Operation Restoration
- Assets
- $7.1m
- Revenue
- $6.0m
- Investments
- $0.0
- Employees
- 24
- Location
- New Orleans, LA
- Founding
- 08/2016
- Data as of
- 12/2022
- EIN
- 61-1791941
Organization Overview
Operation Restoration is located in New Orleans, LA. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Operation Restoration employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Operation Restoration 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, Operation Restoration generated $6.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 34.3% each year . All expenses for the organization totaled $4.7m during the year ending 12/2022. While expenses have increased by 40.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
ASSIST FORMERLY INCARCERATED WOMEN TO REINTEGRATE INTO SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OTHER SMALL PROGRAMS & SUBGRANTS
OPERATION SAFTEY AND FREEDOM PROGRAM SERVICE IS A SERVICE TO CREATE NEW WAYS TO ADDRESS COLLECTIVE LIBERATION AND FREEDOM AND TO PROVIDE COMMUNITY BAIL FUNDS FOR BAIL ASSISTANCE WITH THE MISSION TO END PREDATORY MONEY BAIL AND THUS ASSIST FORMERLY INCARCERATED PEOPLE TO REINTEGRATE INTO SOCIETY. THE PROGRAM PROVIDED FOR REDUCED BARRIERS TO APPEAR IN COURT FOR PEOPLE WITH OPEN CASES, AND POSTED BONDS FOR OVER 169 INDIVIDUALS THAT COULD NOT AFFORD TO PAY FOR THEIR FREEDOM.
OPERATION EDUCATION SERVICES CREATES NEW CAREER PATHWAYS AND REMOVES BARRIERS TO EDUCATION FOR CURRENTLY AND FORMERLY INCARCERATED PEOPLE THROUGH FOUR PROGRAMS. ACCOMPLISHMENTS REDUCED BARRIERS TO EDUCATION FOR CURRENTLY AND FORMERLY INCARCERATED PEOPLE, AND ADAPTED PROGRAMMING TO RESPOND TO THE COVID-19 PANDEMIC THROUGH VIRTUAL INSTRUCTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Syrita Steib President & CEO | OfficerTrustee | 40 | $185,000 |
Sr Marjorie Hebert Director | 1 | $0 | |
Ameca Reali Director | 1 | $0 | |
Topeka Sam Director | 1 | $0 | |
Mamie Gasperecz Director | 1 | $0 | |
Sandra C Jenkins Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,954,792 |
| Noncash contributions included in lines 1a–1f | $94,320 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,954,792 |
| Total Program Service Revenue | $64,728 |
| Investment income | $13,489 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $15,235 |
| 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 | $6,048,805 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,184,215 |
| 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. | $263,624 |
| Compensation of current officers, directors, key employees. | $70,712 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,062,345 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $183,817 |
| Payroll taxes | $90,417 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,400 |
| 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 | $505,676 |
| Advertising and promotion | $60,228 |
| Office expenses | $43,822 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $121,641 |
| Travel | $42,286 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,385 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,320 |
| Insurance | $35,397 |
| All other expenses | $279,468 |
| Total functional expenses | $4,704,624 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,110,603 |
| Savings and temporary cash investments | $0 |
| 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 | $131,073 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $580,560 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $241,979 |
| Total assets | $7,064,215 |
| Accounts payable and accrued expenses | $1,200 |
| 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 | $1,190,410 |
| Total liabilities | $1,191,610 |
| Net assets without donor restrictions | $5,872,605 |
| 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 | $7,064,215 |
Grants Awarded
Over the last fiscal year, Operation Restoration has awarded $1,184,215 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BIRTHMARK DOULA | | | $280,000 |
BLACK GIRLS FILM CAMP | | | $153,750 |
BLOCK BUILDERZ | | | $214,602 |
FIERCE | | | $110,000 |
PHOENIX RISING | | | $115,000 |
PROJECT HUSTLE | | | $70,861 |