National Association for Armenian Studies and Research Inc

What it reported doing in 2024

Founded in 1955, the National Association for Armenian Studies and Research (NAASR) is an independent non-profit membership organization, and one of the world's leading Armenian Studies centers and research libraries on Armenian and related subjects. NAASR advances Armenian Studies through research and scholarship, offers high-quality educational public programming, and supports and connects scholars of Armenian Studies worldwide with each other and a broad general public.NAASR's Mardigian Library is used primarily by scholars and independent researchers (whether in person or remotely requesting scanned materials or references), university students, high school students, and the general public. The entire library's collections are available free of charge for research and reference purposes, or simply for browsing, and receives on average 100-150 requests/visits per year. Since the library catalog is fully accessible online, requests come from around the world.The library holds more than 38,000 books and holdings dating to the 1600s, and periodicals dating to the 1800s. Materials in the collection are primarily written in Armenian and English, but important publications in Turkish, Farsi, Russian, French, German, Arabic and other languages are also represented. Through the years, numerous significant and valuable collections have been donated to NAASR including special collections, personal archives and papers from over 25 prominent scholars, genocide survivors, religious figures, and early immigrants to the U.S.In 2024, NAASR hosted and sponsored over 60 events, including 8 major conferences and symposia at venues such as Harvard, UCLA, the University of Paris, and the Armenian Genocide Museum-Institute in Yerevan.NAASR's programs reach a growing global audience through live-streamed and hybrid formats, with over 21,000 views on YouTube in 2024.NAASR is home to the largest English-language bookstore on Armenian topics, offering over 2,000 titles for in-person or online shoppers.NAASR supports scholars worldwide through research and assistance. In 2024, more than 40 grants were approved for support by NAASR and the Knights of Vartan Fund for Armenian Studies.NAASR's members include scholars, students, researchers, and members of the general public. NAASR collaborates with a myriad of non-profit organizations and universities throughout the world.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 71%; rating input score 71
• Fundraising efficiency: $7.39 raised per $1 spent on fundraising; rating input score 28; 28th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.8%; rating input score 94; 24th percentile among comparable filings
• Pay-setting controls: Limited
• 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: 70.3%; rating input score 70; 32nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 4 of 8 controls in place; rating input score 50
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Fail
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -22.5%; rating input score 8; 8th percentile among comparable filings
• Total-asset coverage ratio: 11.43; rating input score 93; 93rd percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 78; 78th percentile among comparable filings
• Officer compensation ratio: 10%; rating input score 37; 37th percentile among comparable filings

Growth

• Program expense growth: 7.5% per year; rating input score 100; 53rd percentile among comparable filings
• Revenue growth: 6.8% per year; rating input score 100; 54th percentile among comparable filings
• Asset growth: 10.9% per year; rating input score 100; 62nd percentile among comparable filings