The Family Restored
- Assets
- $313.2k
- Revenue
- $576.6k
- Investments
- $0.0
- Employees
- 6
- Location
- Portland, ME
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 46-4464084
Organization Overview
The Family Restored is located in Portland, ME. The organization was established in 2014. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Family Restored employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Restored 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 12/2023, Family Restored generated $576.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 22.8% each year . All expenses for the organization totaled $529.1k during the year ending 12/2023. While expenses have increased by 27.7% per year over the past 9 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
BELIEVING RECOVERY IS POSSIBLE, OUR MISSION IS TO STRENGTHEN AND SUPPORT FAMILIES AFFECTED BY ADDICTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SCHOLARSHIPS TO 115 RECIPIENTS FOR TREATMENT IN A REHAB OR ASSIST WITH RENT IN SOBER LIVING
OPERATED A MEN'S SOBER HOUSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Walsh President/director | OfficerTrustee | 1.43 | $0 |
Todd Grove Vice President/director | OfficerTrustee | 1.51 | $0 |
Eric Girard Executive Director | Officer | 40 | $65,932 |
Linda Drukman Director | Trustee | 0 | $0 |
Donald Harrington Director | Trustee | 0.82 | $0 |
Stanton Gavitt Treasurer/director | OfficerTrustee | 1.22 | $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 | $310,869 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $310,869 |
| Total Program Service Revenue | $267,246 |
| Investment income | $121 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,596 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $576,640 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $65,932 |
| Compensation of current officers, directors, key employees. | $65,932 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $117,161 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $375 |
| Payroll taxes | $13,051 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $200 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,883 |
| Office expenses | $20,016 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,146 |
| Travel | $1,504 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $148 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,620 |
| Insurance | $3,355 |
| All other expenses | $6,230 |
| Total functional expenses | $529,078 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $272,797 |
| 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 | $16,368 |
| Net Land, buildings, and equipment | $24,043 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $313,208 |
| Accounts payable and accrued expenses | $151 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $151 |
| Net assets without donor restrictions | $301,789 |
| Net assets with donor restrictions | $11,268 |
| 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 | $313,208 |