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Nonprofiteer
← MASSACHUSETTS RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION

Form 990 for tax year 2024

Filed by MASSACHUSETTS RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION.

Totals

Total revenue
$435,921
Total expenses
$445,950
Contributions and grants received
$395,764
Grants paid
$123,707
Program service revenue
$17,440
Investment income
$20,798
Other revenue
$1,919
Total assets, end of year
$1,044,547
Total liabilities, end of year
$15,048
Net assets or fund balances, end of year
$1,029,499
Program services expenses (Part IX)
$348,779
Management and general expenses
$50,314
Fundraising expenses
$46,857
Program service expenses (Part III)
$348,779

Program services were 78.2% 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

    $395,764

  • 2a · Program service revenue: SPONSORSHIP - OTHER

    total $9,000 · related or exempt $9,000

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

    total $5,450 · related or exempt $5,450

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

    total $2,990 · related or exempt $2,990

  • 3 · Investment income

    total $11,261 · excluded $11,261

  • 7a · Gross sales of assets other than inventory

    securities $115,481

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

    securities $105,944

  • 7c · Gain or loss

    securities $9,537

  • 7d · Net gain or loss

    total $9,537 · related or exempt $9,537

  • 10a · Gross sales of inventory

    $2,319

  • 10c · Net income from sales of inventory

    total $2,319 · related or exempt $2,319

  • 11a · Other revenue: EDUCATION SUMMIT INCOME (NET)

    total -$400 · related or exempt -$400

  • 11e · Other revenue, total

    -$400

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $123,707 · program services $123,707

  • 11c · Fees: accounting

    total $15,393 · program services $12,314 · management and general $3,079

  • 11f · Fees: investment management

    total $4,860 · management and general $4,860

  • 13 · Office expenses

    total $4,790 · program services $3,832 · management and general $958

  • 16 · Occupancy

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

  • 17 · Travel

    total $3,988 · program services $1,633 · management and general $2,355

  • 19 · Conferences, conventions and meetings

    total $10,036 · program services $10,036

  • 24a · Other expenses: ALLOCATED EXPENSES - MRA

    total $156,286 · program services $85,579 · management and general $31,257 · fundraising $39,450

  • 24b · Other expenses: PROSTART COMPETITION

    total $58,167 · program services $58,167

  • 24c · Other expenses: SHELTER GRANT EXPENSES

    total $25,640 · program services $25,640

  • 24d · Other expenses: CAREER EXPO EXPENSES

    total $14,151 · program services $14,151

  • 24e · All other expenses

    total $23,132 · program services $13,720 · management and general $2,005 · fundraising $7,407

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $437,552 · end of year $324,177

  • 4 · Accounts receivable

    beginning of year $58,719 · end of year $24,304

  • 7 · Other notes and loans receivable

    beginning of year $112,878 · end of year $239,755

  • 8 · Inventories for sale or use

    beginning of year $5,213 · end of year $4,527

  • 9 · Prepaid expenses and deferred charges

    beginning of year $12,714

  • 11 · Investments: publicly traded securities

    beginning of year $428,544 · end of year $451,784

  • 17 · Accounts payable and accrued expenses

    beginning of year $43,770 · end of year $15,048

  • 27 · Net assets without donor restrictions

    beginning of year $848,741 · end of year $876,990

  • 28 · Net assets with donor restrictions

    beginning of year $163,109 · end of year $152,509

Mission and programs · 2024

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 $348,779 · Grants $123,707

As filed on the 2024 return.

Listed in Part VII

  • Kim Wallace

    PRESIDENT

    Total calculated
    $0

  • Nick Calias

    VICE PRESIDE

    Total calculated
    $0

  • Peggy Dickinson

    TREASURER

    Total calculated
    $0

  • Andy Husbands

    FIRST VICE P

    Total calculated
    $0

  • John Carlino

    IMMEDIATE PA

    Total calculated
    $0

  • Rick McKinney

    PROSTART ED

    Total calculated
    $0

  • Camila Hennessey

    MLRA ADVISOR

    Total calculated
    $0

  • Pat Bando

    DIRECTOR

    Total calculated
    $0

  • Bill Callaghan

    DIRECTOR

    Total calculated
    $0

  • Kelly Caralis

    DIRECTOR

    Total calculated
    $0

  • Melanie Eaton

    DIRECTOR

    Total calculated
    $0

  • James Griffin

    DIRECTOR

    Total calculated
    $0

  • Patricia Ivatts

    DIRECTOR

    Total calculated
    $0

  • Eric Leblanc

    DIRECTOR

    Total calculated
    $0

  • Tim McGee

    DIRECTOR

    Total calculated
    $0

  • Nicole Olivier

    DIRECTOR

    Total calculated
    $0

  • Bryan Oglesby

    DIRECTOR

    Total calculated
    $0

  • Nina Reed

    DIRECTOR

    Total calculated
    $0

  • Sarah Wade

    DIRECTOR

    Total calculated
    $0

  • Stephen Clark

    EXECUTIVE DI

    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
2024
Filed
25 November 2025
IRS schema version
2024v5.0
Source object
202523389349300932

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