NonprofitsThe Armory Foundation

Unclassified

The Armory Foundation

NEW YORK, NY

Total revenue

$9.2M

Total expenses

$10.3M

Net assets

Grants received

$7.3M

108 grants

EIN

133680286

Tax year

2023

Mission

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

Programs

9 programs

Armory college prep high school: this is a college success program targeting high school students who practice at the armory, many of whom will be first generation college students. Armory college prep supplies rigorous academic instruction, sat prep classes, one-on-one college counseling, including financial aid and ncaa regulation information and multiple trips to visit colleges. In a typical year. This program works with over 60 students each year to complete high school, gain acceptance to four-year colleges and to succeed at college.

Expenses: $957K

High school training: up to 2,000 new york city students train at the armory, tuesdays and thursdays from november to april on the fabled armory track. Training includes a supplemental coaching staff paid by the armory to help students develop their skills. Most students have coaches who are fluent in one of the events of track and field. Only very few of them are experts in throwing, pole vaulting, hurdles or even race-walking. In order to provide the best possible experience, the armory brings in these coaches. Youth training: in a normal year, as many as 500 students in grades 2-8 from washington heights, inwood and harlem train at the armory mondays and wednesdays from october to may in the city track, and little feet programs. Full coaching staff is provided to the children to teach the basics of track and field and ensure the children have plenty of fun at the same time. The armory has structured exercise and health-related programming twice per week, year-round, for community seniors.

Expenses: $442K

Armory college prep middle school, also known as great minds: this program works with students in grades 4-8 from washington heights, inwood and harlem. The focus of the program is to engage the students in math, reading, steam and financial literacy while we encourage good study habits and provide guidance on high school choice for children and their families. The program also includes participation in the stock market game, where groups of our students learn about the economy, investing and world events via investing $100,000 of fictitious money in the stock market. The armory has experienced steady enrollment of approximately 60 students in the great minds program.

Expenses: $378K

Youth training

Expenses: $287K

Aim high seniors training

Expenses: $256K

Adults & colleges training

Expenses: $247K

Community relations

Expenses: $220K

Community partners

Expenses: $125K

Museum hall of fame

Expenses: $95K

Financials

FY 2023

Revenue

Contributions & grants$5.1M
Program service revenue$3.1M
Investment income$111K
Other revenue$1.0M
Total revenue$9.2M

Expenses

Grants paid
Salaries & benefits$3.7M
Fundraising$135K
Other expenses$6.6M
Total expenses$10.3M
Total assets$14.0M
Net assets

