Overview
What is Angel Fund Inc?
Angel Fund Inc, located at 649 Main Street, Wakefield, MA 01880, is a nonprofit organization dedicated to supporting research and information exchange related to Amyotrophic Lateral Sclerosis (ALS). They collaborate with the University of Massachusetts Chan Medical School in Worcester, MA, to further their mission. The primary goal of Angel Fund Inc is to aid in finding a cause, treatment, and potential cure for ALS by raising funds through various events, campaigns, foundation grants, and community outreach activities. Their efforts aim to bridge the gap between the medical community and families and friends of individuals affected by ALS, thereby fostering a supportive environment for ongoing scientific investigations.
Official website here: www.theangelfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
Angel Fund Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The charity's overall score reflects strong governance structures, as evidenced by its fully independent board and effective financial oversight, showcasing its commitment to transparency and ethical management.
The organization excels in allocating resources effectively, with a program expense ratio of 85.71%, indicating that a significant portion of its expenditures directly supports its mission. Additionally, the absence of any material diversion of assets further emphasizes its financial integrity and responsible stewardship of donations.
However, the charity does have some areas that require improvement, particularly the absence of a conflict of interest policy and other governance-related documents. Addressing these gaps could enhance its accountability measures and further strengthen donor confidence in the organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Angel Fund Inc?
96% of the 13 reviews on Facebook recommend Angel Fund Inc. Here is a summary of their reviews:
Supporters express strong appreciation for the organization's mission, highlighting its commitment to finding a cure for a debilitating disease. Many reviewers convey hope and optimism for the future, emphasizing the importance of the ongoing research and efforts being made by the nonprofit.
Overall, the sentiment towards Angel Fund Inc. is overwhelmingly positive. Contributors feel confident that the organization is making a meaningful impact in the quest for a cure, and their dedication resonates with those looking for solutions to the challenges posed by the disease.
This AI summary has been generated from reviews found on Facebook.
Is Angel Fund Inc legitimate?
Angel Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Angel Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Official website here: www.theangelfund.org
What is the mission statement of Angel Fund Inc?
Angel Fund Inc's mission is focused on supporting research and scientific investigations into Amyotrophic Lateral Sclerosis (ALS) at the University of Massachusetts Chan Medical School. They achieve this by raising funds through various events, campaigns, foundation grants, and community outreach activities. This financial support aids in the quest to discover the cause, develop treatments, and ultimately find a cure for ALS. The organization's efforts are primarily directed towards scientific exploration, leveraging the expertise of the medical community.
Official website here: www.theangelfund.org
Who is the CEO of Angel Fund Inc?
Richard P Kennedy is the President of Angel Fund Inc.
Official website here: www.theangelfund.org
What is the revenue of Angel Fund Inc?
Angel Fund Inc's revenue in 2022 was $928,586.
Official website here: www.theangelfund.org
Who are the executives of Angel Fund Inc and what are their salaries?
There 50 volunteers at Angel Fund Inc.
Here are 11 key members and their salaries:
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Official website here: www.theangelfund.org
Where can I find the form 990 for Angel Fund Inc?
Angel Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theangelfund.org
Learn more at the official website: www.theangelfund.org
Mission Statement of Angel Fund Inc
Angel Fund Inc is an organization dedicated to supporting research and information exchange related to Amyotrophic Lateral Sclerosis (ALS) within the medical community and among families and friends of individuals affected by the disease. Their mission is to back ALS research and scientific investigations at the University of Massachusetts Chan Medical School by raising funds through various events, campaigns, foundation grants, and numerous community outreach activities. The aim is to contribute to discovering the cause, treatment, and potential cure for ALS. The organization provides financial assistance to the University of Massachusetts Chan Medical School, located in Worcester, MA.
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Impact
July, 2024
Angel Fund Inc's impact is crucial in supporting ALS research and scientific investigations at the University of Massachusetts Chan Medical School. Through fundraising events, campaigns, foundation grants, and community outreach activities, Angel Fund Inc contributes to the ongoing efforts to find a cause, treatment, and cure for ALS. By facilitating the exchange of information between the medical community and families affected by ALS, Angel Fund Inc plays a significant role in advancing research and raising awareness about this devastating disease.
This information is meant to be a general summary of Angel Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $34,047
- Gross Receipts: $1,118,862
Assets and Liabilities:
- Total Assets: $3,121,053
- Total Liabilities: $106,250
- Net Assets: $3,014,803
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Organization Details
Founding Year
1999
Phone
(781) 245-7070Principal Officer
Richard P Kennedy
Main Address
649 MAIN STREET, WAKEFIELD, MA, 01880
Website
www.theangelfund.orgNTEE Category
Code: H80 - Medical research
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