Society For Orphaned Armenian Relief
Society For Orphaned Armenian Relief consistently directs funds to programs with no reported officer compensation.
EIN: 204095458 · Wayne, PA · NTEE: T30 · Updated: 2026-03-28
Is Society For Orphaned Armenian Relief Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Society For Orphaned Armenian Relief directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Society For Orphaned Armenian Relief
Society For Orphaned Armenian Relief (EIN: 204095458) is a nonprofit organization based in Wayne, PA, classified under NTEE code T30. The organization reported total revenue of $1.1M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Society For Orphaned Armenian Relief's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Society For Orphaned Armenian Relief with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Society For Orphaned Armenian Relief allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for an organization of its size with over $1 million in annual revenue.
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.
Strengths
The following positive indicators were identified for Society For Orphaned Armenian Relief:
- Consistent 0% officer compensation reported across all filings, indicating high efficiency and dedication to mission.
- Strong program spending ratio, with expenses closely aligning with revenue, suggesting active use of funds for beneficiaries.
- Healthy and growing asset base ($1,281,573 in 2023) with very low liabilities ($8,145 in 2023), demonstrating financial stability.
- Consistent revenue generation, averaging over $1.5 million in recent years, indicating strong donor support.
- Positive net assets growth over time, from $199,983 in 2014 to $1,281,573 in 2023.
Frequently Asked Questions about Society For Orphaned Armenian Relief
Is Society For Orphaned Armenian Relief a legitimate charity?
Based on AI analysis of IRS 990 filings, Society For Orphaned Armenian Relief (EIN: 204095458) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Society For Orphaned Armenian Relief spend its money?
Society For Orphaned Armenian Relief directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Society For Orphaned Armenian Relief tax-deductible?
Society For Orphaned Armenian Relief is registered as a tax-exempt nonprofit (EIN: 204095458). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Society For Orphaned Armenian Relief a good charity?
Based on the provided data, SOAR appears to be a very good charity. They consistently spend a high percentage of their budget on programs, maintain healthy financials, and report 0% officer compensation, indicating strong financial stewardship and a clear focus on their mission.
How has SOAR's revenue trended over the last few years?
SOAR's revenue has fluctuated but remained strong, with recent figures showing $1,630,710 in 2023, $1,701,844 in 2022, and $1,877,574 in 2021. While there was a peak of $2,806,401 in 2016, the organization has consistently maintained over $1.5 million in revenue in most recent years.
What is SOAR's asset-to-liability ratio?
In 2023, SOAR had assets of $1,281,573 and liabilities of $8,145, resulting in a very strong asset-to-liability ratio of approximately 157:1, indicating excellent financial stability.
Filing History
IRS 990 filing history for Society For Orphaned Armenian Relief showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Society For Orphaned Armenian Relief's revenue has grown by 335.9%, moving from $374K to $1.6M. Total assets increased by 5809.1% over the same period, from $22K to $1.3M. Total functional expenses rose by 309.6%, from $365K to $1.5M. In its most recent filing year (2023), Society For Orphaned Armenian Relief reported a surplus of $138K, with revenue exceeding expenses. The organization holds $8K in liabilities against $1.3M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.5M | $1.3M | $8K | — | — |
| 2022 | $1.7M | $1.7M | $1.1M | $45K | — | View 990 |
| 2021 | $1.9M | $1.4M | $1.7M | $532 | — | View 990 |
| 2020 | $1.7M | $869K | $1.4M | $131K | — | — |
| 2019 | $1.6M | $1.6M | $604K | $143K | — | View 990 |
| 2018 | $1.4M | $1.4M | $492K | $11K | — | View 990 |
| 2017 | $1.9M | $2.0M | $471K | $12K | — | — |
| 2016 | $2.8M | $2.6M | $504K | $6K | — | View 990 |
| 2015 | $1.7M | $1.6M | $349K | $11K | — | View 990 |
| 2014 | $1.2M | $1.1M | $200K | $4K | — | View 990 |
| 2013 | $656K | $697K | $95K | $768 | — | View 990 |
| 2012 | $676K | $558K | $139K | $3K | — | View 990 |
| 2011 | $374K | $365K | $22K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.5M, and assets of $1.3M (revenue -4.2% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.7M, and assets of $1.1M (revenue -9.4% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.4M, and assets of $1.7M (revenue +11.6% year-over-year).
- 2020: Revenue of $1.7M, expenses of $869K, and assets of $1.4M (revenue +6.4% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.6M, and assets of $604K (revenue +11.2% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $492K (revenue -26.0% year-over-year).
- 2017: Revenue of $1.9M, expenses of $2.0M, and assets of $471K (revenue -31.5% year-over-year).
- 2016: Revenue of $2.8M, expenses of $2.6M, and assets of $504K (revenue +62.4% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.6M, and assets of $349K (revenue +40.2% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.1M, and assets of $200K (revenue +87.9% year-over-year).
- 2013: Revenue of $656K, expenses of $697K, and assets of $95K (revenue -3.0% year-over-year).
- 2012: Revenue of $676K, expenses of $558K, and assets of $139K (revenue +80.8% year-over-year).
- 2011: Revenue of $374K, expenses of $365K, and assets of $22K.
Data Sources and Methodology
This transparency report for Society For Orphaned Armenian Relief 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.