
ARA GHAZARIANS DIRECTOR 1.00
Director
$0 $0 $0
ARTO KURKJIAN DIRECTOR 1.00
Director
$0 $0 $0
EVA MEDZORIAN DIRECTOR 1.00
Director
$0 $0 $0
WALTER NAHABEDIAN VICE PRESIDENT / DIRECTOR 1.00
Officer Director
$0 $0 $0
MANUEL PARSEGHIAN DIRECTOR 1.00
Director
$0 $0 $0
STEPAN PILIGIAN DIRECTOR 1.00
Director
$0 $0 $0
SCOTT SAHAGIAN DIRECTOR 1.00
Director
$0 $0 $0
RICHARD SAHAGIAN DIRECTOR 1.00
Director
$0 $0 $0
SILVA SEDRAKIAN DIRECTOR 1.00
Director
$0 $0 $0
SIRAN TAMAKIAN DIRECTOR 1.00
Director
$0 $0 $0
FR AVED TERZIAN DIRECTOR 1.00
Director
$0 $0 $0
KASPAR TOROSIAN DIRECTOR 1.00
Director
$0 $0 $0
MARAL DERTOROSIAN DIRECTOR 1.00
Director
$0 $0 $0
RONALD SAHATJIAN DIRECTOR 1.00
Director
$0 $0 $0
KEN SAMUELIAN DIRECTOR 1.00
Director
$0 $0 $0
JOHN AHARONIAN INVESTMENTS COMMITTEE CHAIR / DIRECTOR 1.00
Director
$0 $0 $0
ARA BALIKIAN DIRECTOR 1.00
Director
$0 $0 $0
NANCY GANJIAN DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL DEMIRCHIAN DIRECTOR 1.00
Director
$0 $0 $0
ZAREH ZURABYAN AT LARGE / DIRECTOR 1.00
Director
$0 $0 $0
SOSSY YOGURTIAN DIRECTOR 1.00
Director
$0 $0 $0
GREG AFARIAN DIRECTOR 1.00
Director
$0 $0 $0
MILKA BEDIKIAN DIRECTOR 1.00
Director
$0 $0 $0
RICHARD KANARIAN DIRECTOR 1.00
Director
$0 $0 $0
FR KHACHTUR KESABLYAN DIRECTOR 1.00
Director
$0 $0 $0
JOAN DREVINS DIRECTOR 1.00
Director
$0 $0 $0
WENDY SEGREST DIRECTOR 1.00
Director
$0 $0 $0
JIRAIR BALAYAN DIRECTOR 1.00
Director
$0 $0 $0
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
2024 $255,701 $153,238 $5,010,432 $102,463
2023 $495,402 $181,546 $4,572,423 $313,856
2022 $1,073,029 $177,210 $4,152,611 $895,819
2021 $214,487 $153,849 $3,853,004 $60,638
2020 $149,955 $137,063 $3,561,026 $12,892
2019 $707,043 $165,239 $3,381,053 $541,804
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