ANGELS ON WHEELS INC

EIN: 470827230 501(c)(3) Human Services

Omaha, NE

Total Revenue
$1,283,667
Total Expenses
$496,117
Total Assets
$2,390,962
Net Assets
$1,561,195
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
NE
Principal Officer
Brenda Banks
Phone
4029609789
Tax Period
2024-01-01 to 2024-12-31

ANGELS ON WHEELS INC, founded in 1999, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2024. The organization ran a surplus of $788K, a strong 61% operating margin.

Mission

Our mission is to empower and equip disadvantaged and under educated men and women through character development, vocational training, job experience and business development. Our programs provide practical hands-on vocational training through our operations of electronic recycling, computer refurbishing and retail sales. Our training is specifically designed to address the soft skills that our clients lack due to challenging backgrounds. Our graduates are able to attain employment on a career path and become economically independent to take care of themselves and their family.

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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 $886,126
Program Service Revenue $384,341
Investment Income $0
Other Revenue $13,200
TOTAL REVENUE $1,283,667

Expense Breakdown

Grants Paid $0
Salaries & Benefits $277,423
Fundraising Expenses $0
Program Expenses $472,499
Other Expenses $218,694
TOTAL EXPENSES $496,117

Year-over-Year Comparison

2024 2023 Change
Revenue $1,283,667 $1,230,525 +0.0%
Expenses $496,117 $677,685 -0.3%
Net Income $787,550 $552,840 +0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
5
Volunteers
251

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
3
$55,000
Total Directors
2
$102,236
Key Employees
1
$47,236
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Frank R Bartlett III Recycling Director 40
Officer Director Highest
$55,000 $0 $55,000
Brenda Banks Executive Director 55
Director Key Emp
$47,236 $0 $47,236
Seth Paulson Director 1
Officer
$0 $0 $0
Joel White Director 1
Officer
$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 $1,283,667 $496,117 $2,390,962 $787,550
2023 $1,230,525 $677,685 $2,409,682 $552,840
2022 $1,049,121 $696,249 $2,574,086 $352,872
2021 $1,028,555 $814,275 $2,664,103 $214,280
2020 $1,417,366 $824,303 $3,532,807 $593,063
2019 $2,143,662 $1,114,370 $5,016,284 $1,029,292
2018 $815,090 $781,115 $4,814,110 $33,975
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