Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2022.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
92 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
5 people listed on the 990; $34K paid to officers and key staff.
Eric Latchford’s $34K as Former Director is at the 88th percentile of top reported officer pay among 98 <$100K recreation & sports 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.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Fosters community unity through events, sports, and programs building healthy relationships.
Questions for Tyrone Armory INC
Your first name shows with your question. Tyrone Armory INC answers here, for everyone.
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To provide a space for events, sports, small groups and programs to develope healthy and strong relationships that unify our community.
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $3K | $36K |
| Total assetsLn 16 | $3K | $36K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $3K | $36K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $41K | $41K | ||
| Advertising and promotionLn 12 | $988 | $988 | ||
| Office expensesLn 13 | $5K | $5K | ||
| OccupancyLn 16 | $64K | $64K | ||
| InsuranceLn 23 | $11K | $11K | ||
| Other expenses (24a–d)Ln 24 | $94K | $93K | $772 | |
| Total functional expensesLn 25 | $216K | $199K | $17K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $68K | $72K | −$4K | −$781 | 990 PDF |
| FY2023 | Not on file | ||||
| FY2022 Viewing | $250K | $216K | $34K | $36K | 990 PDF |
| FY2021 | $89K | $3K | 990 PDF | ||
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $249,509 revenue, 12 lines filed
Part VI · Governance 3 to look at
Part VIII · Statement of revenue $249,509 across 6 lines filed
Part IX · Statement of functional expenses $215,965 across 6 lines filed
Part X · Balance sheet $36,462 assets, 5 lines filed
Part XI · Reconciliation of net assets $36,462 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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