Southwest Angel Network For Social Impact Inc is located in Dripping Spgs, TX. The organization was established in 2015. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Southwest Angel Network For Social Impact 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 12/2021, Southwest Angel Network For Social Impact Inc generated $128.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 18.7% each year . All expenses for the organization totaled $97.8k during the year ending 12/2021. While expenses have increased by 13.3% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
OUR INVESTORS WERE EDUCATED ON HOW TO THINK ABOUT MAKE IMPACT COMPANY INVESTMENTS AND INVESTED $4.6M IN IMPACT COMPANIES DURING THE YEAR. WE HELP TO EDUCATE 200 COMPANIES ON FUND RAISING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bob Bridge Consultant Acting As Executive Dire | 50 | $44,321 | |
Steve Maysonave Investor | 25 | $18,750 | |
Heather Gilker Director | 15 | $8,000 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $127,685 |
Total Program Service Revenue | $380 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $3 |
Total Revenue | $128,068 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $79,962 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $13,788 |
Total expenses | $97,750 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $48,473 |
Other assets | $0 |
Total assets | $56,206 |
Total liabilities | $7,927 |
Net assets or fund balances | $48,279 |
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