REDEEM PROGRAMS (EIN 272106167) - 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

2023

Legal Domicile

Principal Officer

ALONZO BELL

Phone

3135168229

Tax Period

2024-01-01 to 2024-12-31

REDEEM PROGRAMS, founded in 2023, is a small nonprofit in the Crime & Legal sector that reported $185K in total revenue in fiscal year 2024. The organization ran a surplus of $31K, a strong 17% operating margin.

Mission

REDEEM PROGRAMS AIM TO REVITALIZE NEIGHBORHOODS IN THE CITY OF DETROIT. OUR GOAL IS TO TAKE VACANT PROPERTIES AND REHABILITATE THEM AND THEN USE THEM TO HELP THE CITIZENS IN THE NEIGHBORHOOD WHERE THEY ARE LOCATED. WE BELIEVE THAT EVERYONE DESERVES A SECOND CHANCE AND THATS WHY WE TRAIN AT-RISK YOUTH (TEEN PARENTS), HOMELESS VETERANS, AND RETURNING CITIZENS IN VOCATIONAL AND JOB READINESS SKILLS, AND WITH THESE SKILLS WE HELP THEM BECOME ENTREPRENEURS OR PROVIDE JOB PLACEMENT AS WELL AS CONNECT THEM TO THE RESOURCES THEY NEED. IN RETURN THEY HELP US CLEAN UP THE NEIGHBORHOOD AND ELIMINATE BLIGHT.

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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 $179,600

Program Service Revenue $5,880

Investment Income $0

Other Revenue $0

TOTAL REVENUE $185,480

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $13,146

Other Expenses $154,406

TOTAL EXPENSES $154,406

Year-over-Year Comparison

	2024	2023	Change
Revenue	$185,480	N/A	N/A
Expenses	$154,406	N/A	N/A
Net Income	$31,074	N/A	N/A

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

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
ALONZO BELL	PRESIDENT	010.00	Officer	$0	$0	$0
DON WILSON	TREASURER	010.00		$0	$0	$0
ED JOHNSON	SECRETARY	010.00		$0	$0	$0
TELECIA WARE	DIRECTOR	010.00		$0	$0	$0
GWEN HOWARD	DIRECTOR	010.00		$0	$0	$0
MARCUS WELDON	DIRECTOR	005.00		$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	$185,480	$154,406	No data	$31,074
2023	$175,090	$164,390	No data	$10,700
2021	$130,041	No data	No data	No data
2021	$130,041	$53,196	$130,041	$76,845

REDEEM PROGRAMS