The Armory Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133680286 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is The Armory Foundation?

The Armory Foundation, based in New York City, is a nonprofit organization dedicated to serving youth by promoting fitness and education through various athletic, educational, and community programs. As the home to America's premier indoor track and field center, they strive to keep kids engaged and motivated by offering competitive track and field activities. Additionally, they broaden their horizons with computer classes, college preparation programs, and a variety of cultural and educational activities. The Armory Foundation hosts over 100 track events annually, maintains the National Track and Field Hall of Fame, operates the largest after-school activity center in New York, and provides community support through their world-class facility. Regularly, they host track and field meets, attracting athletes and spectators from across the US. However, due to COVID-19 and certain vaccination requirements, they experienced a decrease in the number of athletes participating in practices during the 2021-22 fiscal year. Despite the challenges, they remain committed to their mission of serving the youth of all five New York City boroughs.


Official website here: www.armory.nyc

Is The Armory Foundation legitimate?

The Armory Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Armory Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $824,448
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,378,971

For more financial information, click here


Official website here: www.armory.nyc

What is the mission statement of The Armory Foundation?

The Armory Foundation is dedicated to serving youth by promoting fitness and education through a varied assortment of athletic, educational, and community programs. As a not-for-profit organization, it is committed to fostering excellence and fitness among young individuals by organizing competitive track and field activities, as well as providing computer classes, college preparation programs, and various cultural and educational activities. The Armory Foundation hosts over 100 track events annually, maintains the National Track and Field Hall of Fame, operates the largest after-school activity center in New York, and offers a range of community support programs within its world-class facility.


Official website here: www.armory.nyc

Who is the CEO of The Armory Foundation?

Jonathan Schindel is the Co-President of The Armory Foundation.


Official website here: www.armory.nyc

What is the revenue of The Armory Foundation?

The Armory Foundation's revenue in 2022 was $8,230,990.


Official website here: www.armory.nyc

Who are the executives of The Armory Foundation and what are their salaries?

The average compensation at The Armory Foundation during 2022 was $37,687. There are 85 employees and 60 volunteers at The Armory Foundation.

Here are 30 key members and their salaries:

    Rita Finkel (Co-President)
  • Compensation: $315,614
  • Related: $0
  • Other: $11,510

    • Jonathan Schindel (Co-President)
  • Compensation: $289,361
  • Related: $0
  • Other: $30,954

    • Glennis Aquino-Gil (Chief Administrative Officer)
  • Compensation: $151,167
  • Related: $0
  • Other: $14,311

    • Alberto Aquino (Director Of Youth Programming)
  • Compensation: $124,216
  • Related: $0
  • Other: $11,510

    • John Carpenter (Director Of Facilities)
  • Compensation: $123,516
  • Related: $0
  • Other: $11,510

    • Kenneth Dwyer (Building Manager)
  • Compensation: $121,678
  • Related: $0
  • Other: $11,510

    • Mary Rose Synek (Director Of Creative Develop.)
  • Compensation: $107,413
  • Related: $0
  • Other: $11,510

    • Clayton D Harding (Director Of College Counseling)
  • Compensation: $107,705
  • Related: $0
  • Other: $885

    • Michael Frankfurt (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Blum (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Stern (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandra Harris (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacqueline Valouch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jane Ott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Jenkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kerri Donner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Stone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Luna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Beth Hogan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Darling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Hogue (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Bilsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Yaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Remysell Salas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Gordon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Esnard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerry Byrne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shahabuddeen Ally (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Labreque (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wendy Hilliard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.armory.nyc

    Where can I find the form 990 for The Armory Foundation?

    The The Armory Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.armory.nyc

    Learn more at the official website: www.armory.nyc

    Mission Statement of The Armory Foundation

    The Armory Foundation, a notable not-for-profit organization, is dedicated to serving youth by promoting fitness and education. Their mission is to achieve this goal through a wide array of athletic, educational, and community programs. The foundation, known for housing the premier indoor track and field center in America, aspires to foster excellence and fitness among young individuals from all five boroughs of New York City.

    To achieve this, The Armory Foundation offers competitive track and field activities, allowing youth to hone their athletic skills. Beyond sports, the organization broadens their horizons with computer classes, college preparation programs, and a variety of cultural and school-coordinated educational activities. This holistic approach to youth development ensures that they are well-rounded individuals, prepared for the future.

    In addition to these programs, The Armory Foundation hosts over 100 track events annually, maintaining the National Track and Field Hall of Fame. They also operate the largest after-school activity center in New York, providing a safe and engaging space for youth outside of school hours. Moreover, the foundation offers a plethora of community support programs within its world-class facility, further demonstrating their commitment to serving and empowering the youth of their community.

    Impact

    This information is meant to be a general summary of The Armory Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Armory Foundation's impact is significant and far-reaching. It is dedicated to serving youth by promoting fitness and education through a wide range of athletic, educational, and community programs. The Armory hosts over 100 track and field events each year, attracting athletes and spectators from all over the United States. Additionally, it offers track practice sessions attracting thousands of young athletes, with the objective of keeping kids on track.

    The Armory Foundation, based in New York City, is committed to reaching and motivating the youth of all five boroughs by providing competitive track and field activities, educational programs, and community support initiatives. It also operates the largest after-school activity center in New York and offers various cultural and educational activities.

    Overall, The Armory Foundation plays a crucial role in promoting excellence, fitness, and educational opportunities for youth in New York City, making a positive impact on their lives and communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-137,420
  • Program Service Revenue: $3,392,994
  • Gross Receipts: $10,018,338

    • Assets and Liabilities:
  • Total Assets: $10,796,175
  • Total Liabilities: $924,230
  • Net Assets: $9,871,945
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TRACK MEETS AND EVENTS

    Revenue

    $2,519,238

    VENUE RENTALS

    Revenue

    $460,555

    ADMISSIONS

    Revenue

    $413,201

    Organization Details

    Founding Year

    1992

    Principal Officer

    Jonathan Schindel

    Main Address

    216 Fort Washington Avenue, New York, NY, 10032

    NTEE Category

    Code: Z99Z - Unknown

    If you are a representative of The Armory Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.