Unfortunately, there is no available information about a US nonprofit organization called the "Austin Angel Network" with EIN 272020124. However, I can provide information on organizations with similar names or purposes in Austin, Texas.

Angel Investing in Austin

Austin hosts several prominent organizations involved in angel investing, which is a form of investing where high-net-worth individuals provide financial support to early-stage businesses.

Central Texas Angel Network

The Central Texas Angel Network (CTAN), founded in 2006, is one of the most active angel investing groups in the United States. It is based in Austin and specializes in investing in startups across various sectors. CTAN has invested over $134 million in 223 companies, offering not only financial support but also mentorship and networking opportunities for entrepreneurs.

SWAN Impact Network

Another notable entity is the SWAN Impact Network, which has a chapter in Austin. SWAN focuses on impact investing, supporting startups that address societal and environmental challenges. They prioritize investments in underrepresented founders and have invested over $15 million to date.

Since specific details about the "Austin Angel Network" could not be found, the article cannot be completed based on available information. However, these organizations highlight the vibrant angel investing scene in Austin, Texas.

[1] https://www.ctan.com [2] https://austinareaangels.org/faqs [3] https://www.ctan.com/entrepreneurs [4] https://swanimpact.org [5] https://www.austinangels.com