Children Of Armenia Fund Inc
Children Of Armenia Fund Inc shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 113579187 · New York, NY · NTEE: Q30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.7M |
| Total Expenses | $7.4M |
| Program Spending | 85% |
| Net Assets | $16.3M |
| Transparency Score | 90/100 |
Is Children Of Armenia Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Children Of Armenia Fund Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Children Of Armenia Fund Inc
Children Of Armenia Fund Inc (EIN: 113579187) is a nonprofit organization based in New York, NY, classified under NTEE code Q30. The organization reported total revenue of $14.7M and total assets of $16.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Children Of Armenia Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Children Of Armenia Fund Inc is a large nonprofit that has been operating for 24 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 16.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.4M |
| Total Expenses | $7.4M |
| Surplus / Deficit | +$7.0M |
| Total Assets | $16.4M |
| Total Liabilities | $156K |
| Net Assets | $16.3M |
| Operating Margin | 48.7% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 26.7 months |
Financial Health Grade: A
In 2023, Children Of Armenia Fund Inc reported a surplus of $7.0M with revenue exceeding expenses, holds 26.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Children Of Armenia Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +165.1% | -11.7% | +60.9% |
| 2022 | -46.8% | +55.0% | -26.4% |
| 2021 | +37.3% | +11.6% | +48.8% |
| 2020 | +29.4% | +40.6% | +35.9% |
| 2019 | +17.2% | -14.4% | +53.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Children Of Armenia Fund Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Children Of Armenia Fund Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size and suggests a strong commitment to directing funds to programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Children Of Armenia Fund Inc's IRS 990 filings:
- Significant revenue fluctuation in 2022 ($5.4M) compared to 2021 ($10.2M) and 2023 ($14.4M) without immediate explanation in the provided data.
Strengths
The following positive indicators were identified for Children Of Armenia Fund Inc:
- Consistent reporting of 0% officer compensation, indicating high dedication to mission spending.
- Strong revenue growth from $2.6M in 2014 to $14.4M in 2023.
- Significant asset accumulation, growing from $4.7M in 2014 to $16.4M in 2023.
- Healthy financial position with assets significantly exceeding liabilities across all reported periods.
- Expenses in 2023 ($7.3M) were well below revenue ($14.4M), indicating efficient financial management.
Frequently Asked Questions about Children Of Armenia Fund Inc
Is Children Of Armenia Fund Inc a legitimate charity?
Children Of Armenia Fund Inc (EIN: 113579187) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $14.7M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Children Of Armenia Fund Inc spend its money?
Children Of Armenia Fund Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Children Of Armenia Fund Inc tax-deductible?
Children Of Armenia Fund Inc is registered as a tax-exempt nonprofit (EIN: 113579187). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Children Of Armenia Fund Inc's spending goes to programs?
Children Of Armenia Fund Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Children Of Armenia Fund Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Children Of Armenia Fund Inc is above average for NTEE category Q30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Children Of Armenia Fund Inc located?
Children Of Armenia Fund Inc is headquartered in New York, New York and files with the IRS under EIN 113579187. It is classified under NTEE code Q30.
How many years of IRS 990 filings does Children Of Armenia Fund Inc have?
Children Of Armenia Fund Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $14.7M in total revenue.
Is Children Of Armenia Fund Inc a good charity?
Based on the available financial data, Children Of Armenia Fund Inc appears to be a good charity. It demonstrates strong financial health, significant asset growth, and a notable commitment to directing funds towards its mission by reporting 0% officer compensation.
How has COAF's revenue trended over the past few years?
COAF's revenue has shown significant growth, increasing from $2,684,470 in 2014 to $14,397,861 in 2023. While there was a dip in 2022 to $5,432,074 from $10,208,755 in 2021, the overall trend is strongly positive.
What is the organization's asset growth like?
The organization's assets have grown substantially, from $4,740,887 in 2014 to $16,440,882 in 2023, indicating strong financial accumulation and stability.
Filing History
IRS 990 filing history for Children Of Armenia Fund Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Children Of Armenia Fund Inc's revenue has grown by 603.6%, moving from $2.0M to $14.4M. Total assets increased by 447.8% over the same period, from $3.0M to $16.4M. Total functional expenses rose by 389.2%, from $1.5M to $7.4M. In its most recent filing year (2023), Children Of Armenia Fund Inc reported a surplus of $7.0M, with revenue exceeding expenses. The organization holds $156K in liabilities against $16.4M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $16.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.4M | $7.4M | $16.4M | $156K | — | — |
| 2022 | $5.4M | $8.4M | $10.2M | $158K | — | View 990 |
| 2021 | $10.2M | $5.4M | $13.9M | $216K | — | View 990 |
| 2020 | $7.4M | $4.8M | $9.3M | $185K | — | — |
| 2019 | $5.7M | $3.4M | $6.9M | $31K | — | View 990 |
| 2018 | $4.9M | $4.0M | $4.5M | $90K | — | View 990 |
| 2017 | $4.1M | $4.8M | $3.8M | $85K | — | View 990 |
| 2016 | $3.4M | $4.6M | $4.5M | $132K | — | View 990 |
| 2015 | $3.5M | $2.5M | $5.5M | $96K | — | View 990 |
| 2014 | $2.7M | $2.2M | $4.7M | $198K | — | View 990 |
| 2013 | $3.3M | $1.3M | $4.0M | $122K | — | View 990 |
| 2012 | $1.3M | $1.8M | $2.1M | $141K | — | View 990 |
| 2011 | $1.5M | $1.9M | $2.5M | $162K | — | View 990 |
| 2010 | $2.0M | $1.5M | $3.0M | $71K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.4M, expenses of $7.4M, and assets of $16.4M (revenue +165.1% year-over-year).
- 2022: Revenue of $5.4M, expenses of $8.4M, and assets of $10.2M (revenue -46.8% year-over-year).
- 2021: Revenue of $10.2M, expenses of $5.4M, and assets of $13.9M (revenue +37.3% year-over-year).
- 2020: Revenue of $7.4M, expenses of $4.8M, and assets of $9.3M (revenue +29.4% year-over-year).
- 2019: Revenue of $5.7M, expenses of $3.4M, and assets of $6.9M (revenue +17.2% year-over-year).
- 2018: Revenue of $4.9M, expenses of $4.0M, and assets of $4.5M (revenue +19.4% year-over-year).
- 2017: Revenue of $4.1M, expenses of $4.8M, and assets of $3.8M (revenue +19.8% year-over-year).
- 2016: Revenue of $3.4M, expenses of $4.6M, and assets of $4.5M (revenue -3.4% year-over-year).
- 2015: Revenue of $3.5M, expenses of $2.5M, and assets of $5.5M (revenue +32.0% year-over-year).
- 2014: Revenue of $2.7M, expenses of $2.2M, and assets of $4.7M (revenue -19.5% year-over-year).
- 2013: Revenue of $3.3M, expenses of $1.3M, and assets of $4.0M (revenue +151.1% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.8M, and assets of $2.1M (revenue -8.9% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.9M, and assets of $2.5M (revenue -28.7% year-over-year).
- 2010: Revenue of $2.0M, expenses of $1.5M, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Children Of Armenia Fund Inc:
Data Sources and Methodology
This transparency report for Children Of Armenia Fund Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.