Restored Inc
To operate a thrift store from which all profits will be donated to local charitable organizations
Restored Inc at a glance
In short: Restored Inc gave $370K across 3 grants in 2025 (avg $123K), mostly in Indiana. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $370,000
- Grants made (2025)
- 3
- Average grant
- $123,333
- Median grant
- $9,500
- Total assets
- $435,231
- -10.3% vs 2024
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Restored Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Demotte Christian Schools ($356K). Together the top 3 received $370K.
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 3 grants totaling $370K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Demotte Christian Schools Demotte, IN | General Support | $355,500 |
| Connection Center Demotte, IN | General Support | $9,500 |
| Jasper Newton Foundation Rensselaer, IN | Splash Pad | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $435,231 | $839,729 | $889,448 | $370,000 | 3 | $14,634 |
| 2024 | $485,305 | $841,794 | $796,582 | — | — | $14,502 |
| 2023 | $445,798 | $716,243 | $486,267 | — | — | $3,263 |
| 2022 | $203,901 | $436,852 | $253,142 | — | — | — |
| 2021 | $13,356 | $36,602 | $23,246 | — | — | — |
About Restored Inc
Based on IRS filings
Restored Inc is a public charity, based in Roselawn, IN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $435K in total assets. In 2025, it awarded 3 grants totaling $370K. Net investment income was $15K.
Leadership & Key People
Officers and directors from IRS filings
Restored Inc is led by Lynn Schakel, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Lynn Schakel
President
On filings since 2021
No compensation reported
Jeremy Bultema
Board Member
On filings since 2024
No compensation reported
Jim Bykerk
Secretary
New on the 2025 filing
No compensation reported
Former officers (2)
- Former: Cathy Defries (2021–2024) — Secretary
- Former: Tim Stegenga (2021) — Treasurer
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Restored Inc
How much does Restored Inc give each year?
Restored Inc gave $370K across 3 grants in 2025, according to its 2025 IRS Form 990.
What is Restored Inc's typical grant size?
Restored Inc's median grant in 2025 was $9,500, and its average grant was $123,333, across 3 grants on its 2025 IRS Form 990.
Where does Restored Inc give grants?
Restored Inc gives mostly in Indiana: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Demotte, IN (2 grants).
Does Restored Inc give general operating support?
Yes: 67% of Restored Inc's 2025 grants with a stated purpose (2 of 3) were for general or operating support, per its 2025 IRS Form 990.
How large is Restored Inc?
Restored Inc reported $435K in total assets on its 2025 IRS Form 990. Its revenue that year was $840K.
What is Restored Inc's EIN?
Restored Inc's EIN (Employer Identification Number) is 87-2340624. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-EZ for fiscal year 2021 (received by the IRS May 2, 2022)
- Updated Form 990 for fiscal year 2025 (received by the IRS March 2, 2026)
Other open foundation grants in Indiana
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Restored Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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