Civic Intelligence

Natural Restorations

990 • Fiscal year 2024 • EIN 81-4745055

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 14, 2025

67 S Higley Road Ste 103-118Gilbert, AZ 85296

(480) 628-3903

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$23,087

Flat from 2024

Net Assets

Flat

-$128,913

Flat from 2024

Liabilities

Flat

$152,000

Flat from 2024

Revenue And Expenses

Revenue

Flat

$400,227

Flat from 2024

Expenses

Flat

$491,325

Flat from 2024

Net Income

Flat

-$91,098

Flat from 2024

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$200K$0-$200KAssets 2019: $78,340Liabilities 2019: $44,479Net Assets 2019: $33,8612019Assets 2020: $106,303Liabilities 2020: $57,000Net Assets 2020: $49,3032020Assets 2021: $208,988Liabilities 2021: $93,513Net Assets 2021: $115,4752021Assets 2022: $49,587Liabilities 2022: $46,000Net Assets 2022: $3,5872022Assets 2023: $72,240Liabilities 2023: $271,799Net Assets 2023: -$199,5592023Assets 2024: $23,087Liabilities 2024: $152,000Net Assets 2024: -$128,9132024Assets 2024: $23,087Liabilities 2024: $152,000Net Assets 2024: -$128,9132024

Highlighted filing

2024

Assets$23,087
Liabilities$152,000
Net Assets-$128,913

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200K-$400KRevenue 2019: $372,457Expenses 2019: $346,248Net Income 2019: $26,2092019Revenue 2020: $349,102Expenses 2020: $333,660Net Income 2020: $15,4422020Revenue 2021: $408,412Expenses 2021: $342,172Net Income 2021: $66,2402021Revenue 2022: $339,694Expenses 2022: $451,582Net Income 2022: -$111,8882022Revenue 2023: $183,516Expenses 2023: $400,169Net Income 2023: -$216,6532023Revenue 2024: $400,227Expenses 2024: $491,325Net Income 2024: -$91,0982024Revenue 2024: $400,227Expenses 2024: $491,325Net Income 2024: -$91,0982024

Highlighted filing

2024

Revenue$400,227
Expenses$491,325
Net Income-$91,098
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$400,227
Mission and Program Overview

Mission

The mission of natural restorations is to remove anything foreign to the environment from natural areas and restore them to their original state.

The mission of natural restorations is to remove trash & graffiti from outdoor recreation & wilderness areas across arizona, revitalize natural areas through replanting projects, and enrich the lives of military veterans & other

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$68,791$19,637▼ $49,154
Savings and Temporary Cash Investments$3,449$3,450▲ $1
Total Assets$72,240$23,087▼ $49,153
Liabilities
Unsecured Notes Loans Payable$271,799$152,000▼ $119,799
Total Liabilities$271,799$152,000▼ $119,799
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-199,559$-128,913▲ $70,646
Total Net Assets Fund Balance$-199,559$-128,913▲ $70,646
Total Liabilities and Net Assets / Fund Balance$72,240$23,087▼ $49,153
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nicole CoreyExecutive DirectorFT$98,807$98,807
Justin CoreyDirector of Field OpsFT$93,936$93,936

Board Members and Trustees

NameTitle
Matthew NelsonBoard Member
Ricky CobbanBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$400,227
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-91,098
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$344,091
Other Expenses$147,234
Total Fundraising Expense$1,513
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$192,743$0$0$192,743
Other Salaries and Wages$113,511$36,324$1,513$151,348
Insurance$9,139$10,532$0$19,671
Advertising$167$3,985$0$4,152
Office Expenses$0$1,655$0$1,655
Other Expenses$0$862$0$862
Fees for Services Accounting$0$529$0$529
Total Functional Expenses$426,669$63,143$1,513$491,325
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Nicole CoreyFamilial Relationship1099-nec CompensationNo$98,807
Justin CoreyFamilial Relationship1099-nec CompensationNo$93,936
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Natural Restorations
EIN
81-4745055
Phone
4806283903
Address
67 S HIGLEY ROAD STE 103-118, GILBERT, AZ 85296

Signing Officer

Name
Nicole Corey
Title
Executive Director
Phone
4806283903
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
2017
Legal Domicile
Az
Voting Board Members
4
Independent Board Members
2
Employees
0
Volunteers
1,829

Preparer

Firm
Sandhills Accounting Service
Address
675 S Bennett St Suite 3, Southern Pines, NC 28387
Preparer
Edmund J Placzkowski III
Phone
9106950147
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The organization provides a pdf copy of the 990 draft for review and comment to all board members prior to return being filed.

