Redeeming Love Ministries
- Assets
- $243.0k
- Revenue
- $436.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Colorado Springs, CO
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 46-3985600
Organization Overview
Redeeming Love Ministries is located in Colorado Springs, CO. The organization was established in 2015. According to its NTEE Classification (O11) the organization is classified as: Single Organization Support, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Redeeming Love Ministries 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, Redeeming Love Ministries generated $436.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 36.9% each year . All expenses for the organization totaled $311.8k during the year ending 12/2021. While expenses have increased by 41.9% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PARTNER WITH OTHER ORGANIZATIONS TO SPREAD THE GOSPEL MESSAGE OF JESUS CHRIST THROUGH EDUCATION, FEEDING, AND MEDICAL SUPPORT OF THE INDIGENT/ORPHANED CHILDREN OF THE DEMOCRATIC REPUBLIC OF THE CONGO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REDEEMING LOVE MINISTRIES OPERATES EXCLUSIVELY FOR CHARITABLE AND MINISTERIAL PURPOSES, ENGAGING IN INFORMATIONAL AND FUNDRAISING ACTIVITIES FOR THE MISSION OF SUPPORTING AND NURTURING OF THE CHILDREN OF THE DEMOCRATIC REPUBLIC OF CONGO WITH HEALTHY FOOD, PROPER MEDICAL CARE, SOUND SCHOOLING AND THE WORD OF GOD. DURING 2021, RLM PROVIDED FUNDING TO BUILD 3 WELLS THAT PROVIDE CLEAN WATER TO COMMUNITIES THAT DID NOT HAVE IT, CONSTRUCTION OF A RECOVERY HOME FOR CHILDREN DISCHARGED FROM THE HOSPITAL, FEEDING OVER 450 MALNOURISHED CHILDREN 3 TIMES A WEEK, FULLY SUPPORTING 409 CHILDREN WITH SCHOOL TUITION, HEALTH CARE, UNIFORMS, AND MONTHLY FOOD SUPPLEMENTS, ETC., THE SPONSORSHIP OF 8 COLLEGE STUDENTS WITH BOARD AND TUITION, BUILDING OF 3 HOMES FOR WIDOWS, THE OPENING OF A SECOND FEEDING CENTER THAT SERVES OVER 300 MALNOURISHED CHILDREN, HOSTING OF A PASTORS CONFERENCE FOR OVER 600 PASTORS FROM DIFFERENT PLACES THROUGHOUT THE CONGO, OVER 1,700 FAMILIES TO RECEIVE FOOD BENEFITS THROUGH THE COMMUNITY GARDEN AND FELLOWSHIP CENTER, THE CONSTRUCTION OF 3 BATHROOMS FOR LOCAL SCHOOLS ALONG WITH THE INSTALLATION OF CLEAN WATER SYSTEMS, THE STARTING OF A SEWING PROGRAM FOR WOMEN AND YOUNG GIRLS THAT EMPOWER THEM TO CREATE THEIR OWN BUSINESSES, THE PURCHASE OF CHICKENS AND BUILDING COOPS TO PROVIDES EGGS TO FEED MALNOURISHED CHILDREN AND THE PURCHASE OF OVER 35 PIGS USED TO HELP TEACH YOUNG GRADUATES BETTER WAYS TO FARM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Mwozi President | Officer | 40 | $34,397 |
Linda Washington Board Member | Trustee | 10 | $0 |
Agnes Romer Treasurer | Trustee | 10 | $0 |
Mary Robison Member | Trustee | 5 | $0 |
Beth Landt Board Member | Trustee | 5 | $0 |
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 | $436,143 |
| Noncash contributions included in lines 1a–1f | $550 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $436,143 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| 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 | $436,148 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $245,622 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $34,396 |
| Compensation of current officers, directors, key employees. | $8,599 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,631 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,424 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,700 |
| Travel | $7,002 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,229 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $311,793 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,810 |
| Savings and temporary cash investments | $150,306 |
| 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 | $16,918 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $243,034 |
| Accounts payable and accrued expenses | $2,903 |
| 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 | $0 |
| Total liabilities | $2,903 |
| Net assets without donor restrictions | $240,131 |
| 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 | $243,034 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Redeeming Love Ministries has recieved totaling $20,250.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $20,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chandler H Kibbee And Mercedes K Kibbee Foundation For Children Sheridan, WY | $13,511,920 | $2,104,033 |
Big Brothers Big Sisters Of Utah Inc Salt Lake City, UT | $1,000,913 | $2,440,314 |
James E West Foundation Omaha, NE | $23,468,379 | $3,469,599 |
Boy Scouts Of America Denver, CO | $34,327,670 | $3,029,324 |
Wyoming State 4h Foundation Laramie, WY | $6,351,833 | $1,074,965 |
Gillwell Foundation Omaha, NE | $8,176,739 | $8,704,636 |
Boy Scouts Of America Roswell, NM | $43,950,492 | $4,976,699 |
Boys And Girls Club Of Central Wyoming Endowment Foundation Inc Casper, WY | $10,401,641 | $818,229 |
Big Brothers Big Sisters Of Central New Mexico Foundation Albuquerque, NM | $0 | $0 |
Redeeming Love Ministries Colorado Springs, CO | $243,034 | $436,148 |
Girl Scouts Of Southern Arizona Properties Inc Tucson, AZ | $5,177,826 | $273,147 |
Girl Scouts Of Southern Arizona Foundation Tucson, AZ | $4,453,795 | $400,021 |