Redemption Road Rescue Inc

Nonprofit profile at a glance

EIN
454027924
IRS 990-EZ coverage
2017–2024
Forms available
Form 990 2023, Form 990-EZ 2024, Form 990-N 2015
Location
Jackson, TN, USA
Phone
7316168922
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Animal Protection and Welfare

Official website

Reported finances

Revenue
$148,243
Expenses
$137,315
Assets
$89,393
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Lorine Collins (Board Member/President)

People named in this filing

  • Joe Collins (Board Member/Treasurer)
  • Lorine Collins (Board Member/President)
  • Linda Freeman (Board 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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Redemption Road Rescue was founded as an organization to help horses and horse owners in need. We accept surrendered animals if the owner can no longer maintain the animal, as well as work side by side with local authorities on animal cruelty cases and seizures. Our ultimate goal is to rescue horses until rescue is no longer needed.

What it reported doing in 2024

Rescue, rehabilitation and adoption placement of approximately 100 hourses annually.

Operating model

Revenue model
Donor-supported. 66% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 100
  • Sustainability: 55
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.5%; rating input score 90
  • Program expense ratio: 96.1%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 7.4%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 0.65; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -1.3% per year; rating input score 0; 26th percentile among comparable filings
  • Revenue growth: 3.3% per year; rating input score 100; 39th percentile among comparable filings
  • Asset growth: 22.1% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 90.5% of revenue deployed · 96.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $132K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Operating margin scored 53/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.