HOPE ARMENIA MINISTRIES

EIN: 412198335 501(c)(3)

SAN DIMAS, CA

Total Revenue
$80,398
Total Expenses
$90,470
Total Assets
$53,760
Net Assets
$53,760
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
CA
Principal Officer
SHARON P COMBS
Tax Period
2018-01-01 to 2018-12-31

HOPE ARMENIA MINISTRIES, founded in 1985, is a micro nonprofit that reported $80K in total revenue in fiscal year 2018. Revenue decreased 20% compared to the prior year. Expenses of $90K exceeded revenue, resulting in a 13% operating deficit.

Mission

PROMOTE CHRISTIAN VALUES AMONG TEENAGERS AND YOUNG ADULTS IN ARMENIA. DEVELOPING LEADERS, BIBLE EDUCATION, YOUTH MATERIALS MINSTERING SPIRITUAL NEEDS TO ARMENIANS AND A HOST OF OTHER PROGRAMS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $80,398
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $80,398

Expense Breakdown

Grants Paid $0
Salaries & Benefits $41,250
Fundraising Expenses $0
Program Expenses $47,981
Other Expenses $49,220
TOTAL EXPENSES $90,470

Year-over-Year Comparison

2018 2017 Change
Revenue $80,398 $100,389 -0.2%
Expenses $90,470 $116,356 -0.2%
Net Income $-10,072 $-15,967 -0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
3
Employees
N/A
Volunteers
15

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
$7,500
Total Directors
2
$0
Key Employees
1
$7,500
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LENE GUERTIN DIRECTOR 010.00
Officer Director
$0 $0 $0
CHUCK NEWMAN VICE CHAIR 010.00
Director
$0 $0 $0
SHARON P COMBS CHAIRMAN 010.00
Officer
$0 $0 $0
WENDY GETTENS SECRETARY 010.00
Officer
$0 $0 $0
HEATHER THRALL TREASURER 020.00
Officer Key Emp
$7,500 $0 $7,500
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
2018 $80,398 $90,470 $53,760 $-10,072
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