Restored Inc
EIN: 872340624 · Roselawn, IN
| Metric | Value |
|---|---|
| Total Revenue | $842K |
| Total Expenses | $486K |
| Net Assets | $437K |
Is Restored Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Restored Inc
Restored Inc (EIN: 872340624) is a nonprofit organization based in Roselawn, IN. The organization reported total revenue of $842K and total assets of $485K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Restored Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Restored Inc is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 342.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $716K |
| Total Expenses | $486K |
| Surplus / Deficit | +$230K |
| Total Assets | $446K |
| Total Liabilities | $8K |
| Net Assets | $437K |
| Operating Margin | 32.1% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 11.0 months |
Financial Health Grade: A
In 2023, Restored Inc reported a surplus of $230K with revenue exceeding expenses, holds 11.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Restored Inc's revenue has grown at a compound annual growth rate (CAGR) of 342.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +64.0% | +92.1% | +118.6% |
| 2022 | +1093.5% | +989.0% | +1426.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Restored Inc 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 Restored Inc 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 $230K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Frequently Asked Questions about Restored Inc
Is Restored Inc a legitimate charity?
Restored Inc (EIN: 872340624) is a registered tax-exempt nonprofit based in Indiana. It has 3 years of IRS 990 filings on record. Total revenue: $842K. No red flags identified. Financial health grade: A.
How does Restored Inc spend its money?
Restored Inc reported $842K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Restored Inc tax-deductible?
Restored Inc is registered as a tax-exempt nonprofit (EIN: 872340624). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Restored Inc located?
Restored Inc is headquartered in Roselawn, Indiana and files with the IRS under EIN 872340624.
How many years of IRS 990 filings does Restored Inc have?
Restored Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $842K in total revenue.
Filing History
IRS 990 filing history for Restored Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Restored Inc's revenue has grown by 1856.8%, moving from $37K to $716K. Total assets increased by 3237.8% over the same period, from $13K to $446K. Total functional expenses rose by 1991.8%, from $23K to $486K. In its most recent filing year (2023), Restored Inc reported a surplus of $230K, with revenue exceeding expenses. The organization holds $8K in liabilities against $446K in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $437K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $716K | $486K | $446K | $8K | — | — |
| 2022 | $437K | $253K | $204K | $6K | — | — |
| 2021 | $37K | $23K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $716K, expenses of $486K, and assets of $446K (revenue +64.0% year-over-year).
- 2022: Revenue of $437K, expenses of $253K, and assets of $204K (revenue +1093.5% year-over-year).
- 2021: Revenue of $37K, expenses of $23K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Restored Inc:
Data Sources and Methodology
This transparency report for Restored Inc 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.