Armstrong-Clark Foundation
- Assets
- $1.6m
- Revenue
- $118.4k
- Investments
- $1.6m
- Employees
- 0
- Location
- Roswell, NM
- Founding
- 01/2005
- Data as of
- 12/2022
- EIN
- 68-0554826
Organization Overview
Armstrong-Clark Foundation is located in Roswell, NM. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Armstrong-Clark Foundation 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 12/2022, Armstrong-Clark Foundation generated $118.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $82.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Armstrong-Clark Foundation has awarded 87 individual grants totaling $659,731. 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 |
|---|---|---|---|
Robert G Armstrong Treas/direct | 0 | $0 | |
Sara Clark Armstrong Pres/directo | 0 | $0 | |
Shirley Childress Director | 0 | $500 | |
Kyle A Armstrong Director | 0 | $0 | |
Yasine Armstrong Vp/director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $45,000 |
| Interest on Savings | $365 |
| Dividends & Interest | $46,763 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$9,833 |
| Capital Gain Net Income | $847 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $36,109 |
| Total Revenue | $118,404 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,118 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,919 |
| Total operating and administrative expenses | $11,479 |
| Contributions, gifts, grants paid | $70,800 |
| Total expenses and disbursements | $82,279 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $45,386 |
| 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 | $88,522 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,597,951 |
| 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, Armstrong-Clark Foundation has awarded $70,800 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
THE FIRST TEE PURPOSE: 2022 DONATION | $9,500 |
BIG BROTHERSBIG SISTERS PURPOSE: 2022 DONATION | $4,500 |
ROSWELL SYMPHONY ORCHESTRA PURPOSE: 2022 DONATION | $10,000 |
BOYS GIRLS CLUB PURPOSE: 2022 DONATION | $8,000 |
ASSISTANCE LEAGUE OF CHAVES COUNTY PURPOSE: 2022 DONATION | $5,000 |
CHAVES COUNTY CASA PURPOSE: 2022 DONATION | $8,800 |