Armour Foundation Inc
- Assets
- $1.7m
- Revenue
- $63.7k
- Investments
- $1.2m
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 06/1987
- Data as of
- 11/2021
- EIN
- 48-1023707
Organization Overview
Armour Foundation Inc is located in Wichita, KS. The organization was established in 1987. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Armour 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 11/2021, Armour Foundation Inc generated $63.7k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $107.7k during the year ending 11/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Armour Foundation Inc has awarded 16 individual grants totaling $177,400. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sid L Stark See Footnote President And Director | 1 | $2,387 | |
Sam C Seward See Footnote Treasurer And Director | 1 | $1,061 | |
Preston J Brammer Secretary And Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8 |
| Dividends & Interest | $40,508 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,255 |
| Capital Gain Net Income | $20,255 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,942 |
| Total Revenue | $63,713 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,448 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,108 |
| Depreciation | $0 |
| Occupancy | $1,835 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,621 |
| Total operating and administrative expenses | $17,667 |
| Contributions, gifts, grants paid | $90,000 |
| Total expenses and disbursements | $107,667 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $148,478 |
| 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 | $1,240 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,134,561 |
| Net Land, buildings, and equipment | $351,521 |
| Other assets | $0 |
| Total assets | $1,673,688 |
| 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, Armour Foundation Inc has awarded $90,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: PUBLIC EDUCATION AND OUTREACH | $45,000 |
Chicago, IL PURPOSE: PUBLIC EDUCATION AND OUTREACH | $35,000 |
C G JUNG SOCIETY OF ST LOUIS PURPOSE: PUBLIC EDUCATIONAL SEMINAR & STUDENT SCHOLARSHIPS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mcrel International Denver, CO | $9,203,868 | $14,483,692 |
Extension Foundation Kansas City, MO | $2,522,851 | $10,713,284 |
Biostl St Louis, MO | $11,983,607 | $9,906,335 |
Colorado Succeeds Littleton, CO | $3,295,477 | $4,371,975 |
Ku Center For Technology Commercialization Inc Kansas City, KS | $1,367,249 | $3,804,226 |
Kansas Policy Institute Wichita, KS | $1,303,303 | $1,472,050 |
Lyra Denver, CO | $1,113,355 | $1,520,796 |
Great Education Colorado Denver, CO | $185,201 | $708,537 |
Vail Summit Research And Education Foundation Vail, CO | $530,268 | $508,673 |
Colorado Futures Center At Csu Lafayette, CO | $207,115 | $339,013 |
Colorado Longitudinal Study Boulder, CO | $858,001 | $290,207 |
Foundation For A Better Economy Boulder, CO | $192 | $0 |