Beautiful Redemption
- Assets
- $335.5k
- Revenue
- $599.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Palmer Lake, CO
- Founding
- 03/2016
- Data as of
- 12/2022
- EIN
- 47-3730396
Organization Overview
Beautiful Redemption is located in Palmer Lake, CO. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Beautiful Redemption employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beautiful Redemption 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 12/2022, Beautiful Redemption generated $599.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.4% each year . All expenses for the organization totaled $644.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BEAUTIFUL REDEMPTION IS THE BRIDGE BETWEEN THE FAITH COMMUNITY AND MEETING THE NEEDS OF FOSTER CHILDREN. WE CONNECT THE FAITH COMMUNITY TO REQUESTS THAT COME FROM THE DESK OF DHS AND THE SYSTEM WE USE IS THE ONLY ONE OF ITS KIND. WE SPEAK TO THOUSANDS EACH YEAR RAISING AWARENESS TO FOSTER CARE NEEDS, RECRUITING FOSTER PARENTS AND HELP FORM WRAP AROUND SUPPORT COMMUNITIES FOR FOSTER FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTER FAMILY ASSISTANCE STEP ONE - WE ARE THE BRIDGE THAT CONNECTS OUR MOST NEEDY CHILDREN & FAMILIES TO COMMUNITY MEMBERS WHO WANT TO HELP. STEP TWO - WRAP AROUND SERVICES FOR FOSTER CARE FAMILIES. WE PARTNER WITH FOSTERING HOPE TO DO THIS WELL. STEP THREE - RECRUIT FOSTER PARENTS. WE PARTNER WITH HOPE & HOME TO ACCOMPLISH THIS.
FULFILING THE NEEDS OF FOSTER FAMILIES WITH DONATIONS OF MONEY AND GOODS.
CAREPORTAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Dunn Chairman | OfficerTrustee | 1 | $0 |
Brett Gracely Treasurer | OfficerTrustee | 1 | $0 |
John Huckstep Secretary | OfficerTrustee | 1 | $0 |
Christy Vermeer Board Member | Trustee | 1 | $0 |
Michael Worley Board Member | Trustee | 1 | $0 |
Mike Worley President/ce | OfficerTrustee | 40 | $151,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $599,289 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $599,289 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $599,289 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $28,450 |
| Grants and other assistance to domestic individuals. | $40,683 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $151,000 |
| Compensation of current officers, directors, key employees. | $22,650 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $171,410 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $64,563 |
| Payroll taxes | $0 |
| Fees for services: Management | $75 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,370 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $5,742 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $31,678 |
| Office expenses | $10,333 |
| Information technology | $55,317 |
| Royalties | $0 |
| Occupancy | $7,084 |
| Travel | $9,299 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,443 |
| Interest | $2 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $575 |
| Insurance | $0 |
| All other expenses | $2,762 |
| Total functional expenses | $643,957 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $319,266 |
| Savings and temporary cash investments | $5 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $16,257 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $335,528 |
| Accounts payable and accrued expenses | $10,604 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,127 |
| Total liabilities | $14,731 |
| Net assets without donor restrictions | $320,797 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $335,528 |
Grants Awarded
Over the last fiscal year, Beautiful Redemption has awarded $19,150 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CORE INSPIRATE PURPOSE: PROGRAM SUPPORT | $12,700 |
THE GO PROJECT INC PURPOSE: PROGRAM SUPPORT | $6,450 |