Redeemer Broadcasting Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Tax Period

2024-01-01 to 2024-12-31

Redeemer Broadcasting Inc, founded in 2004, is a small nonprofit in the Religion sector that reported $532K in total revenue in fiscal year 2024.

Mission

To promote and improve spiritual values, to engage in Christian evangelism, Bible-teaching and ministry, and to otherwise promote respect for Christian religious beliefs and values through Christian broadcasting and other means.

Program Service Accomplishments

Program 1

Expenses: $502,819

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $531,594

Program Service Revenue $0

Investment Income $19

Other Revenue $0

TOTAL REVENUE $531,613

Expense Breakdown

Grants Paid $0

Salaries & Benefits $177,226

Fundraising Expenses $0

Program Expenses $502,819

Other Expenses $381,460

TOTAL EXPENSES $558,686

Year-over-Year Comparison

	2024	2023	Change
Revenue	$531,613	$501,275	+0.1%
Expenses	$558,686	$618,785	-0.1%
Net Income	$-27,073	$-117,510	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$163,542

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Danny C Elmendorf	President	65.00	Director	$133,542	$0	$133,542
Deborah J Elmendorf	Vice President	20.00	Director	$30,000	$0	$30,000
John L Vance	Secretary	0.00	Director	$0	$0	$0
Timothy Elmendorf	Director	3.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$531,613	$558,686	$329,919	$-27,073
2023	$501,275	$618,785	$354,792	$-117,510
2022	$683,705	$518,566	$478,606	$165,139
2021	$492,820	$491,165	$306,133	$1,655
2020	$439,874	$386,565	$312,279	$53,309
2019	$428,282	$376,399	$290,282	$51,883
2018	$330,924	$342,302	$256,898	$-11,378