Pennsylvania Angel Network

Nonprofit profile at a glance

EIN
571188843
IRS 990-EZ coverage
2018–2025
Forms available
Form 990-EZ 2025
Location
Jenkintown, PA, USA
Phone
2154352337
Rating
85
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$13,651
Expenses
$16,910
Assets
$14,285

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • JEFFREY SNELLENBURG (PRESIDENT &)

People named in this filing

  • JEFFREY SNELLENBURG (PRESIDENT &)
  • MICHAEL MARCH (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Pennsylvania angel network (pan) provides resources and support to the angel community throughout Pennsylvania. Pan's goal is to improve the overall investment environment for investors, increase the number of investors, and increase investment dollars in Pennsylvania and surrounding areas.

What it reported doing in 2025

Pan provides its members the following service accomplishments: monthly angel roundtables access to angel network deal flow connect with other angel investors receive due diligence support obtain angel investor education network with industry experts, other groups, individuals and sponsors exposure to events, seminars, and training the pan angel news - newsletter

Operating model

Revenue model
Earned-program. 70% of the money available for current operations came from fees and other program revenue.
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 and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 82
  • Sustainability: 29
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 89.5%; rating input score 90

Transparency & Controls

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

Sustainability

  • Operating margin: -23.9%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 0.84; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 1.8% per year; rating input score 100; 53rd percentile among comparable filings
  • Revenue growth: -1.4% per year; rating input score 0; 45th percentile among comparable filings
  • Asset growth: 3.2% per year; rating input score 100; 50th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 89.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $15K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 7 filing years from 2018 to 2025
  • Contacts: How to reach this organization
  • 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 — Sustainability: Operating margin scored 20/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.