THE NATIONAL RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION Charity Report

Public IRS 990 nonprofit record

THE NATIONAL RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION

EIN 36-6103388 · Food, Agriculture & Nutrition (K99E)

What they do

The Foundations Mission is to Serve As A Philanthropic Foundation of The National Restaurant Association to Enhance The Restaurant and Foodservice Industrys Service to The Public Through Education, Community Engagement, and Promotion of Career Opportunities.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $83.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders43 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

89.94%of revenue went to mission work83.6% of expenses · Program services

12.04%of revenue went to fundraising11.2% of expenses

$107.62spent for every $100 of revenueSpending was higher than revenue this year.

5.64%of revenue went to management and office costs5.2% of expenses

$2.10in assets for every $1 spent this yearSome assets cannot be spent right away.

31.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,428,769 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $1,301,039 for MICHELLE L KORSMO (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$18,753,714

Mission workProgram services$16,867,54989.94% of revenue83.6% of expenses

ManagementOffice and general costs$1,057,9235.64% of revenue5.2% of expenses

FundraisingAsking for donations$2,257,01112.04% of revenue11.2% of expenses

Total expenses$20,182,483107.62% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 83.6% mission · 5.2% management · 11.2% fundraisingTotal expenses: 107.62% of revenue

2023Expense mix: 83.0% mission · 5.6% management · 11.5% fundraisingTotal expenses: 99.69% of revenue

2022Expense mix: 83.8% mission · 5.2% management · 11.0% fundraisingTotal expenses: 88.99% of revenue

2021Expense mix: 80.1% mission · 8.7% management · 11.2% fundraisingTotal expenses: 79.54% of revenue

2020Expense mix: 92.1% mission · 2.9% management · 5.0% fundraisingTotal expenses: 93.38% of revenue

2019Expense mix: 79.2% mission · 7.3% management · 13.4% fundraisingTotal expenses: 93.00% of revenue

2018Expense mix: 79.2% mission · 7.6% management · 13.3% fundraisingTotal expenses: 86.62% of revenue

2017Expense mix: 76.8% mission · 8.3% management · 14.9% fundraisingTotal expenses: 90.12% of revenue

Money in and money out

Revenue$18,753,714

Expenses$20,182,483

Annual shortfall $1,428,769 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$16,867,549 · 83.6% of expenses

Management and office costs$1,057,923 · 5.2% of expenses

Fundraising$2,257,011 · 11.2% of expenses

See all reported dollar amounts

Revenue$18,753,714

Expenses$20,182,483

Assets$42,417,749

Income$27,940,024

Contributions$5,941,583

Mission work (program services)$16,867,549

Fundraising$2,257,011

Grants given$21,628,681

Average grant$34,115

Management and general$1,057,923

Stocks and bonds$25,024,064

Accounting fees$71,940

Investing fees$114,869

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MICHELLE L KORSMOPRESIDENT & CEO · 8 hrs/week $1,301,039Base · Other $1,301,039

MARVIN F IRBYCAO (UNTIL 6/15/24) · 8 hrs/week $669,930Base · Other $669,930

ROBERT A GIFFORDPRESIDENT · 40 hrs/week $359,398Base · Other $359,398

SUSAN R CRYSTAL-MANSOURVP, PROGRAMS IMPACT · 40 hrs/week $350,948Base $267,459 · Other $83,489

ALYSSA M PRINCEDIRECTOR, ENGAGEMENT · 40 hrs/week $213,614Base $153,055 · Other $60,559

AMY B SALTZMANDIRECTOR, PROSTART PROGRAM · 40 hrs/week $211,513Base $161,213 · Other $50,300

PATRICIA D GILLDIRECTOR, WORKFORCE DEVELOPMENT · 40 hrs/week $200,336Base $174,216 · Other $26,120

JASON PELLERDIRECTOR, PROGRAM DEVELOPMENT & OPS · 40 hrs/week $197,533Base $145,260 · Other $52,273

HANNAH OLIVERDIRECTOR, COMMUNICATIONS · 40 hrs/week $196,958Base $140,197 · Other $56,761

ERIC ELLISCFO · 8 hrs/week $107,922Base · Other $107,922

ALLISON RHYNEVP. DEVELOPMENT · 20 hrs/week $43,315Base · Other $43,315

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (43)

MICHELLE L KORSMOPRESIDENT & CEO

MARVIN F IRBYCAO (UNTIL 6/15/24)

ROBERT A GIFFORDPRESIDENT

SUSAN R CRYSTAL-MANSOURVP, PROGRAMS IMPACT

ALYSSA M PRINCEDIRECTOR, ENGAGEMENT

AMY B SALTZMANDIRECTOR, PROSTART PROGRAM

PATRICIA D GILLDIRECTOR, WORKFORCE DEVELOPMENT

JASON PELLERDIRECTOR, PROGRAM DEVELOPMENT & OPS

HANNAH OLIVERDIRECTOR, COMMUNICATIONS

ERIC ELLISCFO

ALLISON RHYNEVP. DEVELOPMENT

RICHARD SCHNEIDERTRUSTEE

MARK ERICKSONTRUSTEE

WILLIAM KOHLVICE CHAIR

MATEO CIDRETRUSTEE

MICHAEL AXIOTISTRUSTEE

NEIL SUDAISARTRUSTEE

PERRY MIELETRUSTEE

SUSANNAH SELLERS-RYANTRUSTEE

SARAH OATES HARLOWTRUSTEE

SHAUN BEARDCHAIR

SONIA RIGGSTRUSTEE

STEVEN JOHNSONTRUSTEE

THEODORE BALESTRERI IITRUSTEE

HECTOR GALLARDOTRUSTEE

ASHLEY CONEFFTRUSTEE

CARRIE LEISHMANTREASURER

CHRISTOPHER SAVVIDESTRUSTEE

CURTIS WILSONTRUSTEE

DAMIAN HANFTTRUSTEE

DAN ROWETRUSTEE

DAVID DITTENBERTRUSTEE

DONNA QUADRI-FELITTI PHDTRUSTEE

GREGORY COCCHIARELLATRUSTEE

MARK BUCHERTRUSTEE

HORACE DAWSONTRUSTEE

JAMES FRIPPIMMEDIATE PAST CHAIR

JAY STIEBERTRUSTEE

JEFFREY LOBDELLTRUSTEE, EX-OFFICIO

JOSEPH ESSATRUSTEE

KRISTINE HILLMERTRUSTEE

LAURIE SCHALOWTRUSTEE

LOUIS BASILETRUSTEE

About this charity

Recognized since: January 1990
Location: 2055 L ST NW STE 700, WASHINGTON, DC 20036-4985
County: District of Columbia
In care of: % PIYUSH PATEL
Primary officer: Michelle L Korsmo, President & CEO

How to reach them

WebsiteVisit the charity’s website Phone(800) 424-5156

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: RSM US LLP
NTEE classification: Food, Agriculture & Nutrition (K99E)
Grant-giving organization: Yes