Public Charity

Restoration Development Foundation Inc

Based in Waco, TX, Restoration Development Foundation Inc operates as a Public Charity. The organization reported $50K in revenue, $294K in expenses, $1.6M in total assets for fiscal year 2024. Imperigo tracks 21 reported grant relationships connected to this organization totaling approximately $314K.

EIN: 680652377 Waco, TX Latest filing: 2024
Total Revenue$50K
Total Expenses$294K
Total Assets$1.6M
Grant Records21
Funding Total$314K
Filing Years2020–2024

Mission

The mission of Restoration Development Foundation Inc is to provide Educational opportunities to orphans in Uganda that were previously living at Restoration Gateway Uganda.

Officers & Directors

Director Jared Hill
Director Kay Tuel
Board Chair Scott Salmans
Director Steven Raley
Director Todd Strader

Officer compensation and complete director data available with membership.

Top Grant Purposes

POVERTY
$150,480 7 grants
SOCIAL SERVICES/SOCIAL BENEFITS
$36,350 1 grant
For grant recipient's exempt purposes
$29,580 3 grants
COMMUNITY DEVELOPMENT
$25,000 1 grant
General Support
$20,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $50K $294K $1.6M
2023 $853K $823K $1.8M
2022 $1.3M $937K $1.8M
2021 $957K $1.1M $1.5M
2020 $1.7M $1.2M $1.6M

Between 2020 and 2024, reported annual revenue declined from $1.7M to $50K (-97%), with total assets most recently reported at $1.6M.

Interactive year-over-year charts and full filing details available with membership.

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