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Kansas · Nonprofit

ANGEL INVESTOR FOUNDATION

ANGEL INVESTOR FOUNDATION (Kansas) receives grants from 10 organizations whose IRS filings report $176,829 to it, the largest being IMPACT CHARITABLE ($62,340). 1 of them have funded it in more than one year, and 76% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$338k
Funders on record
10
Grants received
$177k
Net assets
$605k
1/10 repeat funderspeak grant-dependency 21%
01What it does

What Angel Investor Foundation does

Mission

The mission of Angel Investor Foundation is to advance the arts and sciences of angel investing through education, research, and other charitable activities in support of the mission, vision, strategy, and goals of its affiliated organization, angel capital association.

As stated on its FY2025 Form 990.

Program

  1. Program service accomplishments: advance the arts and sciences of angel investing through education, research, and other charitable activities in support of the mission, vision, strategy, and goals of its affiliated organization, angel capital association.

    $351,486 spentof which $200,000 as grants$265,316 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $351,486.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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 = 20212021 Revenue 100 ($77k) Expenses 100 ($79k) Net assets 100 ($7k)2022 Revenue 645 ($498k) Expenses 324 ($257k) Net assets 3362 ($248k)2023 Revenue 1043 ($805k) Expenses 569 ($451k) Net assets 12476 ($920k)2024 Revenue 739 ($570k) Expenses 780 ($619k) Net assets 11825 ($872k)2025 Revenue 438 ($338k) Expenses 762 ($604k) Net assets 8203 ($605k)
20212022202320242025
Revenue (438)Expenses (762)Net assets (8203)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 2021 to 2022, from $7k to $666k (+8926%).

$7k
$666k
$984k
$915k
$626k
20212022202320242025
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.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

7% of ANGEL INVESTOR FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

−$2k
’21
$241k
’22
$354k
’23
−$48k
’24
−$266k
’25
12
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Patrick Gouhin

CEO & president

Board chair

Ron Weissman

Chair

As listed on its FY2025 Form 990.

2022202320242025
Listed5544
Joined·+0+1+0
No longer listed·020
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $250 → $58k.

5 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 76% 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 INVESTOR FOUNDATION’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 INVESTOR FOUNDATION leans on a few funders — its largest provides 35% of grant income and the top three 79%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

81% 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 INVESTOR FOUNDATION.

35%
largest funder
79%
top three
~4
effective funders

Largest funder’s share by year: 2021 100% · 2022 60% · 2023 66% — 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

76% of ANGEL INVESTOR FOUNDATION'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 $43k that is directly attributable, 100% of it comes from funders outside Kansas, across 4 states.

MA
OH
NJ
NC

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

’21
’22
Kansas out of state home

Funder states come from each funder’s own filing. $134k arriving through sponsors registered in 4 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 INVESTOR FOUNDATION has grown faster than three-quarters of the 16,849 education nonprofits its size.

Operating margin−79% · bottom quartile
Months of reserve11.7mo · above the median
Revenue growth (annualized)45% · top quartile

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like ANGEL INVESTOR FOUNDATION

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 Kansas

Nationally

05Profile & governance

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

Where the money goes

79% of spending goes to programs.

Program 79%Management 21%Fundraising 0%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

56%

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

Footprint & structure

Files a return copy in 1 state

KS

Part of a family of 1 related entity

  • Angel Capital Association · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ANGEL INVESTOR FOUNDATION: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 INVESTOR FOUNDATION?
ANGEL INVESTOR FOUNDATION (Kansas) receives grants from 10 organizations whose IRS filings report $176,829 to it, the largest being IMPACT CHARITABLE ($62,340). 1 of them have funded it in more than one year, and 76% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does ANGEL INVESTOR FOUNDATION have?
IRS filings report 10 organizations giving $176,829 in grants to ANGEL INVESTOR FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of ANGEL INVESTOR FOUNDATION?
IMPACT CHARITABLE is the largest funder on record, with $62,340 in grants. The full list of funders is on this page.
How can an organization like ANGEL INVESTOR FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kansas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 10 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