Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.17x
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
17th percentile
Higher net margin than 17% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Top officer pay equals 25.6% of source-year revenue.
Asset Growth
18th percentile
Faster asset growth than 18% of similar nonprofits.
Revenue Growth
57th percentile
Faster revenue growth than 57% of similar nonprofits.
Balance Sheet
Assets
Down$73,899
Down $22,066 (-23%) from 2019
Net Assets
Down-$12,256
Down $12,277 (-58462%) from 2019
Liabilities
Down$86,155
Down $9,789 (-10%) from 2019
Revenue And Expenses
Revenue
Down$39,030
Down $3,000 (-7.1%) from 2019
Expenses
Down$51,307
Down $10,319 (-17%) from 2019
Net Income
Up-$12,277
Up $7,319 (+37%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- May 21, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $77,780
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. | - | $36,757 |
| 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 | $9,992 | - | $9,992 |
| KELLY JOHNSTON | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Redemption Ministries Inc
- EIN
- 47-3518958
- Phone
- 6088816300
- Address
- 201 SAND LAKE ROAD, ONALASKA, WI 54650
Signing Officer
- Name
- Bonice Sipley
- Title
- President
- Phone
- 6088816300
- Signed
- 2021-05-21
- 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 696 office supplies 320 supplies 110 bank fees 270 interest 4,617 insurance 1,795 miscellaneous 36 fees 1,305 equipment rental 36 fines and penalties 90 expenses non-investment depreciation 700 total 9,975”
Form 990-ez, Part II, Line 24
“Inventories for sale or use 89,931 69,617 equipment 5,956 5,956 less accumulated depreciation 3,245 3,793 total 92,642 71,780”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 48,538 26,564 loan from officer 12,100 30,323 note payable bremer bank 35,306 29,268”
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 Appendix137 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 |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | BONICE SIPLEY |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | KELLY JOHNSTON |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | BONICE SIPLEY |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6088816300 |
| 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/BOYAmt | 0 | 1053 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 3156 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 38750 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -12277 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2123 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 95965 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 73899 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 35874 |
| IRS990EZ/GrossReceiptsAmt | 0 | 77780 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 74624 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 2270 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 2119 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 21 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -12256 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 21 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -12256 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 21076 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 9992 |
| 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 | 92642 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 71780 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 9975 |
| 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/PrintingPublicationsPostageAmt | 0 | 338 |
| 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 | 36757 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 17795 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 95944 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 86155 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 51307 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 36757 |
| IRS990EZ/TotalRevenueAmt | 0 | 39030 |
| 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 | 3156 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 14565 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 13258 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 10487 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 15582 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 57048 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 178666 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 57048 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 3156 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 14565 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 13258 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 10487 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 15582 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 57048 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 57048 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | BOOK STORE ADVERTISING 696 OFFICE SUPPLIES 320 SUPPLIES 110 BANK FEES 270 INTEREST 4,617 INSURANCE 1,795 MISCELLANEOUS 36 FEES 1,305 EQUIPMENT RENTAL 36 FINES AND PENALTIES 90 EXPENSES NON-INVESTMENT DEPRECIATION 700 TOTAL 9,975 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | INVENTORIES FOR SALE OR USE 89,931 69,617 EQUIPMENT 5,956 5,956 LESS ACCUMULATED DEPRECIATION 3,245 3,793 TOTAL 92,642 71,780 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 48,538 26,564 LOAN FROM OFFICER 12,100 30,323 NOTE PAYABLE BREMER BANK 35,306 29,268 |
| 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 | 6088816300 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-05-21 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | REDEMPTION MINISTRIES INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | REDE |
| ReturnHeader/Filer/EIN | 0 | 473518958 |
| ReturnHeader/Filer/PhoneNum | 0 | 6088816300 |
| 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 | 2021-06-07 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DEREK WILBER CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2021-10-13T11:06:35-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | BONICE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | SIPLEY |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $73,899
- Liabilities
- $86,155
- Net assets
- -$12,256
- Revenue
- $39,030
- Expenses
- $51,307
- Net income
- -$12,277