Oklahoma Restaurant Association
- Assets
- $968.3k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 6
- Location
- Oklahoma City, OK
- Founding
- 06/1944
- Data as of
- 09/2022
- EIN
- 73-0383792
Organization Overview
Oklahoma Restaurant Association is located in Oklahoma City, OK. The organization was established in 1944. 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. As of 09/2022, Oklahoma Restaurant Association employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma Restaurant Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2022, Oklahoma Restaurant Association generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $1.6m during the year ending 09/2022. While expenses have increased by 1.0% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE PROTECT AND EDUCATE MEMBERS IN THE RESTAURANT BUSINESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE PROTECT AND EDUCATE MEMBERS IN THE RESTAURANT BUSINESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Bailey CFO | Officer | 40 | $117,771 |
James Leewright President & CEO | Officer | 40 | $35,000 |
Scott Bainbridge Director | Trustee | 1 | $0 |
Mike Bausch Director | Trustee | 1 | $0 |
Brian Bogert Director | Trustee | 1 | $0 |
James Como Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $373,069 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,321 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $374,390 |
| Total Program Service Revenue | $130,743 |
| Investment income | $7,828 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,600 |
| Net Gain/Loss on Asset Sales | -$20,879 |
| Net Income from Fundraising Events | $48,404 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,777 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,465,043 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $152,771 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $553,326 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $109,411 |
| Payroll taxes | $58,564 |
| 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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,981 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $63,175 |
| Travel | $18,096 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $183,206 |
| Interest | $26,514 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,118 |
| Insurance | $11,685 |
| All other expenses | $82,552 |
| Total functional expenses | $1,570,495 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $396,261 |
| Savings and temporary cash investments | $3,062 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,900 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,227 |
| Prepaid expenses and deferred charges | $1,918 |
| Net Land, buildings, and equipment | $116,027 |
| Investments—publicly traded securities | $424,283 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,600 |
| Total assets | $968,278 |
| Accounts payable and accrued expenses | $81,607 |
| Grants payable | $0 |
| Deferred revenue | $6,113 |
| 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 | $496,435 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $584,155 |
| Net assets without donor restrictions | $384,123 |
| 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 | $968,278 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Oklahoma Restaurant Association has recieved totaling $35,515.
| Awarding Organization | Amount |
|---|---|
The National Restaurant Association Educational Foundation Washington, DC PURPOSE: ProStart Program | $35,515 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Equal Heart Dallas, TX | $4,344,123 | $9,037,240 |
Charterchoice Collaborative Sfa Denver, CO | $2,678,957 | $8,056,334 |
Just Food Of Douglas County Inc Lawrence, KS | $2,657,319 | $3,666,503 |
Boulder County Farmers Market Longmont, CO | $1,049,781 | $2,025,906 |
Oklahoma Restaurant Association Oklahoma City, OK | $968,278 | $1,465,043 |
Rocky Mountain Farmers Union Educational And Charitable Denver, CO | $1,812,401 | $1,385,913 |
Manna House Midlothian, TX | $859,835 | $1,086,475 |
Texas Future Farmers Of America Foundation Inc Austin, TX | $14,218,746 | $1,810,105 |
Wheat Foods Council Littleton, CO | $1,017,529 | $727,884 |
Three Sisters Kitchen Albuquerque, NM | $741,147 | $1,214,959 |
Cleverley Stone Foundation Houston, TX | $138,342 | $960,323 |
Vaad Hakashrus Of Dallas Inc Dallas, TX | $456,990 | $849,064 |