The Redimere Group

EIN: 202892839 501(c)(3) Religion

Greenwood Village, CO

Total Revenue
$203,090
Total Expenses
$171,922
Total Assets
$105,625
Net Assets
$105,625
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
CO
Principal Officer
Harvey Powers
Phone
7207719550
Tax Period
2023-01-01 to 2023-12-31

The Redimere Group, founded in 2005, is a small nonprofit in the Religion sector that reported $203K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $31K, a strong 15% operating margin.

Mission

The Redimere Group is founded on Biblical principles, and exists to engage faith/Christ-centered individuals and organizations in a transformational process designed to strengthen, equip and unleash their redemptive potential for Christ's Kingdom. This mission is accomplished by providing leadership intensives, counseling services, education/training and organizational consulting to local churches and faith-based organizations through the leaders, staff, members and key supporters of the organization. Oganizations who cannot afford customary fees are prvided the needed services through scholarship funds, such that no person or organization that needs or desires our services will be turned away simply due to financial incapacity.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $850
Program Service Revenue $202,240
Investment Income $0
Other Revenue $0
TOTAL REVENUE $203,090

Expense Breakdown

Grants Paid $0
Salaries & Benefits $143,049
Fundraising Expenses $8,594
Program Expenses $146,135
Other Expenses $28,873
TOTAL EXPENSES $171,922

Year-over-Year Comparison

2023 2022 Change
Revenue $203,090 $171,944 +0.2%
Expenses $171,922 $186,528 -0.1%
Net Income $31,168 $-14,584 -3.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
3
Employees
1
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
2
$143,049
Total Directors
4
$143,049
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Harvey Powers President 20.00
Officer Director
$62,000 $81,049 $143,049
Carson Miles Director 0.00
Director
$0 $0 $0
Tim Pynes Director 0.00
Director
$0 $0 $0
Beverly Powers Secr/treasurer 0.00
Officer 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
2024 No data No data No data No data
2023 $203,090 $171,922 $105,625 $31,168
2022 $171,944 $186,528 $73,157 $-14,584
2021 $199,195 $193,198 $87,741 $5,997
2020 $236,283 $171,960 $80,324 $64,323
2019 $177,109 $168,652 $13,402 $8,457
2018 $170,987 $166,867 $4,274 $4,120
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