ARMENIAN AMERICAN CULTURAL ASSOCIATION INC (EIN 541747032) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

SEVAG BALIAN

Phone

7034162555

Tax Period

2024-01-01 to 2024-12-31

ARMENIAN AMERICAN CULTURAL ASSOCIATION INC, founded in 1995, is a small nonprofit in the Arts, Culture & Humanities sector that reported $654K in total revenue in fiscal year 2018. Revenue decreased 6% compared to the prior year. Expenses of $604K left a modest 8% surplus.

Mission

SEE PART III, LINE 1.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $151,206

Program Service Revenue $0

Investment Income $19,201

Other Revenue $0

TOTAL REVENUE $170,407

Expense Breakdown

Grants Paid $0

Salaries & Benefits $59,472

Fundraising Expenses $4,930

Program Expenses $19,511

Other Expenses $77,197

TOTAL EXPENSES $136,669

Year-over-Year Comparison

	2024	2023	Change
Revenue	$170,407	$127,645	+0.3%
Expenses	$136,669	$662,268	-0.8%
Net Income	$33,738	$-534,623	-1.1%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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
MARIE BALIAN	PRESIDENT	15.00	Officer Director	$0	$0	$0
RITA S BALIAN	CO-FOUNDER & CHAIRPERSON	15.00	Officer Director	$0	$0	$0
GREGORY SEVAG BALIAN	VICE CHAIR & TREASURER	15.00	Officer Director	$0	$0	$0
ARAM S BALIAN	SECRETARY	20.00	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
2024	$170,407	$136,669	$3,730,972	$33,738
2023	$127,645	$662,268	$3,372,171	$-534,623
2022	$75,306	$55,048	$3,699,147	$20,258
2021	$226,420	$378,005	$3,868,708	$-151,585
2020	$1,208,319	$791,345	$3,781,584	$416,974
2020	$1,297,970	$907,255	$3,781,584	$390,715
2019	$1,137,685	$776,761	$3,621,252	$360,924
2018	$654,177	$603,999	$3,140,508	$50,178

ARMENIAN AMERICAN CULTURAL ASSOCIATION INC