LANSING, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)REDEMPTION FOUNDATION, founded in 2020, is a small nonprofit in the Education sector that reported $249K in total revenue in fiscal year 2025. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $38K, a strong 15% operating margin.
TO PROMOTE PUBLIC AWARENESS OF THE ADVERSE SOCIETAL IMPACTS STEMMING FROM THE HISTORIC STATE AND FEDERAL CRIMINALIZATION OF CANNABIS USE, POSSESSION, PRODUCTION, AND DISTRIBUTION AND PROVIDE LEGAL AND FINANCIAL ASSISTANCE AND RESOURCES TO INDIVIDUALS AND FAMILIES ADVERSELY IMPACTED BY THE CRIMINALIZATION OF CANNABIS USE, POSSESSION, PRODUCTION, AND DISTRIBUTION. TO BENEFIT THE COMMUNITY SERVED AND TO PROMOTE EDUCATION AND SUCH OTHER ACTIVITIES AND PROGRAMS INCIDENTAL TO, SUPPORTIVE OF, AND IN FURTHERANCE OF, THE ADVANCEMENT OF THE EDUCATIONAL, CHARITABLE, AND SCIENTIFIC PURPOSES OF THE CORPORATION. TO DO SUCH THINGS AND TO PERFORM SUCH ACTS TO ACCOMPLISH ITS PURPOSES AS THE BOARD OF DIRECTORS OF THE CORPORATION MAY DETERMINE TO BE APPROPRIATE AND AS ARE NOT FORBIDDEN BY SECTIONS 501(C)(3) OF THE CODE, WITH ALL THE POWER CONFERRED ON NONPROFIT CORPORATIONS UNDER THE LAWS OF THE STATE OF MICHIGAN.
THE REDEMPTION FOUNDATION SUPPORTS INDIVIDUALS IMPACTED BY THE JUSTICE SYSTEM BY PROVIDING MUTUAL AID AND PROGRAMMING THAT HELPS THEM REINTEGRATE INTO SOCIETY, SEEK REDEMPTION, AND IMPROVE THEIR...
THE REDEMPTION FOUNDATION SUPPORTS INDIVIDUALS IMPACTED BY THE JUSTICE SYSTEM BY PROVIDING MUTUAL AID AND PROGRAMMING THAT HELPS THEM REINTEGRATE INTO SOCIETY, SEEK REDEMPTION, AND IMPROVE THEIR QUALITY OF LIFE. THE REDEMPTION FOUNDATION WAS ABLE TO PROVIDE OVER $91,000 IN DIRECT SUPPORT VIA OUR COMMISSARY PROGRAM AND $48,000 IN OUR RICK THOMPSON MEMORIAL GRANT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $248,641 | $283,390 | -0.1% |
| Expenses | $210,716 | $263,269 | -0.2% |
| Net Income | $37,925 | $20,121 | +0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JESSICA JACKSON | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RORY MCCLAIN | COMMUNICATIONS | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARK PASSERINI | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| RYAN BASORE | PRESIDENT | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| RACHEL PELL | TREASURER/ EXECUTIVE DIRECTOR | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $248,641 | $210,716 | $55,722 | $37,925 |
| 2024 | No data | No data | No data | No data |
| 2023 | $288,142 | $291,676 | $16,006 | $-3,534 |
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