Totals
- Total revenue
- $1,223,984
- Total expenses
- $441,040
- Contributions and grants received
- $891,346
- Grants paid
- $348,603
- Program service revenue
- $0
- Investment income
- $3,735
- Other revenue
- $328,903
- Total assets, end of year
- $1,856,246
- Total liabilities, end of year
- $57,110
- Net assets or fund balances, end of year
- $1,799,136
- Program services expenses (Part IX)
- $394,099
- Management and general expenses
- $46,941
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $394,099
Program services were 89.4% 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
$891,346
-
3 · Investment income
total $3,735 · excluded $3,735
-
8a · Fundraising events: gross income
$401,160
-
8b · Fundraising events: direct expenses
$323,081
-
8c · Net income from fundraising events
total $78,079 · excluded $78,079
-
10a · Gross sales of inventory
$49,079
-
10b · Cost of goods sold
$16,700
-
10c · Net income from sales of inventory
total $32,379 · related or exempt $32,379
-
11a · Other revenue: INVESTMENT RETURNS
total $218,445 · related or exempt $218,445
-
11e · Other revenue, total
$218,445
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $348,603 · program services $348,603
-
11a · Fees: management
total $52,843 · program services $45,496 · management and general $7,347
-
11b · Fees: legal
total $2,866 · management and general $2,866
-
11c · Fees: accounting
total $19,532 · management and general $19,532
-
13 · Office expenses
total $7,037 · management and general $7,037
-
24a · Other expenses: BANK CHARGES
total $4,382 · management and general $4,382
-
24b · Other expenses: BAD DEBT EXPENSE
total $3,700 · management and general $3,700
-
24c · Other expenses: OTHER EVENT EXPENSES
total $2,077 · management and general $2,077
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $285,268 · end of year $115,987
-
4 · Accounts receivable
beginning of year $59,187 · end of year $26,200
-
8 · Inventories for sale or use
beginning of year $4,990 · end of year $5,313
-
9 · Prepaid expenses and deferred charges
beginning of year $5,000 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $1,000,834 · end of year $1,708,746
-
17 · Accounts payable and accrued expenses
beginning of year $39,089 · end of year $17,110
-
18 · Grants payable
beginning of year $300,000 · end of year $40,000
-
27 · Net assets without donor restrictions
beginning of year $1,016,190 · end of year $1,799,136
Mission and programs · 2023
Mission
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.
Activities or mission (Part I)
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.
-
HERE AT THE THIELEN FOUNDATION, WE BELIEVE IN THE POWER OF SPORT. THE POWER OF SPORT CAN CHANGE OUR SOCIETY BY SHOWCASING OUR DIFFERENCES ANDSIMILARITIES AND HOW WE CAN COME TOGETHER AS A TEAM TO ACHIEVE A GREATER GOAL. WE ALSO BELIEVE THE ZIP CODE YOU ARE BORN IN SHOULD NOTDETERMINE YOUR FUTURE POTENTIAL WHICH IS WHY WE DEVELOPED THE #CHANGETHRUSPORT CAMPAIGN.THE #CHANGETHRUSPORT PROGRAM WAS DEVELOPED IN 2020 TO STAND IN THE GAP FOR UNDERSERVED YOUTH IN THE UPPER MIDWEST. THE THIELEN FOUNDATION BOLDLY PUTS ITS PASSION INTO ACTION BY PROVIDING FINANCIAL SUPPORT, MUCH NEEDED SPORTS EQUIPMENT AND APPAREL, ALONG WITH HOPE AND INSPIRATION FOR YOUTH TO DREAM BIG AND ATTAIN THEIR GOALS ON AND OFF THE PLAYING FIELD AND SET THEM UP FOR SUCCESS IN LIFE.TO DATE, THE THIELEN FOUNDATION HAS DONATED TO YOUTH ATHLETIC TEAMS, HIGH SCHOOLS AND ORGANIZATIONS THAT WERE IN DIRE NEED OF FUNDING AND EQUIPMENT TO KEEP THEIR PROGRAMMING UP AND TO PROVIDE CONSISTENT TRAINING, DISCIPLINE AND POSITIVE CHARACTER BUILDING THROUGH COACHING.
