Restoration House Wnc
EIN: 474539555 · Bryson City, NC · NTEE: E60
Is Restoration House Wnc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Restoration House Wnc
Restoration House Wnc (EIN: 474539555) is a nonprofit organization based in Bryson City, NC, classified under NTEE code E60. The organization reported total revenue of $441K and total assets of $173K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Restoration House Wnc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Restoration House Wnc is a small nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2016–2022). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $125K |
| Total Expenses | $153K |
| Surplus / Deficit | $-27,527 |
| Total Assets | $181K |
| Total Liabilities | $452 |
| Net Assets | $180K |
| Operating Margin | -22.0% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 14.2 months |
Financial Health Grade: B
In 2022, Restoration House Wnc reported a deficit of $28K with expenses exceeding revenue, holds 14.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 7 years of filings (2016–2022), Restoration House Wnc's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -30.8% | +197.8% | -13.1% |
| 2021 | +464.5% | +24.3% | +165.4% |
| 2020 | -19.1% | -8.4% | -10.6% |
| 2019 | -63.0% | +22.5% | -5.8% |
| 2018 | +129.6% | -28.4% | +308.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Restoration House Wnc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Restoration House Wnc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Restoration House Wnc
Is Restoration House Wnc a legitimate charity?
Based on AI analysis of IRS 990 filings, Restoration House Wnc (EIN: 474539555) insufficient data. 0 red flags identified, 0 strengths noted.
How does Restoration House Wnc spend its money?
Detailed spending breakdown data is not yet available for Restoration House Wnc. Check back for updated IRS 990 analysis.
Are donations to Restoration House Wnc tax-deductible?
Restoration House Wnc is registered as a tax-exempt nonprofit (EIN: 474539555). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Restoration House Wnc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2022), Restoration House Wnc's revenue has grown by 62.4%, moving from $77K to $125K. Total assets increased by 558.5% over the same period, from $27K to $181K. Total functional expenses rose by 208.2%, from $49K to $153K. In its most recent filing year (2022), Restoration House Wnc reported a deficit of $28K, with expenses exceeding revenue. The organization holds $452 in liabilities against $181K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $180K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $125K | $153K | $181K | $452 | — | View 990 |
| 2021 | $181K | $51K | $208K | $196 | — | View 990 |
| 2020 | $32K | $41K | $78K | $0 | — | — |
| 2019 | $40K | $45K | $88K | $50 | — | View 990 |
| 2018 | $107K | $37K | $93K | $0 | — | View 990 |
| 2017 | $47K | $51K | $23K | $0 | — | — |
| 2016 | $77K | $49K | $27K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $125K, expenses of $153K, and assets of $181K (revenue -30.8% year-over-year).
- 2021: Revenue of $181K, expenses of $51K, and assets of $208K (revenue +464.5% year-over-year).
- 2020: Revenue of $32K, expenses of $41K, and assets of $78K (revenue -19.1% year-over-year).
- 2019: Revenue of $40K, expenses of $45K, and assets of $88K (revenue -63.0% year-over-year).
- 2018: Revenue of $107K, expenses of $37K, and assets of $93K (revenue +129.6% year-over-year).
- 2017: Revenue of $47K, expenses of $51K, and assets of $23K (revenue -39.5% year-over-year).
- 2016: Revenue of $77K, expenses of $49K, and assets of $27K.
Data Sources and Methodology
This transparency report for Restoration House Wnc 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.