Red Stick Angel Network Inc is located in Baton Rouge, LA.
For the year ending 12/2022, Red Stick Angel Network Inc generated $37.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $42.7k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE RED STICK ANGEL NETWORK, INC. IS A WHOLLY-OWNED SUBSIDIARY OF INNOVATION CATALYST INC., A NON-PROFIT VENTURE DEVELOPMENT ORGANIZATION, WHOSE MISSION IS TO ACCELEREATE THE GROWTH OF EARLY-STAGE INNOVATIVE BUSINESSES INTO VENTURE-READY COMPANIES BY PROVIDING CAPITAL, CONNECTIONS AND COACHING.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Ellison CEO | 0 | $0 | |
Veneet Iyengar Board Chairman | 0 | $0 | |
Stephanie Cargile Director | 0 | $0 | |
Michael Moles Director | 0 | $0 | |
Jim Odom Director | 0 | $0 | |
Preston Castille Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,626 |
| 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 | $37,626 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,789 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,938 |
| Total expenses | $42,727 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,178 |
| Other assets | $0 |
| Total assets | $20,585 |
| Total liabilities | $10,455 |
| Net assets or fund balances | $10,130 |