Pasadena Angels Inc
Nonprofit profile at a glance
- EIN
- 900037989
- IRS 990-EZ coverage
- 2014–2025
- Forms available
- Form 990-EZ 2025
- Location
- Pasadena, CA, USA
- Phone
- 9493387456
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $163,752
- Expenses
- $158,709
- Assets
- $211,789
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
11 people listed
People named in this filing
- LEE GORDON (CHAIRMAN)
- MARCUS FILIPOVIC (VICE CHAIRMAN)
- SUSAN MARKI (TREASURER)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The primary exempt purpose of the organization is to promote the common business interests of its members and the community in general through the improvement and advancement of business opportunities and conditions. This purpose is achieved by: promoting the san gabriel valley as an excellent location for business; educating, assisting, and mentoring individuals on changing technology and industrial trends affecting the southern California business community; counseling entrepreneurs about developing their business plans; and raising capital for early stage companies by connecting them with financing sources and resources.
What it reported doing in 2025
The organization accomplishes its exempt purpose by working with start-up and early stage companies, located principally in the san gabriel valley, assisting them in developing and executing good strategic and financial plans, understanding and accessing early stage capital markets and avoiding business failures.angel members participate in panel presentations of various outside organizations and events for educational purposes.
Operating model
- Revenue model
- Membership-supported. 95% of the money available for current operations came from membership dues.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 82
- Sustainability: 55
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.1%; rating input score 96
- Program expense ratio: 98.9%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 3.1%; rating input score 40; 40th percentile among comparable filings
- Total-asset coverage ratio: 1.33; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 6% per year; rating input score 100; 48th percentile among comparable filings
- Revenue growth: 0.1% per year; rating input score 100; 19th percentile among comparable filings
- Asset growth: 2.6% per year; rating input score 100; 34th percentile among comparable filings
Details
- Where the money goes: 96.1% of revenue deployed · 98.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $157K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 11 filing years from 2014 to 2025
- 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.
- Moderate — Sustainability: Operating margin scored 40/100.