Restore Education FY2024 filing

Tax-deductible

San Antonio, TX501(c)(3)Since 2010EducationEIN 26-2966263Revenue $6.3M in FY2024

On file with the IRSrestoreeducation.orgPo Box 692338, 78269-2338 · San Antonio, TXTax-exempt since Mar 2012Publicly supported charity — 170(b)(1)(A)(vi)

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Mission: to transform at-risk youth and adults into successful college and career-ready students so that they can achieve the future they deserve as self-supporting adults, role models as parents, and contributing members of the community.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$239K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $443K a year · 7% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$239K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $1.8M
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$628K
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.3M
+8% vs prior year
Spent
$6.2M
To programs
92%
Net assets
$4.0M
By yearFY2020–FY2025
Revenue
$6.3M
FY2024▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.0M
FY2021$5.9M
FY2022$5.8M
FY2024$6.3M
FY2025$9.7M
Expenses
$6.2M
FY2024▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.5M
FY2021$5.1M
FY2022$5.5M
FY2024$6.2M
FY2025$9.2M
Net assets
$4.0M
FY2024▲ +54%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.4M
FY2021$2.3M
FY2022$2.6M
FY2024$4.0M
FY2025$3.9M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2012.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $5.7M Management & general 8% · $497K Fundraising 3% · $165K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990; $239K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President & CEO
$128,708Pt VII · Sec A
Chief Prog. Ofc
$109,915Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kelli Rhodes’s $150K as President & CEO is at the 64th percentile of top reported officer pay among 3394 $1–10M education 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 · 5 named individuals · Part VII

NameFY2025FY2024FY2022FY2021
Kelli Rhodes$150,001$128,708$131,042$104,986
Kerri Rhodes$128,051$109,915$111,990—
Kim Vinton$115,770———
Julia Moss$81,152———
Chris Crane$78,923———

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.

See Restore Education executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers at-risk youth and adults to become college and career-ready for successful futures.

Provided by the organization

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3 programs · $5.7M · in their own filed words · FY2023
01

Passport Program

Provides at-risk, inner-city youth (those who are economically disadvantaged, teen parents, or foster youth) and adults who have dropped out of high school with an opportunity to earn their high school equivalency (hse) credential and prepare for college and careers simultaneously.

$4.9Mprogram expense
02

Compass Program

Provides hse graduates and first generation college students with on-going support and guidance as they complete their 2 and 4 year degrees at local colleges. These students have access to a personal mentor dedicated to their success as well as a designated area located next to the college campus staffed with tutors and equipped with…

$835Kprogram expense
03

Fast Path Program

Offers low-income high school students with free standardized test preparation workshops and tutoring to prepare them for dual credit courses and college enrollment. In 2023, the fast pass program provided various workshops to 448 students in south texas.

$24Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 9 funders →
Grants paid · 13 grants · $5.2M · 2021–2024
Unitemized GrantFY2024$783,696
Unitemized GrantFY2024$91,508
Unitemized GrantFY2024$72,650
Unitemized GrantFY2023$752,538
Unitemized GrantFY2023$55,864
Unitemized GrantFY2023$52,034
Unitemized GrantFY2022$839,594
Unitemized GrantFY2022$601,693
Unitemized GrantFY2022$100,622
Unitemized GrantFY2021$1,328,352
Unitemized GrantFY2021$430,655
Unitemized GrantFY2021$102,776
Unitemized GrantFY2021$24,797

