Restoration Ministries Inc

Nonprofit profile at a glance

EIN
363552070
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Harvey, IL, USA
Phone
7083333370
Rating
88
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$8,953,352
Expenses
$8,749,674
Assets
$4,723,934
Liabilities
$161,620

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • TODD SCHULTZ (CEO & PRESIDENT)
  • DANIEL PENDER (PRESIDENT)

Highest reported compensation

  • TODD SCHULTZ (CEO & PRESIDENT): $255,403 total reported compensation
  • KAREN VRDOLYAK (DIRECTOR OF DEVELOPMENT): $132,296 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To impact lives in a way that will restore hope to people and bring lasting change to the community. We provide life-changing opportunities to men and women with histories of addiction and at-risk, underserved youth, and families struggling in poverty.

What it reported doing in 2024

Youth programs - in 2024, more than 750 at-risk, underserved and disadvantaged children and teens participated in a project intercept program or activity. These programs include homework help & tutoring, harvey boxing club, sullivan arts education center, summer academic enrichment day camp, and kids cafe, after-school meal program and summer meals. Programs meet monday - friday. These programs help youth improve academically, increase their reading and math skills, identify and develop their talents and avoid destructive behaviors.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 64% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 87
  • Accountability: 95
  • Sustainability: 41
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.3%; rating input score 90
  • Program expense ratio: 94.9%; rating input score 95
  • Fundraising efficiency: $94.19 raised per $1 spent on fundraising; rating input score 86; 86th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.9%; rating input score 100; 42nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 91.7%; rating input score 92; 22nd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.3%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 0.54; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 4.4%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: 22.1% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: 20.4% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: -3% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 90.3% of revenue deployed · 94.9% of spending went to programs
  • Governance: 11 of 12 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $8.3M in reported program spending
  • Leadership: top reported pay $255K · 13 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Sustainability: Operating margin scored 42/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.