Restoration Ministries Inc (EIN 384072592) - 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

2018

Legal Domicile

Phone

9706632366

Tax Period

2024-01-01 to 2024-12-31

Restoration Ministries Inc, founded in 2018, is a micro nonprofit in the Religion sector that reported $24K in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $163K exceeded revenue, resulting in a 586% operating deficit.

Mission

Restoration Ministries is an independent ministry founded on the teachings of Jesus Christ. Our focus is to do God's will, His way, in daily portions. We are dedicated to helping others pursue a deeper relationship with God so they might see not only Who God is, but to see themselves through God's eyes. We are helping to prepare the Bride of Christ to restore God's creation - people, places and things through prayer.We are called to love others. Part of loving is through meeting the materialneeds of others as God highlights and directs.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,957

Program Service Revenue $0

Investment Income $21,744

Other Revenue $0

TOTAL REVENUE $23,701

Expense Breakdown

Grants Paid $0

Salaries & Benefits $38,160

Fundraising Expenses $0

Program Expenses $138,241

Other Expenses $124,474

TOTAL EXPENSES $162,634

Year-over-Year Comparison

	2024	2023	Change
Revenue	$23,701	$34,356	-0.3%
Expenses	$162,634	$67,181	+1.4%
Net Income	$-138,933	$-32,825	+3.2%

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

N/A

Volunteers

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

$38,160

Total Directors

$38,160

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Harriette Osborn	Pres/treasurer	24.00	Officer Director	$0	$38,160	$38,160
Kathleen Hopson	Secretary	0.00	Officer Director	$0	$0	$0
David Arns	Director	0.00	Director	$0	$0	$0
Glen Edwards	Director	0.00	Director	$0	$0	$0

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	$23,701	$162,634	$1,531,748	$-138,933
2023	$34,356	$67,181	$1,670,681	$-32,825
2022	$9,906	$245,252	$1,703,507	$-235,346
2021	$1,501,823	$52,153	$1,938,852	$1,449,670

Restoration Ministries Inc