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Nonprofiteer
← PENNSYLVANIA RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION INC

Form 990 for tax year 2024

Filed by PENNSYLVANIA RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION INC.

Totals

Total revenue
$426,379
Total expenses
$337,851
Contributions and grants received
$343,950
Grants paid
$81,605
Program service revenue
$0
Investment income
$82,429
Other revenue
$0
Total assets, end of year
$1,341,065
Total liabilities, end of year
$8,425
Net assets or fund balances, end of year
$1,332,640
Program services expenses (Part IX)
$280,259
Management and general expenses
$57,592
Fundraising expenses
$0
Program service expenses (Part III)
$280,259

Program services were 83.0% 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

    $343,950

  • 3 · Investment income

    total $50,593 · excluded $50,593

  • 7a · Gross sales of assets other than inventory

    securities $78,598

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

    securities $46,762

  • 7c · Gain or loss

    securities $31,836

  • 7d · Net gain or loss

    total $31,836 · excluded $31,836

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $81,605 · program services $81,605

  • 11a · Fees: management

    total $47,394 · management and general $47,394

  • 11b · Fees: legal

    total $2,675 · management and general $2,675

  • 11c · Fees: accounting

    total $5,000 · management and general $5,000

  • 12 · Advertising and promotion

    total $350 · management and general $350

  • 13 · Office expenses

    total $7,686 · program services $7,493 · management and general $193

  • 17 · Travel

    total $5,734 · program services $5,734

  • 19 · Conferences, conventions and meetings

    total $4,212 · program services $4,212

  • 24a · Other expenses: RYRA

    total $84,765 · program services $84,765

  • 24b · Other expenses: EVENTS & COMPETITION

    total $28,763 · program services $28,763

  • 24c · Other expenses: PROSTART: SCHOOL SUPPORT

    total $17,723 · program services $17,723

  • 24d · Other expenses: BOOT CAMP

    total $17,559 · program services $17,559

  • 24e · All other expenses

    total $34,385 · program services $32,405 · management and general $1,980

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $118,113 · end of year $105,875

  • 4 · Accounts receivable

    beginning of year $10,839 · end of year $2,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $866 · end of year $4,950

  • 11 · Investments: publicly traded securities

    beginning of year $1,125,644 · end of year $1,228,240

  • 17 · Accounts payable and accrued expenses

    beginning of year $25,293 · end of year $5,400

  • 19 · Deferred revenue

    beginning of year $7,500 · end of year $3,025

  • 27 · Net assets without donor restrictions

    beginning of year $935,440 · end of year $997,825

  • 28 · Net assets with donor restrictions

    beginning of year $287,229 · end of year $334,815

Mission and programs · 2024

Mission

TO ADVANCE AND SUPPORT THE HOSPITALITY INDUSTRY IN PENNSYLVANIA BY PROVIDING EDUCATIONAL PROGRAMMING, SCHOLARSHIPS TO STUDENTS IN PENNSYLVANIA FOR SECONDARY STUDY AND EMERGENCY FUNDING TO HOSPITALITY WORKERS THROUGH ITS RELIEF FUND

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $50,869 · Grants $40,870

  • SUPPORT AND PROMOTE THE USE OF THE PROSTART EDUCATIONAL CURRICULUM IN PENNSYLVANIA SCHOOLS.

    Expenses $96,454

  • RESTAURANT YOUTH REGISTERED APPRENTICESHIP (RYRA) - CONNECTS INDIVIDUALS TO RESTAURANTS THROUGH INDUSTRY APPRENTICESHIPS IN SEVERAL DISCIPLINES. PROVIDES SUPPRT TO RESTAURANTS WITH RECRUITMENT, TRAINING AND RETENTION OF HIGHLY SKILLED WORKERS. PARTICIPANTS GAIN VALUABLE ON-THE-JOB TRAINING WHILE EARNING A U.S. DEPARTMENT OF LABOR APPROVED INDUSTRY CERTIFICATION.

