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← ACHIEVEMENT UNLIMITED FOUNDATION

Form 990 for tax year 2023

Filed by ACHIEVEMENT UNLIMITED FOUNDATION.

Totals

Total revenue
$210,206
Total expenses
$64,359
Contributions and grants received
$180,040
Grants paid
$42,300
Program service revenue
$0
Investment income
$30,166
Other revenue
$0
Total assets, end of year
$1,206,683
Total liabilities, end of year
$7,274
Net assets or fund balances, end of year
$1,199,409
Program services expenses (Part IX)
$49,800
Management and general expenses
$14,559
Fundraising expenses
$0
Program service expenses (Part III)
$49,800

Program services were 77.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $180,040

  • 3 · Investment income

    total $42,862 · excluded $42,862

  • 7a · Gross sales of assets other than inventory

    securities $250,780

  • 7b · Less cost or other basis and sales expenses

    securities $263,476

  • 7c · Gain or loss

    securities -$12,696

  • 7d · Net gain or loss

    total -$12,696 · excluded -$12,696

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $42,300 · program services $42,300

  • 11c · Fees: accounting

    total $6,500 · management and general $6,500

  • 11f · Fees: investment management

    total $4,233 · management and general $4,233

  • 11g · Fees: other

    total $11,301 · program services $7,500 · management and general $3,801

  • 13 · Office expenses

    total $25 · management and general $25

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $72,325 · end of year $234,869

  • 11 · Investments: publicly traded securities

    beginning of year $954,001 · end of year $971,814

  • 25 · Other liabilities

    beginning of year $14,536 · end of year $7,274

  • 27 · Net assets without donor restrictions

    beginning of year $1,011,790 · end of year $1,019,409

  • 28 · Net assets with donor restrictions

    end of year $180,000

Mission and programs · 2023

Mission

Achievements Unlimited Foundation operates exclusively for charitable, scientific and educational purposes for the benefit, performance, functions, and charitable purposes of Impact Foundation. Operating to provide nonprofit organizations with educational resources and technical assistance, Achievements Unlimited Foundation measurably improves organizational effectiveness, optimizes long-term financial capacity, and enhances sustainability for a more effective and greater societal impact.

Activities or mission (Part I)

Achievements Unlimited Foundation operates exclusively to support the mission of Impact Foundation.

  • Organizational EffectivenessImpact and its supporting organization, Achievements Unlimited Foundation (collectively the "Foundations"), recognizes that many nonprofit organizations often lack the expertise and financial resources to invest in organizational assessments, strategic planning and highly effective fundraising training to ensure their organization's effectiveness and long-term sustainability. The Foundations partnered with Dakota Medical Foundation, an unrelated nonprofit organization, through the Impact Institute (Institute) to provide support, education, training, and coaching sessions for nonprofit partner organizations. Since inception in 2005, the Institute has trained nonprofit executives and directors from over 500 nonprofit organizations in Institute leadership and fundraising concepts.Nonprofit Board and Management Training: Training boards and key management personnel to operate their organizations in a highly effective and efficient manner is a key education focus for the Foundations. Having encouraged many area nonprofit organizations to attend the Institute's education and training programs, in 2023, the Institute helped readily-equip 500 charitable organizations to solve complex community challenges. With a particular emphasis in fundraising, many charities continued their professional development in a digital fundraising curriculum and coaching program called Build a Fundraising System in 30 Days. This program was developed to grow an organization's resources to power its mission. As a result of participating in fundraising training, a study of 21 nonprofit organizations showed community support on Giving Hearts Day increased over a twelve-year period from $353,000 in donations in 2008 to $2.4 million in donations in 2023. For 2023 there were over 560 charities participating in Giving Hearts Day which raised over $26.155 million with nearly 42,000 donors making 90,351 donations.Grant Writing Services: Since 2005, the Foundations have supported grant writing assistance for health-related nonprofit organizations to generate additional financial resources for their programs. Since the formal addition of grant writing assistance, the Foundations and other regional nonprofit organizations have secured over $24.5 million in grant funding.

    Expenses $49,800 · Grants $42,300

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Dan Carey

    Chair

    Total calculated
    $0
    Hours/week
    0.1 + 3 related
  • Susan Mathison MD

    Vice Chair

    Total calculated
    $0
    Hours/week
    0.1 + 2 related
  • Phil Hansen

    Secretary/Treasurer

    Total calculated
    $0
    Hours/week
    0.1 + 2 related
  • Sindy Keller

    Board Member

    Total calculated
    $0
    Hours/week
    0.1 + 2 related
  • J Patrick Traynor

    Executive Director

    Total calculated
    $129,904
    From this org
    $0
    From related orgs
    $129,904
    Other
    $0
    Hours/week
    0.5 + 17 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • DBL used the grant proceeds for the development of a strategic plan, direction, and implementation of the newly created and certified Community Development Financial Institution (CFDI).

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202403199349314730

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