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Colorado · Nonprofit

ANGEL COVERS

ANGEL COVERS (Colorado) receives grants from 6 organizations whose IRS filings report $135,148 to it, the largest being COLORADO GIVES FOUNDATION ($105,725). 3 of them have funded it in more than one year, and 91% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2022
$47k
Funders on record
6
Grants received
$135k
Net assets
$110k
3/6 repeat funderspeak grant-dependency 49%
01What it does

What Angel Covers does

Mission

Angel Covers is a human and social service safety net agency working with orphansand children. They provide services in the following areas: education, shelter, nutrition and medical care.

As stated on its FY2022 Form 990-EZ.

Program

  1. Angel Covers is a global development organization strengthening healthcare and education in rural communities where children are vulnerable to malnutrition, trafficking, and disease, to ensure every child's life is full of health and opportunity. In 2022, the organization opened a clinic in kenya that will serve a population of more than 20,000 people, where the nearest hospital is over two hours away. The organization provides vital health services in a region that experiences high levels of neonatal mortality, malnutrition, and disease. The organization continued the gate program in northern thailand providing educational support to keep girls in school and safe from trafficking. The organization tackled the two critical areas that rob children of their futures-lack of education and low access to healthcare.our administrative costs are less than 6% and we have provided thousands of volunteer hours through the committed efforts of more than 25 volunteers. Directors in charge of monitoring and overseeing programs work more than 40 hours a week to ensure the best possible programs for the children we serve. Every dollar donated to Angel Covers is used to provide program services to…

    $63,889 spentof which $46,953 as grants
    100% of program spending

The program described on its FY2022 Form 990-EZ. Program spending in total: $63,889.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($70k) Expenses 100 ($72k) Net assets 100 ($113k)2018 Revenue 103 ($72k) Expenses 54 ($39k) Net assets 129 ($146k)2019 Revenue 92 ($64k) Expenses 69 ($50k) Net assets 141 ($160k)2020 Revenue 88 ($61k) Expenses 84 ($61k) Net assets 141 ($160k)2021 Revenue 63 ($44k) Expenses 96 ($69k) Net assets 119 ($134k)2022 Revenue 67 ($47k) Expenses 99 ($71k) Net assets 97 ($110k)
201720182019202020212022
Revenue (67)Expenses (99)Net assets (97)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $113k to $147k (+30%).

$113k
$147k
$160k
$160k
$134k
$111k
201720182019202020212022
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
ContributionsProgram revenueInvestmentOther

100% of ANGEL COVERS’s revenue is contributions — more reliant on donations than three-quarters of its peers (100% for the typical peer).

This organization
Typical peer · 19,498 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 6 reported years ran a deficit.

−$2k
’17
$33k
’18
$14k
’19
$229
’20
−$26k
’21
−$24k
’22

Leadership and staff

Chief executive

Heidi Cortez

Executive director

As listed on its FY2022 Form 990-EZ.

03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income fell $23k → $7k.

3 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 91% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ANGEL COVERS’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ANGEL COVERS leans on a few funders — its largest provides 78% of grant income and the top three 94%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

91% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ANGEL COVERS.

78%
largest funder
94%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 54% · 2019 100% · 2020 99% · 2021 78% · 2022 89% · 2023 85% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

91% of ANGEL COVERS's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $13k that is directly attributable, 80% of it comes from funders outside Colorado, across 3 states.

MA
CO
KS

In-state vs out-of-state, by year

’21
’22
’23
Colorado out of state home

Funder states come from each funder’s own filing. $123k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ANGEL COVERS's revenue fell 33% between 2017 and 2022.

Operating margin−52% · bottom quartile
Revenue growth (annualized)−8% · below the median

this organization peer median middle 50% of peers· 14,237 human services nonprofits under $100k, FY2022

Organizations like ANGEL COVERS

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Colorado

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CO

Screen this organization

A dated, signed PDF of the compliance screen for ANGEL COVERS: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ANGEL COVERS?
ANGEL COVERS (Colorado) receives grants from 6 organizations whose IRS filings report $135,148 to it, the largest being COLORADO GIVES FOUNDATION ($105,725). 3 of them have funded it in more than one year, and 91% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does ANGEL COVERS have?
IRS filings report 6 organizations giving $135,148 in grants to ANGEL COVERS, 3 of which have funded it in more than one year.
Who is the largest funder of ANGEL COVERS?
COLORADO GIVES FOUNDATION is the largest funder on record, with $105,725 in grants. The full list of funders is on this page.
How can an organization like ANGEL COVERS find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Angel Covers →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2022 (financials across 2017–2022), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing