Angelwish Inc
- Assets
- $31.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Hoboken, NJ
- Founding
- 09/1999
- Data as of
- 12/2019
- EIN
- 22-3658778
Organization Overview
Angelwish Inc is located in Hoboken, NJ. The organization was established in 1999. 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. Angelwish 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 12/2019, Angelwish Inc generated $135.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.9%) each year. All expenses for the organization totaled $157.6k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (11.3%) per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
ANGELWISH HELPS BUSY PEOPLE GRANT THE WISHES AND SUPPORT THE BASIC NEEDS OF CHILDREN LIVING WITH CHRONIC ILLNESSES ALL OVER THE WORLD.
Describe the Organization's Program Activity:
Part 3
ANGELWISH ORGANIZED PHYSICAL AND ONLINE TOY DRIVES COLLECTING AND DISTRIBUTING OVER 10,000 GIFTS TO CHILDREN LIVING WITH CHRONIC ILLNESSES UNDER THE CARE OF OVER 75 CARE CENTERS IN THE UNITED STATES. THIS EFFORT ALSO ENGAGES OVER 400 INDIVIDUALS TO BECOME ENGAGED IN GIVING BACK. ANGELWISH CONTINUED TO GROW THE STUDENTS GIVE BACK PROGRAM, TEACHING 3RD GRADERS ABOUT THE IMPORTANCE OF CHARITY AND PHILANTHROPY THROUGH FINANCIAL LITERACY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shimul Mehta CEO | 40 | $66,500 | |
Jim Brinksma Director | 2 | $0 | |
Ed Wallace Director | 2 | $0 | |
James Feger Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,703 |
| 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 | $135,703 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $70,646 |
| Professional fees and other payments to independent contractors | $15,509 |
| Occupancy, rent, utilities, and maintenance | $4,824 |
| Printing, publications, postage, and shipping | $10,155 |
| Other expenses | $54,077 |
| Total expenses | $157,590 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,507 |
| Other assets | $0 |
| Total assets | $31,507 |
| Total liabilities | $0 |
| Net assets or fund balances | $31,507 |
Grants Awarded
Over the last fiscal year, Angelwish Inc has awarded $80,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Newark, NJ PURPOSE: various gifts for children | $70,000 |
CITY OF NORTH BERGEN PURPOSE: VARIOUS GIFTS FOR CHILDREN | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Angelwish Inc has recieved totaling $25,225.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $24,283 |
Baird Foundation Inc Milwaukee, WI PURPOSE: HEALTH AND HUMAN SERVICES | $750 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $192 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sheetz Family Charities Inc Altoona, PA | $8,145,405 | $4,240,002 |
Ryans Case For Smiles Wayne, PA | $1,412,033 | $1,300,303 |
Kollel Bais Yisrael Brooklyn, NY | $246,843 | $998,434 |
Bais Eluzer Fund Monroe, NY | $1,452,032 | $712,379 |
Little Essentials Brooklyn, NY | $330,194 | $693,584 |
Bundles Of Joy New York Inc Bronxville, NY | $395,317 | $592,898 |
Balakian Family Foundation Tenafly, NJ | $0 | -$1,634 |
Songs Of Love Foundation Forest Hills, NY | $1,668,057 | $546,584 |
Clark Gillies Foundation Farmingdale, NY | $420,107 | $657,215 |
Juvenile Diabetes Cure Alliance New York, NY | $104,904 | $568,991 |
The Jose M Garcia Foundation Inc West Orange, NJ | $0 | $228,578 |
Nissim Veniflaot Lakewood, NJ | $117,648 | $332,628 |