Redeemer School Inc
- Assets
- $1.3m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 46
- Location
- Winstonsalem, NC
- Founding
- 06/1996
- Data as of
- 06/2023
- EIN
- 56-1911529
Organization Overview
Redeemer School Inc is located in Winstonsalem, NC. The organization was established in 1996. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Redeemer School Inc employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Redeemer School Inc 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 06/2023, Redeemer School Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $2.2m during the year ending 06/2023. While expenses have increased by 8.4% per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
REDEEMER SCHOOL IS A COMMUNITY OF LIKE-MINDED FAMILIES COMMITTED TO NURTURING STUDENTS IN THEIR RELATIONSHIP WITH JESUS CHRIST AND ENGAGING THEM IN THE LIFE-LONG PURSUIT OF WISDOM AND KNOWLEDGE AS THEY DISCOVER, EMBRACE AND INTEGRATE GOD'S TRUTH IN ALL OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TK-8TH GRADE PROGRAM: REDEEMER SCHOOL PROVIDES A TK-8TH GRADE EDUCATIONAL PROGRAM FOR UP TO APPROXIMATELY 236 STUDENTS WITH SMALL CLASS SIZES, HALF DAY CLASSES IN THE EARLY GRADES (K-2), LITERATURE BASED CURRICULUM, WHOLE CHILD LEARNING, A FOCUS ON THE DEVELOPMENT OF GOOD LEARNING HABITS, DISCIPLINE BASED ON SHEPHERDING THE HEART, UNIQUE CHARLOTTE MASON TEACHING AND ASSESSMENT METHODS, A COMMITTMENT TO PARTNERING WITH PARENTS, A FOCUS ON BUILDING SERVANT LEADERSHIP AND BIBLICAL AND INTEGRATED APPROACH TO FAITH AND LEARNING.
READ AFTER SCHOOL PROGRAM: THE REDEEMER EXPLORATION AND DISCOVERY(READ) PROGRAM IS AVAILABLE FOR ALL TK-3RD GRADE REDEEMER SCHOOL STUDENTS AFTER NOON DISMISSAL. TEACHERS ARE TRAINED IN THE SCHOOL'S PHILOSOPHY & WILL FOLLOW A CURRICULUM DEVELOPED BY THE SCHOOL THAT DOES NOT OVERLAP WITH THE CURRENT SCHOOL-DAY CURRICULUM. THE SCHEDULE INCLUDES TIME FOR LUNCH, OUTDOOR PLAY, WORK ON HAND CRAFTS, READ ALOUD TIME AND INDEPENDENT WORK AND PLAY TIME FOR STUDENTS. THERE ARE NORMALLY UP TO TWO CLASSES EACH DAY.
ROOTS LEARNING RESOURCE PROGRAM: THE ROOTS LEARNING RESOURCE PROGRAM AT REDEEMER PROVIDES 1) RESOURCES FOR PARENTS, STUDENTS, AND TEACHERS WITHIN THE CONTEXT OF THE RICH CLASSROOM CURRICULUM, 2) OUTSIDE TUTORS AND SPECIALISTS COORDINATED WITH THE SCHOOL SCHEDULE, 3) OVERSIGHT OF THE SCREENING AND INTERVENTION PROCESS, 4) TESTING AND CLASSROOM ACCOMMODATIONS THAT MEET YOUR CHILD'S SPECIFIC NEEDS, AND 5) SUBJECT AREA AND READING TUTORING. ROOTS FOLLOWS THE RESPONSE TO INTERVENTION FORMAT AND OVERSEES A LEARNING RESOURCE SERVICE PLAN FOR ROUGHLY 2% OF CURRENT STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Loryn Faile Head Of Scho | Officer | 40 | $100,400 |
John Eanes Director | Trustee | 1 | $0 |
Martin Harrison Director | Trustee | 1 | $0 |
Mary Beth Joseph President | OfficerTrustee | 1 | $0 |
Jenny Temple Director | Trustee | 1 | $0 |
James Torrible Director | Trustee | 1 | $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 | $304,555 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $304,555 |
| Total Program Service Revenue | $2,051,751 |
| Investment income | $9,923 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$7,498 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,358,830 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $278,721 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $100,400 |
| Compensation of current officers, directors, key employees. | $21,084 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,207,591 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $76,233 |
| Payroll taxes | $103,975 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,530 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $34,060 |
| Office expenses | $13,298 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $94,853 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,476 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,431 |
| Insurance | $12,185 |
| All other expenses | $32,440 |
| Total functional expenses | $2,239,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $862,895 |
| Savings and temporary cash investments | $0 |
| 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 | $447,458 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,610 |
| Total assets | $1,315,963 |
| Accounts payable and accrued expenses | $7,265 |
| 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 | $49,459 |
| Other liabilities | $89,679 |
| Total liabilities | $146,403 |
| Net assets without donor restrictions | $1,169,560 |
| 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 | $1,315,963 |