Redeemer School INC FY2021 filing

Tax-deductible

Winston Salem, NC501(c)(3)EducationEIN 56-1911529Revenue $1.8M in FY2021

On file with the IRSredeemerschool.org1013 Melrose St, 27103-4434 · Winston Salem, NCTax-exempt since Jun 1996School — 170(b)(1)(A)(ii)

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Redeemer School is a community of like-minded families committed to nurturing students in their relationship with jesus christ and engaging them in the life-long pursuit of wisdom and knowledge as they discover, embrace and integrate god's truth in all of life.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
$162K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $167K a year · 8% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$162K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 4.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $36K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$168K
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.8M
+22% vs prior year
Spent
$1.4M
To programs
97%
Net assets
$846K
By yearFY2020–FY2025
Revenue
$1.8M
FY2021▲ +22%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.4M
FY2021$1.8M
FY2023$2.4M
FY2024$2.6M
FY2025$2.8M
Expenses
$1.4M
FY2021▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.4M
FY2021$1.4M
FY2023$2.2M
FY2024$2.4M
FY2025$2.7M
Net assets
$846K
FY2021▲ +70%
Tap a bar for its year
Net assets by fiscal year
FY2020$497K
FY2021$846K
FY2023$1.2M
FY2024$1.3M
FY2025$1.5M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1996.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $1.4M Management & general 20% · $277K Fundraising 3% · $47K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

20 people listed on the 990; $162K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Head of Scho
$81,000Pt VII · Sec A
Head of Scho
$81,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Loryn Faile’s $118K as Head of Scho is at the 44th percentile of top reported officer pay among 3395 $1–10M 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.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2021FY2020
Loryn Faile$118,385$107,400$100,400$81,000$38,800

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Nurtures students in faith and lifelong learning, integrating God's truth into all aspects of life.

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Provided by the organization

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4 programs · $2.4M · in their own filed words · FY2020
01

Tk-8th Grade Program

Redeemer school provides a TK-8TH grade educational program for up to approximately 195 students with small class sizes, half day classes in the early grades (k-2), literature based curriculum, whole child learning, a focus on the development of good learning habits, discipline based on shepherding the heart, unique charlotte mason…

$1.4Mprogram expense
02

Tk-8th Grade Program

Redeemer school provides a TK-8TH grade educational program for up to approximately 195 students with small class sizes, half day classes in the early grades (k-2), literature based curriculum, whole child learning, a focus on the development of good learning habits, discipline based on shepherding the heart, unique charlotte mason…

$1.1Mprogram expense
03

Read After School Program

The redeemer extended academic day (read) program is available for all TK-3RD grade redeemer school students after noon dismisal. Teachers are trained in the school's philosophy & will follow a curriculum developed by the school that does not overlap with the current school-day curriculum.

$730program expense
04

Read After School Program

The redeemer extended academic day (read) program is available for all TK-3RD grade redeemer school students after noon dismisal. Teachers are trained in the school's philosophy & will follow a curriculum developed by the school that does not overlap with the current school-day curriculum.

$730program expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 10 grants · $1.2M · 2019–2024
Unitemized GrantFY2024$280,554
Unitemized GrantFY2024$24,164
Unitemized GrantFY2023$261,573
Unitemized GrantFY2023$55,874
Unitemized GrantFY2022$221,742
Unitemized GrantFY2022$56,979
Unitemized GrantFY2020$197,142
Unitemized GrantFY2020$78,742
Unitemized GrantFY2020$25,730
Unitemized GrantFY2019$24,544

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Fees for servicesLn 2g$1.6M
Gifts and grantsLn 1h$459K
Money outPt IX
$1.4M
Ln 25
Programscol B$1.4M
Managementcol C$277K
Fundraisingcol D$47K
Owns and owesPt X
$846K
net assets · Ln 32
Cash and savingsLn 1–2$563K
Total assetsLn 16$1.0M
LiabilitiesLn 26$168K
PeoplePt VI, VII
20
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$459K
Government grantsLn 1e$218K
Fees for servicesLn 2g$1.6M
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$563K
Total assetsLn 16$1.0M
LiabilitiesLn 26$168K
Net assetsLn 32$846K
OperationsPt I, VI
EmployeesI 545
VolunteersI 6196
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.8M$2.7M$136K$1.5M 990 PDF
FY2024 $2.6M$2.4M$160K$1.3M 990 PDF
FY2023 $2.4M$2.2M$119K$1.2M 990 PDF
FY2022 Not on file
FY2021 Viewing $1.8M$1.4M$349K$846K 990 PDF
FY2020 $1.4M$1.4M$69K$497K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (1 part)
Part VI · Governance 9 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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