Redemption House Ministry Inc (EIN 352079898) - 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

1999

Legal Domicile

Principal Officer

Patrick Murphy

Phone

2607451005

Tax Period

2024-01-01 to 2024-12-31

Redemption House Ministry Inc, founded in 1999, is a small nonprofit in the Religion sector that reported $967K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 14% operating deficit.

Mission

Redemption House is a transition home for women that serves as an alternative to incarceration by developing a faith-based lifestyle and by gaining the skills needed to live successfully on their own.

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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 $852,691

Program Service Revenue $127,054

Investment Income $8

Other Revenue $-12,575

TOTAL REVENUE $967,178

Expense Breakdown

Grants Paid $2,407

Salaries & Benefits $624,006

Fundraising Expenses $100,793

Program Expenses $873,021

Other Expenses $475,925

TOTAL EXPENSES $1,102,338

Year-over-Year Comparison

	2024	2023	Change
Revenue	$967,178	$1,284,024	-0.2%
Expenses	$1,102,338	$1,012,064	+0.1%
Net Income	$-135,160	$271,960	-1.5%

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

Volunteers

150

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

$77,576

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tomi Cardin	Executive Dir.	50.00	Officer	$66,650	$10,926	$77,576
Patrick Murphy	Chairman	2.00	Officer Director	$0	$0	$0
Kathy Bruce	Vice Chairman	1.00	Officer Director	$0	$0	$0
Kayte Geist	Secretary	1.00	Officer Director	$0	$0	$0
Kim Sutton	Treasurer	1.00	Officer Director	$0	$0	$0
Gary Hill	Director	0.50	Director	$0	$0	$0
Janice Young	Director	0.50	Director	$0	$0	$0
Quincy McGhee	Director	0.50	Director	$0	$0	$0
Joe Jordan	Director	0.50	Director	$0	$0	$0
Bob Tippmann	Director	0.50	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	$967,178	$1,102,338	$1,963,996	$-135,160
2023	$1,284,024	$1,012,064	$2,077,286	$271,960
2022	$1,034,536	$788,159	$1,534,529	$246,377
2022	$1,041,212	$779,409	$1,540,294	$261,803
2021	$909,788	$632,212	$1,071,435	$277,576
2020	$859,051	$445,165	$871,977	$413,886
2019	$451,100	$343,498	$485,751	$107,602
2018	$186,807	$193,488	$583,078	$-6,681

Redemption House Ministry Inc