Open Hands Foundation
- Assets
- $426.3k
- Revenue
- $444.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Excelsior, MN
- Founding
- 01/2005
- Data as of
- 12/2021
- EIN
- 20-0456778
Organization Overview
Open Hands Foundation is located in Excelsior, MN. The organization was established in 2005. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, 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. Open Hands 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 12/2021, Open Hands Foundation generated $444.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $270.9k during the year ending 12/2021. While expenses have increased by 9.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPEN HANDS FOUNDATION EXISTS TO MEET UNMET CRITICAL NEEDS OF VULNERABLE PEOPLE IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOPE HOUSE IS A YOUTH CRISIS AND COUNSELING SHELTER PROVIDED BY THE ORGANIZATION THROUGH A PARTNERSHIP WITH 180 DEGREES PROGRAM SERVICE PROVIDER AND WESTWOOD COMMUNITY CHURCH. THE SHELTER PROVIDES SAFE STABLE AND SUPPORTIVE EMERGENCY HOUSING AND COUNSELING. SPECIFICALLY IT PROVIDES: 6 BEDS FOR YOUTH IN CRISIS AGES 14-19; 24HR 7DAYS A WEEK CRISIS SHELTER; COUNSELING FOR YOUTH PARENTS AND FAMILY; DEDICATED PROFESSIONAL STAFF; NO COST FOR SERVICES; AND A FIRST CALL FOR LAW ENFORCEMENT SCHOOLS COMMUNITY ORGANIZATIONS HEALTHCARE PROVIDERS AND FAMILIES IN CRISIS. YOUTH FAMILY IMPACT: SINCE OPENING IN 2015 2,732 IMPACTED YOUTH: WITH 579 YOUTH MAKING OVERNIGHT STAYS IN THE SHELTER AND OVER 2,153 INQUIRIES HAVE BEEN HANDLED THROUGH CALLS OR TEXTS FOR HELP. HOUSING STABILITY OUR GOAL IS TO HAVE KIDS BACK IN A SAFE STABLE ENVIRONMENT: IN 2021 90% OF THE YOUTH ACHIEVED THIS GOAL AT EXIT AFTER AN AVERAGE OF 34 DAYS IN THE SHELTER. IN 2021 451 YOUTH WERE IMPACTED WITH 104 MAKING OVERNIGHT STAYS. HOPE HOUSE BENEFITS TEENS AND THEIR FAMILIES AS WELL AS THE BROADER COMMUNITY INCLUDING SCHOOLS HOSPITALS AND LAW ENFORCEMENT BY PROVIDING EMERGENCY SHELTER SERVICES CASE MANAGEMENT ADVOCACY RESOURCE REFERRAL AND WRAPAROUND SERVICES TO YOUTH. THROUGH POSITIVE PRO-ACTIVE PROGRAMMING AND MESSAGES HOPE HOUSE BUILDS YOUTHS' CONFIDENCE; TEACHES THEM THAT THEY HAVE MANY OPTIONS IN LIFE; AND FOSTERS THE DEVELOPMENT OF THE SKILLS ATTITUDES AND BEHAVIORS TO MAKE RESPONSIBLE CHOICES. HOPE HOUSE CASE MANAGERS HELP YOUTH IDENTIFY NEEDS SET GOALS AND DEVELOP PLANS. HOPE HOUSE TEENS ARE MEANINGFULLY CONNECTED WITH COMMUNITY RESOURCES TO HELP THEM MEET THEIR GOALS IN THREE KEY AREAS: HOUSING EMPLOYMENT AND EDUCATION. YOUTH ARE ENCOURAGED TO PARTICIPATE IN ACTIVITIES IN THE COMMUNITY AS MUCH AS POSSIBLE. FUN SAFE STRUCTURED ACTIVITIES TAKE PLACE ALMOST DAILY GIVING TEENS THE OPPORTUNITY TO EXPERIENCE A SAFE HEALTHY LIFESTYLE IN THE WORLD WITH PEERS AND SAFE HEALTHY ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Moore Board Secretary | OfficerTrustee | 7 | $0 |
Beth Reiskytl Board Chairperson | OfficerTrustee | 12 | $0 |
Steve Lattu Board Treasurer | OfficerTrustee | 15 | $0 |
Rodney Provart Executive Director | Officer | 40 | $0 |
Joel Johnson Board Member | Trustee | 5 | $0 |
Pamela Langseth Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $444,205 |
| Noncash contributions included in lines 1a–1f | $6,315 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $444,205 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $444,205 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $258,566 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $630 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,386 |
| Office expenses | $2,970 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $441 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $285 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $270,874 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $426,331 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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 | $426,331 |
| Accounts payable and accrued expenses | $15,105 |
| 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 | $15,105 |
| Net assets without donor restrictions | $411,226 |
| 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 | $426,331 |
Grants Awarded
Over the last fiscal year, Open Hands Foundation has awarded $311,319 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: Youth Crisis and Counseling program services | $277,951 |
Minneapolis, MN PURPOSE: Youth crisis shelter program services | $33,368 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Open Hands Foundation has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Eric James Benson Foundation Shorewood, MN PURPOSE: CHARITABLE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Thedacare Family Of Foundations Inc Appleton, WI | $89,256,611 | $25,439,996 |
The Hormel Foundation Austin, MN | $1,540,722,314 | $34,366,937 |
South Dakota Community Foundation Pierre, SD | $805,282,495 | $215,504,617 |
Society Of St Vincent De Paul- Twin Cities Minneapolis, MN | $592,562 | $17,408,500 |
Northland Foundation Duluth, MN | $110,895,270 | $27,913,272 |
David Lynch Foundation For Consciousness-Based Education And Fairfield, IA | $9,280,358 | $8,736,448 |
Steve Stricker American Family Insurance Foundation Inc Madison, WI | $5,745,517 | $4,719,862 |
Hope Gospel Mission Inc Eau Claire, WI | $10,860,307 | $6,194,588 |
Community Foundation Of Johnson Coralville, IA | $45,550,796 | $9,673,780 |
The American Center For Philanthropy Inc Northfield, MN | $38,336,369 | $9,301,432 |
Lyon County Riverboat Foundation Inc Rock Rapids, IA | $2,226,608 | $3,365,358 |
Morgan Memorial Foundation Inc Morgan, MN | $3,017,509 | $3,804,451 |