RESTORE MINISTRIES INC (EIN 521922292) - 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

1994

Legal Domicile

Principal Officer

LINWOOD BAGBY

Phone

9083525522

Tax Period

2023-01-01 to 2023-12-31

RESTORE MINISTRIES INC, founded in 1994, is a small nonprofit in the Religion sector that reported $225K in total revenue in fiscal year 2023.

Mission

CHILDRENS' EDUCATION

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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 $224,778

Program Service Revenue $0

Investment Income $14

Other Revenue $0

TOTAL REVENUE $224,792

Expense Breakdown

Grants Paid $0

Salaries & Benefits $139,090

Fundraising Expenses $12,715

Program Expenses $185,262

Other Expenses $94,995

TOTAL EXPENSES $234,085

Year-over-Year Comparison

	2023	2022	Change
Revenue	$224,792	$209,243	+0.1%
Expenses	$234,085	$251,040	-0.1%
Net Income	$-9,293	$-41,797	-0.8%

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

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

$24,522

Total Directors

$24,522

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINWOOD BAGBY	TRUSTEE	40.00	Officer Director	$24,522	$0	$24,522
THOMAS K BAGBY	TREASURER &	20.00	Officer Director	$0	$0	$0
ANGELA HARGROVE	TRUSTEE & SE	30.00	Officer Director	$0	$0	$0
MARYLOU SPOHR	PRESIDENT	3.00	Officer 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
2023	$224,792	$234,085	$42,506	$-9,293
2022	$209,243	$251,040	$53,327	$-41,797

RESTORE MINISTRIES INC