Results Foundation
- Assets
- $537.6k
- Revenue
- $102.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Eden Prairie, MN
- Founding
- 09/2015
- Data as of
- 12/2023
- EIN
- 46-5233031
Organization Overview
Results Foundation is located in Eden Prairie, MN. The organization was established in 2015. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Results Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Results Foundation generated $102.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $169.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Results Foundation has awarded 40 individual grants totaling $432,643. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE PARTNER WITH LOCAL ORGANIZATIONS TO BUILD THE FOUNDATION FOR STRONG COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RESULTS FOUNDATION HOUSING GRANT SUPPORT LOCAL ORGANIZATIONS WORKING IN AREAS OF TRANSITIONAL HOUSING AND SUSTAINABLE HOMEOWNERSHIP. THE COMMUNITY ENGAGEMENT GRANT SUPPORTS THE COMMUNITIES WHERE RE/MAX RESULTS EMPLOYEES WORK AND LIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lien Pham Board Chair | OfficerTrustee | 1 | $0 |
Kathleen Collopy Director | Trustee | 1 | $0 |
Donnie Brown Director | Trustee | 1 | $0 |
Gary Kirt Director | Trustee | 1 | $0 |
John Collopy Director | Trustee | 1 | $0 |
John Brennan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $17,779 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $68,126 |
| Noncash contributions included in lines 1a–1f | $2,954 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,905 |
| Total Program Service Revenue | $0 |
| Investment income | $21,857 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$7,017 |
| Net Income from Gaming Activities | -$734 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $102,120 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $82,843 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $46,299 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $165 |
| Fees for services: Accounting | $4,113 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,413 |
| Advertising and promotion | $15,246 |
| Office expenses | $1,706 |
| Information technology | $1,437 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $425 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,775 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $518 |
| All other expenses | $0 |
| Total functional expenses | $169,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,618 |
| Savings and temporary cash investments | $474,484 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,500 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $537,602 |
| Accounts payable and accrued expenses | $20 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $20 |
| Net assets without donor restrictions | $537,582 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $537,602 |
Grants Awarded
Over the last fiscal year, Results Foundation has awarded $43,743 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
JEREMIAH PROGRAM PURPOSE: GENERAL PURPOSE TO SUPPORT OPERATIONS. | $7,500 |
BUILD WEALTH MN INC PURPOSE: GENERAL PURPOSE TO SUPPORT OPERATIONS. | $10,000 |
URBAN HOMEWORKS INC PURPOSE: GENERAL PURPOSE TO SUPPORT OPERATIONS. | $7,500 |
GREATER TWIN CITIES UNITED WAY PURPOSE: GENERAL PURPOSE TO SUPPORT OPERATIONS | $5,993 |
ONE ROOF COMMUNITY HOUSING PURPOSE: GENERAL PURPOSE TO SUPPORT OPERATIONS. | $7,500 |
180 DEGREES INC PURPOSE: GENERAL PURPOSE TO SUPPORT OPERATIONS | $5,250 |