Restoration Charities Inc

EIN: 472195185 501(c)(3) Human Services

Arlington, TX

Total Revenue
$526,781
Total Expenses
$660,802
Total Assets
$257,207
Net Assets
$58,551
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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
2013
Phone
2147080541
Tax Period
2022-01-01 to 2022-12-31

Restoration Charities Inc, founded in 2013, is a small nonprofit in the Human Services sector that reported $527K in total revenue in fiscal year 2022. Revenue decreased 18% compared to the prior year. Expenses of $661K exceeded revenue, resulting in a 25% operating deficit.

Mission

Mission funding and benevolence

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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 (2022)

Revenue Breakdown

Contributions & Grants $124,911
Program Service Revenue $0
Investment Income $0
Other Revenue $401,870
TOTAL REVENUE $526,781

Expense Breakdown

Grants Paid $9,600
Salaries & Benefits $392,323
Fundraising Expenses $0
Program Expenses $9,600
Other Expenses $258,879
TOTAL EXPENSES $660,802

Year-over-Year Comparison

2022 2021 Change
Revenue $526,781 $639,209 -0.2%
Expenses $660,802 $657,341 +0.0%
Net Income $-134,021 $-18,132 +6.4%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
2
Employees
12
Volunteers
8

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
2
$140,863
Total Directors
4
$140,863
Key Employees
1
$116,513
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bruce Carter President 60
Officer Director Key Emp
$116,513 $0 $116,513
Brian Carter Treasurer 10
Officer Director
$24,350 $0 $24,350
Alan Mercaldo Secretary 0
Director
$0 $0 $0
Eric Beal Vice President 0
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
2022 $526,781 $660,802 $257,207 $-134,021
2021 $639,209 $657,341 $349,481 $-18,132
2020 $714,246 $643,860 $320,479 $70,386
2018 $732,289 $692,018 $119,806 $40,271
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