East High Angel Foundation
- Assets
- $734.8k
- Revenue
- $326.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 08/2003
- Data as of
- 06/2021
- EIN
- 32-0069773
Organization Overview
East High Angel Foundation is located in Denver, CO. The organization was established in 2003. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East High Angel Foundation 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 06/2021, East High Angel Foundation generated $326.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $286.9k during the year ending 06/2021. While expenses have increased by 6.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE EAFAF IS TO SUPPORT EAST HIGH SCHOOL IN ACHIEVING ITS MISSION, TO WORK IN PARTNERSHIP WITH THE SCHOOL TO FOSTER COMMUNITY, TO PROMOTE STUDENT ACHIEVEMENT, TO FOSTER ALUMNI RELATIONS,TO EXPAND THE SUPPORT BASE, TO PRESERVE AND PROMOTE THE HISTORY OF THE SCHOOL AND ITS ALUMNI,
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN COORDINATION WITH PRINCIPAL YOUNGQUIST AND EAST'S FACILITIES DEPARTMENT, EAFAF CONTRIBUTED $15,000 TO THE RENOVATION OF THE TEACHER'S LOUNGE. IN ADDITION, EAFAF PAID APPROXIMATELY $10,000 FOR INSTALLATION OF COMMEMORATIVE BRICKS AND PAVERS IN THE SCHOOL ENTRYWAY AND $23,199 FOR THE INSTALLATION OF GLASS AND LIGHTING IN EAST HIGH SCHOOL'S HERITAGE HALL AND MUSEUM. THE EAST HERITAGE HALL RECOGNIZES SELECT ALUMNI WHO HAVE MADE SIGNIFICANT AND ENDURING CONTRIBUTIONS IN THEIR FIELDS OF ENDEAVOR AND HAVE ELEVATED THE STATURE OF EAST HIGH SCHOOL AND ITS STUDENTS.
FOR THE 2020-2021 SCHOOL YEAR, EAFAF FACULTY/STAFF GRANT COMMITTEE RECEIVED 20 GRANT APPLICATIONS TOTALLING APPROXIMATELY $47,500. EAFAF FULLY AND/OR PARTIALLY FUNDED 16 GRANTS FOR $27,809. THESE FUNDS ENHANCED STUDENT ACHIEVEMENT IN MUSIC, DANCE, THEATER,LIBRARY, LEADERSHIP, BUSINESS, JOURNALISM, LANGUAGES, ROBOTICS, ENGINEERING, SPECIAL EDUCATION, AND OTHER DEPARTMENTS. GRANT APPLICATIONS DECLINED LAST YEAR DUE TO THE PANDEMIC LIMITING STUDENTS AND TEACHERS ATTENDING SCHOOL IN PERSON.
THE EAST ANGEL FRIENDS AND ALUMNI FOUNDATION PROVIDES SCHOLARSHIPS TO DESERVING GRADUATING STUDENTS WHO HAVE ATTENDED EAST HIGH SCHOOL FOR A MINIMUM OF THREE YEARS AND EXHIBIT EXCELLENCE IN ACADEMICS AS WELL AS STRONG PARTICIPATION IN SCHOOL AND COMMUNITY ACTIVITIES, AND THE STUDENT MUST DEMONSTRATE CHARACTER AND COMMITMENT TO THEIR EDUCATION. FAMILY MEMBERS OF THE EAFAF BOARD ARE NOT ELIGIBLE FOR THESE SCHOLARSHIPS. FOR THE 2020-2021 SCHOOL YEAR THERE WERE 34 APPLICANTS AND EAFAF AWARDED 22 NEW INDIVIDUAL SCHOLARSHIPS AND 4 RENEWING SCHOLARSHIPS RANGING FROM $2,000 TO $25,000 FOR A TOTAL OF $150,000 AWARDED.
IN COORDINATION WITH PRINCIPAL YOUNGQUIST AND EAST'S FACILITIES DEPARTMENT, EAFAF CONTRIBUTED $15,000 TO THE RENOVATION OF THE TEACHER'S LOUNGE. IN ADDITION, EAFAF PAID APPROXIMATELY $10,000 FOR INSTALLATION OF COMMEMORATIVE BRICKS AND PAVERS IN THE SCHOOL ENTRYWAY AND $23,199 FOR THE INSTALLATION OF GLASS AND LIGHTING IN EAST HIGH SCHOOL'S HERITAGE HALL AND MUSEUM. THE EAST HERITAGE HALL RECOGNIZES SELECT ALUMNI WHO HAVE MADE SIGNIFICANT AND ENDURING CONTRIBUTIONS IN THEIR FIELDS OF ENDEAVOR AND HAVE ELEVATED THE STATURE OF EAST HIGH SCHOOL AND ITS STUDENTS.
FOR THE 2020-2021 SCHOOL YEAR, EAFAF FACULTY/STAFF GRANT COMMITTEE RECEIVED 20 GRANT APPLICATIONS TOTALLING APPROXIMATELY $47,500. EAFAF FULLY AND/OR PARTIALLY FUNDED 16 GRANTS FOR $27,809. THESE FUNDS ENHANCED STUDENT ACHIEVEMENT IN MUSIC, DANCE, THEATER,LIBRARY, LEADERSHIP, BUSINESS, JOURNALISM, LANGUAGES, ROBOTICS, ENGINEERING, SPECIAL EDUCATION, AND OTHER DEPARTMENTS. GRANT APPLICATIONS DECLINED LAST YEAR DUE TO THE PANDEMIC LIMITING STUDENTS AND TEACHERS ATTENDING SCHOOL IN PERSON.
THE EAST ANGEL FRIENDS AND ALUMNI FOUNDATION PROVIDES SCHOLARSHIPS TO DESERVING GRADUATING STUDENTS WHO HAVE ATTENDED EAST HIGH SCHOOL FOR A MINIMUM OF THREE YEARS AND EXHIBIT EXCELLENCE IN ACADEMICS AS WELL AS STRONG PARTICIPATION IN SCHOOL AND COMMUNITY ACTIVITIES, AND THE STUDENT MUST DEMONSTRATE CHARACTER AND COMMITMENT TO THEIR EDUCATION. FAMILY MEMBERS OF THE EAFAF BOARD ARE NOT ELIGIBLE FOR THESE SCHOLARSHIPS. FOR THE 2020-2021 SCHOOL YEAR THERE WERE 34 APPLICANTS AND EAFAF AWARDED 22 NEW INDIVIDUAL SCHOLARSHIPS AND 4 RENEWING SCHOLARSHIPS RANGING FROM $2,000 TO $25,000 FOR A TOTAL OF $150,000 AWARDED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah S Obregon Treasurer | OfficerTrustee | 5 | $0 |
Cameron Bertron President | OfficerTrustee | 5 | $0 |
Nikki Darre Secretary | OfficerTrustee | 5 | $0 |
Pamela Sweeney Morin Assistant Treasurer | OfficerTrustee | 5 | $0 |
Jerrel Armstrong Member At Large | Trustee | 5 | $0 |
Nora Neureiter Member At Large | Trustee | 5 | $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 | $147,690 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,690 |
| Total Program Service Revenue | $169,877 |
| Investment income | $7,922 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $472 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $325,961 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,015 |
| Grants and other assistance to domestic individuals. | $155,000 |
| 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 | $0 |
| Fees for services: Accounting | $2,128 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $775 |
| Fees for services: Other | $2,780 |
| Advertising and promotion | $5,982 |
| Office expenses | $295 |
| Information technology | $2,831 |
| 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 | $0 |
| Insurance | $1,792 |
| All other expenses | $4,758 |
| Total functional expenses | $286,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $138,746 |
| Savings and temporary cash investments | $405,711 |
| 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 | $29,025 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $161,325 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $734,807 |
| Accounts payable and accrued expenses | $8,968 |
| 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 | $8,968 |
| Net assets without donor restrictions | $0 |
| 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 | $725,839 |
| Total liabilities and net assets/fund balances | $734,807 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that East High Angel Foundation has recieved totaling $297,360.
| Awarding Organization | Amount |
|---|---|
Rose Community Foundation Denver, CO PURPOSE: General Operating Support For East High School | $200,350 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $97,010 |
Endowment Analysis
| Beg. Balance | $153,888 |
| Earnings | $5,731 |
| Admin Expense | $533 |
| Net Contributions | $2,239 |
| Ending Balance | $161,325 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Colorado State University Foundation Fort Collins, CO | $706,044,439 | $163,322,590 |
Unm Rainforest Innovations Albuquerque, NM | $22,586,721 | $58,002,418 |
University Of New Mexico Foundation Incorporated Albuquerque, NM | $270,142,035 | $53,815,950 |
Colorado School Of Mines Foundation Golden, CO | $425,843,908 | $49,131,943 |
American Indian College Fund Denver, CO | $151,570,496 | $57,441,920 |
Lincoln Institute Of Land Policy Phoenix, AZ | $774,885,329 | $64,138,879 |
Asu Enterprise Partners Tempe, AZ | $381,094,670 | $23,987,399 |
Northern Arizona University Fdn Inc Flagstaff, AZ | $256,288,832 | $37,761,443 |
New Mexico State University Foundation Inc Las Cruces, NM | $355,498,587 | $111,307,691 |
Washburn University Foundation Topeka, KS | $212,049,839 | $17,810,833 |
Fort Hays State University Foundation Hays, KS | $117,134,366 | $18,921,024 |
University Of Northern Colorado Foundation Inc Greeley, CO | $134,921,327 | $19,470,249 |