Angell Foundation
Angell Foundation maintains over $125 million in assets with no officer compensation reported.
EIN: 10789717 · Los Angeles, CA · NTEE: T20 · Updated: 2026-03-28
Is Angell Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Angell Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Angell Foundation
Angell Foundation (EIN: 10789717) is a nonprofit organization based in Los Angeles, CA, classified under NTEE code T20. The organization reported total revenue of $28.1M and total assets of $125.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Angell Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Angell Foundation is a large nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.6M |
| Total Expenses | $9.0M |
| Surplus / Deficit | +$510K |
| Total Assets | $125.3M |
| Total Liabilities | $125K |
| Net Assets | $125.2M |
| Operating Margin | 5.3% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 166.2 months |
Financial Health Grade: A
In 2023, Angell Foundation reported a surplus of $510K with revenue exceeding expenses, holds 166.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Angell Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -46.1% | -5.0% | +0.2% |
| 2022 | +208.8% | +2.0% | +5.6% |
| 2021 | -46.9% | +8.7% | -8.9% |
| 2020 | +59.1% | +6.7% | +4.6% |
| 2019 | -17.8% | -3.8% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Angell Foundation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Angell Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $510K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The Angell Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not categorized as officer compensation, which is highly favorable for resource allocation directly to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Angell Foundation:
- Substantial and growing asset base ($125,282,251 in 2023) ensuring long-term sustainability.
- Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
- Strong program spending focus, typical for a private foundation distributing grants.
- Stable expense management, with expenses generally aligned with or below revenue.
- High transparency through consistent IRS 990 filings.
Frequently Asked Questions about Angell Foundation
Is Angell Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Angell Foundation (EIN: 10789717) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Angell Foundation spend its money?
Angell Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Angell Foundation tax-deductible?
Angell Foundation is registered as a tax-exempt nonprofit (EIN: 10789717). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Angell Foundation a good charity?
Based on its financial data, Angell Foundation appears to be a very good charity. It maintains a substantial asset base ($125,282,251 in 2023), consistently reports 0% officer compensation, and demonstrates sound financial management with expenses generally in line with or below revenue, ensuring long-term sustainability for its grant-making activities.
How does Angell Foundation manage its expenses?
The foundation manages its expenses efficiently, with total expenses of $9,043,769 in 2023 against revenues of $9,553,435. Over the past decade, expenses have generally ranged between $5.6 million and $9.5 million, indicating a stable operational cost structure relative to its asset base and grant-making capacity. The absence of officer compensation further contributes to its efficiency.
What is the trend in Angell Foundation's assets?
Angell Foundation's assets have shown a positive long-term trend, growing from $108,468,312 in 2011 to $125,282,251 in 2023, with some fluctuations. This indicates effective endowment management and a strong financial position to support its ongoing philanthropic activities.
Filing History
IRS 990 filing history for Angell Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Angell Foundation's revenue has declined by 41.4%, moving from $16.3M to $9.6M. Total assets increased by 15.5% over the same period, from $108.5M to $125.3M. Total functional expenses rose by 59.6%, from $5.7M to $9.0M. In its most recent filing year (2023), Angell Foundation reported a surplus of $510K, with revenue exceeding expenses. The organization holds $125K in liabilities against $125.3M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $125.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.6M | $9.0M | $125.3M | $125K | — | View 990 |
| 2022 | $17.7M | $9.5M | $125.0M | $108K | — | View 990 |
| 2021 | $5.7M | $9.3M | $118.3M | $97K | — | View 990 |
| 2020 | $10.8M | $8.6M | $129.8M | $56K | — | View 990 |
| 2019 | $6.8M | $8.0M | $124.2M | $34K | — | View 990 |
| 2015 | $8.3M | $8.4M | $126.2M | $65K | — | View 990 |
| 2014 | $8.0M | $8.0M | $123.7M | $27K | — | View 990 |
| 2013 | $14.9M | $6.6M | $123.4M | $81K | — | View 990 |
| 2012 | $13.1M | $6.6M | $115.4M | $19K | — | View 990 |
| 2011 | $16.3M | $5.7M | $108.5M | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.6M, expenses of $9.0M, and assets of $125.3M (revenue -46.1% year-over-year).
- 2022: Revenue of $17.7M, expenses of $9.5M, and assets of $125.0M (revenue +208.8% year-over-year).
- 2021: Revenue of $5.7M, expenses of $9.3M, and assets of $118.3M (revenue -46.9% year-over-year).
- 2020: Revenue of $10.8M, expenses of $8.6M, and assets of $129.8M (revenue +59.1% year-over-year).
- 2019: Revenue of $6.8M, expenses of $8.0M, and assets of $124.2M (revenue -17.8% year-over-year).
- 2015: Revenue of $8.3M, expenses of $8.4M, and assets of $126.2M (revenue +4.1% year-over-year).
- 2014: Revenue of $8.0M, expenses of $8.0M, and assets of $123.7M (revenue -46.5% year-over-year).
- 2013: Revenue of $14.9M, expenses of $6.6M, and assets of $123.4M (revenue +13.2% year-over-year).
- 2012: Revenue of $13.1M, expenses of $6.6M, and assets of $115.4M (revenue -19.5% year-over-year).
- 2011: Revenue of $16.3M, expenses of $5.7M, and assets of $108.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Angell Foundation:
Data Sources and Methodology
This transparency report for Angell Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.