Civic Intelligence

The Armstrong Foundation

990PF • Fiscal year 2023 • EIN 75-6003209

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

P O Box 470338Fort Worth, TX 76147

(817) 737-7117

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2023 filings • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

20th percentile

0.00x

Higher debt load relative to revenue than 20% of similar nonprofits.

2023 filings • $10M-$25M nonprofits • Source year 2023

Net Margin

62nd percentile

10%

Higher net margin than 62% of similar nonprofits.

2023 filings • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

32nd percentile

$75,669

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2023 filings • $10M-$25M nonprofits • Source year 2023

Asset Growth

37th percentile

0.8%

Faster asset growth than 37% of similar nonprofits.

2023 filings • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

79th percentile

32%

Faster revenue growth than 79% of similar nonprofits.

2023 filings • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$23,370,156

Up $182,703 (+0.8%) from 2022

Net Assets

Up

$23,367,197

Up $179,351 (+0.8%) from 2022

Liabilities

Up

$2,959

Up $3,352 (+853%) from 2022

Revenue

Up

$1,901,703

Up $463,276 (+32%) from 2022

Expenses

Down

$1,709,830

Down $102,584 (-5.7%) from 2022

Net Income

Up

$191,873

Up $565,860 (+151%) from 2022

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2011: $17,555,644Liabilities 2011: $02011Assets 2012: $19,681,963Liabilities 2012: $7,0002012Assets 2013: $20,321,659Liabilities 2013: $02013Assets 2014: $21,497,656Liabilities 2014: $02014Assets 2015: $21,242,776Liabilities 2015: $75Net Assets 2015: $21,242,7012015Assets 2016: $20,481,268Liabilities 2016: $608Net Assets 2016: $20,480,6602016Assets 2017: $21,972,730Liabilities 2017: $0Net Assets 2017: $21,972,7302017Assets 2018: $23,980,997Liabilities 2018: $0Net Assets 2018: $23,980,9972018Assets 2019: $23,653,082Liabilities 2019: $0Net Assets 2019: $23,653,0822019Assets 2020: $23,016,383Liabilities 2020: $473Net Assets 2020: $23,015,9102020Assets 2021: $23,578,429Liabilities 2021: $3,989Net Assets 2021: $23,574,4402021Assets 2022: $23,187,453Liabilities 2022: -$393Net Assets 2022: $23,187,8462022Assets 2023: $23,370,156Liabilities 2023: $2,959Net Assets 2023: $23,367,1972023Assets 2024: $23,991,268Liabilities 2024: $2,015Net Assets 2024: $23,989,2532024

Highlighted filing

2023

Assets$23,370,156
Liabilities$2,959
Net Assets$23,367,197

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $1,796,213Expenses 2011: $1,254,733Net Income 2011: $541,4802011Revenue 2012: $3,463,936Expenses 2012: $1,286,355Net Income 2012: $2,177,5812012Revenue 2013: $2,024,418Expenses 2013: $1,348,793Net Income 2013: $675,6252013Revenue 2014: $2,779,654Expenses 2014: $1,587,831Net Income 2014: $1,191,8232014Revenue 2015: $1,254,261Expenses 2015: $1,509,216Net Income 2015: -$254,9552015Revenue 2016: $685,145Expenses 2016: $1,435,490Net Income 2016: -$750,3452016Revenue 2017: $2,878,830Expenses 2017: $1,370,315Net Income 2017: $1,508,5152017Revenue 2018: $3,179,601Expenses 2018: $1,569,005Net Income 2018: $1,610,5962018Revenue 2019: $1,324,677Expenses 2019: $1,616,374Net Income 2019: -$291,6972019Revenue 2020: $940,867Expenses 2020: $1,556,820Net Income 2020: -$615,9532020Revenue 2021: $2,347,085Expenses 2021: $1,773,742Net Income 2021: $573,3432021Revenue 2022: $1,438,427Expenses 2022: $1,812,414Net Income 2022: -$373,9872022Revenue 2023: $1,901,703Expenses 2023: $1,709,830Net Income 2023: $191,8732023Revenue 2024: $2,392,442Expenses 2024: $1,755,346Net Income 2024: $637,0962024

Highlighted filing

2023

Revenue$1,901,703
Expenses$1,709,830
Net Income$191,873
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN LEE HARRISONOfficerPT$75,669-$75,669
T K ARMSTRONG JRPresidentPT$59,331-$59,331
LAURA J HARRISONSecretaryPT$54,451-$54,451
ALLEN L ARMSTRONGTreasurerPT$9,776-$9,776
ALEX D ARMSTRONGTrusteePT$5,577-$5,577
CHRISTIAN G SIEGENTHALERTrusteePT$5,577-$5,577
KATE BRITAINKey EmployeePT$5,577-$5,577
Filing and Contact Details

