HOSPITALITY MN EDUCATION FOUNDATION Charity Report

Public IRS 990 nonprofit record

HOSPITALITY MN EDUCATION FOUNDATION

EIN 71-0971013 · Educational Services (B90)

What they do

WE ARE INVESTING IN OUR INDUSTRYS FUTURE BY TRAINING THE WORKFORCE of TODAY and INSPIRING THE LEADERS of TOMORROW.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.20 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 leaders30 people are listed in the latest report.

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

Money made simple

64.05%of revenue went to mission work76.2% of expenses · Program services

15.45%of revenue went to fundraising18.4% of expenses

$84.04spent for every $100 of revenueRevenue covered expenses this year.

4.55%of revenue went to management and office costs5.4% of expenses

$1.30in assets for every $1 spent this yearSome assets cannot be spent right away.

93.9%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.

Pay context: The highest compensation shown in this filing is $10,947 for ANGELA WHITCOMB (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$460,805

Mission workProgram services$295,12864.05% of revenue76.2% of expenses

ManagementOffice and general costs$20,9674.55% of revenue5.4% of expenses

FundraisingAsking for donations$71,17215.45% of revenue18.4% of expenses

Revenue left after expensesReported annual surplus$73,53815.96% of revenueShown in gray on the chart

Total expenses$387,26784.04% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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: 76.2% mission · 5.4% management · 18.4% fundraisingTotal expenses: 84.04% of revenue

2023Expense mix: 85.5% mission · 11.1% management · 3.3% fundraisingTotal expenses: 87.36% of revenue

2022Expense mix: 76.6% mission · 19.1% management · 4.2% fundraisingTotal expenses: 77.38% of revenue

2021Expense mix: 77.0% mission · 18.1% management · 4.8% fundraisingTotal expenses: 89.00% of revenue

2020Expense mix: 67.9% mission · 25.3% management · 6.8% fundraisingTotal expenses: 111.50% of revenue

2019Expense mix: 76.8% mission · 17.5% management · 5.7% fundraisingTotal expenses: 95.56% of revenue

2018Expense mix: 81.3% mission · 14.0% management · 4.7% fundraisingTotal expenses: 102.59% of revenue

2017Expense mix: 82.7% mission · 12.8% management · 4.5% fundraisingTotal expenses: 122.49% of revenue

Money in and money out

Revenue$460,805

Expenses$387,267

Annual surplus $73,538 Revenue was higher than expenses 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)$295,128 · 76.2% of expenses

Management and office costs$20,967 · 5.4% of expenses

Fundraising$71,172 · 18.4% of expenses

See all reported dollar amounts

Revenue$460,805

Expenses$387,267

Assets$503,909

Income$461,543

Contributions$432,586

Mission work (program services)$295,128

Fundraising$71,172

Grants given$13,022

Average grant$6,511

Management and general$20,967

Accounting fees$8,400

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

ANGELA WHITCOMBPRESIDENT/CEO · 1 hrs/week $10,947Base · Other $10,947

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 (30)

ANGELA WHITCOMBPRESIDENT/CEO

KEITH REARDONVICE CHAIR

TIM MURRAYPAST CHAIR/DIRECTOR

TIM DEVINSDIRECTOR

TIM BOLDTDIRECTOR

TAMMY OLSONDIRECTOR

SHEILA LUKONENDIRECTOR

ROLLIE CARLSONDIRECTOR

RICK CASPERDIRECTOR

PETER MIHAJLOVPAST CHAIR/DIRECTOR

MONIQUE SABBYDIRECTOR

MICHAEL PETERSONDIRECTOR

MARY LEVINSKIDIRECTOR

MARTIN KAPPERNMANDIRECTOR THROUGH FALL 24

LEOPOLDO POLO NAVARRODIRECTOR

KIMBERLY THOMPSONDIRECTOR

JULIA HENDERSONDIRECTOR

JOYCE HWANG PHDDIRECTOR

JOSHUA BROWNDIRECTOR

JORDAN LENZDIRECTOR

HOOBIE ESKURIDIRECTOR

FRANK SOUKUPTREASURER

DOUG KARLEPAST CHAIR/DIRECTOR

DEB HALLBECKDIRECTOR

CHEF BILL NIEMERDIRECTOR

BRANDON SUPERNAULTDIRECTOR

BRANDEN ROBINSONCHAIR

BILL GODBEDIRECTOR

AUSTIN THULLSECRETARY

ANN LOVCIKDIRECTOR

About this charity

Recognized since: January 2006
Location: 121 S 8TH ST STE 970, MINNEAPOLIS, MN 55402-2848
County: Hennepin
In care of: % ANGELA WHITCOMB
Primary officer: ANGELA WHITCOMB, PRESIDENT/CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@hospitalitymn.com Phone(651) 778-2400

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: OLSEN THIELEN & CO LTD
NTEE classification: Educational Services (B90)
IRS tax category: Educational Services
Grant-giving organization: Yes