Restore Oakland Inc
- Assets
- $1.0m
- Revenue
- $584.3k
- Investments
- $0.0
- Employees
- 6
- Location
- Oakland, CA
- Founding
- 07/2018
- Data as of
- 12/2023
- EIN
- 82-2143119
Organization Overview
Restore Oakland Inc is located in Oakland, CA. The organization was established in 2018. According to its NTEE Classification (I40) the organization is classified as: Rehabilitation Services for Offenders, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2023, Restore Oakland Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Restore Oakland Inc 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 12/2023, Restore Oakland Inc generated $584.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $922.9k during the year ending 12/2023. 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
OUR MISSION IS TO CREATE MODELS OF SAFE AND THRIVING COMMUNITIES AND ECONOMIES. OUR COMMUNITY SPACE BRINGS RESIDENTS OF EAST OAKLAND TOGETHER TO BUILD WHOLENESS, A SENSE OF SAFETY, AND DEMOCRATIC WEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTORE OAKLAND'S PROGRAMS ARE ROOTED IN THREE PILLARS OF WORK THAT HAVE DEVELOPED ORGANICALLY AND INTENTIONALLY IN DIRECT RESPONSE TO COMMUNITY NEED.COMMUNITY SPACES:WE ARE TURNING THE TIDES OF GENTRIFICATION IN THE BAY AREA, BY CREATING PERMANENT SPACES WHERE COMMUNITY MEMBERS CAN GATHER TO BE THEIR FULL SELVES AND DEEPEN RELATIONSHIPS. OUT PEACE ROOM IS DEDICATED TO HEALING JUSTICE CIRCLES AND CONFLICT TRANSFORMATION, HOLISTIC ALTERNATIVES TO THE TRAUMATIZING PUNISHMENT SYSTEM. OUR COMMUNITY CONFERENCE ROOMS ARE A SAFE PLACE FOR OAKLANDERS TO DREAM, ORGANIZE, AND ACT TOGETHER. WE OFFER THREE PUBLIC COMMUNITY CONFERENCE ROOMS.HEALING JUSTICE:WE BELIEVE THAT OUR COMMUNITIES HAVE THE CAPACITY TO PREVENT, RESPOND TO, AND HEAL FROM HARM - WITHOUT RELYING ON POLICING AND PUNISHMENT. WE ARE COMMITTED TO ORGANIZING TO DISMANTLE THE PRISON INDUSTRIAL COMPLEX WHILE ALSO BUILDING WAYS OF HEALING TOGETHER AND KEEPING EACH OTHER SAFE. OUR 4 AREAS OF WORK UNDER THIS PILLAR ARE COMMUNITY BUILDING CIRCLES, CIRCLE KEEPING TRAININGS, CONFLICT TRANSFORMATION PROCESSES, AND ORGANIZING. WE ORGANIZE FOR JAIL DECARCERATION AND COMMUNITY-BASED MENTAL HEALTHCARE THROUGH THE CARE FIRST COMMUNITY COALITION, OF WHICH RO IS A FOUNDING MEMBER AND BACKBONE ORGANIZATION.RESTORATIVE ECONOMICS:RESTORATIVE ECONOMICS CENTERS THE LEADERSHIP OF COMMUNITIES THAT HAVE BEEN MARGINALIZED BY A POLLUTING AND EXTRACTIVE ECONOMY, BY INVESTING IN COMMUNITY-OWNED AND COMMUNITY-GOVERNED PROJECTS THAT BRING RESIDENTS TOGETHER TO CREATE SHARED PROSPERITY AND SELF-DETERMINATION AND IN TURN BUILD COLLECTIVE COMMUNITY POWER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nwamaka Agbo Board Chair | OfficerTrustee | 1 | $0 |
Jessamyn Sabbag Board Member | Trustee | 1 | $0 |
Cinthya Munoz Board Member | Trustee | 1 | $0 |
Geetika Agrawal Board Member | Trustee | 1 | $0 |
Vivian Yi Huang Board Member | Trustee | 1 | $0 |
Jennifer Alejo Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $546,588 |
| Noncash contributions included in lines 1a–1f | $5,228 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $546,588 |
| Total Program Service Revenue | $37,655 |
| Investment income | $14 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $584,257 |
| 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. | $112,367 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $422,624 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $64,293 |
| Payroll taxes | $40,740 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,233 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $101,568 |
| Advertising and promotion | $14,396 |
| Office expenses | $64,146 |
| Information technology | $14,438 |
| Royalties | $0 |
| Occupancy | $25,218 |
| Travel | $1,925 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,030 |
| All other expenses | $0 |
| Total functional expenses | $922,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $356,640 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,737 |
| 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 | $3,767 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $684,586 |
| Intangible assets | $0 |
| Other assets | $2,435 |
| Total assets | $1,049,165 |
| Accounts payable and accrued expenses | $73,948 |
| Grants payable | $0 |
| Deferred revenue | $356,525 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $430,473 |
| Net assets without donor restrictions | $337,167 |
| Net assets with donor restrictions | $281,525 |
| 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 | $1,049,165 |