Society For Foodservice Management Foundation
- Assets
- $283.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 02/2007
- Data as of
- 12/2021
- EIN
- 56-2616159
Organization Overview
Society For Foodservice Management Foundation is located in Louisville, KY. The organization was established in 2007. 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. Society For Foodservice Management Foundation 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, Society For Foodservice Management Foundation generated $113.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $83.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanine Cosgrove-Albert Chair | 1 | $0 | |
Zee Moussa Director | 1 | $0 | |
Tim Mehlberg Director | 1 | $0 | |
Corey Silverstein Director | 1 | $0 | |
Ed Krause Director | 1 | $0 | |
Curtis Lease Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,237 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,213 |
| Gain or Loss | $3,849 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $113,299 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $33,064 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $233 |
| Other expenses | $50,345 |
| Total expenses | $83,642 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $199,433 |
| Other assets | $0 |
| Total assets | $283,026 |
| Total liabilities | $58,947 |
| Net assets or fund balances | $224,079 |
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