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THE ARMORY FOUNDATION

NEW YORK, NY · EIN 133680286 · Form 990 · FY2024 · NTEE Z99Z · Unknown · Medium ($1M-$10M)
revenue
$8.3M
expenses
$10.2M
net assets
$-7.2M
employees
152
volunteers
520
program ratio
91%
mission · from form 990

THE ARMORY FOUNDATION IS DEDICATED 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.

profile · synthesized from sources

The Armory Foundation fosters lifelong health and learning through track and field, educational, and wellness programs in New York City. It serves youth, high school and college students, adults, and local seniors, with a focus on underserved communities in Washington Heights, Inwood, and Harlem. The organization operates youth and high school training programs, college preparation initiatives, and year-round fitness activities for seniors.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $1.31M
    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.
  2. #2 $1.06M
    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.
named programs · 5 · from sources

What they call their work

Armory College Prep High School
Supports first-generation college-bound high school athletes with academic instruction, SAT prep, college counseling, financial aid guidance, and campus visits; serves over 60 students annually.
Armory College Prep Middle School
Engages students in grades 4–8 in math, reading, and robotics; promotes strong study habits and supports high school selection for students and families.
High School Training
Provides track and field training to up to 2,000 NYC high school students from November to April, with supplemental coaching in specialized events like hurdles, pole vault, and throws.
Senior Wellness Program
Offers structured exercise and health-related programming twice weekly, year-round, for community seniors in Upper Manhattan.
Youth Training (City Track, Little Feet, Tiny Feet)
Serves up to 500 students in grades 2–8 from Washington Heights, Inwood, and Harlem with weekly track and field instruction and structured physical activity from October to May.
activities · 8 groups

What they do

  • Track & Field Competition Support 2 activities
    • Host large-scale track and field competitions and events
      Hosts over 100 track and field competitions annually at its indoor facility, including the Millrose Games, welcoming more than 180,000 athlete visits each season and over 300,000 total visits from athletes and fans annually.
    • Provide track and field training and competition for high school athletes
      Provides track and field training to up to 2,000 high school students from New York City during the November to April season, supported by a supplemental coaching staff funded by the organization. Offers structured training and access to the indoor track facility for competitive development.
  • After-School Academic and Enrichment Programs 1 activity
    • Deliver academic enrichment programs for middle school students
      Offers an academic enrichment program for approximately 60 middle school students in grades 4–8 from Washington Heights, Inwood, and Harlem, focusing on math, reading, robotics, study habits, and high school application guidance. Also provides computer science education and academic support to local middle school students.
  • Senior Social & Enrichment Programming 1 activity
    • Deliver wellness and fitness programming for seniors
      Operates the Seniors AIM High Program, offering structured exercise and wellness programming twice weekly, year-round, for local seniors aged 60+, including fitness activities, medical consultations with doctors from CUIMC/NewYork-Presbyterian Hospital, and social events such as Dominican Independence Day and Valentine’s Day celebrations. Over 1,000 seniors have enrolled in the program.
  • Coached Athletic Training Programs 1 activity
    • Host youth track and field programs for students in grades 2–8
      Runs youth track and field programs including CityTrack (grades 6–8) and Little Feet (grades 2–5) for up to 500 students from Washington Heights, Inwood, and Harlem, offering weekly training from October to May. Provides training opportunities for students in grades 2–8 and hosts annual events such as fairs, one-mile challenges, and Real Heroes Day with FDNY and NYPD.
  • Digital Literacy Training and Technology Access 1 activity
    • Operate workforce and academic training technology lab
      Runs the SUNY Attain lab and a technology lab that provides academic and workforce training, including computer skills, to thousands of local residents. In 2016, hosted 451 adult participants who accumulated 27,708 hours of class time.
  • College Access and Success Support 1 activity
    • Operate year-round college success and college preparation program for under-resourced NYC students
      Runs Armory College Prep, a college success program for over 60 high school students annually, many of whom are first-generation college-bound, providing academic instruction, SAT preparation, college counseling, financial aid guidance, college visits, and support toward achieving four-year college degrees. The program also serves hundreds of under-resourced New York City public high school students with college preparation and academic counseling.
  • Community Festival & Event Production 1 activity
    • Organize special events and community engagement initiatives
      Hosts events such as EY Impact Day 2026, Real Friends Day, Team Armory participation in the TCS New York City Marathon, and partnerships with KPMG to build home libraries, promoting volunteer engagement, community connection, and lifelong learning.
  • Uncategorized 1 activity
    • Support community access through facility use and visitor services
      Provides visitor assistance information including transportation, lodging, dining, and pet policy details. Offers a 50% discounted membership for track use during the indoor season to residents of zip codes 10032, 10033, 10034, and 10040. Provides space rental to local nonprofits starting at $250 and complimentary use to Community Board 12 for meetings.
financials · form 990 · fy2024
revenue
Total revenue$8.26M
Contributions & grants$4.39M53%
Program service revenue$3.52M43%
Investment income$71K1%
Other revenue$278K
expenses
Total expenses$10.22M
Program expenses91%
Admin / overhead7%
Fundraising3%
Salaries & benefits$5.77M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$12.03M
Cash$2.55M
Investments$1.17M
Liabilities$19.22M
Net assets$-7.19M
Liquid reserves4.4 mo
6 years on record · 2019–2024 · YoY revenue -10.6%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 8
NameTitleHours/wkCompensation
JONATHAN B SCHINDEL CO-PRESIDENT 40 $447K
RITA M FINKEL CO-PRESIDENT 40 $446K
GLENNIS A AQUINO-GIL CHIEF OPERATING OFFICER 40 $239K
KENNETH DWYER BUILDING MANAGER 40 $184K
JOHN CARPENTER DIRECTOR OF FACILITIES 40 $181K
Alberto Aquino Director of Youth Programming 40 $172K
Clayton D Harding Director of College Admissions 40 $151K
Chenelle Francis Senior Accountant 40 $145K
board members · 17
  • ANDREW HOGUE — DIRECTOR
  • CHRIS BILSKY — DIRECTOR
  • EDWARD STERN — TREASURER
  • JACQUELINE VALOUCH — DIRECTOR (THROUGH 07/2024)
  • JANE OTT — DIRECTOR
  • JOHN JENKINS — DIRECTOR
  • KERRI DONNER — DIRECTOR
  • LISA STONE — DIRECTOR
  • MARIA LUNA — DIRECTOR
  • MARY BETH HOGAN — DIRECTOR
  • MARY DARLING — DIRECTOR
  • MICHAEL BLUM — VICE CHAIRMAN
  • MICHAEL FRANKFURT — CHAIRMAN (THROUGH 12/2025)
  • MICHAEL YAKER — DIRECTOR
  • REMYSELL SALAS — DIRECTOR (THROUGH 07/2024)
  • ROBERT ESNARD — DIRECTOR
  • SANDRA HARRIS — SECRETARY
relationships · 64

