Restoration Academy Inc

Organization Overview

Restoration Academy Inc is located in Fairfield, AL. The organization was established in 1997. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Restoration Academy Inc employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Restoration Academy 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 06/2021, Restoration Academy Inc generated $4.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $4.1m during the year ending 06/2021. While expenses have increased by 5.9% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CHRISTIAN INNER-CITY K-12 DAY SCHOOL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SCHOOL ENROLLS INNER-CITY STUDENTS, OFFERS LOW PUPIL/TEACHER RATIOS, 95% OF STUDENTS GRADUATE AND APPROX 50% OF THOSE GO ON TO COLLEGE; THE SCHOOL OFFERS ATHLETICS, DRAMA, ARTS & BIBLE STUDY.


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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$3,368,283
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,368,283
Total Program Service Revenue$803,654
Investment income $0
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 $4,171,937

Grants Recieved

Over the last fiscal year, we have identified 21 grants that Restoration Academy Inc has recieved totaling $1,905,572.

Awarding OrganizationAmount
Scholarships For Kids Inc

Birmingham, AL

PURPOSE: TO PROVIDE ACCESS TO QUALITY EDUCATION

$1,120,654
$513,800
The Community Foundation Of Greater Birmingham

Birmingham, AL

PURPOSE: GENERAL SUPPORT

$70,700
Hill Crest Foundation Inc

Mountain Brook, AL

PURPOSE: SUPPORT

$50,000
Daniel Foundation Of Alabama

Birmingham, AL

PURPOSE: CHARITABLE

$40,000
Sanders Family Foundation

Birmingham, AL

PURPOSE: GENERAL SCHOLARSHIP FUND

$20,000
View Grant Recipient Profile

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