New York Restoration Project
- Assets
- $17.8m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 52
- Location
- New York, NY
- Founding
- 11/1997
- Data as of
- 09/2021
- EIN
- 13-3959056
Organization Overview
New York Restoration Project is located in New York, NY. The organization was established in 1997. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. As of 09/2021, New York Restoration Project employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Restoration Project is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, New York Restoration Project generated $5.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $6.1m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO TRANSFORM UNDERSERVED COMMUNITIES BY CREATING A GREENER, MORE SUSTAINABLE NEW YORK CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FISCAL YEAR 2021, NEW YORK RESTORATION PROJECT BROUGHT UNDER-RESOURCED NEIGHBORHOODS GREATER ENVIRONMENTAL AND SOCIAL JUSTICE THROUGH THE CREATION OF NEW GARDENS, AND THE SUSTAINED CARE, MAINTENANCE AND PROGRAMMING IN COMMUNITY GARDENS AND PUBLIC PARKLAND IN THE LEAST GREEN AND MOST ECONOMICALLY DEPRESSED NEIGHBORHOODS IN NEW YORK CITY. IN RESPONSE TO THE HEALTH AND ECONOMIC DEVASTATION OF COVID-19 IN LOW-INCOME COMMUNITIES, WE INITIATED AN URBAN AGRICULTURE PROGRAM TO SUPPORT AND DEVELOP THE SKILLS FOR FAMILIES TO GROW THEIR OWN FRESH FRUIT AND VEGETABLES AND MAXIMIZE THEIR YIELDS. WE HAVE CONTINUED OUR COMMITMENT TO FREE HEALTH AND FITNESS PROGRAMS IN ADDITION TO A ROBUST SEASON OF ARTS PROGRAMMING HOSTED IN THE COMMUNITY GARDENS AND PARKS WE MAINTAIN AND SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn B Kelly Executive Director | Officer | 40 | $287,861 |
Erica A Helms Chief Advancement Officer | Officer | 40 | $218,580 |
Catherine Hall-Betterton Svp, Chief Operating Officer | Officer | 40 | $216,798 |
Gary R Dearborn Chief Of Capital | Officer | 40 | $165,129 |
Timothy P Domini Chief Financial Officer (thru Mar 2021) | Officer | 40 | $150,073 |
Jason Osher Deputy Director Of Development (thru Mar 2021) | 40 | $112,620 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Artisan Gardens Llc Landscape Construction | 9/29/21 | $335,065 |
Thomas Cardullo Inc Construction | 9/29/21 | $335,046 |
Gvg Contracting Corp Construction | 9/29/21 | $131,230 |
Buckley Hall Events Event Planning | 9/29/21 | $110,851 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,255,405 |
| Related organizations | $0 |
| Government grants | $872,485 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,427,489 |
| Noncash contributions included in lines 1a–1f | $148,674 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,555,379 |
| Total Program Service Revenue | $0 |
| Investment income | $98,272 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $321,586 |
| Net Income from Fundraising Events | -$378,138 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,638,155 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,077,641 |
| Compensation of current officers, directors, key employees. | $143,685 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,972,945 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $347,398 |
| Payroll taxes | $261,003 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $192,000 |
| Fees for services: Investment Management | $34,448 |
| Fees for services: Other | $363,648 |
| Advertising and promotion | $12,607 |
| Office expenses | $274,183 |
| Information technology | $216,263 |
| Royalties | $0 |
| Occupancy | $201,738 |
| Travel | $34,284 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,549 |
| Interest | $22,004 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $383,191 |
| Insurance | $120,546 |
| All other expenses | $8,557 |
| Total functional expenses | $6,098,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $236,865 |
| Savings and temporary cash investments | $1,054,653 |
| Pledges and grants receivable | $145,843 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $352,708 |
| Net Land, buildings, and equipment | $11,003,406 |
| Investments—publicly traded securities | $4,906,141 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $60,615 |
| Total assets | $17,760,231 |
| Accounts payable and accrued expenses | $173,965 |
| Grants payable | $0 |
| Deferred revenue | $611,128 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,288,771 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,073,864 |
| Net assets without donor restrictions | $10,821,190 |
| Net assets with donor restrictions | $4,865,177 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,760,231 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that New York Restoration Project has recieved totaling $32,000.
| Awarding Organization | Amount |
|---|---|
Farvue Foundation Inc Washington, DC PURPOSE: SUPPORT | $20,000 |
A Woodner Fund Inc New York, NY PURPOSE: COMMUNITY GARDENS | $10,000 |
The Fullgraf Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
C A L Foundation Inc New York, NY PURPOSE: GENERAL PURPOSES | $1,000 |
Endowment Analysis
| Beg. Balance | $3,135,493 |
| Earnings | $459,129 |
| Other Expense | $150,000 |
| Ending Balance | $3,444,622 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fairmount Park Conservancy Philadelphia, PA | $18,681,659 | $13,830,460 |
Keep America Beautiful Inc Stamford, CT | $6,867,452 | $5,357,757 |
New York Restoration Project New York, NY | $17,760,231 | $5,638,155 |
Nurture Nature Foundation New York, NY | $30,506,291 | $2,642,254 |
The Greenwood Gardens & Nature Short Hills, NJ | $30,406,289 | $2,445,108 |
Friends Of Derry Township Parks & Recreation Hershey, PA | $223,882 | $913,516 |
Greater Newark Conservancy Inc Newark, NJ | $13,066,036 | $2,115,520 |
Wethersfield Foundation Inc Amenia, NY | $44,341,605 | $3,639,809 |
Terracorps Inc Lowell, MA | $871,956 | $1,570,866 |
Friends Of The Pittsburgh Urban Forest Pittsburgh, PA | $3,690,341 | $1,725,352 |
Design Trust For Public Space Inc New York, NY | $2,416,344 | $3,238,139 |
Rockaway Waterfront Alliance Inc Far Rockaway, NY | $3,824,993 | $1,308,844 |