Liabilities / Assets
31st percentile
Higher debt load relative to assets than 31% of similar nonprofits.
The Armory Foundation
990 • Fiscal year 2013 • EIN 13-3680286
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.06x
Liabilities / Revenue
41st percentile
Higher debt load relative to revenue than 41% of similar nonprofits.
Net Margin
20th percentile
Higher net margin than 20% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
23rd percentile
Faster asset growth than 23% of similar nonprofits.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
Down$9,905,764
Down $320,983 (-3.1%) from 2012
Net Assets
Down$9,284,788
Down $405,420 (-4.2%) from 2012
Liabilities
Up$620,976
Up $84,437 (+16%) from 2012
Revenue And Expenses
Revenue
$4,722,140
No earlier filing loaded for comparison.
Expenses
Up$5,126,026
Up $155,102 (+3.1%) from 2012
Net Income
-$403,886
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2012 to Jun 30, 2013
- Signed
- Dec 2, 2013
- Return Version
- 2012v2.1
- Gross Receipts
- $4,745,441
Mission and Program Overview
Mission
The armory foundation, a nyc not-for-profit and home to the premier indoor track and field center in america, is committed to serving youth by promoting excellence and fitness through a broad range of athletic, educational and community programs. The armory foundation's primary emphasis is reaching and motivating the youth of all five boroughs of new york city by offering them competitive track and field activities and broadening their horizons with computer classes, college preparation programs and a variety of cultural and school-coordinated educational activities. The armory foundation hosts over 100 track events each year, maintains the national track and field hall of fame, operates the largest after-school activity center in new york and offers a variety of community support programs in its world class facility.
Major Activities
- Activity 2
- Venue rental: when the armory is not being used for track & field, the special events director reaches out to various groups to provide additional streams of income to help offset the cost of the programs helping the young student athletes of new york city.
- Activity 3
- Armory college prep: this is a focused program set to target high school athletes, many of whom will be first-generation college students. Armory college prep supplies college readiness courses, sat prep classes and one-on-one college counseling, including financial aid and ncaa regulation information. This program works with 300 students each year, 150 of whom are seniors, to complete high school and gain acceptance to college.
Filing and Contact Details
Filer
- EIN
- 13-3680286
Raw XML AppendixShowing 400 of 631 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/Activity2/Description | 0 | VENUE RENTAL: WHEN THE ARMORY IS NOT BEING USED FOR TRACK & FIELD, THE SPECIAL EVENTS DIRECTOR REACHES OUT TO VARIOUS GROUPS TO PROVIDE ADDITIONAL STREAMS OF INCOME TO HELP OFFSET THE COST OF THE PROGRAMS HELPING THE YOUNG STUDENT ATHLETES OF NEW YORK CITY. |
| IRS990/Activity2/Expense | 0 | 551597 |
| IRS990/Activity2/Revenue | 0 | 981006 |
| IRS990/Activity3/Description | 0 | ARMORY COLLEGE PREP: THIS IS A FOCUSED PROGRAM SET TO TARGET HIGH SCHOOL ATHLETES, MANY OF WHOM WILL BE FIRST-GENERATION COLLEGE STUDENTS. ARMORY COLLEGE PREP SUPPLIES COLLEGE READINESS COURSES, SAT PREP CLASSES AND ONE-ON-ONE COLLEGE COUNSELING, INCLUDING FINANCIAL AID AND NCAA REGULATION INFORMATION. THIS PROGRAM WORKS WITH 300 STUDENTS EACH YEAR, 150 OF WHOM ARE SENIORS, TO COMPLETE HIGH SCHOOL AND GAIN ACCEPTANCE TO COLLEGE. |
| IRS990/Activity3/Expense | 0 | 491320 |
