NonprofitsRedbud Financial Alternatives Inc

Human Services

Redbud Financial Alternatives Inc

HAZARD, KY

Total revenue

$211K

Total expenses

$500K

Net assets

$758K

Grants received

$595K

14 grants

EIN

472214397

Tax year

2023

Mission

To provide fair and equitable loans alongside financial education and coaching to empower people to achieve their financial goals

Financials

FY 2023

Revenue

Contributions & grants$88K
Program service revenue$115K
Investment income
Other revenue$8K
Total revenue$211K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$500K
Total expenses$500K
Total assets$2.2M
Net assets$758K

People

11 listed

NameRoleCompensation

BETSY CLEMONS

BOARD MEMBER

Board

KRISTIN COLLINS

BOARD MEMBER

Board

ZACH LAWRENCE

BOARD MEMBER

Board

RUSSELL OLIVER

BOARD MEMBER

Board

PAULA PARKER

BOARD MEMBER

Board

PAUL PATULA

BOARD MEMBER

Board

JILL ROBERTSON

BOARD MEMBER

Board

LES ROLL

BOARD MEMBER

Board

ANNIE WILLIAMS

BOARD MEMBER

Board

AMIE BEDWELL

CFO

Board

R SCOTT MCREYNOLDS

DIRECTOR

Board

Grants received

Showing 14 of 14

FromAmountPurposeYear
$15K
SMALL DOLLAR LENDING
2024
$13K
to further the exempt of purpose of the organization
2024
$100K
FINANCE JUSTICE FUND SUBGRANT
2023
$50K
GENERAL OPERATIONS
2023
$20K
To further the exempt purpose of the organization
2023
$125K
FINANCE JUSTICE FUND SUBGRANT
2022
$30K
To further the exempt purpose of the organization
2022
$25K
GENERAL OPERATING SUPPORT
2022
$25K
GENERAL OPERATING SUPPORT
2022
$10K
For grant recipient's exempt purposes
2022
$25K
GENERAL OPERATING SUPPORT
2021
$100K
COVID-19 GRANT
2020
$40K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2020
$18K
GENERAL OPERATING SUPPORT
2020

Funded by

$595K from 5 funders · 14 grants · 2020–2024

Opportunity Finance Network

$325K · 3 grants · 2020–2023

Flock Inc

$143K · 5 grants · 2020–2023

Foundation For Appalachian Kentucky Inc

$103K · 4 grants · 2020–2024

Cba Fund

$15K · 1 grant · 2024

Details

EIN472214397
NTEE codeP51
Subsection03
Ruling date2016-03
Formed2014
Employees0
REDBUD FINANCIAL ALTERNATIVES INC — Mission, Financials & Grants Received | Grantivo