Armenian Church Endowment Fund Inc (EIN 202821426) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

Gregory Melconian

Phone

2128122255

Tax Period

2024-01-01 to 2024-12-31

Armenian Church Endowment Fund Inc, founded in 2005, is a mid-sized nonprofit in the Religion sector that reported $11.6M in total revenue in fiscal year 2024. Revenue surged 167% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.4M, a strong 64% operating margin.

Mission

Armenian Church Endowment Fund's ("ACEF") mission is to provide professional asset management services to the parishes and related entities of the Diocese of the Armenian Church.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,660,705

Program Service Revenue $312,801

Investment Income $9,669,304

Other Revenue $0

TOTAL REVENUE $11,642,810

Expense Breakdown

Grants Paid $3,429,027

Salaries & Benefits $179,676

Fundraising Expenses $0

Program Expenses $3,500,743

Other Expenses $618,733

TOTAL EXPENSES $4,227,436

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,642,810	$4,363,783	+1.7%
Expenses	$4,227,436	$3,976,412	+0.1%
Net Income	$7,415,374	$387,371	+18.1%

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

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

$65,115

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lisa A Kazanjian	Executive Director	32.0	Officer	$65,115	$0	$65,115
Bishop Mesrop Parsamyan	PRESIDENT	1.0	Officer Director	$0	$0	$0
Gregory Zorthian	Chair	1.0	Officer Director	$0	$0	$0
Kirk S Hachigian	Director	1.0	Director	$0	$0	$0
Bryan Stepanian	Director	1.0	Director	$0	$0	$0
Gregory Melconian	Treasurer	1.0	Officer Director	$0	$0	$0
Robert E Cannuscio	Secretary	1.0	Officer Director	$0	$0	$0
Melanie Dadourian	Director	1.0	Director	$0	$0	$0
Eric Baroyan	Director	1.0	Director	$0	$0	$0
Kirk Kazazian	DIRECTOR	1.0	Director	$0	$0	$0
Richard Papalian	Director	1.0	Director	$0	$0	$0
Marie A Vanerian	DIRECTOR	1.0	Director	$0	$0	$0
Elizabeth Shaghalian Vranka	DIRECTOR	1.0	Director	$0	$0	$0
Gregory J Amerkanian	Director	1.0	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	$11,642,810	$4,227,436	$151,681,375	$7,415,374
2023	$4,363,783	$3,976,412	$146,847,942	$387,371
2022	$-5,279,564	$3,734,499	$135,682,703	$-9,014,063
2021	$15,006,380	$3,671,348	$160,041,186	$11,335,032
2020	$190,058	$3,477,120	$127,433,963	$-3,287,062
2019	$3,159,593	$3,455,622	$115,502,470	$-296,029
2018	$7,412,837	$3,439,100	$99,446,738	$3,973,737

Armenian Church Endowment Fund Inc