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International : Development and Relief Services

Fund for Armenian Relief

Honor the past, empower the present, ensure the future

92.82

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

Board Leadership
Daniel Findikyan
Chairman

CEO
Garnik A. Nanagoulian
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 92.82
  Financial 93.75
  Accountability & Transparency 92.00
This rating was published 03/01/2021 and includes data from FY2019, 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

93.75

Accountability & Transparency

92.00

This rating was published 03/01/2021 and includes data from FY2019, 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)
86.3%
  Administrative Expenses 8.3%
  Fundraising Expenses 5.3%
  Fundraising Efficiency $0.04
  Working Capital Ratio (years) 3.03
  Program Expenses Growth 2.8%
  Liabilities to Assets 0.8%
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) 92.82
Life for Relief and Development (MI) 95.87
Crisis Aid International (MO) 100.00
Medicines for Humanity (MA) 85.38
Indian Muslim Relief and Charities (CA) 94.31

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,016,832
   Federated Campaigns $265,000
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $4,281,832
   Program Service Revenue $8,570
Total Primary Revenue $4,290,402
   Other Revenue $158,235
TOTAL REVENUE $4,448,637
   
EXPENSES  
   Program Expenses $4,400,755
   Administrative Expenses $358,664
   Fundraising Expenses $188,760
TOTAL FUNCTIONAL EXPENSES $4,948,179
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-499,542
   
Net Assets $17,616,761

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 Programs $1,875,991 42.6%
Social and Educational Programs $1,334,560 30.3%
Agriculture and Economic Development $1,072,889 24.4%

Ratings History
Fund for Armenian Relief has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 03/01/2021 92.82
2018-12 07/01/2020 90.94
2018-12 06/01/2020 89.48
2018-12 04/01/2020 87.25
2017-12 12/21/2018 88.89
2016-12 04/01/2018 89.39
2015-12 02/01/2017 89.39
2014-12 06/01/2016 89.39
 
CN 2.0
2014-12 02/01/2016 89.35
2013-12 06/01/2015 85.46
2012-12 12/20/2013 86.51
2011-12 03/01/2013 80.84
2010-12 04/01/2012 81.06
2009-12 09/20/2011 80.85
 
CN 1.0
2009-12 02/01/2011 75.26
2008-12 05/01/2010 78.65
2007-12 12/17/2008 88.12
2006-12 02/01/2008 93.06
2005-12 02/01/2007 93.21
2004-12 10/01/2005 76.65

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, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$134,751 2.72% Garnik Nanagoulian Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Fund for Armenian Relief (NY) 92.82
Miracle Foundation (TX) 98.06
Helen Keller International (NY) 89.34
Team Rubicon (CA) 96.46
Keep a Child Alive (NY) 92.98

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This charity has an official representative registered with Charity Navigator.

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

Daniel Findikyan
Chairman

CEO

Garnik A. Nanagoulian
Executive Director

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