THE REDEMPTION PROJECT

EIN: 823857659 501(c)(3) Human Services

SAINT PAUL, MN

Total Revenue
$1,067,920
Total Expenses
$966,537
Total Assets
$349,693
Net Assets
$80,206
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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
2018
Legal Domicile
MN
Principal Officer
DWIGHT TOSTENSON
Phone
6512569696
Tax Period
2025-01-01 to 2025-12-31

THE REDEMPTION PROJECT, founded in 2018, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2025. Revenue decreased 16% compared to the prior year. Expenses of $967K left a modest 9% surplus.

Mission

ELIMINATING RECIDIVISM THROUGH EDUCATION, MENTORING, SUPPORT, AND EMPLOYMENT. PROVIDE INMATES WITH A 16-WEEK CLASS, CONNECTION TO A MENTOR, SUPPORT SERVICES, AND JOB OPPORTUNITIES UPON RELEASE.

Program Service Accomplishments

Program 1
Expenses: $783,954

PROGRAM DESCRIPTION: ELIMINATING RECIDIVISM THROUGH EDUCATION, MENTORING, SUPPORT, AND EMPLOYMENT. WE PROVIDING INMATES WITH OUR PROPIATARY 16 LESSON VIRTUES FOR SUCCESS EDUCATION, MENTORSHIP...

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PROGRAM DESCRIPTION: ELIMINATING RECIDIVISM THROUGH EDUCATION, MENTORING, SUPPORT, AND EMPLOYMENT. WE PROVIDING INMATES WITH OUR PROPIATARY 16 LESSON VIRTUES FOR SUCCESS EDUCATION, MENTORSHIP, SUPPORT SERVICES, AND JOB OPPORTUNITIES, UPON RELEASE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,063,108
Program Service Revenue $0
Investment Income $0
Other Revenue $4,812
TOTAL REVENUE $1,067,920

Expense Breakdown

Grants Paid $0
Salaries & Benefits $647,803
Fundraising Expenses $19,832
Program Expenses $783,954
Other Expenses $318,734
TOTAL EXPENSES $966,537

Year-over-Year Comparison

2025 2024 Change
Revenue $1,067,920 $1,271,331 -0.2%
Expenses $966,537 $1,079,035 -0.1%
Net Income $101,383 $192,296 -0.5%
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
7
Independent Members
6
Employees
13
Volunteers
16

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
3
$107,871
Total Directors
7
$107,871
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DWIGHT TOSTENSON PRESIDENT 40.00
Officer Director
$107,871 $0 $107,871
CHELSEY BERSTLER DIRECTOR 1.00
Director
$0 $0 $0
BOB ELFSTRAND DIRECTOR 1.00
Director
$0 $0 $0
MARK LARSON TREASURER 1.00
Officer Director
$0 $0 $0
TIM OWENS FORMER PRESI 1.00
Officer Director
$0 $0 $0
MITCH PEARLSTEIN DIRECTOR 1.00
Director
$0 $0 $0
CLINTON ROONEY 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 $1,067,920 $966,537 $349,693 $101,383
2024 $1,271,331 $1,079,035 $406,628 $192,296
2023 $547,879 $630,719 $214,061 $-82,840
2022 $535,240 $487,405 $188,974 $47,835
2021 $215,175 $347,480 $44,827 $-132,305
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