REDEEMER SCHOOL INC

EIN: 561911529 501(c)(3) Education

WINSTONSALEM, NC

Total Revenue
$2,800,246
Total Expenses
$2,664,107
Total Assets
$1,901,428
Net Assets
$1,465,984
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
NC
Principal Officer
LORYN FAILE
Phone
3367249460
Tax Period
2024-07-01 to 2025-06-30

REDEEMER SCHOOL INC, founded in 1995, is a community nonprofit in the Education sector that reported $2.8M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $2.7M left a modest 5% surplus.

Mission

REDEEMER SCHOOL IS A COMMUNITY OF LIKE-MINDED FAMILIES COMMITTED TO NURTURING STUDENTS IN THEIR RELATIONSHIP WITH JESUS CHRIST AND ENGAGING THEM IN THE LIFE-LONG PURSUIT OF WISDOM AND KNOWLEDGE AS THEY DISCOVER, EMBRACE AND INTEGRATE GOD'S TRUTH IN ALL OF LIFE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $289,795
Program Service Revenue $2,477,872
Investment Income $25,043
Other Revenue $7,536
TOTAL REVENUE $2,800,246

Expense Breakdown

Grants Paid $304,718
Salaries & Benefits $1,768,661
Fundraising Expenses $78,670
Program Expenses $2,153,028
Other Expenses $590,728
TOTAL EXPENSES $2,664,107

Year-over-Year Comparison

2024 2023 Change
Revenue $2,800,246 $2,555,185 +0.1%
Expenses $2,664,107 $2,394,899 +0.1%
Net Income $136,139 $160,286 -0.2%
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

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Governance

Voting Members
9
Independent Members
9
Employees
51
Volunteers
240

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
4
$118,385
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LORYN FAILE HEAD OF SCHO 40.00
Officer
$118,385 $0 $118,385
JEFF WOLFE PRESIDENT 1.00
Officer
$0 $0 $0
JOHN EANES VICE PRESIDE 1.00
Officer
$0 $0 $0
PAUL WINDLEY SECRETARY 1.00
Officer
$0 $0 $0
ASHLEY JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
RACHEL ROTH ALDHIZER DIRECTOR 1.00
Director
$0 $0 $0
C TUCKER DIRECTOR 1.00
Director
$0 $0 $0
CLAIRE WAIKSNORIS DIRECTOR 1.00
Director
$0 $0 $0
ASHLEY MORGAN DIRECTOR 1.00
Director
$0 $0 $0
JENNY ROPER DIRECTOR 1.00
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
2025 $2,800,246 $2,664,107 $1,901,428 $136,139
2024 $2,555,185 $2,394,899 $1,426,188 $160,286
2023 $2,358,830 $2,239,740 $1,315,963 $119,090
2022 $2,088,655 $1,884,276 $1,245,738 $204,379
2021 $1,759,197 $1,409,830 $1,013,968 $349,367
2021 $2,035,081 $1,685,714 $1,013,968 $349,367
2020 $1,446,795 $1,377,851 $989,852 $68,944
2019 $1,365,421 $1,455,123 $836,017 $-89,702
2018 $1,462,971 $1,382,726 $836,644 $80,245
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