Armins Foundation For Education
- Assets
- $105.7k
- Revenue
- $45.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Delaware, OH
- Founding
- 07/2017
- Data as of
- 12/2021
- EIN
- 81-5452668
Organization Overview
Armins Foundation For Education is located in Delaware, OH. The organization was established in 2017. According to its NTEE Classification (B80) the organization is classified as: Student Services, 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. Armins Foundation For Education 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, Armins Foundation For Education generated $45.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (24.0%) each year. All expenses for the organization totaled $62.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION ADVANCEMENT
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $28,264 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $16,850 |
| 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 | $45,114 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,135 |
| Depreciation | $3,859 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,864 |
| Other expenses | $1,844 |
| Total operating and administrative expenses | $10,852 |
| Contributions, gifts, grants paid | $52,000 |
| Total expenses and disbursements | $62,852 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $105,723 |
| Other assets | $0 |
| Total assets | $105,723 |
| 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, Armins Foundation For Education has awarded $3,700 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Lewis Center, OH PURPOSE: RELIGIOUS-CHURCH | $1,200 |
Manhattan, KS PURPOSE: SECONDARY EDUCATION | $1,000 |
Montgomery Village, MD PURPOSE: AID TO POOR CHILDREN | $1,000 |
PEOPLE IN NEED INC PURPOSE: AID TO THE POOR | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Learning Lamp Inc Johnstown, PA | $5,123,554 | $8,804,669 |
West Chester University Student Services Inc West Chester, PA | $13,094,103 | $8,544,648 |
Student Association Inc California, PA | $24,020,549 | $6,805,716 |
Ulh Inc Louisville, KY | $43,242,391 | $8,714,119 |
Student Cooperative Association Inc Indiana, PA | $29,525,625 | $9,645,452 |
St Richards Episcopal School Inc Indianapolis, IN | $7,903,240 | $8,220,248 |
Green River Regional Education Cooperative Inc Bowling Green, KY | $8,161,400 | $7,463,495 |
Shippensburg University Student Services Inc Shippensburg, PA | $2,959,085 | $3,291,326 |
Ross-Ade Foundation West Lafayette, IN | $185,779,035 | $4,230,686 |
Little Buns Inc Carmel, IN | $470,846 | $4,308,621 |
The New Common School Foundation Detroit, MI | $40,234,956 | $5,515,596 |
Kutztown University Student Services Inc Kutztown, PA | $8,214,790 | $4,234,539 |