Operation Restoration FY2023 filing

Tax-deductible

New Orleans, LA501(c)(3)Since 2016Human ServicesEIN 61-1791941Revenue $3.9M in FY2023

On file with the IRS1450 Poydras St Suite 2260, 70112-1227 · New Orleans, LATax-exempt since Aug 2016Publicly supported charity — 170(b)(1)(A)(vi)

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Support women and girls impacted by incarceration to recognize their full potential, restore their lives and discover new possibilities.

501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
$479K 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

FY2023 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $1.5M a year · 31% 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
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$479K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 10.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
23
named funders · $2.7M
Looks good: 23 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.7M
22% of total assets
Looks good: liabilities are 22% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 8 voting members
Looks good: 7 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.9M
-35% vs prior year
Spent
$3.9M
To programs
68%
Net assets
$5.9M
By yearFY2020–FY2024
Revenue
$3.9M
FY2023▼ -35%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.4M
FY2021$4.6M
FY2022$6.0M
FY2023$3.9M
FY2024$6.3M
Expenses
$3.9M
FY2023▼ -17%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.7M
FY2021$2.4M
FY2022$4.7M
FY2023$3.9M
FY2024$4.8M
Net assets
$5.9M
FY2023▲ +0.9%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.8M
FY2021$6.0M
FY2022$5.9M
FY2023$5.9M
FY2024$7.3M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2016.

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

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $2.7M Management & general 32% · $1.3M

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

8 people listed on the 990; $479K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$292,719Pt VII · Sec A
Senior Advisor Qaulity Care
$186,640Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary and Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Syrita Steib’s $334K as President & CEO is at the 98th percentile of top reported officer pay among 3869 $1–10M human services 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

NameFY2024FY2023FY2022FY2021FY2020
Syrita Steib$334,469$292,719$185,000——
Montrell Carmouche$135,686$186,640———
Syrita R Steib———$159,742$139,152
Dana Garner$102,128————
Annie L Freitas————$86,990

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 Operation Restoration 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowering incarcerated women and girls to reach their potential and rebuild their lives.

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Provided by the organization

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3 programs · $2.3M · in their own filed words · FY2023
01

Operation social services creates an atmosphere of wrap-around support services to women across all or departments with a person-centered approach based on the clients immediate needs and established goals, while offering long-term case management support.

$927Kprogram expense
02

Operation education creates new career pathways and removes barriers to education for currently and formerly incarcerated women through four programs: women first clinic, college-in-prison program, lab assistant program and stem-ops PROGRAM.OPERATION education

$769Kprogram expense
03

Operation-safety & freedom creates new ways to address collective liberation and freedom. Our goal is to end the criminalization of race and poverty by disrupting a criminal legal system that treats poor and mostly black citizens differently than their wealthy and mostly white COUNTERPARTS.SAFETY and freedom fund, a community bail fund…

