Restoring Lives Inc
- Assets
- $100.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ardmore, OK
- Founding
- 03/2015
- Data as of
- 06/2023
- EIN
- 47-1495829
Organization Overview
Restoring Lives Inc is located in Ardmore, OK. The organization was established in 2015. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Restoring Lives 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 06/2023, Restoring Lives Inc generated $129.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 41.3% each year . All expenses for the organization totaled $35.4k during the year ending 06/2023. While expenses have increased by 28.2% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FINANCIAL SUPPORT FOR CONTINUED EDUCATION THROUGH SCHOLARSHIP, BACK TO SCHOOL ASSISTANCE, TUTORING AND COMMUNITY MENTAL AND PHYSICAL HEALTH/WELLNESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shenita Jones Board President | 10 | $0 | |
Stephanie Coleman Vice President | 5 | $0 | |
Wanda Wynn Secretary | 5 | $0 | |
Chauvin Aaron Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $129,247 |
| 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 | $129,249 |
| 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 | $800 |
| Occupancy, rent, utilities, and maintenance | $14,868 |
| Printing, publications, postage, and shipping | $2,215 |
| Other expenses | $17,534 |
| Total expenses | $35,417 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,000 |
| Other assets | $0 |
| Total assets | $100,000 |
| Total liabilities | $0 |
| Net assets or fund balances | $100,000 |