REDEEMER DUBAI

EIN: 271975559 501(c)(3) Religion

Little Rock, AR

Total Revenue
$1,608,426
Total Expenses
$1,720,062
Total Assets
$1,994,970
Net Assets
$1,983,596
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
AR
Principal Officer
MIke Boschetti
Phone
5013500511
Tax Period
2024-01-01 to 2024-12-31

REDEEMER DUBAI, founded in 2010, is a community nonprofit in the Religion sector that reported $1.8M in total revenue in fiscal year 2020. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $732K, a strong 41% operating margin.

Mission

Redeemer Dubai provides financial support for churches and church planting activities across the Middle East region

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,543,304
Program Service Revenue $0
Investment Income $65,122
Other Revenue $0
TOTAL REVENUE $1,608,426

Expense Breakdown

Grants Paid $765,599
Salaries & Benefits $858,426
Fundraising Expenses $29,775
Program Expenses $1,558,704
Other Expenses $96,037
TOTAL EXPENSES $1,720,062

Year-over-Year Comparison

2024 2023 Change
Revenue $1,608,426 $1,790,022 -0.1%
Expenses $1,720,062 $1,812,263 -0.1%
Net Income $-111,636 $-22,241 +4.0%
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

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Governance

Voting Members
4
Independent Members
3
Employees
9
Volunteers
30

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
$157,520
Total Directors
4
$157,520
Key Employees
1
$157,520
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dave Furman President 40.00
Officer Director Key Emp
$157,520 $0 $157,520
Steve Snider Director 1.00
Director
$0 $0 $0
Bill Wellons Director 1.00
Director
$0 $0 $0
Mike Boschetti Treasurer 2.00
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 $1,608,426 $1,720,062 $1,994,970 $-111,636
2023 $1,790,022 $1,812,263 $2,121,022 $-22,241
2022 $1,703,015 $1,754,283 $2,101,542 $-51,268
2021 $1,744,042 $1,363,109 $2,168,741 $380,933
2020 $1,794,626 $1,062,915 $1,787,808 $731,711
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