    Expenses $84,765

  • WORKFORCE DEVELOPMENT - SEEKS TO IDENTIFY TRAINING RESOURCES AND PROGRAMS TO HELP WITH RECRUITING AND DEVELOPING INDUSTRY TALENT TO INVEST IN THE GROWTH AND SUPPORT OF THE PENNSYLVANIA HOSPITALITY INDUSTRY. WORKFORCE DEVELOPMENT EXPENSES TOTALD 7,436. HOSPITALITY ASSISTANCE RESPONSE OF PENNSYLVANIA (HARP) - PROVIDES EMERGENCY FUNDING TO HOSPITALITY WORKERS IN PENNSYLVANIA. FUNDED BY PRIVATE, COMMUNITY AND INDIVIDUAL DONATIONS, HARP WILL DISTRIBUTE ONE-TIME INDIVIDUAL GRANTS TO FRONT-LINE INDUSTRY EMPLOYEES DURING TIMES OF UNFORESEEN HARDSHIP. HARP EXPENSES TOTALED 40,735.

    Expenses $48,171 · Grants $40,735

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Joseph Massaro

    SECRETARY

    Total calculated
    $311,312
    From this org
    $0
    From related orgs
    $290,468
    Other
    $20,844
    Hours/week
    0.2 + 37.3 related

    Schedule J breakdown matched by us

    Base
    not reported + $264,843 related
    Bonus
    not reported + $25,625 related
    Other
    not reported
    Deferred
    not reported + $7,880 related
    Nontaxable benefits
    not reported + $12,964 related
    Filer's total
    not reported + $311,312 related
  • Benjamin Fileccia

    SENIOR VP

    Total calculated
    $156,213
    From this org
    $0
    From related orgs
    $144,145
    Other
    $12,068
    Hours/week
    0.2 + 37.3 related

    Schedule J breakdown matched by us

    Base
    not reported + $132,019 related
    Bonus
    not reported + $12,126 related
    Other
    not reported
    Deferred
    not reported + $3,971 related
    Nontaxable benefits
    not reported + $8,097 related
    Filer's total
    not reported + $156,213 related
  • Jennifer Aquilla

    MEMBER

    Total calculated
    $0
    Hours/week
    0.2
  • Michael Barrett

    MEMBER

    Total calculated
    $0
    Hours/week
    0.2
  • Fred Becker

    MEMBER

    Total calculated
    $0
    Hours/week
    0.2
  • Chris Boyd

    MEMBER

    Total calculated
    $0
    Hours/week
    0.2
  • Rob Commero

    MEMBER

    Total calculated
    $0
    Hours/week
    0.2 + 1 related
  • Joy Dickerson

    CO-CHAIR EDU

    Total calculated
    $0
    Hours/week
    0.2
  • Qamara Edwards

    VP WORKFORCE

    Total calculated
    $0
    Hours/week
    0.2 + 1 related
  • Steve Musciano

    MEMBER

    Total calculated
    $0
    Hours/week
    0.2
  • Isidore Ogoussan

    MEMBER

    Total calculated
    $0
    Hours/week
    0.2 + 1 related
  • Laura Palermo

    MEMBER

    Total calculated
    $0
    Hours/week
    0.2
  • Tony Salomone

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.2
  • David Schweiger

    CO-CHAIR EDU

    Total calculated
    $0
    Hours/week
    0.2
  • Cynthia Smith

    IMMEDIATE PA

    Total calculated
    $0
    Hours/week
    0.2 + 1 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART III
SCHEDULE J, PART I, LINE 3 COMPENSATION FOR THE PRESIDENT/CEO IS SET BY A RELATED ORGANIZATION, PENNSYLVANIA RESTAURANT AND LODGING ASSOCIATION (PRLA). THE PRESIDENT/CEO'S AT WILL AGREEMENT IS PRODUCED BY THE PRLA EXECUTIVE COMMITEE AND PRLA COMPENSATION COMMITTEE. THE WRITTEN AGREEMENT IS APPROVED BY THE PRLA EXECUTIVE COMMITTEE AND SIGNED OFF BY THE CHAIRMAN OF THE BOARD AND THE PRESIDENT/CEO.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

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
24 October 2025
IRS schema version
2024v5.0
Source object
202543179349301734

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