Alstrom Angels Corp
- Assets
- $2.1m
- Revenue
- $760.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Lubbock, TX
- Founding
- 09/2013
- Data as of
- 12/2021
- EIN
- 80-0930101
Organization Overview
Alstrom Angels Corp is located in Lubbock, TX. The organization was established in 2013. According to its NTEE Classification (H20) the organization is classified as: Birth Defects & Genetic Diseases Research, under the broad grouping of Medical Research and related organizations. As of 12/2021, Alstrom Angels Corp employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alstrom Angels Corp 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, Alstrom Angels Corp generated $760.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.5% each year . All expenses for the organization totaled $94.5k during the year ending 12/2021. 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
SUPPORT ALSTOMS INTERNATIONAL, PROMOTE GENETIC AND MEDICAL RESEARCH, INCREASE AWARENESS OF THE RARE DISEASE AND TO PROVIDE FAMILY SUPPORT FOR THOSE AFFECTED
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE FOSTER COMMUNITY ENGAGEMENT TO CREATE AWARENESS AND PROVIDE AFFECTED FAMILIES WITH SUPPORT. THIS INCLUDES DEVELOPMENT OF MILESTONES SPECIAL NEEDS PARK, HOSTING SPECIAL NEEDS ACCOMODATED ACTIVITIES, CELEBRATIONS, AND EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cassie Johnston President | OfficerTrustee | 30 | $22,000 |
Lynn Johnston Treasurer | OfficerTrustee | 2 | $0 |
Amy Najjar Secretary | OfficerTrustee | 2 | $0 |
Meggan Wilkes Director | Trustee | 1 | $0 |
Carrie Broadus Director | Trustee | 1 | $0 |
Jonathan Silva Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $731,132 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $740,132 |
| Total Program Service Revenue | $0 |
| Investment income | $444 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $20,082 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $760,658 |
| 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. | $22,000 |
| Compensation of current officers, directors, key employees. | $8,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,315 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,927 |
| 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 | $0 |
| Fees for services: Other | $4,964 |
| Advertising and promotion | $6,307 |
| Office expenses | $1,628 |
| Information technology | $3,828 |
| Royalties | $0 |
| Occupancy | $18,730 |
| Travel | $209 |
| 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 | $0 |
| All other expenses | $7,930 |
| Total functional expenses | $94,475 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,342 |
| Savings and temporary cash investments | $2,040,762 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $49,355 |
| Total assets | $2,102,459 |
| Accounts payable and accrued expenses | $3,718 |
| 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 | $3,718 |
| Net assets without donor restrictions | $57,979 |
| Net assets with donor restrictions | $2,040,762 |
| 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 | $2,102,459 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Alstrom Angels Corp has recieved totaling $45,352.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of West Texas Lubbock, TX PURPOSE: MILESTONES DEVELOPMENT AND PLAY PARK | $45,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $352 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Health Research & Education Institute Arlington, TX | $980,489 | $4,067,494 |
National Ovarian Cancer Coalition Inc Dallas, TX | $5,398,357 | $4,328,825 |
Alstrom Angels Corp Lubbock, TX | $2,102,459 | $760,658 |
Perinatal Research Society Houston, TX | $259,562 | $0 |
Cerebral Palsy Foundation Of Greater Baton Rouge Incorporated Baton Rouge, LA | $896,515 | $31,201 |
Childrens Airway First Foundation Austin, TX | $47,078 | $0 |
Skihi Enterprises Charitable Foundation Fort Worth, TX | $30,850 | $0 |
Unlocking Autism Baton Rouge, LA | $38,698 | $0 |
Chronic Lymphocytic Leukemia Foundation Houston, TX | $83,970 | $0 |