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Human Services : Multipurpose Human Service Organizations

The Armory Foundation

Keeping Kids on Track!

four stars

94.34

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

Board Leadership
Michael Frankfurt
Chairman

CEO
Rita Finkel & Jonathan Schindel
Co-Presidents

  Score
(out of 100)
Rating
Overall Score & Rating 94.34 four stars
  Financial 92.00 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 09/01/2020 and includes data from FY2019, 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.

Financial

four stars

92.00

Accountability & Transparency

four stars

100.00

This rating was published 09/01/2020 and includes data from FY2019, 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)
89.8%
  Administrative Expenses 6.4%
  Fundraising Expenses 3.6%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 1.03
  Program Expenses Growth < 0.1%
  Liabilities to Assets 6.8%
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) 94.34 four stars
United States Soccer Foundation (DC) 93.33 four stars
New York Road Runners (NY) 92.92 four stars
Little League Baseball (PA) 86.72 three stars
United States Rowing Association (NJ) 85.57 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,181,585
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $23,670
   Related Organizations $0
   Government Grants $110,000
Total Contributions $1,315,255
   Program Service Revenue $4,392,334
Total Primary Revenue $5,707,589
   Other Revenue $435,695
TOTAL REVENUE $6,143,284
   
EXPENSES  
   Program Expenses $6,054,288
   Administrative Expenses $480,328
   Fundraising Expenses $242,565
TOTAL FUNCTIONAL EXPENSES $6,777,181
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-633,897
   
Net Assets $7,389,951

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 $3,641,704 60.2%
Armory College Prep $1,198,344 19.8%
High School Training $652,379 10.8%

Ratings History
The Armory Foundation has received 6 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 09/01/2020 94.34 four stars
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, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$235,196 3.47% Rita Finkel Co-President, COO
Other Salaries of Note
$226,048 3.33% Jonathan Schindel Co-President, CFO

Highly Rated

Charity Name & State Overall Score Overall Rating
The Armory Foundation (NY) 94.34 four stars
Women's Sports Foundation (NY) 93.85 four stars
Tiger Athletic Foundation (LA) 93.84 four stars
National Ability Center (UT) 96.69 four stars
United States Rowing Association (NJ) 85.57 three stars

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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

CEO

Rita Finkel & Jonathan Schindel
Co-Presidents

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