2023-11-14T13:50:33-08:00 2022-12-31 821853384 YSR CPA Group PC 2529 Foothill Blvd Suite 212 La Crescenta CA 91214 990 2022-01-01 952000503 ARMENIAN EDUCATIONAL FOUNDATION ARME 8182424152 600 W BROADWAY 130 Glendale CA 91204 VAHE HACOPIAN Treasurer 2023-11-14 true VAHE HACOPIAN 999009999 true EMIN SHAHBAZIAN P01761638 8183309752 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z VAHE HACOPIAN 600 W BROADWAY 130 Glendale CA 91204 2117571 false X https://aefweb.org/ X 1950 CA PROVIDING GRANTS THAT CONTRIBUTE TO THE GOALS OF ARMENIAN EDUCATION AND HERITAGE 16 16 2 0 1952008 1632896 0 142284 125850 36577 172040 2130869 1930786 913808 969209 0 78264 127838 0 0 1012491 588797 2004563 1685844 126306 244942 5680253 5376305 588310 521129 5091943 4855176 PROVIDING GRANTS THAT CONTRIBUTE TO THE GOALS OF ARMENIAN EDUCATION AND HERITAGE false false 1597765 969209 GRANT RECEIPIENTS ARE ORGANIZATIONS, SCHOOLS, CHURCHES AND INDIVIDUALS, THATINSEMINATE AND PROMOTE THE ARMENIAN HERITAGE, ITS RELIGIOUS BELEIFS, HISTORYAND LANGUAGE 1597765 true true false false false false false false true true true false false false true true true false false true true true false false true false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 2 true false true OC false false false false false 0 false false false false false false false X 16 16 false false false false false false false true true false false true false false false false false false CA X Vahe Hacopian 8182424152 600 W BROADWAY Glendale CA 91204 X AL CABRALOFF Member 2.00 0.00 X 0 0 0 MICHELLE SHRIKIAN Member 2.00 0.00 X 0 0 0 PETER BAGHDASSARIAN ESQ Member 2.00 0.00 X 0 0 0 TENY HAROUTUNIAN MD Asst Secretary 2.00 0.00 X X 0 0 0 VAHE HACOPIAN Treasurer 20.00 0.00 X X 0 0 0 HERMINEH PAKHANIANS Asst Treasurer 20.00 0.00 X X 0 0 0 ALEC BAGHDASARYAN Member 2.00 0.00 X 0 0 0 SEROP BEYLERIAN President 10.00 0.00 X X 0 0 0 HILDA FIDANIAN Member 2.00 0.00 X 0 0 0 ADRINE HAMAMAH Member 2.00 0.00 X 0 0 0 GEORGE ISSAIANS Vice President 2.00 0.00 X X 0 0 0 ARTHUR MANGASSARIAN Secretary 2.00 0.00 X X 0 0 0 SHEILA PAPAYANS Member 2.00 0.00 X 0 0 0 RAZMIK PERIAN Member 2.00 0.00 X 0 0 0 KEVORK SANTIKIAN Member 2.00 0.00 X 0 0 0 MELODY PETROSSIAN ESQ Member 2.00 0.00 X 0 0 0 0 false false false 0 2500 1630396 17323 1632896 0 123810 123810 0 0 0 165509 163469 2040 2040 2040 174300 2500 23316 150984 0 0 FOREIGN CURRENCY TRANSLATION 900099 20826 20826 OTHER REVENUE 900099 230 230 21056 1930786 146906 0 0 969209 969209 0 0 0 121283 103091 18192 0 0 6555 5572 983 0 0 31977 31977 0 0 0 3245 3245 0 28952 24609 4343 3983 3983 0 31440 26724 4716 0 0 0 0 0 98461 98461 3749 3749 DIRECT PROGRAM EXPENSE 351499 351499 BAD DEBT 18600 18600 MISCELLANEOUS 16891 16891 0 1685844 1597765 88079 0 170038 108123 1907114 2275837 20120 33156 0 0 0 13600 0 0 6579 0 297053 184200 209493 112853 3352109 2755632 0 0 0 1200 90704 5680253 5376305 42034 5270 514579 421629 24500 51 7197 94179 588310 521129 X 2269303 2386635 2822640 2468541 5091943 4855176 5680253 5376305 X 244942 -481709 X false true X true false X 447418 1088446 1945141 1952007 1632896 7065908 0 0 447418 1088446 1945141 1952007 1632896 7065908 0 7065908 117144 112354 153755 142284 125850 651387 0 0 7717295 0.91560 0.90500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 2169836 132383 -211585 150442 1940192 2080540 83650 162866 142421 14799 2169836 2049650 85500 75980 123665 6925 2080540 1796278 169300 233671 109593 20073 19933 2049650 1752175 167830 -14202 109525 1796278 0.49890 0.50110 false false false 297053 184200 112853 112853 LEASE LIABILITIES (CURRENT) 16779 LEASE LIABILITIES (NON CURRENT) 77400 94179 X 1449077 -481709 -481709 1930786 1930786 1685844 1685844 1685844 Part IV, Line 2b: Explanation of escrow account liability CUSTODIAL LIABILITIES ACCOUNT IS RELATED TO PASS THROUGH FUNDING FROM DONORS INTENDED FOR THE BUILDUP EDUCATIONAL FOUNDATION. Part V, Line 4: Intended uses of the endowment fund. THE INTENDED USES OF THE ENDOWMENT FUNDS ARE FOR THE SUPPORT OF PROVIDING FINANCIAL ASSITANCE TO ARMENIAN STUDENTS. Part X : FIN48 Footnote THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE FOUNDATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. INCOME GENERATED FROM ACTIVITIES UNRELATED TO THE FOUNDATION'S EXEMPT PURPOSE IS SUBJECT TO TAX UNDER IRC SECTION 511. THE FOUNDATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2022. THE FOUNDATION FOLLOWS THE PROVISION OF UNCERTAIN TAX POSITIONS AS ADDRESSED IN FASB ACCOUNTING STANDARDS CODIFICATION. THE FOUNDATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE INCOME TAX PROVISION, WHEN APPLICABLE. THERE ARE NO AMOUNTS ACCRUED IN THE FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2022. true ARMENIA 1 5 PROGRAM SERVICES SALARIES 53232 ARMENIA 0 0 PROGRAM SERVICES BANK CHARGES 3582 ARMENIA 0 0 OPERATIONAL EXPENSE 28524 ARMENIA 0 0 PROGRAM SERVICES OFFICE EXPENSE 6100 ARMENIA 0 0 PROGRAM EXPENSE OFFICE RENT 10505 1 5 1 5 101943 101943 MENA Anjar School Grant 22500 Wire MENA Antelias Seminary S 6800 Wire RU/ near states Advanced IT Trainin 140045 Wire RU/ near states Social Workers Trai 31281 Wire RU/ near states Technology Upgrade 28784 Wire RU/ near states University Scholars 10851 Wire RU/ near states University Scholars 11093 Wire RU/ near states University Scholars 13014 Wire RU/ near states University Scholars 151411 Wire RU/ near states University Scholars 15594 Wire RU/ near states University Scholars 17424 Wire RU/ near states University Scholars 17681 Wire RU/ near states University Scholars 200358 Wire RU/ near states University Scholars 20365 Wire RU/ near states University Scholars 216542 Wire RU/ near states University Scholars 25944 Wire RU/ near states University Scholars 45638 Wire RU/ near states University Scholars 46646 Wire RU/ near states University Scholars 48592 Wire RU/ near states University Scholars 6089 Wire RU/ near states University Scholars 6584 Wire RU/ near states University Scholars 6810 Wire RU/ near states University Scholars 7540 Wire RU/ near states University Scholars 7790 Wire RU/ near states University Scholars 80393 Wire RU/ near states University Scholars 9495 Wire RU/ near states University Scholars 9593 Wire 27 false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US OFFICIAL VISITS TO ARMENIA ON A FREQUENT BASIS TO MONITOR THE RENOVATION PROJECTS AND SCHOLARSHIPS. Part I, Line 3f - Investments and Expenditures ALL EXPENDITURES MONITERED BY PROJECT AND SUPPORTING DOCUMENTS. X false FUNDRAISER 176800 2500 174300 3923 13556 5837 176800 2500 174300 3923 13556 5837 23316 150984 Form 990, Part VI, Section B, Line 11b The Board of Directors review the 990 for approval prior to filing. Form 990, Part VI, Section C, Line 19 No documents available to the public. Form 990, Part XI, Line 9 Decrease in beginning net assets without donor restriction = -$131824 Form 990, Part XI, Line 9 Increase in beginning net assets with donor restriction = $131824