Restore Recovery EIN 92-2090164 Form 990 (PDF) Claim this org

Restore Recovery

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Helps people recover through peer support, housing, and community partnerships. For fiscal year 2024 it reported $259K in revenue, $247K in expenses, and $13K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Saint Paul, MN
Filings
2 on file (2023–2024)
Revenue
$259KFY2024
Expenses
$247K
Net assets
$13K
People
1
Filings
2
Updates
0
More identity details & actions ⌄
EIN  92-2090164 Public charity (501(c)(3)) Saint Paul, MN
Form 990 (PDF)
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Size
$100K–1M
What they do
Helps people recover through peer support, housing, and community partnerships.
Leadership
Mindy Lackoremueller · CEO · $59K
Money in and out
$259K revenue, $247K expenses
Bottom line
56% program efficiency
Where the money goes · FY2024
Total revenue
$259K
Pt VIII · Ln 12
Total expenses
$247K
Pt IX · Ln 25
Net assets
$13K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $12K
Where spending went · Part IX cols B–D
Program services $0.56 Management & general $0.44 Fundraising $0.00
Program efficiency
56%
of spending reaches programs
Operating runway
0.4mo
months of highly liquid reserves at operating expense rate▼ -71% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▲ +132% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$259K
FY2024▲ +249%
Total revenue
$259K
Pt VIII · Ln 12
Total expenses
$247K
Pt IX · Ln 25
Net assets
$13K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$12K
Total assetsPt X · Ln 16$13K
Program-expense ratioPt IX · col B56%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $137K of program spending, described in the organization's own filed words · FY2024.
01

rent utilities supplies and food program

$104Kprogram expense
02

Salaries that are directly related to addiction recovery clients

$32Kprogram expense
03

Paying for overdue bills for clients in dire need

$841program expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRestore Recovery
EINHdr · item D92-2090164
Principal addressHdr · item CSaint Paul, MN
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFFeb 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
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
$58,692Pt VII · Sec A

Mindy Lackoremueller’s $59K as CEO is at the 48th percentile of top reported officer pay among 2165 $100K–1M 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.

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Statement of Revenue

Part VIII
Contributions & grants$178K · 69%
Program service revenue$78K · 30%
Other revenue$3K · 1%
Contributions & grants69%$178K
Program service revenue30%$78K
Other revenue1%$3K
— government grantsLn 1e$178K
Total revenueLn 12$259K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.56 Management & general $0.44 Fundraising $0.00
Program services56%$138K
Management & general44%$108K
Fundraising$343
Total functional expensesLn 25$247K

Balance Sheet

Part X · end of year
CashLn 1$9K
Total assetsLn 16$13K
Total liabilitiesLn 26$0
Total net assetsLn 32$13K
Months of cash on handcomputed0.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $9K · Operating expenses/yr $247K
0.4 months
Where the money goes
Program services
Program services $138K · Total expenses $247K
56%
Management & General
Management & general $108K · Total expenses $247K
44%
Fundraising
Fundraising $343 · Total expenses $247K
0.1%
Cost to raise $1
Fundraising expense $343 · Solicited contributions $20
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $178K · Total revenue $259K
69%
Government reliance
Government grants $178K · Total revenue $259K
69%
Earned-income share
Program service revenue $78K · Total revenue $259K
30%
Investment reliance
Investment income $0 · Total revenue $259K
0%
Program self-sufficiency
Program service revenue $78K · Total expenses $247K
31%
Growth & trend
Revenue growth (YoY)
This year $259K · Prior year $74K
+249%
Net-asset trend (YoY)
End of year $13K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $259K · Expenses $247K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $13K
Net-asset ratio
Net assets $13K · Total assets $13K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $13K
0%
People & payroll
Highest Reported Total Compensation
Individual Mindy Lackoremueller · Reported title CEO · Highest reported compensation $59K · Total expenses $247K
24%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $73K · Total expenses $247K
30%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 56%
Overhead ratio 44%
Fundraising cost ratio 0.2%
Revenue growth 249%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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
FY2024 (Latest)$259K revenue · viewing · ⤓ 990 PDF
FY2023$74K 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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