REDEMPTION HOUR MINISTRIES INC (EIN 237440795) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

MICHAEL GRIFFIN

Phone

9136771382

Tax Period

2023-01-01 to 2023-12-31

REDEMPTION HOUR MINISTRIES INC, founded in 1983, is a micro nonprofit that reported $18K in total revenue in fiscal year 2023. Revenue surged 85% from the prior year, signaling strong growth momentum. The organization ran a surplus of $17K, a strong 95% operating margin.

Mission

PROMOTION OF CHURCH AND RELIGIOUS ACTIVITY

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,050

Program Service Revenue $0

Investment Income $12,660

Other Revenue $0

TOTAL REVENUE $17,710

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $800

TOTAL EXPENSES $800

Year-over-Year Comparison

	2023	2022	Change
Revenue	$17,710	$9,581	+0.8%
Expenses	$800	$875	-0.1%
Net Income	$16,910	$8,706	+0.9%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL GRIFFIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
SHERI HARDING	TREASURER	1.00	Officer Director	$0	$0	$0
AUDREY STEVENSON	SECRETARY	1.00	Officer Director	$0	$0	$0
CLINTON D SPOOR	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$17,710	$800	$988,858	$16,910
2022	$9,581	$875	$971,948	$8,706
2021	$8,111	$170	$963,242	$7,941
2020	$12,989	$4,410	$955,301	$8,579
2019	$19,478	$48,765	$946,722	$-29,287
2018	$25,999	$2,315	$976,009	$23,684

REDEMPTION HOUR MINISTRIES INC