RESTORATION AMERICA INC

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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

2002

Legal Domicile

Principal Officer

JOSEPH LYNAM

Phone

8477830232

Tax Period

2024-01-01 to 2024-12-31

RESTORATION AMERICA INC, founded in 2002, is a small nonprofit that reported $184K in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. Expenses of $363K exceeded revenue, resulting in a 98% operating deficit.

Mission

ASSIST FAMILIES AND COMMUNITIES WITH REVITALIZATION OF ABANDONED PROPERTIES, STABILIZE NEIGHBORHOODS AND ASSIST VETERANS, SENIORS AND LOW INCOME FAMILIIES TO FIND PERMANENT HOUSING SOLUTIONS

Program Service Accomplishments

Program 1

Expenses: $233,646

ASSIST FAMILIES AND COMMUNITIES WITH REVITALIZATION OF ABANDONED PROPERTIES, STABILIZE NEIGHBORHOODS AND ASSIST VETERANS, SENIORS AND LOW INCOME FAMILIIES TO FIND PERMANENT HOUSING SOLUTIONS

Program 2

Expenses: $14,635

HOUSING ADMINISTRATION

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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 $181,302

Program Service Revenue $2,280

Investment Income $4

Other Revenue $0

TOTAL REVENUE $183,586

Expense Breakdown

Grants Paid $0

Salaries & Benefits $222,022

Fundraising Expenses $0

Program Expenses $248,281

Other Expenses $141,151

TOTAL EXPENSES $363,173

Year-over-Year Comparison

	2024	2023	Change
Revenue	$183,586	$228,476	-0.2%
Expenses	$363,173	$457,366	-0.2%
Net Income	$-179,587	$-228,890	-0.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNA HILL	EXECUTIVE DI	N/A	Director	$0	$0	$0
JOSEPH LYNAM	PRESIDENT	N/A	Director	$0	$0	$0
SHARON PINSKY	TREASURER	N/A	Director	$0	$0	$0
SARAH WOLFE	SECRETARY	N/A	Director	$0	$0	$0

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
2024	$183,586	$363,173	$695,931	$-179,587
2023	$228,476	$457,366	$891,677	$-228,890
2022	$289,656	$408,276	$1,045,201	$-118,620
2021	$515,452	$393,128	$1,162,346	$122,324
2020	$272,796	$418,691	$1,053,978	$-145,895
2019	$-768,481	$1,074,146	$2,150,560	$-1,842,627
2018	$397,705	$1,407,364	$4,141,828	$-1,009,659