Quick charity verification for Restoration Society Inc (EIN: 161047189)
Verdict: Restoration Society Inc appears trustworthy
92/100Mission Score
$6.3MRevenue
$5.2MAssets
1Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate compensation is reported in other categories or a fully volunteer executive structure, warranting further investigation into their governance model.
Strengths
Strong and consistent revenue growth, increasing from $2.9 million in 2014 to over $10.6 million in 2023.
Significant asset accumulation, growing from $548,309 in 2014 to $6.45 million in 2023, indicating robust financial health.
Low liabilities relative to assets, indicating a strong balance sheet and financial stability.
No reported officer compensation, suggesting a high dedication of resources to programmatic activities or a volunteer-led executive.
Spending Breakdown
How Restoration Society Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Restoration Society Inc
Is Restoration Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Restoration Society Inc (EIN: 161047189) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Restoration Society Inc a good charity to donate to?
Restoration Society Inc has a Mission Score of 92/100. Revenue: $6.3M. Assets: $5.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Restoration Society Inc?
The Employer Identification Number (EIN) for Restoration Society Inc is 161047189. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Restoration Society Inc spend its money?
Restoration Society Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Restoration Society Inc's tax-exempt status?
You can verify Restoration Society Inc's tax-exempt status using EIN 161047189 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Restoration Society Inc. demonstrates a strong and consistent growth trajectory in both revenue and assets over the past decade, indicating robust financial health. Their revenue has grown from $2.9 million in 2014 to over $10.6 million in 2023, with assets increasing significantly from $548,309 to $6.45 million in the same period. This growth suggests effective program delivery and successful fundraising efforts.
The organization appears to be highly efficient in its spending, with expenses consistently below revenue, leading to healthy surpluses that contribute to asset growth. For instance, in 2023, expenses were $7,898,563 against revenues of $10,689,880, resulting in a substantial surplus. The consistent reporting of 0% officer compensation across all filings is a notable aspect of their financial management, suggesting resources are primarily directed towards the organization's mission rather than executive salaries. This practice enhances their transparency and commitment to program spending.
While specific program, administrative, and fundraising spending breakdowns are not explicitly provided in the summary data, the overall financial performance, particularly the consistent surpluses and asset accumulation, points to a well-managed and financially stable organization. The absence of reported officer compensation further reinforces a perception of strong financial stewardship and a focus on mission-driven expenditures.