Sustainability Angels Inc
- Assets
- $1.3m
- Revenue
- $476.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 10/2006
- Data as of
- 12/2023
- EIN
- 20-2969610
Organization Overview
Sustainability Angels Inc, operating under the name Renovation Angel, is located in Alexandria, VA. The organization was established in 2006. According to its NTEE Classification (G80) the organization is classified as: Specifically Named Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renovation Angel is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Renovation Angel generated $476.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $38.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUSTAINABILITY ANGELS' PURPOSE IS: CREATING JOBS, RECYCLING, AND EARNING FUNDS FOR 501(C)(3) NON-PROFIT ORGANIZATIONS. RECYCLING LUXURY DONATION PROGRAM - LUXURY KITCHENS AND RENOVATION ITEMS DESTINED TO BE THROWN OUT ARE THE RAW MATERIALS FOR THE MUTUALLY BENEFICIAL RECYCLING PROGRAM CALLED RENOVATION ANGEL. THIS ENTREPRENEURIAL PROCESS HAS THREE COMPONENTS: A) CREATING JOBS - THE CAREFUL REMOVAL, TRANSPORTATION, AND RESALE OF LUXURY KITCHENS AND RENOVATION ITEMS CREATES NUMEROUS CONSTRUCTION, LOGISTICS, AND RETAIL JOBS AS THESE ITEMS ARE PREPARED FOR RE-PURPOSING, B) RECYCLING LUXURY - KITCHENS, BATH FIXTURES, ARCHITECTURAL ELEMENTS, AND FURNISHINGS SLATED TO BE THROWN OUT ARE DIVERTED FROM LANDFILLS, AND C)PROVIDING CHARITABLE OUTREACH - PROCEEDS EARNED FROM THE RETAIL SALES OF RECYCLED ITEMS FUND PROGRAMS AND PROJECTS TO HIGH-QUALITY NON-PROFIT ORGANIZATIONS. RENOVATION ANGEL IS A POSITIVE WAY TO CREATE JOBS, PROTECT THE ENVIRONMENT, AND SUPPORT HIGH QUALITY NON-PROFIT ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHARITABLE PURPOSE OF SUSTAINABILITY ANGELS, INC. IS FOUR-FOLD: 1) REDUCING WASTE - PROTECTING THE EARTH BY DIVERTING MILLIONS OF POUNDS FROM THE LANDFILLS THROUGH RECYCLING LUXURY KITCHENS, BATH FIXTURES, HOME FURNISHINGS, AND ARCHITECTURAL ELEMENTS 2) CREATING RECYCLING JOBS - THE WHITE-GLOVE REMOVAL, TRANSPORTATION, AND RESALE OF KITCHENS AND RENOVATION ITEMS CREATES NUMEROUS CONSTRUCTION, LOGISTICS, AND RETAIL JOBS, 3) RE- PURPOSING KITCHENS AND INTERIORS - BY RESELLING PRE-OWNED KITCHENS, RENOVATION ITEMS, AND HOME FURNISHINGS; AND 4)SUPPORTING HIGH QUALITY NON- PROFIT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Feldman Pres/treas | OfficerTrustee | 20 | $0 |
Elisabeth Feldman Vice Preside | OfficerTrustee | 20 | $0 |
Robert Fecke Secretary | Trustee | 1 | $0 |
Ken Eyler Board Member | Trustee | 1 | $0 |
Kimball Derrick Board Member | Trustee | 1 | $0 |
Sarah Robertson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,168,058 |
| Noncash contributions included in lines 1a–1f | $3,168,042 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,168,058 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$2,691,656 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $476,402 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,073 |
| Fees for services: Accounting | $10,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $144 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,931 |
| Insurance | $0 |
| All other expenses | $802 |
| Total functional expenses | $38,680 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,020 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,176,169 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,724 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $78,566 |
| Other assets | $0 |
| Total assets | $1,263,479 |
| Accounts payable and accrued expenses | $159,635 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $159,635 |
| Net assets without donor restrictions | $1,103,844 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,263,479 |
Grants Awarded
Over the last fiscal year, Sustainability Angels Inc has awarded $16,010 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TIMOTHY HILL CHILDREN'S RANCH PURPOSE: OPERATING SUPPORT | $6,010 |
THE PERFOMANCE ZONE INC PURPOSE: OPERATING SUPPORT | $10,000 |