RESTORE NEIGHBORHOODS LA INC (EIN 264142930) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

JOHN PERFITT

Phone

2132701720

Tax Period

2024-07-01 to 2025-06-30

RESTORE NEIGHBORHOODS LA INC, founded in 2008, is a small nonprofit in the Housing & Shelter sector that reported $944K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $1.4M exceeded revenue, resulting in a 44% operating deficit.

Mission

TO STABILIZE NEIGHBORHOODS BY PLACING FORECLOSED AND VACANT DWELLING UNITS BACK IN USE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $320

Program Service Revenue $781,438

Investment Income $0

Other Revenue $162,678

TOTAL REVENUE $944,436

Expense Breakdown

Grants Paid $0

Salaries & Benefits $309,065

Fundraising Expenses $0

Program Expenses $1,209,291

Other Expenses $1,055,228

TOTAL EXPENSES $1,364,293

Year-over-Year Comparison

	2024	2023	Change
Revenue	$944,436	$1,047,707	-0.1%
Expenses	$1,364,293	$1,019,797	+0.3%
Net Income	$-419,857	$27,910	-16.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$239,251

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN FALCON	BOARD CHAIR	1.00	Director	$0	$0	$0
PAUL FREESE	BOARD DIRECTOR	1.00	Director	$0	$0	$0
MOTT SMITH	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN PERFITT	EXECUTIVE DIRECTOR	25.00	Officer	$239,251	$0	$239,251

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$944,436	$1,364,293	$3,895,848	$-419,857
2024	$1,047,707	$1,019,797	$4,246,624	$27,910
2023	$424,610	$770,907	$4,829,910	$-346,297
2022	$890,412	$952,398	$7,259,794	$-61,986
2021	$169,952	$558,120	$6,363,116	$-388,168
2020	$1,136,999	$683,823	$5,253,080	$453,176
2019	$660,116	$939,337	$2,775,918	$-279,221
2018	$3,235,730	$3,351,346	$4,659,044	$-115,616

RESTORE NEIGHBORHOODS LA INC