Colorado · Nonprofit
COLORADO RESTAURANT FOUNDATION
COLORADO RESTAURANT FOUNDATION (Colorado) receives grants from 27 organizations whose IRS filings report $1,184,638 to it, the largest being XCEL ENERGY FOUNDATION ($650,250). 5 of them have funded it in more than one year.
- Revenue FY2024
- $1.7M
- Funders on record
- 27
- Grants received
- $1.2M
- Net assets
- $824k
What Colorado Restaurant Foundation does
Mission
The Colorado Restaurant Foundation is dedicated to providing access to education, skills and financial means to pursue a successful career in the food service and hospitality industries.
As stated on its FY2024 Form 990.
Programs
Prostart and apprenticeship programs: prostart is a high school education program that offers restaurant/hospitality management, culinary arts, and business economics curriculum and provides high school and college academic credit, scholarships, and paid work experience opportunities. Apprenticeship programs are competency-based apprenticeships designed for people of all ages committed to careers in the restaurant industry. Apprentices learn on-the-job training in specific culinary or management competencies coupled with classroom and/or self-paced instruction.
$995,742 spentof which $371,971 as grants$6,521 earned by the program89% of program spendingAssistance: the assistance program provides financial assistance to industry employees for unexpected illness, injury, natrual disaster, and mental health care.
$2,895 spentof which $2,685 as grants0% of program spendingSpecial events:special events are held to recognize the accomplishments of program participants. Primary events held each year are the scholarship awards and prostart student invitational. The scholarship award event is held to recognize scholarship recipients in the prostart programs who are pursuing secondary education in the field. The colorado prostart student invitational and national prostart student invitational) are competitions where prostart students compete with their peers in other colorado high schools and with state winning teams from other states, respectively.
$70,637 spent$31,050 earned by the program6% of program spendingScholarships:the scholarship program provides scholarships to colorado prostart graduates and post-secondary undergraduates that are pursuing a college education in the foodservice and hospitality industries.
$44,942 spentof which $43,000 as grants4% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,114,216.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $1.1M to $3.8M (+230%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 37% · 2018 22% · 2019 42% · 2020 14% · 2021 73% · 2022 30% · 2023 47% · 2024 51%. Grants only. Government contracts and fees sit inside program revenue.
83% of COLORADO RESTAURANT FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Sonia Riggs
Executive director
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $0 → $10k.
4 of 27 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 7% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $1.4M from 6 payers (the payer shares this organization's board, largest The National Restaurant Association Educational Foundation). These are real filings, and they are not money COLORADO RESTAURANT FOUNDATION raised.
From the IRS filings of COLORADO RESTAURANT FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
COLORADO RESTAURANT FOUNDATION leans on a few funders — its largest provides 55% of grant income and the top three 80%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2018 50% · 2019 100% · 2020 76% · 2021 87% · 2022 50% · 2023 75% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
12% of COLORADO RESTAURANT FOUNDATION's funders are still giving 3 years after their first grant; 19% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
COLORADO RESTAURANT FOUNDATION draws 67% of its grant income from funders outside Colorado, across 12 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $88k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
COLORADO RESTAURANT FOUNDATION has grown faster than half of the 11,752 education nonprofits its size.
this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024
Organizations like COLORADO RESTAURANT FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Colorado
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
66% of spending goes to programs.
Governance
Public support
70%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Colorado Restaurant Association · exempt
Screen this organization
A dated, signed PDF of the compliance screen for COLORADO RESTAURANT FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds COLORADO RESTAURANT FOUNDATION?
- COLORADO RESTAURANT FOUNDATION (Colorado) receives grants from 27 organizations whose IRS filings report $1,184,638 to it, the largest being XCEL ENERGY FOUNDATION ($650,250). 5 of them have funded it in more than one year.
- How many funders does COLORADO RESTAURANT FOUNDATION have?
- IRS filings report 27 organizations giving $1,184,638 in grants to COLORADO RESTAURANT FOUNDATION, 5 of which have funded it in more than one year.
- Who is the largest funder of COLORADO RESTAURANT FOUNDATION?
- XCEL ENERGY FOUNDATION is the largest funder on record, with $650,250 in grants. The full list of funders is on this page.
- How can an organization like COLORADO RESTAURANT FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 27 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing