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Nonprofit · EIN 13-3680286

THE ARMORY FOUNDATION

Tax-exempt · NEW YORK, NY 10032

Financials

$7.8M$8.2M2022$9.2M$10.3M2023$8.3M$10.2M2024
Revenue Expenses · by fiscal year end
Financials of THE ARMORY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990 (amended)$8,258,950$10,221,126-$1,962,176$12,025,473$19,217,343-$7,191,870
June 30, 2024990 (amended)$9,239,866$10,272,523-$1,032,657$14,008,903$19,137,306-$5,128,403
June 30, 2023990 (amended)$7,765,283$8,191,894-$426,611$9,551,686$559,757$8,991,929
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$4,387,289
of which government grants
$296,250
Program service revenue
$3,522,681
Investment income
$71,373
Net rental income
$430,139
Net gain from sales of assets
$12
Net income from fundraising events
-$63,264
Net income from sales of inventory
-$184,445
Other revenue
$277,607

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,035,587
Other salaries and wages
$3,636,229
Salaries, compensation and benefits (total)
$5,769,721
Professional fundraising fees
$0
Legal fees
$4,138
Accounting fees
$90,326
Travel
$173,621
Depreciation
$974,150
Program services (functional)
$9,263,197
Management and general (functional)
$664,073
Fundraising (functional)
$293,856

