The Angel Fund
- Assets
- $394.6k
- Revenue
- $288.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Helena, MT
- Founding
- 09/2000
- Data as of
- 06/2024
- EIN
- 81-0535130
Organization Overview
The Angel Fund is located in Helena, MT. The organization was established in 2000. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2024, Angel Fund employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Angel Fund 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 06/2024, Angel Fund generated $288.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $301.6k during the year ending 06/2024. While expenses have increased by 9.4% per year over the past 9 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.
Since 2018, Angel Fund has awarded 65 individual grants totaling $807,835. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES ASSISTANCE TO STUDENTS QUALIFYING FOR FREE/REDUCED LUNCH STATUS IN ALL 18 HELENA PUBLIC SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTANCE TO HELENA SCHOOL DISTRICT CHILDREN THAT QUALIFY FOR FREE/REDUCED LUNCH WITH SCHOOL ITEMS INCLUDING CLOTHING, SHOES, WINTER OUTERWEAR, SCHOOL SUPPLIES, BACKPACKS, CLASSROOM PROJECT SUPPLIES, FIELD TRIP FEES AND OTHER REQUIRED ITEMS NEEDED TO BE SUCCESSFUL IN THE CLASSROOM.
MONTANA POST-SECONDARY SCHOLARSHIPS TO HIGH SCHOOL GRADUATES BASED ON FINANCIAL NEED, ACADEMIC SUCCESS AND A COMMITMENT TO "PAY IT FORWARD" IN THEIR COMMUNITY. SCHOLARSHIP APPLICATIONS ARE AVAILABLE THROUGH ACCESS TO SUCCESS, CAPITAL HIGH SCHOOL , HELENA HIGH SCHOOL AND PUPILS IN ALTERNATIVE LEARNING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Anderson Board Chair | OfficerTrustee | 1 | $0 |
Brian Kessler Board Vice Chair | OfficerTrustee | 1 | $0 |
Suzanne Severin Treasurer | OfficerTrustee | 1 | $0 |
Susan Nimick Secretary | OfficerTrustee | 1 | $0 |
Steve Thennis Board Member/retired School Admin | Trustee | 1 | $0 |
Nick Radley Board Member/school Admin Rep | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $11,511 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $264,275 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $275,786 |
| Total Program Service Revenue | $0 |
| Investment income | $12,412 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $288,198 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $203,761 |
| Grants and other assistance to domestic individuals. | $38,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $38,844 |
| Compensation of current officers, directors, key employees. | $3,885 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,971 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,463 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,100 |
| Office expenses | $6,212 |
| Information technology | $500 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,600 |
| 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 | $741 |
| All other expenses | $3,941 |
| Total functional expenses | $301,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,250 |
| Savings and temporary cash investments | $288,216 |
| 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 | $10,100 |
| Total assets | $394,566 |
| Accounts payable and accrued expenses | $2,744 |
| 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 | $2,744 |
| Net assets without donor restrictions | $381,822 |
| Net assets with donor restrictions | $10,000 |
| 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 | $394,566 |
Grants Awarded
Over the last fiscal year, The Angel Fund has awarded $176,118 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
HELENA MIDDLE SCHOOL PURPOSE: PROVIDE CHILDREN NEEDING ASSISTANCE WITH THE NECESSARY SCHOOL ITEMS | $25,678 |
FOUR GEORGIANS SCHOOL PURPOSE: PROVIDE CHILDREN NEEDING ASSISTANCE WITH THE NECESSARY SCHOOL ITEMS | $8,393 |
BROADWATER SCHOOL PURPOSE: PROVIDE CHILDREN NEEDING ASSISTANCE WITH THE NECESSARY SCHOOL ITEMS | $10,211 |
KESSLER SCHOOL PURPOSE: PROVIDE CHILDREN NEEDING ASSISTANCE WITH THE NECESSARY SCHOOL ITEMS | $5,923 |
SMITH SCHOOL PURPOSE: PROVIDE CHILDREN NEEDING ASSISTANCE WITH THE NECESSARY SCHOOL ITEMS | $11,842 |
WARREN SCHOOL PURPOSE: PROVIDE CHILDREN NEEDING ASSISTANCE WITH THE NECESSARY SCHOOL ITEMS | $14,095 |