EIN 13-3680286

The Armory Foundation

IRS 501(c) type
501(c)(3)
Num. employees
85
Year formed
1992
Most recent tax filings
2022-06-01
Description
The Armory Foundation promotes fitness and education for youth through athletic, educational, and community programs at its premier indoor track center in NYC.
Total revenues
$8,230,990
2022
Total expenses
$7,905,763
2022
Total assets
$10,796,175
2022
Num. employees
85
2022

Program areas at The Armory Foundation

Track and field meets: typically, over 100 track and field meets are held each year at The Armory ranging in size from 100 athletes to over 5,000. The Armory track is considered to be The fastest track in The world and attracts athletes and spectators from all over The united states. However, due to covid-19, approximately 10% of usual track and field meets at The Armory were cancelled during The 2021-22 fiscal year, and fewer spectators attended those track & field meets that we hosted. Track practices: in a normal year, The Armory hosts 220 track practice sessions each season attracting approximately 50,000 visits of mostly young athletes. The track season runs from october through The middle of april. The objective is to fulfill The mission of The Armory of keeping kids on track. However, because of covid-19 surges and certain vaccination requirements applicable to The Armory, The number of athletes practicing was less than in a typical year.
High school training: in a typical year, 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. Many coaches are fluent in one of The events of track and field. Few 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, little feet and tiny feet programs. A full coaching staff is provided to The children to teach The basics of track and field and to ensure The children have plenty of fun at The same time. As a result of covid-19 and certain new york city vaccination requirements, these practices were approximately 50% smaller than in a typical year.
Armory college prep high school: this is a focused 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 100 students each year to complete high school, gain acceptance to and to succeed at college. Due to covid-19, The number of students in acp was reduced by aproximately 30%. Armory college prep middle school: 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 and robotics, encourage good study habits and provide guidance on high school choice for children and their families. Despite covid-19, The Armory has experienced steady enrollment of approximately 35 students.
Armory College Prep Middle School
Youth Training
SUNY Attain Lab/Community Partners
Hall of Fame
Community Relations
Other

Who funds The Armory Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
New York Road RunnersGrants 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.$525,683
Flom Family FoundationContinue To Support Programs That Help Students Develop A Lifelong Love Of, and Commitment To, Both Exercise and Learning$150,000
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$108,500
...and 18 more grants received totalling $1,104,119

Personnel at The Armory Foundation

NameTitleCompensation
Rita FinkelPresident , Chief Operating Officer , Director of Armory College Prep$315,614
Jonathan SchindelPresident , Chief Financial Officer$289,361
Glennis Aquino-GilChief Administrative Officer and Community Liaison$151,167
Tom HealyDirector of Operations
Amber ZabrinaDirector of Special Events and Donor Relations
...and 23 more key personnel

Financials for The Armory Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$4,884,236
Program services$3,392,994
Investment income and dividends$40,854
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$46,395
Net gain from sale of non-inventory assets$-178,274
Net income from fundraising events$22,337
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$22,448
Total revenues$8,230,990

Form 990s for The Armory Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-04-06990View PDF
2020-062021-05-05990View PDF
2019-062021-01-28990View PDF
2018-062019-10-31990View PDF
2018-062019-06-19990View PDF
...and 8 more Form 990s
Data update history
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 10, 2023
Used new vendors
Identified 1 new vendor, including
May 23, 2023
Updated personnel
Identified 6 new personnel
May 21, 2023
Updated personnel
Identified 3 new personnel
May 7, 2023
Received grants
Identified 1 new grant, including a grant for $20,000 from Rudin Management Company
Nonprofit Types
Parks and recreation centersCharities
Issues
EducationHuman servicesSports
Characteristics
LobbyingFundraising eventsReceives government fundingEndowed supportTax deductible donations
General information
Address
216 Fort Washington Ave
New York, NY 10032
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
armory.nyc/ 
Phone
(212) 923-1803
Facebook page
armoryfoundation 
IRS details
EIN
13-3680286
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N40: Sports Training Facilities, Agencies
NAICS code, primary
713940: Fitness and Recreational Sports Centers
Parent/child status
Independent
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