R I Hospitality Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 300,337 | 285,966 | 14,371 | 9.2 | 56% |
| 2012 | 367,904 | 349,865 | 18,039 | 8.1 | 63% |
| 2013 | 270,622 | 335,395 | −64,773 | 6.3 | 68% |
| 2014 | 429,734 | 388,583 | 41,151 | 6.8 | 65% |
| 2015 | 356,961 | 369,578 | −12,617 | 6.5 | 60% |
| 2016 | 266,529 | 340,182 | −73,653 | 4.4 | 58% |
| 2017 | 190,388 | 216,520 | −26,132 | 5.9 | 55% |
| 2018 | 127,083 | 112,948 | 14,135 | 11.3 | 26% |
| 2019 | 106,813 | 105,498 | 1,315 | 13.4 | 30% |
| 2020 | 603,338 | 582,919 | 20,419 | 2.9 | 3% |
| 2021 | 115,560 | 102,159 | 13,401 | 19.1 | 26% |
| 2022 | 157,398 | 138,289 | 19,109 | 15.1 | 0% |
| 2023 | 219,579 | 248,761 | −29,182 | 7.7 | 0% |
In its most recent public year (2023), this organization spent $29,182 more than it brought in. Its reserves stood at about 7.7 months of spending, down from 9.2 in 2011. Staff pay was 0% of spending. $49,261 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
R I Hospitality Education Foundation'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