ARMENIAN WOMEN'S WELFARE ASSOCIATION INC

EIN: 300254355 501(c)(3) Health Care

JAMAICA PLAIN, MA

Total Revenue
$638,841
Total Expenses
$762,240
Total Assets
$25,974,260
Net Assets
$25,927,940
🔒

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
2004
Legal Domicile
MA
Principal Officer
WENDY SEGREST
Phone
6175222600
Tax Period
2024-01-01 to 2024-12-31

ARMENIAN WOMEN'S WELFARE ASSOCIATION INC, founded in 2004, is a small nonprofit in the Health Care sector that reported $639K in total revenue in fiscal year 2024. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $762K exceeded revenue, resulting in a 19% operating deficit.

Mission

TO IMPROVE THE QUALITY OF LIFE FOR ELDERS LOCALLY AND INTERNATIONALLY, INCLUDING THE ARMENIAN COMMUNITY THROUGH AID, RELIEF AND / OR EDUCATION, CHANGING AS THE NEEDS OF THE COMMUNITIES AWWA SERVICES CHANGE.

🔒

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 $40,685
Program Service Revenue $0
Investment Income $584,156
Other Revenue $14,000
TOTAL REVENUE $638,841

Expense Breakdown

Grants Paid $346,371
Salaries & Benefits $121,698
Fundraising Expenses $121,698
Program Expenses $353,164
Other Expenses $294,171
TOTAL EXPENSES $762,240

Year-over-Year Comparison

2024 2023 Change
Revenue $638,841 $1,771,379 -0.6%
Expenses $762,240 $367,141 +1.1%
Net Income $-123,399 $1,404,238 -1.1%
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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
9

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
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WENDY SEGREST PRESIDENT 25.00
Officer Director
$0 $0 $0
MANNEH SHARIS GHAZARIANS CO-VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
ALYSSA ANNA YENIKOMSHIAN CO-VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
LORRAINE MARIE MANJIKIAN TREASURER 1.00
Officer Director
$0 $0 $0
HANNAH DAGG SECRETARY 1.00
Officer Director
$0 $0 $0
HILDA SAHAN CAMPBELL DIRECTOR 1.00
Director
$0 $0 $0
REBECCA GARABEDIAN DIRECTOR 1.00
Director
$0 $0 $0
LUANN FITZGERALD DIRECTOR 1.00
Director
$0 $0 $0
ANI STEPANYAN 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 $638,841 $762,240 $25,974,260 $-123,399
2023 $1,771,379 $367,141 $24,268,561 $1,404,238
2022 $524,090 $304,566 $20,509,402 $219,524
2021 $566,055 $495,743 $24,290,028 $70,312
2020 $587,961 $527,309 $22,397,964 $60,652
2019 $4,183,284 $429,572 $20,377,841 $3,753,712
2018 $929,444 $250,391 $16,721,755 $679,053
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ARMENIAN WOMEN'S WELFARE ASSOCIATION INC with other nonprofits in Massachusetts and across the country.