THE ARMSTRONG FAMILY FOUNDATION C/O ARIZONA COMMUNITY FOUNDATION (EIN 860846677) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

JAMES ARMSTRONG

Phone

6023811400

Tax Period

2020-04-01 to 2021-03-31

THE ARMSTRONG FAMILY FOUNDATION C/O ARIZONA COMMUNITY FOUNDATION, founded in 1996, is a micro nonprofit that reported $29K in total revenue in fiscal year 2020.

Mission

TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE ARIZONA COMMUNITY FOUNDATION, AN AZ NONPROFIT CORPORATION, SO LONG AS THE ARIZONA COMMUNITY FOUNDATION, INC. REMAINS A QUALIFIED ORGANIZATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $-29,208

Other Revenue $0

TOTAL REVENUE $-29,208

Expense Breakdown

Grants Paid $386,028

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $386,028

Other Expenses $1,446

TOTAL EXPENSES $387,474

Year-over-Year Comparison

	2020	2019	Change
Revenue	$-29,208	$-413,553	-0.9%
Expenses	$387,474	$5,311,471	-0.9%
Net Income	$-416,682	$-5,725,024	-0.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$930,620

Total Directors

$930,620

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE SELEZNOW	PRESIDENT	1.00	Officer Director	$0	$53,736	$658,203
BRENT MEKOSH	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK ARMSTRONG	DIRECTOR	1.00	Director	$0	$0	$0
TODD BELFER	DIRECTOR	1.00	Director	$0	$0	$0
JAMES D ARMSTRONG	CHAIR	1.00	Officer Director	$0	$0	$0
JO-ANN ARMSTRONG	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
JOAN LOWELL	DIRECTOR	1.00	Director	$0	$0	$0
KYLA QUINTERO	SECRETARY/TREASURER	1.00	Officer Director	$0	$25,367	$272,417

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2021	$-29,208	$387,474	No data	$-416,682
2020	$-413,553	$5,311,471	$431,707	$-5,725,024
2019	$26,794	$434,340	$6,150,972	$-407,546
2018	$269,547	$1,238,363	$6,462,609	$-968,816

THE ARMSTRONG FAMILY FOUNDATION C/O ARIZONA COMMUNITY FOUNDATION