Restoration Ministries Inc

Nonprofit profile at a glance

EIN
384072592
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-N 2020
Location
Loveland, CO, USA
Phone
9706632366
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$23,701
Expenses
$162,634
Assets
$1,531,748
Liabilities
$0

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

Leadership & pay

4 people listed

Highest reported compensation

  • Harriette Osborn (Pres/treasurer): $38,160 total reported compensation

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

Overview

Mission

Restoration Ministries is an independent ministry founded on the teachings of Jesus Christ. Our focus is to do God's will, His way, in daily portions. We are dedicated to helping others pursue a deeper relationship with God so they might see not only Who God is, but to see themselves through God's eyes. We are helping to prepare the Bride of Christ to restore God's creation - people, places and things through prayer.We are called to love others. Part of loving is through meeting the materialneeds of others as God highlights and directs.

What it reported doing in 2024

Trained a group of missionaries in Argentina in how to effectively pray for people. Prayed for numerous people in both Argentina and the USA. Ministered regularly at a home for survivors of sex trafficking; praying for both staff and residents. Provided benevolence funders for ministry members to reach out to people in need in their communities. Provided benevolence funds for a family whose home was severely damaged by a hurricane, for a vehicle for a missionary family, for a team of missionaries ministering to people in need throughout the USA and for a 501(c)3 ministry. We also held weekly Bible studies, Covered travel expenses for training for volunteers.

Operating model

Revenue model
Investment-supported. 92% of the money available for current operations came from recurring investment income.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 90
  • Accountability: 74
  • Sustainability: 31
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 85%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -586.2%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 9.42; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 23.5%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: -26.1% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: 30.4% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: -5.3% per year; rating input score 0; 20th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 85% of spending went to programs
  • Governance: 4 of 4 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $138K in reported program spending
  • Leadership: top reported pay $38K · 4 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • 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 — Accountability: Governance controls: 4 of 7 not reported.
  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.