Overview
What is Restoration Development Foundation Inc?
Restoration Development Foundation Inc, also known as Restoration Gateway, is a nonprofit organization based in Waco, Texas. With a mission to restore and rebuild Uganda, the foundation primarily aims to assist orphaned children in regaining their dignity and rebuilding their lives. They accomplish this by offering funding for missionaries and infrastructure projects in Uganda, including the construction and support of schools, orphanages, and hospitals. The organization has made significant contributions to Antioch Ministries International in Uganda, amounting to $770,301. Currently, the foundation employs a team of three individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating. This rating reflects the organization's strong performance in Accountability & Finance, which is the sole metric for its overall score. A score of 79 indicates that the Restoration Development Foundation Inc demonstrates good financial health and operational transparency.
The organization has received high marks for its governance practices, including a fully independent board and the absence of material asset diversion. It also adheres to best practices, with policies in place for conflict of interest, whistleblowing, and document retention. The structure of the board is robust, featuring seven independent members, which supports effective oversight.
However, while the financial ratios reflect a healthy status, with a program expense ratio of 71.42%, there may be areas for improvement to enhance transparency or program impact further. Overall, the Restoration Development Foundation Inc appears to have a solid foundation in accountability and financial management, which is essential for donor trust and effective charitable operations.
This AI summary has been generated from information found on Charity Navigator.
Is Restoration Development Foundation Inc legitimate?
Restoration Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Restoration Development Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,125
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What is the mission statement of Restoration Development Foundation Inc?
The Restoration Development Foundation Inc's mission is centered around restoring and rebuilding Uganda, with a particular focus on assisting the orphaned children in the country. The organization aims to help these children regain their dignity and facilitate their efforts to rebuild their lives. To achieve this, the Foundation provides funding for missionaries in Uganda and supports various infrastructure projects such as the construction and maintenance of schools, orphanages, and hospitals. As evidenced by its financial aid to Antioch Ministries International in Uganda in the amount of $770,301, the Foundation is committed to making a significant impact in the country.
Who is the CEO of Restoration Development Foundation Inc?
Scott Salmans is the Principal Officer of Restoration Development Foundation Inc.
What is the revenue of Restoration Development Foundation Inc?
Restoration Development Foundation Inc's revenue in 2022 was $1,250,630.
Who are the executives of Restoration Development Foundation Inc and what are their salaries?
The average compensation at Restoration Development Foundation Inc during 2022 was $11,375. There are 3 employees and 8 volunteers at Restoration Development Foundation Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Restoration Development Foundation Inc?
Restoration Development Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Restoration Development Foundation Inc
Restoration Development Foundation Inc, as its name suggests, is dedicated to restoring and rebuilding Uganda. Their primary focus is on empowering the orphaned children of Uganda, enabling them to regain their dignity and rebuild their lives. To achieve this mission, the Foundation provides funding to support missionaries working in Uganda and invests in infrastructure projects. These projects include the construction and support of schools, orphanages, and hospitals within Uganda. The Foundation has demonstrated its commitment by making substantial grants to Antioch Ministries International in Uganda, amounting to $770,301. By investing in the restoration of Uganda and supporting its vulnerable children, Restoration Development Foundation Inc seeks to make a lasting impact on the lives of those in need.
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Impact
July, 2024
Restoration Development Foundation Inc's impact is clear and compelling - the Foundation is actively working to restore and rebuild Uganda. Their primary focus is on enabling the orphaned children of Uganda to regain their dignity and rebuild their lives. Through funding support to missionaries and infrastructure projects in Uganda, such as schools, orphanages, and hospitals, the Foundation is directly contributing to the improvement of living conditions and opportunities for the people of Uganda. Making significant grants to organizations like Antioch Ministries International shows a commitment to making a tangible difference in the community. By dedicating efforts to philanthropy and the restoration of Uganda, the Foundation is creating lasting impact and positive change in the region.
This information is meant to be a general summary of Restoration Development Foundation 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: $1,171
- Gross Receipts: $1,250,630
Assets and Liabilities:
- Total Assets: $1,802,144
- Total Liabilities: $0
- Net Assets: $1,802,144
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Organization Details
Founding Year
2007
Phone
(254) 752-0583Principal Officer
Scott Salmans
Main Address
4300 W Waco Dr, Waco, TX, 76710
NTEE Category
Code: T02 - Philanthropy
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