Civic Intelligence

Armat Foundation Inc.

990PF • Fiscal year 2015 • EIN 56-2045002

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 29, 2016

Organization Profile
1234 Greenhill RoadMount Airy, NC 27030

(336) 786-4512

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

89th percentile

0.04x

Higher debt load relative to assets than 89% of similar nonprofits.

2015 filings • NTEE T • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

98th percentile

1.90x

Higher debt load relative to revenue than 98% of similar nonprofits.

2015 filings • NTEE T • $1M-$5M nonprofits • Source year 2015

Net Margin

12th percentile

-181%

Higher net margin than 12% of similar nonprofits.

2015 filings • NTEE T • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • NTEE T • $1M-$5M nonprofits • Source year 2015

Asset Growth

54th percentile

0.2%

Faster asset growth than 54% of similar nonprofits.

2015 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

41st percentile

-17%

Faster revenue growth than 41% of similar nonprofits.

2015 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$1,776,641

Up $3,463 (+0.2%) from 2014

Net Assets

Down

$1,703,141

Down $70,037 (-3.9%) from 2014

Liabilities

Up

$73,500

Up $73,500 from 2014

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin12th percentile

Revenue

Down

$38,639

Down $7,724 (-17%) from 2014

Expenses

Up

$108,676

Up $396 (+0.4%) from 2014

Net Income

Down

-$70,037

Down $8,120 (-13%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth54th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,595,022Liabilities 2010: $0Net Assets 2010: $1,595,0222010Assets 2011: $1,775,323Liabilities 2011: $12011Assets 2012: $1,797,366Liabilities 2012: $0Net Assets 2012: $1,797,3662012Assets 2013: $1,835,095Liabilities 2013: $0Net Assets 2013: $1,835,0952013Assets 2014: $1,773,178Liabilities 2014: $0Net Assets 2014: $1,773,1782014Assets 2015: $1,776,641Liabilities 2015: $73,500Net Assets 2015: $1,703,1412015Assets 2016: $1,700,387Liabilities 2016: $79,154Net Assets 2016: $1,621,2332016Assets 2017: $1,616,581Liabilities 2017: $20,250Net Assets 2017: $1,596,3312017Assets 2018: $1,568,288Liabilities 2018: $0Net Assets 2018: $1,568,2882018Assets 2019: $1,498,766Liabilities 2019: $0Net Assets 2019: $1,498,7662019Assets 2020: $1,450,264Liabilities 2020: $0Net Assets 2020: $1,450,2642020Assets 2021: $1,391,514Liabilities 2021: $0Net Assets 2021: $1,391,5142021Assets 2022: $1,416,784Liabilities 2022: $0Net Assets 2022: $1,416,7842022Assets 2023: $1,404,111Liabilities 2023: $0Net Assets 2023: $1,404,1112023Assets 2024: $1,403,369Liabilities 2024: $0Net Assets 2024: $1,403,3692024

Highlighted filing

2015

Assets$1,776,641
Liabilities$73,500
Net Assets$1,703,141
Open 2015 Filing

Operations Trend

Revenue Growth41st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $60,2482010Revenue 2011: $260,448Expenses 2011: $80,147Net Income 2011: $180,3012011Expenses 2012: $66,6692012Revenue 2013: $144,153Expenses 2013: $106,424Net Income 2013: $37,7292013Revenue 2014: $46,363Expenses 2014: $108,280Net Income 2014: -$61,9172014Revenue 2015: $38,639Expenses 2015: $108,676Net Income 2015: -$70,0372015Revenue 2016: $36,870Expenses 2016: $118,778Net Income 2016: -$81,9082016Revenue 2017: $74,077Expenses 2017: $98,979Net Income 2017: -$24,9022017Revenue 2018: $73,372Expenses 2018: $101,415Net Income 2018: -$28,0432018Revenue 2019: $58,513Expenses 2019: $128,035Net Income 2019: -$69,5222019Revenue 2020: $69,342Expenses 2020: $117,844Net Income 2020: -$48,5022020Revenue 2021: $98,581Expenses 2021: $157,331Net Income 2021: -$58,7502021Revenue 2022: $46,677Expenses 2022: $21,407Net Income 2022: $25,2702022Revenue 2023: $120,459Expenses 2023: $133,132Net Income 2023: -$12,6732023Revenue 2024: $113,268Expenses 2024: $114,010Net Income 2024: -$7422024

