Nonprofit · EIN 11-3579187
CHILDREN OF ARMENIA FUND INC
Tax-exempt · NEW YORK, NY 10010
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $14,287,520 | $14,504,288 | -$216,768 | $15,975,300 | $147,871 | $15,827,429 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARO H ARMEN PHD | Chairman Trustee or director, Officer | 5 | $0 |
| DR ALICE SARAYDARIAN | SECRETARY/TREAS Trustee or director, Officer | 4 | $0 |
| JOHN SARAYDARIAN | Director Trustee or director | 1 | $0 |
| JACQUELINE VARTANIAN | Director Trustee or director | 1 | $0 |
| NATASHA AVANESSIANS | Director Trustee or director | 1 | $0 |
| KHALIL BARRAGE | Director Trustee or director | 1 | $0 |
| GREGORY EKIZIAN | Director Trustee or director | 1 | $0 |
| DEBBIE OHANIAN | Director Trustee or director | 1 | $0 |
| MARY PENDERGAST | Director Trustee or director | 1 | $0 |
| SHAKE NAHAPETIAN | Director Trustee or director | 1 | $0 |
| VAHE NAHAPETIAN | Director Trustee or director | 1 | $0 |
| VAHE DOMBALAGIAN | Director Trustee or director | 1 | $0 |
| HASMIK DOMBALAGIAN | Director Trustee or director | 1 | $0 |
| PETER BALANKIAN | Director Trustee or director | 1 | $0 |
| DIRON JEBEJIAN | AUD. CHAIR/PRES Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARO H ARMEN PHD | Chairman Trustee or director, Officer | 5 | $0 |
| DR ALICE SARAYDARIAN | SECRETARY/TREAS Trustee or director, Officer | 4 | $0 |
| JOHN SARAYDARIAN | Director Trustee or director | 1 | $0 |
| JACQUELINE VARTANIAN | Director Trustee or director | 1 | $0 |
| NATASHA AVANESSIANS | Director Trustee or director | 1 | $0 |
| KHALIL BARRAGE | Director Trustee or director | 1 | $0 |
| GREGORY EKIZIAN | Director Trustee or director | 1 | $0 |
| DEBBIE OHANIAN | Director Trustee or director | 1 | $0 |
| MARY PENDERGAST | Director Trustee or director | 1 | $0 |
| SHAKE NAHAPETIAN | Director Trustee or director | 1 | $0 |
| VAHE NAHAPETIAN | Director Trustee or director | 1 | $0 |
| VAHE DOMBALAGIAN | Director Trustee or director | 1 | $0 |
| HASMIK DOMBALAGIAN | Director Trustee or director | 1 | $0 |
| PETER BALANKIAN | Director Trustee or director | 1 | $0 |
| DIRON JEBEJIAN | AUD. 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
- Website
- WWW.COAF.ORG
- 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
- Category (NTEE)
- International, foreign affairs and national security (Q30)
- Assets (IRS master file)
- $15,975,300
- Income (IRS master file)
- $14,690,404
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $14,287,520 | $14,504,288 | $15,975,300 | XML |
| 990 | December 2023 | $14,397,861 | $7,379,463 | $16,440,882 | XML |
| 990 | December 2022 | $5,432,074 | $8,356,264 | $10,215,331 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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.
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