REDEEMING GRACE MINISTRIES (EIN 831006096) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

LARA POTTS

Phone

3342479888

Tax Period

2023-01-01 to 2023-12-31

REDEEMING GRACE MINISTRIES, founded in 2018, is a small nonprofit in the Religion sector that reported $139K in total revenue in fiscal year 2020. The organization ran a surplus of $124K, a strong 89% operating margin.

Mission

REDEEMING GRACE MINISTRIES EXISTS TO TRAIN AND EQUIP PEOPLE TO LIVE A LIFE OF EVERLASTING RECOVERY THROUGH JESUS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $293,963

Program Service Revenue $7,156

Investment Income $3,327

Other Revenue $0

TOTAL REVENUE $304,446

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,504

Fundraising Expenses $0

Program Expenses $168,370

Other Expenses $116,866

TOTAL EXPENSES $168,370

Year-over-Year Comparison

	2023	2022	Change
Revenue	$304,446	$145,752	+1.1%
Expenses	$168,370	$141,354	+0.2%
Net Income	$136,076	$4,398	+29.9%

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

100

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

$20,917

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARA POTTS	EXECUTIVE DI	40.00	Officer	$20,917	$0	$20,917
JOSH AGERTON	BOARD MEMBER	2.00	Director	$0	$0	$0
CLAY LANE	BOARD MEMBER	3.00	Director	$0	$0	$0
BRETT PETERSON	BOARD MEMBER	3.00	Director	$0	$0	$0
DAVID POTTS	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRIS ROSS	BOARD MEMBER	4.00	Director	$0	$0	$0
RODNEY KING	BOARD CHAIR	3.00	Officer	$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	No data	No data	No data	No data
2023	$304,446	$168,370	$372,573	$136,076
2022	$145,752	$141,354	$236,325	$4,398
2021	$219,246	$169,488	$230,097	$49,758
2020	$138,818	$14,631	$180,339	$124,187

REDEEMING GRACE MINISTRIES