ARMENIAN AMERICAN NURSES ASSOCIATI… - Form 990 Financial Data

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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

2000

Legal Domicile

Principal Officer

SALPY AKARAGIAN

Phone

8186677256

Tax Period

2022-07-01 to 2023-06-30

ARMENIAN AMERICAN NURSES ASSOCIATION, founded in 2000, is a micro nonprofit in the Health Care sector that reported $8K in total revenue in fiscal year 2022. Revenue surged 47418% from the prior year, signaling strong growth momentum. Expenses of $11K exceeded revenue, resulting in a 40% operating deficit.

Mission

We are a professional organization of Armenian Nurses in Los Angeles who are dedicated to serving the Armenian community in the United States and Armenia.

Program Service Accomplishments

Program 1

Expenses: $11,287 Revenue: $8,078

PROVIDE NURSING EDUCATION AND SERVICES TO THE COMMUNITY AND IN ARMENIA.

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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 (2022)

Revenue Breakdown

Contributions & Grants $8,078

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $8,078

Expense Breakdown

Grants Paid $4,150

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $11,287

Other Expenses $7,137

TOTAL EXPENSES $11,287

Year-over-Year Comparison

	2022	2021	Change
Revenue	$8,078	$17	+474.2%
Expenses	$11,287	$2,544	+3.4%
Net Income	$-3,209	$-2,527	+0.3%

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
HOURI TANASHIAN	PRESIDENT-ELECT	2.00	Director	$0	$0	$0
KOHAR KESIAN	Treasurer	4.00	Director	$0	$0	$0
ROSINE DER-TAVITIAN	REC. SECRETARY	2.00	Director	$0	$0	$0
SALPY AKARAGIAN	President	10.00	Officer Director	$0	$0	$0
ARMINEH HAYRAPETYAN	CORR. SECRETARY	2.00	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
2023	$8,078	$11,287	$10,108	$-3,209
2022	$17	$2,544	$13,317	$-2,527

ARMENIAN AMERICAN NURSES ASSOCIATION