Armey Family Foundation Inc
- Assets
- $122.1k
- Revenue
- $69.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Fresno, CA
- Founding
- 08/1964
- Data as of
- 12/2021
- EIN
- 94-6098400
Organization Overview
Armey Family Foundation Inc is located in Fresno, CA. The organization was established in 1964. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Armey Family 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 12/2021, Armey Family Foundation Inc generated $69.2k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $49.2k during the year ending 12/2021. While expenses have increased by 4.3% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Armey CEO | 20 | $0 | |
Jennifer Armey Secretary | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $51,887 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,266 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $69,153 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $49,150 |
| Total expenses and disbursements | $49,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,985 |
| Savings and temporary cash investments | $115,152 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $122,137 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Armey Family Foundation Inc has awarded $49,150 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
BREAK THE BARRIERS PURPOSE: TO AID ORGANIZATIONAL OPERATIONS | $2,000 |
CARMEL PRESBYTERIAN CHURCH PURPOSE: TO AID ORGANIZATIONAL OPERATIONS | $8,000 |
CENTER FOR MOSLEM MINISTRIES PURPOSE: TO AID ORGANIZATIONAL OPERATIONS | $500 |
EVANGEL HOME PURPOSE: TO AID ORGANIZATIONAL OPERATIONS | $2,500 |
FRESNO RESCUE MISSION PURPOSE: TO AID ORGANIZATIONAL OPERATIONS | $6,000 |
FRESNO PACIFIC UNIVERSITY PURPOSE: TO AID ORGANIZATIONAL OPERATIONS | $1,000 |