Overview
What is Angel Foundation?
Angel Foundation, based in Mendota Heights, Minnesota, is a nonprofit organization that provides emergency financial assistance to adults battling cancer. Their mission is to help these individuals and their families live life with stability, strength, and resilience during a challenging time. They achieve this through an innovative approach that combines financial aid, education, and support. In 2022 alone, Angel Foundation distributed 2,357 grants to cancer patients in the eleven-county metro area, assisting with essential non-medical expenses such as rent, utilities, food, and fuel. The organization's dedication to offering aid and support during cancer treatment is evident in their work, which has a positive impact on the lives of those affected.
Official website here: www.mnangel.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 91%
Angel Foundation has received a four-star rating, indicating a strong level of accountability and financial health. The organization stands out with a perfect score in accountability and finance, showcasing robust oversight mechanisms and compliance with tax form disclosures. Their independent board is notably composed of 95% independent members, which enhances governance integrity.
The charity excels in its financial metrics, with a program expense ratio of nearly 80%, demonstrating a commitment to directing funds toward its mission. Additionally, the organization has a low liabilities-to-assets ratio and impressive fundraising efficiency, reflecting prudent financial management. Their investment in leadership development through stipends and workshops indicates a dedication to enhancing staff capability.
While Angel Foundation scores well overall, its impact and measurement score of 80 suggests that there may be room for improvement in demonstrating the effectiveness of its programs. However, the high scores in culture and community, as well as leadership and adaptability, indicate a well-rounded organization that is responsive to community needs and capable of strategic partnerships.
This AI summary has been generated from information found on Charity Navigator.
Is Angel Foundation legitimate?
Angel Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Angel Foundation 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:
Executive Compensation: $201,896
Professional Fundraising Fees: $0
Other Salaries and Wages: $839,299
For more financial information, click here
Official website here: www.mnangel.org
What is the mission statement of Angel Foundation?
The Angel Foundation, through an innovative and integrated approach, provides financial assistance, education, and support to adults battling cancer and their families. This approach enables them to live their lives with stability, strength, and resilience during their cancer journey. The organization offers emergency financial assistance to alleviate immediate financial concerns, such as rent or mortgage payments, utilities, food, and fuel. In 2022, Angel Foundation provided 2,357 emergency financial assistance grants to adults undergoing treatment in the eleven-county metro area. These grants provide comfort and peace of mind during the overwhelming months of diagnosis and treatment.
Official website here: www.mnangel.org
Who is the CEO of Angel Foundation?
David Becker is the Chair of Angel Foundation. The CEO's salary of Angel Foundation is $198,670 and their total compensation is $201,896.
Official website here: www.mnangel.org
What is the revenue of Angel Foundation?
Angel Foundation's revenue in 2022 was $2,977,066.
Official website here: www.mnangel.org
Who are the executives of Angel Foundation and what are their salaries?
The average compensation at Angel Foundation during 2022 was $80,092. There are 13 employees and 370 volunteers at Angel Foundation.
Here are 21 key members and their salaries (Angel Foundation's CEO's salary is $198,670 and their total compensation is $201,896):
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- Compensation: $198,670
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Official website here: www.mnangel.org
Where can I find the form 990 for Angel Foundation?
Angel Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mnangel.org
Learn more at the official website: www.mnangel.org
Mission Statement of Angel Foundation
Angel Foundation, a nonprofit organization, seeks to aid adults diagnosed with cancer and their families by adopting an innovative and integrated approach of financial assistance, education, and support. The mission of Angel Foundation is to empower these individuals to live their lives with stability, strength, and resilience, even during the challenging periods of diagnosis and treatment. Through its financial assistance program, Angel Foundation alleviates some of the immediate financial burdens faced by cancer patients. These financial grants address essential, non-medical expenses, such as rent or mortgage payments, utilities, food, and fuel. By providing these grants, Angel Foundation offers comfort and peace of mind, helping patients navigate the overwhelming months of diagnosis and treatment. In 2022 alone, Angel Foundation distributed 2,357 emergency financial assistance grants to adults undergoing treatment in the eleven-county metro area.
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Impact
July, 2024
Angel Foundation's impact can be seen in the lives of adults with cancer and their families who receive crucial support during their challenging journey. By providing emergency financial assistance, Angel Foundation helps alleviate immediate financial burdens for cancer patients, allowing them to focus on their treatment and well-being. In 2022 alone, Angel Foundation distributed 2,357 emergency financial assistance grants to adults in the eleven-county metro area, offering comfort and peace of mind during a time of overwhelming diagnosis and treatment. Through their innovative and integrated approach of financial assistance, education, and support, Angel Foundation empowers individuals facing cancer to live life well with stability, strength, and resilience.
This information is meant to be a general summary of Angel Foundation. 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: $127,905
- Gross Receipts: $3,853,457
Assets and Liabilities:
- Total Assets: $4,354,203
- Total Liabilities: $538,259
- Net Assets: $3,815,944
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Organization Details
Founding Year
2000
Phone
(612) 627-9000Principal Officer
David Becker
Main Address
1155 CENTRE POINTE DRIVE 7, MENDOTA HEIGHTS, MN, 55120
Website
www.mnangel.orgNTEE Category
Code: G30 - Disease
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