Overview
What is Reto Inc?
Reto Inc, located in Little Rock, Arkansas, is a nonprofit organization dedicated to facilitating the rehabilitation of felons. Approved by the Arkansas Department of Corrections, Reto operates a halfway house that provides a supportive environment for individuals transitioning back into society after serving their sentences. The mission of Reto is centered around offering a structured living arrangement and resources to aid in the successful reintegration of felons, ultimately fostering a positive impact on the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Reto Inc has received a Two-Star out of Four Star rating from Charity Navigator with an overall score of 73%. This rating indicates that while the organization shows some strengths in its accountability and finance practices, there are significant areas needing improvement, particularly in governance and transparency. The organization has a high percentage of independent board members and demonstrates effective management of its assets, which contributes positively to its financial health.
However, Reto Inc is lacking in several critical areas related to governance. The absence of essential policies such as conflict of interest, whistleblower, and document retention policies suggests a need for improved organizational practices. Additionally, the nonprofit's website is not listed on its tax form, and several required documents, including the tax form and board meeting minutes, are missing from public access, which hinders transparency.
Despite these limitations, Reto Inc maintains a strong program expense ratio, indicating that all of its expenses are directed towards its programs. This focus on programmatic spending highlights the organization's commitment to its mission, but it is essential for Reto Inc to address the identified governance issues to enhance its overall effectiveness and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Reto Inc legitimate?
Reto Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reto 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: $0
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What is the mission statement of Reto Inc?
Reto Inc is dedicated to the rehabilitation of felons, with a specific focus on running an Arkansas department of corrections approved halfway house. The mission of Reto Inc is to provide a supportive environment for individuals who have served their sentences, aiming to facilitate their reintegration into society. The Reto halfway house is a vital part of this mission, offering a transitional living space that helps felons adjust to life outside prison.
Who is the CEO of Reto Inc?
Robert Pollnow is the President of Reto Inc.
What is the revenue of Reto Inc?
Reto Inc's revenue in 2022 was $56,910.
Who are the executives of Reto Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Reto Inc?
Reto Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Reto Inc
Reto Inc, a felon rehabilitation program, is dedicated to helping individuals rebuild their lives after serving their sentence. Approved by the Arkansas Department of Corrections, Reto Halfway House serves as a beacon of hope for those seeking a second chance. The mission of Reto Inc is to provide a supportive environment that fosters personal growth, encourages self-sufficiency, and promotes successful reintegration into society. Through its Arkansas department of corrections approved halfway house, Reto offers a comprehensive rehabilitation program aimed at helping individuals transition back into society, setting them on a path towards a more productive and fulfilling future.
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Impact
June, 2024
Reto Inc's impact can be seen in its work as a felon rehabilitation program in Little Rock, Arkansas. By providing a halfway house approved by the Arkansas Department of Corrections, Reto Inc is making a significant contribution to the mental health and overall well-being of individuals seeking to reintegrate into society after incarceration. Its mission to support and rehabilitate felons demonstrates a commitment to reducing recidivism rates and helping individuals successfully transition back into their communities.
This information is meant to be a general summary of Reto 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: $56,910
Assets and Liabilities:
- Total Assets: $559,240
- Total Liabilities: $0
- Net Assets: $559,240
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Organization Details
Founding Year
1994
Principal Officer
Robert Pollnow
Main Address
3301 West Pratt Road, Little Rock, AR, 722065351
NTEE Category
Code: F20 - Mental health
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