Armenian Assembly of America Inc

Nonprofit profile at a glance

EIN
521614093
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Washington, DC, USA
Phone
2023933434
Rating
81
Verdict
STRONG
Rating confidence
Standard
Sector
International Development

Official website

Reported finances

Revenue
$5,746,424
Expenses
$5,051,309
Assets
$16,830,595
Liabilities
$2,492,513

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

24 people listed

Executive titles in this filing

  • CAROLYN MUGAR (PRESIDENT)
  • BRYAN ARDOUNY (EXECUTIVE DIRECTOR)
  • ROUBEN ADALIAN (EXECUTIVE DIRECTOR - ANI)
  • JEANMARIE PAPELIAN (EXECUTIVE DIRECTOR - ATP)

Highest reported compensation

  • BRYAN ARDOUNY (EXECUTIVE DIRECTOR): $220,399 total reported compensation
  • ROUBEN ADALIAN (EXECUTIVE DIRECTOR - ANI): $173,084 total reported compensation
  • MARY ELLEN GORDON (DIR OF FINANCE & ADMIN): $165,572 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The armenian assembly of america, inc. Is organized exclusively for charitable and educational purposes, including (without limitation): (1) providing aid, relief, and humanitarian assistance to alleviate human suffering in armenia and for armenians world-wide; and (2) educating the public about armenian culture, history, human rights, and other issues of concern to the armenian-american community.

What it reported doing in 2024

Western region operations - the western region office advocates and represents issues of concern to the California congressional delegation through the assembly's network and policy system. The office provides information from and to the assembly for u.s. Government, state, armenian, officials, international organizations and bodies, public policy makers, media and others as needed. The office also promotes and develops public and community relations with other armenian and non-armenian bodies.terjenian thomas internship program - this program gives students of armenian descent the opportunity to live and work in either Washington, dc or yerevan, armenia while gaining exposure to policy making organizations, research and think tank organizations, and ngos. Interns also meet with u.s. And armenian officials, participate in local activities, and enjoy sight-seeing trips to enhance their cultural awareness.research & analysis provide relevant and timely information services in the form of fact sheets, issue briefs and analytical reviews for the assembly, media, academia, and government agencies including the u.s. Department of state and congressional offices.

Operating model

Revenue model
Donor-supported. 85% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 94% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 68
  • Accountability: 86
  • Sustainability: 61
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.9%; rating input score 93
  • Program expense ratio: 90.5%; rating input score 90
  • Fundraising efficiency: $47.98 raised per $1 spent on fundraising; rating input score 78; 78th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 0 of 8 controls in place; rating input score 0
    • Claims monitoring procedures: Limited
    • Requires narrative reports: Limited
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Limited
    • Conducts site visits: Limited
    • Requires grant agreements: Limited
    • May require repayment: Limited
  • Grant itemization coverage: 99.6%; rating input score 100; 39th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 12.1%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 3.33; rating input score 76; 76th percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 51; 51st percentile among comparable filings
  • Officer compensation ratio: 18.9%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: 7% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: 6% per year; rating input score 100; 48th percentile among comparable filings
  • Asset growth: -3.1% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 92.9% of revenue deployed · 90.5% of spending went to programs
  • Governance: 17 of 17 board members independent · 6 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $4.6M in reported program spending
  • Leadership: top reported pay $220K · 24 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 37 of 38 current checks pass · 1 finding to review
  • Schedules: 10 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.
  • Review — Sustainability: Liabilities to assets ratio scored 51/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.