Redimir EIN 20-8495615

Redimir FY2020 filing

EIN  20-8495615 Religious organization Spring, TX
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides holistic healing and restoration for adult survivors of sex trafficking.
Leadership
Roberta Mark · Executive Di · $47K
Money in and out
$928K revenue, $769K expenses
Bottom line
80% program efficiency

Provides holistic healing and restoration for adult survivors of sex trafficking. For fiscal year 2020 it reported $928K in revenue, $769K in expenses, and $1.3M in net assets.Pt I

Where the money goes · FY2020
Total revenue
$928K
Pt VIII · Ln 12
Total expenses
$769K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $159K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.19 Fundraising $0.02
Program efficiency
80%
of spending reaches programs
Operating runway
3.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+17%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$928K
FY2020
Expenses
$769K
FY2020
Total assets
$1.3M
FY2020
Total liabilities
$41K
FY2020
Total revenue
$928K
Pt VIII · Ln 12
Total expenses
$769K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$159K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $612K of program spending, described in the organization's own filed words · FY2020.
01

Redeemed ministries provides an environment for women who are survivors of sex trafficking to lead healthy, productive and independent lives. The organization operates an 8-PERSON capacity safe house.

$612Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRedimir
EINHdr · item D20-8495615
Principal addressHdr · item CSpring, TX
WebsiteHdr · item Jredeemedtx.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X21)
Ruling yearIRS BMFMay 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$47,349Pt VII · Sec A
Director
$33,654Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer/Di
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary/Di
$0Pt VII · Sec A
Chairman/Dir
$0Pt VII · Sec A

Roberta Mark’s $65K as Dir. of Resi is at the 66th percentile of top reported officer pay among 2135 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Roberta Mark$65,000$69,632$59,436$45,123$47,349
Laura Evans$51,153
Dennis Mark$22,557$41,885$33,654

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$931K
Investment income$43
— government grantsLn 1e$400K
Total revenueLn 12$928K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.19 Fundraising $0.02
Program services80%$612K
Management & general19%$144K
Fundraising2%$12K
Total functional expensesLn 25$769K

Balance Sheet

Part X · end of year
CashLn 1$228K
Total assetsLn 16$1.3M
Total liabilitiesLn 26$41K
Total net assetsLn 32$1.3M
Months of cash on handcomputed3.6

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $228K · Operating expenses (Pt IX) $769K · Less non-cash grants $12K · Cash operating expenses/yr $758K
3.6 months
Where the money goes
Program services
Program services $612K · Total expenses $769K
80%
Management & General
Management & general $144K · Total expenses $769K
19%
Fundraising
Fundraising $12K · Total expenses $769K
2%
Cost to raise $1
Fundraising expense $12K · Solicited contributions $531K
$0.02 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $931K · Total revenue $928K
100%
Government reliance
Government grants $400K · Total revenue $928K
43%
Earned-income share
Program service revenue $0 · Total revenue $928K
0%
Investment reliance
Investment income $43 · Total revenue $928K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $769K
0%
Growth & trend
Revenue growth (YoY)
This year $928K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $928K · Expenses $769K
+17%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
Net-asset ratio
Net assets $1.3M · Total assets $1.3M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.3M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Roberta Mark · Reported title EXECUTIVE DI · Highest reported compensation $47K · Total expenses $769K
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $463K · Total expenses $769K
60%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 19%
Fundraising cost ratio 1%
Legal fee ratio 0%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Redm INCFY2024$46K
Total grants receivedfrom 3 funders$53K
See all 3 funders →
Grants paid · 13 grants · $81K · 2020–2024
Unitemized GrantFY2024$10,255
Unitemized GrantFY2024$6,180
Unitemized GrantFY2024$5,162
Unitemized GrantFY2023$8,825
Unitemized GrantFY2023$5,650
Unitemized GrantFY2023$648
Unitemized GrantFY2022$18,371
Unitemized GrantFY2022$5,115
Unitemized GrantFY2022$780
Unitemized GrantFY2021$4,100
Unitemized GrantFY2021$1,025
Unitemized GrantFY2020$10,939
Unitemized GrantFY2020$3,500

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$964K revenue · ⤓ 990 PDF
FY2023$611K revenue · ⤓ 990 PDF
FY2022$879K revenue · ⤓ 990 PDF
FY2021$710K revenue · ⤓ 990 PDF
FY2020$928K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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