New York Restoration Project
- Assets
- $16.9m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 60
- Location
- New York, NY
- Founding
- 11/1997
- Data as of
- 09/2023
- 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 09/2023, New York Restoration Project employed 60 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 09/2023, New York Restoration Project generated $7.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $7.9m during the year ending 09/2023. 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
2023
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 FY2023, NEW YORK RESTORATION PROJECT DELIVERED CRITICAL RESOURCES TO HISTORICALLY UNDERSERVED NEIGHBORHOODS. THESE COMMUNITIES HAVE SUFFERED FROM LONG-STANDING ENVIRONMENTAL AND SOCIAL INJUSTICES. THROUGH THE CREATION OF NEW GARDENS, TREE GIVEAWAYS, AND THE SUSTAINED CARE AND PROGRAMMING OF COMMUNITY GARDENS AND PUBLIC PARKS, WE PROVIDE ACCESS TO QUALITY GREEN SPACE CITYWIDE. POST-PANDEMIC, COMMUNITIES IN NEW YORK CITY CONTINUE TO SUFFER FROM ADVERSE HEALTH IMPACTS, FOOD INSECURITY AND LACK OF RESOURCES. NYRP EXPANDED ITS URBAN AGRICULTURE PROGRAM TO COMBAT FOOD INSECURITY, AND INCREASED ITS FREE HEALTH, FITNESS AND CULTURAL PROGRAMS IN THE COMMUNITY GARDENS AND PARKS WE MAINTAIN AND SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bette Midler Founder | OfficerTrustee | 5 | $0 |
Helena Durst Co-Chair | OfficerTrustee | 3 | $0 |
Darcy A Stacom Co-Chair | OfficerTrustee | 3 | $0 |
Vered Rabia President | OfficerTrustee | 3 | $0 |
Erhard Marius Treasurer | OfficerTrustee | 3 | $0 |
Samuel Ashner Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cipriani South Street Gala/event Services | 9/29/23 | $223,663 |
10 South Street Operator Llc Staging & Audio/visual | 9/29/23 | $109,575 |
W Douglas Wingo Inc Fundraising Consulting | 9/29/23 | $108,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,625,864 |
| Related organizations | $0 |
| Government grants | $462,316 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,012,147 |
| Noncash contributions included in lines 1a–1f | $138,128 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,100,327 |
| Total Program Service Revenue | $0 |
| Investment income | $162,367 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,821,276 |
| Net Income from Fundraising Events | -$378,832 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,743,188 |
| 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. | $1,251,488 |
| Compensation of current officers, directors, key employees. | $318,362 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,526,007 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $444,117 |
| Payroll taxes | $336,182 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $859 |
| Fees for services: Accounting | $41,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $195,860 |
| Fees for services: Investment Management | $36,631 |
| Fees for services: Other | $381,586 |
| Advertising and promotion | $1,116 |
| Office expenses | $245,826 |
| Information technology | $172,285 |
| Royalties | $0 |
| Occupancy | $235,136 |
| Travel | $4,972 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,925 |
| Interest | $158,756 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $831,274 |
| Insurance | $297,830 |
| All other expenses | $2,388 |
| Total functional expenses | $7,940,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $336,013 |
| Savings and temporary cash investments | $361,103 |
| Pledges and grants receivable | $573,900 |
| 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 | $372,757 |
| Net Land, buildings, and equipment | $9,583,784 |
| Investments—publicly traded securities | $5,188,695 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $454,208 |
| Total assets | $16,870,460 |
| Accounts payable and accrued expenses | $300,270 |
| Grants payable | $0 |
| Deferred revenue | $1,272,735 |
| 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 | $968,853 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $480,236 |
| Total liabilities | $3,022,094 |
| Net assets without donor restrictions | $9,420,379 |
| Net assets with donor restrictions | $4,427,987 |
| 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 | $16,870,460 |