People

26 listed

NameRoleCompensation

RITA M FINKEL

CO-PRESIDENT

Board

$364K

40 hrs/wk

JONATHAN B SCHINDEL

CO-PRESIDENT

Board

$351K

40 hrs/wk

GLENNIS A AQUINO-GIL

CHIEF OPERATING OFFICER

Board

$213K

40 hrs/wk

JOHN JENKINS

DIRECTOR

Board

2 hrs/wk

KERRI DONNER

DIRECTOR

Board

2 hrs/wk

LISA STONE

DIRECTOR

Board

2 hrs/wk

EDWARD STERN

TREASURER

Board

2 hrs/wk

MARY BETH HOGAN

DIRECTOR

Board

2 hrs/wk

MARY DARLING

DIRECTOR

Board

2 hrs/wk

MICHAEL YAKER

DIRECTOR

Board

2 hrs/wk

REMYSELL SALAS

DIRECTOR

Board

2 hrs/wk

ROBERT ESNARD

DIRECTOR

Board

2 hrs/wk

WENDY HILLIARD

DIRECTOR

Board

2 hrs/wk

MARIA LUNA

DIRECTOR

Board

2 hrs/wk

MICHAEL BLUM

VICE CHAIRMAN

Board

2 hrs/wk

MICHAEL FRANKFURT

CHAIRMAN

Board

2 hrs/wk

SANDRA HARRIS

SECRETARY

Board

2 hrs/wk

ANDREW HOGUE

DIRECTOR

Board

2 hrs/wk

CHRIS BILSKY

DIRECTOR

Board

2 hrs/wk

JACQUELINE VALOUCH

DIRECTOR

Board

2 hrs/wk

JANE OTT

DIRECTOR

Board

2 hrs/wk

JOHN CARPENTER

DIRECTOR OF FACILITIES

Staff

$142K

40 hrs/wk

KENNETH DWYER

BUILDING MANAGER

Staff

$135K

40 hrs/wk

Mary Rose Synek

Dir. of Writing Institute

Staff

$121K

40 hrs/wk

Clayton D Harding

Director of College Admissions

Staff

$119K

40 hrs/wk

Tom Healy

Director of Operations

Staff

$114K

40 hrs/wk

Independent contractors

Daktronics Inc

Ribbon/Screen Installation

$270K

STATE GROUP LLC

Tutoring

$245K

FLYNN SPORTS MANAGEMENT

Track Management

$143K

Fulton Accurate Timing

Track Management

$138K

Southside Complete Inc

Flooring Installation

$110K

Grants received

Showing 108 of 108

FromAmountPurposeYear
$567K
TO SPONSOR A VARIETY OF EDUCATIONAL PROGRAM AND TRACK AND FIELD EVENT
2024
$90K
TO FUND ARMORY COLLEGE PREP
2024
$50K
FOR PROGRAM SUPPORT.
2024
$18K
FOR GENERAL SUPPORT.
2024
$10K
Human Services
2024
$5K
CARRY OUT EXEMPT FUNCTIONS
2024
$2K
GENERAL PURPOSE
2024
$550K
TO SPONSOR A VARIETY OF EDUCATIONAL PROGRAMS AND TRACK AND FIELD EVENTS
2023
$131K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$109K
For grant recipient's exempt purposes
2023
$90K
TO ASSIST IN THE PURPOSE OF THE CHARITY
2023
$74K
Youth athletics, education and community programs
2023
$50K
FOR PROGRAM SUPPORT.
2023
$30K
PUBLIC, SOCIETAL BENEFIT
2023
$10K
PROGRAM SERVICES
2023
$10K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2023
$8K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2023
$5K
FOR OPERATIONS
2023
$3K
GENERAL OPERATING SUPPORT
2023
$2K
GENERAL PURPOSE
2023
$2K
GENERAL SUPPORT
2023
$2K
COMMUNITY INTEREST
2023
$536K
TO SPONSOR A VARIETY OF EDUCATIONAL PROGRAMS AND TRACK AND FIELD EVENTS
2022
$229K
OPERATIONS
2022
$150K
Continue to support programs that help students develop a lifelong love of, and commitment to, both exercise and learning
2022
$135K
For grant recipient's exempt purposes
2022
$131K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$50K
GENERAL SUPPORT
2022
$34K
Program Services
2022
$30K
PUBLIC, SOCIETAL BENEFIT
2022
$24K
TO ASSIST IN THE PURPOSE OF THE CHARITY
2022
$14K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2022
$11K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2022
$10K
STRATEGIC DISCRETIONARY
2022
$10K
HUMAN SERVICES
2022
$5K
CHARITABLE DONATION
2022
$3K
RITA FINKEL HOLIDAY BOOK FUND
2022
$2K
GENERAL PURPOSE
2022
$1K
Luce Foundation 2022 Employee Year-end Grant - Jackie Edwards
2022
$1K
EXEMPT PURPOSE
2022
$250
GENERAL OPERATING PURPOSE
2022
$526K
