HOPEFUL RESTORATION GROUP INC

EIN: 832836137 501(c)(3) Human Services

Little River, SC

Total Revenue
$522,152
Total Expenses
$139,582
Total Assets
$981,442
Net Assets
$981,442
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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
2018
Legal Domicile
SC
Principal Officer
SHANE ZOCOLE
Phone
8436509096
Tax Period
2024-01-01 to 2024-12-31

HOPEFUL RESTORATION GROUP INC, founded in 2018, is a small nonprofit in the Human Services sector that reported $522K in total revenue in fiscal year 2024. Revenue surged 545% from the prior year, signaling strong growth momentum. The organization ran a surplus of $383K, a strong 73% operating margin.

Mission

SERVE THE COMMUNITY IN TIMES OF DISASTER AND ACUTE CRISIS BY SERVING BASIC FOOD PROVISIONS AND ESSENTIAL HOME ITEMS AND HELPING REBUILD

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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 $522,152
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $522,152

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $139,582
TOTAL EXPENSES $139,582

Year-over-Year Comparison

2024 2023 Change
Revenue $522,152 $80,936 +5.5%
Expenses $139,582 $79,799 +0.7%
Net Income $382,570 $1,137 +335.5%
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
3
Independent Members
N/A
Employees
N/A
Volunteers
30

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHANE ZOCCOLE OWNER 60.00
Officer
$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 $522,152 $139,582 $981,442 $382,570
2023 $80,936 $79,799 $598,872 $1,137
2022 $464,708 $66,690 $597,735 $398,018
2021 $80,613 $43,626 $199,717 $36,987
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