Restoration Hope Inc
- Assets
- $76.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, MS
- Founding
- 07/2011
- Data as of
- 12/2021
- EIN
- 27-4575575
Organization Overview
Restoration Hope Inc is located in Madison, MS. The organization was established in 2011. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Restoration Hope 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 12/2021, Restoration Hope Inc generated $47.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.3%) each year. All expenses for the organization totaled $84.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
IN 2021, RESTORATION HOPE'S MENTORS CONTINUED TO WORK TO BUILD A RELATIONSHIP WITH A LOCAL CHURCH IN THE AREA SERVED. THE ORGANIZATION CONDUCTED CHILDREN'S MINISTRY AT THE CHURCH WHILE HELPING TO BUILD UP THE CHURCH. THE ORGANIZATION ALSO WORKED WITH A SCHOOL NEXT DOOR TO OFFER DAILY PROGRAMS AND ACTIVITIES FOR THE KIDS AND TO POINT THEM TO THE CHURCH. THE MENTORS WORKED WITH CHILDREN AGES 5-14 AND THEIR FAMILIES IN ORDER TO HELP THEM THROUGH EDUCATION AND DISCIPLESHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dottie Grubbs Chair | 5 | $0 | |
Alison Johnson Vice-Chair | 5 | $0 | |
Nancy Arcemont Treasurer | 5 | $0 | |
Linda Lewis Secretary | 1 | $0 | |
Kenny White Director | 1 | $0 | |
Brandi Dausman Executive Director | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,971 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,973 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,231 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $107 |
| Other expenses | $80,243 |
| Total expenses | $84,581 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,599 |
| Other assets | $0 |
| Total assets | $76,036 |
| Total liabilities | $27 |
| Net assets or fund balances | $76,009 |