ARMENIAN RELIEF CORPS INC (EIN 850561773) - 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

Principal Officer

HERACH HACOUPIAN

Phone

6267560848

Tax Period

2024-01-01 to 2024-12-31

ARMENIAN RELIEF CORPS INC is a small nonprofit in the International Affairs sector that reported $187K in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $231K exceeded revenue, resulting in a 24% operating deficit.

Mission

A FAITH BASED ORGANIZATION PROVIDING FOR THE MATERIAL NEEDS OF IMPROVERISHED ARMENIANS.

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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 $186,556

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $186,556

Expense Breakdown

Grants Paid $230,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $230,000

Other Expenses $616

TOTAL EXPENSES $230,616

Year-over-Year Comparison

	2024	2023	Change
Revenue	$186,556	$357,266	-0.5%
Expenses	$230,616	$356,971	-0.4%
Net Income	$-44,060	$295	-150.4%

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

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
HERACH HACOUPIAN	President	5.00	Director	$0	$0	$0
ROUBINA COLEMAN	Vice President	5.00	Director	$0	$0	$0
RICHARD AFSHARIAN	Treasurer	5.00	Director	$0	$0	$0
ANDREW HACOUPIAN	Board member	5.00	Director	$0	$0	$0
ANDRE AFSHARIAN	Board member	5.00	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
2024	$186,556	$230,616	$226,371	$-44,060
2023	$357,266	$356,971	$270,431	$295
2022	$358,590	$311,504	$270,136	$47,086
2021	$288,696	$77,045	$223,050	$211,651

ARMENIAN RELIEF CORPS INC