Angel Capital Association
- Assets
- $633.3k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 8
- Location
- Overland, KS
- Founding
- 10/2006
- Data as of
- 06/2023
- EIN
- 20-3398404
Organization Overview
Angel Capital Association is located in Overland, KS. The organization was established in 2006. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Angel Capital Association employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Angel Capital Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2023, Angel Capital Association generated $1.0m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FUEL MEMBER SUCCESS THROUGH ADVOCACY, EDUCATION, AND CONNECTION BUILDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOLDING ANNUAL SUMMITS AND REGULAR REGIONAL MEETINGS OF ANGEL GROUPS. DEVELOPING BEST PRACTICES, AND INCREASING ACCESS TO DATA AND INFORMATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcia Dawood Chair | OfficerTrustee | 30 | $0 |
Tony Shipley Immediate Past Chair | OfficerTrustee | 30 | $0 |
Ron Weissman Vice Chair | OfficerTrustee | 30 | $0 |
Peter Adams Secretary / Treasurer | OfficerTrustee | 30 | $0 |
Gregory Campbell Director | Trustee | 10 | $0 |
Eva Doss Director | Trustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Villette Nolon Consulting | 6/29/15 | $111,627 |
Isen & Company Llc Marketing | 6/29/15 | $111,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,006,748 |
| Investment income | $4,661 |
| 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 | $1,011,659 |
| 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. | $220,955 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $236,900 |
| Pension plan accruals and contributions | $31,136 |
| Other employee benefits | $27,536 |
| Payroll taxes | $55,861 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $75,600 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,983 |
| Advertising and promotion | $16,701 |
| Office expenses | $19,749 |
| Information technology | $7,056 |
| Royalties | $0 |
| Occupancy | $10,370 |
| Travel | $2,305 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $256,171 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,421 |
| Insurance | $2,174 |
| All other expenses | $0 |
| Total functional expenses | $1,058,446 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $246,613 |
| Savings and temporary cash investments | $163,380 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $139,670 |
| 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 | $19,153 |
| Net Land, buildings, and equipment | $5,368 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $59,090 |
| Total assets | $633,274 |
| Accounts payable and accrued expenses | $281,147 |
| Grants payable | $0 |
| Deferred revenue | $211,016 |
| 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 | $2,020 |
| Total liabilities | $494,183 |
| Net assets without donor restrictions | $139,091 |
| Net assets with donor restrictions | $0 |
| 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 | $633,274 |