Life Restoration Network

Organization Overview

Life Restoration Network is located in Farmers Branch, TX. The organization was established in 2018. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Restoration Network 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, Life Restoration Network generated $550.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $274.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 5 years. 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

THROUGH OUR UNIQUE BOXING PROGRAM OUR COACHES, MENTORS AND EDUCATORS CONNECT TO OUR CITY'S YOUTH, EMPOWERING OUR STUDENTS TO GREATER HEALTH, FITNESS, AND EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THROUGH OUR UNIQUE BOXING PROGRAM OUR COACHES, MENTORS AND EDUCATORS CONNECT TO OUR CITY'S YOUTH, EMPOWERING OUR STUDENTS TO GREATER HEALTH, FITNESS, AND EDUCATION.


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Board, Officers & Key Employees

Name (title)Compensation
Steven P Bolos
President
$0
Estevan Deleon
Treasurer
$0
Allison Jennings
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$61,900
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$375,979
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$437,879
Total Program Service Revenue$169,334
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 -$57,135
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $550,078

Grants Awarded

Over the last fiscal year, Life Restoration Network has awarded $207,994 in support to 5 organizations.

Grant RecipientAmount

RING OF HOPE

PURPOSE: OPERATIONS

$47,898

BOLOS FOUNDATION

PURPOSE: OPERATIONS

$7,000

RECLAIM611

PURPOSE: OPERATIONS

$10,000

PTSD FOUNDATION DALLAS CHAPTER

PURPOSE: OPERATIONS

$10,000

DALLAS LEADERSHIP FOUNDATION

PURPOSE: OPERATIONS

$133,096
View Grant Profile

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