Project Restore Minnesota
Nonprofit profile at a glance
- EIN
- 852185349
- IRS 990-EZ coverage
- 2020–2022
- Forms available
- Form 990-EZ 2022
- Location
- Saint Paul, MN, USA
- Phone
- 6517343163
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $153,540
- Expenses
- $140,905
- Assets
- $12,633
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
1 person listed
People named in this filing
- OLIVIA HANNINEN (ADMINISTRATIVE ASSISTANT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Project restore Minnesota provides professional and personal development, mentorship, and wrap around support service to ados and system impacted youths along with other young adult in the twin cities. Additionally, project restore Minnesota connects local youths with jobs and opportunities, culturally relevant education and pathways to engage in the local economy. Our organization relies heavily on grants, contracts and donations from foundations and individuals to provide our services to our clients.
What it reported doing in 2022
Project restore achieved significant milestones in empowering youth and young adults through a comprehensive array of skill development opportunities at the saint paul pride festival. Through our financial literacy sessions participants gained essential knowledge and practical insights into managing their finances fostering financial independence and security. Our innovative food truck experience not only provided hands-on culinary training but also instilled a sense of entrepreneurship equipping participants with the skills to navigate the culinary industry. The event planning component allowed participants to conceptualize organize and execute various aspects of the pride festival honing their project management and collaboration skills while contributing to the festival s success. These skill sets were showcased and put into action at the 2023 saint paul pride festival [:#wre#:] participants curated outstanding performances and entertainment enhancing the overall festival exper
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 34
- Transparency & Controls: 82
- Sustainability: 30
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 32.6%; rating input score 33
- Program expense ratio: 35.5%; rating input score 35
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 8.2%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 0.09; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 27.7%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: 16.7% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 50.3% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 21.9% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 32.6% of revenue deployed · 35.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $50K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 5 of 6 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2020 to 2022
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 33/100.
- Moderate — Financial Efficiency: Program expense ratio scored 35/100.
- Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- Review — Sustainability: Operating margin scored 54/100.
- High — Sustainability: Officer compensation ratio scored 13/100.