Human Services : Multipurpose Human Service Organizations

The Armory Foundation

Keeping Kids on Track!

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
  Financial 92.00
  Accountability & Transparency 100.00
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

92.00

Accountability & Transparency

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.
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

Charts

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

Mission

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

Highly Rated

Charity Name & State Overall Score Overall Rating
The Armory Foundation (NY) 94.34
United States Olympic Committee (CO) 92.68
United States Rowing Association (NJ) 85.57
Challenged Athletes Foundation (CA) 92.22
United States Golf Association (NJ) 92.88

Compare These Charities (Highly Rated)

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