2014-11-07T14:14:02-06:00 2014-06-30 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2013-07-01 133680286 THE ARMORY FOUNDATION ARMO 2129231803 216 FORT WASHINGTON AVENUE NEW YORK NY 100323704 RITA FINKEL EXECUTIVE VP OF STRATEGY & FINANCE 2129231803 2014-11-06 1 ISRAEL TANNENBAUM P01589203 2128674000 2013 2015-11-30 17:44:51Z RITA FINKEL 216 FORT WASHINGTON AVENUE NEW YORK NY 100323704 5294397 0 X WWW.ARMORYTRACK.COM X 1992 NY TO SERVE YOUTH BY PROMOTING EXCELLENCE AND FITNESS THROUGH A BROAD RANGE OF ATHLETIC, EDUCATIONAL AND COMMUNITY PROGRAMS. 21 21 89 21 0 0 1963525 2281035 2745607 2783576 5545 7138 7463 209275 4722140 5281024 0 0 0 0 2155141 2331848 0 0 143053 2970885 3297249 5126026 5629097 -403886 -348073 9905764 9874313 620976 937058 9284788 8937255 X 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. 0 0 2971575 2011867 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". 533498 627959 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. 678355 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. 1048118 143750 1048118 143750 5231546 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 112 0 89 1 0 0 0 0 0 1 1 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 1 1 0 0 NY X FRAN HOFSTETTER BOOKKEEPER 2129231803 216 FORT WASHINGTON AVENUE NEW YORK NY 100323704 MIKE FRANKFURT CHAIR 10.00 X X 0 0 0 JAMES T CONROY SECRETARY 5.00 X X 0 0 0 MICHAEL BLUM TREASURER 5.00 X X 0 0 0 DAVID KUHNS DIRECTOR 5.00 X 0 0 0 ANDREW GOULD DIRECTOR 5.00 X 0 0 0 ARLENE ADLER DIRECTOR 5.00 X 0 0 0 CLAYTON BANKS DIRECTOR 5.00 X 0 0 0 LISA STONE DIRECTOR 5.00 X 0 0 0 WENDY HILLIARD DIRECTOR 5.00 X 0 0 0 GERRY BYRNE DIRECTOR 5.00 X 0 0 0 ANDREW HOGUE DIRECTOR 5.00 X 0 0 0 NINA BRODY DIRECTOR 5.00 X 0 0 0 MARIA LUNA DIRECTOR 5.00 X 0 0 0 ROBERT ESNARD DIRECTOR 5.00 X 0 0 0 RICHARD GORDON DIRECTOR 5.00 X 0 0 0 DAN SHEDRICK DIRECTOR 5.00 X 0 0 0 TIM SULLIVAN DIRECTOR 5.00 X 0 0 0 ROBERT FISHER DIRECTOR 5.00 X 0 0 0 JOHN JENKINS DIRECTOR 5.00 X 0 0 0 SHAUN MCALMONT DIRECTOR 5.00 X 0 0 0 WILL NESBITT DIRECTOR 5.00 X 0 0 0 DR NORBERT W SANDER JR EXECUTIVE DIRECTOR 35.00 X 222462 0 23245 RITA FINKEL EXECUTIVE VP OF STRATEGY & FINANCE 40.00 X 113051 0 0 KIMBERLY VERSTEEG DIRECTOR OF SPECIAL EVENTS 40.00 X 125832 0 7474 461345 0 30719 3 0 1 0 0 53850 512399 1714786 2281035 TRACK MEETS AND EVENTS 711210 1641857 1641857 VENUE RENTALS 532000 627959 627959 ADMISSIONS 711210 370010 370010 COMMUNITY PARTNER RENT 532000 143750 143750 2783576 502 502 11819 5183 6636 6636 6636 16650 53850 8190 8460 8460 MISCELLANEOUS 900099 200815 200815 200815 5281024 2783576 0 216413 X 375430 345396 15017 15017 1640299 1476323 87779 76197 172043 158189 6557 7297 144076 132483 5524 6069 29150 29150 725151 691135 34016 57584 56608 976 959484 923955 32787 2742 58044 54314 2365 1365 236050 232402 3648 1129669 1129094 575 30696 11366 19330 BAD DEBT EXPENSE 24000 24000 47421 20281 26790 350 5629097 5231546 254498 143053 740855 793341 29283 131613 60581 74728 38448 23577 18779739 9973582 8999082 8806157 37515 44897 9905764 9874313 283553 109299 87423 327759 250000 500000 620976 937058 X 9262864 8915331 21924 21924 9284788 8937255 9905764 9874313 -348073 540 0 X X 0 1 X 1 0 X 4399525 3572082 1837878 1963525 2281035 14054045 4399525 3572082 1837878 1963525 2281035 14054045 818606 13235439 6457 6623 2124 5569 502 21275 23086 27705 33462 14319 200815 299387 14374707 11990979 0.92070 0.86120 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13342986 7557057 5785929 4788990 1917889 2871101 647763 498636 149127 8806157 X 5281564 540 540 5281024 0 5281024 5629097 0 5629097 0 5629097 PART X, LINE 2: THE ARMORY HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2011 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. BENEFIT 70500 53850 16650 8190 70500 53850 16650 8190 8190 8460 X X X X 0 0 0 0 0 0 0 0 0 DR NORBERT W SANDER JR EXECUTIVE DIRECTOR 222462 0 0 0 0 0 23245 0 0 0 245707 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE EXECUTIVE DIRECTOR AND DIRECTOR OF BUSINESS OPERATIONS REVIEW THE 990 BEFORE IT IS FILED. THE 990 IS THEN REVIEWED BY THE AUDIT COMMITTEE AND FINALLY A COPY OF THE 990 IS PROVIDED TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12 THE ARMORY'S CONFLICT OF INTEREST POLICY IS REVIEWED EACH YEAR, AND SIGNED AT THE SEPTEMBER BOARD OF DIRECTOR'S MEETING OF THE YEAR. THE POLICY IS MONITORED BY DR. NORBERT SANDER WHO IS IN REGULAR CONTACT WITH THE BOARD MEMBERS. IF A CONFLICT SHOULD ARISE, DR. SANDER WOULD RECUSE THE INDIVIDUAL FROM VOTING ON THAT PARTICULAR MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION AND PERFORMANCE IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE USING COMPARABILITY DATA FOR SIMILARLY QUALIFIED PERSONS. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING FOR DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. THIS PROCESS WAS PREFORMED FOR 2013 AS WELL. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G TRACK OFFICIALS AND COACHES: PROGRAM SERVICE EXPENSES 275,949. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 275,949. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 69,026. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 32,767. TOTAL EXPENSES 101,793. EDUCATIONAL/TUTORING FEES: PROGRAM SERVICE EXPENSES 252,491. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 252,491. PUBLIC RELATIONS/MARKETING: PROGRAM SERVICE EXPENSES 93,669. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 1,249. TOTAL EXPENSES 94,918. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.