Who they work with

  • ABS PARTNERS REAL ESTATE Partner — Firm where board member Andrew Udis is affiliated
  • AllianceBernstein Partner — Supports The Armory Foundation's programming
  • American Dairy Association Northeast Partner — Supports The Armory Foundation's programming
  • Apple Bank Partner — Supports The Armory Foundation's programming
  • Associates in Internal Medicine (AIM) Partner — Partners with The Armory Foundation to deliver wellness programming for seniors, including fitness sessions and health conversations.
  • Better Business Bureau Network — Accredited charity member as recognized by the Better Business Bureau.
  • Bloomberg Philanthropies Partner — Supports The Armory Foundation's programming
  • CUIMC/NewYork-Presbyterian Hospital Partner — Collaborates with The Armory's Seniors AIM High Program to provide medical consultations for local seniors.
  • Children's Aid Society Partner — Hosts a satellite office of the Children's Aid Society at The Armory, which provides family wellness services including counseling, benefits access, and emergency assistance.
  • Cleary Gottlieb Steen & Hamilton Partner — Supports The Armory Foundation's programming
  • Colgate Partner — Supports The Armory Foundation's programming
  • Columbia Center for Teaching and Learning Partner — Hosts Columbia University’s Center for Teaching and Learning on the second floor, supporting instructor professional development in teaching practices and educational technologies.
  • Columbia University Irving Medical Center Partner — Collaborates with The Armory Foundation through its affiliate Associates in Internal Medicine to support senior wellness programming.
  • Columbia University Irving Medical Center Partner — Supports The Armory Foundation's programming
  • Columbia University Irving Medical Center (CUIMC) Partner — Hosts the CUIMC Team Relay Marathon at The Armory.
  • Columbia University Medical Center Partner — Institution where board member Sandra Harris holds a government and community affairs role
  • Community Board 12 Partner — Receives complimentary use of The Armory’s space for general and committee meetings.
  • Debevoise & Plimpton Partner — Supports The Armory Foundation's programming
  • Debevoise & Plimpton LLP Partner — Law firm where board chair Mary Beth Hogan is affiliated
  • Dr. Norbert Sander Legacy Fund Network — Fund established in honor of the late founder to support the Foundation's youth, education, and fitness mission.
  • Dynamic Productions Partner — Supports The Armory Foundation's programming
  • EY Partner — Collaborated with The Armory Foundation for EY Impact Day 2026.
  • Edge Hotel Partner — Supports The Armory Foundation's programming
  • FDNY Partner — Partnered with The Armory Foundation for the Real Heroes Day event.
  • Frankfurt Kurnit Klein & Selz Partner — Supports The Armory Foundation's programming
  • Goldman Sachs Partner — Employer of board member Andrew Hogue
  • Hogan Lovells Partner — Law firm where board member Allison Kolberg is affiliated
  • Indico Technologies Partner — Supports The Armory Foundation's programming
  • Jambar Partner — Supports The Armory Foundation's programming
  • KPMG Partner — Collaborated with The Armory Foundation to build home libraries for students.
+ 34 more
strategies · 4

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • College Access Through Comprehensive Readiness Model
    methodology: comprehensive college readiness
    By offering a full-cycle college readiness program—including academic instruction, counseling, test prep, financial aid support, and campus visits—the organization enables first-generation and underserved student-athletes to successfully transition to and persist in four-year colleges, because holistic support addresses systemic barriers to higher education.
  • Integrated Academic and Athletic Development
    methodology: academic-athletic integration
    By combining academic support with athletic training, the organization increases college access and degree attainment for student-athletes from underserved communities, because the dual focus reinforces discipline, engagement, and long-term goal setting.
  • Sustainable Youth Programming via Endowment Model
    methodology: endowment_model_for_youth_program_sustainability
    By using an endowment model to fund youth development programs, the organization ensures long-term program stability and continuity, because dedicated financial infrastructure protects programming from annual funding volatility and aligns with the founder’s vision of sustained community impact.
  • Youth Development Through Specialized Track and Field Training
    methodology: physical-activity-based youth development
    By providing access to high-quality, specialized coaching in underrepresented track and field events, the organization promotes athlete development and physical literacy, because expert instruction expands participation and excellence in disciplines otherwise unavailable in school programs.