Expenses $289,517 · Grants $244,021
-
JOHNSON FITNESS & WELLNESS: TF PURCHASED ALL NEW FITNESS EQUIPMENT VIA JOHNSON FITNESS & WELLNESS FOR THE PURPOSE OF RENOVATING THE RED LAKE HIGH SCHOOL WEIGHT ROOM FOR ALL THE STUDENT ATHLETES, COACHES, STUDENT BODY AND COMMUNITY TO USE. THE OVERALL PURPOSE IS TO BE A FIRST-CLASS FACILITY AND ENVIRONMENT FOR A COMMUNITY AND SCHOOL WHO ARE ECOMONICALLY STRUGGLING SO THEIR STUDENTS CAN TAKE PRIDE IN THEIR SCHOOL AND WANT TO WORK OUT AND IMPROVE THEIR OVERALL HEALTH, FITNESS AND WELLNESS SO THEY CAN MOVE FORWARD TO A SUCCESSFUL FUTURE.
Expenses $59,582 · Grants $59,582
-
BIG BROTHERS BIG SISTERS OF TWIN CITIES:TF'S MISSION PERFECTLY ALIGNS WITH BBBS OF TWIN CITIES -- SO WE WERE PROUD TO DONATE THE PROCEEDS FROM THE 2023 TF CELEBRITY SOFTBALL GAME TO THIS ORGANIZATION THAT WILL APPLY THE FUNDS TO RESOURCES AND PROGRAMS NEEDED FOR THEIR YOUTH MENTORSHIP PROGRAM -- AGAIN, SUPPORTING YOUTH IN REACHING THEIR FULL POTENTIAL IN LIFE.
Expenses $45,000 · Grants $45,000
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Adam ThielenADAM THIELEN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
Caitlin ThielenCAITLIN THIELEN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 6
-
Lukas InveissLUKAS INVEISS
TREASURER
- Total calculated
- $0
- Hours/week
- 8
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
-
JOHNSON FITNESS & WELLNESS
$59,582
FITNESS EQUIPMENT FOR A NEWLY RENOVATED WEIGHT ROOM AT RED LAKE HIGH SCHOOL TO ASSURE SAFETY AND WELLNESS OF STAFF, ATHLETES, COACHES, AND STUDENT BODY
-
DONATION FROM CELEB SOFTBALL GAME TO SUPPORT BBBS YOUTH PROGRAMMING IN THE TWIN CITIES.
-
$40,000
DONATED FUNDS TO HELP OUT FAMILIES WITH KIDS WHO NEED ASSISTANCE WITH RENT, FOOD AND CLOTHING IN CHARLOTTE AREA.
-
MED CITY INSTALLATION
$36,715
NEW COMMERCIAL PADDED & TURF FLOORING FOR RED LAKE HS RENOVATED WEIGHT ROOM FOR ATHLETES AND ENTIRE STUDENT BODY TO USE IN A SAFE AND HEALTHY MANNER.
-
ISD #317 DEER RIVER PUBLIC SCHOOL DISTRICT
$20,000
TF PROVIDED FUNDING FOR AN OUTDOOR SCOREBOARD FOR THE SCHOOL DISTRICT TO BE ELIGIBLE TO HOLD HOME FOOTBALL, SOCCER, AND LACROSSE GAMES AT THEIR SCHOOL.
-
AID TO FAMILIES AND CHILDREN
-
$10,000
GENERAL FUNDING FOR SPORTS EQUIPMENT TO KEEP THE DOORS OPEN FOR YOUTH IN CROOKSTON AND KEEP THEM HEALTHY AND OFF THE STREETS.
-
RED LAKE SCHOOLS #38
$10,000
TEAM FOOTBALL EQUIPMENT FOR PRACTICE AND GAMES, ALSO HEADSETS FOR THE COACHING STAFF
-
PROVIDED FUNDS TO ASSIST WITH FEES FOR GIRLS TO PARTICIPATE IN FITNESS EVENTS WHO ARE UNABLE TO PAY THE PARTICIPATION FEE
-
BCHS
$10,000
SUPPORT FOR EQUIPMENT FOR ATHLETIC PROGRAMS TO CONTINUE
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 31 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423119349301932
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.