Restoring Lives Inc
- Assets
- $6.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ardmore, OK
- Founding
- 03/2015
- Data as of
- 06/2022
- EIN
- 47-1495829
Organization Overview
Restoring Lives Inc is located in Ardmore, OK. The organization was established in 2015. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Restoring Lives Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Restoring Lives Inc generated $31.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $52.7k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FINANCIAL SUPPORT FOR CONTINUED EDUCATION THROUGH SCHOLARSHIP, BACK TO SCHOOL ASSISTANCE, TUTORING AND COMMUNITY MENTAL AND PHYSICAL HEALTH/WELLNESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shenita Jones CEO | 25 | $0 | |
Wanda Wynn Secretary | 5 | $0 | |
Stephanie Coleman Board President | 5 | $0 | |
Lasherrie Wright Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,478 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $505 |
| Other Revenue | $0 |
| Total Revenue | $30,983 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,232 |
| Professional fees and other payments to independent contractors | $1,018 |
| Occupancy, rent, utilities, and maintenance | $5,715 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $37,754 |
| Total expenses | $52,719 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,183 |
| Other assets | $0 |
| Total assets | $6,183 |
| Total liabilities | $0 |
| Net assets or fund balances | $6,183 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Restoring Lives Inc has recieved totaling $36,920.
| Awarding Organization | Amount |
|---|---|
United Way Of South Central Oklahona Inc Ardmore, OK PURPOSE: Operations | $26,900 |
J Lyndall Mccrory Robert Fulton Mccrory & Montie Ray Mccrory Fdn Ardmore, OK PURPOSE: OPERATING EXPENSES | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
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