Highlighted filing

2015

Revenue$38,639
Expenses$108,676
Net Income-$70,037
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 29, 2016
Return Version
2015v2.1
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BETTY WRIGHTPresident, Secretary-$0--
TAMRA WRIGHT THOMASAsst. Sec.-$0--
Filing and Contact Details

Filer

Filer Name
Armat Foundation Inc
EIN
56-2045002
Phone
3367864512
Address
1234 GREENHILL ROAD, MOUNT AIRY, NC 27030

Signing Officer

Name
Betty Wright
Title
President
Phone
3367864512
Signed
2016-04-29
Discuss with paid preparer
Yes

Preparer

Firm
Lba Haynes Strand Pllc
Address
PO BOX 1707, MOUNT AIRY, NC 27030
Preparer
J Samuel Gentry Jr CPA
Phone
3367898989
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1ASST. SEC.
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IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd00
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IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd00
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd00
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd00
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd00
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd01
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd00
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd01
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd00
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd00
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd00
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd01
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0BETTY WRIGHT
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd00
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt01234 GREENHILL ROAD
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0MOUNT AIRY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0NC
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd0270309474
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd00
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd00
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd00
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0NC
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd00
IRS990PF/StatementsRegardingActyGrp/PhoneNum03367864512
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd00
IRS990PF/StatementsRegardingActyGrp/Section4955ManagersTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd01
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd00
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0BETTY WRIGHT
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm1TAMRA WRIGHT THOMAS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt050
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt150
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt250
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt4250
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt550
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt625
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt71000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt8728
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt9100
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt1050
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt1150
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt12100
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt13100
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt1450735
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt1550
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt16700
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt17200
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt18100
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt19230
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt20750
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt21100
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt22250
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt2310310
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt24100
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt25800
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt2625200
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt2725
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt2825
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt29100
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt3050
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt31100
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt3238
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt33200
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt3UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt4UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt5UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt6UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt7UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt8UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt9UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt10UNRESTRICTED
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt12UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt13UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt14UNRESTRICTED
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt16UNRESTRICTED
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt23UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt24UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt25UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt26UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt27UNRESTRICTED
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt29UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt30UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt31UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt32UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt33UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0AMERICAN DIABETES ASSOCIATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1CALVARY BAPTIST CHURCH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt2CAROLINA FOR THE KIDS FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt3CHILDREN'S HOSPITAL OF THE KINGS DAUGHTERS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt4FIRST BAPTIST CHURCH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt5FIRST UNITED METHODIST CHURCH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt6FORSYTH MEDICAL CENTER FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt7GRAND LODGE OF NC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt8HAYMORE CHURCH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt9HOLY CROSS BAPTIST CHURCH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt10HORTON WREATH SOCIETY INC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt11LITTLE MOUNTAIN BAPTIST CHURCH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt12MORAVIAN CHURCH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt13MOUNT AIRY LIONS CLUB LADIES
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt14MOUNT AIRY MUSEUM OF REGIONAL HISTORY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt15MOUNT AIRY RESCUE SQUAD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt16MOUNT AIRY RESTORATION FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt17MOUNT AIRY ROTARY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt18NATIONAL TRUST FOR HISTORIC PRESERVATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt19ORDER OF EASTERN STAR OF NC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt20PRESERVATION NORTH CAROLINA

Document Assets

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Filings

Displayed year

2015 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,776,641
Liabilities
$73,500
Net assets
$1,703,141
Revenue
$38,639
Expenses
$108,676
Net income
-$70,037
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$0.11$0.11$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$0.12$0.13$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$0.05$0.02$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$0.10$0.16$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.45$0.00$1.45$0.07$0.12$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.50$0.06$0.13$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.57$0.00$1.57$0.07$0.10$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.62$0.02$1.60$0.07$0.10$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.70$0.08$1.62$0.04$0.12$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.78$0.07$1.70$0.04$0.11$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$0.05$0.11$0.06
2013Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$0.14$0.11$0.04
2012Detailed filing. Detailed filing data is available for this year.$1.80$0.00$1.80$0.07
2011Summary only. Only limited summary data is available for this year.$1.78$0.00$0.26$0.08$0.18
2010Detailed filing. Detailed filing data is available for this year.$1.60$0.00$1.60$0.06