Friends of Angels Foundation Inc

Nonprofit profile at a glance

EIN
473182042
IRS 990-EZ coverage
2015–2023
Forms available
Form 990-EZ 2023
Location
Aventura, FL, USA
Phone
3058211659
Rating
43
Verdict
MIXED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$12,000
Expenses
$13,454
Assets
$17,028
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Rodrigo Andres Falla (President/Director)
  • Ruben Santiago Nichols (Vice-President)

People named in this filing

  • Rodrigo Andres Falla (President/Director)
  • Ruben Santiago Nichols (Vice-President)
  • Martha Lucia Paternini (Treasurer/Director)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To create a world where no child loses his life for lack of timely, continuos and quality care. Helping children living with difficult deseases in vulnerable communities who have been abandoned by their parents to receive the attention needed to overcome adversity and get healthy. To reduce morbidity of children with cancer, HIV-AIDS and severe generic diseases. Create mechanisms to break down barriers of access for children with difficult diseases and poverty condtions to the specialized health services they so desperately need.

What it reported doing in 2023

See Sched O - Other(Organization's Program Service Accomplishment for its sole program service)

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 44
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -12.1%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 1.27; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -12.5% per year; rating input score 0; 25th percentile among comparable filings
  • Revenue growth: -3.8% per year; rating input score 0; 39th percentile among comparable filings
  • Asset growth: 16.1% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2015 to 2023
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 30/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.