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Angiogenesis Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Diseases, Disorders, Medical Disciplines / Heart and Circulatory System Diseases, Disorders (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$959k (2023)

Expenses
$1.13M (2023)

Total Assets
$336k (2023)

Total Liabilities
$508k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending March
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$959,378
Expenses
$1,126,554
Net Income
-$167,176
Net Assets
-$172,705
Notable Sources of Revenue Percent of Total Revenue
Contributions $904,187
94.2%
Program Services $33,000
3.4%
Investment Income $1,304
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $20,887
2.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $623,225
55.3%
Professional Fundraising Fees $0
Other Salaries and Wages $218,586
19.4%
Assets/Debt
Total Assets $335,627
Total Liabilities $508,332
Net Assets -$172,705
Compensation
Key Employees and Officers Compensation Related Other
William W Li Md (President, Medical Director) $276,773 $0 $47,657
Vincent W Li Md Mba (Coo, Sci Director, Treasurer) $230,991 $0 $46,284
Maria Aufiero (Director Of Operations) $140,000 $0 $4,200
Christopher J Bonar Vmd (Board Chairman) $0 $0 $0
Shawna C Li Dvm (Board Secretary) $0 $0 $0
Quentin Andrews Parker (Director) $0 $0 $0
Nicole K Firestone Mba (Director) $0 $0 $0
Louis C Hook Jr Mba (Director) $0 $0 $0
David Evans Hon Dmus (Director) $0 $0 $0
Daniel C Rutz Mph (Director) $0 $0 $0

Document Links

Fiscal Year Ending March
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,243,407
Expenses
$1,104,890
Net Income
$138,517
Net Assets
$1,979
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,215,744
97.8%
Program Services $8,000
0.6%
Investment Income $140
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $19,523
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $604,674
54.7%
Professional Fundraising Fees $0
Other Salaries and Wages $130,975
11.9%
Assets/Debt
Total Assets $359,298
Total Liabilities $357,319
Net Assets $1,979
Compensation
Key Employees and Officers Compensation Related Other
William W Li Md (Ceo, President, Medical Director) $278,068 $0 $45,585
Vincent W Li Md Mba (Coo, Cfo, Sci Director) $231,823 $0 $44,198
Maria Aufiero (Director Of Operations) $140,000 $0 $4,200
Christopher J Bonar Vmd (Board Chairman) $0 $0 $0
Vincent W Li Md Mba (Board Treasurer) $0 $0 $0
Shawna C Li Dvm (Board Secretary) $0 $0 $0
Quentin Andrews Parker (Director) $0 $0 $0
Nicole K Firestone Mba (Director) $0 $0 $0
Louis C Hook Jr Mba (Director) $0 $0 $0
David Evans Hon Dmus (Director) $0 $0 $0
Daniel C Rutz Mph (Director) $0 $0 $0
William W Li Md (Director) $0 $0 $0
Gerald Gehr Md (Director (Until 11/2022)) $0 $0 $0

Document Links

Fiscal Year Ending March
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$642,957
Expenses
$1,072,174
Net Income
-$429,217
Net Assets
-$135,472
Notable Sources of Revenue Percent of Total Revenue
Contributions $598,133
93.0%
Program Services $33,600
5.2%
Investment Income $259
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $10,965
1.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $597,096
55.7%
Professional Fundraising Fees $0
Other Salaries and Wages $176,409
16.5%
Assets/Debt
Total Assets $372,545
Total Liabilities $508,017
Net Assets -$135,472
Compensation
Key Employees and Officers Compensation Related Other
William W Li Md (Ceo, President, Med Director) $276,068 $0 $40,977
Vincent W Li Md Mba (Coo, Cfo, Sci Director) $262,823 $0 $40,580
Maria Aufiero (Director Of Operations) $140,000 $0 $4,200
William W Li Md (Director) $0 $0 $0
Vincent W Li Md Mba (Board Treasurer) $0 $0 $0
Shawna C Li Dvm (Board Secretary) $0 $0 $0
Christopher J Bonar Vmd (Board Chairman) $0 $0 $0
Quentin Andrews Parker (Director) $0 $0 $0
Nicole K Firestone Mba (Director) $0 $0 $0
Louis C Hook Jr Mba (Director) $0 $0 $0
Gerald Gehr Md (Director) $0 $0 $0
David Evans Hon Dmus (Director) $0 $0 $0
Daniel C Rutz Mph (Director) $0 $0 $0

