REDEMPTION EARNED INC (EIN 862120747) - 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

2021

Principal Officer

MIKE T DEASON

Phone

2058226260

Tax Period

2023-01-01 to 2023-12-31

REDEMPTION EARNED INC, founded in 2021, is a small nonprofit in the Crime & Legal sector that reported $196K in total revenue in fiscal year 2021. The organization ran a surplus of $79K, a strong 41% operating margin.

Mission

TO ASSIST WORTHY INMATES IN THEIR EFFORTS TO SECURE PAROLE AND/OR TO REENTER SOCIETY IN A MANNER WHICH INCREASES THEIR SUCCESS ON REENTRY WHIE PLACING A TOP PRIORTY ON THE SAFETY OF THE PUBLIC, AND TO RAISE PUBLIC AWARENESS OF ISSUES FACING THE CRIMINAL JUSTICE SYSTEM IN THE STATE OF ALABAMA

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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 $482,764

Program Service Revenue $0

Investment Income $330

Other Revenue $0

TOTAL REVENUE $483,094

Expense Breakdown

Grants Paid $0

Salaries & Benefits $207,395

Fundraising Expenses $1,941

Program Expenses $39,090

Other Expenses $50,160

TOTAL EXPENSES $257,555

Year-over-Year Comparison

	2023	2022	Change
Revenue	$483,094	$221,319	+1.2%
Expenses	$257,555	$201,913	+0.3%
Net Income	$225,539	$19,406	+10.6%

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

N/A

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
MIKE T DEASON	PRESIDENT/CH	N/A	Officer Director	$0	$0	$0
THOMAS A WOODALL	DIRECTOR	N/A	Director	$0	$0	$0
KENYEN R BROWN	DIRECTOR	N/A	Director	$0	$0	$0
AMY KIMPEL	DIRECTOR	N/A	Director	$0	$0	$0
FRANK BROWN	DIRECTOR	N/A	Director	$0	$0	$0
BEN MAIN	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
DERRICK ERVIN	DIRECTOR	N/A	Director	$0	$0	$0
CAROL POTOK	DIRECTOR	N/A	Director	$0	$0	$0
EBONY HOWARD	SECRETARY	N/A	Officer Director	$0	$0	$0
STACEY MCLAUGHLIN	TREASURER	N/A	Officer 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	No data	No data	No data	No data
2023	$483,094	$257,555	$329,205	$225,539
2022	$221,319	$201,913	$103,807	$19,406
2021	$195,571	$116,265	$83,009	$79,306

REDEMPTION EARNED INC