Angel Foundation Inc
- Assets
- $76.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, TN
- Founding
- 05/2004
- Data as of
- 12/2022
- EIN
- 83-0382583
Organization Overview
Angel Foundation Inc is located in Franklin, TN. The organization was established in 2004. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Angel Foundation 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 12/2022, Angel Foundation Inc generated $61.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (13.5%) each year. All expenses for the organization totaled $59.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 3 years. 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
2022
Describe the Organization's Program Activity:
Part 3
SPREAD THE GOSPEL OF JESUS CHRIST THOUGHTHE MINISTRY OF GIVING AWAY FREE BEDDING AND OTHER NECESSITIES TO CHILDREN WHO NEED COMFORTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Hammett Executive Di | 0 | $28,000 | |
Loren Johnson Board Member | 0 | $0 | |
Curtis Anderson Board Member | 0 | $0 | |
David Prince Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,601 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,601 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,952 |
| Professional fees and other payments to independent contractors | $22,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,507 |
| Total expenses | $58,959 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,727 |
| Other assets | $0 |
| Total assets | $76,685 |
| Total liabilities | $0 |
| Net assets or fund balances | $76,685 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Angel Foundation Inc has recieved totaling $33,900.
| Awarding Organization | Amount |
|---|---|
Servant Foundation Overland Park, KS PURPOSE: COMMUNITY DEVELOPMENT | $23,050 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $10,000 |
Circle Of Hope Foundation Lancaster, PA PURPOSE: PUBLIC PURPOSE | $850 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Womans Missionary Union Foundation Birmingham, AL | $53,441,982 | $5,264,026 |
Walton Electric Trust Inc Monroe, GA | $5,022,901 | $2,337,063 |
The Empty Stocking Fund Inc Atlanta, GA | $3,409,829 | $2,169,289 |
Ferst Readers Inc Madison, GA | $2,420,121 | $2,368,538 |
Kramden Institute Inc Durham, NC | $4,737,614 | $3,356,768 |
Kid One Transport System Inc Birmingham, AL | $744,962 | $1,420,128 |
Ij And Hilda M Breeden Foundation Manassas, VA | $0 | $710,250 |
Park Foundation Inc Little Rock, AR | $19,400,497 | $2,279,307 |
A Soldiers Child Inc Murfreesboro, TN | $854,539 | $1,143,994 |
Lions Pride Foundation Inc Salisbury, NC | $2,186,624 | $85,831 |
Creating Connected Communities Atlanta, GA | $683,448 | $909,666 |
Generation Next Inc Branson, MO | $381,853 | $602,003 |