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Restore Life Incorporated

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264394379 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Restore Life Incorporated?

Restore Life Incorporated is a nonprofit organization located in Atlanta, Georgia. Their primary focus is on cultural renewal, encompassing arts, technology, entrepreneurship, and community beautification. The organization generates revenue from its services to fund a mentorship and apprenticeship program for community youth. Through their Restoration Studio, they have produced various art projects, hosted concerts, and provided employment opportunities for local youth. Their Studio Grind Mentorship Program has trained over 120 kids in audio engineering, production, video editing, web design, and music industry standards. Additionally, they offer sound and production services to clients and have developed four websites for their customers. Restore Life Incorporated's mission is to empower local leaders in community development, guided by their six core values of relationships, reconciliation, redemption, restoration, resilience, and renaissance.


Official website here: www.restorelife.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85% (Three-Star out of Four Star rating)

Restore Life Incorporated has achieved a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and finance management. The organization scored 85% overall, with the rating being entirely derived from its Accountability & Finance score. This highlights its commitment to transparency and responsible financial practices, which are crucial for donor trust and effective operational management.

One of the strengths of Restore Life Incorporated is its fully independent board, comprising nine members, which ensures unbiased governance. Additionally, the charity has successfully maintained a perfect score in several key metrics, such as having no material diversion of assets and a low liabilities to assets ratio. The organization also adheres to best practices by having clearly listed policies on conflict of interest and whistleblower protections, as well as publicly available financial documents.

While the rating reflects strong financial stewardship, it is important for potential donors to consider that the overall score is solely based on the Accountability & Finance metrics. There is no information available regarding the charity's program efficiency or impact, which are also critical components for evaluating a nonprofit's effectiveness in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Restore Life Incorporated legitimate?

Restore Life Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Restore Life Incorporated 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: $73,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,898

For more financial information, click here


Official website here: www.restorelife.net

What is the mission statement of Restore Life Incorporated?

Restore Life Incorporated's mission is centered around discovering and developing effective resources, empowering local leaders to serve as catalysts for community development. The organization is guided by six core values: relationships, reconciliation, redemption, restoration, resilience, and renaissance. They aim to achieve this mission by fostering relationships, promoting reconciliation, facilitating redemption, driving restoration, encouraging resilience, and fostering renaissance within communities. Through their Cultural Renewal Program, they focus on the arts, technology, entrepreneurship, and community beautification, utilizing revenue to provide mentorship and apprenticeship opportunities for community youth. Their Restoration Studio has produced various art projects and employed local youth, while their Studio Grind Mentorship Program has trained over 120 kids in audio engineering, video editing, web design, and music industry standards. Sound and Production Services have served 31 clients, while their Web Design Team has developed 4 websites for clients.


Official website here: www.restorelife.net

Who is the CEO of Restore Life Incorporated?

Daniel Iverson Iv is the Co-Executive Director of Restore Life Incorporated.


Official website here: www.restorelife.net

What is the revenue of Restore Life Incorporated?

Restore Life Incorporated's revenue in 2022 was $808,308.


Official website here: www.restorelife.net

Who are the executives of Restore Life Incorporated and what are their salaries?

The average compensation at Restore Life Incorporated during 2022 was $26,985. There are 7 employees and 120 volunteers at Restore Life Incorporated.


Here are 10 key members and their salaries:


Daniel Iverson Iv (Co-Executive Director)
  • Compensation: $75,667
  • Related: $0
  • Other: $0
Larry Corker (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia T Bradford Cpa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arletta T Brinson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Ellison (Secretary)
  • Compensation: $38,593
  • Related: $0
  • Other: $0
Jacques Hall Jr (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Toliver Wills (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Mathis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clarence Adams (Co-Executive Officer)
  • Compensation: $25,667
  • Related: $0
  • Other: $0
Terrice Blackwell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.restorelife.net

Where can I find the form 990 for Restore Life Incorporated?

Restore Life Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.restorelife.net

Learn more at the official website: www.restorelife.net

Mission Statement of Restore Life Incorporated

Restore Life Incorporated is dedicated to achieving its mission of fostering community development by identifying and nurturing local leaders as empowered agents. Guided by six core values, the organization strives to build relationships, promote reconciliation, facilitate redemption, encourage restoration, cultivate resilience, and inspire renaissance. Their mission is to empower these local leaders, enabling them to contribute significantly to their communities' growth and improvement.

At the heart of Restore Life Incorporated's mission is their Cultural Renewal Program, which focuses on the arts, technology, entrepreneurship, and community beautification. This program serves as a platform for local youth mentorship and apprenticeship, providing them with opportunities to develop skills in areas such as music, dance, video production, audio engineering, web design, and the music industry's standards. Through their initiatives, the organization has produced various art projects, hosted community concerts, and provided employment opportunities for local youth.

The Studio Grind Mentorship Program, another integral part of Restore Life Incorporated's mission, has trained over 120 youth in diverse disciplines, equipping them with the skills necessary to excel in the music industry and related fields. Additionally, the organization's Sound and Production Services have catered to 31 clients, while their Web Design Team has developed four websites for clients, further demonstrating their commitment to community development and empowerment.

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Impact




October, 2024

Restore Life Incorporated significantly contributes to community development by empowering local leaders and fostering a culture of renewal. Through its Cultural Renewal Program, the organization emphasizes the arts, technology, entrepreneurship, and community beautification, which together create a vibrant and engaging environment for residents.

The impact of Restore Life is evident in its achievements. The Restoration Studio has successfully recorded and produced over 78 different art projects including music, dance, and video, showcasing local talent and creativity. Additionally, hosting 23 community concerts not only provides entertainment but also strengthens community ties. The initiative has generated 37 job opportunities for local youth, which is crucial for economic development and skill-building.

Moreover, the Studio Grind Mentorship Program has trained 124 youth in vital skills such as audio engineering, production, video editing, web design, and music industry standards, equipping them with tools necessary for personal and professional growth. The Sound and Production team further expanded its reach by serving 31 clients, offering them quality services that enhance their projects and initiatives. The Web Design Team’s creation of four client webpages demonstrates the practical application of acquired skills, directly contributing to local businesses’ online presence.

By focusing on relationships, reconciliation, redemption, restoration, resilience, and renaissance, Restore Life Inc. cultivates a supportive environment that fosters personal growth and community upliftment. Its holistic approach to community development not only enhances artistic expression but also provides essential pathways for employment and skill-building for the youth, ultimately leading to a more resilient and connected community in Atlanta.




This information is meant to be a general summary of Restore Life Incorporated. 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.

Revenue
$808,308 (2022)
Expenses
$804,478 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5
  • Gross Receipts: $808,308

Assets and Liabilities:

  • Total Assets: $60,622
  • Total Liabilities: $6,795
  • Net Assets: $53,827

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Organization Details

Founding Year

2009

Principal Officer

Daniel Iverson Iv

Main Address

PO BOX 94863, ATLANTA, GA, 30377

NTEE Category

Code: J22 - Employment

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