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Nonprofit · EIN 26-4142930

RESTORE NEIGHBORHOODS LA INC

Tax-exempt · GRANADA HILLS, CA 91344

Financials

$425K$771K2022$1M$1M2023$944K$1.4M2024
Revenue Expenses · by fiscal year end
Financials of RESTORE NEIGHBORHOODS LA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$944,436$1,364,293-$419,857$3,895,848$5,073,222-$1,177,374
June 30, 2024990$1,047,707$1,019,797$27,910$4,246,624$5,028,815-$782,191
June 30, 2023990$424,610$770,907-$346,297$4,829,910$5,633,287-$803,377
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$320
Program service revenue
$781,438
Investment income
$0
Net rental income
$144,851
Other revenue
$162,678

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$192,000
Other salaries and wages
$90,465
Salaries, compensation and benefits (total)
$309,065
Professional fundraising fees
$0
Legal fees
$12
Accounting fees
$43,470
Depreciation
$42,636
Program services (functional)
$1,209,291
Management and general (functional)
$155,002

Balance sheet and other

Total assets, start of year
$4,246,624
Total assets, end of year
$3,895,848
Total liabilities, end of year
$5,073,222
Net assets, end of year
-$1,177,374
Land, buildings and equipment
$1,324,261
Net assets without donor restrictions
-$1,177,374
Gross receipts
$944,436
Employees
1
Volunteers
0
Year formed
2008
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOHN PERFITTEXECUTIVE DIRECTOR
Officer
25$239,251
DAN FALCONBOARD CHAIR
Trustee or director
1$0
PAUL FREESEBOARD DIRECTOR
Trustee or director
1$0
MOTT SMITHTREASURER
Trustee or director, Officer
1$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
JOHN PERFITTEXECUTIVE DIRECTOR
Officer
25$191,200
DAN FALCONBOARD CHAIR
Trustee or director
1$0
PAUL FREESEBOARD DIRECTOR
Trustee or director
1$0
MARGIE FRANCIABOARD SECRETARY
Trustee or director
1$0
MOTT SMITHTREASURER
Trustee or director, Officer
1$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensation
JOHN PERFITTEXECUTIVE DIRECTOR
Officer
25$189,200
DAN FALCONBOARD CHAIR
Trustee or director
1$0
PAUL FREESEBOARD DIRECTOR
Trustee or director
1$0
MARGIE FRANCIABOARD SECRETARY
Trustee or director
1$0
MOTT SMITHTREASURER
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
16925 DEVONSHIRE ST 128, GRANADA HILLS, CA 91344-7407
In care of
% JEFFREY SCHAFFER
Principal officer (990 for 2024)
JOHN PERFITT, 16925 DEVONSHIRE STREET 128, GRANADA HILLS, CA 91344
Signed the 990
JOHN PERFITT, EXECUTIVE DIRECTOR
Phone
(213) 270-1720
Return prepared by
NOVOGRADAC & COMPANY LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 26-4142930 or by the name RESTORE NEIGHBORHOODS LA INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

REDUCE BLIGHT AND CREATE AFFORDABLE HOMEOWNERSHIP AND RENTAL OPPORTUNITIES IN NEIGHBORHOODS THROUGHOUT LOS ANGELES AND SURROUNDING COUNTIES BY PURCHASING, REHABILITATING, SELLING AND/OR DISPOSING OF RESIDENTIAL PROPERTIES.

990 for the year ended June 30, 2025

Program accomplishments

  • SEE SCHEDULE O.
    Expenses $1,209,291 · revenue $944,116

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
26-4142930
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2010
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,895,848
Income (IRS master file)
$944,436

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$944,436$1,364,293$3,895,848IRS
990June 2024$1,047,707$1,019,797$4,246,624IRS
990June 2023$424,610$770,907$4,829,910XML
990June 2022$890,412$952,398$7,259,794IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-4142930).

Questions about RESTORE NEIGHBORHOODS LA INC

What is the EIN of RESTORE NEIGHBORHOODS LA INC?
The employer identification number (EIN) of RESTORE NEIGHBORHOODS LA INC is 26-4142930.
Is RESTORE NEIGHBORHOODS LA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to RESTORE NEIGHBORHOODS LA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RESTORE NEIGHBORHOODS LA INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RESTORE NEIGHBORHOODS LA INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RESTORE NEIGHBORHOODS LA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of RESTORE NEIGHBORHOODS LA INC?
The 990 for the year ended June 30, 2025 names JOHN PERFITT.
Who are the officers and directors of RESTORE NEIGHBORHOODS LA INC?
The 990 for the year ended June 30, 2025 lists 4 people; 1 received compensation from the organization, the highest $239,251 (JOHN PERFITT, EXECUTIVE DIRECTOR).
How much revenue does RESTORE NEIGHBORHOODS LA INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $944,436, expenses of $1,364,293 and total assets of $3,895,848 at year end.

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