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$6.3M
Ln 12
Gifts and grantsLn 1h$6.7M
Fees for servicesLn 2g$549K
Investment incomeLn 3$29K
Money outPt IX
$6.2M
Ln 25
Programscol B$5.7M
Managementcol C$497K
Fundraisingcol D$165K
Owns and owesPt X
$4.0M
net assets · Ln 32
Cash and savingsLn 1–2$2.2M
Total assetsLn 16$6.3M
LiabilitiesLn 26$628K
PeoplePt VI, VII
16
listed · VII A
PaidVII A2
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.7M
Government grantsLn 1e$4.7M
Fees for servicesLn 2g$549K
Investment incomeLn 3$29K
Gains on assetsLn 7$0
Total revenueLn 12$6.3M
Assets in detailPt X, end of year
CashLn 1$568K
SavingsLn 2$1.6M
Cash and savings togetherLn 1–2$2.2M
InvestmentsLn 11–13$14K
Land, buildings, equipmentLn 10c$221K
Other assetsLn 15$602K
Total assetsLn 16$6.3M
LiabilitiesLn 26$628K
Net assetsLn 32$4.0M
OperationsPt I, VI
EmployeesI 534
VolunteersI 630
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.4M$2.2M
InvestmentsLn 11–13$11K$14K
Land, buildings, equipmentLn 10c$299K$221K
Total assetsLn 16$3.4M$4.3M
LiabilitiesLn 26$803K$628K
Net assetsLn 32$2.6M$3.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$860K$860K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$239K$215K$12K$12K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$2.1M$1.9M$98K$98K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$155K$140K$8K$8K
Payroll taxesLn 10$191K$172K$10K$10K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$926K$790K$115K$22K
Advertising and promotionLn 12$23K$23K
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$98K$88K$5K$5K
TravelLn 17$21K$21K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$19K$19K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$284K$74K$210K
InsuranceLn 23$16K$14K$2K$795
Other expenses (24a–d)Ln 24$1.3M$1.3M$11K$5K
All other expensesLn 24e$141K$126K$9K$5K
Total functional expensesLn 25$6.4M$5.7M$497K$165K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $9.7M$9.2M$514K$3.9M 990 PDF
FY2024 Viewing $6.3M$6.2M$14K$4.0M 990 PDF
FY2023 Not on file
FY2022 $5.8M$5.5M$278K$2.6M 990 PDF
FY2021 $5.9M$5.1M$869K$2.3M 990 PDF
FY2020 $3.0M$2.5M$539K$1.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $7,498,050 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,617,114$6,698,307
I-9 Program service revenuePrior year $100,904$548,600
I-10 Investment incomePrior year $9,588$29,418
I-11 Other revenuePrior year $35,283$221,725
I-12 Total revenuePrior year $5,762,889$7,498,050
I-13 Grants and similar amounts paidPrior year $1,541,909$860,436
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,668,875$2,657,514
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,274,357$2,872,740
I-18 Total expensesPrior year $5,485,141$6,390,690
I-19 Revenue less expensesPrior year $277,748$1,107,360
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $7,498,050 across 12 lines filed
VIII-1a Federated campaigns$310,444
VIII-1e Government grants$4,665,294
VIII-1f All other contributions, gifts and grants$1,722,569
VIII-1h Total contributions, gifts and grants$6,698,307
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $548,600$548,600
VIII-3 Investment incomeExcluded from tax $29,418$29,418
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events−$7,853
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $229,578$229,578
VIII-12 Total revenueRelated to mission $778,178 · Excluded from tax $29,418$7,498,050
Part IX · Statement of functional expenses $6,390,690 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $860,436$860,436
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $214,761 · Management $11,931 · Fundraising $11,931$238,623
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $1,876,834 · Management $98,036 · Fundraising $98,036$2,072,906
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $139,866 · Management $7,770 · Fundraising $7,770$155,406
IX-10 Payroll taxesPrograms $171,521 · Management $9,529 · Fundraising $9,529$190,579
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $789,593 · Management $114,560 · Fundraising $21,950$926,103
IX-12 Advertising and promotionPrograms $22,917$22,917
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $88,355 · Management $4,909 · Fundraising $4,909$98,173
IX-17 TravelPrograms $20,615$20,615
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestManagement $19,042$19,042
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $73,849 · Management $209,670$283,519
IX-23 InsurancePrograms $13,521 · Management $1,591 · Fundraising $795$15,907
IX-24 Other expenses (24a–d)Programs $1,330,064 · Management $10,871 · Fundraising $4,744$1,345,679
IX-24e All other expensesPrograms $126,156 · Management $9,298 · Fundraising $5,331$140,785
IX-25 Total functional expensesPrograms $5,728,488 · Management $497,207 · Fundraising $164,995$6,390,690
Part X · Balance sheet $4,318,738 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $431,436$567,924
X-2 Savings and temporary cash investmentsStart of year $945,590$1,606,027
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $871,822$1,307,289
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $298,623$220,887
X-11 Publicly traded securitiesStart of year $10,911$14,438
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $825,054$602,173
X-16 Total assetsStart of year $3,383,436$4,318,738
X-17 Accounts payable and accrued expensesStart of year $120,395$171,528
X-25 Other liabilitiesStart of year $666,213$456,574
X-26 Total liabilitiesStart of year $803,396$628,102
X-27 Net assets without donor restrictionsStart of year $1,544,490$2,937,520
X-28 Net assets with donor restrictionsStart of year $1,035,550$753,116
X-32 Total net assets or fund balancesStart of year $2,580,040$3,690,636
X-33 Total liabilities and net assetsStart of year $3,383,436$4,318,738
Part XI · Reconciliation of net assets $3,690,636 net assets at year end
XI-1 Total revenue$7,498,050
XI-2 Total expenses$6,390,690
XI-3 Revenue less expenses$1,107,360
XI-4 Net assets at start of year$2,580,040
XI-5 Net unrealized gains (losses) on investments$3,236
XI-10 Net assets at end of year$3,690,636

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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