ARMENIAN CULTURAL & EDUCATIONAL CENTER INC (EIN 237435493) - 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

1975

Legal Domicile

Principal Officer

VATCHE SERADERIAN

Phone

6173122828

Tax Period

2024-01-01 to 2024-12-31

ARMENIAN CULTURAL & EDUCATIONAL CENTER INC, founded in 1975, is a small nonprofit in the Arts, Culture & Humanities sector that reported $440K in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $116K, a strong 26% operating margin.

Mission

CULTURAL AND EDUCATIONAL SERVICES

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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 $27,015

Program Service Revenue $299,192

Investment Income $26,178

Other Revenue $87,371

TOTAL REVENUE $439,756

Expense Breakdown

Grants Paid $0

Salaries & Benefits $110,647

Fundraising Expenses $12,933

Program Expenses $187,536

Other Expenses $212,691

TOTAL EXPENSES $323,338

Year-over-Year Comparison

	2024	2023	Change
Revenue	$439,756	$330,358	+0.3%
Expenses	$323,338	$344,151	-0.1%
Net Income	$116,418	$-13,793	-9.4%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEAN AVEDISSIAN	TRUSTEE	2.00	Director	$0	$0	$0
ANI ZARGARIAN	TRUSTEE	2.00	Director	$0	$0	$0
DIKRAN KALIGIAN	TRUSTEE	2.00	Director	$0	$0	$0
MARTHA MENSOIAN	VICE PRESIDENT & TRUSTEE	2.00	Officer Director	$0	$0	$0
TALAR ABDELIAN	TRUSTEE	2.00	Director	$0	$0	$0
JOSHUA TEVEKELIAN	TRUSTEE	2.00	Director	$0	$0	$0
STEPAN CHILOYAN	TRUSTEE	2.00	Director	$0	$0	$0
VARANT CHILOYAN	TRUSTEE	2.00	Director	$0	$0	$0
VAHE GHAHRAMAN	SECRETARY & TRUSTEE	2.00	Officer Director	$0	$0	$0
ARMEN KHACHATOURIAN	TREASURER & TRUSTEE	2.00	Officer Director	$0	$0	$0
CHARLES ASLANIAN	TRUSTEE	2.00	Director	$0	$0	$0
VATCHE SERADERIAN	PRESIDENT AND TRUSTEE	2.00	Officer Director	$0	$0	$0
RAFFI VARJABEDIAN	TRUSTEE	2.00	Director	$0	$0	$0
ALAIN CHAGLASSIAN	TRUSTEE	2.00	Director	$0	$0	$0
RICHIE GHAZARYANS	TRUSTEE	2.00	Director	$0	$0	$0
JOHN JERIKIAN	TRUSTEE	2.00	Director	$0	$0	$0
ARA MARGOSIAN	TRUSTEE	2.00	Director	$0	$0	$0
SARO SAKAIAN	TRUSTEE	2.00	Director	$0	$0	$0
ROUBINA SURENIAN	TRUSTEE	2.00	Director	$0	$0	$0
MIHRAN YENIKOMSHIAN	TRUSTEE	2.00	Director	$0	$0	$0
RAFFI YABOUJIAN	TRUSTEE	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	$439,756	$323,338	$1,129,217	$116,418
2023	$330,358	$344,151	$1,111,979	$-13,793
2022	$884,543	$296,589	$1,107,268	$587,954
2021	$282,584	$293,665	$560,325	$-11,081
2020	$140,849	$257,981	$549,264	$-117,132
2019	$269,285	$323,203	$658,144	$-53,918

ARMENIAN CULTURAL & EDUCATIONAL CENTER INC