Angel Hugs Foundation Inc is located in Miami Lakes, FL. According to its NTEE Classification (I12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Angel Hugs 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 12/2021, Angel Hugs Foundation Inc generated $45.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (12.0%) each year. All expenses for the organization totaled $49.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 2 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
2021
Describe the Organization's Program Activity:
Part 3
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Emily Villafane President & CEO | 56 | $0 | |
Bridget Haxso Vice President | 0 | $0 | |
Edith Vargas Treasurer | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $45,815 |
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 | $45,815 |
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 | $1,188 |
Occupancy, rent, utilities, and maintenance | $17,988 |
Printing, publications, postage, and shipping | $23 |
Other expenses | $30,518 |
Total expenses | $49,717 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,052 |
Other assets | $0 |
Total assets | $51,052 |
Total liabilities | $7,521 |
Net assets or fund balances | $43,531 |