Angel Foundation Inc
Nonprofit profile at a glance
- EIN
- 830382583
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2019
- Location
- Franklin, TN, USA
- Phone
- 6154912765
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Gift Distribution
Reported finances
- Revenue
- $116,895
- Expenses
- $80,671
- Assets
- $80,957
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- CHARLES HAMMETT (EXECUTIVE DI)
- LOREN JOHNSON (BOARD MEMBER)
- DAVID PRINCE (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The angel foundation provides our angel blankets to people in need and facing difficult circumstances. The charity partners with other ministries and non-profits to work together in the field to provide for individuals and families. The scope of our work covers the poor, homeless, victims of natural disasters, children in hospitals and children of fallen soldiers.
What it reported doing in 2024
Spread the gospel of jesus christ through the ministry of giving away free bedding and other necessities to children who need comforting.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 82
- Sustainability: 64
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 58.8%; rating input score 59
- Program expense ratio: 85.2%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 31%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 1; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 13% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 7.6% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 2.3% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 58.8% of revenue deployed · 85.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $69K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 59/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.