REDEEMING LIFE OUTREACH MINISTRIES INC (EIN 461469685) - 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

2013

Legal Domicile

Principal Officer

REV EDWARD J DEWITT

Phone

4077909745

Tax Period

2024-01-01 to 2024-12-31

REDEEMING LIFE OUTREACH MINISTRIES INC, founded in 2013, is a small nonprofit in the Religion sector that reported $605K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $699K exceeded revenue, resulting in a 16% operating deficit.

Mission

CHRIST-CENTERED MATERNITY HOMES TO OFFER LOVE, HOPE, AND A FUTURE TO SINGLE PREGNANT WOMEN IN CRISIS.

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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 $398,812

Program Service Revenue $0

Investment Income $36,391

Other Revenue $169,410

TOTAL REVENUE $604,613

Expense Breakdown

Grants Paid $0

Salaries & Benefits $458,863

Fundraising Expenses $0

Program Expenses $635,086

Other Expenses $240,294

TOTAL EXPENSES $699,157

Year-over-Year Comparison

	2024	2023	Change
Revenue	$604,613	$964,729	-0.4%
Expenses	$699,157	$600,913	+0.2%
Net Income	$-94,544	$363,816	-1.3%

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

125

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
REV EDWARD J DEWITT	CHAIRMAN	N/A	Officer	$0	$0	$0
KATHERINE E DEWITT	TREASURER	N/A	Officer	$0	$0	$0
JOE W BROOKS	DIRECTOR	N/A	Director	$0	$0	$0
KELLY TRICKEY	DIRECTOR	N/A	Director	$0	$0	$0
LEAH WROBLESKI	DIRECTOR	N/A	Director	$0	$0	$0
LORA K MASON	DIRECTOR	N/A	Director	$0	$0	$0
DOUGLAS DOUDNEY	DIRECTOR	N/A	Director	$0	$0	$0
STEVE KENNEDY	DIRECTOR	N/A	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	$604,613	$699,157	$1,829,447	$-94,544
2023	$964,729	$600,913	$1,933,346	$363,816
2022	$880,559	$374,752	$1,575,766	$505,807
2021	$599,337	$461,236	$1,003,767	$138,101
2020	$264,881	$260,692	$702,948	$4,189
2019	$301,341	$262,995	$623,594	$38,346
2018	$301,926	$226,459	$403,665	$75,467

REDEEMING LIFE OUTREACH MINISTRIES INC