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Nonprofiteer
← MASSACHUSETTS RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION

Form 990 for tax year 2023

Filed by MASSACHUSETTS RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION.

Totals

Total revenue
$493,217
Total expenses
$363,448
Contributions and grants received
$462,424
Grants paid
$101,500
Program service revenue
$17,953
Investment income
$10,300
Other revenue
$2,540
Total assets, end of year
$1,055,620
Total liabilities, end of year
$43,770
Net assets or fund balances, end of year
$1,011,850
Program services expenses (Part IX)
$271,155
Management and general expenses
$45,158
Fundraising expenses
$47,135
Program service expenses (Part III)
$271,155

Program services were 74.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $462,424

  • 2a · Program service revenue: SPONSORSHIP - OTHER

    total $6,750 · related or exempt $6,750

  • 2b · Program service revenue: SERV/SAFE - SANITATION

    total $4,145 · related or exempt $4,145

  • 2c · Program service revenue: SERV/SAFE - ALCOHOL

    total $3,775 · related or exempt $3,775

  • 2d · Program service revenue: CLASSES AND OTHER INCOME

    total $2,865 · related or exempt $2,865

  • 2e · Program service revenue: EDUCATION SUMMIT

    total $418 · related or exempt $418

  • 3 · Investment income

    total $10,450 · excluded $10,450

  • 7a · Gross sales of assets other than inventory

    securities $109,880

  • 7b · Less cost or other basis and sales expenses

    securities $110,030

  • 7c · Gain or loss

    securities -$150

  • 7d · Net gain or loss

    total -$150 · excluded -$150

  • 10a · Gross sales of inventory

    $2,540

  • 10c · Net income from sales of inventory

    total $2,540 · related or exempt $2,540

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $101,500 · program services $101,500

  • 11c · Fees: accounting

    total $14,200 · program services $11,360 · management and general $2,840

  • 11f · Fees: investment management

    total $3,011 · management and general $3,011

  • 13 · Office expenses

    total $4,901 · program services $3,921 · management and general $980

  • 16 · Occupancy

    total $5,800 · management and general $5,800

  • 17 · Travel

    total $3,687 · program services $1,228 · management and general $2,459

  • 19 · Conferences, conventions and meetings

    total $16,285 · program services $16,285

  • 24a · Other expenses: ALLOCATED EXPENSES - MRA

    total $140,251 · program services $77,401 · management and general $28,050 · fundraising $34,800

  • 24b · Other expenses: PROSTART COMPETITION

    total $48,977 · program services $48,977

  • 24c · Other expenses: PUBLIC RELATIONS

    total $12,335 · fundraising $12,335

  • 24d · Other expenses: CREDIT CARD DISCOUNTS

    total $3,007 · program services $3,007

  • 24e · All other expenses

    total $9,494 · program services $7,476 · management and general $2,018

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $457,409 · end of year $437,552

  • 4 · Accounts receivable

    beginning of year $1,014 · end of year $58,719

  • 7 · Other notes and loans receivable

    beginning of year $12,824 · end of year $112,878

  • 8 · Inventories for sale or use

    beginning of year $5,069 · end of year $5,213

  • 9 · Prepaid expenses and deferred charges

    end of year $12,714

  • 11 · Investments: publicly traded securities

    beginning of year $380,079 · end of year $428,544

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,839 · end of year $43,770

  • 27 · Net assets without donor restrictions

    beginning of year $692,947 · end of year $848,741

  • 28 · Net assets with donor restrictions

    beginning of year $147,609 · end of year $163,109

Mission and programs · 2023

Mission

EDUCATIONAL PROGRAMS FOR HIGH SCHOOL STUDENTS AND DEVELOPMENT AND CONTINUING EDUCATION FOR MEMBERS OF THE FOOD SERVICE INDUSTRY.

  • THE FOUNDATION ADMINISTERS THE PROSTART EDUCATION PROGRAM IN 23 HIGH SCHOOLS THROUGHOUT MASSACHUSETTS. PROFESSIONAL DEVELOPMENT DAYS FOR THE TEACHERS AS WELL AS CLASSROOM SUPPORT IS PROVIDED. THE EDUCATIONAL NEED OF MEMBERS ARE MET THROUGH CLASSES IN SAVING ENERGY, GOING GREEN, BASIC ACCOUNTING, SERVICE, SOCIAL MEDIA MARKETING, MARKETING, ETC. THE FOUNDATION ALSO PRODUCES EIGHT SEMINARS AT THE ANNUAL NEW ENGLAND FOOD SHOW AND OFFERS A MANAGEMENT SYMPOSIUM EVERY OTHER YEAR.

    Expenses $271,155 · Grants $101,500

As filed on the 2023 return.

Listed in Part VII

  • Karen Coleman

    PRESIDENT

    Total calculated
    $0
  • Stephen Clark

    EXECUTIVE DI

    Total calculated
    $0
  • Jeff Gates

    PAST CHAIRMA

    Total calculated
    $0
  • Alan Marcus

    TREASURER

    Total calculated
    $0
  • Todd Snopkowski

    VICE PRESIDE

    Total calculated
    $0
  • John Carlino

    FIRST VICE P

    Total calculated
    $0
  • Pat Bando

    DIRECTOR

    Total calculated
    $0
  • Nick Calias

    DIRECTOR

    Total calculated
    $0
  • Nancy Defina

    DIRECTOR

    Total calculated
    $0
  • James Griffin

    DIRECTOR

    Total calculated
    $0
  • Patricia Ivatts

    DIRECTOR

    Total calculated
    $0
  • Brenda Kelly

    DIRECTOR

    Total calculated
    $0
  • Bryan Oglesby

    DIRECTOR

    Total calculated
    $0
  • Nicole Olivier

    DIRECTOR

    Total calculated
    $0
  • Barbara Peckham

    DIRECTOR

    Total calculated
    $0
  • Kim Wallace

    DIRECTOR

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
5 May 2025
IRS schema version
2023v6.0
Source object
202521279349301517

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