Angelus Association
- Assets
- $67.9k
- Revenue
- $2.6k
- Investments
- $56.0k
- Employees
- 0
- Location
- Glenview, IL
- Founding
- 10/1939
- Data as of
- 12/2022
- EIN
- 37-6045555
Organization Overview
Angelus Association is located in Glenview, IL. The organization was established in 1939. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Angelus Association 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, Angelus Association generated $2.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.5%) each year. All expenses for the organization totaled $9.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald D Buchanan President (prior) | 2 | $2,679 | |
Bradley S Buchanan President | 1 | $0 | |
Nancy A Bosson Treasurer | 1 | $0 | |
Bryson S Bosson Vice-President | 1 | $0 | |
Brockton B Bosson Secretary | 1 | $0 | |
Lisa K Buchanan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $57 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,998 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$497 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $57 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,558 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,679 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $256 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30 |
| Total operating and administrative expenses | $5,482 |
| Contributions, gifts, grants paid | $3,500 |
| Total expenses and disbursements | $8,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86 |
| Savings and temporary cash investments | $11,765 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $25,002 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $67,899 |
| Accounts payable and accrued expenses | $16 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $16 |
Grants Awarded
Over the last fiscal year, Angelus Association has awarded $3,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
KNOXVILLE SYMPHONY ORCHESTRA PURPOSE: OPERATING EXPENSES | $1,000 |
CROHNS & COLITIS FOUNDATION OF AMERICA PURPOSE: OPERATING EXPENSES | $500 |
RONALD MCDONALD HOUSE CHARITIES INC PURPOSE: OPERATING EXPENSES | $100 |
THE EPISCOPAL CHURCH OF THE ASCENSION PURPOSE: OPERATING EXPENSES | $500 |
UNIVERSITY OF TENNESSEE PURPOSE: OPERATING EXPENSES | $1,000 |
SKOKIE NORTHSHORE SCULPTURE PARK PURPOSE: OPERATING EXPENSES | $100 |