Restoration Project Inc

Nonprofit profile at a glance

EIN
043193346
IRS 990 coverage
2023–2025
Forms available
Form 990 2025
Location
Belmont, MA, USA
Phone
6174891000
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Vocational Rehabilitation

Official website

Reported finances

Revenue
$805,096
Expenses
$628,830
Assets
$779,835
Liabilities
$332,664

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • JEAN ELOISE NEWELL (PRESIDENT)

Highest reported compensation

  • JEAN ELOISE NEWELL (PRESIDENT): $69,983 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To restore neurologically impaired individuals to self-sustaining lives by providing remedial, transitional employment to facilitate recovery and reintegration in the community.

What it reported doing in 2025

Vocational rehabilitation program: the vocational rehabilitation program taught individuals with mental illnesses and brain injuries the crafts of furniture finishing and upholstering, and tasks in retail sales to give them the confidence and transferable work skills they'll need for success in their chosen occupations. In addition our thrift store allowed program participants to experience various aspects of retail operations and community involvement. The thrift shop sells donated clothing and household goods at discounted prices. The thrift shop is a community resource that provides shoppers with discounted prices and donors the opportunity to recycle items.thrift shop: the thrift store sells donated clothing and household goods at discounted prices. The thrift store is a community resource that provides shoppers with discounted prices and donors the opportunity to recycle items. The thrift store is located in a 3,500 square foot retail space in belmont and is open every day.

Operating model

Revenue model
Donor-supported. 94% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 51
  • Transparency & Controls: 92
  • Accountability: 55
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 51.7%; rating input score 52
  • Program expense ratio: 65.9%; rating input score 66
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 17th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 21.9%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 1.24; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.43; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 11.1%; rating input score 34; 34th percentile among comparable filings

Growth

  • Program expense growth: 11.1% per year; rating input score 100; 61st percentile among comparable filings
  • Revenue growth: 27.5% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 59.1% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 51.7% of revenue deployed · 65.9% of spending went to programs
  • Governance: 2 of 3 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $414K in reported program spending
  • Leadership: top reported pay $70K · 3 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 52/100.
  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • Moderate — Sustainability: Officer compensation ratio scored 34/100.