Character Restoration Initiative
- Assets
- $116.9k
- Revenue
- $50.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Allendale, SC
- Founding
- 01/2016
- Data as of
- 12/2022
- EIN
- 47-5276409
Organization Overview
Character Restoration Initiative is located in Allendale, SC. The organization was established in 2016. According to its NTEE Classification (I43) the organization is classified as: Inmate Support, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Character Restoration Initiative 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 12/2022, Character Restoration Initiative generated $50.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $83.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CHARACTER RESTORATION INITIATIVE IS TO REDUCE RECIDIVISM USING PROGRAMS THAT PROVIDE REHABILITATION THROUGH ADDICTION RECOVERY, EDUCATIONAL, AND SPIRITUAL OPPORTUNITIES, AND VOCATIONAL TRAINING. BY TAKING THE HOLISTIC APPROACH, OUR ORGANIZATION WILL RETURN TRANSFORMED MEN TO THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE CHARACTER RESTORIATION INITIATIVE IS TO REDUCE RECIDIVISM USING PROGRAMS THAT PROVIDE REHABILITATION THROGUH ADDICTION RECOVERY, EDUCATIONAL AND SPIRITUAL OPPORTUNITIES, AND VOCATIONAL TRAINING. BY TAKING THE HOLISTIC APPROACH, OUR ORGANIZATION WILL RETURN TRANSFORMED MEN TO THEIR COMMUNITIES.
CHARACTER RESTORATION INITIATIVE MAKES CHARITABLE DONATIONS TO OTHER TAX EXEMPT ENTITIES THAT DEAL WITH MEN AND WOMEN WHO ARE RELEASED FROM PRISON AND HELP THEM ADAPT. THESE OTHER ENTITIES ALSO PROVIDE SOME PRE-RELASE SERVICES AND ALLOW THEM TO SELECT CANDIDATES FOR THEIR HOUSING FACILITIES WHEN THEY ARE LET OUT. THESE OTHER ENTITIES ARE LISTED ON SCH I OF THE RETURN. THE MONEY IS GIVEN AS AN UNRESTRICTED CHARITABLE DONATION AND NOT A GRANT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacey Atkinson Board Member | Trustee | 1 | $0 |
Tom Conner Board Member | Trustee | 1 | $0 |
Mark Epps Board Member | Trustee | 1 | $0 |
Kent James Vice Chairpe | OfficerTrustee | 1 | $0 |
William Langdon Board Member | Trustee | 1 | $0 |
Lottie Lewis Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $8,100 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $41,403 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,503 |
| Total Program Service Revenue | $0 |
| Investment income | $194 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $50,027 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $46,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $737 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $396 |
| Insurance | $698 |
| All other expenses | $0 |
| Total functional expenses | $83,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,095 |
| Savings and temporary cash investments | $50,520 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $14,247 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $116,862 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $116,862 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $116,862 |
Grants Awarded
Over the last fiscal year, Character Restoration Initiative has awarded $44,100 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
JUMP START PURPOSE: SUPPORT INDIVIDUALS | $10,000 |
SHIELD MINISTRIES PURPOSE: SUPPORT INDIVIDUALS | $19,100 |
ROOT AND REBOUND PURPOSE: SUPPORT INDIVIDUALS | $15,000 |