Redimere Group
Redimere Group consistently operates with surpluses and zero officer compensation, building assets over time.
EIN: 202892839 · Greenwood Vlg, CO · NTEE: X19 · Updated: 2026-03-28
Is Redimere Group Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Redimere Group directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Redimere Group
Redimere Group (EIN: 202892839) is a nonprofit organization based in Greenwood Vlg, CO, classified under NTEE code X19. The organization reported total revenue of $171K and total assets of $86K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Redimere Group's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Redimere Group is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $203K |
| Total Expenses | $172K |
| Surplus / Deficit | +$31K |
| Total Assets | $106K |
| Net Assets | $106K |
| Operating Margin | 15.3% |
| Months of Reserves | 7.4 months |
Financial Health Grade: A
In 2023, Redimere Group reported a surplus of $31K with revenue exceeding expenses, holds 7.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Redimere Group's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.1% | -7.8% | +44.4% |
| 2022 | -13.7% | -3.5% | -16.6% |
| 2021 | -15.7% | +12.4% | +9.2% |
| 2020 | +33.4% | +2.0% | +499.3% |
| 2019 | +3.6% | +1.1% | +213.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Redimere Group with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Redimere Group allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $31K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means, which is highly favorable for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Redimere Group:
- Consistent revenue generation exceeding expenses (e.g., 2023 revenue $203,090 vs. expenses $171,922)
- Zero reported officer compensation across all filings, maximizing program funds
- Consistent asset growth (from $4,879 in 2014 to $105,625 in 2023)
- Zero reported liabilities, indicating a debt-free and financially stable operation
- Strong financial health with consistent surpluses in most years
Frequently Asked Questions about Redimere Group
Is Redimere Group a legitimate charity?
Based on AI analysis of IRS 990 filings, Redimere Group (EIN: 202892839) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Redimere Group spend its money?
Redimere Group directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Redimere Group tax-deductible?
Redimere Group is registered as a tax-exempt nonprofit (EIN: 202892839). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Redimere Group a good charity?
Based on the provided financial data, Redimere Group appears to be a very good charity. It consistently operates with a surplus, has growing assets, and reports zero officer compensation, indicating a strong commitment to program spending and efficiency.
How does Redimere Group manage its expenses?
Redimere Group manages its expenses effectively, consistently keeping them below or very close to its revenue. For example, in 2023, expenses were $171,922 against revenues of $203,090, demonstrating sound financial control.
What is Redimere Group's financial stability?
Redimere Group exhibits strong financial stability. It has consistently grown its assets from $4,879 in 2014 to $105,625 in 2023 and has reported zero liabilities across all filings, indicating a debt-free operation.
Filing History
IRS 990 filing history for Redimere Group showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Redimere Group's revenue has grown by 72.5%, moving from $118K to $203K. Total assets increased by 1045.7% over the same period, from $9K to $106K. Total functional expenses rose by 44.9%, from $119K to $172K. In its most recent filing year (2023), Redimere Group reported a surplus of $31K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $203K | $172K | $106K | $0 | — | — |
| 2022 | $172K | $187K | $73K | $0 | — | View 990 |
| 2021 | $199K | $193K | $88K | $0 | — | View 990 |
| 2020 | $236K | $172K | $80K | $0 | — | View 990 |
| 2019 | $177K | $169K | $13K | $0 | — | View 990 |
| 2018 | $171K | $167K | $4K | $0 | — | View 990 |
| 2017 | $130K | $131K | $2K | $0 | — | View 990 |
| 2016 | $120K | $121K | $647 | $0 | — | View 990 |
| 2015 | $112K | $113K | $2K | $0 | — | View 990 |
| 2014 | $111K | $120K | $5K | $0 | — | View 990 |
| 2013 | $98K | $107K | $18K | $0 | — | View 990 |
| 2012 | $118K | $106K | $23K | $0 | — | View 990 |
| 2011 | $118K | $119K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $203K, expenses of $172K, and assets of $106K (revenue +18.1% year-over-year).
- 2022: Revenue of $172K, expenses of $187K, and assets of $73K (revenue -13.7% year-over-year).
- 2021: Revenue of $199K, expenses of $193K, and assets of $88K (revenue -15.7% year-over-year).
- 2020: Revenue of $236K, expenses of $172K, and assets of $80K (revenue +33.4% year-over-year).
- 2019: Revenue of $177K, expenses of $169K, and assets of $13K (revenue +3.6% year-over-year).
- 2018: Revenue of $171K, expenses of $167K, and assets of $4K (revenue +31.9% year-over-year).
- 2017: Revenue of $130K, expenses of $131K, and assets of $2K (revenue +8.5% year-over-year).
- 2016: Revenue of $120K, expenses of $121K, and assets of $647 (revenue +6.6% year-over-year).
- 2015: Revenue of $112K, expenses of $113K, and assets of $2K (revenue +1.2% year-over-year).
- 2014: Revenue of $111K, expenses of $120K, and assets of $5K (revenue +13.4% year-over-year).
- 2013: Revenue of $98K, expenses of $107K, and assets of $18K (revenue -17.5% year-over-year).
- 2012: Revenue of $118K, expenses of $106K, and assets of $23K (revenue +0.6% year-over-year).
- 2011: Revenue of $118K, expenses of $119K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Redimere Group:
Data Sources and Methodology
This transparency report for Redimere Group is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.