Restoring The Foundations International Inc
Restoring The Foundations International Inc faces significant financial challenges with declining revenue and assets, consistently spending more than it earns.
EIN: 113721601 · Mount Juliet, TN · NTEE: X20 · Updated: 2026-03-28
Is Restoring The Foundations International Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Restoring The Foundations International Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Restoring The Foundations International Inc
Restoring The Foundations International Inc (EIN: 113721601) is a nonprofit organization based in Mount Juliet, TN, classified under NTEE code X20. The organization reported total revenue of $719K and total assets of $333K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Restoring The Foundations International Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Restoring The Foundations International Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Restoring The Foundations International Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, which is a strong positive for donor trust and efficient use of funds relative to the organization's size and revenue.
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 Restoring The Foundations International Inc's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) in recent years, e.g., 2023 ($578,672 expenses vs. $571,778 revenue).
- Significant decline in total assets from $1,619,894 in 2014 to $87,234 in 2023.
- Substantial decrease in revenue from a peak of $1,373,195 in 2014 to $571,778 in 2023.
- Liabilities exceeding assets in the most recent filing (2023: $103,579 liabilities vs. $87,234 assets), indicating a negative net position.
Strengths
The following positive indicators were identified for Restoring The Foundations International Inc:
- Excellent transparency and efficiency regarding executive compensation, with 0% reported for officers across all filings.
- Long filing history (13 filings) indicates consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Restoring The Foundations International Inc
Is Restoring The Foundations International Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Restoring The Foundations International Inc (EIN: 113721601) some concerns. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.
How does Restoring The Foundations International Inc spend its money?
Restoring The Foundations International Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Restoring The Foundations International Inc tax-deductible?
Restoring The Foundations International Inc is registered as a tax-exempt nonprofit (EIN: 113721601). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Restoring The Foundations International Inc a good charity?
The charity demonstrates strong transparency regarding executive compensation (0% reported). However, its financial stability is concerning due to consistent operating deficits and a significant decline in revenue and assets over the past decade, which could impact its long-term effectiveness.
Why are assets declining so rapidly?
Assets have declined from a peak of $1,619,894 in 2014 to $87,234 in 2023. This rapid decline is likely a result of the organization consistently spending more than its revenue, as seen in most recent periods (e.g., $578,672 expenses vs. $571,778 revenue in 2023).
What is the organization's financial outlook?
The financial outlook appears challenging. With consistent operating deficits and a shrinking asset base, the organization faces sustainability issues unless it can reverse the trend of declining revenue and control expenses more effectively.
Filing History
IRS 990 filing history for Restoring The Foundations International Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Restoring The Foundations International Inc's revenue has declined by 33.9%, moving from $864K to $572K. Total assets decreased by 94.2% over the same period, from $1.5M to $87K. Total functional expenses fell by 12.9%, from $664K to $579K. In its most recent filing year (2023), Restoring The Foundations International Inc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $104K in liabilities against $87K in assets (debt-to-asset ratio: 118.7%), resulting in net assets of $-16,345.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $572K | $579K | $87K | $104K | — | — |
| 2022 | $611K | $725K | $115K | $104K | — | View 990 |
| 2021 | $602K | $610K | $159K | $34K | — | View 990 |
| 2020 | $592K | $536K | $176K | $54K | — | View 990 |
| 2019 | $990K | $1.1M | $143K | $21K | — | View 990 |
| 2018 | $1.0M | $1.1M | $1.4M | $862K | — | View 990 |
| 2017 | $1.2M | $1.3M | $1.5M | $801K | — | View 990 |
| 2016 | $1.2M | $1.2M | $1.5M | $827K | — | View 990 |
| 2014 | $1.4M | $1.1M | $1.6M | $1.0M | — | View 990 |
| 2013 | $1.0M | $977K | $1.4M | $1.1M | — | View 990 |
| 2012 | $831K | $840K | $1.4M | $1.1M | — | View 990 |
| 2011 | $946K | $948K | $1.4M | $1.1M | — | View 990 |
| 2010 | $864K | $664K | $1.5M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $572K, expenses of $579K, and assets of $87K (revenue -6.4% year-over-year).
- 2022: Revenue of $611K, expenses of $725K, and assets of $115K (revenue +1.5% year-over-year).
- 2021: Revenue of $602K, expenses of $610K, and assets of $159K (revenue +1.8% year-over-year).
- 2020: Revenue of $592K, expenses of $536K, and assets of $176K (revenue -40.2% year-over-year).
- 2019: Revenue of $990K, expenses of $1.1M, and assets of $143K (revenue -3.3% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.1M, and assets of $1.4M (revenue -17.2% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.3M, and assets of $1.5M (revenue +4.7% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $1.5M (revenue -14.0% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.1M, and assets of $1.6M (revenue +36.1% year-over-year).
- 2013: Revenue of $1.0M, expenses of $977K, and assets of $1.4M (revenue +21.4% year-over-year).
- 2012: Revenue of $831K, expenses of $840K, and assets of $1.4M (revenue -12.1% year-over-year).
- 2011: Revenue of $946K, expenses of $948K, and assets of $1.4M (revenue +9.4% year-over-year).
- 2010: Revenue of $864K, expenses of $664K, and assets of $1.5M.
Data Sources and Methodology
This transparency report for Restoring The Foundations International 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.