Restoration Development Foundation Inc

EIN: 680652377 501(c)(3) Philanthropy & Grantmaking

Waco, TX

Total Revenue
$853,334
Total Expenses
$822,699
Total Assets
$1,833,939
Net Assets
$1,833,939
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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
2007
Legal Domicile
TX
Principal Officer
Scott Salmans
Phone
2547520583
Tax Period
2023-01-01 to 2023-12-31

Restoration Development Foundation Inc, founded in 2007, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $853K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $823K left a modest 4% surplus.

Mission

Restore & rebuild Uganda The Foundations primary focus is the restoration of Uganda and primarily to enable the orphaned children of Uganda to regain their dignity and rebuild their

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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 (2023)

Revenue Breakdown

Contributions & Grants $838,571
Program Service Revenue $1,250
Investment Income $9,352
Other Revenue $4,161
TOTAL REVENUE $853,334

Expense Breakdown

Grants Paid $425,546
Salaries & Benefits $173,003
Fundraising Expenses $56,307
Program Expenses $425,546
Other Expenses $224,150
TOTAL EXPENSES $822,699

Year-over-Year Comparison

2023 2022 Change
Revenue $853,334 $1,250,630 -0.3%
Expenses $822,699 $937,461 -0.1%
Net Income $30,635 $313,169 -0.9%
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
3
Independent Members
3
Employees
3
Volunteers
4

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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Steven Raley Director 1.00
Officer Director
$0 $0 $0
Kay Tuel Director 1.00
Director
$0 $0 $0
Todd Strader Director 1.00
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
2024 No data No data No data No data
2023 $853,334 $822,699 $1,833,939 $30,635
2022 $1,250,630 $937,461 $1,802,144 $313,169
2021 $956,623 $1,098,567 $1,483,165 $-141,944
2020 $1,735,451 $1,173,681 $1,625,110 $561,770
2019 $1,012,664 $1,180,497 $1,030,606 $-167,833
2018 $1,585,063 $1,220,341 $1,201,848 $364,722
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