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International : Development and Relief Services

Fund for Armenian Relief

Honor the past, empower the present, ensure the future

three stars

89.39

630 Second Avenue New York, NY 10016
tel: (212) 889-5150   Web Site
EIN: 13-3706646

Board Leadership
Randy Sapah-Gulian
Chairman

CEO
Garnik A. Nanagoulian
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 89.39 three stars
  Financial 100.00 four stars
  Accountability & Transparency 85.00 three stars
This rating was published 04/01/2018 and includes data from FY2016, the most recent 990 received at that time.

The Fund for Armenian Relief (FAR) was founded in 1988 in response to a devastating earthquake. FAR provides short-term emergency relief and implements long-term programs for the economic growth and social development of Armenia. It helps the most vulnerable segments of the population - children and the elderly - and prepares the youth and professionals to drive the country's new democratic state. FAR implements a wide range of programs in Armenia and Karabagh: from emergency relief to construction to education, medical aid, and economic development. Since its inception, FAR has channeled more than $265 million in humanitarian assistance to Armenia.

The Fund for Armenian Relief (FAR) was founded in 1988 in response to a devastating earthquake. FAR provides short-term emergency relief and implements long-term programs for the economic growth and social development of Armenia. It helps the most vulnerable segments of the population - children and the elderly - and prepares the youth and professionals to drive the country's new democratic state. FAR implements a wide range of programs in Armenia and Karabagh: from emergency relief to construction to education, medical aid, and economic development. Since its inception, FAR has channeled more than $265 million in humanitarian assistance to Armenia.

Financial

four stars

100.00

Accountability & Transparency

three stars

85.00

This rating was published 04/01/2018 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
87.0%
  Administrative Expenses 10.4%
  Fundraising Expenses 2.4%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 2.29
  Program Expenses Growth 12.8%
  Liabilities to Assets 0.7%
All data for Financial Performance Metrics calculations was provided by Fund for Armenian Relief on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Fund for Armenian Relief on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Fund for Armenian Relief (NY) 89.39 three stars
Indian Muslim Relief and Charities (CA) 94.74 four stars
Himalayan Cataract Project (VT) 92.02 four stars
Concern Worldwide US, Inc. (NY) 89.18 three stars
Central Asia Institute (MT) 87.06 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,577,806
   Federated Campaigns $275,000
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $4,852,806
   Program Service Revenue $56,770
Total Primary Revenue $4,909,576
   Other Revenue $269,009
TOTAL REVENUE $5,178,585
   
EXPENSES  
   Program Expenses $4,055,681
   Administrative Expenses $430,248
   Fundraising Expenses $188,762
TOTAL FUNCTIONAL EXPENSES $4,674,691
   
Payments to Affiliates $0
Excess (or Deficit) for the year $503,894
   
Net Assets $14,074,967

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.

Program Name Amount Spent % of Program Expenses
Humanitarian Aid $1,388,471 34.2%
Social and Educational Programs $1,053,335 26.0%
Agriculture and Economic Development $1,410,194 34.8%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-12 04/01/2018 89.39 three stars
2015-12 02/01/2017 89.39 three stars
2014-12 06/01/2016 89.39 three stars
 
CN 2.0
2014-12 02/01/2016 89.35 three stars
2013-12 06/01/2015 85.46 three stars
2012-12 12/20/2013 86.51 three stars
2011-12 03/01/2013 80.84 three stars
2010-12 04/01/2012 81.06 three stars
2009-12 09/20/2011 80.85 three stars
 
CN 1.0
2009-12 02/01/2011 75.26 two stars
2008-12 05/01/2010 78.65 two stars
2007-12 12/17/2008 88.12 three stars
2006-12 02/01/2008 93.06 four stars
2005-12 02/01/2007 93.21 four stars
2004-12 10/01/2005 76.65 two stars
2003-12 01/05/2005 63.09 one star
2002-12 06/01/2004 71.99 two stars
2001-12 02/05/2003 71.26 two 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 13-3706646
Name in IRS Master File FUND FOR ARMENIAN RELIEF 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 (910) Domestic organization with activities outside U.S.
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 August, 1993
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, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

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

Compensation % of Expenses Paid to Title
$140,331 3.00% Garnik Nanagoulian Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Fund for Armenian Relief (NY) 89.39 three stars
World Pediatric Project (VA) 85.77 three stars
Helping Children Worldwide (VA) 86.86 three stars
Spirit of America (VA) 93.92 four stars
Mercy Ships (TX) 93.50 four stars

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Charity Contact Info

Fund for Armenian Relief
630 Second Avenue
New York, NY 10016
tel: (212) 889-5150
fax: (212) 889-4849
EIN: 13-3706646

Visit Web Site

Board Leadership

Randy Sapah-Gulian
Chairman

CEO

Garnik A. Nanagoulian
Executive Director

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