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International : Development and Relief Services

Children of Armenia Fund

Working to secure a future for children in Armenia

four stars

92.35

149 Fifth Avenue Suite 500
New York, NY 10010
tel: (212) 994-8234   Web Site
EIN: 11-3579187

Board Leadership
Garo H. Armen
Founder and Chairman

CEO
Inessa Grigoryan
Acting Executive Director

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 92.35 four stars
  Financial 89.95 three stars
  Accountability & Transparency 96.00 four stars
This rating was published 09/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Why isn't this based on more recent data?

The Children of Armenia Fund (COAF) is a non-profit organization that uses community-led approaches aimed at improving the quality of life in rural Armenia, with a particular focus on children and youth. We work to ensure the development of healthy, educated, socially responsible and economically viable villagers and rural communities. In just 12 years, COAF has raised over $25 million dollars and implemented programs in more than 44 villages.

The Children of Armenia Fund (COAF) is a non-profit organization that uses community-led approaches aimed at improving the quality of life in rural Armenia, with a particular focus on children and youth. We work to ensure the development of healthy, educated, socially responsible and economically viable villagers and rural communities. In just 12 years, COAF has raised over $25 million dollars and implemented programs in more than 44 villages.

Impact Information

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Financial

three stars

89.95

Accountability & Transparency

four stars

96.00

This rating was published 09/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 76.1%
  Administrative Expenses 11.6%
  Fundraising Expenses 12.1%
  Fundraising Efficiency $0.13
  Working Capital Ratio (years) 0.93
  Program Expenses Growth 34.1%
  Liabilities to Assets 2.2%
All data for Financial Performance Metrics calculations was provided by Children of Armenia Fund on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Children of Armenia Fund on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
Children of Armenia Fund (NY) 92.35 four stars
Unbound (KS) 91.05 four stars
VisionTrust International (CO) 87.16 three stars
The Global Orphan Project (MO) 90.53 four stars
Help the Helpless (MN) 94.74 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $352,966
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $3,746,791
   Related Organizations $0
   Government Grants $0
Total Contributions $4,099,757
   Program Service Revenue $0
Total Primary Revenue $4,099,757
   Other Revenue $3,383
TOTAL REVENUE $4,103,140
   
EXPENSES  
   Program Expenses $3,794,876
   Administrative Expenses $347,373
   Fundraising Expenses $659,989
TOTAL FUNCTIONAL EXPENSES $4,802,238
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-699,098
   
Net Assets $3,739,645

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History
Children of Armenia Fund has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-12 09/01/2018 92.35 four stars
2016-12 03/01/2018 90.66 four stars
2015-12 07/01/2017 91.81 four stars
2014-12 03/01/2017 87.52 three stars
2014-12 02/01/2017 87.20 three stars
2014-12 06/01/2016 86.30 three stars
 
CN 2.0
2013-12 07/01/2015 86.10 three stars
2012-12 06/01/2014 88.73 three stars
2011-12 07/01/2013 89.08 three stars
2010-12 09/01/2012 83.68 three stars
2010-12 05/01/2012 81.81 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 11-3579187
Name in IRS Master File CHILDREN OF ARMENIA FUND INC
NTEE Code Q30
NTEE Classification International Development, Relief Services
NTEE Type International, Foreign Affairs and National Security
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date September, 2002
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
Not compensated -- Garo H. Armen Founder, Chairman

Highly Rated

Charity Name & State Overall Score Overall Rating
Children of Armenia Fund (NY) 92.35 four stars
United Palestinian Appeal (DC) 96.46 four stars
Children's Shelter of Cebu (MN) 90.12 four stars
Love A Child, Inc. (FL) 94.28 four stars
Handicap International, dba Humanity & Inclusion (MD) 89.18 three stars

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Charity Contact Info

Children of Armenia Fund
149 Fifth Avenue
Suite 500
New York, NY 10010
tel: (212) 994-8234
fax: (212) 994-8299
EIN: 11-3579187

Visit Web Site

Board Leadership

Garo H. Armen
Founder and Chairman

CEO

Inessa Grigoryan
Acting Executive Director

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