Restorix Foundation

Nonprofit profile at a glance

EIN
272785645
IRS 990-EZ coverage
2010–2011
Forms available
Form 990-EZ 2011
Location
Bellevue, WA, USA
Phone
4256883760
Rating confidence
Limited
Sector
Single Organization Support

Official website

Reported finances

Revenue
$11,245
Expenses
$1,289
Assets
$10,728

Source: IRS Form 990-EZ. Selected filing: tax year 2011. Amounts in USD.

Leadership & pay

8 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The restorix foundation enhances the quality of life for present and future generations by advancing hyperbaric oxygen medical practices and technology through research, education and community care. The foundation partners with the restorix research institute medical team and other organizations on innovative investigative opportunities involoving hyperbaric medicine and adjunctive therapies, expands awareness of these minimally invasive techniques in the medical community and general public, and provides philanthropic funds for the care of patients in need.

What it reported doing in 2011

Charitable contributions to the foundation will fund hyperbaric research into areas that may include, but are not limited by, the following: - wound care and healing - traumatic brain injuries (tbi) - concussive sports injuries - acute and chronic stroke - autistic spectrum disorder (asd) - spinal injury - cancer therapies - cerebral palsy

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 73
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 88.5%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 8.32; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: 181.3% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 182.6% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2010 to 2011
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.