RESTORATION MINISTRIES INC (EIN 363552070) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

DAN PENDER

Phone

7083333370

Tax Period

2023-01-01 to 2023-12-31

RESTORATION MINISTRIES INC, founded in 1988, is a community nonprofit that reported $8.5M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

TO RESTORE HOPE TO PEOPLE WHILE BRINGING LASTING CHANGE TO THE COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,779,438

Program Service Revenue $50,909

Investment Income $160

Other Revenue $-307,825

TOTAL REVENUE $8,522,682

Expense Breakdown

Grants Paid $5,489,175

Salaries & Benefits $2,179,921

Fundraising Expenses $103,283

Program Expenses $8,191,574

Other Expenses $1,040,056

TOTAL EXPENSES $8,709,152

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,522,682	$7,211,187	+0.2%
Expenses	$8,709,152	$7,560,976	+0.2%
Net Income	$-186,470	$-349,789	-0.5%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

900

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$254,063

Total Directors

$254,063

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TODD SCHULTZ	CEO & PRESIDENT	40.00	Officer Director	$245,437	$8,626	$254,063
RON COLOSIMO	CHAIRMAN	1.00	Officer Director	$0	$0	$0
DANIEL PENDER	PRESIDENT	1.00	Officer Director	$0	$0	$0
CLAIRE JOHNSON	SECRETARY	1.00	Officer Director	$0	$0	$0
JAMES OBERMAN	TREASURER	1.00	Officer Director	$0	$0	$0
RENEE ARNOLD	DIRECTOR	1.00	Director	$0	$0	$0
RAY BANKS	DIRECTOR	4.00	Director	$0	$0	$0
RYAN HALLETT	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN KAMSTRA	DIRECTOR	4.00	Director	$0	$0	$0
PAT MAHON	DIRECTOR	1.00	Director	$0	$0	$0
PAUL OZINGA	DIRECTOR	1.00	Director	$0	$0	$0
SHANNON SULLIVAN	DIRECTOR	1.00	Director	$0	$0	$0
KAREN VRDOLYAK	DIRECTOR OF DEVELOPMENT	40.00	Highest	$124,000	$350	$124,350

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$8,522,682	$8,709,152	$4,633,415	$-186,470
2022	$7,211,187	$7,560,976	$4,782,792	$-349,789
2021	$4,978,961	$5,337,140	$5,151,595	$-358,179
2020	$2,808,702	$2,976,495	$5,524,146	$-167,793
2019	$2,801,834	$2,903,930	$5,491,645	$-102,096
2018	$2,377,663	$2,483,098	$5,594,384	$-105,435

RESTORATION MINISTRIES INC