Redeem Programs
Nonprofit profile at a glance
- EIN
- 272106167
- IRS 990 coverage
- 2021–2024
- Forms available
- Form 990 2024, Form 990-N 2020
- Location
- Macomb, MI, USA
- Phone
- 3135168229
- Rating
- 52
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Half-Way House for Offenders, Ex-Offenders
Reported finances
- Revenue
- $185,480
- Expenses
- $154,406
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- ALONZO BELL (PRESIDENT)
People named in this filing
- ALONZO BELL (PRESIDENT)
- DON WILSON (TREASURER)
- ED JOHNSON (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To nbsp; increase nbsp; the nbsp; teen nbsp; mom nbsp; post-secondary nbsp; graduation nbsp; rates nbsp; by nbsp; providing nbsp; academic nbsp; support nbsp; and nbsp; wraparound nbsp; services nbsp; to nbsp; both nbsp; mother nbsp; and nbsp; child nbsp; which nbsp; will nbsp; eventually nbsp; increase nbsp; employment nbsp; and nbsp; home nbsp; ownership nbsp; rates
What it reported doing in 2024
Increased the teen mom post-secondary graduation rates by providing academic support and wraparound services to both mother and child which will eventually increase employment and home ownership rates.
Operating model
- Revenue model
- Contribution and grant supported. 97% of the money available for current operations came from contributions and grants. The filing reports them as one total, so it does not say how much was granted.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 49
- Transparency & Controls: 88
- Accountability: 0
- Sustainability: 41
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 45.6%; rating input score 46
- Program expense ratio: 54.7%; rating input score 55
- Fundraising efficiency: $13.66 raised per $1 spent on fundraising; rating input score 48; 48th percentile among comparable filings
Transparency & Controls
- Consistency checks: 87.5%; rating input score 88; 4th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 0 of 7 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 16.8%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 31.9% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 11.7% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: -107.1% per year; rating input score 0; 0th percentile among comparable filings
Details
- Where the money goes: 45.6% of revenue deployed · 54.7% of spending went to programs
- Governance: 0 of 6 board members independent · 0 of 7 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 13 of 14 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 7 of 7 not reported.
- Review — Financial Efficiency: Program expense ratio scored 55/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 48/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Asset growth scored 0/100.