Restore House EIN 26-1689061

Restore House

EIN  26-1689061 Public charity (501(c)(3)) Bemidji, MN
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Helps people overcome drug and alcohol addiction through residential treatment.
Leadership
Mary Greer · Coordinator · $21K
Money in and out
$168K revenue, $186K expenses
Bottom line
65% program efficiency

Helps people overcome drug and alcohol addiction through residential treatment. For fiscal year 2024 it reported $168K in revenue, $186K in expenses, and $293K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$168K
Pt VIII · Ln 12
Total expenses
$186K
Pt IX · Ln 25
Net assets
$293K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$18K
Where spending went · Part IX cols B–D
Program services $0.65 Management & general $0.35
Program efficiency
65%
of spending reaches programs▼ -11% vs prior filing year
Operating runway
1.5mo
months of highly liquid reserves at operating expense rate▲ +275% vs prior filing year
Surplus margin
-11%
revenue over expenses, this year▼ -166% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$168K
FY2024▼ -46%
Expenses
$186K
FY2024▼ -43%
Total assets
$542K
FY2024▼ -1%
Total liabilities
$249K
FY2024▲ +5%
Total revenue
$168K
Pt VIII · Ln 12
Total expenses
$186K
Pt IX · Ln 25
Net assets
$293K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$18K
Total assetsPt X · Ln 16$542K
Program-expense ratioPt IX · col B65%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $186K of program spending, described in the organization's own filed words · FY2024.
01

See part iii line 1

$186Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRestore House
EINHdr · item D26-1689061
Principal addressHdr · item CBemidji, MN
WebsiteHdr · item Jwww.restorehouse.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L40)
Ruling yearIRS BMFNov 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Coordinator
$20,965Pt VII · Sec A
Presidentboard Chair
$0Pt VII · Sec A
Treasurerdirector
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretarydirector
$0Pt VII · Sec A
$0Pt VII · Sec A

Mary Greer’s $21K as Coordinator is at the 16th percentile of top reported officer pay among 848 $100K–1M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Mary Greer$20,965$41,620$83,958$80,878
Phil Thooft$3,819

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$93K · 55%
Program service revenue$75K · 45%
Contributions & grants55%$93K
Program service revenue45%$75K
— government grantsLn 1e$88K
Total revenueLn 12$168K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.65 Management & general $0.35
Program services65%$121K
Management & general35%$66K
Total functional expensesLn 25$186K

Balance Sheet

Part X · end of year
CashLn 1$23K
Total assetsLn 16$542K
Total liabilitiesLn 26$249K
Total net assetsLn 32$293K
Months of cash on handcomputed1.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $23K · Operating expenses/yr $186K
1.5 months
Where the money goes
Program services
Program services $121K · Total expenses $186K
65%
Management & General
Management & general $66K · Total expenses $186K
35%
Fundraising
Fundraising $0 · Total expenses $186K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $23K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $93K · Total revenue $168K
55%
Government reliance
Government grants $88K · Total revenue $168K
53%
Earned-income share
Program service revenue $75K · Total revenue $168K
45%
Investment reliance
Investment income $0 · Total revenue $168K
0%
Program self-sufficiency
Program service revenue $75K · Total expenses $186K
40%
Growth & trend
Revenue growth (YoY)
This year $168K · Prior year $313K
-46%
Net-asset trend (YoY)
End of year $293K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $168K · Expenses $186K
-11%
Liabilities-to-Assets
Total liabilities — · Total assets $542K
Net-asset ratio
Net assets $293K · Total assets $542K
54%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $542K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mary Greer · Reported title COORDINATOR · Highest reported compensation $21K · Total expenses $186K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $101K · Total expenses $186K
54%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 65%
Overhead ratio 35%
Fundraising cost ratio 0%
Revenue growth -46%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$60K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$168K revenue · viewing · ⤓ 990 PDF
FY2023$313K revenue · ⤓ 990 PDF
FY2022$405K revenue · ⤓ 990 PDF
FY2021$809K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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