Operation Restoration is located in Spartanburg, SC. The organization was established in 1993. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Operation Restoration 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, Operation Restoration generated $21.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.7%) each year. All expenses for the organization totaled $9.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (18.0%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
THE WELCOME HOME PROGRAM PROVIDES TRANSITIONAL HOUSING SHELTER FOR HOMELESS VETERANS. THE PROGRAM HELPS VETERANS TO DEVELOP LIFE SKILLS AND SECURE EMPLOYMENT
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Gentry-Murdock Board Chair | 0 | $0 | |
Deborah Eadie Director | 0 | $0 | |
Wanda Mcmichael Director | 0 | $0 | |
Phil Makowski Director | 0 | $0 | |
David Jewel Director | 0 | $0 | |
James Dawkins Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $800 |
| Total Program Service Revenue | $14,842 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,000 |
| Total Revenue | $21,642 |
| 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 | $846 |
| Occupancy, rent, utilities, and maintenance | $56 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,203 |
| Total expenses | $9,105 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,726 |
| Other assets | $0 |
| Total assets | $11,028 |
| Total liabilities | $24,421 |
| Net assets or fund balances | -$13,393 |