Foundation Of The National Association Of Catering Executives is located in Columbia, MD. The organization was established in 1986. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Of The National Association Of Catering Executives 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 12/2021, Foundation Of The National Association Of Catering Executives generated $129.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $69.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FUNDS TO FURTHER THE EDUCATION IN THE CATERING BUSINESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FURTHER FUNDING FOR EDUCATIONAL PROGRAMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gary Mccreary Treasurer/se | OfficerTrustee | 1 | $0 |
Harvey Stern Past Preside | OfficerTrustee | 1 | $0 |
Terry Shields President | OfficerTrustee | 1 | $0 |
Tracey Amernick Trustee | Trustee | 1 | $0 |
Christina Alvarado Trustee | Trustee | 1 | $0 |
Dana Blaugrund Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $43,951 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $43,951 |
Total Program Service Revenue | $0 |
Investment income | $46,178 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $28,483 |
Net Income from Fundraising Events | $10,457 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $129,069 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $10,400 |
Grants and other assistance to domestic individuals. | $0 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $9,977 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $813 |
All other expenses | $678 |
Total functional expenses | $69,884 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $48,091 |
Pledges and grants receivable | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $926,697 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,225 |
Total assets | $976,013 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $976,013 |
Net assets with donor restrictions | $0 |
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 | $976,013 |
Organization Name | Assets | Revenue |
---|---|---|
Chester County Food Bank Exton, PA | $14,718,999 | $9,745,576 |
State Fair Of West Virginia Inc Lewisburg, WV | $7,745,539 | $6,147,107 |
Congressional Hunger Center Washington, DC | $1,832,370 | $3,169,178 |
Field To Market Washington, DC | $1,954,449 | $3,149,925 |
Foodservice Packaging Institute Inc Falls Church, VA | $4,132,737 | $3,111,855 |
Restaurant Association Of Metropolitian Washington Inc Washington, DC | $1,597,387 | $2,121,762 |
Delaware Restaurant Association Newark, DE | $1,419,640 | $1,758,498 |
3-A Sanitary Standards Inc McLean, VA | $2,950,339 | $1,154,736 |
Mason County Fair Inc Point Pleasant, WV | $309,354 | $907,373 |
Common Market Mid-Atlantic Incorporated Philadelphia, PA | $1,938,202 | $6,499,769 |
International Food Additivies Council Washington, DC | $894,255 | $659,043 |
Urban Creators Philadelphia, PA | $367,166 | $665,737 |