Is Restoration Center Inc Legit?

Quick charity verification for Restoration Center Inc (EIN: 10846888)

Verdict: Restoration Center Inc appears trustworthy

85/100Mission Score
$955KRevenue
$168KAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Restoration Center Inc demonstrates a consistent operational history with revenues fluctuating but generally in the range of $600,000 to $900,000 over the past decade. The organization's financial health shows a pattern of operating near break-even, with expenses often closely matching or slightly exceeding revenue in several periods, such as 202310 where expenses were $815,413 against revenues of $798,538. This indicates a tight financial margin. Assets have shown growth, from $9,149 in 201410 to $117,216 in 202310, suggesting some accumulation of reserves, though still modest relative to its annual operating budget. The organization's spending efficiency appears to be focused on its mission, as indicated by the consistent reporting of 0% officer compensation across all available filings. This suggests that a very high proportion of funds are directed towards program services rather than administrative overhead or executive salaries. However, without a detailed breakdown of program vs. administrative vs. fundraising expenses, a precise assessment of spending efficiency is challenging. The lack of reported officer compensation also implies a reliance on volunteer leadership or very modest, non-reportable stipends, which can be a strength in terms of direct program spending but might also raise questions about long-term leadership sustainability. Transparency is generally good given the consistent filing of IRS Form 990s. The absence of reported officer compensation is a notable point for transparency, indicating that the organization is not allocating funds to highly compensated executives. However, the available data does not provide a granular breakdown of functional expenses (program, admin, fundraising), which would further enhance transparency and allow for a more precise evaluation of spending efficiency. The consistent growth in assets, while still relatively low, suggests prudent financial management over time, moving from a position of higher liabilities in earlier years to a more stable asset-to-liability ratio in recent filings.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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