Pt VI, Line 12C

In the event of a potential conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of appropriate committees with governing board delegated powers considering the proposed transaction or arrangement. In addition the foregoing any director, principal officer, or member of a committee with governing board delegated powers must disclose any potential conflict of interest prior to assuming office. Our procedures go on to include determining conflict of interest exists, procedures for addressing the conflict of interest, and violations of the conflict of interest policy.

Pt VI, Line 15A

The organization conducts periodic reviews of compensation that at a minimum assess whether compensation arrangements and benefits are reasonable based on competent survey information, and the results of arms length bargaining when conducting the periodic reviews, the organization may, but need not, use outside advisors. If outside experts are used, their use shall not relieve the governing board of its responsibility for ensuring periodic reviews are conducted.

Pt VI, Line 19

The organization will provide in a timely manner copies of all governing documents including its conflict of interest policies and financial statements when requested in writing or in person.

Pt VI, Line 2

Nicole corey and justin corey have a family relationship. Also see schedule l.

Other

Form 990, part ix, line 11g: other fees for service are amounts paid to outside parties for work performed by the organization related to grants received from the state of arizona to remove trash and graffiti from the off highway vehicle areas and other part and wilderness areas across arizona.

Pt VI, Line 15B

The organization conducts periodic reviews of compensation that at a minimum assess whether compensation arrangements and benefits are reasonable based on competent survey information, and the results of arms length bargaining when conducting the periodic reviews, the organization may, but need not, use outside advisors. If outside experts are used, their use shall not relieve the governing board of its responsibility for ensuring periodic reviews are conducted.

Other

FORM 990, PART IX, LINE 24e: OTHER EXPENSES OF $5,919 AND FOR MISCELLANEOUS EXPENSES AND DONOR GIFTS.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROVIDES A PDF COPY OF THE 990 DRAFT FOR REVIEW AND COMMENT TO ALL BOARD MEMBERS PRIOR TO RETURN BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN THE EVENT OF A POTENTIAL CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF APPROPRIATE COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. IN ADDITION THE FOREGOING ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS MUST DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST PRIOR TO ASSUMING OFFICE. OUR PROCEDURES GO ON TO INCLUDE DETERMINING CONFLICT OF INTEREST EXISTS, PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST, AND VIOLATIONS OF THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION CONDUCTS PERIODIC REVIEWS OF COMPENSATION THAT AT A MINIMUM ASSESS WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULTS OF ARMS LENGTH BARGAINING WHEN CONDUCTING THE PERIODIC REVIEWS, THE ORGANIZATION MAY, BUT NEED NOT, USE OUTSIDE ADVISORS. IF OUTSIDE EXPERTS ARE USED, THEIR USE SHALL NOT RELIEVE THE GOVERNING BOARD OF ITS RESPONSIBILITY FOR ENSURING PERIODIC REVIEWS ARE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION WILL PROVIDE IN A TIMELY MANNER COPIES OF ALL GOVERNING DOCUMENTS INCLUDING ITS CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS WHEN REQUESTED IN WRITING OR IN PERSON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NICOLE COREY AND JUSTIN COREY HAVE A FAMILY RELATIONSHIP. ALSO SEE SCHEDULE L.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990, PART IX, LINE 11G: OTHER FEES FOR SERVICE ARE AMOUNTS PAID TO OUTSIDE PARTIES FOR WORK PERFORMED BY THE ORGANIZATION RELATED TO GRANTS RECEIVED FROM THE STATE OF ARIZONA TO REMOVE TRASH AND GRAFFITI FROM THE OFF HIGHWAY VEHICLE AREAS AND OTHER PART AND WILDERNESS AREAS ACROSS ARIZONA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION CONDUCTS PERIODIC REVIEWS OF COMPENSATION THAT AT A MINIMUM ASSESS WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULTS OF ARMS LENGTH BARGAINING WHEN CONDUCTING THE PERIODIC REVIEWS, THE ORGANIZATION MAY, BUT NEED NOT, USE OUTSIDE ADVISORS. IF OUTSIDE EXPERTS ARE USED, THEIR USE SHALL NOT RELIEVE THE GOVERNING BOARD OF ITS RESPONSIBILITY FOR ENSURING PERIODIC REVIEWS ARE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FORM 990, PART IX, LINE 24e: OTHER EXPENSES OF $5,919 AND FOR MISCELLANEOUS EXPENSES AND DONOR GIFTS.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0NICOLE COREY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NATURAL RESTORATIONS
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Sandhills Accounting Service
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0675 S Bennett St Suite 3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Southern Pines
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
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ReturnHeader/PreparerPersonGrp/PhoneNum09106950147
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Edmund J Placzkowski III
ReturnHeader/ReturnTs02025-11-17T20:46:50-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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