Armenian Film Foundation

Nonprofit profile at a glance

EIN
953415629
IRS 990-EZ coverage
2010–2024
Forms available
Form 990 2014, Form 990-EZ 2024
Location
Palos Verdes Estates, CA, USA
Phone
3103781410
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Film, Video

Official website

Reported finances

Revenue
$118,309
Expenses
$105,520
Assets
$56,623
Liabilities
$32,725

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

Leadership & pay

14 people listed

People named in this filing

  • Gerald Papazian (Chairman)
  • Carla Garapedian (Treasurer)
  • Tamar Mashigian (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Produce and preserve educational films or Armenian history and culture

What it reported doing in 2024

Music Man Documentary - The documentary will chronicle the building of a Pipe Organ for St. Vartan's Cathedral in New York, New York and also tell the story of Edward Avedisian, including his achievements and his philanthropy.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% 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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 100
  • Sustainability: 48
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.9%; rating input score 60
  • Program expense ratio: 67.1%; rating input score 67

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 10.8%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 0.54; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0.58; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -5% per year; rating input score 0; 19th percentile among comparable filings
  • Revenue growth: -11.5% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -2.9% per year; rating input score 0; 20th percentile among comparable filings

Details

  • Where the money goes: 59.9% of revenue deployed · 67.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 5 filed program accomplishments · $71K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Operating margin scored 59/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.