Totals
- Total revenue
- $543,907
- Total expenses
- $410,247
- Contributions and grants received
- $522,717
- Grants paid
- $12,500
- Program service revenue
- $0
- Investment income
- $21,190
- Other revenue
- $0
- Total assets, end of year
- $627,875
- Total liabilities, end of year
- $6,088
- Net assets or fund balances, end of year
- $621,787
- Program services expenses (Part IX)
- $298,829
- Management and general expenses
- $19,475
- Fundraising expenses
- $91,943
- Program service expenses (Part III)
- $298,829
Program services were 72.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$522,717
-
3 · Investment income
total $21,190 · excluded $21,190
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $12,500 · program services $12,500
-
6 · Compensation of disqualified persons
total $137,683 · program services $97,982 · management and general $6,953 · fundraising $32,748
-
7 · Other salaries and wages
total $52,133 · program services $37,755 · management and general $2,518 · fundraising $11,860
-
9 · Other employee benefits
total $14,712 · program services $10,500 · management and general $700 · fundraising $3,512
-
10 · Payroll taxes
total $15,991 · program services $11,581 · management and general $772 · fundraising $3,638
-
11b · Fees: legal
total $5,698 · program services $4,127 · management and general $275 · fundraising $1,296
-
11c · Fees: accounting
total $10,683 · program services $7,737 · management and general $516 · fundraising $2,430
-
11g · Fees: other
total $58,014 · program services $42,427 · management and general $2,830 · fundraising $12,757
-
12 · Advertising and promotion
total $4,576 · program services $3,314 · management and general $221 · fundraising $1,041
-
13 · Office expenses
total $2,853 · program services $2,067 · management and general $137 · fundraising $649
-
14 · Information technology
total $3,341 · program services $2,420 · management and general $161 · fundraising $760
-
17 · Travel
total $7,627 · program services $5,524 · management and general $368 · fundraising $1,735
-
19 · Conferences, conventions and meetings
total $142 · program services $103 · management and general $7 · fundraising $32
-
22 · Depreciation, depletion and amortization
total $593 · program services $593
-
23 · Insurance
total $2,953 · program services $2,138 · management and general $143 · fundraising $672
-
24a · Other expenses: PROGRAM EVENTS
total $54,580 · program services $39,527 · management and general $2,636 · fundraising $12,417
-
24b · Other expenses: PROGRAM SUPPLIES
total $23,357 · program services $16,915 · management and general $1,128 · fundraising $5,314
-
24c · Other expenses: FUNDRAISE EVENT SUPPLIES
total $953 · program services $690 · management and general $46 · fundraising $217
-
24d · Other expenses: GALA EXPENSES
total $743 · fundraising $743
-
24e · All other expenses
total $1,115 · program services $929 · management and general $64 · fundraising $122
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $484,771 · end of year $619,007
-
8 · Inventories for sale or use
beginning of year $4,156 · end of year $8,034
-
10a · Land, buildings and equipment: cost or other basis
$927
-
10b · Land, buildings and equipment: accumulated depreciation
$93
-
10c · Land, buildings and equipment, net
end of year $834
-
17 · Accounts payable and accrued expenses
beginning of year $1,300 · end of year $6,088
-
27 · Net assets without donor restrictions
beginning of year $487,627 · end of year $621,787
Mission and programs · 2024
Mission
THE ARMSTEAD ACADEMIC PROJECT INVESTS ITS TIME, RESOURCES, AND PASSION INTO CREATING STRONGER COMMUNITIES IN THE SACRAMENTO, CALIFORNIA AREA BY PROVIDING SPACE AND DIRECT SUPPORT FOR LOCAL ORGANIZATIONS THAT PROVIDE CHARITABLE SERVICES TO ECONOMICALLY DISADVANTAGED CHILDREN IN THE AREA. ARMSTEAD ACADEMIC PROJECT SEEKS OUT AND IDENTIFIES COMMUNITY LEADERS WHO ARE ALREADY MANAGING AND RUNNING UNDER-FUNDED DIRECT CHARITABLE PROGRAMS FOR CHILDREN, AND PROVIDES THOSE LEADERS AND PROGRAMS WITH ADDITIONAL RESOURCES AND INFRASTRUCTURE TO ALLOW THOSE PROGRAMS TO INCREASE THEIR SIZE AND SCALE WITHIN THE COMMUNITY. ARMSTEAD ACADEMIC PROJECT AIMS TO OBTAIN ADDITIONAL FUNDING SUFFICIENT TO ESTABLISH A PHYSICAL LOCATION THAT SERVES AS A CORNERSTONE COMMUNITY CENTER THAT IS ANCHORED IN THE SACRAMENTO AREA.
-
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. IN THEIR GRANT APPLICATIONS, APPLICANTS MUST DESCRIBE THE WORK OF THEIR AGENCY OR PROGRAM, INCLUDING A BRIEF DESCRIPTION OF THE ORGANIZATION'S PURPOSES. NEXT, THE APPLICANT MUST EXPLAIN THE SPECIFIC PROJECT TO BE FUNDED BY INCLUDING A DESCRIPTION OF THE PROJECT, ITS GOALS, A TIMELINE FOR IMPLEMENTATION, AND SPECIFIC ACTIVITIES THAT WILL BE FUNDED. APPLICANTS MUST ALSO PROVIDE A DESCRIPTION OF THE POPULATION THAT WILL BENEFIT FROM THE PROJECT RECEIVING TEH GRANT. FINALLY, APPLICANTS MUST PROVIDE AN EVALUATION OF THEIR EXPECTED RESULTS AND HOW THEY WILL MEASURE THE EFFECTIVENESS OF THEIR ACTIVITIES.
Expenses $12,500 · Grants $12,500
-
HOSTED STORYTIME EVENTS, COMMUNITY EVENTS, A FOOTBALL CAMP, A SUMMER READING PROGRAM, AND CAREER CAMPS FOR LOCAL CHILDREN.
Expenses $286,329
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jared MuelaJARED MUELA
PAST EXEC DI
- Total calculated
- $137,683
- From this org
- $137,683
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $137,683
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $137,683
-
Aaron ArmsteadAARON ARMSTEAD
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Arik ArmsteadARIK ARMSTEAD
FOUNDER & DI
- Total calculated
- $0
- Hours/week
- 1
-
Melinda ArmsteadMELINDA ARMSTEAD
FOUNDER & DI
- Total calculated
- $0
- Hours/week
- 1
-
Matt GutermuthMATT GUTERMUTH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kahlil KeysKAHLIL KEYS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michelle KimMICHELLE KIM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Amobi OkugoAMOBI OKUGO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joanne PasternackJOANNE PASTERNACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peter ScherrPETER SCHERR
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Aila MalikAILA MALIK
EXECUTIVE DI
- Total calculated
- $0
- Hours/week
- 10
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 February 2026
- IRS schema version
- 2024v5.0
- Source object
- 202640509349300134
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