757 ANGELS

EIN: 472382748 Community Improvement

NORFOLK, VA

Total Revenue
$12,007
Total Expenses
$261,824
Total Assets
$292,547
Net Assets
$292,547
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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
2014
Legal Domicile
VA
Principal Officer
TINA MCRAE
Phone
8043661535
Tax Period
2024-01-01 to 2024-12-31

757 ANGELS, founded in 2014, is a micro nonprofit in the Community Improvement sector that reported $12K in total revenue in fiscal year 2024. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $262K exceeded revenue, resulting in a 2081% operating deficit.

Mission

757 ANGELS MISSION IS TWOFOLD:-TO HELP GROW AND DIVERSIFY THE HAMPTON ROADS ECONOMY BY SUPPORTING EXCITING AND PROMISING NEW & EARLY STAGE COMPANIES.-TO PROVIDE 757 ANGEL MEMBERS A RISK-ADJUSTED FINANCIAL RETURN ON THEIR INVESTMENT CAPITAL AND TIME COMMITMENT.

Program Service Accomplishments

Program 1
Expenses: $164,287 Revenue: $2,030

MEMBERSHIP IN 757 ANGELS IS EXTENDED TO INDIVIDUALS WHO SHARE THE ANGEL'S VISION AND WILL ACTIVELY CONTRIBUTE TO THE PROCESS. 757 ANGELS ALSO RECEIVES A FEE FOR EACH APPLICATION FROM COMPANIES...

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MEMBERSHIP IN 757 ANGELS IS EXTENDED TO INDIVIDUALS WHO SHARE THE ANGEL'S VISION AND WILL ACTIVELY CONTRIBUTE TO THE PROCESS. 757 ANGELS ALSO RECEIVES A FEE FOR EACH APPLICATION FROM COMPANIES INTERESTED IN PRESENTING TO ANGEL INVESTORS.

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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 $0
Program Service Revenue $2,030
Investment Income $9,977
Other Revenue $0
TOTAL REVENUE $12,007

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $164,287
Other Expenses $261,824
TOTAL EXPENSES $261,824

Year-over-Year Comparison

2024 2023 Change
Revenue $12,007 $384,953 -1.0%
Expenses $261,824 $187,232 +0.4%
Net Income $-249,817 $197,721 -2.3%
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
15
Independent Members
15
Employees
N/A
Volunteers
18

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
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN PARIS BOARD MEMBER 0.00
Director
$0 $0 $0
PAUL DINARDO BOARD MEMBER 0.62
Director
$0 $0 $0
OWEN GRIFFIN TREASURER 0.62
Officer Director
$0 $0 $0
SARA BALDWIN BOARD MEMBER 0.62
Director
$0 $0 $0
TINA MCRAE CHAIRMAN 0.62
Officer Director
$0 $0 $0
CHARLES MCPHILLIPS BOARD MEMBER 0.62
Director
$0 $0 $0
DAVE LEVIN BOARD MEMBER 0.62
Director
$0 $0 $0
RANDY WEBB BOARD MEMBER 0.62
Director
$0 $0 $0
PAUL NOLDE EXECUTIVE DIRECTOR 0.62
Director
$0 $0 $0
JENNIFER VAZIRALLI VICE CHAIRMAN 0.62
Officer Director
$0 $0 $0
WILLY DONALDSON BOARD MEMBER 0.62
Director
$0 $0 $0
CAMERON ROBINETT BOARD MEMBER 0.62
Director
$0 $0 $0
CJ SPADY BOARD MEMBER 0.62
Director
$0 $0 $0
DANIELLE FEAGAN BOARD MEMBER 0.62
Director
$0 $0 $0
MICHAEL KALISHMAN BOARD MEMBER 0.62
Director
$0 $0 $0
TODD BUDLONG BOARD MEMBER 0.62
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 $12,007 $261,824 $292,547 $-249,817
2023 $384,953 $187,232 $542,364 $197,721
2022 $468,815 $411,988 $382,341 $56,827
2021 $424,577 $388,436 $292,478 $36,141
2020 $280,331 $287,048 $252,764 $-6,717
2019 $365,031 $274,247 $259,056 $90,784
2018 $179,303 $200,955 $167,608 $-21,652
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