ARMENIAN HOME FOUNDATION (EIN 521851571) - 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

1993

Legal Domicile

Principal Officer

DR CRAIG FROONJIAN

Phone

2012616662

Tax Period

2024-04-01 to 2025-03-31

ARMENIAN HOME FOUNDATION, founded in 1993, is a small nonprofit that reported $563K in total revenue in fiscal year 2024. Revenue surged 918% from the prior year, signaling strong growth momentum. The organization ran a surplus of $411K, a strong 73% operating margin.

Mission

THE ARMENIAN HOME FOUNDATION, INC. IS DESIGNED TO RAISE, MANAGE, AND INVEST FUNDS FROM DONATIONS, CONTRIBUTIONS, AND OTHER SOURCES TO SUPPORT THE SERVICES PROVIDED BY THE ARMENIAN NURSING AND REHABILITATION CENTER, INC., A NON-PROFIT ORGANIZATION, WHICH PROVIDES SERVICES AND CARE TO THOSE IN NEED.

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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 $499,490

Program Service Revenue $0

Investment Income $63,221

Other Revenue $0

TOTAL REVENUE $562,711

Expense Breakdown

Grants Paid $145,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $145,000

Other Expenses $6,363

TOTAL EXPENSES $151,363

Year-over-Year Comparison

	2024	2023	Change
Revenue	$562,711	$55,267	+9.2%
Expenses	$151,363	$219,171	-0.3%
Net Income	$411,348	$-163,904	-3.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR CRAIG FROONJIAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
SONIA MARDINIAN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KHOREN BANDAZIAN	SECRETARY	1.00	Officer 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
2025	$562,711	$151,363	$1,669,615	$411,348
2024	$55,267	$219,171	$1,243,929	$-163,904
2023	$68,032	$118,000	$1,393,399	$-49,968
2022	$165,244	$264,130	$1,667,111	$-98,886
2021	$211,771	$1,182,267	$1,885,851	$-970,496
2020	$250,586	$1,912,603	$2,182,884	$-1,662,017
2019	$388,926	$1,258,849	$4,331,984	$-869,923
2018	$177,884	$661,241	$5,182,163	$-483,357

ARMENIAN HOME FOUNDATION