Armstead Academic Project
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Supports local charities helping disadvantaged children by providing resources and space. For fiscal year 2025 it reported $544K in revenue, $410K in expenses, and $622K in net assets.Pt I
Summary of the Filing
Where the work happens
Armstead academic project provides fund to organizations through an application process. The project awards grants to applicants based on the following criteria: each applicant must provide a description of their project, the total cost, and the amount requested from aap.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Jared Muela’s $138K as Past Exec Di is at the 94th percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2022 |
|---|---|---|---|
| Jared Muela | $137,683 | — | — |
| Aila Malik | — | $73,191 | $51,469 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 73% | — | — |
| Overhead ratio | 5% | — | — |
| Fundraising cost ratio | 18% | — | — |
| Revenue growth | 21% | — | — |
| Legal fee ratio | 1% | — | — |
| Accounting fee ratio | 3% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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