Arms Foundation Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dayton, OH
- Founding
- 07/2015
- Data as of
- 11/2022
- EIN
- 47-1294408
Organization Overview
Arms Foundation Inc is located in Dayton, OH. The organization was established in 2015. According to its NTEE Classification (N62) the organization is classified as: Basketball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arms Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2022, Arms Foundation Inc generated $501.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (36.9%) each year. All expenses for the organization totaled $694.0 during the year ending 11/2022. As we would expect to see with falling revenues, expenses have declined by (31.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ARMS FOUNDATION HAS HISTORICALLY SPONSORED SEVERAL COMMUNITY EVENTS FOR DISADVANTAGED YOUTH, INCLUDING THE ATTENDANCE OF 4H CAMP, ART CAMP AND BASKETBALL CAMP. HOWEVER, THE ORGANIZATION HAS PAUSED ACTIVITIES AS A RESULT OF THE COVID-19 PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth L Bazemore Jr Pres, Treas, Secr, Directo | 15 | $0 | |
Tom Whalen Assistant Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $501 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $231 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $463 |
| Total expenses | $694 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |