Angel Fund Inc is located in Tuscaloosa, AL. The organization was established in 2012. According to its NTEE Classification (G30) the organization is classified as: Cancer, 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. Angel Fund Inc 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, Angel Fund Inc generated $82.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $71.2k during the year ending 12/2023. While expenses have increased by 5.8% per year over the past 5 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRISTIAN SERVICES, MINISTRIES AND ASSISTANCE TO CHINESE STUDENTS AND FACULTY ATTENDING THE UNIVERSITY OF ALABAMA, AND FINANCIAL AND SUPPORT ASSISTANCE FOR RELIGOUS MINISTERS AND PASTORS IN THE WEST ALABAMA AREA.
MEDICAL AND FINANCIAL ASSISTANCE PROGRAM FOR CANCER CARE PATIENTS WITHIN THE WEST ALABAMA AREA WITH TRAVEL EXPENSES AND EXPENSES RELATED TO RECEIVING THEIR CANCER CARE TREATMENTS. FINANCIAL ASSISTANCE TO IMMEDIATE FAMILY MEMBERS AND CARE-GIVERS TO ASSIST IN THE CARE OF THE CANCER PATIENT AND TO ASSIST WITH POST-DEATH FINANCIAL EXPENSES.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $82,540 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $82,540 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $395 |
Other expenses | $53,701 |
Total operating and administrative expenses | $55,568 |
Contributions, gifts, grants paid | $15,626 |
Total expenses and disbursements | $71,194 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $13,099 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $13,099 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Angel Fund Inc has awarded $15,626 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
REBECCA PEDRO PURPOSE: FINANCIAL ASSISTANCE WITH MINISTRY | $2,600 |
STEPHANIE HORTON PURPOSE: FINANCIAL ASSISTANCE WITH MINISTRY | $4,000 |
JOSE ROMAN PURPOSE: FINANCIAL ASSISTANCE | $9,026 |