Document Links

Fiscal Year Ending March
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,086,330
Expenses
$1,650,107
Net Income
-$563,777
Net Assets
$293,745
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,063,646
97.9%
Program Services $5,816
0.5%
Investment Income $7,921
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8,947
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $678,825
41.1%
Professional Fundraising Fees $0
Other Salaries and Wages $258,598
15.7%
Assets/Debt
Total Assets $714,669
Total Liabilities $420,924
Net Assets $293,745
Compensation
Key Employees and Officers Compensation Related Other
Vincent W Li Md Mba (Coo, Cfo, Sci Director) $321,006 $0 $39,175
William W Li Md (Ceo, President, Med Direct) $273,019 $0 $37,736
Maria Aufiero (Director Of Operations) $119,212 $0 $3,576
Christopher J Bonar Vmd (Bod Chairman) $0 $0 $0
Vincent W Li Md Mba (Bod Treasurer) $0 $0 $0
Shawna C Li Dvm (Bod Secretary) $0 $0 $0
William W Li Md (Director) $0 $0 $0
David Evans Hon Dmus (Director) $0 $0 $0
Gerald Gehr Md (Director) $0 $0 $0
Nicole K Firestone Mba (Director) $0 $0 $0
Louis C Hook Jr Mba (Director) $0 $0 $0
Quentin Andrews Parker (Director) $0 $0 $0
Daniel C Rutz Mph (Director) $0 $0 $0

Document Links

Fiscal Year Ending March
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,456,629
Expenses
$1,966,150
Net Income
$490,479
Net Assets
$857,522
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,437,233
99.2%
Program Services $250
0.0%
Investment Income $155
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $18,991
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $675,556
34.4%
Professional Fundraising Fees $0
Other Salaries and Wages $453,183
23.0%
Assets/Debt
Total Assets $1,232,819
Total Liabilities $375,297
Net Assets $857,522
Compensation
Key Employees and Officers Compensation Related Other
Vincent W Li Md Mba (Coo, Cfo, Sci Director) $361,508 $0 $40,176
William W Li Md (Ceo, President, Med Director) $272,196 $0 $37,497
Maria Aufiero (Operations Manager) $117,000 $0 $3,510
William W Li Md (Director) $0 $0 $0
Vincent W Li Md Mba (Bod Treasurer) $0 $0 $0
Christopher J Bonar Vmd (Bod Chairman) $0 $0 $0
Shawna C Li Dvm (Bod Secretary) $0 $0 $0
David Evans Hon Dmus (Director) $0 $0 $0
Gerald Gehr Md (Director) $0 $0 $0
Nicole K Firestone Mba (Director) $0 $0 $0
Louis C Hook Jr Mba (Director) $0 $0 $0
Quentin Andrews Parker (Director) $0 $0 $0
Daniel C Rutz Mph (Director) $0 $0 $0

