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Restoration Destination Inc

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

EIN: 831554251 ✦ Pahokee, FL ✦ Designated as a 501(c)(3)

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Overview

What is Restoration Destination Inc?

Restoration Destination Inc is a dedicated nonprofit organization, situated in Pahokee, Florida. Their primary mission is to offer affordable housing solutions for the homeless community. Through their programs, they provide low-cost rental options and accept donations, aiming to contribute positively to this vulnerable population's living circumstances.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1-Star out of Four Stars (56%)

Restoration Destination Inc has been rated with a One-Star rating by Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored 56% overall, with notable weaknesses in governance, as there are no independent board members and several missing financial documents that are crucial for transparency. Although the organization does have a whistleblower policy and has documented board meeting minutes, it lacks essential policies like document retention and destruction.

The program expense ratio is relatively strong at 73.02%, which suggests that a significant portion of its expenses is directed towards its programs rather than administrative costs. However, the absence of independent oversight raises questions about governance and decision-making processes. The lack of a publicly accessible website for stakeholders to review financial statements further complicates transparency efforts.

Overall, while Restoration Destination Inc demonstrates some commitment to its mission through program spending, the critical gaps in accountability and governance are concerning. Prospective donors and volunteers should weigh these factors carefully when considering their support for the organization.


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

Is Restoration Destination Inc legitimate?

Restoration Destination Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Restoration Destination 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

For more financial information, click here

What is the mission statement of Restoration Destination Inc?

Restoration Destination Inc is an organization dedicated to providing affordable housing solutions for the homeless community. Their primary mission is to rehabilitate properties and offer them as low-rental housing options. Beyond just providing shelter, they also accept donations to support their cause. This non-profit organization aims to make a tangible difference in the lives of those in need, offering a place to call home. Although the information provided does not detail specific programs or initiatives, it is clear that Restoration Destination Inc is committed to providing a vital service to the homeless population.

Who is the CEO of Restoration Destination Inc?

James Parker is the Principal Officer of Restoration Destination Inc.

What is the revenue of Restoration Destination Inc?

Restoration Destination Inc's revenue in 2022 was $680,298.

Who are the executives of Restoration Destination Inc and what are their salaries?

There are 3 employees and 30 volunteers at Restoration Destination Inc.


There is 1 key member and their salary:


Na (None)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Restoration Destination Inc?

Restoration Destination Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Restoration Destination Inc

Restoration Destination, a housing rehabilitation organization, is dedicated to providing affordable housing solutions for the homeless community. Its mission is to offer low-rent accommodations, serving as a vital refuge for those in need. The organization's activities encompass both rental and donation programs, aiming to provide a stable living environment for its inhabitants. Despite not having specific details about the services or the extent of their support, it is clear that Restoration Destination is committed to alleviating homelessness by offering affordable housing options.

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Impact




July, 2024

Restoration Destination Inc's impact lies in providing low-rent housing for the homeless in Pahokee, FL. Through their housing rehabilitation programs, they offer a tangible solution to homelessness in the community. This organization plays a crucial role in addressing housing insecurity and improving the lives of individuals who are most vulnerable. By offering affordable housing options and support services, Restoration Destination Inc is making a direct and significant difference in the lives of those in need.




This information is meant to be a general summary of Restoration Destination 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
$680,298 (2022)
Expenses
$700,141 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $474,389
  • Gross Receipts: $680,298

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOW RENT HOUSING FOR THE HOMELESS

Revenue

$474,389

Organization Details

Founding Year

2018

Principal Officer

James Parker

Main Address

120 PELICAN LAKE DRIVE, PAHOKEE, FL, 33476

NTEE Category

Code: L99 - Housing

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