Illinois Restaurant Association Educational Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 399,417 | 451,099 | −51,682 | 19.3 | 35% |
| 2012 | 422,102 | 441,676 | −19,574 | 19.8 | 28% |
| 2013 | 659,820 | 562,049 | 97,771 | 18.6 | 21% |
| 2014 | 549,497 | 486,568 | 62,929 | 22.7 | 25% |
| 2015 | 486,847 | 471,289 | 15,558 | 22.8 | 26% |
| 2016 | 545,345 | 475,813 | 69,532 | 24.9 | 25% |
| 2017 | 446,240 | 462,386 | −16,146 | 26.2 | 14% |
| 2018 | 439,435 | 452,431 | −12,996 | 24.6 | 24% |
| 2019 | 439,920 | 478,579 | −38,659 | 24.5 | 24% |
| 2020 | 846,048 | 718,187 | 127,861 | 19.0 | 22% |
| 2021 | 610,840 | 473,788 | 137,052 | 33.1 | 33% |
| 2022 | 451,897 | 398,872 | 53,025 | 38.5 | 42% |
| 2023 | 487,658 | 421,927 | 65,731 | 39.9 | 46% |
In its most recent public year (2023), this organization brought in $65,731 more than it spent. Its reserves stood at about 39.9 months of spending, up from 19.3 in 2011. Staff pay was 46% of spending. $459,887 of its net assets are donor-restricted.
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
Illinois Restaurant Association Educational Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works