The Redemption Project
- Assets
- $76.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 05/2012
- Data as of
- 12/2021
- EIN
- 38-3839292
Organization Overview
The Redemption Project is located in Chattanooga, TN. The organization was established in 2012. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Redemption Project is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Redemption Project generated $177.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $183.3k during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
4500 PEOPLE SERVED BY HOSTING PASTOR SABBATICALS, YOUTH CAMPS, MISSION TRIPS, CHURCH BUILDS, SEVERAL OUTREACH PROGRAMS, SEVERAL CONFERENCES, MULTIPLE RETREATS AND 2 CHURCHES BUILT, MISSION HOUSE REMODELED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Trussell Chairman | 3 | $0 | |
Terry Trussell Vice Chairman | 3 | $0 | |
Teena Stallings Board Memeber | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $176,958 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $176,958 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $30 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $741 |
| Occupancy, rent, utilities, and maintenance | $8,307 |
| Printing, publications, postage, and shipping | $2,845 |
| Other expenses | $171,311 |
| Total expenses | $183,335 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,995 |
| Other assets | $0 |
| Total assets | $75,995 |
| Total liabilities | $0 |
| Net assets or fund balances | $75,995 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Redemption Project has recieved totaling $6,577.
| Awarding Organization | Amount |
|---|---|
Shepherds Arms Rescue Mission Inc Chattanooga, TN PURPOSE: CONTRIBUTIONS | $6,577 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Operation Blessing International Relief & Development Corp Virginia Beach, VA | $46,516,514 | $96,480,836 |
Blumont Global Development Inc Arlington, VA | $10,315,810 | $52,380,007 |
Rise Against Hunger Raleigh, NC | $11,336,568 | $47,200,303 |
Mana Nutritive Aid Products Inc Matthews, NC | $67,621,644 | $74,041,127 |
Christian Relief Services Charities Inc Alexandria, VA | $4,032,952 | $38,457,221 |
Christian Relief Services Charities Inc Alexandria, VA | $1,058,086 | $23,184,836 |
Blumont International Inc Arlington, VA | $12,865,572 | $19,569,982 |
Global Outreach International Inc Tupelo, MS | $17,084,883 | $17,437,149 |
Gleaning For The World Inc Concord, VA | $12,160,365 | $11,390,037 |
Coptic Orphans Support Association Merrifield, VA | $53,399,454 | $18,274,988 |
Kids Alive International Inc Alpharetta, GA | $13,632,036 | $14,142,637 |
Nascent Solutions Inc Alexandria, VA | $4,533,019 | $10,643,568 |