ARMENIAN EAGLES FOUNDATION (EIN 812815053) - 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

2016

Legal Domicile

Principal Officer

VAGRAM SHALVARDZHYAN

Phone

8189456274

Tax Period

2023-01-01 to 2023-12-31

ARMENIAN EAGLES FOUNDATION, founded in 2016, is a small nonprofit in the Human Services sector that reported $313K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $302K left a modest 4% surplus.

Mission

WE HELP RURAL AREAS OF ARMENIA WITH STRUGGLING BUSINESSES AND INFRASTRUCTURE BY PROVIDING FAMILIES WITH BUSINESS SUPPORT IN ORDER TO HELP PROMOTE GROWTH, BUILD SUSTAINABLE BUSINESSES, AND ENHANCE THE QUALITY OF LIVING FOR THOSE IMPACTED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $313,481

Program Service Revenue $0

Investment Income $6

Other Revenue $0

TOTAL REVENUE $313,487

Expense Breakdown

Grants Paid $287,636

Salaries & Benefits $0

Fundraising Expenses $5,193

Program Expenses $287,636

Other Expenses $13,919

TOTAL EXPENSES $301,555

Year-over-Year Comparison

	2023	2022	Change
Revenue	$313,487	$250,447	+0.3%
Expenses	$301,555	$164,871	+0.8%
Net Income	$11,932	$85,576	-0.9%

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

N/A

Employees

N/A

Volunteers

N/A

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
SERJ EYVAZIAN	DIRECTOR	0.50	Director	$0	$0	$0
VAGRAM SHALVARDZHYAN	DIRECTOR	1.00	Director	$0	$0	$0
IVETA OVSEPYAN	DIRECTOR	0.50	Director	$0	$0	$0
ANDRANIK BALOYAN	DIRECTOR	1.00	Director	$0	$0	$0
ALEN ZAMANYAN	DIRECTOR	0.50	Director	$0	$0	$0
ARAKS GALSTYAN	DIRECTOR	0.50	Director	$0	$0	$0
SEVAK KESHISHIAN	DIRECTOR	0.50	Director	$0	$0	$0
MARIANNA PETROSYAN	DIRECTOR	0.50	Director	$0	$0	$0
NAREK DERHARTUNIAN	DIRECTOR	0.50	Director	$0	$0	$0
ARICK GEVORGYAN	DIRECTOR	0.50	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
2023	$313,487	$301,555	$171,533	$11,932
2022	$250,447	$164,871	$159,601	$85,576
2021	$107,649	$89,127	$74,025	$18,522
2020	$215,104	$181,236	$55,503	$33,868

ARMENIAN EAGLES FOUNDATION