Is Restoring The Foundations International Inc Legit?

Restoring The Foundations International Inc has experienced a notable decline in revenue and assets over the past decade. Revenue peaked at $1,373,195 in 2014 and has since fallen to $571,778 in 2023, representing a decrease of approximately 58%. Similarly, assets have significantly decreased from $1,619,894 in 2014 to $87,234 in 2023. The organization has consistently operated with expenses exceeding revenue in recent years, leading to a negative net position, as evidenced by liabilities exceeding assets in 2023 ($103,579 liabilities vs. $87,234 assets). The organization's financial health appears to be in a precarious state, with a consistent trend of spending more than it earns and a shrinking asset base. While the provided data does not detail specific spending categories, the consistent operating deficits suggest potential challenges in maintaining long-term financial stability. The absence of reported officer compensation across all filings indicates a commitment to minimizing administrative overhead in this specific area, which is a positive sign for donor confidence regarding executive pay. Transparency regarding executive compensation is excellent, with 0% reported for officer compensation across all available filings. However, the overall financial trend of declining revenue and assets, coupled with consistent operating deficits, raises concerns about the organization's sustainability and its ability to effectively deliver on its mission in the long term. Further detailed financial statements would be necessary to fully assess spending efficiency across programs, administration, and fundraising.