Hospitality Industry Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 165,926 | 121,242 | 44,684 | 11.6 | — |
| 2021 | 431,343 | 27,400 | 403,943 | 228.1 | 27% |
| 2022 | 63,562 | 89,123 | −25,561 | 67.0 | 7% |
| 2023 | 68,466 | 56,365 | 12,101 | 108.5 | 12% |
In its most recent public year (2023), this organization brought in $12,101 more than it spent. Its reserves stood at about 108.5 months of spending, up from 11.6 in 2020. Staff pay was 12% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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