Restore Nyc Inc
Restore Nyc Inc consistently allocates over 90% of expenses to programs with no reported officer compensation.
EIN: 202390142 · New York, NY · NTEE: P80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.0M |
| Total Expenses | $5.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $3.5M |
| Transparency Score | 95/100 |
Is Restore Nyc Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Restore Nyc Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Restore Nyc Inc
Restore Nyc Inc (EIN: 202390142) is a nonprofit organization based in New York, NY, classified under NTEE code P80. The organization reported total revenue of $7.0M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Restore Nyc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Restore Nyc Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 24.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.2M |
| Total Expenses | $5.1M |
| Surplus / Deficit | +$53K |
| Total Assets | $3.7M |
| Total Liabilities | $189K |
| Net Assets | $3.5M |
| Operating Margin | 1.0% |
| Debt-to-Asset Ratio | 5.1% |
| Months of Reserves | 8.5 months |
Financial Health Grade: A
In 2023, Restore Nyc Inc reported a surplus of $53K with revenue exceeding expenses, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 5.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Restore Nyc Inc's revenue has grown at a compound annual growth rate (CAGR) of 24.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.3% | +7.1% | +2.3% |
| 2022 | -17.6% | -0.3% | -16.1% |
| 2021 | -0.9% | +20.8% | +4.7% |
| 2020 | +31.4% | +19.7% | +78.1% |
| 2019 | +56.6% | +51.8% | +33.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Restore Nyc Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Restore Nyc Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $53K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.1%.
Executive Compensation Analysis
Restore Nyc Inc consistently reports 0% officer compensation across all available filings, which is exceptional for an organization with annual revenues exceeding $5 million, indicating a strong commitment to directing funds towards its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Restore Nyc Inc:
- High program spending ratio (e.g., 90% in 2023)
- Consistent reporting of 0% officer compensation
- Strong and sustained revenue growth over the past decade
- Healthy asset-to-liability ratio ($3,666,160 assets vs. $188,557 liabilities in 2023)
- Positive net income in most recent fiscal years
Frequently Asked Questions about Restore Nyc Inc
Is Restore Nyc Inc a legitimate charity?
Restore Nyc Inc (EIN: 202390142) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.0M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Restore Nyc Inc spend its money?
Restore Nyc Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Restore Nyc Inc tax-deductible?
Restore Nyc Inc is registered as a tax-exempt nonprofit (EIN: 202390142). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Restore Nyc Inc CEO make?
Restore Nyc Inc's highest-compensated officer earns $5 annually. The organization reported $7.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Restore Nyc Inc's spending goes to programs?
Restore Nyc Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Restore Nyc Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Restore Nyc Inc is above average for NTEE category P80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Restore Nyc Inc located?
Restore Nyc Inc is headquartered in New York, New York and files with the IRS under EIN 202390142. It is classified under NTEE code P80.
How many years of IRS 990 filings does Restore Nyc Inc have?
Restore Nyc Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $7.0M in total revenue.
Is Restore Nyc Inc a good charity?
Based on its financial data, Restore Nyc Inc appears to be a very good charity. It consistently allocates a high percentage of its expenses to programs (e.g., 90% in 2023) and reports no officer compensation, demonstrating strong financial efficiency and a clear focus on its mission.
How has Restore Nyc Inc's revenue grown over time?
Restore Nyc Inc has shown significant revenue growth, increasing from $926,967 in 2014 to $5,202,967 in 2023, indicating strong and sustained donor support.
What is Restore Nyc Inc's approach to executive compensation?
Restore Nyc Inc has reported 0% officer compensation in all available IRS 990 filings, which is a highly transparent and mission-focused approach, ensuring funds are directed to programs rather than executive salaries.
Filing History
IRS 990 filing history for Restore Nyc Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Restore Nyc Inc's revenue has grown by 1325.2%, moving from $365K to $5.2M. Total assets increased by 1064.3% over the same period, from $315K to $3.7M. Total functional expenses rose by 1294.3%, from $369K to $5.1M. In its most recent filing year (2023), Restore Nyc Inc reported a surplus of $53K, with revenue exceeding expenses. The organization holds $189K in liabilities against $3.7M in assets (debt-to-asset ratio: 5.1%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.2M | $5.1M | $3.7M | $189K | — | View 990 |
| 2022 | $4.3M | $4.8M | $3.6M | $168K | — | View 990 |
| 2021 | $5.2M | $4.8M | $4.3M | $344K | — | — |
| 2020 | $5.2M | $4.0M | $4.1M | $536K | — | — |
| 2019 | $4.0M | $3.3M | $2.3M | $54K | — | View 990 |
| 2018 | $2.5M | $2.2M | $1.7M | $90K | — | View 990 |
| 2017 | $2.1M | $2.1M | $1.3M | $52K | — | View 990 |
| 2016 | $1.6M | $1.4M | $1.2M | $51K | — | View 990 |
| 2015 | $1.0M | $977K | $875K | $13K | — | View 990 |
| 2014 | $927K | $809K | $839K | $15K | — | View 990 |
| 2013 | $933K | $691K | $722K | $15K | — | View 990 |
| 2012 | $664K | $503K | $475K | $10K | — | View 990 |
| 2011 | $365K | $369K | $315K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.2M, expenses of $5.1M, and assets of $3.7M (revenue +22.3% year-over-year).
- 2022: Revenue of $4.3M, expenses of $4.8M, and assets of $3.6M (revenue -17.6% year-over-year).
- 2021: Revenue of $5.2M, expenses of $4.8M, and assets of $4.3M (revenue -0.9% year-over-year).
- 2020: Revenue of $5.2M, expenses of $4.0M, and assets of $4.1M (revenue +31.4% year-over-year).
- 2019: Revenue of $4.0M, expenses of $3.3M, and assets of $2.3M (revenue +56.6% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.2M, and assets of $1.7M (revenue +19.5% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.1M, and assets of $1.3M (revenue +30.6% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.4M, and assets of $1.2M (revenue +59.8% year-over-year).
- 2015: Revenue of $1.0M, expenses of $977K, and assets of $875K (revenue +9.6% year-over-year).
- 2014: Revenue of $927K, expenses of $809K, and assets of $839K (revenue -0.6% year-over-year).
- 2013: Revenue of $933K, expenses of $691K, and assets of $722K (revenue +40.5% year-over-year).
- 2012: Revenue of $664K, expenses of $503K, and assets of $475K (revenue +81.8% year-over-year).
- 2011: Revenue of $365K, expenses of $369K, and assets of $315K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Restore Nyc Inc:
Data Sources and Methodology
This transparency report for Restore Nyc Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.