REDEEMED MINISTRIES INC (EIN 462869457) - 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

2016

Legal Domicile

Phone

6105892005

Tax Period

2024-01-01 to 2024-12-31

REDEEMED MINISTRIES INC, founded in 2016, is a small nonprofit in the International Affairs sector that reported $298K in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $98K, a strong 33% operating margin.

Mission

Empowering Haitian youth to break the cycle of poverty and dependence by giving them tools they can use.

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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 $292,668

Program Service Revenue $0

Investment Income $5,669

Other Revenue $0

TOTAL REVENUE $298,337

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $197,253

Other Expenses $199,981

TOTAL EXPENSES $199,981

Year-over-Year Comparison

	2024	2023	Change
Revenue	$298,337	$198,683	+0.5%
Expenses	$199,981	$174,786	+0.1%
Net Income	$98,356	$23,897	+3.1%

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

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
JONNY SOMMERS	BOARD MEMBER	1.00	Director	$0	$0	$0
AARON LAVY	MEMBER	1.00	Director	$0	$0	$0
KENLYN MILLER	SECRETARY	1.00	Officer Director	$0	$0	$0
CALVIN FREY	PRESIDENT	1.00	Officer Director	$0	$0	$0
FLLOYD MARTIN	TREASURER	1.00	Officer Director	$0	$0	$0
STEPHANIE LEHMAN	ASSISTANT ADMIN	2.00	Officer Director	$0	$0	$0
WISMITH JOSEPH	MISSIONARY - FOUNDER	40.00	Key Emp	$0	$0	$0
REBECCA JOSEPH	MISSIONARY - FOUNDER	40.00	Key Emp	$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
2025	No data	No data	No data	No data
2024	$298,337	$199,981	$364,371	$98,356
2023	$198,683	$174,786	$266,015	$23,897
2022	$193,306	$128,871	$242,118	$64,435
2021	$212,400	$119,210	$177,683	$93,190
2020	$98,675	$109,438	$84,493	$-10,763
2019	$164,164	$114,096	$95,256	$50,068
2018	$123,802	$136,315	$45,188	$-12,513

REDEEMED MINISTRIES INC