Restore Life Incorporated
EIN: 264394379 · Atlanta, GA · NTEE: J22
| Metric | Value |
|---|---|
| Total Revenue | $724K |
| Total Expenses | $700K |
| Net Assets | $60K |
Is Restore Life Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Restore Life Incorporated
Restore Life Incorporated (EIN: 264394379) is a nonprofit organization based in Atlanta, GA, classified under NTEE code J22. The organization reported total revenue of $724K and total assets of $159K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Restore Life Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Restore Life Incorporated is a small nonprofit that has been operating for 15 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 40.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $707K |
| Total Expenses | $700K |
| Surplus / Deficit | +$7K |
| Total Assets | $60K |
| Net Assets | $60K |
| Operating Margin | 1.0% |
| Months of Reserves | 1.0 months |
Financial Health Grade: A
In 2023, Restore Life Incorporated reported a surplus of $7K with revenue exceeding expenses, holds 1.0 months of operating reserves (limited).
Financial Trends
Over 8 years of filings (2016–2023), Restore Life Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 40.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.6% | -13.0% | -0.9% |
| 2022 | +68.0% | +67.2% | +22.1% |
| 2021 | +6.5% | -0.6% | -32.6% |
| 2020 | -1.7% | +15.2% | -12.6% |
| 2019 | +54.2% | +54.2% | +104.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Restore Life Incorporated 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 Restore Life Incorporated 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
Frequently Asked Questions about Restore Life Incorporated
Is Restore Life Incorporated a legitimate charity?
Restore Life Incorporated (EIN: 264394379) is a registered tax-exempt nonprofit based in Georgia. It has 8 years of IRS 990 filings on record. Total revenue: $724K. No red flags identified. Financial health grade: A.
How does Restore Life Incorporated spend its money?
Restore Life Incorporated reported $724K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Restore Life Incorporated tax-deductible?
Restore Life Incorporated is registered as a tax-exempt nonprofit (EIN: 264394379). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Restore Life Incorporated located?
Restore Life Incorporated is headquartered in Atlanta, Georgia and files with the IRS under EIN 264394379. It is classified under NTEE code J22.
How many years of IRS 990 filings does Restore Life Incorporated have?
Restore Life Incorporated has 8 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 $724K in total revenue.
Filing History
IRS 990 filing history for Restore Life Incorporated showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Restore Life Incorporated's revenue has grown by 967.4%, moving from $66K to $707K. Total assets increased by 397.4% over the same period, from $12K to $60K. Total functional expenses rose by 1150.8%, from $56K to $700K. In its most recent filing year (2023), Restore Life Incorporated reported a surplus of $7K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $707K | $700K | $60K | $0 | — | — |
| 2022 | $808K | $804K | $61K | $7K | — | View 990 |
| 2021 | $481K | $481K | $50K | $1K | — | View 990 |
| 2020 | $452K | $484K | $74K | $24K | — | View 990 |
| 2019 | $460K | $420K | $84K | $3K | — | View 990 |
| 2018 | $298K | $272K | $41K | $7K | — | View 990 |
| 2017 | $283K | $285K | $12K | $4K | — | View 990 |
| 2016 | $66K | $56K | $12K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $707K, expenses of $700K, and assets of $60K (revenue -12.6% year-over-year).
- 2022: Revenue of $808K, expenses of $804K, and assets of $61K (revenue +68.0% year-over-year).
- 2021: Revenue of $481K, expenses of $481K, and assets of $50K (revenue +6.5% year-over-year).
- 2020: Revenue of $452K, expenses of $484K, and assets of $74K (revenue -1.7% year-over-year).
- 2019: Revenue of $460K, expenses of $420K, and assets of $84K (revenue +54.2% year-over-year).
- 2018: Revenue of $298K, expenses of $272K, and assets of $41K (revenue +5.3% year-over-year).
- 2017: Revenue of $283K, expenses of $285K, and assets of $12K (revenue +327.3% year-over-year).
- 2016: Revenue of $66K, expenses of $56K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Restore Life Incorporated:
Data Sources and Methodology
This transparency report for Restore Life Incorporated 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.