Restan Corp EIN 31-1368099 Form 990 (PDF) Claim this org

Restan Corp

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Offers housing and support services for people with mental illness. For fiscal year 2025 it reported $130K in revenue, $169K in expenses, and $323K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Springfield, OH
Filings
6 on file (2020–2025)
Revenue
$130KFY2025
Expenses
$169K
Net assets
$323K
People
4
Filings
6
Updates
0
More identity details & actions ⌄
EIN  31-1368099 Public charity (501(c)(3)) Springfield, OH
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers housing and support services for people with mental illness.
Leadership
Kelly Rigger · Treasurer/Secretary
Money in and out
$130K revenue, $169K expenses
Bottom line
97% program efficiency
Where the money goes · FY2025
Total revenue
$130K
Pt VIII · Ln 12
Total expenses
$169K
Pt IX · Ln 25
Net assets
$323K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$39K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs▲ +0.9% vs prior filing year
Operating runway
6.2mo
months of highly liquid reserves at operating expense rate▼ -45% vs prior filing year
Surplus margin
-30%
revenue over expenses, this year▼ -856% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$130K
FY2025▲ +10%
Expenses
$169K
FY2025▲ +39%
Total assets
$374K
FY2025▼ -8%
Total liabilities
$52K
FY2025▲ +15%
Total revenue
$130K
Pt VIII · Ln 12
Total expenses
$169K
Pt IX · Ln 25
Net assets
$323K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$39K
Total assetsPt X · Ln 16$374K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $164K of program spending, described in the organization's own filed words · FY2024.
01

The organization provided housing for individuals with mental illness at two different apartment complexes.

$164Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRestan Corp
EINHdr · item D31-1368099
Principal addressHdr · item CSpringfield, OH
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P80Z)
Ruling yearIRS BMFJun 1993

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Treasurer/Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$126K · 98%
Contributions & grants$3K · 2%
Program service revenue98%$126K
Contributions & grants2%$3K
Investment income$7
— government grantsLn 1e$3K
Total revenueLn 12$130K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$164K
Management & general3%$5K
Total functional expensesLn 25$169K

Balance Sheet

Part X · end of year
CashLn 1$87K
Total assetsLn 16$374K
Total liabilitiesLn 26$52K
Total net assetsLn 32$323K
Months of cash on handcomputed6.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $87K · Operating expenses/yr $169K
6.2 months
Where the money goes
Program services
Program services $164K · Total expenses $169K
97%
Management & General
Management & general $5K · Total expenses $169K
3%
Fundraising
Fundraising $0 · Total expenses $169K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $3K · Total revenue $130K
2%
Government reliance
Government grants $3K · Total revenue $130K
2%
Earned-income share
Program service revenue $126K · Total revenue $130K
98%
Investment reliance
Investment income $7 · Total revenue $130K
<0.01%
Program self-sufficiency
Program service revenue $126K · Total expenses $169K
75%
Growth & trend
Revenue growth (YoY)
This year $130K · Prior year $118K
+10%
Revenue CAGR
FY2019 $106K · FY2024 $130K
+4%
Net-asset trend (YoY)
End of year $323K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $130K · Expenses $169K
-30%
Liabilities-to-Assets
Total liabilities — · Total assets $374K
Net-asset ratio
Net assets $323K · Total assets $374K
86%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $374K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kelly Rigger · Reported title TREASURER/SECRETARY · Highest reported compensation $0 · Total expenses $169K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $169K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth 10%
Accounting fee ratio 3%

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.

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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
FY2025 (Latest)$130K revenue · viewing · ⤓ 990 PDF
FY2024$118K revenue · ⤓ 990 PDF
FY2023$83K revenue · ⤓ 990 PDF
FY2022$98K revenue · ⤓ 990 PDF
FY2021$105K revenue · ⤓ 990 PDF
FY2020$106K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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