Civic Intelligence

Restoration Capital Fund Inc

EIN 11-3458791 • 501(c)3 • Brooklyn, NY

Profile

The purpose of the corporation is to raise funds, provide financial services to existing businesses and potential entrepreneurs and provide services that promote economic development in the community of Central Brooklyn, New York.

1368 Fulton StreetBrooklyn, NY 11216

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

79th percentile

0.10x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

51st percentile

-1.0%

Faster asset growth than 51% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets79th percentile

Assets

Down

$122,366

Down $2,594 (-2.1%) from 2022

Liabilities

Up

$12,588

Up $3,993 (+46%) from 2022

Net Assets

Down

$109,778

Down $6,587 (-5.7%) from 2022

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2022

Expenses

Down

$1,600

Down $1,346 (-46%) from 2022

Net Income

Up

-$1,600

Up $1,346 (+46%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth51st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2010: $439,113Liabilities 2010: $61,669Net Assets 2010: $377,4442010Assets 2011: $402,820Liabilities 2011: $39,991Net Assets 2011: $362,8292011Assets 2012: $324,180Liabilities 2012: $62,682Net Assets 2012: $261,4982012Assets 2013: $304,632Liabilities 2013: $18,476Net Assets 2013: $286,1562013Assets 2014: $553,767Liabilities 2014: $15,475Net Assets 2014: $538,2922014Assets 2015: $550,507Liabilities 2015: $15,475Net Assets 2015: $535,0322015Assets 2016: $552,608Liabilities 2016: $29,027Net Assets 2016: $523,5812016Assets 2017: $138,053Liabilities 2017: $3,500Net Assets 2017: $134,5532017Assets 2018: $137,893Liabilities 2018: $7,100Net Assets 2018: $130,7932018Assets 2019: $132,148Liabilities 2019: $5,250Net Assets 2019: $126,8982019Assets 2020: $130,598Liabilities 2020: $7,500Net Assets 2020: $123,0982020Assets 2021: $127,298Liabilities 2021: $3,848Net Assets 2021: $123,4502021Assets 2022: $124,960Liabilities 2022: $8,595Net Assets 2022: $116,3652022Assets 2024: $122,366Liabilities 2024: $12,588Net Assets 2024: $109,7782024

Highlighted filing

2024

Assets$122,366
Liabilities$12,588
Net Assets$109,778
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100K-$200KRevenue 2010: $32,729Expenses 2010: $125,822Net Income 2010: -$93,0932010Revenue 2011: $52,811Expenses 2011: $67,426Net Income 2011: -$14,6152011Revenue 2012: $3,251Expenses 2012: $104,582Net Income 2012: -$101,3312012Revenue 2013: $5,569Expenses 2013: $3,385Net Income 2013: $2,1842013Revenue 2014: $226Expenses 2014: $3,377Net Income 2014: -$3,1512014Revenue 2015: $252Expenses 2015: $3,512Net Income 2015: -$3,2602015Revenue 2016: $22,620Expenses 2016: $34,071Net Income 2016: -$11,4512016Revenue 2017: $57Expenses 2017: $4,232Net Income 2017: -$4,1752017Revenue 2018: $0Expenses 2018: $3,760Net Income 2018: -$3,7602018Revenue 2019: $30Expenses 2019: $3,925Net Income 2019: -$3,8952019Revenue 2020: $0Expenses 2020: $3,800Net Income 2020: -$3,8002020Revenue 2021: $500Expenses 2021: $100Net Income 2021: $4002021Revenue 2022: $0Expenses 2022: $2,946Net Income 2022: -$2,9462022Revenue 2024: $0Expenses 2024: $1,600Net Income 2024: -$1,6002024

Highlighted filing

2024

Revenue$0
Expenses$1,600
Net Income-$1,600
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$122,366
Liabilities
$12,588
Net assets
$109,778
Revenue
$0
Expenses
$1,600
Net income
-$1,600
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.22$0.13$1.10$0.00$0.02$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.25$0.09$1.16$0.00$0.03$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.27$0.04$1.23$0.01$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.31$0.08$1.23$0.00$0.04$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.32$0.05$1.27$0.00$0.04$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.38$0.07$1.31$0.00$0.04$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.38$0.04$1.35$0.00$0.04$0.04
2016Detailed filing. Detailed filing data is available for this year.$5.53$0.29$5.24$0.23$0.34$0.11
2015Detailed filing. Detailed filing data is available for this year.$5.51$0.15$5.35$0.00$0.04$0.03
2014Detailed filing. Detailed filing data is available for this year.$5.54$0.15$5.38$0.00$0.03$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.05$0.18$2.86$0.06$0.03$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.24$0.63$2.61$0.03$1.05$1.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.03$0.40$3.63$0.53$0.67$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.39$0.62$3.77$0.33$1.26$0.93
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Mission and Program Overview

Mission

The purpose of the corporation is to raise funds, provide financial services to existing businesses and potential entrepreneurs and provide services that promote economic development in the community of Central Brooklyn, New York.

Program Services

DescriptionGrantsExpenses
Other program services.--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Blondel PinnockPresident-$0--
Erika Irish BrownVice Chair-$0--
Filing and Contact Details

Filer

Filer Name
Restoration Capital Fund Inc
EIN
11-3458791
Phone
7186366900
Address
1368 Fulton Street, Brooklyn, NY 11216

Signing Officer

Name
Blondel A Pinnock
Title
President & CEO
Signed
2025-05-15
Discuss with paid preparer
Yes

Preparer

Firm
WatsonRice LLP
Address
31 West 34th Street 7006, New York, NY 10001
Preparer
Baruti Bediako CPA
Phone
2124477300
Supplemental Narrative

Additional Explanations

Other Assets.1

“Due from Affiliates - Beginning $122366 Due from Affiliates - Ending $122366”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $10988 Accounts Payable and Accrued Expenses - Ending $12588”

Raw XML Appendix126 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0FRANCILA CARLSON
IRS990EZ/BooksInCareOfDetail/PhoneNum07186366398
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01368 Fulton Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Brooklyn
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011216
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1600
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01600
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0122366
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0122366
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0111378
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0109778
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0111378
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0109778
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Blondel Pinnock
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Erika Irish Brown
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice Chair
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0122366
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0122366
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The purpose of the corporation is to raise funds, provide financial services to existing businesses and potential entrepreneurs and provide services that promote economic development in the community of Central Brooklyn, New York.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Other program services.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt010988
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt012588
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt01600
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt03182
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03682
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00810
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.99190
IRS990ScheduleA/PublicSupportTotal509Amt03682
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03182
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0500
IRS990ScheduleA/Total509Grp/TotalAmt03682
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03182
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0500
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03682
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Due from Affiliates - Beginning $122366 Due from Affiliates - Ending $122366
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Accounts Payable and Accrued Expenses - Beginning $10988 Accounts Payable and Accrued Expenses - Ending $12588
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Total Liabilities.1001
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Blondel A Pinnock
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Restoration Capital Fund Inc
ReturnHeader/Filer/BusinessNameControlTxt0REST
ReturnHeader/Filer/EIN0113458791
ReturnHeader/Filer/PhoneNum07186366900
ReturnHeader/Filer/USAddress/AddressLine1Txt01368 Fulton Street
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011216
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261726741
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WatsonRice LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt031 West 34th Street 7006
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New York
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010001
ReturnHeader/PreparerPersonGrp/PhoneNum02124477300
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Baruti Bediako CPA
ReturnHeader/ReturnTs02025-05-15T13:36:15-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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