Baikar Association INC: FY2024 Nonprofit Profile & Form 990 (EIN 04-2103741)

Revenue by fiscal year
FY2021	$299K
FY2022	$287K
FY2023	$443K
FY2024	$356K
FY2025	$269K

Expenses by fiscal year
FY2021	$286K
FY2022	$291K
FY2023	$296K
FY2024	$293K
FY2025	$305K

Net assets by fiscal year
FY2021	−$147K
FY2022	−$152K
FY2023	$101K
FY2024	$40K
FY2025	$3K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1941.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

19 cents of each dollar spent went to programs.

19%

Program services 19% · $54K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII

Kevorkmarachelian

President

$0Pt VII · Sec A

Hagop Alexanian

Vice President

$0Pt VII · Sec A

Maro Bedrosian

Secretary

$0Pt VII · Sec A

Armen Demirdjian

Treasurer

$0Pt VII · Sec A

Sargis Kavlakyan

Director

$0Pt VII · Sec A

Vartan Ilanjian

Director

$0Pt VII · Sec A

Apet Torosian

Director

$0Pt VII · Sec A

Kevork Tutunjian

Director

$0Pt VII · Sec A

See Baikar Association INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Publishes American and Armenian newspapers with news from Armenia and around the world.

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Provided by the organization

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1 program · in their own filed words · FY2023

01

Publish american and armenian news from the republic of armenia, as well as related news worldwide

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record

Grants received · FY2023

Tekeyan Cultural Association INCFY2023$671K

Total grants receivedfrom 1 funder$671K

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$356K

Ln 12

Gifts and grantsLn 1h$293K

Fees for servicesLn 2g$62K

Money outPt IX

$293K

Ln 25

Programscol B$54K

Owns and owesPt X

$40K

net assets · Ln 32

Cash and savingsLn 1–2$221K

Total assetsLn 16$379K

LiabilitiesLn 26$339K

PeoplePt VI, VII

9

listed · VII A

PaidVII A0

Voting boardVI 1a9

IndependentVI 1b9

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$293K

Fees for servicesLn 2g$62K

Gains on assetsLn 7$0

Total revenueLn 12$356K

Assets in detailPt X, end of year

CashLn 1$221K

Cash and savings togetherLn 1–2$221K

Land, buildings, equipmentLn 10c$96K

Total assetsLn 16$379K

LiabilitiesLn 26$339K

Net assetsLn 32$40K

OperationsPt I, VI

EmployeesI 53

Fiscal year endsHeaderAugust

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$159K	$221K
Land, buildings, equipmentLn 10c	$219K	$96K
Total assetsLn 16	$451K	$379K
LiabilitiesLn 26	$350K	$339K
Net assetsLn 32	$101K	$40K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Other salaries and wagesLn 7	$178K
Management feesLn 11a	$854
Office expensesLn 13	$10K
TravelLn 17	$2K
Depreciation, depletion and amortizationLn 22	$0
Other expenses (24a–d)Ln 24	$47K
All other expensesLn 24e	$55K	$54K	$0	$0
Total functional expensesLn 25	$293K	$54K	$0	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest	$269K	$305K	−$37K	$3K	990 PDF
FY2024 Viewing	$356K	$293K	$62K	$40K	990 PDF
FY2023	$443K	$296K	$147K	$101K	990 PDF
FY2022	$287K	$291K	−$4K	−$152K	990 PDF
FY2021	$299K	$286K	$13K	−$147K	990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

See the full FY2024 990 (6 parts)

Part I · Summary $355,519 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $375,163$293,478

I-9 Program service revenuePrior year $67,523$62,041

I-10 Investment incomePrior year $0$0

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $442,686$355,519

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $157,756$178,477

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $138,220$114,873

I-18 Total expensesPrior year $295,976$293,350

I-19 Revenue less expensesPrior year $146,710$62,169

Part VI · Governance 9 of 9 board members independent, 1 to look at

VI-1a Voting members of the governing body9

VI-1b Independent voting members9

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $355,519 across 7 lines filed

VIII-1f All other contributions, gifts and grants$293,478

VIII-1h Total contributions, gifts and grants$293,478

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)$62,041

VIII-6 Net rental income or loss$0

VIII-7 Net gain or loss on sales of assets$0

VIII-8 Net income from fundraising events$0

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$355,519

Part IX · Statement of functional expenses $293,350 across 7 lines filed

IX-7 Other salaries and wages$178,477

IX-11a Management fees$854

IX-13 Office expenses$10,334

IX-17 Travel$1,893

IX-22 Depreciation, depletion and amortization$0

IX-24 Other expenses (24a–d)$46,614

IX-24e All other expensesPrograms $54,453 · Management $0 · Fundraising $0$55,178

IX-25 Total functional expensesPrograms $54,453 · Management $0 · Fundraising $0$293,350

Part X · Balance sheet $379,470 assets, 10 lines filed

X-1 Cash, non-interest-bearingStart of year $158,875$221,042

X-9 Prepaid expenses and deferred chargesStart of year $72,525$61,975

X-10c Land, buildings and equipment, netStart of year $219,357$96,453

X-16 Total assetsStart of year $450,757$379,470

X-17 Accounts payable and accrued expensesStart of year $37,068$41,568

X-24 Unsecured notes and loans payableStart of year $297,850$297,850

X-25 Other liabilitiesStart of year $15,050$0

X-26 Total liabilitiesStart of year $349,968$339,418

X-32 Total net assets or fund balancesStart of year $100,789$40,052

X-33 Total liabilities and net assetsStart of year $450,757$379,470

Part XI · Reconciliation of net assets $40,052 net assets at year end

XI-1 Total revenue$355,519

XI-2 Total expenses$293,350

XI-3 Revenue less expenses$62,169

XI-4 Net assets at start of year$100,789

XI-10 Net assets at end of year$40,052

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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Baikar Association INC FY2024 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Baikar Association INC

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV