Ahla Foundation Inc
- Assets
- $32.0m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 09/1959
- Data as of
- 12/2022
- EIN
- 13-6095316
Organization Overview
Ahla Foundation Inc is located in Washington, DC. The organization was established in 1959. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ahla Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Ahla Foundation Inc generated $5.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $6.1m during the year ending 12/2022. While expenses have increased by 13.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ahla Foundation Inc has awarded 61 individual grants totaling $3,015,216. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HELPS PEOPLE BUILD CAREERS THAT IMPROVE LIVES AND STRENGTHENS THE LODGING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS: THE AHLA FOUNDATION AWARDED JUST OVER $1.1M TO 328 ACADEMIC SCHOLARSHIP RECIPIENTS AT UNIVERSITIES ACROSS THE COUNTRY. AHLA FOUNDATION PARTNERED WITH 10 TWO-YEAR HOSPITALITY PROGRAMS AROUND THE COUNTRY TO AWARD 87 SCHOLARSHIPS; THE OTHER 241 STUDENTS WERE ENROLLED IN BACHELOR AND GRADUATE HOSPITALITY DEGREE PROGRAMS. ADDITIONALLY, 75 HOTEL EMPLOYEES RECEIVED $22,794 IN PROFESSIONAL DEVELOPMENT SCHOLARSHIPS FOR CERTIFICATION AND DISTANCE LEARNING.
AD CAMPAIGN: THE AHLA FOUNDATION LEADS A CAREER PATHWAYS AWARENESS CAMPAIGN TO DRAW IN DIVERSE TALENT TO THE INDUSTRY IN A VARIETY OF FIELDS AND ROLE LEVELS. PRIMARILY A DIGITAL AD EFFORT, "A PLACE TO STAY" SPANNED 14 MARKETS IN 2022, AND THE MICROSITE (THEHOTELINDUSTRY.COM) RECEIVES APPROXIMATELY 1,500 UNIQUE VISITORS PER DAY WITH 6% OF THOSE CONVERTING TO APPLY FOR JOBS ON INDEED.COM.
DE&I: THE AHLA FOUNDATION IS COMMITTED TO ADVANCING DIVERSITY, EQUITY & INCLUSION THROUGHOUT THE INDUSTRY. TO HELP ENSURE OUR IWORKFORCE, AT ALL LEVELS, IS AS DIVERSE AS THE GUESTS WE SERVE, AHLAF CONTINUES TO EXECUTE ON A MULTI-YEAR STRATEGIC PLAN THAT BEGAN IN 2021 AND SINCE THEN AHLAF DELIVERED ON KEY FOUNDATIONAL ELEMENTS OF THE PLAN, INCLUDING DELIVERY OF A ROBUST DE&I BEST PRACTICES GUIDE, INFORMATIONAL WEBINARS AND DEI MICROSITE FOR EMPLOYERS; COMPLETED A MENTORSHIP PILOT PROGRAM WITH 100 PARTICIPANTS; AND PROVIDED A 6-MONTH LONG INCLUSIVE LEADERSHIP TRAINING WITH 60+ EXECUTIVES IN PARTNERSHIP WITH A THIRD PARTY EXPERT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Knight Chair Of The Board | OfficerTrustee | 1 | $0 |
Leslie D Hale Vice Chair | OfficerTrustee | 1 | $0 |
Kevin Jacobs Secretary/treasurer | OfficerTrustee | 1 | $0 |
Tom Bardenett Chair Of The Board Of Trustees | OfficerTrustee | 1 | $0 |
Mark S Hoplamazian Immediate Past Chair | OfficerTrustee | 1 | $0 |
Liam Brown Board Of Directors | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Repequity Llc Dba Req Digital Consultants | 12/30/22 | $713,819 |
Pinehurst Inc Lodging | 12/30/22 | $474,528 |
Korn Ferry Organizational Consulting | 12/30/22 | $409,570 |
National Restaurant Association Solution Scholarships | 12/30/22 | $212,201 |
Sensis Agency Services | 12/30/22 | $182,177 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,549,330 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,874,281 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,423,611 |
| Total Program Service Revenue | $0 |
| Investment income | $683,461 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,437,126 |
| Net Income from Fundraising Events | -$178,314 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,438,384 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $614,141 |
| Grants and other assistance to domestic individuals. | $1,204,848 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,209,616 |
| Pension plan accruals and contributions | $56,935 |
| Other employee benefits | $133,650 |
| Payroll taxes | $83,693 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $80,641 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $95,724 |
| Fees for services: Other | $909,120 |
| Advertising and promotion | $772,393 |
| Office expenses | $165,963 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,950 |
| Travel | $85,707 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $149,602 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $59,842 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,123,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,051,405 |
| Savings and temporary cash investments | $1,072,148 |
| Pledges and grants receivable | $1,025,772 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $528,870 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $28,228,438 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $142,386 |
| Other assets | $0 |
| Total assets | $32,049,019 |
| Accounts payable and accrued expenses | $761,120 |
| Grants payable | $0 |
| Deferred revenue | $30,650 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $535,211 |
| Total liabilities | $1,326,981 |
| Net assets without donor restrictions | $18,042,198 |
| Net assets with donor restrictions | $12,679,840 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $32,049,019 |
Grants Awarded
Over the last fiscal year, Ahla Foundation Inc has awarded $582,631 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ECPAT-USA INC PURPOSE: ECPAT PARTNERSHIP | $115,000 |
EMENTORCONNECT LLC PURPOSE: APPLY TO GRANTS OR FEES TO PROVIDE MENTOR PROGRAM | $39,500 |
COVENANT HOUSE NEW ORLEANS PURPOSE: 2023 GRANT | $35,000 |
ENRENOUS YOUTH EMPOWERMENT SERVICES PURPOSE: EYP GRANTS 2022 | $148,131 |
LA CAUSA YOUTHBUILD PURPOSE: EYP GRANT 2023 | $35,000 |
NATIONAL RESTAURANT ASSOCIATION SOLUTIONS LLC PURPOSE: RTI GRANT TRAINING PROGRAMS:AHLA LODGING MANAGER APPRENTICE COURSE AHLA LINE COOK APPRENTICE COURSE | $200,000 |