Redemption House EIN 46-1057549 Form 990 (PDF) Claim this org

Redemption House FY2020 filing

Not yet claimed Claim this org →

Transforms hearts through Christ's fellowship, freeing people from addiction's bondage. For fiscal year 2020 it reported $547K in revenue, $449K in expenses, and $381K in net assets.Pt I

Type
Religious organization · Religion
Location
Minnetonka, MN
Website
www.redemptionhouse.net
Filings
5 on file (2020–2020)
Revenue
$547KFY2020
Expenses
$449K
Net assets
$381K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-1057549 Religious organization Minnetonka, MN
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Redemption House claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Transforms hearts through Christ's fellowship, freeing people from addiction's bondage.
Leadership
John Leonard · Chairman and CEO · $138K
Money in and out
$547K revenue, $449K expenses
Bottom line
84% program efficiency
Where the money goes · FY2020
Total revenue
$547K
Pt VIII · Ln 12
Total expenses
$449K
Pt IX · Ln 25
Net assets
$381K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $98K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.16
Program efficiency
84%
of spending reaches programs
Operating runway
7.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+18%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$547K
FY2020
Expenses
$449K
FY2020
Total assets
$1.2M
FY2020
Total liabilities
$784K
FY2020
Total revenue
$547K
Pt VIII · Ln 12
Total expenses
$449K
Pt IX · Ln 25
Net assets
$381K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$98K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRedemption House
EINHdr · item D46-1057549
Principal addressHdr · item CMinnetonka, MN
WebsiteHdr · item Jwww.redemptionhouse.net
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X99)
Ruling yearIRS BMFFeb 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chairman and CEO
$138,000Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

John Leonard’s $168K as Chairman and CEO is at the 98th 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.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
John Leonard$168,355$148,484$148,017$145,750
John Leonard$168,355$138,000

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.

See Redemption House executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

3 program services account for $378K of program spending, described in the organization's own filed words · FY2020.
01

A sustainable business model. Redemption house has quickly developed a national reputation as an innovative and sustainable model of addiction ministry. We have helped over 200 men and their families, from 22 different states to worship their way out of addiction. The majority of our funding is derived from our affordable program fees.

$378Kprogram expense
02

Phase one-residential recovery--redemption house is a heart-focused, gospel-centered residential recovery ministry. We help men worship their way out of addiction through the practice of honoring god in the details of their lives. Our innovative, private-pay model is not only sustainable but unique in the addiction ministry landscape.

Pt IX · col B
03

An innovative approach. Approaching addiction as a worship disorder not only teaches people that there is more to addiction than biology, but it demonstrates that there is an opportunity to worship in everything that we do. This important perspective is not only helpful to addicts but to anyone trying to walk out a life of repentance.

Pt IX · col B

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Program service revenue$389K · 71%
Contributions & grants$118K · 22%
Other revenue$39K · 7%
Program service revenue71%$389K
Contributions & grants22%$118K
Other revenue7%$39K
Investment income$876
Total revenueLn 12$547K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.16
Program services84%$378K
Management & general16%$70K
Total functional expensesLn 25$449K

Balance Sheet

Part X · end of year
CashLn 1$266K
Total assetsLn 16$1.2M
Total liabilitiesLn 26$784K
Total net assetsLn 32$381K
Months of cash on handcomputed7.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $266K · Operating expenses/yr $449K
7.1 months
Where the money goes
Program services
Program services $378K · Total expenses $449K
84%
Management & General
Management & general $70K · Total expenses $449K
16%
Fundraising
Fundraising $0 · Total expenses $449K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $118K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $118K · Total revenue $547K
22%
Government reliance
Government grants — · Total revenue $547K
Earned-income share
Program service revenue $389K · Total revenue $547K
71%
Investment reliance
Investment income $876 · Total revenue $547K
+0.2%
Program self-sufficiency
Program service revenue $389K · Total expenses $449K
87%
Growth & trend
Revenue growth (YoY)
This year $547K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $381K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $547K · Expenses $449K
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $381K · Total assets $1.2M
33%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.2M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual John Leonard · Reported title CHAIRMAN AND CEO · Highest reported compensation $138K · Total expenses $449K
31%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $237K · Total expenses $449K
53%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 16%
Fundraising cost ratio 0%
Legal fee ratio 0.6%

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
Total grants receivedfrom 1 funder$6K

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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)$564K revenue · ⤓ 990 PDF
FY2023$533K revenue · ⤓ 990 PDF
FY2022$426K revenue · ⤓ 990 PDF
FY2021$594K revenue · ⤓ 990 PDF
FY2020$547K revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

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

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.