REDEMPTION ROAD MINISTRIES (EIN 474678558) - 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

DAVID VERNOY

Phone

3209052057

Tax Period

2023-01-01 to 2023-12-31

REDEMPTION ROAD MINISTRIES, founded in 2015, is a small nonprofit in the Religion sector that reported $282K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $267K left a modest 6% surplus.

Mission

REDEMPTION ROAD PROVIDES HOUSING, RE-ENTRY AND TRANSITION SERVICES FOR MEN AND WOMEN COMING OUT OF THE CRIMINAL JUSTICE SYSTEM. THE MISSION IS TO PROVIDE TO PROVIDE CHRIST CENTERED, BIBLE BASED RECOVERY FROM DRUG AND ALCOHOL ABUSE, DAMAGED RELATIONSHIPS AND MULTIPLE UNHEALTHY LIFESTYLE.

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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 $78,561

Program Service Revenue $198,692

Investment Income $8

Other Revenue $5,068

TOTAL REVENUE $282,329

Expense Breakdown

Grants Paid $0

Salaries & Benefits $113,029

Fundraising Expenses $0

Program Expenses $221,032

Other Expenses $153,583

TOTAL EXPENSES $266,612

Year-over-Year Comparison

	2023	2022	Change
Revenue	$282,329	$302,491	-0.1%
Expenses	$266,612	$276,411	0.0%
Net Income	$15,717	$26,080	-0.4%

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

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

$84,117

Total Directors

$84,117

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID VERNOY	PRESIDENT	40.00	Officer Director	$51,729	$32,388	$84,117
BRAD SCHAFFER	VICE PRESIDE	0.50	Officer Director	$0	$0	$0
MARK GRIFFITH	TREASURER	0.50	Officer Director	$0	$0	$0
GARY KARLGAARD	SECRETARY	0.50	Officer Director	$0	$0	$0
BARB BRIELAND	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
2023	$282,329	$266,612	$51,091	$15,717
2022	$302,491	$276,411	$35,738	$26,080
2021	$266,038	$254,650	$9,658	$11,388
2020	$266,023	$289,478	$12,982	$-23,455
2019	$338,200	$361,391	$11,930	$-23,191
2018	$415,522	$414,877	$37,062	$645

REDEMPTION ROAD MINISTRIES