| IRS990/ActivityOrMissionDescription | 0 | TO SERVE YOUTH BY PROMOTING EXCELLENCE AND FITNESS THROUGH A BROAD RANGE OF ATHLETIC, EDUCATIONAL AND COMMUNITY PROGRAMS. |
| IRS990/ActivityOther/Description | 0 | HALL OF FAME: AWARDED TO THE ARMORY FOUNDATION IN 2004, THE NATIONAL TRACK & FIELD HALL OF FAME IS A STATE-OF-THE-ART MUSEUM DEDICATED TO THE CELEBRATION OF EXCELLENCE IN THE SPORT'S PAST, PRESENT AND FUTURE. |
| IRS990/ActivityOther/Description | 1 | TRAINING: MORE THAN 2,000 NEW YORK CITY STUDENTS TRAIN AT THE ARMORY, MONDAYS THROUGH FRIDAYS FROM NOVEMBER TO APRIL ON THE FABLED TRACK. TRAINING INCLUDES A SUPPLEMENTAL COACHING STAFF PAID BY THE ARMORY TO HELP MANY STUDENTS REACH THEIR GOALS. MANY COACHES ARE FLUENT IN ONE OF THE SPORTS IN TRACK AND FIELD. FEW ARE EXPERTS IN THROWING, POLE VAULTING OR EVEN RACE WALKING. IN ORDER TO PROVIDE THE BEST POSSIBLE EXPERIENCE, THE ARMORY BRINGS IN THESE COACHES. |
| IRS990/ActivityOther/Description | 2 | TECH AND LEARNING CENTER: A FORTY-STATION COMPUTER LAB OPEN TO THE COMMUNITY FOR ESL CLASSES, GED CLASSES AND A SERIES OF INTRODUCTORY CLASSES EXPLORING THE VARIOUS SOFTWARE PRODUCTS AVAILABLE FOR EVERYDAY USE. |
| IRS990/ActivityOther/Description | 3 | COMMUNITY PARTNERS - THIS PROGRAM PROVIDES BELOW-MARKET RENTAL SPACE TO COMMUNITY NOT-FOR-PROFIT ORGANIZATIONS AS A TANGIBLE COMMITMENT. |
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| IRS990/Description | 0 | TRACK MEETS: OVER 100 TRACK MEETS ARE HELD EACH YEAR, WELCOMING AN ESTIMATED 125,000 ATHLETES.THE TRACK SEASON RUNS FROM THE 15TH OF NOVEMBER TO THE 1ST OF APRIL. THE OBJECTIVE IS TO FULFILL THE MISSION OF THE ARMORY- OF "KEEPING KIDS ON TRACK". |
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| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfCommittees | 0 | 1 |
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| IRS990/MissionDescription | 0 | THE ARMORY TRACK & FIELD FOUNDATION, A NYC NOT-FOR-PROFIT AND HOME TO THE PREMIER INDOOR TRACK AND FIELD CENTER IN AMERICA, IS COMMITTED TO SERVING YOUTH BY PROMOTING EXCELLENCE AND FITNESS THROUGH A BROAD RANGE OF ATHLETIC, EDUCATIONAL AND COMMUNITY PROGRAMS.THE ARMORY TRACK & FIELD FOUNDATION'S PRIMARY EMPHASIS IS REACHING AND MOTIVATING THE YOUTH OF ALL FIVE BOROUGHS OF NEW YORK CITY BY OFFERING THEM COMPETITIVE TRACK AND FIELD ACTIVITIES AND BROADENING THEIR HORIZONS WITH COMPUTER CLASSES, COLLEGE PREPARATION PROGRAMS AND A VARIETY OF CULTURAL AND SCHOOL-COORDINATED EDUCATIONAL ACTIVITIES.THE ARMORY TRACK & FIELD FOUNDATION PROMOTES EXCELLENCE, FITNESS AND COMMUNITY BY HOSTING OVER 100 TRACK EVENTS EACH YEAR, MAINTAINING THE NATIONAL TRACK AND FIELD HALL OF FAME, OPERATING THE LARGEST AFTER SCHOOL ACTIVITY CENTER IN NEW YORK AND OFFERING A VARIETY OF COMMUNITY SUPPORT PROGRAMS IN ITS WORLD CLASS FACILITY. |
| IRS990/MoreThan5000KToIndividuals | 0 | 0 |
| IRS990/MoreThan5000KToOrganizations | 0 | 0 |
| IRS990/NameOfPrincipalOfficerPerson | 0 | RITA FINKEL |
| IRS990/NbrIndependentVotingMembers | 0 | 21 |
| IRS990/NbrVotingGoverningBodyMembers | 0 | 21 |
| IRS990/NbrVotingMembersGoverningBody | 0 | 21 |
| IRS990/NetAssetsOrFundBalancesBOY | 0 | 9690208 |
| IRS990/NetAssetsOrFundBalancesEOY | 0 | 9284788 |
| IRS990/NetGainOrLossInvestments/ExclusionAmount | 0 | -24 |
| IRS990/NetGainOrLossInvestments/TotalRevenueColumn | 0 | -24 |
| IRS990/NetIncomeFromFundraisingEvents/ExclusionAmount | 0 | -6856 |
| IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn | 0 | -6856 |
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| IRS990/NonDeductibleContributions | 0 | 0 |
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| IRS990/NumberIndividualsGT100K | 0 | 3 |
| IRS990/NumberOfContractorsGT100K | 0 | 0 |