Document Links

Fiscal Year Ending March
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,220,956
Expenses
$2,107,872
Net Income
$113,084
Net Assets
$367,043
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,211,609
99.6%
Program Services $2,178
0.1%
Investment Income $93
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,076
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $578,750
27.5%
Professional Fundraising Fees $0
Other Salaries and Wages $521,425
24.7%
Assets/Debt
Total Assets $890,845
Total Liabilities $523,802
Net Assets $367,043
Compensation
Key Employees and Officers Compensation Related Other
William W Li Md (Ceo, President, Medical Director) $255,359 $0 $38,902
Vincent W Li Md Mba (Coo & Scientific Director) $231,508 $0 $38,186
Diana Saville (Chief Innovation Officer) $136,538 $0 $4,096
Maria Aufiero (Operations Manager) $117,000 $0 $3,510
William W Li Md (Director) $0 $0 $0
Vincent W Li Md Mba (Bod Treasurer) $0 $0 $0
Christopher J Bonar Vmd (Bod Chairman) $0 $0 $0
Shawna C Li Dvm (Bod Secretary) $0 $0 $0
David Evans Hon Dmus (Director) $0 $0 $0
Gerald Gehr Md (Director) $0 $0 $0
Nicole K Firestone Mba (Director) $0 $0 $0
Louis C Hook Jr Mba (Director) $0 $0 $0
Quentin Andrews Parker (Director) $0 $0 $0
Daniel C Rutz Mph (Director) $0 $0 $0

Document Links

Fiscal Year Ending March
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,772,286
Expenses
$1,660,902
Net Income
$111,384
Net Assets
$253,959
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,761,847
99.4%
Program Services $10,090
0.6%
Investment Income $349
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $562,519
33.9%
Professional Fundraising Fees $0
Other Salaries and Wages $485,488
29.2%
Assets/Debt
Total Assets $762,254
Total Liabilities $508,295
Net Assets $253,959
Compensation
Key Employees and Officers Compensation Related Other
William W Li Md (Ceo/President/Med Dir) $256,351 $0 $42,144
Vincent W Li Md Mba (Coo/Sci Dir/Bod Treasurer) $239,241 $0 $41,630
Maria Aufiero (Operations Manager) $114,750 $0 $6,953
David Evans Hondmus (Director) $0 $0 $0
Gerald Gehr Md (Director) $0 $0 $0
Nicole K Firestone Mba (Director) $0 $0 $0
Louis C Hook Jr Mba (Director) $0 $0 $0
Daniel C Rutz Mph (Director) $0 $0 $0
Quentin Andrews Parker (Director) $0 $0 $0
Shawna Rc Li Dvm (Bod Secretary) $0 $0 $0
Christopher Bonar Vmd (Bod Chairman) $0 $0 $0

