One Armenia Inc
- Assets
- $17.4k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Miami Beach, FL
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-1085868
Organization Overview
One Armenia Inc is located in Miami Beach, FL. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. One Armenia Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, One Armenia Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 22.9% each year . All expenses for the organization totaled $2.0m during the year ending 12/2022. While expenses have increased by 32.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT JOB-CREATION IN ARMENIA VIA CROWDFUNDING FOR INNOVATIVE AND SUSTAINABLE PROJECTS FOCUSED ON AGRICULTURE, TOURISM, TECHNOLOGY AND LOCAL PRODUTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE'RE INSPIRED BY TOMORROW. FAST IS BUILDING AN ECOSYSTEM OF INNOVATION TO LEAD SCIENTISTS, TECHNOLOGISTS, AND INNOVATORS IN ARMENIA AND BEYOND TO SUCCESS ON THE GLOBAL STAGE. WITH A FOCUS ON ENTREPRENEURIAL ENDEAVORS, FAST EMPOWERS INNOVATORS TO BRING CUTTING-EDGE, COMMERCIALLY VIABLE, AND GLOBALLY COMPETITIVE SOLUTIONS TO LIFE. WE PARTNER WITH ACADEMIC, GOVERNMENTAL, AND NON-GOVERNMENTAL ORGANIZATIONS ALONGSIDE GLOBAL PLAYERS TO EXPLORE AND CREATE WHAT'S NEXT.
WEBSITE MAINTANENCE AND ORGANIZATIONAL EXPENSES
LOS ANGELES MISSION COLLEGE SERVES THE EDUCATIONAL NEEDS OF OUR NEIGHBORS IN THE SAN FERNANDO VALLEY. THROUGHOUT OUR 48-YEAR HISTORY, COMMUNITY SUPPORT AND INVOLVEMENT HAS BEEN ONE OF MISSION COLLEGE'S MOST VALUED RESOURCES. WE INVITE YOU TO BE PART OF MISSION COLLEGE!WE'RE LOCATED IN SYLMAR AND HAVE STRONG, HISTORICAL TIES TO OUR NEIGHBORING COMMUNITIES OF SAN FERNANDO, PACOIMA, MISSION HILLS, NORTH HILLS, PANORAMA CITY AND GRANADA HILLS. IN RECENT YEARS, OUR ENROLLMENT BASE HAS EXPANDED TO INCLUDE MANY OF THE COMMUNITIES THROUGHOUT THE GREATER SAN FERNANDO VALLEY, AS WELL AS CANYON COUNTRY AND SANTA CLARITA.
ARMENIAN WOUNDED HEROES FUND (AWHF) IS A 501(C)(3) NONPROFIT ORGANIZATION DEDICATED TO SERVING, SUPPORTING AND EMPOWERING ARMENIA'S WOUNDED SOLDIERS. THEIR PAST PROGRAMS INCLUDE FUNDING COMBAT CASUALTY CARE CAPABILITIES THROUGH ADVANCED FIRST-AID KITS AND TRAINING, UPGRADING FRONT-LINE INFRASTRUCTURE, AND PHYSICAL AND MENTAL REHAB FOR WOUNDED SOLDIERS. FOLLOWING THE END OF THE WAR, AWHF'S PRIORITIES ARE REHABILITATION AND REINTEGRATION OF WOUNDED SOLDIERS, WHILE ALSO REBUILDING KEY CAPABILITIES OF ARMENIA'S DEFENSE FORCES. AWHF IS CURRENTLY PROVIDING FINANCIAL SUPPORT TO SOLDIERS SEVERELY WOUNDED DURING THE WAR, AS WELL AS BREAKING GROUND ON A NEW REHABILITATION AND TRAINING CENTER IN YEREVAN FOR OUTPATIENT CARE, PROSTHETICS PRODUCTION AND PHYSICAL TRAINING FOR WOUNDED AND DISABLED SOLDIERS. AWHF IS ALSO DEVELOPING A SCHOLARSHIP AND VOCATIONAL TRAINING PROGRAM FOR SOLDIERS TO CONTINUE THEIR EDUCATION AND FIND WORK SO THAT THEY CAN REINTEGRATE INTO SOCIETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Sarkissian Director | OfficerTrustee | 0.5 | $149,573 |
Miran Sarkissian Director | OfficerTrustee | 0.5 | $1,000 |
Ani Sarkissian Director | OfficerTrustee | 0.5 | $32,009 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,616,095 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,616,095 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,616,095 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,719,450 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $182,582 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,098 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,008 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $325 |
| All other expenses | $2,204 |
| Total functional expenses | $2,014,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,870 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,370 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $17,370 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,370 |