RESTORATION AMERICA INC

EIN: 363094229 501(c)(3)

CRYSTAL LAKE, IL

Total Revenue
$183,586
Total Expenses
$363,173
Total Assets
$695,931
Net Assets
$642,099
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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
IL
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

RESTORE AND RENEW FAMILIES BACK TO COMMUNITIES BY SERVING AS A CONDUIT OF HOUSING ASSISTANCE RESOURCES AS WELL AS EDUCATION AND PERMANENT HOUSING SOLUTIONS.

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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%)

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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

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Governance

Voting Members
3
Independent Members
3
Employees
4
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
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
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