Restoring the Soul Inc

EIN: 421560993 501(c)(3) Religion

Lakewood, CO

Total Revenue
$1,428,981
Total Expenses
$1,461,272
Total Assets
$320,330
Net Assets
$300,703
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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
CO
Phone
3039329777
Tax Period
2024-01-01 to 2024-12-31

Restoring the Soul Inc, founded in 2002, is a community nonprofit in the Religion sector that reported $1.4M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

The organization is a Christian ministry whose purpose is to serve local churches through the "care of souls" using the main avenues of pastoral counseling, mentoring, teaching and training, and developing written curriculum which will lead others to emotional healing and wholeness.1. The organization will provide Intensives to allow for couples and individuals to come to Denver, Colorado, and receive intensive daily spiritual care. During these times, individuals receive teaching, counseling, prayer, and spiritual care to be renewed, restored, and revived. The following intensives are offered: A. Spiritual Direction Intensives - One Week (15-20 hours) Retreat/educational experience designed to provide spiritual care for Christian leaders. This program emphasizes prevention, wellness, and spiritual renewal through prayer, meditation, devotional reading and instruction, and spiritual direction. B. Soul Care Intensives - Two Weeks (30-35 hours) This time is problem-focused and emphasizes

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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 (2024)

Revenue Breakdown

Contributions & Grants $367,143
Program Service Revenue $1,058,803
Investment Income $3,035
Other Revenue $0
TOTAL REVENUE $1,428,981

Expense Breakdown

Grants Paid $0
Salaries & Benefits $792,087
Fundraising Expenses $73,061
Program Expenses $1,169,018
Other Expenses $669,185
TOTAL EXPENSES $1,461,272

Year-over-Year Comparison

2024 2023 Change
Revenue $1,428,981 $1,528,872 -0.1%
Expenses $1,461,272 $1,511,965 0.0%
Net Income $-32,291 $16,907 -2.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
5
Employees
10
Volunteers
15

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
4
$299,905
Total Directors
7
$299,905
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Cusick President 40.00
Officer Director
$67,041 $111,682 $178,723
Julianne Cusick Secretary 40.00
Officer Director
$81,500 $39,682 $121,182
Peter Zaremba Director 0.00
Director
$0 $0 $0
Clint Johnson Director 0.00
Officer Director
$0 $0 $0
David Lowe Treasurer 0.00
Officer Director
$0 $0 $0
Heather Johnson Director 0.00
Director
$0 $0 $0
Jake Smith 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
2025 No data No data No data No data
2024 $1,428,981 $1,461,272 $320,330 $-32,291
2023 $1,528,872 $1,511,965 $365,665 $16,907
2022 $1,638,622 $1,488,395 $519,373 $150,227
2021 $1,157,341 $1,111,929 $376,281 $45,412
2020 $1,021,027 $1,051,065 $315,098 $-30,038
2019 $1,126,981 $1,064,621 $317,607 $62,360
2018 $494,871 $484,093 $51,486 $10,778
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