NonprofitsArmstead Academic Project

Private Independent Foundations

Armstead Academic Project

SACRAMENTO, CA

Total revenue

$451K

Total expenses

$399K

Net assets

$488K

Grants received

$356K

18 grants

EIN

833737117

Tax year

2023

Mission

The armstead academic project invests its time, resources, and passion into creating stronger communities in the sacramento, california area by providing space and direct support for local organizations that provide charitable services to economically disadvantaged children in the area. Armstead academic project seeks out and identifies community leaders who are already managing and running under-funded direct charitable programs for children, and provides those leaders and programs with additional resources and infrastructure to allow those programs to increase their size and scale within the community. Armstead academic project aims to obtain additional funding sufficient to establish a physical location that serves as a cornerstone community center that is anchored in the sacramento area.

Programs

1 program

Armstead academic project hosts a free youth football camp for over 200 local youth from surrounding areas learn about conditioning and football drills while also having a q&a session about health, school, and football. Professional athletes volunteer their time to speak with the children about the importance of discipline, determination, and education.

Expenses: $21K

Financials

FY 2023

Revenue

Contributions & grants$565K
Program service revenue
Investment income$18K
Other revenue
Total revenue$451K

Expenses

Grants paid$135K
Salaries & benefits$61K
Fundraising$74K
Other expenses$203K
Total expenses$399K
Total assets$489K
Net assets$488K

People

7 listed

NameRoleCompensation

AARON ARMSTEAD

BOARD CHAIR

Board

1 hrs/wk

MATT GUTERMUTH

DIRECTOR

Board

1 hrs/wk

KHALIL KEYS

DIRECTOR

Board

1 hrs/wk

MICHELLE KIM

DIRECTOR

Board

1 hrs/wk

AMOBI OKUGO

SECRETARY

Board

1 hrs/wk

JOANNE PASTERNACK

DIRECTOR

Board

1 hrs/wk

PETER SCHERR

TREASURER

Board

1 hrs/wk

Grants received

Showing 18 of 18

FromAmountPurposeYear
$75K
General operating support
2024
$25K
IMPROVING SACRAMENTO YOUTH HEALTH OUTCOMES VIA EDUCATION AND MENTORING
2024
$22K
UNRESTRICTED
2024
$5K
UNRESTRICTED GENERAL SUPPORT
2024
$40K
MAN OF THE YEAR GRANTS
2023
$25K
UPLIFTING THE ROLE OF EDUCATION AND MENTORSHIP TO IMPACT HEALTH: TO PROVIDE A POSITIVE AND HEALTHY ENVIRONMENT FOR YOUNG PEOPLE IN SACRAMENTO COUNTY TO FEEL SAFE, EXPLORE AND THRIVE.
2023
$25K
EDUCATION
2023
$23K
UNRESTRICTED
2023
$12K
PUBLIC, SOCIETAL BENEFIT
2023
$6K
Donation on behalf of player for appearance
2023
$5K
For grant recipient's exempt purposes
2023
$5K
UNRESTRICTED GENERAL SUPPORT
2023
$4K
SUPPORT PUBLIC CHARITY PROGRAMS
2023
$4K
TO PROVIDE GENERAL SUPPORT
2023
$31K
PUBLIC, SOCIETAL BENEFIT
2022
$25K
EDUCATION
2022
$8K
SUPPORT DISADVANTAGED STUDENTS
2022

Funded by

$356K from 12 funders · 18 grants · 2022–2024

Charles Koch Foundation

$75K · 1 grant · 2024

Pwc Foundation Inc

$50K · 2 grants · 2022–2023

The California Endowment

$50K · 2 grants · 2023–2024

Network For Good

$44K · 2 grants · 2023–2024

Donor Advised Charitable Giving Inc

$43K · 2 grants · 2022–2023

Nfl Foundation Inc

$40K · 1 grant · 2023

Delposen Family Foundation

$14K · 2 grants · 2022–2023

Details

EIN833737117
NTEE codeT22
Subsection03
Ruling date2021-11
Formed2019
Employees1
Volunteers20
ARMSTEAD ACADEMIC PROJECT — Mission, Financials & Grants Received | Grantivo