Overview
What is Restoration Charities Inc?
Restoration Charities Inc is a nonprofit organization situated in Arlington, Texas, with a US address at 2700 Shadow Rd W. Their primary mission is to extend support to women, rescuing them from abuse and poverty, and empowering them to lead fulfilling lives as mothers, community members, and Christians. As part of their commitment, they are collaborating with another ministry to construct homes in Peru. Their activities encompass mission funding and benevolence, with a team of 12 dedicated individuals working towards their objectives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 22%, Zero-Star out of Four Star rating.
Restoration Charities Inc has received a low rating primarily due to its performance in accountability and finance metrics. The organization's overall score is solely derived from this single beacon and highlights significant shortcomings, particularly in financial transparency. Notably, the charity does not provide financial statements, which has severely impacted its score.
While the charity does have some policies in place, such as a conflict of interest policy and a whistleblower policy, it lacks a majority of independent board members and has a low program expense ratio of just 4.67%. This raises concerns about how effectively the organization is utilizing its resources for its intended programs and services.
Furthermore, the absence of key documents, including board meeting minutes and the posting of its tax form on its website, contributes to the overall lack of accountability. Overall, these factors indicate that Restoration Charities Inc has considerable room for improvement in governance and financial management to enhance its rating and better serve its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Restoration Charities Inc legitimate?
Restoration Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Restoration Charities 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: $140,863
Professional Fundraising Fees: $0
Other Salaries and Wages: $224,850
For more financial information, click here
What is the mission statement of Restoration Charities Inc?
Restoration Charities Inc's mission involves providing funding and benevolence, specifically focused on assisting women who have experienced abuse and poverty. The organization's primary objective is to empower these women, helping them transition towards productive lives as mothers and active members of their communities, while also fostering their spiritual growth as Christians. In partnership with another ministry, Restoration Charities Inc is also involved in constructing houses in Peru.
Who is the CEO of Restoration Charities Inc?
Bruce Carter is the President of Restoration Charities Inc.
What is the revenue of Restoration Charities Inc?
Restoration Charities Inc's revenue in 2022 was $526,781.
Who are the executives of Restoration Charities Inc and what are their salaries?
The average compensation at Restoration Charities Inc during 2022 was $30,476. There are 12 employees and 8 volunteers at Restoration Charities Inc.
Here are 4 key members and their salaries:
- Compensation: $116,513
- Related: $0
- Other: $0
- Compensation: $24,350
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Restoration Charities Inc?
Restoration Charities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Restoration Charities Inc
Restoration Charities, Inc., is a mission-driven organization that focuses on funding and benevolence. Its primary mission is to aid women who have experienced abuse and poverty, providing them with the necessary tools to transform their lives and become productive members of their communities and as mothers and Christians. The organization achieves this through its women's shelter, which serves as a safe haven for these women, offering them essentials such as food and clothing.
In addition to its shelter services, Restoration Charities, Inc., partners with another ministry to build houses in Peru. This extension of its mission aims to provide a physical space for women to start anew, further equipping them with the resources they need to rebuild their lives. The organization's mission is not just about providing temporary relief but is committed to empowering these women to lead fulfilling and productive lives. This holistic approach to aid ensures that the women are not only rescued from their current situations but are also equipped with the skills and resources to become self-sufficient members of their communities.
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Impact
July, 2024
Restoration Charities Inc's impact is significant in the realm of human services. Their women's shelter in Arlington, TX, continues to rescue women from abuse and poverty while equipping them for productive lives as mothers, community members, and Christians. Additionally, their partnership with another ministry to build houses in Peru demonstrates their commitment to addressing shelter needs internationally. Through their mission funding and benevolence work, Restoration Charities Inc is actively making a difference in the lives of vulnerable individuals both locally and globally.
This information is meant to be a general summary of Restoration Charities 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.
- Gross Receipts: $526,781
Assets and Liabilities:
- Total Assets: $257,207
- Total Liabilities: $198,656
- Net Assets: $58,551
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Organization Details
Founding Year
2013
Phone
(214) 708-0541Principal Officer
Bruce Carter
Main Address
2704 Shadow Rd W, Arlington, TX, 76006
NTEE Category
Code: P20 - Human services
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