Redemption Bridge EIN 27-3500079

Redemption Bridge

EIN  27-3500079 Religious organization Arlington, TX
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Helps justice-involved individuals build life skills for family and community success.
Leadership
Judith Carrier · Dir. Sec/Tre
Money in and out
$585K revenue, $791K expenses
Bottom line
60% program efficiency

Helps justice-involved individuals build life skills for family and community success. For fiscal year 2024 it reported $585K in revenue, $791K in expenses, and $71K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$585K
Pt VIII · Ln 12
Total expenses
$791K
Pt IX · Ln 25
Net assets
$71K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$206K
Where spending went · Part IX cols B–D
Program services $0.60 Management & general $0.40
Program efficiency
60%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
1.6mo
months of highly liquid reserves at operating expense rate▼ -61% vs prior filing year
Surplus margin
-35%
revenue over expenses, this year▼ -265% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$585K
FY2024▼ -35%
Expenses
$791K
FY2024▲ +12%
Total assets
$212K
FY2024▼ -43%
Total liabilities
$141K
FY2024▲ +43%
Total revenue
$585K
Pt VIII · Ln 12
Total expenses
$791K
Pt IX · Ln 25
Net assets
$71K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$206K
Total assetsPt X · Ln 16$212K
Program-expense ratioPt IX · col B60%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $471K of program spending, described in the organization's own filed words · FY2024.
01

Redemption bridge serves as an intermediary, developing a collaborative approach in establishing public private partnerships. Our three primary programs are (1) the establishment of demonstration model talent pipelines with nine community college systems in texas, in four regions of the state, to enable our target populations to achieve…

$471Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRedemption Bridge
EINHdr · item D27-3500079
Principal addressHdr · item CArlington, TX
WebsiteHdr · item Jwww.redemptionbridge.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X21)
Ruling yearIRS BMFAug 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Dir. Sec/Tre
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A
$0Pt VII · Sec A

Wes Jurey’s $60K as Executive Di is at the 63rd percentile of top reported officer pay among 2136 $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.

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Statement of Revenue

Part VIII
Contributions & grants$565K · 96%
Other revenue$21K · 4%
Contributions & grants96%$565K
Other revenue4%$21K
Total revenueLn 12$585K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.60 Management & general $0.40
Program services60%$471K
Management & general40%$320K
Total functional expensesLn 25$791K

Balance Sheet

Part X · end of year
CashLn 1$108K
Total assetsLn 16$212K
Total liabilitiesLn 26$141K
Total net assetsLn 32$71K
Months of cash on handcomputed1.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $108K · Operating expenses/yr $791K
1.6 months
Where the money goes
Program services
Program services $471K · Total expenses $791K
60%
Management & General
Management & general $320K · Total expenses $791K
40%
Fundraising
Fundraising $0 · Total expenses $791K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $730K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $565K · Total revenue $585K
96%
Government reliance
Government grants — · Total revenue $585K
Earned-income share
Program service revenue $0 · Total revenue $585K
0%
Investment reliance
Investment income $0 · Total revenue $585K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $791K
0%
Growth & trend
Revenue growth (YoY)
This year $585K · Prior year $895K
-35%
Revenue CAGR
FY2020 $103K · FY2024 $585K
+54%
Net-asset trend (YoY)
End of year $71K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $585K · Expenses $791K
-35%
Liabilities-to-Assets
Total liabilities — · Total assets $212K
Net-asset ratio
Net assets $71K · Total assets $212K
34%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $212K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Judith Carrier · Reported title DIR. SEC/TRE · Highest reported compensation $0 · Total expenses $791K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $450K · Total expenses $791K
57%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 60%
Overhead ratio 40%
Fundraising cost ratio 0%
Revenue growth -35%

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 · funders on record
Grants received · FY2024
Commit2dallasFY2024$120K
Total grants receivedfrom 3 funders$140K
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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)$585K revenue · viewing · ⤓ 990 PDF
FY2023$895K revenue · ⤓ 990 PDF
FY2022$190K revenue · ⤓ 990 PDF
FY2021$150K revenue · ⤓ 990 PDF
FY2020$103K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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