| IRS990/NumberOfEmployees | 0 | 92 |
| IRS990/NumberW2GIncluded | 0 | 0 |
| IRS990/OfficeExpenses/Fundraising | 0 | 4084 |
| IRS990/OfficeExpenses/ManagementAndGeneral | 0 | 37714 |
| IRS990/OfficeExpenses/ProgramServices | 0 | 664761 |
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| IRS990/OfficerMailingAddress | 0 | 0 |
| IRS990/Organization501c3 | 0 | X |
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| IRS990/OtherEmployeeBenefits/ManagementAndGeneral | 0 | 1074 |
| IRS990/OtherEmployeeBenefits/ProgramServices | 0 | 124940 |
| IRS990/OtherEmployeeBenefits/Total | 0 | 132930 |
| IRS990/OtherExpensePriorYear | 0 | 2914132 |
| IRS990/OtherExpensesCurrentYear | 0 | 2970885 |
| IRS990/OtherRevenueCurrentYear | 0 | 7463 |
| IRS990/OtherRevenueMisc/BusinessCode | 0 | 900099 |
| IRS990/OtherRevenueMisc/Description | 0 | MISCELLANEOUS |
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| IRS990/OtherRevenueMisc/TotalRevenueColumn | 0 | 14319 |
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| IRS990/OtherSalariesAndWages/Fundraising | 0 | 82577 |
| IRS990/OtherSalariesAndWages/ManagementAndGeneral | 0 | 75455 |
| IRS990/OtherSalariesAndWages/ProgramServices | 0 | 1340776 |
| IRS990/OtherSalariesAndWages/Total | 0 | 1498808 |
| IRS990/PartialLiquidation | 0 | 0 |
| IRS990/PayrollTaxes/Fundraising | 0 | 8358 |
| IRS990/PayrollTaxes/ManagementAndGeneral | 0 | 2275 |
| IRS990/PayrollTaxes/ProgramServices | 0 | 150902 |
| IRS990/PayrollTaxes/Total | 0 | 161535 |
| IRS990/PoliticalActivities | 0 | 0 |
| IRS990/PremiumsPaid | 0 | 0 |
| IRS990/PrepaidExpensesDeferredCharges/BOY | 0 | 39666 |
| IRS990/PrepaidExpensesDeferredCharges/EOY | 0 | 38448 |
| IRS990/PriorExcessBenefitTransaction | 0 | 0 |
| IRS990/ProfessionalFundraising | 0 | 0 |
| IRS990/ProgramServiceRevenue/BusinessCode | 0 | 711210 |
| IRS990/ProgramServiceRevenue/BusinessCode | 1 | 532000 |
| IRS990/ProgramServiceRevenue/BusinessCode | 2 | 711210 |
| IRS990/ProgramServiceRevenue/BusinessCode | 3 | 532000 |
| IRS990/ProgramServiceRevenueCY | 0 | 2745607 |
| IRS990/ProgramServiceRevenue/Description | 0 | TRACK MEETS AND EVENTS |
| IRS990/ProgramServiceRevenue/Description | 1 | VENUE RENTALS |
| IRS990/ProgramServiceRevenue/Description | 2 | ADMISSIONS |
| IRS990/ProgramServiceRevenue/Description | 3 | COMMUNITY PARTNER RENT |
| IRS990/ProgramServiceRevenuePriorYear | 0 | 2474286 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 0 | 1335641 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 1 | 981006 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 2 | 298160 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 3 | 130800 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 0 | 1335641 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 1 | 981006 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 2 | 298160 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 3 | 130800 |
| IRS990/ProhibitedTaxShelterTrans | 0 | 0 |
| IRS990/QuidProQuoContributions | 0 | 1 |
| IRS990/QuidProQuoDisclosure | 0 | 1 |
| IRS990/ReconcilationOtherChanges | 0 | 0 |
| IRS990/ReconcilationRevenueExpenses | 0 | -403886 |
| IRS990/ReconciliationUnrealizedInvest | 0 | -1534 |
| IRS990/RegularMonitoringEnforcement | 0 | 0 |
| IRS990/RelatedEntity | 0 | 0 |
| IRS990/RelatedOrgControlledEntity | 0 | 0 |
| IRS990/ReportFin48Footnote | 0 | 1 |
| IRS990/ReportInvestOthSecurities | 0 | 0 |
| IRS990/ReportLandBldgEquip | 0 | 1 |
| IRS990/ReportOtherAssets | 0 | 0 |
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Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $9,905,764
- Liabilities
- $620,976
- Net assets
- $9,284,788
- Revenue
- $4,722,140
- Expenses
- $5,126,026
- Net income
- -$403,886