Nonprofit screen
Screen a listHospitality Industry Training & Education Fund
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$7.4Mrevenue
FY2024 · −70% in 3 yrs54staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−17.5%
Months of reserve0.5mo
Revenue growth (annualized)+21.4%
Middle half of peersMedianHospitality Industry Training & Education
Where the money goes FY2024 · $8.7M spent
Programs$6.9M79%Management and general$1.8M21%990 FY2024 · Part IX line 25
Worth checking2
Government grants fell 86% in FY2022
$24M in FY2021, $3.3M in FY2022.
990 Part VIIIDeficits in 2 of the last 3 years
−$130k in FY2022 and −$1.3M in FY2024. Cash covers 0.5 months, under the peer median of 4.2.
990 Part I and balance sheetIn its favor2
Strong governance
6 of 6 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 21% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohort5funders
$125ka year, last 3 years
67%from its largest funder
Funder’20’21’22’23Jobs for the Future IncNew in FY2023$250kHollywood Foreign Press AssociationOn and off$75kUnited Way IncOn and off$50kDonor-advised giftsDonors not disclosed$50k
FundedThrough a donor-advised fund