KELSEY LOGAN ANGEL FUND

EIN: 752600689 501(c)(3) Health Care

MIDLAND, TX

Total Revenue
$5,380
Total Expenses
$41,223
Total Assets
$510,900
Net Assets
$510,900
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
TX
Principal Officer
Pam Logan
Phone
4326831944
Tax Period
2020-10-01 to 2021-09-30

KELSEY LOGAN ANGEL FUND, founded in 1995, is a micro nonprofit in the Health Care sector that reported $5K in total revenue in fiscal year 2020. Expenses of $41K exceeded revenue, resulting in a 666% operating deficit.

Mission

The Kelsey Logan Angel Fund brightens the lives of children with cancer by giving them gifts. The gifts bring smiles and a little bit of happiness which in turn helps them fight the disease. A sampling of gifts range from small toys clothing and books to larger mini weekend trips or computers.

Program Service Accomplishments

Program 1
Expenses: $2,396 Revenue: $0

The Kelsey Logan Angel Fund has one program service and that is gifts to children diagnosed with cancer. Pediatric oncology nurses and hospital child life specialists submit an application to the...

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The Kelsey Logan Angel Fund has one program service and that is gifts to children diagnosed with cancer. Pediatric oncology nurses and hospital child life specialists submit an application to the fund. The application states gift request diagnosis treatment facility doctor and parent information.

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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 (2020)

Revenue Breakdown

Contributions & Grants $5,246
Program Service Revenue $0
Investment Income $134
Other Revenue $0
TOTAL REVENUE $5,380

Expense Breakdown

Grants Paid $25,267
Salaries & Benefits $13,560
Fundraising Expenses $0
Program Expenses $2,396
Other Expenses $2,396
TOTAL EXPENSES $41,223

Year-over-Year Comparison

2020 2019 Change
Revenue $5,380 N/A N/A
Expenses $41,223 N/A N/A
Net Income $-35,843 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
4

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
$12,000
Total Directors
5
$12,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brad Logan President Director 2.00
Officer Director
$0 $0 $0
Pam Logan Executive Director Treasurer 16.00
Officer Director
$12,000 $0 $12,000
Nancy Piette Vice President Director 1.00
Officer Director
$0 $0 $0
Lanae Juno Director 1.00
Director
$0 $0 $0
Mallory Buck Director 1.00
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
2021 $5,380 $41,223 $510,900 $-35,843
2020 $25,641 $45,154 $547,172 $-19,513
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