funder logo

ARMENIAN CULTURAL ASSOCIATION OF AMERICA INC

ARMENIAN CULTURAL ASSOCIATION OF AMERICA INC

Watertown, MA, US
501(c)3
EIN
04-2552239
DAF Sponsor
Regional Funder
funder logo

ARMENIAN CULTURAL ASSOCIATION OF AMERICA INC

Watertown, MA, US
501(c)3
EIN
04-2552239
DAF Sponsor
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$1,740,615

Program Services
58%
Investments
18%
Contributions
14%
Other
9%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$1,606,841

Other
61%
Grants
15%
Salaries & Benefits
13%
Offices, Occupancy & IT
6%
Fees to Service Providers
4%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$344,668
$248,847
-28%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$775,703
$1,013,888
+31%
Membership Dues
$0
$0
-
Investments
$112,478
$316,316
+181%
Other
$97,426
$161,564
+66%
Total Revenues
$1,330,275
$1,740,615
+31%
Expenses
2023
2024
Change
Grants
$222,100
$241,376
+9%
Benefits to Members
$0
$0
-
Salaries & Benefits
$210,484
$209,765
0%
Fees to Service Providers
$36,549
$67,900
+86%
Advertising & Promotion
$168
$0
-100%
Offices, Occupancy & IT
$96,909
$101,468
+5%
Interest
$0
$0
-
Depreciation
$5,362
$5,301
-1%
Other
$821,095
$981,031
+19%
Total Expenses
$1,392,667
$1,606,841
+15%
Net income
2023
2024
Change
Net income
-$62,392
+$133,774
-314%
Functional Expenses
Summary
2023
2024
Change
Program
$702,032
$855,834
+22%
Admin
$187,291
$341,368
+82%
Fundraising
$503,344
$409,639
-19%
Total Expenses
$1,392,667
$1,606,841
+15%
Income Statement
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