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Fund For Armenian Relief, Inc.

Fund For Armenian Relief, Inc.

New York, NY 10016
Tax ID13-3706646

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Amount

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About this organization

Revenue

$4,448,637

Expenses

$4,948,179

Website

farusa.org

Mission

FAR is dedicated to honoring the past, empowering the present, and ensuring the future for people in Armenia and Artsakh. Transforming lives, FAR gives hope, guidance, opportunity and empowerment to people in need, so that they become active citizens of a free, independent and democratic nation.

About

Humanitarian Programs - See Schedule O for program description

Interesting data from their 2020 990 filing

The filing outlines the non-profit's goal as “Far is dedicated to honoring the past, empowering the present and ensuring the future for people in armenia. far gives hope, guidance and opportunity to those in need, empowering them to create a better present and helping them pave the way to a stronger future. far provides short term emergency relief and implements long-term programs for the economic growth and social development of armenia. it helps the most vulnerable segments of the population - children and the elderly - and prepares professionals to lead their newly independent country. headquartered in new york, far has three offices in armenia. 150 of the organization's 153 full-time employees are located in yerevan, gyumri, vanadzor, and other locations in armenia. far caters its general relief and development programs to the changing needs of the people of armenia. currently, far concentrates its efforts on humanitarian aid, social and economic development, and educational and professional advancement. since its inception, f”.

When explaining its purpose, the activities were outlined as: “Far provides short-term emergency relief and implements long-term programs for economic growth and social development of armenia by helping the children and elderly.”.

  • As per legal reporting requirements, the state of operation for the non-profit is NY.
  • The non-profit's address for 2020 is listed as 630 SECOND AVENUE, NEW YORK, NY, 10016 in the filing.
  • As per the non-profit's form, they have 3 employees as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$499,542.
  • The CEO compensation package within the organization is determined through a review and endorsement by a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has a foreign financial account.
  • The organization has 15 independent voting members.
  • The organization was formed in 1993.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization pays $900,425 in salary, compensation, and benefits to its employees.
  • The organization pays $188,760 in fundraising expenses.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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