Document Links

Fiscal Year Ending March
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,928,482
Expenses
$2,620,411
Net Income
-$691,929
Net Assets
$186,244
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,922,916
99.7%
Program Services $3,626
0.2%
Investment Income $1,940
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $526,724
20.1%
Professional Fundraising Fees $0
Other Salaries and Wages $401,163
15.3%
Assets/Debt
Total Assets $585,504
Total Liabilities $399,260
Net Assets $186,244
Compensation
Key Employees and Officers Compensation Related Other
Vincent W Li Md Mba (Coo & Sci Dir) $309,735 $0 $41,288
William W Li Md (Pres & Med Dir) $250,846 $0 $39,521
Diana Saville (Chief Innovation Officer) $112,885 $0 $6,473
William W Li Md (Director) $0 $0 $0
Vincent W Li Md Mba (Director) $0 $0 $0
Christopher Bonar Vmd (Dir & Bd Chair) $0 $0 $0
Shawna C Li Dvm (Director) $0 $0 $0
David Evans Hon D Mus (Director) $0 $0 $0
Gerald Gehr Md (Director) $0 $0 $0
Nicole K Firestone Mba (Director) $0 $0 $0
Louis C Hook Jr Mba (Director) $0 $0 $0
Daniel C Rutz Mph (Director) $0 $0 $0
Quentin Andrews Parker (Director) $0 $0 $0
Vincent W Li Md Mba (Treasurer) $0 $0 $0
Shawna C Li Dvm (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending March
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,189,284
Expenses
$2,865,793
Net Income
-$676,509
Net Assets
$878,386
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,151,263
98.3%
Program Services $35,688
1.6%
Investment Income $2,333
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $505,398
17.6%
Professional Fundraising Fees $0
Other Salaries and Wages $411,735
14.4%
Assets/Debt
Total Assets $1,355,329
Total Liabilities $476,943
Net Assets $878,386
Compensation
Key Employees and Officers Compensation Related Other
Vincent W Li Md Mba (Coo & Sci Dir) $321,713 $0 $24,455
William W Li Md (Pres & Med Dir) $269,786 $0 $24,455
William W Li Md (Director) $0 $0 $0
Vincent W Li Md Mba (Director) $0 $0 $0
Christopher Bonar Vmd (Dir & Bd Chair) $0 $0 $0
Shawna C Li Dvm (Director) $0 $0 $0
David Evans Hon D Mus (Director) $0 $0 $0
Gerald Gehr Md (Director) $0 $0 $0
Nicole K Firestone Mba (Director) $0 $0 $0
Louis C Hook Jr Mba (Director) $0 $0 $0
Sandra Judd Ms (Director) $0 $0 $0
Daniel C Rutz Mph (Director) $0 $0 $0
Quentin Andrews Parker (Director) $0 $0 $0
Vincent W Li Md Mba (Treasurer) $0 $0 $0
Shawna C Li Dvm (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending March
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,717,264
Expenses
$3,106,687
Net Income
-$1,389,423
Net Assets
$660,516
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,706,041
99.3%
Program Services $7,807
0.5%
Investment Income $3,416
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $835,305
26.9%
Professional Fundraising Fees $0
Other Salaries and Wages $436,209
14.0%
Assets/Debt
Total Assets $1,306,826
Total Liabilities $646,310
Net Assets $660,516
Compensation
Key Employees and Officers Compensation Related Other
William W Li Md (Pres & Med Dir) $298,555 $0 $0
Vincent W Li Md Mba (Coo & Sci Dir) $229,824 $0 $0
William W Li Md (Director) $0 $0 $0
Vincent W Li Md Mba (Director) $0 $0 $0
Christopher Bonar Vmd (Dir & Bd Chair) $0 $0 $0
Shawna C Li Dvm (Director) $0 $0 $0
David Evans Hon D Mus (Director) $0 $0 $0
Gerald Gehr Md (Director) $0 $0 $0
Nicole K Firestone Mba (Director) $0 $0 $0
Louis C Hook Jr Mba (Director) $0 $0 $0
Sandra Judd Ms (Director) $0 $0 $0
Daniel C Rutz Mph (Director) $0 $0 $0
Quentin Andrews Parker (Director) $0 $0 $0
Vincent W Li Md Mba (Treasurer) $0 $0 $0
Shawna C Li Dvm (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending March
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,010,395
Expenses
$2,167,127
Net Income
$843,268
Net Assets
$1,375,214
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,001,982
99.7%
Program Services $7,900
0.3%
Investment Income $513
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $436,074
20.1%
Professional Fundraising Fees $0
Other Salaries and Wages $348,585
16.1%
Assets/Debt
Total Assets $1,702,643
Total Liabilities $327,429
Net Assets $1,375,214

Document Links

Fiscal Year Ending March
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,552,204
Expenses
$2,144,818
Net Income
$407,386
Net Assets
$531,834
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,536,152
99.4%
Program Services $15,550
0.6%
Investment Income $502
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $421,298
19.6%
Professional Fundraising Fees $0
Other Salaries and Wages $401,765
18.7%
Assets/Debt
Total Assets $954,752
Total Liabilities $422,918
Net Assets $531,834

Document Links

Fiscal Year Ending March
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,139,722
Expenses
$1,949,022
Net Income
$190,700
Net Assets
$199,448
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,126,843
99.4%
Program Services $11,083
0.5%
Investment Income $1,796
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $404,451
20.8%
Professional Fundraising Fees $0
Other Salaries and Wages $295,715
15.2%
Assets/Debt
Total Assets $679,775
Total Liabilities $480,327
Net Assets $199,448

Document Links

Fiscal Year Ending March
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

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Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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