Overview
What is Restore Global Inc?
Restore Global Inc is a compassionate public foundation headquartered in Charlotte, North Carolina. Its primary focus is on delivering sustainable humanitarian aid, dedicated to uplifting communities in need. As a nonprofit organization, Restore Global Inc leverages its resources and expertise to offer long-term support, ensuring the well-being and empowerment of those it serves.
Official website here: www.restoreglobal.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 51%, One-Star out of Four Star Rating
Restore Global Inc has received a low score of 51%, indicating significant concerns regarding its financial transparency and governance practices. The rating is primarily derived from its Accountability & Finance score, which suggests that the organization's financial management and oversight may not meet donor expectations or standards for effective nonprofit operations.
One notable strength is the organization's program expense ratio, which stands at a commendable 74.83%. This indicates that a substantial portion of its expenses is allocated towards its programs, which is a positive sign for potential supporters. Additionally, the charity has established policies for conflict of interest and whistleblower protections, as well as proper documentation of board meeting minutes, reflecting some level of administrative diligence.
However, the organization faces substantial limitations, particularly in governance. There are no independent board members, and it lacks essential financial statements on its website, which raises concerns about transparency. Moreover, its liabilities to assets ratio is significantly high at 137.13%, suggesting potential financial instability. Overall, while Restore Global Inc demonstrates a commitment to its programs, the lack of independent oversight and transparency could deter potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Restore Global Inc legitimate?
Restore Global Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Restore Global Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $140,457
Professional Fundraising Fees: $0
Other Salaries and Wages: $319,959
For more financial information, click here
Official website here: www.restoreglobal.org
What is the mission statement of Restore Global Inc?
Restore Global Inc, functioning as a public foundation, is dedicated to providing sustainable humanitarian aid as its mission. The organization's primary focus is on supporting various humanitarian needs, striving for long-term solutions. Restore Global's activities aim to alleviate suffering and promote development in communities worldwide. By operating on a sustainable basis, the organization aims to ensure its initiatives continue to positively impact lives for the long term. It is committed to making a lasting difference in the lives of those in need.
Official website here: www.restoreglobal.org
Who is the CEO of Restore Global Inc?
Steven Wray is the President & Ceo of Restore Global Inc. The CEO's salary of Restore Global Inc is $82,765 and their total compensation is $82,765.
Official website here: www.restoreglobal.org
What is the revenue of Restore Global Inc?
Restore Global Inc's revenue in 2022 was $1,038,126.
Official website here: www.restoreglobal.org
Who are the executives of Restore Global Inc and what are their salaries?
The average compensation at Restore Global Inc during 2022 was $38,368. There are 12 employees and 120 volunteers at Restore Global Inc.
Here are 4 key members and their salaries (Restore Global Inc's CEO's salary is $82,765 and their total compensation is $82,765):
- Compensation: $82,765
- Related: $0
- Other: $0
- Compensation: $57,692
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.restoreglobal.org
Where can I find the form 990 for Restore Global Inc?
Restore Global Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.restoreglobal.org
Learn more at the official website: www.restoreglobal.org
Mission Statement of Restore Global Inc
Restore Global, as a public foundation, is committed to providing sustainable humanitarian support as its core mission. This mission is geared towards offering long-term aid to those in need, ensuring that the assistance provided has a lasting impact on the communities it serves. By operating under this mission, Restore Global strives to make a significant and meaningful difference in the lives of those it supports.
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Impact
October, 2024
Restore Global Inc has a significant impact through its commitment to sustainable humanitarian support. Based in Charlotte, NC, the organization focuses on providing assistance that fosters self-reliance and long-term development. By addressing the immediate needs of communities while also empowering them for future resilience, Restore Global helps to create lasting change. Their approach to philanthropy emphasizes sustainability, ensuring that the support they offer not only alleviates current challenges but also equips individuals and communities with the tools they need for ongoing growth and stability. This dual focus on immediate relief and future empowerment enhances the overall effectiveness of their humanitarian efforts, making a profound difference in the lives of those they serve.
This information is meant to be a general summary of Restore Global Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $802,457
- Gross Receipts: $1,092,921
Assets and Liabilities:
- Total Assets: $209,197
- Total Liabilities: $286,873
- Net Assets: -$77,676
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUSTAINABLE HUMAN SUPPORT
Revenue
$802,457
Organization Details
Founding Year
2007
Phone
(774) 247-0406Principal Officer
Steven Wray
Main Address
PO BOX 77293, CHARLOTTE, NC, 28271
Website
www.restoreglobal.orgNTEE Category
Code: T30 - Philanthropy
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