Restorela-CDC
Nonprofit profile at a glance
- EIN
- 872684534
- IRS 990 coverage
- 2025–2025
- Forms available
- Form 990 2025, Form 990-N 2023
- Location
- Los Angeles, CA, USA
- Phone
- 2132716452
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Personal Social Services
Reported finances
- Revenue
- $317,776
- Expenses
- $293,633
- Assets
- $34,546
- Liabilities
- $4,288
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Marcela Palos (Co-Founder Executive Director)
Highest reported compensation
- Marcela Palos (Co-Founder Executive Director): $85,385 total reported compensation
- Jose Palos (Co-Founder Chief of Staff): $85,385 total reported compensation
- Maria Okon Chong (Secretary): $2,700 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 provide resources in affordable housing and small business support for lower- to moderate-income communities in the greater Los Angeles area, with a strong focus on serving the Spanish-speaking community.
What it reported doing in 2025
RestoreLA-CDC is rooted in the unwavering belieft that communities of color deserve equal access to economic opportunities and financial resource
Operating model
- Revenue model
- Donor-supported. 98% 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.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 29
- Transparency & Controls: 91
- Accountability: 72
- Sustainability: 29
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 21.1%; rating input score 21
- Program expense ratio: 24%; rating input score 24
- Fundraising efficiency: $116.56 raised per $1 spent on fundraising; rating input score 86; 86th percentile among comparable filings
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 15th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 7.6%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 0.12; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 59.1%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 21.1% of revenue deployed · 24% of spending went to programs
- Governance: 8 of 8 board members independent · 3 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $71K in reported program spending
- Leadership: top reported pay $85K · 8 people listed
- Consistency: 24 of 25 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- High — Financial Efficiency: Mission deployment rate scored 21/100.
- High — Financial Efficiency: Program expense ratio scored 24/100.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Sustainability: Operating margin scored 52/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.