Restoring the Soul Inc

Nonprofit profile at a glance

EIN
421560993
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Lakewood, CO, USA
Phone
3039329777
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Official website

Reported finances

Revenue
$1,325,783
Expenses
$1,367,130
Assets
$271,168
Liabilities
$11,812

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Michael Cusick (President/CEO)

Highest reported compensation

  • Michael Cusick (President/CEO): $178,723 total reported compensation
  • Julianne Cusick (Director): $159,638 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization is a Christian ministry whose purpose is to serve local churches through the "care of souls" using the main avenues of pastoral counseling, mentoring, teaching and training, and developing written curriculum which will lead others to emotional healing and wholeness.1. The organization will provide Intensives to allow for couples and individuals to come to Denver, Colorado, and receive intensive daily spiritual care. During these times, individuals receive teaching, counseling, prayer, and spiritual care to be renewed, restored, and revived. The following intensives are offered: A. Spiritual Direction Intensives - One Week (15-20 hours) Retreat/educational experience designed to provide spiritual care for Christian leaders. This program emphasizes prevention, wellness, and spiritual renewal through prayer, meditation, devotional reading and instruction, and spiritual direction. B. Soul Care Intensives - Two Weeks (30-35 hours) This time is problem-focused and emphasizes

What it reported doing in 2025

Men's Weekend: 60 attendees Essence Circles: 16 monthly participants In 2025, Restoring the Soul, Inc. completed 162 weeks of intensive counseling, serving couples, individuals, and those needing a combination of both. We provided $190,200 in scholarships to support participants in financial need. These scholarships are a vital part of our partnerships with nonprofit organizations whose leaders - pastors, missionaries, and Christian and para-church workers - often carry significant personal trauma as well as burdens from their demanding roles. Our ability to offer this level of support is a meaningful gift to the broader body of Christ. RTS operated with a team of six licensed therapists and 2.5 support staff in 2025Construction on our expanded office space was completed, which allowed us to begingrowing our operations to better serve our clients and partners. Our staff both participated in and taught at several conferences and trainings, mostnotably MHM (Mental Health in Missions) and TAG (The Apprentice Gathering) whereour co-founder Michael Cusick was a plenary speaker as well as a break-out instructor. These events provide valuable opportunities to influence and equip leaders, connect with those who can benefit from our services, and cultivate strategic partnerships. Essence Circles continues to provide women with a safe place to meet and share eachmonth, impacting 16 women and growing. Our Men's Weekend served 60 participantswith support from 45 staff over two retreats - each weekend offering significantopportunities for transformation and healing. The Restoring the Soul podcast reached 236,637 downloads, spanning 205 countriesand 21,800 cities.

Operating model

Revenue model
Earned-program. 70% of the money available for current operations came from fees and other program revenue.
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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 65
  • Accountability: 67
  • Sustainability: 20
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.5%; rating input score 83
  • Program expense ratio: 80%; rating input score 80
  • Fundraising efficiency: $5.72 raised per $1 spent on fundraising; rating input score 19; 19th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 71.4%; rating input score 71; 18th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -3.1%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 0.2; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 45; 45th percentile among comparable filings
  • Officer compensation ratio: 24.7%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 14.6% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 14.2% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 19% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 82.5% of revenue deployed · 80% of spending went to programs
  • Governance: 5 of 7 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.1M in reported program spending
  • Leadership: top reported pay $179K · 7 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 22 of 22 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2010 to 2025
  • 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 19/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 23/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 45/100.