RESTORATION OF HEARTS MINISTRY

EIN: 421544046 501(c)(3) Religion

VANCOUVER, WA

Total Revenue
$630,851
Total Expenses
$672,743
Total Assets
$98,594
Net Assets
$98,594
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
OR
Principal Officer
ALEXANDER PETROV
Phone
5035930784
Tax Period
2025-01-01 to 2025-12-31

RESTORATION OF HEARTS MINISTRY, founded in 2002, is a small nonprofit in the Religion sector that reported $631K in total revenue in fiscal year 2025. Revenue decreased 18% compared to the prior year.

Mission

CHARITABLE, RELIGIOUS AND TRAINING PURPOSES, THROUGH MEANS OF GOSPEL CAMPAIGNS, FOREIGN MISSIONS EVENTS, PLANTING CHURCHES, OPENING SCHOOLS AND ORPHANAGES IN THIRD WORLD COUNTRIES, SUPPORTING MISSIONARIES AID TO POOR, A

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $630,851
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $630,851

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $672,743
Other Expenses $672,743
TOTAL EXPENSES $672,743

Year-over-Year Comparison

2025 2024 Change
Revenue $630,851 $770,610 -0.2%
Expenses $672,743 $788,348 -0.1%
Net Income $-41,892 $-17,738 +1.4%
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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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
110

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VIKTOR KOROTEYEV DIRECTOR 040.00
Director
$0 $0 $0
ALEXANDER PETROV ADMINISTRATOR 005.00
Director
$0 $0 $0
JULIE PETRIV SECRETARY 010.00
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
2025 $630,851 $672,743 $98,594 $-41,892
2024 $770,610 $788,348 $140,486 $-17,738
2023 $786,489 $739,486 $104,951 $47,003
2022 $872,182 $901,758 $57,948 $-29,576
2021 $829,057 $839,657 $87,524 $-10,600
2020 $402,114 $390,991 $98,124 $11,123
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