GRANTS AWARDED TO THE ARMORY FOUNDATION TO SPONSOR A VARIETY OF EDUCATIONAL & RECREATIONAL SPORTS AND FITNESS PROGRAMS FOR PERSONS OF ALL AGES AND BACKGROUNDS. NYRR IS PERIODICALLY INVOLVED IN VARIOUS EVENTS AND THE PROGRAMS TO HELP INSPIRE PEOPLE, OF ALL AGES AND ABILITIES, TO MAINTAIN A FIT AND HEALTHY LIFESTYLE THROUGH RUNNING.
2021
$109K
For recipient's exempt purpose
2021
$102K
PUBLIC, SOCIETAL BENEFIT
2021
$38K
Program Services
2021
$25K
GENERAL SUPPORT
2021
$19K
For grant recipient's exempt purposes
2021
$19K
For grant recipient's exempt purposes
2021
$11K
GENERAL SUPPORT
2021
$10K
HUMAN SERVICES
2021
$10K
GENERAL SUPPORT
2021
$10K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2021
$6K
OPERATIONS
2021
$2K
GENERAL PURPOSE
2021
$278K
SPONSOR FOR COLLEGE PREP PROGRAM AND TRACK AND FIELD EVENTS.
2020
$150K
SUPPORT ATHLETIC AND EDUCATIONAL ACTIVITIES.
2020
$150K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$83K
PUBLIC, SOCIETAL BENEFIT
2020
$10K
General support
2020
$10K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2020
$10K
GENERAL OPERATING
2020
$10K
GENERAL PURPOSE
2020
$7K
For grant recipient's exempt purposes
2020
$5K
COVID-19 FUND-THE COVID-19 COMMUNITY FUND WILL PROVIDE RESOURCES TO OUR PARTNER AGENCIES AND COMMUNITY-BASED ORGANIZATIONS THAT WORK WITH COMMUNITIES WHO ARE DISPROPORTIONATELY IMPACTED BY CORONAVIRUS AND THE ECONOMIC CONSEQUENCES OF THE OUTBREAK. WE WILL MOBILIZE OUR BROAD NETWORK OF OVER 600 COMMUNITY-BASED PARTNERS THROUGHOUT THE CITY TO PROVIDE ASSISTANCE TO FAMILIES TO WEATHER THE COVID-19 CRISIS. THIS NETWORK OF COMMUNITY PARTNERS WILL PROVIDE DIRECT SERVICES THROUGH OUR READNYC, FEEDNYC AND STRENGTHENNYC PROGRAMS.
2020
$2K
GENERAL PURPOSE
2020
$1K
GENERAL SUPPORT
2020
$500
General & Unrestricted
2020
$250
GENERAL OPERATING PURPOSE
2020
$510K
SPONSOR TRACK AND FIELD EVENTS, SUPPORT DR. SANDER LEGACY FUND AND THE ARMORY COLLEGE PREP PROGRAM, TSHIRTS OR OTHER VALUE-IN-KIND FOR ARMORY EVENTS AND RUNLOVE EVENT
2019
$79K
For grant recipient's exempt purposes
2019
$40K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2019
$11K
General support
2019
$10K
HUMAN SERVICES
2019
$10K
GENERAL SUPPORT
2019
$10K
GENERAL SUPPORT
2019
$500
YOUTH FITNESS AND EDUCATION
2019
$486K
SPONSOR TRACK AND FIELD EVENTS, SUPPORT DR. SANDER LEGACY FUND AND RUNLOVE EVENT
2018
$115K
SUPPORT OF LITTLE FEET PROGRAM
2018
$36K
For grant recipient's exempt purposes
2018
$18K
General Support
2018
$10K
GENERAL SUPPORT
2018
$465K
SPONSOR TRACK AND FIELD EVENTS
2017
$40K
ARTS, CULTURE & HUMANITIES
2017
$33K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$10K
General Support
2017
$10K
GENERAL SUPPORT
2017
$10K
GENERAL SUPPORT
2017
$1K
YOUTH FITNESS AND EDUCATION
2017

Funded by

$7.3M from 40 funders · 108 grants · 2017–2024

New York Road Runners Inc

$3.9M · 8 grants · 2017–2024

Donor Advised Charitable Giving Inc

$553K · 7 grants · 2017–2023

Vanguard Charitable Endowment Program

$520K · 4 grants · 2020–2023

Fidelity Investments Charitable Gift Fund

$437K · 8 grants · 2017–2023

The Joseph H Flom Foundation

$415K · 3 grants · 2018–2022

Kpmg Us Foundation Inc

$235K · 2 grants · 2021–2022

The Sirovich Family Charitable Fdn

$204K · 3 grants · 2022–2024

The New York Community Trust

$118K · 3 grants · 2023–2024

Details

EIN133680286
NTEE codeZ99Z
Subsection03
Ruling date1992-09
Formed1992
Employees127
Volunteers508
THE ARMORY FOUNDATION — Mission, Financials & Grants Received | Grantivo