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.
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

Charts

Compensation % of Expenses Paid to Title
$134,751 2.72% Garnik Nanagoulian Executive Director

Mission

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
Fund for Armenian Relief (NY) 92.82
One Heart Worldwide (CA) 91.45
African Vision of Hope (IL) 89.24
Hands Together (MA) 87.90
Canvasback Missions, Inc. (CA) 93.32

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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

Daniel Findikyan
Chairman

CEO

Garnik A. Nanagoulian
Executive Director