2025-07-23T13:37:24-05:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 18500 VON KARMAN AVE 10TH FLOOR IRVINE CA 92612 990 2024-01-01 472833171 FRIENDS OF TEACH FOR ARMENIA INCORPORATED FRIE 3109889824 101 GROVERTON PLACE LOS ANGELES CA 90077 LARISA HOVANNISIAN CHAIR/PRESIDENT 3109889824 2025-07-09 1 0 BRIAN YACKER P00401346 9492222999 2025-07-09 2024 2025-03-06 01:10:19Z LARISA HOVANNISIAN 101 GROVERTON PLACE LOS ANGELES CA 90077 1438415 0 X WWW.FRIENDSOFTEACHFORARMENIA.ORG X 2013 CA AIMS TO RAISE FUNDS TO IMPROVE EDUCATIONAL OUTCOMES FOR STUDENTS IN UNDERSERVED COMMUNITIES. 5 5 0 11 0 0 958493 1435415 0 0 0 0 0 -12608 958493 1422807 535888 863550 0 0 0 0 0 0 3903 192032 342780 727920 1206330 230573 216477 1580312 1262464 541388 7063 1038924 1255401 X TO ELIMINATE EDUCATIONAL INEQUITY, ESPECIALLY IN ARMENIA, BY WORKING WITH THE TEACH FOR ALL NETWORK TO RAISE FUNDS TO IMPROVE EDUCATIONAL OUTCOMES WITH POVERTY STRICKEN CHILDREN, RECRUITING AND TRAINING RECENT COLLEGE GRADUATES, AND LAUNCHING FUNDRAISING CAMPAIGNS TO FINANCE ALL OBJECTIVES ABOVE. 0 0 675251 543128 WE RAISE VITAL RESOURCES TO FUND INDIVIDUALS AND ORGANIZATIONS WHO ARE WORKING TO ADDRESS THE ROOT CAUSES OF EDUCATIONAL INEQUITY IN ARMENIA. 433684 268000 WE PARTNER WITH INDIVIDUALS AND ORGANIZATIONS TO ENABLE INNOVATIVE SOLUTIONS SO THAT ALL KIDS CAN HAVE ACCESS TO A GREAT EDUCATION. 57641 52422 WE BUILD AWARENESS AROUND THE ISSUE OF EDUCATIONAL INEQUITY IN ARMENIA THROUGH EVENTS, FORUMS, AND VOLUNTEER PROGRAMS. 1166576 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 CA NY CT NH NJ X THE ORGANIZATION 3109889824 101 GROVERTON PLACE LOS ANGELES CA 90077 X LARISA HOVANNISIAN CHAIR/PRESIDENT 5.00 X X 0 0 0 ANDY TOROSYAN CFO 5.00 X X 0 0 0 SUREN SEROPIAN SECRETARY 5.00 X X 0 0 0 SYLVA SIMONIAN DIRECTOR 5.00 X 0 0 0 CAROL ASLANIAN DIRECTOR 5.00 X 0 0 0 0 0 0 0 0 0 0 0 25551 1409864 1435415 3000 25551 15608 -12608 -12608 1422807 0 0 -12608 X 863550 863550 13243 13243 9949 9949 238459 227757 8026 2676 3392 3246 119 27 9871 9082 592 197 3902 3814 66 22 DUES & SUBSCRIPTIONS 43903 40391 2634 878 OUTREACH 20061 18736 1222 103 1206330 1166576 35851 3903 1580312 1262464 1580312 1262464 541388 7063 541388 7063 X 0 0 0 0 1038924 1255401 1038924 1255401 1580312 1262464 216477 0 X 0 0 0 X 320294 597683 560929 958493 1435415 3872814 320294 597683 560929 958493 1435415 3872814 1626084 2246730 3872814 0.58010 0.58190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 RUSSIA AND NEIGHBORING STATES 0 0 GRANTMAKING 863550 0 0 0 0 0 0 863550 0 863550 RUSSIA AND NEIGHBORING STATES GENERAL OPERATING SUPPORT 863550 WIRE 0 1 0 0 0 0 0 0 0 PART I, LINE 2: TEACH FOR ARMENIA PROPOSES A TRANSFER OF FUNDS TO THE FRIENDS OF TEACH FOR ARMENIA BOARD FOR A SPECIFIC PROGRAM AND INITIATIVE. UPON RECEIVING THE BOARD'S APPROVAL, THE FRIENDS OF TEACH FOR ARMENIA COUNSEL DRAFTS A GIFT AGREEMENT THAT IS SIGNED BY BOTH PARTIES. THE GIFT AGREEMENT STIPULATES REPORTING THAT SHOULD BE SUBMITTED BY TEACH FOR ARMENIA TO FRIENDS OF TEACH FOR ARMENIA THAT DOCUMENTS THE SPENDING AND IMPACT. US TOUR 28551 25551 3000 5601 10007 28551 25551 3000 5601 10007 15608 -12608 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS FIRST REVIEWED BY THE PRESIDENT. AFTER THE REVIEW, FORM 990 IS THEN PRESENTED TO THE BOARD AT A MEETING TO SEEK ANY INPUT. AFTER HAVING RECEIVED FEEDBACK FROM THE BOARD, THE PRESIDENT THEN CONSULTS WITH THE ACCOUNTANT AND BOOKKEEPER TO MAKE ANY NECESSARY CHANGES. ONCE THIS PROCESS IS COMPLETE, THE BOARD VOTES BY MAJORITY TO SUBMIT FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD CONSULTS THE CONFLICT OF INTEREST POLICY IN SITUATIONS WHERE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST MAY EXIST. FURTHER, IN LINE WITH ARTICLE VII OF THE CONFLICT OF INTEREST POLICY, THE BOARD IMPLEMENTS PERIOD REVIEW OF THE POLICY FOR COMPENSATION ARRANGEMENTS AND THIRD-PARTY ARRANGEMENTS CONFORM TO THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G HUMAN RESOURCES: PROGRAM SERVICE EXPENSES 4,032. MANAGEMENT AND GENERAL EXPENSES 263. FUNDRAISING EXPENSES 88. TOTAL EXPENSES 4,383. CONSULTING: PROGRAM SERVICE EXPENSES 223,725. MANAGEMENT AND GENERAL EXPENSES 7,763. FUNDRAISING EXPENSES 2,588. TOTAL EXPENSES 234,076.