Armenian Professional Society Scholarship Fund is located in Glendale, CA. The organization was established in 1968. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Armenian Professional Society Scholarship Fund 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 12/2021, Armenian Professional Society Scholarship Fund generated $50.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $27.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS TO DESERVING AND NEEDY STUDENTS AND ORGANIZATIONS WORKING ON POST UNDERGRADUATE DEGREES AND PROJECTS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Stephanie Mkhilian Vice Preside | 0 | $0 | |
| Talar Alexanian President | 0 | $0 | |
| Shooshan Zargaryan Treasurer | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,500 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $9,107 | 
| Gain or Loss | $24,199 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $50,806 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $0 | 
| Professional fees and other payments to independent contractors | $4,699 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $0 | 
| Total expenses | $27,199 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $329,954 | 
| Other assets | $0 | 
| Total assets | $329,954 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $329,954 |