ANGELS OF HOPE A FAMILY CANCER FOUNDATION

EIN: 043795236 501(c)(3)

UTICA, MI

Total Revenue
$1,036,355
Total Expenses
$1,072,263
Total Assets
$567,628
Net Assets
$88,114
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MI
Principal Officer
DEBBIE AMATANGELO
Phone
5867993156
Tax Period
2024-01-01 to 2024-12-31

ANGELS OF HOPE A FAMILY CANCER FOUNDATION, founded in 2004, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024.

Mission

THE FOUNDATION PROVIDES FINANCIAL AND OTHER SUPPORT TO FAMILIES BATTLING CANCER.

Program Service Accomplishments

Program 1
Expenses: $995,360

PROVIDE FINANCIAL AND OTHER SUPPORT TO FAMILIES BATTLING CANCER

Program 2

JAY'S JUNIORS SELECTS FAMILIES FOR AN ALL EXPENSE PAID TRIP TO DISNEY IN FLORIDA. THE FAMILIES SELECTED FOR THE TRIP MUST HAVE A CHILD THAT IS IMPACTED BY A LIFE ALTERING DISEASE SUCH AS CANCER. DUE...

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JAY'S JUNIORS SELECTS FAMILIES FOR AN ALL EXPENSE PAID TRIP TO DISNEY IN FLORIDA. THE FAMILIES SELECTED FOR THE TRIP MUST HAVE A CHILD THAT IS IMPACTED BY A LIFE ALTERING DISEASE SUCH AS CANCER. DUE TO THE COVID-19 PANDEMIC THE TRIP WAS POSTPONED TO 2025. RELATED GRANTS WERE ACCRUED TO THE BALANCE SHEET AS OF 12/31/2024.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $211,700
Program Service Revenue $0
Investment Income $1,620
Other Revenue $823,035
TOTAL REVENUE $1,036,355

Expense Breakdown

Grants Paid $995,360
Salaries & Benefits $0
Fundraising Expenses $252
Program Expenses $995,360
Other Expenses $76,903
TOTAL EXPENSES $1,072,263

Year-over-Year Comparison

2024 2023 Change
Revenue $1,036,355 $1,039,009 0.0%
Expenses $1,072,263 $1,150,356 -0.1%
Net Income $-35,908 $-111,347 -0.7%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
115

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBBIE AMATANGELO CHAIRMAN N/A
Officer
$0 $0 $0
BEN WEAVER VICE-CHAIRMA N/A
Officer
$0 $0 $0
MICHAEL KERNEN DIRECTOR N/A
Director
$0 $0 $0
ANTONIO VITTORNI DIRECTOR N/A
Director
$0 $0 $0
ERIC KONIECZNY TRESURER N/A
Director
$0 $0 $0
FRAN LUCIDO DIRECTOR N/A
Director
$0 $0 $0
JULIE GARRISI SECRETARY N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,036,355 $1,072,263 $567,628 $-35,908
2023 $1,039,009 $1,150,356 $429,583 $-111,347
2022 $425,210 $943,137 $532,362 $-517,927
2021 $543,217 $421,677 $1,065,732 $121,540
2020 $450,500 $378,115 $801,609 $72,385
2019 $970,122 $788,878 $650,021 $181,244
2018 $875,912 $771,764 $463,934 $104,148
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