Overview

Sign up for

Fiscal Year Start

Not available

Organization Type

Grantseeker

AI Summary

FRIENDS OF TEAM ARMENIA BASKETBALL is a nonprofit organization dedicated to building, enhancing, and sustaining an elite national basketball program that competes on a worldwide stage in FIBA, with a focus on developing national team players. With an operating budget of $396,000 and total revenue of $373,000 for the 2024 filing year, the organization relies on a diverse range of funding sources, with no single funder contributing 50% or more of its revenue. While specific geographic operations are not detailed, the mission emphasizes a commitment to Armenian basketball development.

Mission Statement

TO BUILD, ENHANCE, AND SUSTAIN AN AELITE NATIONAL BASKETBALL PROGRAM THAT WILL COMPETE ON A WORLDIDE STAGE IN FIBA HELPING DEVELOP NATIONAL TEAM PLAYERS
Revenues
$373K
Expenses
$396K
Net Income:
-$23K
Assets
$206.9K
Liabilities
$0
Net Assets:
+$206.9K
Operating Budget
$396K
Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants
5
Median grant size
$10K
Largest grant received
$100K
R
Rex Kalamian
Board Member

Frequently Asked Questions

What is FRIENDS OF TEAM ARMENIA BASKETBALL’s budget?
In 2024, FRIENDS OF TEAM ARMENIA BASKETBALL reported an annual operating budget of around $396 thousand. More detailed financial information is available to registered users.
What causes does FRIENDS OF TEAM ARMENIA BASKETBALL support?
FRIENDS OF TEAM ARMENIA BASKETBALL supports work in Basketball.
Where does FRIENDS OF TEAM ARMENIA BASKETBALL operate?
FRIENDS OF TEAM ARMENIA BASKETBALL is headquartered in Glendale, CA.
Who funded FRIENDS OF TEAM ARMENIA BASKETBALL recently?
In 2024, FRIENDS OF TEAM ARMENIA BASKETBALL received grants from THE ASBED B ZAKARIAN & MARGARET ZAKARIAN CHARITABLE FOUNDATION, JHM CHARITABLE FOUNDATION, and AMERICAN ENDOWMENT FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant FRIENDS OF TEAM ARMENIA BASKETBALL received in 2024?
The largest grant to FRIENDS OF TEAM ARMENIA BASKETBALL in 2024 exceeds $100 thousand.