Redemption Song Foundation EIN 47-1809140 Form 990 (PDF) Claim this org

Redemption Song Foundation

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Educates underserved children, especially indigenous Batwa, and supports community development in Uganda. For fiscal year 2022 it reported $216K in revenue, $35K in expenses, and $193K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
San Diego, CA
Website
www.redemptionsongfoundation.org
Filings
1 on file (2022–2022)
Revenue
$216KFY2022
Expenses
$35K
Net assets
$193K
People
9
Filings
1
Updates
0
More identity details & actions ⌄
EIN  47-1809140 Public charity (501(c)(3)) San Diego, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Educates underserved children, especially indigenous Batwa, and supports community development in Uganda.
Leadership
Wendee Nicole Holtcamp · President · $12K
Money in and out
$216K revenue, $35K expenses
Bottom line
91% program efficiency
Where the money goes · FY2022
Total revenue
$216K
Pt VIII · Ln 12
Total expenses
$35K
Pt IX · Ln 25
Net assets
$193K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $182K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.06 Fundraising $0.04
Program efficiency
91%
of spending reaches programs
Operating runway
67.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+84%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total revenue
$216K
Pt VIII · Ln 12
Total expenses
$35K
Pt IX · Ln 25
Net assets
$193K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$182K
Total assetsPt X · Ln 16$193K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRedemption Song Foundation
EINHdr · item D47-1809140
Principal addressHdr · item CSan Diego, CA
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B01)
Ruling yearIRS BMFSep 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
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
$12,000Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair & Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Wendee Nicole Holtcamp’s $12K as President is at the 41st percentile of top reported officer pay among 146 <$100K education 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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Mission & Programs · Part III

Where the work happens

3 program services account for $31K of program spending, described in the organization's own filed words · FY2022.
01

Education

Redemption Song Foundation has donor sponsors for children's education (primary, secondary and university) and provides mentoring, tutoring, and nutritional support for these children.

$19Kprogram expense
02

Community Development

Redemption Song Foundation supports basic sustainable development in the Batwa communities, including providing clean water, housing, solar power, and organic permaculture (animals, vegetables, coffee, etc) as livelihood projects to help the Batwa develope economic self-sufficiency and get out of extreme poverty and hunger.

$10Kprogram expense
03

Artisan Coop

Redemption Song Foundation buys baskets and products from the local community and sells them in the U.S. and online to support its programs as well as the women making the products.

$2Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$216K
Program service revenue$77
Other revenue$528
Total revenueLn 12$216K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.06 Fundraising $0.04
Program services91%$31K
Management & general6%$2K
Fundraising4%$1K
Total functional expensesLn 25$35K

Balance Sheet

Part X · end of year
CashLn 1$193K
Total assetsLn 16$193K
Total liabilitiesLn 26$79
Total net assetsLn 32$193K
Months of cash on handcomputed67.0

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $193K · Operating expenses/yr $35K
67.0 months
Where the money goes
Program services
Program services $31K · Total expenses $35K
91%
Management & General
Management & general $2K · Total expenses $35K
6%
Fundraising
Fundraising $1K · Total expenses $35K
4%
Cost to raise $1
Fundraising expense $1K · Solicited contributions $216K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $216K · Total revenue $216K
100%
Government reliance
Government grants — · Total revenue $216K
Earned-income share
Program service revenue $77 · Total revenue $216K
0.04%
Investment reliance
Investment income $0 · Total revenue $216K
0%
Program self-sufficiency
Program service revenue $77 · Total expenses $35K
0.2%
Growth & trend
Revenue growth (YoY)
This year $216K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $193K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $216K · Expenses $35K
+84%
Liabilities-to-Assets
Total liabilities — · Total assets $193K
Net-asset ratio
Net assets $193K · Total assets $193K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $193K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Wendee Nicole Holtcamp · Reported title President · Highest reported compensation $12K · Total expenses $35K
35%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $16K · Total expenses $35K
46%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 6%
Fundraising cost 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 · FY2023
Total grants receivedfrom 1 funder$39

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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
FY2022 (Latest)$216K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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