Skip to main content

Nonprofit · EIN 11-3579187

CHILDREN OF ARMENIA FUND INC

Tax-exempt · NEW YORK, NY 10010

Financials

$14.4M$7.4M2023$14.3M$14.5M2024
Revenue Expenses · by fiscal year end
Financials of CHILDREN OF ARMENIA FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$14,287,520$14,504,288-$216,768$15,975,300$147,871$15,827,429
December 31, 2023990$14,397,861$7,379,463$7,018,398$16,440,882$156,316$16,284,566
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$14,057,054
Program service revenue
$0
Investment income
$275,246
Net income from fundraising events
-$44,780
Other revenue
-$44,780

Expenses

Grants and similar amounts paid
$13,404,975
Compensation of officers, directors and key employees
$0
Other salaries and wages
$455,913
Salaries, compensation and benefits (total)
$455,913
Professional fundraising fees
$0
Legal fees
$11,261
Accounting fees
$26,250
Travel
$13,156
Program services (functional)
$13,912,284
Management and general (functional)
$223,881
Fundraising (functional)
$368,123

Balance sheet and other

Total assets, start of year
$16,440,882
Total assets, end of year
$15,975,300
Total liabilities, end of year
$147,871
Net assets, end of year
$15,827,429
Publicly traded securities
$273,338
Net assets without donor restrictions
$15,827,429
Gross receipts
$14,690,404
Employees
0
Volunteers
14
Year formed
2000
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
GARO H ARMEN PHDChairman
Trustee or director, Officer
5$0
DR ALICE SARAYDARIANSECRETARY/TREAS
Trustee or director, Officer
4$0
JOHN SARAYDARIANDirector
Trustee or director
1$0
JACQUELINE VARTANIANDirector
Trustee or director
1$0
NATASHA AVANESSIANSDirector
Trustee or director
1$0
KHALIL BARRAGEDirector
Trustee or director
1$0
GREGORY EKIZIANDirector
Trustee or director
1$0
DEBBIE OHANIANDirector
Trustee or director
1$0
MARY PENDERGASTDirector
Trustee or director
1$0
SHAKE NAHAPETIANDirector
Trustee or director
1$0
VAHE NAHAPETIANDirector
Trustee or director
1$0
VAHE DOMBALAGIANDirector
Trustee or director
1$0
HASMIK DOMBALAGIANDirector
Trustee or director
1$0
PETER BALANKIANDirector
Trustee or director
1$0
DIRON JEBEJIANAUD. CHAIR/PRES
Trustee or director
1$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
GARO H ARMEN PHDChairman
Trustee or director, Officer
5$0
DR ALICE SARAYDARIANSECRETARY/TREAS
Trustee or director, Officer
4$0
JOHN SARAYDARIANDirector
Trustee or director
1$0
JACQUELINE VARTANIANDirector
Trustee or director
1$0
NATASHA AVANESSIANSDirector
Trustee or director
1$0
KHALIL BARRAGEDirector
Trustee or director
1$0
GREGORY EKIZIANDirector
Trustee or director
1$0
DEBBIE OHANIANDirector
Trustee or director
1$0
MARY PENDERGASTDirector
Trustee or director
1$0
SHAKE NAHAPETIANDirector
Trustee or director
1$0
VAHE NAHAPETIANDirector
Trustee or director
1$0
VAHE DOMBALAGIANDirector
Trustee or director
1$0
HASMIK DOMBALAGIANDirector
Trustee or director
1$0
PETER BALANKIANDirector
Trustee or director
1$0
DIRON JEBEJIANAUD. CHAIR/PRES
Trustee or director
1$0

Address and contacts

Address (IRS master file)
149 5TH AVE RM 500, NEW YORK, NY 10010-6826
In care of
% CORVINO
Principal officer (990 for 2024)
GARO H ARMEN PHD, 149 5TH AVENUE - SUITE 500, NEW YORK, NY 10010
Signed the 990
GARO H ARMEN, Chairman
Phone
(212) 994-8234
Return prepared by
RJSACCO & COMPANY LLP

Mission

COAFs goal is to empower the younger generation of Armenians living in the country's impoverished and neglected rural villages.While COAF's work is all-encompassing, the emphasis is on education. The organizations work combines infrastructure projects schools, medical clinics, health posts, community centers, athletic facilities with world class educational, socioeconomic, health care, and community programs. The objective is to enable young Armenians to define and build their own future with guidance provided by COAF.

990 for the year ended December 31, 2024

Program accomplishments

  • Since 2004, the Children of Armenia Fund (COAF) has improved living conditions in Armenias underserved rural areas, including educational and social advancements in 60+ communities across 6 regions, making a lasting impact on the lives of 107,000+ Armenians. Revitalizing Armenia begins with strengthening education and broadening the opportunities of the nations children, ensuring a forward-thinking, globally competitive citizenry. This understanding propelled the creation of the COAF SMART initiative, a comprehensive and replicable educational model. In 2018, COAF inaugurated its flagship SMART Center in the Lori region. An innovative educational facility, the SMART Center offers 2,000+ rural children and youth from 28 communities access to essential educational resources and after-school programs. In 2021, we expanded our focus. Forming unprecedented institutional, private sector, and NGO partnerships, we took significant strides to further our programmatic work throughout Armenia. The opening of our Child and Family Services Center in Hatsik village marked a new era of our approach to rural health. We extended our network of SMART initiatives in the Lori region with new SMART Village infrastructure, designed to spur social and economic progress in 27 rural communities. During our "Home Is Calling" virtual gala, we garnered record-setting support to build SMART Centers across Armenia, starting with the Armavir Smart Center, with construction beginning in 2022. COAF supporters reached out from across the globe to offer their talents and resources to the rural Armenian community, ensuring continued advancement for Armenia's children during even these difficult times. As we look ahead, our commitment to Armenia remains steadfast and strengthened by that of our community.
    Expenses $13,912,284 · grants $13,408,975 · revenue $14,057,054

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
11-3579187
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$15,975,300
Income (IRS master file)
$14,690,404

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$14,287,520$14,504,288$15,975,300XML
990December 2023$14,397,861$7,379,463$16,440,882XML
990December 2022$5,432,074$8,356,264$10,215,331IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-3579187).

Questions about CHILDREN OF ARMENIA FUND INC

What is the EIN of CHILDREN OF ARMENIA FUND INC?
The employer identification number (EIN) of CHILDREN OF ARMENIA FUND INC is 11-3579187.
Is CHILDREN OF ARMENIA FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to CHILDREN OF ARMENIA FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CHILDREN OF ARMENIA FUND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CHILDREN OF ARMENIA FUND INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHILDREN OF ARMENIA FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CHILDREN OF ARMENIA FUND INC?
The 990 for the year ended December 31, 2024 names GARO H ARMEN PHD.
Who are the officers and directors of CHILDREN OF ARMENIA FUND INC?
The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
How much revenue does CHILDREN OF ARMENIA FUND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $14,287,520, expenses of $14,504,288 and total assets of $15,975,300 at year end.

Other nonprofits in NEW YORK

All nonprofits in NEW YORK · New York · International, foreign affairs and national security