Hospitality Industry Training And Education Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 523,297 | 424,255 | 99,042 | 39.7 | 46% |
| 2014 | 902,684 | 533,375 | 369,309 | 39.9 | 46% |
| 2015 | 972,968 | 660,496 | 312,472 | 37.7 | 50% |
| 2016 | 1,528,963 | 1,380,999 | 147,964 | 19.3 | 45% |
| 2017 | 1,739,333 | 1,830,018 | −90,685 | 13.9 | 47% |
| 2018 | 2,330,597 | 2,378,773 | −48,176 | 11.0 | 44% |
| 2019 | 1,940,677 | 2,178,954 | −238,277 | 11.8 | 46% |
| 2020 | 35,564,987 | 30,985,478 | 4,579,509 | 2.6 | 5% |
| 2021 | 24,436,867 | 26,323,478 | −1,886,611 | 2.2 | 4% |
| 2022 | 4,635,663 | 4,765,689 | −130,026 | 11.0 | 39% |
In its most recent public year (2022), this organization spent $130,026 more than it brought in. Its reserves stood at about 11 months of spending, down from 39.7 in 2013. Staff pay was 39% 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 2022. 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
Hospitality Industry Training And Education Fund's IRS filings as a feed — one entry per filing year, through 2022. 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