Filer

Filer Name
The Armstrong Foundation
EIN
75-6003209
Phone
8177377117
Address
P O BOX 470338, FORT WORTH, TX 76147

Signing Officer

Name
Laura J Harrison
Title
Secretary
Signed
2024-11-11

Preparer

Firm
Alexander Booher & Associates Pc
Address
6300 RIDGLEA PLACE SUITE 611, FORT WORTH, TX 76116-5732
Preparer
William E Alexander CPA
Phone
8175698860
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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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GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt502023-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt512023-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt522022-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt532022-09
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt542023-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt552023-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt562023-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt572023-08
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt582022-08
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt592022-04
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt602023-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt612023-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt622023-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt632023-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt642023-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt652022-11
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt662022-05
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt672023-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt682019-11
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt692018-09
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt702018-09
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt712018-12
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt722018-09
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt732022-05
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt742018-09
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt752020-09
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt762021-06
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt772018-09
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt782018-08
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt792020-03
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt802017-08
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt812018-06
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt822021-03
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt832018-09
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt842022-08
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt852021-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt862022-11
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt872022-04
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt882022-05
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt892022-10
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt902022-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt912022-09
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt922013-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt932022-05
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt942017-08
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt952018-05
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt962019-06
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt972022-05
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt982018-09
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt992006-03
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1002022-06
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1012022-06
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1022022-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1032021-05
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1042021-05
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1052021-07
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1062021-08
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1072021-05
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1082021-05
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1092023-07
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1102022-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1112023-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1122022-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1132022-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1142022-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1152022-10
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1162022-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1172014-12
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1182021-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1192021-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1202021-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1212023-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1222022-03
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1232022-09
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1242023-05
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1252022-12
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1262023-04
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1272022-08
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1282022-12
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1292023-05
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1302023-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1312022-08
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1322022-09
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1332022-06
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1342022-12
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1352022-08
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1362023-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1372023-05
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1382022-06
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1392019-10
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1402020-03
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1412019-04
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1422019-10
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1432019-06
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1442020-03
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1452019-10
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1462018-10
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1472019-11
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1482020-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1492022-05
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1502020-03
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1512022-08
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1522022-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1532021-12
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1542019-10
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1552018-11
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1562022-03
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1572019-11
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1582020-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1592018-10
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1602019-04
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1612022-03
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1622018-11
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1632022-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1642022-03
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1652022-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1662022-06
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1672020-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1682020-03
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1692022-09
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1702018-11
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1712022-08
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1722021-11
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1732021-12
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1742021-11
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1752023-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1762023-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1772023-07
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1782023-07
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1792023-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1802023-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1812023-02
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1822022-06
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1832017-12
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1842017-12
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1852017-12
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1862022-10
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1872022-10
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1882017-06
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1892019-04
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1902019-04
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1912021-01
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1922021-10
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1932021-10
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AcquiredDt1942020-11

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.0$0.00$24.0$2.39$1.76$0.64
2023Detailed filing. Detailed filing data is available for this year.$23.4$0.00$23.4$1.90$1.71$0.19
2022Detailed filing. Detailed filing data is available for this year.$23.2$0.00$23.2$1.44$1.81$0.37
2021Detailed filing. Detailed filing data is available for this year.$23.6$0.00$23.6$2.35$1.77$0.57
2020Detailed filing. Detailed filing data is available for this year.$23.0$0.00$23.0$0.94$1.56$0.62
2019Detailed filing. Detailed filing data is available for this year.$23.7$0.00$23.7$1.32$1.62$0.29
2018Detailed filing. Detailed filing data is available for this year.$24.0$0.00$24.0$3.18$1.57$1.61
2017Detailed filing. Detailed filing data is available for this year.$22.0$0.00$22.0$2.88$1.37$1.51
2016Detailed filing. Detailed filing data is available for this year.$20.5$0.00$20.5$0.69$1.44$0.75
2015Detailed filing. Detailed filing data is available for this year.$21.2$0.00$21.2$1.25$1.51$0.25
2014Summary only. Only limited summary data is available for this year.$21.5$0.00$2.78$1.59$1.19
2013Summary only. Only limited summary data is available for this year.$20.3$0.00$2.02$1.35$0.68
2012Summary only. Only limited summary data is available for this year.$19.7$0.01$3.46$1.29$2.18
2011Summary only. Only limited summary data is available for this year.$17.6$0.00$1.80$1.25$0.54