Civic Intelligence

Restored Souls Foundation

990EZ • Fiscal year 2024 • EIN 84-4357670

Jan 01, 2024 to Dec 31, 2024 • Filed on Feb 12, 2025

Organization Profilewww.restoredsoulsfoundation.org
Po Box 15946Wilmington, NC 28408

(910) 800-1418

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • NTEE X99 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • NTEE X99 • <$500k nonprofits • Source year 2024

Net Margin

38th percentile

0.1%

Higher net margin than 38% of similar nonprofits.

2024 filings • NTEE X99 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$7,400

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2024 filings • NTEE X99 • <$500k nonprofits • Source year 2024

Asset Growth

52nd percentile

4.9%

Faster asset growth than 52% of similar nonprofits.

2024 filings • NTEE X99 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

92nd percentile

166%

Faster revenue growth than 92% of similar nonprofits.

2024 filings • NTEE X99 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$1,380

Up $65 (+4.9%) from 2023

Net Assets

Up

$1,380

Up $65 (+4.9%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin38th percentile

Revenue

Up

$127,806

Up $79,800 (+166%) from 2023

Expenses

Up

$127,741

Up $78,563 (+160%) from 2023

Net Income

Up

$65

Up $1,237 (+106%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

$60K$40K$20K$0Assets 2022: $2,487Liabilities 2022: $0Net Assets 2022: $2,4872022Assets 2023: $1,315Liabilities 2023: $0Net Assets 2023: $1,3152023Assets 2024: $1,380Liabilities 2024: $0Net Assets 2024: $1,3802024Assets 2025: $49,105Liabilities 2025: $36,304Net Assets 2025: $12,8012025

Highlighted filing

2024

Assets$1,380
Liabilities$0
Net Assets$1,380
Open 2024 Filing

Operations Trend

Revenue Growth92nd percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2022: $71,059Expenses 2022: $68,907Net Income 2022: $2,1522022Revenue 2023: $48,006Expenses 2023: $49,178Net Income 2023: -$1,1722023Revenue 2024: $127,806Expenses 2024: $127,741Net Income 2024: $652024Revenue 2025: $182,817Expenses 2025: $171,396Net Income 2025: $11,4212025

Highlighted filing

2024

Revenue$127,806
Expenses$127,741
Net Income$65
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 12, 2025
Return Version
2024v5.0
Gross Receipts
$127,806
Mission and Program Overview

Mission

See shedule O

Program Services

DescriptionGrantsExpenses
Other program services-$13,030
Barber Bus - Restored Styles Adults and kids got their haircut at a Foster care Back; 15 Military veterans; 15 Homeless at Vigilant Hope each month; 60 physically disabled-$9,661
54 Kids participated in Sharing Waves Surf Camp-$3,730
30 kids participated in Kids Hooked on Fishing Tournament-$1,748
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark MatthewsDirector Of DevelopmentPT$7,400-$7,400
Melissa MatthewsExecutive DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Restored Souls Foundation
EIN
84-4357670
In Care Of
% Melissa Matthews
Address
Po Box 15946, Wilmington, NC 28408

Signing Officer

Name
Melissa Matthews
Title
Executive Director
Phone
9108001418
Signed
2025-02-12
Discuss with paid preparer
No

Preparer

Firm
Simpson Accounting Services
Address
924 Old Savannah Rd S, Burgaw, NC 28425
Preparer
Tara Simpson Banks
Phone
9103675123
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountBank fees 1,133Marketing 1,617Office supplies/software 4,481Repairs & Maintenance 102Telephone 932Travel/Meetings 5,278Insurance 1,499Program/event supplies 6,768”

Other program services Part III line 31

“Our primary exempt purpose is to provide support and resources to families with vulnerable children. We aim to prevent caretaker burnout by encouraging hope and restoring joy for foster, adoptive, medically fragile and families with special needs children.Other Services:1 family experienced a restorative family vacation9 couples went on relaxing weekend retreats and they are continuing on their foster care journey40 kids participated in our Birthday party and Cupcake Bake-off contest56 people came out for the free Christ Cruise in Carolina Beach9 meetings of our adoptive moms group11 meetings of our prayer group”

Raw XML Appendix151 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0Mark Matthews
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0paid when funds allowed and some mileage/travel paid
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BenefitsPaidToOrForMembersAmt028169
IRS990EZ/BooksInCareOfDetail/PersonNm0Melissa Matthews
IRS990EZ/BooksInCareOfDetail/PhoneNum09108001418
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0658 Laveen Way
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Wilmington
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028412
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01315
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01380
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0122674
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt065
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt060490
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01315
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01380
IRS990EZ/GrossReceiptsAmt0127806
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01315
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01380
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01315
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01380
IRS990EZ/OccupancyRentUtltsAndMaintAmt09405
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt025.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt17400
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Melissa Matthews
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Mark Matthews
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director of Development
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt021810
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0See shedule O
IRS990EZ/PrintingPublicationsPostageAmt0467
IRS990EZ/ProgramServiceRevenueAmt05132
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt054 Kids participated in Sharing Waves Surf Camp
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt130 kids participated in Kids Hooked on Fishing Tournament
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Barber Bus - Restored Styles Adults and kids got their haircut at a Foster care Back; 15 Military veterans; 15 Homeless at Vigilant Hope each month; 60 physically disabled
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3Other program services
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03730
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt11748
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt29661
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt313030
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt07400
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0127741
IRS990EZ/TotalProgramServiceExpensesAmt028169
IRS990EZ/TotalRevenueAmt0127806
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.restoredsoulsfoundation.org/
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0126226
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt039995
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt050000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0216221
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01580
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt08011
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt021060
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt030651
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0127806
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt048006
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt071059
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0246871
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0493743
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0255612
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt096012
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0142119
IRS990ScheduleA/Total509Grp/TotalAmt0493743
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0255612
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt096012
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0142119
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0493743
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountBank fees 1,133Marketing 1,617Office supplies/software 4,481Repairs & Maintenance 102Telephone 932Travel/Meetings 5,278Insurance 1,499Program/event supplies 6,768
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Our primary exempt purpose is to provide support and resources to families with vulnerable children. We aim to prevent caretaker burnout by encouraging hope and restoring joy for foster, adoptive, medically fragile and families with special needs children.Other Services:1 family experienced a restorative family vacation9 couples went on relaxing weekend retreats and they are continuing on their foster care journey40 kids participated in our Birthday party and Cupcake Bake-off contest56 people came out for the free Christ Cruise in Carolina Beach9 meetings of our adoptive moms group11 meetings of our prayer group
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other program services Part III line 31
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0MELISSA MATTHEWS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum09108001418
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Restored Souls Foundation
ReturnHeader/Filer/BusinessNameControlTxt0REST
ReturnHeader/Filer/EIN0844357670
ReturnHeader/Filer/InCareOfNm0% Melissa Matthews
ReturnHeader/Filer/USAddress/AddressLine1Txt0Po Box 15946
ReturnHeader/Filer/USAddress/CityNm0Wilmington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028408
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0920855123
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Simpson Accounting Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0924 Old Savannah Rd S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Burgaw
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028425
ReturnHeader/PreparerPersonGrp/PhoneNum09103675123
ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TARA SIMPSON BANKS
ReturnHeader/ReturnTs02025-02-24T07:11:20-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,380
Liabilities
$0
Net assets
$1,380
Revenue
$127,806
Expenses
$127,741
Net income
$65
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.49$0.36$0.13$1.83$1.71$0.11
2024Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$1.28$1.28$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.48$0.49$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.71$0.69$0.02