Overview

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Est.

2016

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

RESTORE HOPE INC is a nonprofit organization dedicated to advancing community-based solutions that mitigate the effects of incarceration on adults and the impact of foster care on children. With an operating budget of $5.4 million and total revenue of $7.2 million for the 2024 filing year, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.restorehopear.org.

Mission Statement

TO ADVANCE COMMUNITY-BASED SOLUTIONS THAT REDUCE THE EFFECTS OF INCARCERATION OF ADULTS AND THE IMPACT OF FOSTER CARE ON CHILDREN.
Revenues
$7.2M
Expenses
$7.1M
Net Income:
+$158K
Assets
$2.1M
Liabilities
$406.2K
Net Assets:
+$1.7M
Operating Budget
$5.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$488.2K
Largest grant received
$520.5K
P
Paul Chapman
Board Member
W
William Dillard Iii
Board Member
T
Ted Dickey
Board Member

Frequently Asked Questions

What is RESTORE HOPE INC’s budget?
In 2024, RESTORE HOPE INC reported an annual operating budget of around $5.4 million. More detailed financial information is available to registered users.
What causes does RESTORE HOPE INC support?
RESTORE HOPE INC supports work in Personal services and Corrections and penology.
Where does RESTORE HOPE INC operate?
RESTORE HOPE INC is headquartered in Little Rock, AR.
Who funded RESTORE HOPE INC recently?
In 2024, RESTORE HOPE INC received grants from ANGEL ARMIES INC, NATL CHRISTIAN CHARITABLE FDN INC, and NATL CHRISTIAN CHARITABLE FDN INC. More information on this organization’s funders is available to registered users.
What is the largest grant RESTORE HOPE INC received in 2024?
The largest grant to RESTORE HOPE INC in 2024 exceeds $521 thousand.
What is RESTORE HOPE INC’s reliance on government grants?
RESTORE HOPE INC relied on government grants for more than 75% of their total revenue in 2024.