Nonprofit · EIN 41-1772958
REAL RESOURCES INC
Tax-exempt · GOLDEN VALLEY, MN 55427
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,534,440 | $4,692,687 | $841,753 | $4,634,267 | $874,481 | $3,759,786 |
| December 31, 2023 | 990 | $5,780,907 | $5,376,739 | $404,168 | $3,751,345 | $833,312 | $2,918,033 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,521,476
- Program service revenue
- $3,716,450
- Investment income
- $91,675
- Net income from sales of inventory
- $191,166
- Other revenue
- $204,839
Expenses
- Grants and similar amounts paid
- $39,926
- Compensation of officers, directors and key employees
- $540,067
- Other salaries and wages
- $1,288,015
- Salaries, compensation and benefits (total)
- $2,132,147
- Professional fundraising fees
- $0
- Legal fees
- $4,705
- Accounting fees
- $176,676
- Occupancy
- $134,595
- Travel
- $809,146
- Depreciation
- $797
- Program services (functional)
- $3,551,301
- Management and general (functional)
- $1,117,405
- Fundraising (functional)
- $23,981
Balance sheet and other
- Total assets, start of year
- $3,751,345
- Total assets, end of year
- $4,634,267
- Total liabilities, end of year
- $874,481
- Net assets, end of year
- $3,759,786
- Land, buildings and equipment
- $1,628
- Net assets without donor restrictions
- $2,081,364
- Net assets with donor restrictions
- $1,678,422
- Gross receipts
- $5,928,819
- Employees
- 91
- Volunteers
- 150
- Year formed
- 1994
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LUCAS LEYS | PRESIDENT, E625 Officer | 40 | $128,301 | $13,987 |
| CARLOS PINERO | PRESIDENT, YOUTHWORKS Officer | 40 | $102,890 | $31,781 |
| DAVID BERG | CAO Officer | 40 | $94,368 | $35,517 |
| ERICA SCHIMELPFENIG | PRESIDENT, YOUTHWORKS Officer | 40 | $83,112 | $35,019 |
| PHILIP WOLF | CFO/TREASURER Trustee or director, Officer | 20 | $46,474 | $2,788 |
| WILLIAM CUMBY | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DANIEL REEVE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LUCAS LEYS | PRESIDENT, E625 Highest-paid employee | 40 | $128,842 | $10,842 |
| ERICA SCHIMELPFENIG | PRESIDENT, YOUTHWORKS Highest-paid employee | 40 | $107,197 | $25,045 |
| CARLOS PINERO | VP OF MOBILIZATION Highest-paid employee | 0 | $100,676 | $24,499 |
| PHILIP WOLF | CAO/SECRETARY/TREASURER/INTERIM CHAIR Trustee or director, Officer | 20 | $62,500 | $3,750 |
| JIM OLSON | CHAIR/TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| WILLIAM CUMBY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL REEVE | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 27359, GOLDEN VALLEY, MN 55427-0359
- Principal officer (990 for 2024)
- DAVID BERG, 7520 GOLDEN VALLEY ROAD, GOLDEN VALLEY, MN 55427
- Signed the 990
- DAVID BERG, CHIEF ADMINISTRATIVE OFFICER
- Phone
- (612) 729-5444
- Website
- WWW.REALRESOURCES.COM
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
TO HELP TEENAGERS KNOW AND FOLLOW JESUS CHRIST AND EQUIP AND ENCOURAGE YOUTH LEADERS IN MINISTERING TO THEM.
Program accomplishments
- YOUTHWORKS PROVIDED SHORT-TERM MISSION EXPERIENCES TO YOUTH GROUPS AT SITES IN THE USA. E625 HAS A PRESENCE IN ALL THE SPANISH-SPEAKING COUNTRIES OF THE WORLD, SERVING THOUSANDS THROUGH THEIR PREMIUM DIGITAL CONTENT ACCESSED THROUGH THEIR WEBSITE, E625 AUTHORED BOOKS, THE ONLINE E625 INSTITUTE AND SEMINARS. BORDER PERSPECTIVE CREATES THE OPPORTUNITIES FOR INDIVIDUALS TO SERVE AND LEARN ABOUT IMMIGRATION AT THE U.S. AND MEXICO BORDER.Expenses $3,551,301 · grants $39,926 · revenue $3,907,616
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-1772958
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X99)
- Assets (IRS master file)
- $4,634,267
- Income (IRS master file)
- $5,928,819
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,534,440 | $4,692,687 | $4,634,267 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $5,780,907 | $5,376,739 | $3,751,345 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $6,221,569 | $4,948,219 | $4,060,386 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1772958).
Questions about REAL RESOURCES INC
- What is the EIN of REAL RESOURCES INC?
- The employer identification number (EIN) of REAL RESOURCES INC is 41-1772958.
- Is REAL RESOURCES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to REAL RESOURCES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does REAL RESOURCES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of REAL RESOURCES INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did REAL RESOURCES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of REAL RESOURCES INC?
- The 990 for the year ended December 31, 2024 names DAVID BERG.
- Who are the officers and directors of REAL RESOURCES INC?
- The 990 for the year ended December 31, 2024 lists 7 people; 5 received compensation from the organization, the highest $128,301 (LUCAS LEYS, PRESIDENT, E625).
- How much revenue does REAL RESOURCES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,534,440, expenses of $4,692,687 and total assets of $4,634,267 at year end.
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