Civic Intelligence

Redeemed Foundation

990EZ • Fiscal year 2021 • EIN 84-3904852

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 07, 2022

Organization ProfileREDEEMEDFOUNDATION.ORG
6130 W 56th StreetFremont, MI 49412-9155

(231) 638-3748

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

83rd percentile

43%

Higher net margin than 83% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

99th percentile

1600%

Faster asset growth than 99% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

22nd percentile

-37%

Faster revenue growth than 22% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$70,312

Up $66,177 (+1600%) from 2020

Net Assets

Up

$70,312

Up $66,177 (+1600%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin83rd percentile

Revenue

Down

$155,696

Down $89,621 (-37%) from 2020

Expenses

Down

$89,519

Down $152,609 (-63%) from 2020

Net Income

Up

$66,177

Up $62,988 (+1975%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2019: $946Liabilities 2019: $0Net Assets 2019: $9462019Assets 2020: $4,135Liabilities 2020: $0Net Assets 2020: $4,1352020Assets 2021: $70,312Liabilities 2021: $0Net Assets 2021: $70,3122021Assets 2022: $62,193Liabilities 2022: $0Net Assets 2022: $62,1932022Assets 2023: $191,225Liabilities 2023: $0Net Assets 2023: $191,2252023Assets 2024: $417,053Liabilities 2024: $0Net Assets 2024: $417,0532024

Highlighted filing

2021

Assets$70,312
Liabilities$0
Net Assets$70,312
Open 2021 Filing

Operations Trend

Revenue Growth22nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2019: $1,000Expenses 2019: $54Net Income 2019: $9462019Revenue 2020: $245,317Expenses 2020: $242,128Net Income 2020: $3,1892020Revenue 2021: $155,696Expenses 2021: $89,519Net Income 2021: $66,1772021Revenue 2022: $248,249Expenses 2022: $256,368Net Income 2022: -$8,1192022Revenue 2023: $350,127Expenses 2023: $221,095Net Income 2023: $129,0322023Revenue 2024: $469,027Expenses 2024: $243,199Net Income 2024: $225,8282024

Highlighted filing

2021

Revenue$155,696
Expenses$89,519
Net Income$66,177
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 7, 2022
Return Version
2021v4.2
Gross Receipts
$155,696
Mission and Program Overview

Mission

The redeemed foundation is a tennessee nonprofit corporation that exists to communicate the gospel of jesus christ by mobilizing, equipping and funding road crews, production personnel and needs involved in artistic and evangelistic, interdenominational christian music ministries.

Program Services

DescriptionGrantsExpenses
THE REDEEMED FOUNDATION IS A TENNESSEE NONPROFIT CORPORATION THAT EXISTS TO COMMUNICATE THE GOSPEL OF JESUS CHRIST BY MOBILIZING, EQUIPPING AND FUNDING ROAD CREWS, PRODUCTION PERSONNEL AND NEEDS INVOLVED IN ARTISTIC AND EVANGELISTIC, INTERDENOMINATIONAL CHRISTIAN MUSIC MINISTRIES.$0$84,426
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD RHOADSPresident-$0--
LORI VANBOXELVice President-$0--
NATHAN SMITHSecretary/Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Redeemed Foundation
EIN
84-3904852
Phone
2316383748
Address
6130 W 56TH STREET, FREMONT, MI 49412-9155

Signing Officer

Name
Lori Van Boxel
Title
Vice-president
Phone
2316383748
Signed
2022-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Hungerford Nichols Cpas Advisors
Address
2910 LUCERNE DR SE, GRAND RAPIDS, MI 49546
Preparer
Jonathan a Sytsma CPA
Phone
6169493200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank service charges. Amount: 245. Description: reimbursements. Amount: 49. Description: program expenses. Amount: 84,132. Total to form 990-ez, line 16: 84,426.”

Raw XML Appendix140 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum02316383748
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06130 W 56TH STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FREMONT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
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IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RICHARD RHOADS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt084426
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE REDEEMED FOUNDATION IS A TENNESSEE NONPROFIT CORPORATION THAT EXISTS TO COMMUNICATE THE GOSPEL OF JESUS CHRIST BY MOBILIZING, EQUIPPING AND FUNDING ROAD CREWS, PRODUCTION PERSONNEL AND NEEDS INVOLVED IN ARTISTIC AND EVANGELISTIC, INTERDENOMINATIONAL CHRISTIAN MUSIC MINISTRIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE REDEEMED FOUNDATION IS A TENNESSEE NONPROFIT CORPORATION THAT EXISTS TO COMMUNICATE THE GOSPEL OF JESUS CHRIST BY MOBILIZING, EQUIPPING AND FUNDING ROAD CREWS, PRODUCTION PERSONNEL AND NEEDS INVOLVED IN ARTISTIC AND EVANGELISTIC, INTERDENOMINATIONAL CHRISTIAN MUSIC MINISTRIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt084426
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt0155696
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0REDEEMEDFOUNDATION.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION BEGAN IN 2019. THE INITIAL FILING YEAR WAS ALSO A SHORT YEAR.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, SECTION B, LINE 13
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0155696
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0245317
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01000
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IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0402013
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0155696
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0245317
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0402013
IRS990ScheduleA/TotalSupportAmt0402013
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 245. DESCRIPTION: REIMBURSEMENTS. AMOUNT: 49. DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 84,132. TOTAL TO FORM 990-EZ, LINE 16: 84,426.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LORI VAN BOXEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE-PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02316383748
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REDEEMED FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0REDE
ReturnHeader/Filer/EIN0843904852
ReturnHeader/Filer/PhoneNum02316383748
ReturnHeader/Filer/USAddress/AddressLine1Txt06130 W 56TH STREET
ReturnHeader/Filer/USAddress/CityNm0FREMONT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd0494129155
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382184825
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HUNGERFORD NICHOLS CPAS ADVISORS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02910 LUCERNE DR SE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRAND RAPIDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049546
ReturnHeader/PreparerPersonGrp/PhoneNum06169493200
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JONATHAN A SYTSMA CPA
ReturnHeader/ReturnTs02022-11-14T09:20:46-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LORI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VAN BOXEL
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$70,312
Liabilities
$0
Net assets
$70,312
Revenue
$155,696
Expenses
$89,519
Net income
$66,177
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.17$0.00$4.17$4.69$2.43$2.26
2023Detailed filing. Detailed filing data is available for this year.$1.91$0.00$1.91$3.50$2.21$1.29
2022Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$2.48$2.56$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$1.56$0.90$0.66
2020Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$2.45$2.42$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.01$0.00$0.01