Redeeming Light Community Services Inc (EIN 593616459) - 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

1999

Legal Domicile

Phone

4076601288

Tax Period

2024-01-01 to 2024-12-31

Redeeming Light Community Services Inc, founded in 1999, is a small nonprofit in the Education sector that reported $255K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $325K exceeded revenue, resulting in a 28% operating deficit.

Mission

Alternative education Services

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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 $254,869

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $254,869

Expense Breakdown

Grants Paid $0

Salaries & Benefits $270,886

Fundraising Expenses $43,686

Program Expenses $224,266

Other Expenses $54,250

TOTAL EXPENSES $325,136

Year-over-Year Comparison

	2024	2023	Change
Revenue	$254,869	$327,824	-0.2%
Expenses	$325,136	$392,561	-0.2%
Net Income	$-70,267	$-64,737	+0.1%

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

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
Katrina Lunsford	President	1.00	Director	$0	$0	$0
Beverly Brown	Executive Director	50.00	Director Highest	$0	$0	$0
Thomas Brown	Treasurer	2.00	Director	$0	$0	$0
Nancy Peed	Vice President	2.00	Director	$0	$0	$0
Jeff Jakes	Director	1.00	Director	$0	$0	$0
Jermaine Reynolds	Director	1.00	Director	$0	$0	$0
Edward Cole	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
2024	$254,869	$325,136	$39,380	$-70,267
2023	$327,824	$392,561	$77,350	$-64,737
2022	$395,021	$362,804	$109,782	$32,217
2021	$400,149	$365,462	$88,519	$34,687
2020	$341,257	$335,069	$88,216	$6,188
2019	$229,824	$220,544	$46,047	$9,280

Redeeming Light Community Services Inc