Overview
What is Restoring The Soul Inc?
Restoring The Soul Inc is a Christian ministry based in Lakewood, Colorado, with a team of six Soul Care Therapists. Their primary mission is to serve local churches by providing pastoral counseling, mentoring, teaching, and training, aiming to promote emotional healing and wholeness. In 2022, they completed 210 counseling intensives, funded $360,000 in scholarships, and reached listeners in over 200 countries through their podcast. Expansion plans include hiring additional therapists and securing more office space. Restoring The Soul Inc offers two types of intensives—Spiritual Direction Intensives and Soul Care Intensives—designed to renew, restore, and revive Christian leaders and individuals, focusing on prevention, wellness, and problem-solving.
Official website here: www.restoringthesoul.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Overall score: 65%, earning a Two-Star out of Four Star rating. Restoring The Soul Inc has received a low rating primarily due to its accountability and finance practices. The organization scored 0 out of 8 points for having independent board members and 0 out of 15 points for financial statements, which raises concerns about transparency and governance.
On a positive note, the nonprofit demonstrates strong program expense management, with an impressive 80% of its expenses directed towards programs. The organization also has a good liabilities to assets ratio at 45.28%, indicating a relatively manageable level of debt. Furthermore, it has established policies for conflict of interest and maintains proper documentation of board meeting minutes.
However, significant weaknesses remain, particularly in areas of financial reporting and board independence. The lack of a whistleblower policy and document retention practices further adds to the concerns regarding the organization's governance. Overall, while Restoring The Soul Inc shows potential in program spending, its accountability measures need substantial improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Restoring The Soul Inc legitimate?
Restoring The Soul Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Restoring The Soul 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: $298,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $460,143
For more financial information, click here
Official website here: www.restoringthesoul.com
What is the mission statement of Restoring The Soul Inc?
Restoring the Soul Inc is a Christian ministry dedicated to serving local churches by providing care for souls through various avenues. These include pastoral counseling, mentoring, teaching, and curriculum development, all aimed at facilitating emotional healing and wholeness. The organization offers intensive programs in Denver, Colorado, where individuals and couples can receive daily spiritual care. The Spiritual Direction Intensive, a one-week retreat, focuses on prevention, wellness, and spiritual renewal, while the Soul Care Intensive, spanning two weeks, addresses specific problems and emphasizes healing. The mission of Restoring the Soul Inc is to revive, restore, and renew individuals through teaching, counseling, prayer, and spiritual support.
Official website here: www.restoringthesoul.com
Who is the CEO of Restoring The Soul Inc?
Michael Cusick is the President of Restoring The Soul Inc.
Official website here: www.restoringthesoul.com
What is the revenue of Restoring The Soul Inc?
Restoring The Soul Inc's revenue in 2022 was $1,638,622.
Official website here: www.restoringthesoul.com
Who are the executives of Restoring The Soul Inc and what are their salaries?
The average compensation at Restoring The Soul Inc during 2022 was $69,002. There are 11 employees and 15 volunteers at Restoring The Soul Inc.
Here are 8 key members and their salaries:
- Compensation: $67,500
- Related: $0
- Other: $109,000
- Compensation: $83,375
- Related: $0
- Other: $39,000
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.restoringthesoul.com
Where can I find the form 990 for Restoring The Soul Inc?
Restoring The Soul Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.restoringthesoul.com
Learn more at the official website: www.restoringthesoul.com
Mission Statement of Restoring The Soul Inc
Restoring the Soul Inc is a Christian ministry committed to serving local churches by focusing on the "care of souls." They achieve this through various avenues, including pastoral counseling, mentoring, teaching, and training, with the ultimate goal of leading others towards emotional healing and wholeness. The organization offers Intensives, allowing individuals and couples to visit Denver, Colorado, and receive intensive daily spiritual care. This spiritual care includes teaching, counseling, prayer, and meditation, designed to renew, restore, and revive the participants.
Restoring the Soul Inc offers two types of Intensives: Spiritual Direction Intensives and Soul Care Intensives. The Spiritual Direction Intensive is a one-week retreat, emphasizing prevention, wellness, and spiritual renewal for Christian leaders. This program incorporates activities like prayer, meditation, devotional reading, and instruction, as well as spiritual direction. On the other hand, the Soul Care Intensive, spanning two weeks, is problem-focused, providing targeted support to individuals in need. Both Intensives offer participants an opportunity to receive personalized spiritual care, promoting healing and wholeness.
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Impact
July, 2024
Restoring The Soul Inc's impact is evident through its significant accomplishments in 2022. The organization completed 210 individual and couple counseling intensives with a team of six Soul Care Therapists. Additionally, they funded $360,000 in scholarship money to enable more clients, including pastors, missionaries, and Christian leaders, to benefit from their intensive programs. Furthermore, their Restoring the Soul podcast has reached a wide audience, with 1.9 million downloads of 254 episodes, spanning over 16,000 cities and 200 countries across 6 continents in just six years of podcasting. Expansion plans for additional therapists and office space are also in motion. Through their activities, Restoring The Soul Inc is making a tangible difference in providing spiritual care and emotional healing to individuals and couples seeking renewal and restoration.
This information is meant to be a general summary of Restoring The Soul 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.
- Investment Income: $94
- Program Service Revenue: $1,288,586
- Gross Receipts: $1,638,622
Assets and Liabilities:
- Total Assets: $519,373
- Total Liabilities: $235,178
- Net Assets: $284,195
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Advertising revenue
Revenue
$525
Miscellaneous activity
Revenue
$5,659
Program service revenue
Revenue
$1,282,402
Organization Details
Founding Year
2002
Phone
(303) 932-9777Principal Officer
Michael Cusick
Main Address
7175 W Jefferson Avenue 4400, Lakewood, CO, 80235
Website
www.restoringthesoul.comNTEE Category
Code: X20 - Religion related
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