ARMENIAN EVANGELICAL UNION OF NORTH AMERICA (EIN 770202388) - 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

1996

Legal Domicile

Principal Officer

HENDRIK SHANAZARI

Phone

8185008839

Tax Period

2024-08-01 to 2025-07-31

ARMENIAN EVANGELICAL UNION OF NORTH AMERICA, founded in 1996, is a community nonprofit that reported $3.5M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 38% operating margin.

Mission

The Armenian Evangelical Union of North America ("AEUNA") is a private, nonprofit organization dedicated to uniting member churches, pastors, and organizations within the ecclesiastical fellowship for ministry, mission, and service in the name of Jesus Christ.

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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 $1,855,797

Program Service Revenue $885,900

Investment Income $692,503

Other Revenue $90,905

TOTAL REVENUE $3,525,105

Expense Breakdown

Grants Paid $215,100

Salaries & Benefits $591,678

Fundraising Expenses $64,708

Program Expenses $1,829,684

Other Expenses $1,388,955

TOTAL EXPENSES $2,195,733

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,525,105	$2,779,900	+0.3%
Expenses	$2,195,733	$2,171,561	+0.0%
Net Income	$1,329,372	$608,339	+1.2%

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

$113,132

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HENDRIK SHANAZARI	MINISTER UNION	40.00	Director	$105,032	$8,100	$113,132
SERGE BUCKAJIAN	amma ed	1.00	Director	$0	$0	$0
GREG SARIAN	VICE MODERATOR	1.00	Director	$0	$0	$0
SAPLI NERCESSIAN	MEMBER AT LARGE	1.00	Director	$0	$0	$0
JOSEPH GARABEDIAN	stewardship	1.00	Director	$0	$0	$0
ARA HEGHINIAN	ministry	1.00	Director	$0	$0	$0
GEORGE TERIAN	PUBLICATION	1.00	Director	$0	$0	$0
DORIS MELKONIAN	HERITAGE	1.00	Director	$0	$0	$0
HEATHER OHANESON	EVANGELISM	1.00	Director	$0	$0	$0
HRATCH DOCTORIAN	Treasurer	1.00	Officer Director	$0	$0	$0
ARPI SARMAZIAN	YOUTH	1.00	Director	$0	$0	$0
CHRISTINE MOMJIAN	CLERK	1.00	Director	$0	$0	$0
MARY ANN JANIGIAN	MEMBER AT LARGE	1.00	Director	$0	$0	$0
GEORGE MEGERDITCHIAN	MEMBER AT LARGE	1.00	Director	$0	$0	$0
RON TOVOMASSIAN	FIELD PASTOR	1.00	Director	$0	$0	$0
LEVON FILIAN	MEMBER AT LARGE	1.00	Director	$0	$0	$0
GREG HAROUTUNIAN	MEMBER AT LARGE	1.00	Director	$0	$0	$0
CALVIN SAGHERIAN	MODERATOR	1.00	Director	$0	$0	$0
MESROP KHACHATURYANTS	MODERATOR	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
2025	$3,525,105	$2,195,733	$13,045,729	$1,329,372
2024	$2,779,900	$2,171,561	$11,908,388	$608,339
2023	$2,250,711	$1,864,332	$10,809,964	$386,379
2022	$1,788,757	$1,341,772	$10,218,315	$446,985
2021	$2,075,646	$866,410	$10,347,422	$1,209,236
2020	$1,117,621	$876,338	$8,056,150	$241,283
2019	$1,205,710	$1,208,508	$7,532,983	$-2,798
2018	$1,279,045	$1,261,296	$7,521,208	$17,749

ARMENIAN EVANGELICAL UNION OF NORTH AMERICA