RESTORATION FOR ALL INC

EIN: 824860315 501(c)(3) Mental Health

INVER GROVE HEIGHTS, MN

Total Revenue
$625,213
Total Expenses
$731,367
Total Assets
$250,557
Net Assets
$176,178
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
MN
Principal Officer
TOLULOPE OLA
Phone
6123660279
Tax Period
2023-01-01 to 2023-12-31

RESTORATION FOR ALL INC, founded in 2019, is a small nonprofit in the Mental Health sector that reported $625K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $731K exceeded revenue, resulting in a 17% operating deficit.

Mission

TO NURTURE AND EMPOWER INDIVIDUALS, ORGANIZATIONS, AND COMMUNITIES TO DISCOVER, RENEW, AND RESTORE THEIR CULTURAL CONNECTIONS WITH THE IMPROVED CULTURAL WELL-BEING.

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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 $624,213
Program Service Revenue $0
Investment Income $0
Other Revenue $1,000
TOTAL REVENUE $625,213

Expense Breakdown

Grants Paid $0
Salaries & Benefits $201,233
Fundraising Expenses $37,358
Program Expenses $665,602
Other Expenses $530,134
TOTAL EXPENSES $731,367

Year-over-Year Comparison

2023 2022 Change
Revenue $625,213 $720,337 -0.1%
Expenses $731,367 $525,898 +0.4%
Net Income $-106,154 $194,439 -1.5%
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
5
Independent Members
3
Employees
7
Volunteers
10

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
$72,800
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MRS KOLAWOLE BOARD CHAIR 5.00
Officer Director
$0 $0 $0
MS DEBORAH BAMIGBADE CO-CHAIR/SECRETARY 5.00
Officer Director
$0 $0 $0
MS AJIBIKE OJOMO BOARD TREASURER 5.00
Officer Director
$0 $0 $0
MS ROSELINE EGUABOR DIRECTOR 5.00
Director
$0 $0 $0
DR TOLULOPE OLA PRESIDENT/EXECUTIVE DIRECTOR 40.00
Officer
$72,800 $0 $72,800
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 $625,213 $731,367 $250,557 $-106,154
2022 $720,337 $525,898 $330,659 $194,439
2021 $218,462 $205,486 $92,452 $12,976
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