REAL RESOURCES INC (EIN 411772958) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

DAVID BERG

Phone

6127295444

Tax Period

2023-01-01 to 2023-12-31

REAL RESOURCES INC, founded in 1994, is a community nonprofit in the Religion sector that reported $5.8M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $5.4M left a modest 7% surplus.

Mission

YOUTH FAITH FORMATION & GROWTH/ TRAINING AND DEVELOPMENT FOR YOUTH PASTORS AND YOUTH LEADERSHIP.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $779,959

Program Service Revenue $4,612,212

Investment Income $162,544

Other Revenue $226,192

TOTAL REVENUE $5,780,907

Expense Breakdown

Grants Paid $39,315

Salaries & Benefits $2,332,269

Fundraising Expenses $0

Program Expenses $3,254,747

Other Expenses $3,005,155

TOTAL EXPENSES $5,376,739

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,780,907	$6,221,569	-0.1%
Expenses	$5,376,739	$4,948,219	+0.1%
Net Income	$404,168	$1,273,350	-0.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

113

Volunteers

160

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$66,250

Total Directors

$66,250

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILIP WOLF	CAO/SECRETARY/TREASURER/INTERIM CHAIR	20.00	Officer Director	$62,500	$3,750	$66,250
JIM OLSON	CHAIR/TREASURER	3.00	Officer Director	$0	$0	$0
WILLIAM CUMBY	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL REEVE	DIRECTOR	1.00	Director	$0	$0	$0
ERICA SCHIMELPFENIG	PRESIDENT, YOUTHWORKS	40.00	Highest	$107,197	$25,045	$132,242
LUCAS LEYS	PRESIDENT, E625	40.00	Highest	$128,842	$10,842	$139,684
CARLOS PINERO	VP OF MOBILIZATION	0.00	Highest	$100,676	$24,499	$125,175

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$5,780,907	$5,376,739	$3,751,345	$404,168
2022	$6,221,569	$4,948,219	$4,060,386	$1,273,350
2021	$4,979,217	$4,004,561	$2,778,257	$974,656
2020	$1,986,787	$3,910,637	$3,033,305	$-1,923,850
2019	$8,514,139	$7,859,435	$5,113,504	$654,704
2018	$15,413,157	$7,333,335	$4,018,869	$8,079,822

REAL RESOURCES INC