Project Redesign Inc

Nonprofit profile at a glance

EIN
273346724
IRS 990 coverage
2024–2025
Forms available
Form 990 2025, Form 990-EZ 2023, Form 990-N 2018
Location
Nashville, TN, USA
Phone
2562274785
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Thrift Shops

Reported finances

Revenue
$331,286
Expenses
$270,272
Assets
$282,747
Liabilities
$16,005

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • KAREN MOORE (PRESIDENT)
  • CATHRYN ROLFE (VICE PRESIDENT)
  • RHONDA WELLMANN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • RHONDA WELLMANN (EXECUTIVE DIRECTOR): $26,769 total reported compensation
  • LAURIE DAVIS (ACCOUNTANT): $12,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Project redesign reuses donated furniture to redesign homes so families can rebuild their lives.

What it reported doing in 2025

Project redesign supports new beginnings to individuals and families by providing beautiful furnishings to create a warm and welcoming home. Project redesign collaborates with other non-profits that provide clients with a new place to live. Often, they are moving into vacant spaces lacking the resources to furnish their new home. With a non-profit partnership referral, project redesign delivers gently used donated furniture and with our design team transforms empty houses into homes. In 2025, project redesign reused 139 truckloads of furniture and home decor from donor pickups to transform empty houses into homes in collaboration with 12 of our nonprofit partners. We completed 59 total home installations, redesigning 230 rooms, impacting 248 total people (137 adults and 111 children) transitioning from crisis to stability, giving them the dignity they deserve as they reclaim their lives.

Operating model

Revenue model
Donor-supported. 83% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 75% for direct work, and 25% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 94
  • Accountability: 86
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.1%; rating input score 59
  • Program expense ratio: 71.8%; rating input score 72
  • Fundraising efficiency: $52.75 raised per $1 spent on fundraising; rating input score 75; 75th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 18.4%; rating input score 69; 69th percentile among comparable filings
  • Total-asset coverage ratio: 1.05; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 14.3%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 3.9% per year; rating input score 100; 46th percentile among comparable filings
  • Revenue growth: 29.5% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 19% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 59.1% of revenue deployed · 71.8% of spending went to programs
  • Governance: 8 of 8 board members independent · 6 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $194K in reported program spending
  • Leadership: top reported pay $27K · 10 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 59/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.