The information for Alisas Angels Foundation is as of the organization's most recent filing in December '21. This organization is located in Tucson, AZ. It has been in existence for 13 years, following its founding in 2008.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Alisas Angels Foundation's NTEE code is B82. The "B" tells us that the organization is classified along with Education. The "82" tells us that the organization is focused on Scholarships & Student Financial Aid. The NTEE describes organizations in this category as those that enable students who demonstrate financial need to obtain the financial assistance they require to meet their educational and living expenses while in school.
Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to fall under section 3 of the Internal Revenue Code. The IRS describes organizations in this section as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
Perhaps the most accurate way to understand the goals of the organization is by looking at its mission. The mission of the Alisas Angels Foundation is to award scholarships to high school seniors in Arizona who give back to their communities.
Program Area 1: The scholarships program area of Alisa's Angels Foundation provides community service scholarships to graduating high school seniors in Arizona. These scholarships are awarded to students who have demonstrated a commitment to helping others and have dedicated a significant amount of time to their communities.
Program Area 2: The mentoring program within Alisa's Angels Foundation aims to create a supportive community for scholarship recipients. Through this program, students receive coaching in leadership and life skills, as well as empowerment and encouragement throughout their educational journey and beyond.
Alisas Angels Foundation is run by Jarrett Ransom, who served as the Executive Director until August. The organization has only one employee and none of them are paid over $100k per year. Supporting the staff are seven dedicated volunteers.
The Alisas Angels Foundation appears to be well-governed based on the information provided. The organization has a total of 7 voting members, all of whom are independent, indicating a diversified and unbiased decision-making process. The absence of potential conflicts of interest further strengthens the organization's governance, as it ensures that decisions are made solely in the best interest of the foundation and its beneficiaries. The fact that board meetings and committee meetings are documented demonstrates a commitment to transparency and accountability. This documentation allows for a clear record of discussions and decisions, ensuring that all members are well-informed and can contribute effectively. However, it is worth noting that the organization does not have a conflict of interest policy or require disclosure of conflicts. While this may not be a major concern given the absence of potential conflicts, implementing such policies can further enhance the organization's governance practices. Although the Alisas Angels Foundation does not have a written whistleblower policy or a document retention policy, these are not necessarily indicators of poor governance. However, it is recommended that the organization considers implementing these policies to provide clear guidelines for reporting any wrongdoing and to ensure the proper retention of important documents. Overall, the Alisas Angels Foundation demonstrates strong governance practices through its independent board members, documented meetings, and absence of potential conflicts of interest. By implementing additional policies such as conflict of interest, whistleblower, and document retention policies, the organization can further enhance its governance structure and ensure continued transparency and accountability.
Our dataset includes six years of grant history for the Alisas Angels Foundation. Over the course of those six years, they have awarded a total of 44 grants, with an average check size of $2,352. On average, the foundation awards seven grants each year. While there is no information available on the NTEE sector of the grants awarded, all 44 grants were given in the state of Arizona.
Based on the provided information, it can be concluded that the Alisas Angels Foundation has not experienced any growth over the given time period. All relevant data points, such as contributions and grants received, investment income, total revenue, grants paid, employee salaries, total expenses, total employees, and total volunteers, remained the same in 2021 as they were in 2021. Therefore, there has been no change or growth in the organization's financial and operational aspects.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jarrett Ransom Executive Director Thru August | Officer | 40 | $46,468 |
Tara Koleski Executive Director From Sept. | Officer | 40 | $19,714 |
Liz Wallendorf Board Chair | OfficerTrustee | 5 | $0 |
Michael Smith Treasurer | OfficerTrustee | 2 | $0 |
Shannon Anderson Board Member | Trustee | 1 | $0 |
Mariela Cabrera Board Member | Trustee | 1 | $0 |
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 | $66,435 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $66,435 |
Total Program Service Revenue | $0 |
Investment income | $15,528 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $16,344 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $98,307 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $52,500 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $66,183 |
Compensation of current officers, directors, key employees. | $26,473 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $5,906 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,567 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $540 |
Fees for services: Other | $1,440 |
Advertising and promotion | $2,731 |
Office expenses | $3,365 |
Information technology | $3,196 |
Royalties | $0 |
Occupancy | $30 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $16,513 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,044 |
All other expenses | $0 |
Total functional expenses | $155,015 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,621 |
Savings and temporary cash investments | $53,449 |
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 | $53,029 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $794,440 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $915,539 |
Accounts payable and accrued expenses | $3,657 |
Grants payable | $25,205 |
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 | $28,862 |
Net assets without donor restrictions | $883,177 |
Net assets with donor restrictions | $3,500 |
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 | $915,539 |
Over the last fiscal year, Alisas Angels Foundation has awarded $29,590 in support to 12 organizations.
Grant Recipient | Amount |
---|---|
JULIA GARCIA PURPOSE: SCHOLARSHIP TO ARIZONA STATE UNIVERSITY | $4,590 |
AMY ZHOU PURPOSE: SCHOLARSHIP TO YALE UNIVERSITY | $2,500 |
CHRISTINA DAVILA PURPOSE: SCHOLARSHIP TO ARIZONA STATE UNIVERSITY | $2,500 |
GRACE SCHLENKER PURPOSE: SCHOLARSHIP TO AUBURN UNIVERSITY | $2,500 |
HANNAH PO PURPOSE: SCHOLARSHIP TO UNIVERSITY OF ARIZONA | $2,500 |
EMMY HENDRICKS PURPOSE: SCHOLARSHIP TO COLORADO SCHOOL OF MINES | $2,500 |
Over the last fiscal year, we have identified 1 grants that Alisas Angels Foundation has recieved totaling $7,500.
Awarding Organization | Amount |
---|---|
Zuckerman Community Outreach Foundation Tucson, AZ PURPOSE: GENERAL SUPPORT | $7,500 |
Organization Name | Assets | Revenue |
---|---|---|
Charles And Helen Schwab Foundation San Francisco, CA | $691,573,201 | $120,025,754 |
Hispanic Scholarship Fund Gardena, CA | $152,619,685 | $60,036,131 |
Arizona Leadership Foundation Inc Scottsdale, AZ | $8,143,528 | $41,232,860 |
College Track Oakland, CA | $64,375,720 | $27,539,542 |
Business For Social Responsibility San Francisco, CA | $23,283,625 | $33,746,077 |
Alliance For Choice In Education Greenwood Village, CO | $60,249,872 | $34,038,450 |
Arizona Christian School Tuition Organization Inc Chandler, AZ | $15,419,007 | $23,692,507 |
Institute For Better Education Tucson, AZ | $37,186,348 | $28,870,649 |
Catholic Education Arizona Phoenix, AZ | $32,375,379 | $24,525,242 |
Mcconnell Foundation Redding, CA | $0 | $21,867,294 |
Arizona Tuition Connection Inc Scottsdale, AZ | $37,104,483 | $31,699,669 |
New Mexico Educational Assistance Foundation Albuquerque, NM | $392,805,656 | $19,955,288 |