Restoration Development Foundation Inc

Organization Overview

Restoration Development Foundation Inc, operating under the name Restoration Gateway, is located in Waco, TX. The organization was established in 2008. According to its NTEE Classification (T02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Restoration Gateway employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Restoration Gateway 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, Restoration Gateway generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $937.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

RESTORE & REBUILD UGANDA THE FOUNDATION'S PRIMARY FOCUS IS THE RESTORATION OF UGANDA AND PRIMARILY TO ENABLE THE ORPHANED CHILDREN OF UGANDA TO REGAIN THEIR DIGNITY AND REBUILD THEIR

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION CONTINUES TO PROVIDE FUNDING TO SUPPORT MISSIONARIES IN UGANDA AS WELL AS INFRASTRUCTURE PROJECTS IN UGANDA INCLUDING THE CONSTRUCTION OF AND SUPPORT FOR SCHOOLS, ORPHANAGES, AND HOSPITALS. THE FOUNDATION MADE GRANTS TO ANTIOCH MINISTRIES INTERNATIONAL IN UGANDA IN THE AMOUNT OF $770,301


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Board, Officers & Key Employees

Name (title)Compensation
Steve Raley
Director
$0
Nan Stevens
Director
$0
Kay Tuel
Director
$0
Todd Strader
Director
$0
David Mccall
Director
$0
Tom Wright
Director
$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$1,249,459
Noncash contributions included in lines 1a–1f $13,228
Total Revenue from Contributions, Gifts, Grants & Similar$1,249,459
Total Program Service Revenue$0
Investment income $1,171
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 $1,250,630

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