Balance sheet and other

Total assets, start of year
$14,008,903
Total assets, end of year
$12,025,473
Total liabilities, end of year
$19,217,343
Net assets, end of year
-$7,191,870
Land, buildings and equipment
$7,143,261
Publicly traded securities
$1,169,304
Net assets without donor restrictions
-$7,191,870
Gross unrelated business income
$223,888
Gross receipts
$9,518,325
Employees
152
Volunteers
520
Year formed
1992
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JONATHAN B SCHINDELCO-PRESIDENT
Trustee or director, Officer
40$390,255$56,885
RITA M FINKELCO-PRESIDENT
Trustee or director, Officer
40$407,859$38,026
GLENNIS A AQUINO-GILCHIEF OPERATING OFFICER
Officer
40$237,473$1,300
KENNETH DWYERBUILDING MANAGER
Highest-paid employee
40$138,697$44,942
JOHN CARPENTERDIRECTOR OF FACILITIES
Highest-paid employee
40$142,208$38,977
Alberto AquinoDirector of Youth Programming
Highest-paid employee
40$127,889$44,451
Clayton D HardingDirector of College Admissions
Highest-paid employee
40$126,193$24,942
Chenelle FrancisSenior Accountant
Highest-paid employee
40$129,769$14,942
EDWARD STERNTREASURER
Trustee or director, Officer
2$0$0
MICHAEL BLUMVICE CHAIRMAN
Trustee or director, Officer
2$0$0
MICHAEL FRANKFURTCHAIRMAN (THROUGH 12/2025)
Trustee or director, Officer
2$0$0
SANDRA HARRISSECRETARY
Trustee or director, Officer
2$0$0
ANDREW HOGUEDIRECTOR
Trustee or director
2$0$0
CHRIS BILSKYDIRECTOR
Trustee or director
2$0$0
JACQUELINE VALOUCHDIRECTOR (THROUGH 07/2024)
Trustee or director
2$0$0
11 more people on this return
NameTitleHours / weekCompensation
JANE OTTDIRECTOR
Trustee or director
2$0
JOHN JENKINSDIRECTOR
Trustee or director
2$0
KERRI DONNERDIRECTOR
Trustee or director
2$0
LISA STONEDIRECTOR
Trustee or director
2$0
MARIA LUNADIRECTOR
Trustee or director
2$0
MARY BETH HOGANDIRECTOR
Trustee or director
2$0
MARY DARLINGDIRECTOR
Trustee or director
2$0
MICHAEL YAKERDIRECTOR
Trustee or director
2$0
REMYSELL SALASDIRECTOR (THROUGH 07/2024)
Trustee or director
2$0
ROBERT ESNARDDIRECTOR
Trustee or director
2$0
WENDY HILLIARDDIRECTOR
Trustee or director
2$0
990 for the year ended June 30, 2024: 26 people
NameTitleHours / weekCompensationOther / benefits
JONATHAN B SCHINDELCO-PRESIDENT
Trustee or director, Officer
40$351,440$29,955
RITA M FINKELCO-PRESIDENT
Trustee or director, Officer
40$363,771$15,478
GLENNIS A AQUINO-GILCHIEF OPERATING OFFICER
Officer
40$212,878$1,000
JOHN CARPENTERDIRECTOR OF FACILITIES
Highest-paid employee
40$141,669$15,478
KENNETH DWYERBUILDING MANAGER
Highest-paid employee
40$134,855$15,478
Mary Rose SynekDir. of Writing Institute
Highest-paid employee
40$120,836$15,478
Clayton D HardingDirector of College Admissions
Highest-paid employee
40$119,104$1,000
Tom HealyDirector of Operations
Highest-paid employee
40$113,515$1,000
EDWARD STERNTREASURER
Trustee or director, Officer
2$0$0
MICHAEL BLUMVICE CHAIRMAN
Trustee or director, Officer
2$0$0
MICHAEL FRANKFURTCHAIRMAN
Trustee or director, Officer
2$0$0
SANDRA HARRISSECRETARY
Trustee or director, Officer
2$0$0
ANDREW HOGUEDIRECTOR
Trustee or director
2$0$0
CHRIS BILSKYDIRECTOR
Trustee or director
2$0$0
JACQUELINE VALOUCHDIRECTOR
Trustee or director
2$0$0
JANE OTTDIRECTOR
Trustee or director
2$0$0
JOHN JENKINSDIRECTOR
Trustee or director
2$0$0
KERRI DONNERDIRECTOR
Trustee or director
2$0$0
LISA STONEDIRECTOR
Trustee or director
2$0$0
MARIA LUNADIRECTOR
Trustee or director
2$0$0
MARY BETH HOGANDIRECTOR
Trustee or director
2$0$0
MARY DARLINGDIRECTOR
Trustee or director
2$0$0
MICHAEL YAKERDIRECTOR
Trustee or director
2$0$0
REMYSELL SALASDIRECTOR
Trustee or director
2$0$0
ROBERT ESNARDDIRECTOR
Trustee or director
2$0$0
WENDY HILLIARDDIRECTOR
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 30 people
NameTitleHours / weekCompensationOther / benefits
JONATHAN SCHINDELCO-PRESIDENT
Officer
45$309,607$39,556
RITA FINKELCO-PRESIDENT
Officer
45$329,547$14,529
GLENNIS AQUINO-GILCHIEF ADMINISTRATIVE OFFICER
Officer
45$149,417$14,529
JOHN CARPENTERDIRECTOR OF FACILITIES
Highest-paid employee
40$128,304$14,529
KENNETH DWYERBUILDING MANAGER
Highest-paid employee
40$127,629$14,529
ALBERTO AQUINODIRECTOR OF YOUTH PROGRAMMING
Highest-paid employee
40$123,267$14,529
MARY ROSE SYNEKDIRECTOR OF INST. WRITING & AR
Highest-paid employee
40$112,388$14,529
CLAYTON D HARDINGDIRECTOR OF WRITING INSTITUTE
Highest-paid employee
40$112,672$1,000
EDWARD STERNTREASURER
Trustee or director, Officer
2$0$0
MICHAEL BLUMVICE CHAIRMAN
Trustee or director, Officer
2$0$0
MICHAEL FRANKFURTCHAIRMAN
Trustee or director, Officer
2$0$0
SANDRA HARRISSECRETARY
Trustee or director, Officer
2$0$0
ANDREW HOGUEDIRECTOR
Trustee or director
2$0$0
CHRIS BILSKYDIRECTOR
Trustee or director
2$0$0
GERRY BYRNEDIRECTOR
Trustee or director
2$0$0
JACQUELINE VALOUCHDIRECTOR
Trustee or director
2$0$0
JANE OTTDIRECTOR
Trustee or director
2$0$0
JOHN JENKINSDIRECTOR
Trustee or director
2$0$0
KERRI DONNERDIRECTOR
Trustee or director
2$0$0
LISA STONEDIRECTOR
Trustee or director
2$0$0
MARIA LUNADIRECTOR
Trustee or director
2$0$0
MARY BETH HOGANDIRECTOR
Trustee or director
2$0$0
MARY DARLINGDIRECTOR
Trustee or director
2$0$0
MICHAEL YAKERDIRECTOR
Trustee or director
2$0$0
REMYSELL SALASDIRECTOR
Trustee or director
2$0$0
RICHARD GORDONDIRECTOR
Trustee or director
2$0$0
ROBERT ESNARDDIRECTOR
Trustee or director
2$0$0
SHAHABUDD EEN ALLYDIRECTOR
Trustee or director
2$0$0
TOM LABREQUEDIRECTOR
Trustee or director
2$0$0
WENDY HILLIARDDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
216 FORT WASHINGTON AVE, NEW YORK, NY 10032-1322
In care of
% CHENELLE FRANCIS
Principal officer (990 for 2024)
JONATHAN SCHINDEL, 216 FORT WASHINGTON AVENUE, NEW YORK, NY 10032
Signed the 990
JONATHAN SCHINDEL, CO-PRESIDENT AND CFO
Phone
(212) 923-1803
Return prepared by
CROWE LLP

Mission

THE ARMORY FOUNDATION, A NYC NOT-FOR-PROFIT AND HOME TO THE PREMIER INDOOR TRACK AND FIELD CENTER IN AMERICA, IS COMMITTED TO FOSTERING LIFELONG HEALTH AND LEARNING BY SERVING YOUTH, HIGH SCHOOL STUDENTS, COLLEGE STUDENTS, ADULTS AND LOCAL SENIORS THROUGH TRACK & FIELD, EDUCATIONAL AND WELLNESS PROGRAMS. THE ARMORY 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 EDUCATIONAL CLASSES, COLLEGE PREPARATION PROGRAMS AND A VARIETY OF CULTURAL AND SCHOOL-COORDINATED EDUCATIONAL ACTIVITIES. THE ARMORY FOUNDATION HOSTS OVER 105 TRACK EVENTS EACH YEAR, MAINTAINS THE NATIONAL TRACK AND FIELD HALL OF FAME, OPERATES THE LARGEST AFTERSCHOOL ACTIVITY CENTER IN NEW YORK AND OFFERS A VARIETY OF COMMUNITY SUPPORT PROGRAMS IN ITS WORLD CLASS FACILITY.

