ARMENIAN RELIEF & DEVELOPMENT ASSOCIATION

EIN: 237089113 501(c)(3) International Affairs

PASADENA, CA

Total Revenue
$768,066
Total Expenses
$1,109,926
Total Assets
$1,585,823
Net Assets
$1,585,823
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
CA
Phone
6267443221
Tax Period
2024-01-01 to 2024-12-31

ARMENIAN RELIEF & DEVELOPMENT ASSOCIATION, founded in 1970, is a small nonprofit in the International Affairs sector that reported $768K in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 45% operating deficit.

Mission

HELPS CHILDREN, ELDERLY AND FAMILIES IN ARMENIA WITH BASIC HUMANITARIAN AND SPIRITUAL NEEDS.

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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 $606,868
Program Service Revenue $148,078
Investment Income $10,014
Other Revenue $3,106
TOTAL REVENUE $768,066

Expense Breakdown

Grants Paid $542,494
Salaries & Benefits $327,280
Fundraising Expenses $21,069
Program Expenses $967,076
Other Expenses $240,152
TOTAL EXPENSES $1,109,926

Year-over-Year Comparison

2024 2023 Change
Revenue $768,066 $1,514,043 -0.5%
Expenses $1,109,926 $1,213,746 -0.1%
Net Income $-341,860 $300,297 -2.1%
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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Governance

Voting Members
10
Independent Members
10
Employees
2
Volunteers
24

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARIEL BABIKIAN EXECUTIVE DIRECTOR 40.00
$108,000 $12,642 $120,642
NANOR PILILIAN Director 2.00
Director
$0 $0 $0
STAN LAZARIAN President 10.00
Officer Director
$0 $0 $0
LEVON FILIAN Secretary 2.00
Officer Director
$0 $0 $0
H RAYMOND SAVOIAN Chairman 2.00
Officer Director
$0 $0 $0
MIHRAN BEREJIKIAN Director 2.00
Director
$0 $0 $0
DARELL LEVONIAN Director 2.00
Director
$0 $0 $0
MARTIN ESKIJIAN Treasurer 2.00
Officer Director
$0 $0 $0
PAUL AIJIAN Vice Chairman 2.00
Director
$0 $0 $0
JACOB KHUSHIGIAN Director 2.00
Director
$0 $0 $0
ANI SHAHINIAN Director 2.00
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 $981,529 $1,109,926 $1,585,823 $-128,397
2024 $768,066 $1,109,926 $1,585,823 $-341,860
2023 $1,514,043 $1,213,746 $1,685,342 $300,297
2022 $941,385 $1,126,528 $1,326,638 $-185,143
2021 $1,008,702 $1,015,213 $1,597,089 $-6,511
2020 $1,126,085 $1,010,382 $1,577,397 $115,703
2019 $1,450,925 $1,531,856 $1,475,796 $-80,931
2018 $869,344 $1,145,085 $1,503,177 $-275,741
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