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Project Restore Inc

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

EIN: 541771213 ✦ Locust dale, VA ✦ Designated as a 501(c)(3)

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Overview

What is Project Restore Inc?

Project Restore Inc is a nonprofit organization that focuses on spreading the gospel through an educational ministry. While the provided information is limited, it suggests that their primary mission revolves around religious education and outreach. Their activities, as described, may involve various educational programs or initiatives aimed at spreading their beliefs. However, further details about their specific projects, reach, or impact are not available in the given data.


Official website here: www.projectrestore.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54%, One-Star out of Four Stars

Project Restore Inc has received a low rating of 54%, placing it in the One-Star category due to significant concerns regarding its accountability and financial transparency. The organization scored poorly on several metrics, including having no independent board members and failing to provide financial statements, which could raise red flags for potential donors regarding its governance practices.

Despite the shortcomings, the nonprofit has demonstrated a strong commitment to its programs, with an impressive program expense ratio of 89.25%. This indicates that a substantial portion of its funds is directed towards its mission-related activities, which is a positive aspect of its operations. Furthermore, the organization maintains a low liabilities to assets ratio, showcasing financial stability in that regard.

However, the lack of essential policies, such as a conflict of interest policy and a whistleblower policy, points to a need for improvement in governance practices. This absence of documentation and transparency may deter potential supporters who prioritize accountability in their charitable contributions. Overall, while Project Restore Inc shows a strong focus on program expenses, its governance and financial reporting practices require significant enhancement.


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

Is Project Restore Inc legitimate?

Project Restore Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Restore 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: $78,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.projectrestore.com

What is the mission statement of Project Restore Inc?

Project Restore Inc's mission revolves around spreading the teachings of the gospel through an educational ministry. Their objective is to promote this religious message to a wider audience. The organization's activities primarily focus on educating individuals about the gospel, serving as a vehicle for its dissemination. However, due to the limited information provided, the specifics of their approach or the scope of their impact remain unclear.


Official website here: www.projectrestore.com

Who is the CEO of Project Restore Inc?

Ronald J Goss is the President of Project Restore Inc.


Official website here: www.projectrestore.com

What is the revenue of Project Restore Inc?

Project Restore Inc's revenue in 2020 was $1,291,140.


Official website here: www.projectrestore.com

Who are the executives of Project Restore Inc and what are their salaries?

The average compensation at Project Restore Inc during 2020 was $39,000. There are 2 employees and 2 volunteers at Project Restore Inc.


Here are 4 key members and their salaries:


Patricia T Goss (Secretary)
  • Compensation: $39,000
  • Related: $0
  • Other: $0
Ronald J Goss (President)
  • Compensation: $39,000
  • Related: $0
  • Other: $0
Leonard G Willett (Treasurer)
  • Compensation: $1,255
  • Related: $0
  • Other: $0
Billy Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.projectrestore.com

Where can I find the form 990 for Project Restore Inc?

Project Restore Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.projectrestore.com

Learn more at the official website: www.projectrestore.com

Mission Statement of Project Restore Inc

Project Restore Inc, an educational ministry, is dedicated to spreading the gospel. Their primary mission is to carry out this objective through their activities. By doing so, they aim to make a positive impact and contribute to their community in a spiritual sense.

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Impact




July, 2024

Project Restore Inc's impact can be seen in the educational ministry they run, which is dedicated to spreading the gospel and impacting lives in Locust Dale, VA. Through their work, they are reaching individuals with the message of hope and faith, making a positive difference in the community and beyond.




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

Revenue
$1,291,140 (2020)
Expenses
$1,785,954 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $24,688
  • Program Service Revenue: $54,670
  • Gross Receipts: $1,291,140

Assets and Liabilities:

  • Total Assets: $3,454,786
  • Total Liabilities: $353,501
  • Net Assets: $3,101,285

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Organization Details

Founding Year

1995

Principal Officer

Ronald J Goss

Main Address

PO Box 2000, Locust Dale, VA, 22748

NTEE Category

Code: X99 - Religion related

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