Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2016.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
95 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
12 people listed on the 990.
Kelly Grinsteinner’s $18K as Executive Director is at the 10th percentile of top reported officer pay among 1979 $100K–1M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 |
|---|---|---|---|
| Kelly Grinsteinner | $17,500 | $17,500 | $8,750 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Angel Fund INC executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Provides financial aid to Northern Minnesota cancer patients for non-medical costs.
Questions for Angel Fund INC
Your first name shows with your question. Angel Fund INC answers here, for everyone.
Financial assistance provided through 171 grants to help defray costs related to cancer not covered by insurance
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $226K | $262K |
| InvestmentsLn 11–13 | $55K | |
| Total assetsLn 16 | $226K | $317K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $226K | $317K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $33K | $33K | ||
| Accounting feesLn 11c | $175 | $0 | $175 | $0 |
| Advertising and promotionLn 12 | $1K | $1K | $0 | $0 |
| Office expensesLn 13 | $545 | $0 | $545 | $0 |
| InsuranceLn 23 | $1K | $0 | $1K | $0 |
| Other expenses (24a–d)Ln 24 | $2K | $2K | $95 | $0 |
| Total functional expensesLn 25 | $38K | $36K | $2K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Oct 29, 2025 | $252K | $274K | −$22K | $556K | 990 PDF |
| FY2023Filed with the IRS Nov 12, 2024 | $246K | $153K | $93K | $578K | 990 PDF |
| FY2022Filed with the IRS Nov 10, 2023 | $192K | $116K | $76K | $485K | 990 PDF |
| FY2021Filed with the IRS Nov 9, 2022 | $165K | $67K | $98K | $414K | 990 PDF |
| FY2020 ViewingFiled with the IRS Nov 11, 2021 | $128K | $38K | $91K | $317K | 990 PDF |
Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $128,462 revenue, 12 lines filed
Part VI · Governance 12 of 12 board members independent, 3 to look at
Part VIII · Statement of revenue $128,462 across 6 lines filed
Part IX · Statement of functional expenses $37,652 across 6 lines filed
Part X · Balance sheet $316,686 assets, 9 lines filed
Part XI · Reconciliation of net assets $316,686 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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