BEAUTIFUL REDEMPTION (EIN 473730396) - 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

2015

Legal Domicile

Principal Officer

MIKE WORLEY

Phone

7196592781

Tax Period

2023-01-01 to 2023-12-31

BEAUTIFUL REDEMPTION, founded in 2015, is a small nonprofit in the Human Services sector that reported $608K in total revenue in fiscal year 2023. Expenses of $678K exceeded revenue, resulting in a 11% operating deficit.

Mission

BEAUTIFUL REDEMPTION IS THE BRIDGE BETWEEN THE FAITH COMMUNITY AND MEETING THE NEEDS OF FOSTER CHILDREN. WE CONNECT THE FAITH COMMUNITY TO REQUESTS THAT COME FROM THE DESK OF DHS AND THE SYSTEM WE USE IS THE ONLY ONE OF ITS KIND. WE SPEAK TO THOUSANDS EACH YEAR RAISING AWARENESS TO FOSTER CARE NEEDS, RECRUITING FOSTER PARENTS AND HELP FORM WRAP AROUND SUPPORT COMMUNITIES FOR FOSTER FAMILIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $607,957

Program Service Revenue $0

Investment Income $285

Other Revenue $0

TOTAL REVENUE $608,242

Expense Breakdown

Grants Paid $96,320

Salaries & Benefits $400,248

Fundraising Expenses $78,991

Program Expenses $523,954

Other Expenses $181,082

TOTAL EXPENSES $677,650

Year-over-Year Comparison

	2023	2022	Change
Revenue	$608,242	$599,289	+0.0%
Expenses	$677,650	$643,957	+0.1%
Net Income	$-69,408	$-44,668	+0.6%

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

5000

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

$183,924

Total Directors

$183,924

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK DUNN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
BRETT GRACELY	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN HUCKSTEP	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL WORLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE WORLEY	PRESIDENT/CE	40.00	Officer Director	$156,000	$27,924	$183,924

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	No data	No data	No data	No data
2023	$608,242	$677,650	$268,487	$-69,408
2022	$599,289	$643,957	$335,528	$-44,668
2021	$553,230	$526,553	$382,265	$26,677
2020	$733,825	$522,556	$356,559	$211,269
2019	$324,930	$327,894	$133,206	$-2,964
2018	$310,084	$258,277	$134,474	$51,807

BEAUTIFUL REDEMPTION