Quick charity verification for Armenian Church Endowment Fund Inc (EIN: 202821426)
Verdict: Armenian Church Endowment Fund Inc appears trustworthy
85/100Mission Score
$58.2MRevenue
$151.7MAssets
2Red Flags
3Strengths
Red Flags
Significant revenue volatility, including negative revenue in 2022, which could indicate high-risk investment strategies or market dependency.
Unusually consistent 0% officer compensation reported, which might obscure how leadership is compensated or indicate a lack of transparency in this specific area.
Strengths
Consistent and substantial asset growth, from $90,778,942 in 2015 to $146,847,942 in 2023, demonstrating strong financial management and stability.
Stable expense management, with annual expenses remaining within a narrow range despite revenue fluctuations, indicating fiscal discipline.
No reported officer compensation, which, if accurate, suggests a highly volunteer-driven leadership or efficient use of funds not directed towards executive salaries.
Spending Breakdown
How Armenian Church Endowment Fund Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Armenian Church Endowment Fund Inc
Is Armenian Church Endowment Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Armenian Church Endowment Fund Inc (EIN: 202821426) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Armenian Church Endowment Fund Inc a good charity to donate to?
Armenian Church Endowment Fund Inc has a Mission Score of 85/100. Revenue: $58.2M. Assets: $151.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Armenian Church Endowment Fund Inc?
The Employer Identification Number (EIN) for Armenian Church Endowment Fund Inc is 202821426. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Armenian Church Endowment Fund Inc spend its money?
Armenian Church Endowment Fund Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Armenian Church Endowment Fund Inc's tax-exempt status?
You can verify Armenian Church Endowment Fund Inc's tax-exempt status using EIN 202821426 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Armenian Church Endowment Fund Inc. demonstrates a generally stable financial position, with assets consistently growing over the past decade, reaching $146,847,942 in the latest filing. Revenue has fluctuated significantly, including a negative revenue of $-5,279,564 in 2022, which could indicate investment losses or significant asset revaluations. However, the organization consistently manages its expenses, which have remained relatively stable, ranging from $3,045,931 to $3,976,412 annually. The absence of reported officer compensation across all filings suggests a high degree of transparency regarding executive pay, or that compensation is handled through other means not reported in this section, which warrants further investigation. The NTEE code X90 (Religious Philanthropic & Voluntarism Promoting Organizations) suggests a focus on supporting religious and charitable activities, aligning with an endowment fund's purpose.