Redemption House
Nonprofit profile at a glance
- EIN
- 844047623
- IRS 990-EZ coverage
- 2020–2022
- Forms available
- Form 990-EZ 2022
- Location
- Sandy, UT, USA
- Rating
- 51
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Rehabilitative Medical Services
Reported finances
- Revenue
- $127,902
- Expenses
- $81,128
- Assets
- $125,986
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Lauren Snyder (Executive Director)
People named in this filing
- Lauren Snyder (Executive Director)
- Dr Laurie Vervaecke (Board of Directors Member)
- Erica Parrish (Board of Directors Member)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
In2022theorganizationwasinResearchandDevelopmentandhascontinuedtoprepareforthenextstepsfortheorganizationintherealmofhumantrafficking.Theyearwasspentondevelopingthefoundation, assessingtheniche, andreviewingprogrammingoptions.
What it reported doing in 2022
ResearchandDevelopment
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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 revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 12
- Transparency & Controls: 100
- Sustainability: 71
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 9.8%; rating input score 10
- Program expense ratio: 15.4%; rating input score 15
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 36.6%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 1.55; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 78; 78th percentile among comparable filings
- Officer compensation ratio: 71.4%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: -32% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: -12.2% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: 0.1% per year; rating input score 100; 27th percentile among comparable filings
Details
- Where the money goes: 9.8% of revenue deployed · 15.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $13K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2020 to 2022
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- High — Financial Efficiency: Mission deployment rate scored 10/100.
- High — Financial Efficiency: Program expense ratio scored 15/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 1/100.