REDEMPTION CHAPEL MINISTRIES

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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

2010

Legal Domicile

Principal Officer

OBAREZE OPARAH

Tax Period

2021-01-01 to 2021-12-31

REDEMPTION CHAPEL MINISTRIES, founded in 2010, is a micro nonprofit in the Religion sector that reported $23K in total revenue in fiscal year 2021. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $26K exceeded revenue, resulting in a 11% operating deficit.

Mission

PREACHING AND TEACHING THE WORD OF GOD. COUNCELING AND PRAYER INTERCESSION FOR THE SICK AND NEEDY.

Program Service Accomplishments

Program 1

Expenses: $25,735 Revenue: $23,262

ASIDE FROM PREASCHING AND TEACHING THE WORD OF GOD.WE PROVIDE COUNCELLING AND PRAYER FOR THOSE WHOM ARE IN NNED AND SICK.

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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 (2021)

Revenue Breakdown

Contributions & Grants $23,262

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $23,262

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $25,735

Other Expenses $25,735

TOTAL EXPENSES $25,735

Year-over-Year Comparison

	2021	2020	Change
Revenue	$23,262	$44,177	-0.5%
Expenses	$25,735	$40,514	-0.4%
Net Income	$-2,473	$3,663	-1.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
OBAREZE OPARAH	PASTOR	0.00	Officer	$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
2021	$23,262	$25,735	$3,086	$-2,473
2020	$44,177	$40,514	$5,559	$3,663
2019	$27,288	$26,758	$1,896	$530