Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Redemption Ministries Inc
EIN 47-3518958 • 501(c)3 • Onalaska, WI
Profile
To demonstrate christ's love and redemption by helping restore individuals to god's plan and purpose.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
1.31x
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
41st percentile
Higher net margin than 41% of similar nonprofits.
Top Officer Pay
88th percentile
Higher top officer pay than 88% of similar nonprofits.
Top officer pay equals 25.6% of source-year revenue.
Asset Growth
20th percentile
Faster asset growth than 20% of similar nonprofits.
Revenue Growth
79th percentile
Faster revenue growth than 79% of similar nonprofits.
Balance Sheet
Assets
Down$41,940
Down $31,959 (-43%) from 2020
Liabilities
Down$55,075
Down $31,080 (-36%) from 2020
Net Assets
Down-$13,135
Down $879 (-7.2%) from 2020
Revenue
Up$51,666
Up $12,636 (+32%) from 2020
Expenses
Up$52,545
Up $1,238 (+2.4%) from 2020
Net Income
Up-$879
Up $11,398 (+93%) from 2020
Trend Graphs
Filings
Most recent year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $41,940
- Liabilities
- $55,075
- Net assets
- -$13,135
- Revenue
- $51,666
- Expenses
- $52,545
- Net income
- -$879
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Nov 14, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $127,177
Mission and Program Overview
Mission
To demonstrate Christ's love and redemption by helping restore individuals to God's plan and purpose.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SALES OF CHRISTIAN BOOKS, FAITH BASED RECOVERY PROGRAMS AND SUPPORT GROUPS, FOOD PANTRY, AND FAITH BASED MENTORING. | - | $37,945 |
| SALES OF CHRISTIAN BOOKS, FAITH BASED RECOVERY PROGRAMS AND SUPPORT GROUPS, FOOD PANTRY, AND FAITH BASED MENTORING. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| BONICE SIPLEY | President | FT | $6,231 | - | $6,231 |
| KELLY JOHNSTON | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Redemption Ministries Inc
- EIN
- 47-3518958
- Phone
- 6087977911
- Address
- 201 SAND LAKE ROAD, ONALASKA, WI 54650
Signing Officer
- Name
- Bonice Sipley
- Title
- President
- Phone
- 6087977911
- Signed
- 2022-11-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- La Crosse Cpas LLC
- Address
- 1425 STATE ROAD 16 STE A, LA CROSSE, WI 54601
- Preparer
- Derek Wilber CPA
- Phone
- 6084339884
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Book store advertising 1,616 office supplies 4,099 interest 3,600 miscellaneous 545 expenses non-investment depreciation 675 total 10,535”
Form 990-ez, Part II, Line 24
“Inventories for sale or use 69,617 34,191 equipment 5,956 5,956 less accumulated depreciation 3,793 4,327 total 71,780 35,820”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 26,564 4,076 loan from officer 30,323 34,993 note payable bremer bank 29,268 16,006”
Form 990-ez, Part III
“To demonstrate christ's love and redemption by helping restore individuals to god's plan and purpose.”
Form 990-ez, Part III, Line 31
“Sales of christian books, faith based recovery programs and support groups, food pantry, and faith based mentoring.”
Raw XML Appendix134 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | BONICE SIPLEY |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6087977911 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | N8536 HANSON DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | HOLMEN |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 54636 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 4143 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 3649 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 75511 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -879 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 600 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 73899 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 41940 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 48017 |
| IRS990EZ/GrossReceiptsAmt | 0 | 127177 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 123528 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 2119 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 1977 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -12256 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -13135 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -12256 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -13135 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 29209 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 6231 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | BONICE SIPLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KELLY JOHNSTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 71780 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 35820 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 10535 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO DEMONSTRATE CHRIST'S LOVE AND REDEMPTION BY HELPING RESTORE INDIVIDUALS TO GOD'S PLAN AND PURPOSE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SALES OF CHRISTIAN BOOKS, FAITH BASED RECOVERY PROGRAMS AND SUPPORT GROUPS, FOOD PANTRY, AND FAITH BASED MENTORING. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | SALES OF CHRISTIAN BOOKS, FAITH BASED RECOVERY PROGRAMS AND SUPPORT GROUPS, FOOD PANTRY, AND FAITH BASED MENTORING. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 37945 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 12201 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 86155 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 55075 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 52545 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 37945 |
| IRS990EZ/TotalRevenueAmt | 0 | 51666 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 3649 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 3156 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 14565 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 13258 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 10487 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 45115 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 302194 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 45115 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 3649 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 3156 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 14565 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 13258 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 10487 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 45115 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 45115 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | BOOK STORE ADVERTISING 1,616 OFFICE SUPPLIES 4,099 INTEREST 3,600 MISCELLANEOUS 545 EXPENSES NON-INVESTMENT DEPRECIATION 675 TOTAL 10,535 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | INVENTORIES FOR SALE OR USE 69,617 34,191 EQUIPMENT 5,956 5,956 LESS ACCUMULATED DEPRECIATION 3,793 4,327 TOTAL 71,780 35,820 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 26,564 4,076 LOAN FROM OFFICER 30,323 34,993 NOTE PAYABLE BREMER BANK 29,268 16,006 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO DEMONSTRATE CHRIST'S LOVE AND REDEMPTION BY HELPING RESTORE INDIVIDUALS TO GOD'S PLAN AND PURPOSE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | SALES OF CHRISTIAN BOOKS, FAITH BASED RECOVERY PROGRAMS AND SUPPORT GROUPS, FOOD PANTRY, AND FAITH BASED MENTORING. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 31 |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | (A) DID THE ORGANIZATION, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT? NO (B) DID THE ORGANIZATION, DURING THE YEAR, PAY PREMIUMS, DIRECTLY OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT? NO |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BONICE SIPLEY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6087977911 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | REDEMPTION MINISTRIES INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | REDE |
| ReturnHeader/Filer/EIN | 0 | 473518958 |
| ReturnHeader/Filer/PhoneNum | 0 | 6087977911 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 201 SAND LAKE ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ONALASKA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | WI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 54650 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 461410019 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | LA CROSSE CPAS LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1425 STATE ROAD 16 STE A |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LA CROSSE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | WI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 54601 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6084339884 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DEREK WILBER CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2022-11-15T14:40:53-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | BONICE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | SIPLEY |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
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