Restoration House Of East Tennessee
Restoration House Of East Tennessee maintains strong assets and no reported officer compensation despite a recent operating deficit.
EIN: 205775672 · Knoxville, TN · NTEE: P42 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.1M |
| Program Spending | 90% |
| Net Assets | $4.5M |
| Transparency Score | 92/100 |
Is Restoration House Of East Tennessee Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Restoration House Of East Tennessee directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Restoration House Of East Tennessee
Restoration House Of East Tennessee (EIN: 205775672) is a nonprofit organization based in Knoxville, TN, classified under NTEE code P42. The organization reported total revenue of $1.3M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Restoration House Of East Tennessee's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Restoration House Of East Tennessee is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $939K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-190,316 |
| Total Assets | $5.4M |
| Total Liabilities | $895K |
| Net Assets | $4.5M |
| Operating Margin | -20.3% |
| Debt-to-Asset Ratio | 16.6% |
| Months of Reserves | 57.4 months |
Financial Health Grade: B
In 2023, Restoration House Of East Tennessee reported a deficit of $190K with expenses exceeding revenue, holds 57.4 months of operating reserves (strong position), has a debt-to-asset ratio of 16.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Restoration House Of East Tennessee's revenue has grown at a compound annual growth rate (CAGR) of 9.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.9% | -1.1% | -13.7% |
| 2022 | +23.3% | +10.9% | +4.9% |
| 2021 | +31.2% | +1.7% | -14.2% |
| 2020 | -14.4% | +15.7% | +12.4% |
| 2019 | -23.0% | +20.7% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Restoration House Of East Tennessee with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Restoration House Of East Tennessee allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $190K, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.6%.
Executive Compensation Analysis
Restoration House Of East Tennessee reports 0% officer compensation across all available filings, indicating that no salaries or other compensation were paid to officers, directors, or trustees, which is highly unusual for an organization of its size and suggests a strong volunteer leadership model or that compensation is reported differently.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Restoration House Of East Tennessee's IRS 990 filings:
- Operating deficit in 2023 ($939,297 revenue vs. $1,129,613 expenses)
Strengths
The following positive indicators were identified for Restoration House Of East Tennessee:
- No reported officer compensation across all filings
- Strong asset base ($5,402,593 in 2023) relative to liabilities ($894,689)
- Consistent revenue generation, often exceeding $1 million annually
- Long-term growth in assets over the past decade
Frequently Asked Questions about Restoration House Of East Tennessee
Is Restoration House Of East Tennessee a legitimate charity?
Restoration House Of East Tennessee (EIN: 205775672) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.3M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Restoration House Of East Tennessee spend its money?
Restoration House Of East Tennessee directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Restoration House Of East Tennessee tax-deductible?
Restoration House Of East Tennessee is registered as a tax-exempt nonprofit (EIN: 205775672). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Restoration House Of East Tennessee's spending goes to programs?
Restoration House Of East Tennessee directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Restoration House Of East Tennessee compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Restoration House Of East Tennessee is above average for NTEE category P42 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Restoration House Of East Tennessee located?
Restoration House Of East Tennessee is headquartered in Knoxville, Tennessee and files with the IRS under EIN 205775672. It is classified under NTEE code P42.
How many years of IRS 990 filings does Restoration House Of East Tennessee have?
Restoration House Of East Tennessee has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.3M in total revenue.
Is Restoration House Of East Tennessee a good charity?
Based on the available IRS 990 data, Restoration House Of East Tennessee appears to be a good charity, demonstrating strong financial health with substantial assets, a history of consistent revenue, and notably, no reported officer compensation, suggesting a high dedication to its mission.
How has Restoration House Of East Tennessee's financial health changed over time?
Restoration House Of East Tennessee has shown consistent growth in assets, from $2,552,274 in 2014 to $5,402,593 in 2023. While revenue and expenses fluctuate, the organization generally maintains a healthy balance sheet, though it did experience an operating deficit in 2023 ($939,297 revenue vs. $1,129,613 expenses).
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that its officers, directors, and trustees do not receive salaries or other compensation from the organization, which is a strong indicator of financial efficiency and commitment to its mission.
Filing History
IRS 990 filing history for Restoration House Of East Tennessee showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Restoration House Of East Tennessee's revenue has grown by 188.2%, moving from $326K to $939K. Total assets increased by 2519.7% over the same period, from $206K to $5.4M. Total functional expenses rose by 463.2%, from $201K to $1.1M. In its most recent filing year (2023), Restoration House Of East Tennessee reported a deficit of $190K, with expenses exceeding revenue. The organization holds $895K in liabilities against $5.4M in assets (debt-to-asset ratio: 16.6%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $939K | $1.1M | $5.4M | $895K | — | View 990 |
| 2022 | $1.3M | $1.1M | $6.3M | $1.3M | — | View 990 |
| 2021 | $1.0M | $1.0M | $6.0M | $1.1M | — | View 990 |
| 2020 | $795K | $1.0M | $7.0M | $2.1M | — | — |
| 2019 | $929K | $876K | $6.2M | $1.1M | — | View 990 |
| 2018 | $1.2M | $726K | $6.4M | $1.4M | — | View 990 |
| 2017 | $1.1M | $551K | $5.0M | $498K | — | View 990 |
| 2016 | $1.6M | $537K | $3.9M | $7K | — | View 990 |
| 2015 | $877K | $414K | $3.0M | $77K | — | View 990 |
| 2014 | $624K | $299K | $2.6M | $105K | — | View 990 |
| 2013 | $1.2M | $265K | $2.2M | $46K | — | View 990 |
| 2012 | $799K | $379K | $627K | $0 | — | View 990 |
| 2011 | $326K | $201K | $206K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $939K, expenses of $1.1M, and assets of $5.4M (revenue -26.9% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.1M, and assets of $6.3M (revenue +23.3% year-over-year).
- 2021: Revenue of $1.0M, expenses of $1.0M, and assets of $6.0M (revenue +31.2% year-over-year).
- 2020: Revenue of $795K, expenses of $1.0M, and assets of $7.0M (revenue -14.4% year-over-year).
- 2019: Revenue of $929K, expenses of $876K, and assets of $6.2M (revenue -23.0% year-over-year).
- 2018: Revenue of $1.2M, expenses of $726K, and assets of $6.4M (revenue +7.5% year-over-year).
- 2017: Revenue of $1.1M, expenses of $551K, and assets of $5.0M (revenue -28.4% year-over-year).
- 2016: Revenue of $1.6M, expenses of $537K, and assets of $3.9M (revenue +78.6% year-over-year).
- 2015: Revenue of $877K, expenses of $414K, and assets of $3.0M (revenue +40.6% year-over-year).
- 2014: Revenue of $624K, expenses of $299K, and assets of $2.6M (revenue -46.3% year-over-year).
- 2013: Revenue of $1.2M, expenses of $265K, and assets of $2.2M (revenue +45.2% year-over-year).
- 2012: Revenue of $799K, expenses of $379K, and assets of $627K (revenue +145.3% year-over-year).
- 2011: Revenue of $326K, expenses of $201K, and assets of $206K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Restoration House Of East Tennessee:
Data Sources and Methodology
This transparency report for Restoration House Of East Tennessee is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.