COLORADO RESTAURANT FOUNDATION Charity Report

Public IRS 990 nonprofit record

COLORADO RESTAURANT FOUNDATION

EIN 74-2488379 · Education (B82Z)

What they do

THE COLORADO RESTAURANT FOUNDATION is DEDICATED to PROVIDING ACCESS to EDUCATION, SKILLS and FINANCIAL MEANS to PURSUE A SUCCESSFUL CAREER IN THE FOOD SERVICE and HOSPITALITY INDUSTRIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $66.40 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

66.30%of revenue went to mission work66.4% of expenses · Program services

11.55%of revenue went to fundraising11.6% of expenses

$99.79spent for every $100 of revenueRevenue covered expenses this year.

21.94%of revenue went to management and office costs22.0% of expenses

$0.67in assets for every $1 spent this yearSome assets cannot be spent right away.

82.7%of its money came from giftsOther money may come from services or investments.

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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 $160,228 for LAURA SHUNK (PRESIDENT). 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$1,680,592

Mission workProgram services$1,114,21666.30% of revenue66.4% of expenses

ManagementOffice and general costs$368,71421.94% of revenue22.0% of expenses

FundraisingAsking for donations$194,12711.55% of revenue11.6% of expenses

Revenue left after expensesReported annual surplus$3,5350.21% of revenueShown in gray on the chart

Total expenses$1,677,05799.79% 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: 66.4% mission · 22.0% management · 11.6% fundraisingTotal expenses: 99.79% of revenue

2023Expense mix: 61.0% mission · 28.7% management · 10.3% fundraisingTotal expenses: 181.56% of revenue

2022Expense mix: 75.1% mission · 17.3% management · 7.7% fundraisingTotal expenses: 120.29% of revenue

2021Expense mix: 90.0% mission · 7.1% management · 2.9% fundraisingTotal expenses: 174.12% of revenue

2020Expense mix: 92.7% mission · 5.9% management · 1.3% fundraisingTotal expenses: 54.63% of revenue

2019Expense mix: 76.3% mission · 19.0% management · 4.7% fundraisingTotal expenses: 99.71% of revenue

2018Expense mix: 81.4% mission · 14.8% management · 3.7% fundraisingTotal expenses: 50.09% of revenue

2017Expense mix: 81.8% mission · 7.6% management · 10.6% fundraisingTotal expenses: 94.79% of revenue

Money in and money out

Revenue$1,680,592

Expenses$1,677,057

Annual surplus $3,535 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)$1,114,216 · 66.4% of expenses

Management and office costs$368,714 · 22.0% of expenses

Fundraising$194,127 · 11.6% of expenses

See all reported dollar amounts

Revenue$1,680,592

Expenses$1,677,057

Assets$1,116,518

Income$3,063,783

Contributions$1,390,442

Mission work (program services)$1,114,216

Fundraising$194,127

Grants given$2,757,091

Average grant$8,981

Management and general$368,714

Executive compensation (total)$168,318

Stocks and bonds$842,952

Accounting fees$42,700

Investing fees$7,849

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

LAURA SHUNKPRESIDENT · 39 hrs/week $160,228Base $127,520 · Other $32,708

STACEY GRIESTPROGRAMS DIRECTOR · 39 hrs/week $123,872Base $103,645 · Other $20,227

DENISE MICKELSENDIRECTOR OF COMMUNICATION · 1 hrs/week $66,484Base $35,851 · Other $30,633

SONIA RIGGSEXECUTIVE DIRECTOR · 1 hrs/week $62,470Base $19,420 · Other $43,050

DEVANY MCNEILLVP-STRATEGIC PARTNERSHIP · 1 hrs/week $56,779Base $37,675 · Other $19,104

MICHAEL REEDCONTROLLER · 1 hrs/week $31,854Base $21,276 · Other $10,578

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)

LAURA SHUNKPRESIDENT

STACEY GRIESTPROGRAMS DIRECTOR

DENISE MICKELSENDIRECTOR OF COMMUNICATION

SONIA RIGGSEXECUTIVE DIRECTOR

DEVANY MCNEILLVP-STRATEGIC PARTNERSHIP

MICHAEL REEDCONTROLLER

NIKKI KOLAKOWSKIDIRECTOR (THRU 10/24)

WAYNE HILSTONDIRECTOR

LUNDI RAMOSDIRECTOR

MALLORY CULLENVP AT LARGE (THRU 10/24)/VP-HEALTH & WELLNESS

MARC STERONCHAIRMAN (THRU 10/24)

MATTHEW COATESDIRECTOR

MAWA MCQUEENDIRECTOR

MELISSA BROOKSVICE-CHAIR ELECT/VP-FUNDRAISING (THRU 10/24)/VICE

TAJAHI COOKEDIRECTOR

PAUL ANDERSDIRECTOR

RICHARD SCHNEIDERSECRETARY (THRU 10/24)/DIRECTOR

KIRK BACHMANNDIRECTOR

TRUETT BAILEYDIRECTOR

RON HALLDIRECTOR (THRU 10/24)

SHELLY COXDIRECTOR

THUAN LADIRECTOR (THRU 10/24)

THEO OTTEDIRECTOR

DR ERIC OLSONDIRECTOR

AILEEN REILLYCHAIRMAN (AS OF 10/24)

AMY RAPISARDAVP-EDUCATION (AS OF 10/24)

ANIEDRA NICHOLSDIRECTOR

ANNELISE MCAULIFFE SOARESDIRECTOR

APRIL LAMBATOSVP-AT LARGE (AS OF 10/24)

ASHLEY HOFFMANVP-HEALTH & WELLNESS (THRU 10/24)/SECRETARY

AUDRA DUNLEAVYDIRECTOR (THRU 10/24)

CHRIS WEILVICE-CHAIRMAN (THRU 10/24)/DIRECTOR

CHRISTINA RUNYANDIRECTOR

LUIS RAMIREZTREASURER (THRU 10/24)/CONTROLLER

ELIZABETH NICHOLSONDIRECTOR (THRU 10/24)

EMILY BIEDERMANCONTROLLER (THRU 10/24)/VP FUNDRAISING

GREG WARNERDIRECTOR (THRU 10/24)

JESSY LASHIERDIRECTOR

JOSH NIERNBERGVP- EDUCATION (THRU 10/24)/TREASURER

JULIE STONEDIRECTOR

JUSTIN ADRIANDIRECTOR

KEVIN BURKEDIRECTOR

ABBY SANDSDIRECTOR (THRU 10/24)

About this charity

Recognized since: January 1988
Location: 430 EAST SEVENTH AVE, DENVER, CO 80203
County: Denver
In care of: SONIA RIGGS
Primary officer: SONIA RIGGS, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emaildmcneill@corestaurant.org Phone(303) 830-2972

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: RUBINBROWN LLP
NTEE classification: Education (B82Z)
IRS tax category: Civic and Social Organizations
Grant-giving organization: Yes