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Nonprofiteer
← ANGEL INVESTOR FOUNDATION

Form 990 for tax year 2024

Filed by ANGEL INVESTOR FOUNDATION.

Totals

Total revenue
$337,561
Total expenses
$603,957
Contributions and grants received
$22,631
Grants paid
$300,000
Program service revenue
$290,331
Investment income
$24,103
Other revenue
$496
Total assets, end of year
$625,881
Total liabilities, end of year
$20,723
Net assets or fund balances, end of year
$605,158
Program services expenses (Part IX)
$475,661
Management and general expenses
$128,296
Fundraising expenses
$0
Program service expenses (Part III)
$475,661

Program services were 78.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $22,631

  • 2a · Program service revenue: REGISTRATIONS

    total $228,031 · related or exempt $228,031

  • 2b · Program service revenue: SEED THE FUTURE

    total $34,300 · related or exempt $34,300

  • 2c · Program service revenue: SPONSORSHIPS

    total $28,000 · related or exempt $28,000

  • 3 · Investment income

    total $24,103 · excluded $24,103

  • 11a · Other revenue: MISCELLANEOUS

    total $496 · excluded $496

  • 11e · Other revenue, total

    $496

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $300,000 · program services $300,000

  • 7 · Other salaries and wages

    total $169,136 · program services $101,482 · management and general $67,654

  • 9 · Other employee benefits

    total $16,990 · program services $10,194 · management and general $6,796

  • 10 · Payroll taxes

    total $14,606 · program services $8,764 · management and general $5,842

  • 11g · Fees: other

    total $26,756 · program services $6,344 · management and general $20,412

  • 12 · Advertising and promotion

    total $60,369 · program services $45,277 · management and general $15,092

  • 13 · Office expenses

    total $215 · management and general $215

  • 18 · Travel or entertainment for public officials

    total $5,747 · management and general $5,747

  • 24a · Other expenses: REGISTRATION EXPENSES

    total $3,600 · program services $3,600

  • 24b · Other expenses: BANK AND CREDIT CARD FE

    total $2,574 · management and general $2,574

  • 24c · Other expenses: BAD DEBT

    total $2,500 · management and general $2,500

  • 24d · Other expenses: BOOKS / SUBSCRIPTIONS

    total $1,461 · management and general $1,461

  • 24e · All other expenses

    total $3 · management and general $3

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $229,581 · end of year $124,861

  • 2 · Savings and temporary cash investments

    beginning of year $639,553 · end of year $466,420

  • 3 · Pledges and grants receivable

    beginning of year $44,213 · end of year $33,700

  • 9 · Prepaid expenses and deferred charges

    beginning of year $900 · end of year $900

  • 15 · Other assets

    beginning of year $426 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $20,819 · end of year $0

  • 19 · Deferred revenue

    beginning of year $21,550 · end of year $15,000

  • 25 · Other liabilities

    beginning of year $0 · end of year $5,723

  • 27 · Net assets without donor restrictions

    beginning of year $825,091 · end of year $557,945

  • 28 · Net assets with donor restrictions

    beginning of year $47,213 · end of year $47,213

Mission and programs · 2024

Mission

THE MISSION OF ANGEL INVESTOR FOUNDATION IS TO ADVANCE THE ARTS AND SCIENCES OF ANGEL INVESTING THROUGH EDUCATION, RESEARCH, AND OTHER CHARITABLE ACTIVITIES IN SUPPORT OF THE MISSION, VISION, STRATEGY, AND GOALS OF ITS AFFILIATED ORGANIZATION, ANGEL CAPITAL ASSOCIATION.

Activities or mission (Part I)

TO SUPPORT THE MISSION OF ANGEL CAPITAL ASSOCIATION.

  • PROGRAM SERVICE ACCOMPLISHMENTS: ADVANCE THE ARTS AND SCIENCES OF ANGEL INVESTING THROUGH EDUCATION, RESEARCH, AND OTHER CHARITABLE ACTIVITIES IN SUPPORT OF THE MISSION, VISION, STRATEGY, AND GOALS OF ITS AFFILIATED ORGANIZATION, ANGEL CAPITAL ASSOCIATION.

    Expenses $475,661 · Grants $300,000 · Revenue $290,331

As filed on the 2024 return.

Listed in Part VII

  • Marcia Dawood

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    2 + 30 related

  • Ron Weissman

    CHAIR

    Total calculated
    $0
    Hours/week
    2 + 30 related

  • John Harbison

    TREASURER

    Total calculated
    $0
    Hours/week
    2 + 30 related

  • Patrick Gouhin

    CEO & PRESIDENT

    Total calculated
    $201,743
    From this org
    $0
    From related orgs
    $186,000
    Other
    $15,743
    Hours/week
    2 + 52 related

    Schedule J breakdown matched by us

    Base
    $0 + $156,000 related
    Bonus
    $0 + $30,000 related
    Other
    $0
    Deferred
    $0 + $1,800 related
    Nontaxable benefits
    $0 + $13,943 related
    Filer's total
    $0 + $201,743 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
9 October 2025
IRS schema version
2024v5.2
Source object
202532839349300008

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