990 for the year ended June 30, 2025

Program accomplishments

  • TRACK AND FIELD MEETS: OVER 105 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. TRACK PRACTICES: IN A NORMAL YEAR, THE ARMORY HOSTS 220 TRACK PRACTICE SESSIONS ATTRACTING APPROXIMATELY 70,000 VISITS OF MOSTLY YOUNG ATHLETES. PROGRAMMING EXTENDS BEYOND YOUTH AND REACHES COMMUNITY ADULTS AND SENIORS, BUT THE FOCUS REMAINS ON YOUTH. THE MAIN TRACK SEASON RUNS FROM OCTOBER THROUGH THE MIDDLE OF APRIL, BUT PROGRAMMING CONTINUES THROUGHOUT THE YEAR. THE OBJECTIVE IS TO FULFILL THE MISSION OF THE ARMORY OF KEEPING EVERYONE ON TRACK.
    Expenses $4,687,044 · revenue $3,244,660
  • HIGH SCHOOL TRAINING: 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. MOST STUDENTS HAVE COACHES WHO ARE FLUENT IN ONE OF THE EVENTS OF TRACK AND FIELD. ONLY VERY FEW OF THEM 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, AND LITTLE FEET PROGRAMS. FULL COACHING STAFF IS PROVIDED TO THE CHILDREN TO TEACH THE BASICS OF TRACK AND FIELD AND ENSURE THE CHILDREN HAVE PLENTY OF FUN AT THE SAME TIME. THE ARMORY HAS STRUCTURED EXERCISE AND HEALTH-RELATED PROGRAMMING TWICE PER WEEK, YEAR-ROUND, FOR COMMUNITY SENIORS.
    Expenses $1,306,412
  • ARMORY COLLEGE PREP HIGH SCHOOL: THIS IS A COLLEGE SUCCESS 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 60 STUDENTS EACH YEAR TO COMPLETE HIGH SCHOOL, GAIN ACCEPTANCE TO FOUR-YEAR COLLEGES AND TO SUCCEED AT COLLEGE.
    Expenses $1,059,963 · revenue $82,000
  • ARMORY COLLEGE PREP MIDDLE SCHOOL, ALSO KNOWN AS GREAT MINDS: 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, STEAM AND FINANCIAL LITERACY WHILE WE ENCOURAGE GOOD STUDY HABITS AND PROVIDE GUIDANCE ON HIGH SCHOOL CHOICE FOR CHILDREN AND THEIR FAMILIES. THE PROGRAM ALSO INCLUDES PARTICIPATION IN THE STOCK MARKET GAME, WHERE GROUPS OF OUR STUDENTS LEARN ABOUT THE ECONOMY, INVESTING AND WORLD EVENTS VIA INVESTING $100,000 OF FICTITIOUS MONEY IN THE STOCK MARKET. THE ARMORY HAS EXPERIENCED STEADY ENROLLMENT OF APPROXIMATELY 60 STUDENTS IN THE GREAT MINDS PROGRAM.
    Expenses $609,904 · revenue $25,000
  • COMMUNITY PARTNERS
    Expenses $354,085 · revenue $166,198
  • YOUTH TRAINING
    Expenses $343,752
  • ADULTS & COLLEGES TRAINING
    Expenses $313,889
  • COMMUNITY RELATIONS
    Expenses $267,148
  • MUSEUM HALL OF FAME
    Expenses $166,091
  • AIM HIGH SENIORS TRAINING
    Expenses $154,909 · revenue $100,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
13-3680286
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1992
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Unknown (Z99Z)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$8,258,950$10,221,126$12,025,473IRS
990-TJune 2025–––IRS
990June 2024$9,239,866$10,272,523$14,008,903XML
990-TJune 2024–––IRS
990June 2023$7,765,283$8,191,894$9,551,686XML
990-TJune 2023–––IRS
990June 2022$8,230,990$7,905,763$10,796,175IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3680286).

Questions about THE ARMORY FOUNDATION

What is the EIN of THE ARMORY FOUNDATION?
The employer identification number (EIN) of THE ARMORY FOUNDATION is 13-3680286.
Is THE ARMORY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to THE ARMORY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE ARMORY FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE ARMORY FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE ARMORY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of THE ARMORY FOUNDATION?
The 990 for the year ended June 30, 2025 names JONATHAN SCHINDEL.
Who are the officers and directors of THE ARMORY FOUNDATION?
The 990 for the year ended June 30, 2025 lists 26 people; 8 received compensation from the organization, the highest $390,255 (JONATHAN B SCHINDEL, CO-PRESIDENT).
How much revenue does THE ARMORY FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $8,258,950, expenses of $10,221,126 and total assets of $12,025,473 at year end.

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