REDEEMER HEALTH FOUNDATION (EIN 232564327) - Form 990 Financial Analysis & Trantor Score

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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

1988

Legal Domicile

Principal Officer

KIMBERLY CUMMINGS

Phone

2158561114

Tax Period

2024-07-01 to 2025-06-30

REDEEMER HEALTH FOUNDATION, founded in 1988, is a small nonprofit that reported $165K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $160K, a strong 97% operating margin.

Mission

REDEEMER HEALTH FOUNDATION MISSION IS TO PROMOTE CHARITABLE GIVING AND CHARITABLE FUND MANAGEMENT FOR THE REDEEMER HEALTH SYSTEM.

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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 $100,441

Program Service Revenue $0

Investment Income $64,983

Other Revenue $0

TOTAL REVENUE $165,424

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,046

Other Expenses $5,046

TOTAL EXPENSES $5,046

Year-over-Year Comparison

	2024	2023	Change
Revenue	$165,424	$211,859	-0.2%
Expenses	$5,046	$161,499	-1.0%
Net Income	$160,378	$50,360	+2.2%

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

Employees

N/A

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

$2,995,346

Total Directors

$1,132,941

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL B LAIGN UNTIL 1024	BOARD MEMBER, PRESIDENT AND CEO	0.50	Officer Director	$0	$43,023	$798,107
KULTAR SINGH	CHAIRMAN	1.00	Officer Director	$0	$0	$0
TASHIBA GRAHAM PHD	BOARD MEMBER	1.00	Director	$0	$0	$0
KENNETH ROWINSKY	BOARD MEMBER	1.00	Director	$0	$0	$0
GREGORY WOZNIAK	BOARD MEMBER, PRESIDENT/CEO	0.50	Officer Director	$0	$46,677	$334,834
THOMAS HARRIS	VP AND ASSISTANT TREASURER	0.01	Officer	$0	$78,027	$517,772
DONALD F FRIEL UNTIL 1234	TREASURER	0.01	Officer	$0	$29,513	$866,655
MICHAEL KEEN UNTIL 0525	ASSISTANT TREASURER	0.01	Officer	$0	$31,777	$396,597
CHRISITNA PEOPLES	SECRETARY	0.01	Officer	$0	$10,143	$81,381

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	$165,424	$5,046	$1,959,247	$160,378
2024	$211,859	$161,499	$4,017,263	$50,360
2023	$580,000	$99,836	$3,363,714	$480,164
2022	$754,094	$180,825	$2,572,658	$573,269

REDEEMER HEALTH FOUNDATION