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Human Services : Multipurpose Human Service Organizations

The Armory Foundation

Keeping Kids on Track!

four stars

93.89

216 Fort Washington Avenue New York, NY 10032
tel: (212) 923-1803   Web Site
EIN: 13-3680286

Board Leadership
Michael Frankfurt
Chairman of the Board

CEO
Rita Finkel & Jonathan Schindel
Co-Presidents

  Score
(out of 100)
Rating
Overall Score & Rating 93.89 four stars
  Financial 91.36 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.

The Armory Foundation is dedicated to serving youth by promoting fitness and education through a broad range of athletic, educational and community programs.

The Armory Foundation is dedicated to serving youth by promoting fitness and education through a broad range of athletic, educational and community programs.

Impact Information

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Financial

four stars

91.36

Accountability & Transparency

four stars

100.00

This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
90.9%
  Administrative Expenses 5.4%
  Fundraising Expenses 3.5%
  Fundraising Efficiency $0.07
  Working Capital Ratio (years) 1.14
  Program Expenses Growth 1.9%
  Liabilities to Assets 15.6%
All data for Financial Performance Metrics calculations was provided by The Armory Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Armory Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Armory Foundation (NY) 93.89 four stars
US Bobsled and Skeleton Federation (NY) 94.02 four stars
Higher Ground (ID) 94.74 four stars
Maccabi USA/Sports for Israel (PA) 86.09 three stars
Little League Baseball (PA) 87.21 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,990,226
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $71,857
   Related Organizations $0
   Government Grants $2,202,833
Total Contributions $5,264,916
   Program Service Revenue $3,625,451
Total Primary Revenue $8,890,367
   Other Revenue $52,846
TOTAL REVENUE $8,943,213
   
EXPENSES  
   Program Expenses $6,392,972
   Administrative Expenses $503,772
   Fundraising Expenses $225,143
TOTAL FUNCTIONAL EXPENSES $7,121,887
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,821,326
   
Net Assets $8,025,282

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Track Meets $3,625,303 56.7%
Venue Rental $867,197 13.6%
Armory College Prep $852,893 13.3%

Ratings History
The Armory Foundation has received 5 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 09/03/2019 93.89 four stars
2018-06 08/01/2019 92.13 four stars
2017-06 05/01/2018 94.66 four stars
2016-06 12/22/2017 96.44 four stars
2015-06 11/01/2016 99.76 four stars
2014-06 06/01/2016 100.00 four stars
 
CN 2.0
2014-06 04/01/2016 92.42 four stars
2014-06 02/01/2016 89.14 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-3680286
Name in IRS Master File THE ARMORY FOUNDATION
NTEE Code Z99
NTEE Classification Unknown
NTEE Type Unknown
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (297) Community recreational facilities (park, playground, etc)
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date September, 1992
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$217,312 3.05% Rita Finkel Co-President, COO
Other Salaries of Note
$209,513 2.94% Jonathan Schindel Co-President, CFO

Highly Rated

Charity Name & State Overall Score Overall Rating
The Armory Foundation (NY) 93.89 four stars
Higher Ground (ID) 94.74 four stars
United States Olympic Committee (CO) 89.17 three stars
Israel Tennis & Education Centers Foundation (NY) 87.01 three stars
Maccabi USA/Sports for Israel (PA) 86.09 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

The Armory Foundation
216 Fort Washington Avenue
New York, NY 10032
tel: (212) 923-1803
fax: (212) 923-1645
EIN: 13-3680286

Visit Web Site

Board Leadership

Michael Frankfurt
Chairman of the Board

CEO

Rita Finkel & Jonathan Schindel
Co-Presidents

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