ARMENIAN ASSEMBLY OF AMERICA INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$5,746,424
Contributions
73%
Other
15%
Investments
6%
Membership Dues
4%
Program Services
2%
Fundraising Events
<1%
Government Grants
0%
Expenses in 2024
$5,051,309
Salaries & Benefits
56%
Offices, Occupancy & IT
13%
Fees to Service Providers
12%
Other
9%
Grants
5%
Depreciation
2%
Interest
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$4,113,687
$4,184,175
+2%
Government Grants
$0
$0
-
Fundraising Events
$5,500
$14,935
+172%
Program Services
$65,197
$108,809
+67%
Membership Dues
$248,148
$224,592
-9%
Investments
$289,298
$340,501
+18%
Other
$353,635
$873,412
+147%
Total Revenues
$5,075,465
$5,746,424
+13%
Expenses
2023
2024
Change
Grants
$350,169
$267,799
-24%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,483,241
$2,843,118
+14%
Fees to Service Providers
$458,949
$614,198
+34%
Advertising & Promotion
$3,474
$7,157
+106%
Offices, Occupancy & IT
$899,510
$662,763
-26%
Interest
$144,654
$112,324
-22%
Depreciation
$99,339
$113,162
+14%
Other
$290,586
$430,788
+48%
Total Expenses
$4,729,922
$5,051,309
+7%
Net income
2023
2024
Change
Net income
+$345,543
+$695,115
+101%
Functional Expenses
Summary
2023
2024
Change
Program
$4,408,598
$4,569,761
+4%
Admin
$237,396
$389,307
+64%
Fundraising
$83,928
$92,241
+10%
Total Expenses
$4,729,922
$5,051,309
+7%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)