VETERANS OF ARMENIA

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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

2020

Legal Domicile

Principal Officer

FRED SARKISYAN

Phone

8188088384

Tax Period

2024-01-01 to 2024-12-31

VETERANS OF ARMENIA, founded in 2020, is a small nonprofit in the Public & Societal Benefit sector that reported $247K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $56K, a strong 23% operating margin.

Mission

THE MISSION OF THIS CORPORATION IS TO SUPPORT VETERANS AND THEIR FAMILIES RE-ACCLIMATE TO THEIR COMMUNITIES BY COMBATING PTSD, PHYSICAL THERAPY AND FINANCIAL HARDSHIP. ADDITIONALLY, PROVIDE HUMANITARIAN AID AND RELIEF TO FALLEN SOLDIER FAMILIES.

Program Service Accomplishments

Program 1

Expenses: $97,188

FUNDRAISING AND GENERAL FUND DONATIONS ALLOWED THE ORGANIZATION TO CONTINUE ITS MISSION TO HELP AND SUPPORT VETERANS.

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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 $247,363

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $247,363

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $72,860

Program Expenses $97,188

Other Expenses $191,095

TOTAL EXPENSES $191,095

Year-over-Year Comparison

	2024	2023	Change
Revenue	$247,363	$327,416	-0.2%
Expenses	$191,095	$306,244	-0.4%
Net Income	$56,268	$21,172	+1.7%

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
ARMEN ADAMYAN	COO	1.00	Director	$0	$0	$0
FRED SARKISYAN	CFO	1.00	Director	$0	$0	$0
LERMONT AKOPYAN	CHAIR OF GOVERNING BODY	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
2024	$247,363	$191,095	$176,226	$56,268
2023	$327,416	$306,244	$119,958	$21,172
2022	$283,991	$412,891	$98,786	$-128,900
2021	$264,761	$167,032	$227,686	$97,729
2020	$263,510	$133,553	$129,957	$129,957