THE THIELEN FOUNDATION INC C/O LUKAS INVEISS

EIN: 825085997 501(c)(3) Philanthropy & Grantmaking

MINNEAPOLIS, MN

Total Revenue
$1,223,984
Total Expenses
$441,040
Total Assets
$1,856,246
Net Assets
$1,799,136
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
MN
Principal Officer
LUKAS INVEISS
Phone
3202916119
Tax Period
2023-01-01 to 2023-12-31

THE THIELEN FOUNDATION INC C/O LUKAS INVEISS, founded in 2018, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.2M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $783K, a strong 64% operating margin.

Mission

ADAM THIELEN IS AN AMERICAN FOOTBALL WIDE RECEIVER WHO PLAYS IN THE NFL FOR THE CAROLINA PANTHERS. TOGETHER WITH HIS WIFE, CAITLIN, AND SONS, ASHER AND HUDSON, THE THIELEN FOUNDATION HAS BEEN FORMED TO HELP SERVE, EDUCATE, AND INSPIRE THOSE IN NEED. WITH AN OVERARCHING THEME ON YOUTH DEVELOPMENT, THE THIELEN FOUNDATION AIMS TO CREATE PROGRAMS THAT WILL EQUIP AND EMPOWER KIDS TO REACH THEIR FULL POTENTIAL IN LIFE.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $891,346
Program Service Revenue $0
Investment Income $3,735
Other Revenue $328,903
TOTAL REVENUE $1,223,984

Expense Breakdown

Grants Paid $348,603
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $394,099
Other Expenses $92,437
TOTAL EXPENSES $441,040

Year-over-Year Comparison

2023 2022 Change
Revenue $1,223,984 $1,495,703 -0.2%
Expenses $441,040 $1,615,253 -0.7%
Net Income $782,944 $-119,550 -7.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
40

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM THIELEN PRESIDENT 4.00
Officer Director
$0 $0 $0
CAITLIN THIELEN VICE PRESIDENT 6.00
Officer Director
$0 $0 $0
LUKAS INVEISS TREASURER 8.00
Officer Director
$0 $0 $0
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 $1,223,984 $441,040 $1,856,246 $782,944
2022 $1,495,703 $1,615,253 $1,355,279 $-119,550
2021 $1,149,824 $573,545 $1,164,292 $576,279
2020 $424,893 $560,465 $357,010 $-135,572
2019 $592,956 $272,363 $492,582 $320,593
2018 $248,893 $76,904 $171,989 $171,989
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