Sun Angel Foundation Inc
- Assets
- $37.3m
- Revenue
- $9.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Tempe, AZ
- Founding
- 10/1954
- Data as of
- 06/2021
- EIN
- 86-0138459
Organization Overview
Sun Angel Foundation Inc, operating under the name Sun Devil Club, is located in Tempe, AZ. The organization was established in 1954. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sun Devil Club 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 06/2021, Sun Devil Club generated $9.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.5%) each year. All expenses for the organization totaled $5.7m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (20.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sun Devil Club has awarded 29 individual grants totaling $122,853,970. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
POSITIVELY REPRESENT ARIZONA STATE ATHLETICS & PROVIDE COMMUNICATION & SERVICES TO... POSITIVELY REPRESENT ARIZONA STATE ATHLETICS & PROVIDE COMMUNICATION & SERVICES TO ALL CONSTITUENTS. RAISE PRIVATE FINANCIAL SUPPORT FOR STUDENT-ATHLETE WELFARE ISSUES & ATHLETIC FACILITIES FOR ASU.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SUN ANGEL FOUNDATION RAISES AND TRANSFERS FUNDS TO THE ARIZONA STATE UNIVERSITY INTERCOLLEGIATE ATHLETIC DEPARTMENT TO SUPPORT SCHOLARSHIP AND FACILITY COSTS.
PROVIDE OPPORTUNITIES FOR ATHLETIC PROGRAM SUPPORTERS TO GATHER TO ENCOURAGE AND SUPPORT STUDENT ATHLETES. SPONSOR ATHLETIC CAMPS THAT INCLUDE COACHING CLINICS, HIGH SCHOOL CAMPS AND OTHER SPECIALIZED ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Nelson CEO | Officer | 40 | $217,872 |
Danny White Director | Trustee | 1 | $60,000 |
Frank Ferrara CFO | Officer | 6 | $39,025 |
Scott Donaldson President | OfficerTrustee | 1 | $0 |
Jennifer Moser Vice President | OfficerTrustee | 1 | $0 |
Mike Olsen Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $112,804 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,150,927 |
| Noncash contributions included in lines 1a–1f | $150,474 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,263,731 |
| Total Program Service Revenue | $91,059 |
| Investment income | $15,057 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$15,049 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,354,798 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,272,865 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $40,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $106,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $912,911 |
| Advertising and promotion | $0 |
| Office expenses | $59,066 |
| Information technology | $240 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $5,911 |
| All other expenses | $5,022 |
| Total functional expenses | $5,743,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $452,672 |
| Savings and temporary cash investments | $6,567,442 |
| Pledges and grants receivable | $27,728,678 |
| Accounts receivable, net | $2,328,912 |
| 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 | $3,750 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $174,000 |
| Total assets | $37,255,454 |
| Accounts payable and accrued expenses | $203,775 |
| 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 | $203,775 |
| Net assets without donor restrictions | $3,507,485 |
| Net assets with donor restrictions | $33,544,194 |
| 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 | $37,255,454 |
Grants Awarded
Over the last fiscal year, Sun Angel Foundation Inc has awarded $4,269,465 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ARIZONA STATE UNIVERSITY PURPOSE: IND SPORTS PROGRAMS | $4,106,857 |
ARIZONA STATE UNIVERSITY PURPOSE: GENERAL SUPPORT | $150,108 |
Tempe, AZ PURPOSE: ENDOWMENT SUPPORT | $12,500 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Sun Angel Foundation Inc has recieved totaling $1,905,694.
| Awarding Organization | Amount |
|---|---|
The Furst Family Foundation Flower Mound, TX PURPOSE: CHARITABLE DONATION. | $1,000,000 |
The Thunderbirds Phoenix, AZ PURPOSE: YOUTH DEVELOPMENT | $500,000 |
National Charitable Endowment Inc Darien, CT PURPOSE: GENERAL CHARITABLE USE | $200,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $59,500 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $58,750 |
The Thunderbirds Phoenix, AZ PURPOSE: GROWTH OF GAME | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Groundswell Fund San Francisco, CA | $42,239,063 | $24,343,616 |
Americas Best Local Charities San Rafael, CA | $3,431,052 | $16,765,664 |
Bill Hannon Foundation Los Angeles, CA | $17,238,236 | $4,285,811 |
Amg Charitable Gift Foundation Greenwood Village, CO | $149,608,626 | $31,189,759 |
It Is Written Inc Riverside, CA | $12,378,597 | $15,533,924 |
Friends Of Family Health Center La Habra, CA | $48,269,218 | $21,982,956 |
Family Assistance Ministries San Clemente, CA | $4,435,253 | $12,485,569 |
Hidaya Foundation Santa Clara, CA | $4,651,500 | $12,437,401 |
Hyundai Hope On Wheels Fountain Valley, CA | $12,616,829 | $14,561,310 |
Philanthropic Impact Fund Beverly Hills, CA | $0 | $3,313,525 |
Providence Little Company Of Mary Foundation Torrance, CA | $121,035,875 | $18,031,300 |
Cambodian Childrens Fund Santa Monica, CA | $27,120,483 | $15,367,074 |