Armour Incorporation
EIN: 824343272 · Baltimore, MD · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $165K |
| Total Expenses | $211K |
| Net Assets | $-16,109 |
Is Armour Incorporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Armour Incorporation
Armour Incorporation (EIN: 824343272) is a nonprofit organization based in Baltimore, MD, classified under NTEE code P99. The organization reported total revenue of $165K and total assets of $1K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Armour Incorporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Armour Incorporation is a small nonprofit that has been operating for 7 years.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $217K |
| Total Expenses | $211K |
| Surplus / Deficit | +$6K |
| Total Assets | $20K |
| Total Liabilities | $36K |
| Net Assets | $-16,109 |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 179.9% |
| Months of Reserves | 1.1 months |
Financial Health Grade: B
In 2024, Armour Incorporation reported a surplus of $6K with revenue exceeding expenses, holds 1.1 months of operating reserves (limited), has a debt-to-asset ratio of 179.9% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Armour Incorporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Armour Incorporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 179.9%.
Frequently Asked Questions about Armour Incorporation
Is Armour Incorporation a legitimate charity?
Armour Incorporation (EIN: 824343272) is a registered tax-exempt nonprofit based in Maryland. Total revenue: $165K. No red flags identified. Financial health grade: B.
How does Armour Incorporation spend its money?
Armour Incorporation reported $165K in total revenue in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Armour Incorporation tax-deductible?
Armour Incorporation is registered as a tax-exempt nonprofit (EIN: 824343272). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Armour Incorporation located?
Armour Incorporation is headquartered in Baltimore, Maryland and files with the IRS under EIN 824343272. It is classified under NTEE code P99.
Filing History
IRS 990 filing history for Armour Incorporation showing financial trends over 1 year of public records:
In its most recent filing year (2024), Armour Incorporation reported a surplus of $6K, with revenue exceeding expenses. The organization holds $36K in liabilities against $20K in assets (debt-to-asset ratio: 179.9%), resulting in net assets of $-16,109.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $217K | $211K | $20K | $36K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Armour Incorporation:
Data Sources and Methodology
This transparency report for Armour Incorporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.