REAL RESOURCES FOUNDATION

EIN: 411973954 501(c)(3)

ARDEN HILLS, MN

Total Revenue
$86
Total Expenses
$8,266,804
Total Assets
$32,935
Net Assets
$32,935
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
MN
Principal Officer
JIM OLSON
Phone
6127295444
Tax Period
2018-01-01 to 2018-12-31

REAL RESOURCES FOUNDATION, founded in 2000, is a micro nonprofit that reported $86 in total revenue in fiscal year 2018. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $8.3M exceeded revenue, resulting in a 9612463% operating deficit.

Mission

REAL RESOURCES FOUNDATION SUPPORTS THE BENEVOLENT EFFORTS OF ITS AFFILIATED FAMILY MINISTRIES AS WELL AS SELECT STRATEGIC INITIATIVES.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $86
Other Revenue $0
TOTAL REVENUE $86

Expense Breakdown

Grants Paid $8,266,086
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $8,266,086
Other Expenses $718
TOTAL EXPENSES $8,266,804

Year-over-Year Comparison

2018 2017 Change
Revenue $86 $170,858 -1.0%
Expenses $8,266,804 $29,563 +278.6%
Net Income $-8,266,718 $141,295 -59.5%
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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
11

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
1
$136,189
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM OLSON CHAIRMAN 1.00
Director
$0 $0 $0
SHARON SAMPSON VICE CHAIRMAN 1.00
Director
$0 $0 $0
RAFA ROBERT SECRETARY 1.00
Director
$0 $0 $0
CESAR CASTILLEJOS DIRECTOR 1.00
Director
$0 $0 $0
STEVE COLEMAN DIRECTOR 1.00
Director
$0 $0 $0
PAMELA ERWIN DIRECTOR/INTERIM CEO 1.00
Director
$0 $0 $0
ANTHONY HOANG DIRECTOR 1.00
Director
$0 $0 $0
ANDREW LONSBURY DIRECTOR 1.00
Director
$0 $0 $0
MATT RUNION DIRECTOR 1.00
Director
$0 $0 $0
EDRIN WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
LEAH WONG DIRECTOR 1.00
Director
$0 $0 $0
PHIL WOLF CFO 2.00
Officer
$0 $11,055 $136,189
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
2018 $86 $8,266,804 $32,935 $-8,266,718
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare REAL RESOURCES FOUNDATION with other nonprofits in Minnesota and across the country.