Michael J Armstrong Memorial Foundation Inc is a 501(c)(3) organization based in New York, New York, registered in 2003, with $17,383 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$17K
▼ 45.4% vs prior year
Education median: $200K
Expenses (FY2024)
$33K
Net assets
$10K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Michael J Armstrong Memorial Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Michael J Armstrong Memorial Foundation Inc: 4 mo reserves · -89% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Michael J Armstrong Memorial Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Michael J Armstrong Memorial Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $78K (FY2013) to $17K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-88.9%
Spent more than it raised in the latest fiscal year.
Total assets
$10K
Total liabilities
$0
Net assets
$10K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $17,383▼45.4% | $32,828▲0.4% | $10,187▼60.3% | $10,187▼60.3% | 990PF |
| 2023 | $31,835▲5.7% | $32,689▼22.4% | $25,632▼3.2% | $25,632▼3.2% | 990PF |
| 2022 | $30,119▼22.1% | $42,113▲2.9% | $26,486▼31.2% | $26,486▼31.2% | 990PF |
| 2021 | $38,687▼1.9% | $40,939▲44.9% | $38,480▼5.5% | $38,480▼5.5% | 990PF |
| 2020 | $39,454▲6.6% | $28,262▼43.7% | $40,732▲37.9% | $40,732▲37.9% | 990PF |
| 2019 | $36,995▼34.4% | $50,227▲2.0% | $29,540▼30.9% | $29,540▼30.9% | 990PF |
| 2018 | $56,419▲12.3% | $49,237▼32.8% | $42,772▲20.2% | $42,772▲20.2% | 990PF |
| 2017 | $50,248▼15.6% | $73,222▲63.4% | $35,590▼39.2% | $35,590▼39.2% | 990PF |
| 2016 | $59,547▲2.3% | $44,803▼54.0% | $58,564▲33.6% | $58,564▲33.6% | 990PF |
| 2015 | $58,180▼4.6% | $97,385▲99.2% | $43,820▼47.2% | $43,820▼47.2% | 990PF |
| 2014 | $60,995▼21.5% | $48,883▼21.6% | $83,025▲17.1% | $83,025▲17.1% | 990PF |
| 2013 | $77,683 | $62,383▼21.9% | $70,913▲27.5% | $70,913▲27.5% | 990PF |
| 2012 | — | $79,878▼5.5% | $55,613▼12.7% | $55,613▼12.7% | 990PF |
| 2011 | — | $84,527 | $63,691 | $63,691 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Michael J Armstrong Memorial Foundation Inc (EIN 75-3066743) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.