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Ransomed Life Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 471038949 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is Ransomed Life Inc?

Ransomed Life Inc, located in San Antonio, Texas, is a dedicated nonprofit organization that focuses on supporting exploited youth. Their mission is to equip and empower these young individuals, enabling them to overcome their challenges and discover a sense of freedom and purpose. The organization provides counseling services to help youth process their traumatic experiences and begin their healing journey. Additionally, Ransomed Life offers mentoring programs tailored to each youth's unique goals, supporting them in reaching their full potential. They extend their assistance to the youth's families as well, offering counseling and support. Furthermore, Ransomed Life works with the broader community through presentations and their website, raising awareness about the issue of sex trafficking and aiding in its prevention. Their team of 10 dedicated professionals is committed to making a difference in the lives of exploited youth.


Official website here: www.ransomedlifetexas.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Ransomed Life Inc has received an 81% rating from Charity Navigator, indicating a solid performance in various accountability and finance metrics. The organization excels particularly in areas such as culture and community, as well as leadership and adaptability, both receiving perfect scores of 100. This suggests a strong commitment to fostering an inclusive environment and effectively guiding the organization towards its mission.

Strengths noted include a high program expense ratio of 77.70%, which reflects a substantial portion of funds directed towards programmatic activities. Additionally, the organization boasts a completely independent board and has established comprehensive governance policies, including conflict of interest and whistleblower protections. These elements contribute to a well-structured and transparent operational framework.

On the downside, while the overall rating is commendable, there may be areas for improvement in the Accountability & Finance category, where it scored 77. This indicates that while the organization is performing well, there may still be opportunities to enhance financial practices or reporting. Overall, Ransomed Life Inc shows a commendable commitment to its mission and operational integrity.


This AI summary has been generated from information found on Charity Navigator.

Is Ransomed Life Inc legitimate?

Ransomed Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ransomed Life Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $439,130
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,775

For more financial information, click here


Official website here: www.ransomedlifetexas.org

What is the mission statement of Ransomed Life Inc?

Ransomed Life Inc's mission is centered around assisting exploited youth. The primary objective is to equip and empower these youth, enabling them to overcome their trauma and discover a sense of purpose. The organization provides counseling services to aid in the healing process. Mentoring is also offered to help each youth realize their full potential. The organization extends its support to the youth's family as well, offering counseling and assistance. In addition, Ransomed Life Inc works within the community, leveraging their website and presentations to raise awareness about sex trafficking. Their goal is to contribute to the prevention of such issues and foster a society that is more vigilant and proactive in combating this problem.


Official website here: www.ransomedlifetexas.org

Who is the CEO of Ransomed Life Inc?

Lori Fanning is the President of Ransomed Life Inc.


Official website here: www.ransomedlifetexas.org

What is the revenue of Ransomed Life Inc?

Ransomed Life Inc's revenue in 2022 was $548,559.


Official website here: www.ransomedlifetexas.org

Who are the executives of Ransomed Life Inc and what are their salaries?

The average compensation at Ransomed Life Inc during 2022 was $44,090. There are 10 employees and 51 volunteers at Ransomed Life Inc.


Here are 6 key members and their salaries:


Lori Fanning (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Stukkie (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nada Ismail Taha (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorie Willis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Gunter (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Bustros (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ransomedlifetexas.org

Where can I find the form 990 for Ransomed Life Inc?

Ransomed Life Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ransomedlifetexas.org

Learn more at the official website: www.ransomedlifetexas.org

Mission Statement of Ransomed Life Inc

Ransomed Life Inc is dedicated to a noble mission: empowering and equipping exploited youth to find freedom and purpose in their lives. This nonprofit organization offers a range of supportive services to aid in the healing process for these vulnerable individuals. Through counseling, Ransomed Life Inc helps youth process their traumatic experiences and begin their journey towards healing. The mentoring program provided by the organization seeks to assist each youth in realizing their full potential. Recognizing the importance of family support, Ransomed Life Inc also works with the families of these youth, offering counseling and assistance to help them navigate this challenging time.

In addition to its direct services, Ransomed Life Inc also reaches out to the broader community. The organization utilizes its website and presents at various venues, such as churches, schools, and medical facilities, to raise awareness about the issue of sex trafficking. By educating the public, Ransomed Life Inc aims to contribute to the prevention of this heinous crime in society. The nonprofit's mission is a testament to its commitment to helping exploited youth regain control of their lives and find purpose in their journey towards healing and self-discovery.

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Impact




July, 2024

Ransomed Life Inc's impact can be seen in the transformation of exploited youth who are equipped and empowered to experience freedom and purpose. Through counseling, mentoring, and support for both the youth and their families, Ransomed Life is able to help these individuals process trauma, heal, and reach their full potential. By raising awareness in the community through presentations and outreach efforts, Ransomed Life also plays a crucial role in preventing sex trafficking and advocating for the well-being of vulnerable youth. Their specialized mentor program and adult preparation initiatives ensure that youth are not only supported during their time in the program but also empowered to face the challenges of adulthood with confidence and skills.




This information is meant to be a general summary of Ransomed Life Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$548,559 (2022)
Expenses
$578,607 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $107,432
  • Gross Receipts: $548,559

Assets and Liabilities:

  • Total Assets: $149,858
  • Total Liabilities: $2,831
  • Net Assets: $147,027

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program Service Revenue

Revenue

$107,432

Organization Details

Founding Year

2014

Principal Officer

Lori Fanning

Main Address

18402 US HWY 281N 281, SAN ANTONIO, TX, 78259

NTEE Category

Code: P20 - Human services

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