$569Kprogram 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 23 funders →
Grants paid · 15 grants · $2.0M · 2022–2024
Opportunity 2 RestoreLA · FY2024$235,984
Opportunity 2 RestoreLA · FY2024$235,984
Opportunity 2 RestoreLA · FY2023$278,311
Son of a SaintLA · FY2023$22,900
Cultivating YouthLA · FY2023$15,000
ADPFY2023$10,000
Birthmark DoulaFY2022$280,000
Block BuilderzFY2022$214,602
Black Girls Film CampNC · FY2022$153,750
Vacation Justice SchoolFY2022$150,000
Phoenix RisingFY2022$115,000
FierceNY · FY2022$110,000
Transcending WomenFY2022$80,002
Project HustleFY2022$70,861
The WireDC · FY2022$10,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$3.9M
Ln 12
Gifts and grantsLn 1h$3.8M
Fees for servicesLn 2g$105K
Investment incomeLn 3$100K
Money outPt IX
$3.9M
Ln 25
Programscol B$2.7M
Managementcol C$1.3M
Owns and owesPt X
$5.9M
net assets · Ln 32
Cash and savingsLn 1–2$3.5M
Total assetsLn 16$7.6M
LiabilitiesLn 26$1.7M
PeoplePt VI, VII
8
listed · VII A
PaidVII A2
Voting boardVI 1a8
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.8M
Government grantsLn 1e$493K
Noncash giftsLn 1g$116K
Fees for servicesLn 2g$105K
Investment incomeLn 3$100K
Total revenueLn 12$3.9M
Assets in detailPt X, end of year
CashLn 1$3.5M
Cash and savings togetherLn 1–2$3.5M
InvestmentsLn 11–13$2.6M
Land, buildings, equipmentLn 10c$637K
Other assetsLn 15$168K
Total assetsLn 16$7.6M
LiabilitiesLn 26$1.7M
Net assetsLn 32$5.9M
OperationsPt I, VI
EmployeesI 539
Fiscal year endsHeaderDecember
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 FY23End FY23
Cash and savingsLn 1–2$6.1M$3.5M
InvestmentsLn 11–13$2.6M
Land, buildings, equipmentLn 10c$581K$637K
Total assetsLn 16$7.1M$7.6M
LiabilitiesLn 26$1.2M$1.7M
Net assetsLn 32$5.9M$5.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$326K$326K
Pay of current officers, directors and key staffLn 5$525K$321K$204K
Other salaries and wagesLn 7$1.2M$958K$196K
Other employee benefitsLn 9$174K$74K$99K
Other fees for servicesLn 11g$573K$167K$406K
OccupancyLn 16$231K$2K$229K
InterestLn 20$15K$15K
Depreciation, depletion and amortizationLn 22$45K$45K
Other expenses (24a–d)Ln 24$868K$810K$58K
Total functional expensesLn 25$3.9M$2.7M$1.3M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $6.3M$4.8M$1.5M$7.3M 990 PDF
FY2023 Viewing $3.9M$3.9M$9K$5.9M 990 PDF
FY2022 $6.0M$4.7M$1.3M$5.9M 990 PDF
FY2021 $4.6M$2.4M$2.2M$6.0M 990 PDF
FY2020 $4.4M$1.7M$2.7M$3.8M 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 FY2023 990 (6 parts)
Part I · Summary $3,921,095 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,954,792$3,799,584
I-9 Program service revenuePrior year $64,728$105,248
I-10 Investment incomePrior year $13,489$99,526
I-11 Other revenuePrior year $15,796−$83,263
I-12 Total revenuePrior year $6,048,805$3,921,095
I-13 Grants and similar amounts paidPrior year $1,184,215$326,211
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,600,203$1,852,956
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,920,206$1,732,688
I-18 Total expensesPrior year $4,704,624$3,911,855
I-19 Revenue less expensesPrior year $1,344,181$9,240
Part VI · Governance 7 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
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 $3,921,095 across 9 lines filed
VIII-1e Government grants$493,411
VIII-1f All other contributions, gifts and grants$3,306,173
VIII-1g Noncash contributions (included above)$116,145
VIII-1h Total contributions, gifts and grants$3,799,584
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $105,248$105,248
VIII-3 Investment incomeExcluded from tax $99,526$99,526
VIII-6 Net rental income or lossExcluded from tax $16,620$16,620
VIII-8 Net income from fundraising eventsUnrelated business −$99,883−$99,883
VIII-12 Total revenueRelated to mission $105,248 · Unrelated business −$99,883 · Excluded from tax $116,146$3,921,095
Part IX · Statement of functional expenses $3,911,855 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $326,211$326,211
IX-5 Pay of current officers, directors and key staffPrograms $320,935 · Management $204,097$525,032
IX-7 Other salaries and wagesPrograms $958,236 · Management $196,082$1,154,318
IX-9 Other employee benefitsPrograms $74,498 · Management $99,108$173,606
IX-11g Other fees for servicesPrograms $166,676 · Management $406,366$573,042
IX-16 OccupancyPrograms $1,725 · Management $229,089$230,814
IX-20 InterestManagement $14,891$14,891
IX-22 Depreciation, depletion and amortizationManagement $45,487$45,487
IX-24 Other expenses (24a–d)Programs $810,300 · Management $58,154$868,454
IX-25 Total functional expensesPrograms $2,658,581 · Management $1,253,274 · Fundraising $0$3,911,855
Part X · Balance sheet $7,580,455 assets, 12 lines filed
Asset lines not itemized here account for $220,685; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $6,110,603$3,465,660
X-4 Accounts receivable$536,069
X-10c Land, buildings and equipment, netStart of year $580,560$636,708
X-12 Other securities$2,553,711
X-15 Other assetsStart of year $241,979$167,622
X-16 Total assetsStart of year $7,064,215$7,580,455
X-17 Accounts payable and accrued expensesStart of year $1,200$8,738
X-25 Other liabilitiesStart of year $1,190,410$1,645,119
X-26 Total liabilitiesStart of year $1,191,610$1,653,857
X-27 Net assets without donor restrictionsStart of year $5,872,605$5,926,598
X-32 Total net assets or fund balancesStart of year $5,872,605$5,926,598
X-33 Total liabilities and net assetsStart of year $7,064,215$7,580,455
Part XI · Reconciliation of net assets $5,926,598 net assets at year end
XI-1 Total revenue$3,921,095
XI-2 Total expenses$3,911,855
XI-3 Revenue less expenses$9,240
XI-4 Net assets at start of year$5,872,605
XI-8 Prior period adjustments$44,753
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,926,598

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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