Angel Foundation
- Assets
- $4.6m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 13
- Location
- Mendota Heights, MN
- Founding
- 07/2001
- Data as of
- 12/2021
- EIN
- 41-1990883
Organization Overview
Angel Foundation is located in Mendota Heights, MN. The organization was established in 2001. According to its NTEE Classification (G30) the organization is classified as: Cancer, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Angel Foundation employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Angel Foundation 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 Foundation generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THROUGH AN INNOVATIVE AND INTEGRATED APPROACH OF FINANCIAL ASSISTANCE, EDUCATION AND SUPPORT, ANGEL FOUNDATION HELPS ADULTS WITH CANCER AND THEIR FAMILIES SO THAT THEY MAY LIVE LIFE WELL WITH STABILITY, STRENGTH AND RESILIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMERGENCY FINANCIAL ASSISTANCE SUPPORTS ADULT CANCER PATIENTS BY RELIEVING SOME OF THEIR IMMEDIATE FINANCIAL CONCERNS. THESE FINANCIAL GRANTS HELP WITH BASIC, NON-MEDICAL BILLS SUCH AS RENT OR MORTGAGE, UTILITIES, FOOD, AND FUEL. GRANTS PROVIDE COMFORT AND PEACE OF MIND DURING THE OVERWHELMING MONTHS OF DIAGNOSIS AND TREATMENT. IN 2021, ANGEL FOUNDATION PROVIDED FINANCIAL ASSISTANCE TO 2,309 ADULTS RECEIVING TREATMENT IN THE ELEVEN-COUNTY METRO AREA (ANOKA, CARVER, CHISAGO, DAKOTA, HENNEPIN, ISANTI, RAMSEY, SCOTT, SHERBURNE, WASHINGTON, AND WRIGHT COUNTIES).
ADULT AND FAMILY PROGRAMS, FORMERLY KNOWN AS FACING CANCER TOGETHER, PROVIDES EDUCATION AND SUPPORT TO CHILDREN, TEENS, AND YOUNG ADULTS WHO HAVE OR HAVE HAD A PARENT OR LOVED ONE WITH CANCER BY OFFERING INNOVATIVE ACTIVITIES TO HELP RELIEVE FEAR AND ANXIETY ABOUT THE CANCER EXPERIENCE, REDUCE STRESS, AND LEARN NEW COPING SKILLS. IT ALSO HELPS CHILDREN AND FAMILIES BUILD A SUPPORT NETWORK OF OTHERS EXPERIENCING SIMILAR SITUATIONS. PROGRAMS INCLUDE ANGELPACK BACKPACKS, MAKING MEMORIES, SUMMER CAMP, FAMILY RETREATS, MONTHLY ACTIVITIES, AND MORE. IN 2021, ANGEL FOUNDATION PROVIDED PROGRAMS TO 489 ATTENDEES AND 443 ANGELPACKS WERE DISTRIBUTED TO CHILDREN, PRE-TEENS, AND TEENS WHO HAVE A PARENT OR GRANDPARENT WITH CANCER.
FINANCIAL CANCER CARE CONNECTS CANCER PATIENTS WITH A SOCIAL WORKER AND A PRO BONO CERTIFIED FINANCIAL PLANNER THROUGH WORKSHOPS AND ONE-ON-ONE MEETINGS, WITH THE GOAL OF PROVIDING EDUCATION AND DECREASING ANXIETY ABOUT MANAGING FINANCES AS INDIVIDUALS AND FAMILIES NAVIGATE THE EFFECTS OF CANCER-RELATED FINANCIAL TOXICITY. THIS PILOT PROGRAM LAUNCHED IN MARCH 2020 AND RAN THROUGH DECEMBER 2021. THE PROGRAM SERVED 150 PATIENTS THROUGHOUT ITS PILOT PHASE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Becker President & CEO | Officer | 40 | $190,890 |
Yvette Mullen Chair | OfficerTrustee | 3 | $0 |
Scott Schufman Treasurer | OfficerTrustee | 3 | $0 |
Kirstie Foster Vice Chair | OfficerTrustee | 3 | $0 |
Amanda Knutson Secretary | OfficerTrustee | 3 | $0 |
Margie Sborov Co-Founder And Director | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $811,659 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,982,368 |
| Noncash contributions included in lines 1a–1f | $60,997 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,794,027 |
| Total Program Service Revenue | $0 |
| Investment income | $145,805 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $30,295 |
| Net Income from Fundraising Events | -$111,578 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,858,549 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $55,000 |
| Grants and other assistance to domestic individuals. | $884,727 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $193,734 |
| Compensation of current officers, directors, key employees. | $38,747 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $667,035 |
| Pension plan accruals and contributions | $21,754 |
| Other employee benefits | $37,731 |
| Payroll taxes | $62,245 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $39,391 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,089 |
| Fees for services: Other | $61,514 |
| Advertising and promotion | $120,093 |
| Office expenses | $30,925 |
| Information technology | $50,979 |
| Royalties | $0 |
| Occupancy | $82,011 |
| Travel | $1,858 |
| 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 | $14,683 |
| Insurance | $6,831 |
| All other expenses | $0 |
| Total functional expenses | $2,411,291 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,044,222 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,041 |
| 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 | $68,868 |
| Net Land, buildings, and equipment | $123,530 |
| Investments—publicly traded securities | $3,367,563 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,259 |
| Total assets | $4,616,483 |
| Accounts payable and accrued expenses | $93,046 |
| Grants payable | $63,850 |
| Deferred revenue | $248,532 |
| 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 | $405,428 |
| Net assets without donor restrictions | $3,324,769 |
| Net assets with donor restrictions | $886,286 |
| 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 | $4,616,483 |
Grants Awarded
Over the last fiscal year, Angel Foundation has awarded $55,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OPEN ARMS PURPOSE: PROVIDE MEALS TO CANCER PATIENTS | $30,000 |
Saint Paul, MN PURPOSE: NEW FINANCIAL ASSISTANCE PROGRAM | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Angel Foundation has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Connexus Energy Foundation Ramsey, MN PURPOSE: DONATION | $1,000 |
Endowment Analysis
| Beg. Balance | $2,246,071 |
| Earnings | $186,335 |
| Net Contributions | $330 |
| Ending Balance | $2,432,735 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bismarck Cancer Center Bismarck, ND | $39,722,467 | $16,505,322 |
Midwest Athletes Against Childhood Cancer Inc Milwaukee, WI | $8,719,614 | $5,966,033 |
Ronald Mcdonald House Charities Upper Midwest Minneapolis, MN | $28,376,460 | $7,176,749 |
Cancer Center Of Western Wisconsin Inc New Richmond, WI | $3,535,083 | $4,799,679 |
Hematology Oncology Pharmacy Association Inc Milwaukee, WI | $8,943,245 | $5,533,209 |
American Indian Cancer Foundation Saint Paul, MN | $2,062,882 | $4,261,089 |
Angel Foundation Mendota Heights, MN | $4,616,483 | $2,858,549 |
Wise Women Gathering Place Inc Green Bay, WI | $356,088 | $2,004,991 |
Colon Cancer Coalition Foundation Edina, MN | $2,569,547 | $1,699,654 |
Childrens Cancer Connection Johnston, IA | $2,760,929 | $1,432,559 |
Abcd Inc Milwaukee, WI | $1,083,354 | $892,930 |
Iowa Consortium For Comprehensive Cancer Control North Liberty, IA | $373,678 | $686,023 |