Texas Restaurant Association
- Assets
- $11.9m
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 30
- Location
- Austin, TX
- Founding
- 01/1986
- Data as of
- 12/2021
- EIN
- 74-0921350
Organization Overview
Texas Restaurant Association is located in Austin, TX. The organization was established in 1986. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 12/2021, Texas Restaurant Association employed 30 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Texas 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 12/2021, Texas Restaurant Association generated $5.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $5.1m 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
PROMOTE THE FOODSERVICE INDUSTRY AND FOOD SAFETY THROUGH EDUCATION, RESEARCH AND TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL TRADESHOW WITH 516 EXHIBITORS SHOWCASING PRODUCTS AND SERVICES SPECIFIC TO THE FOODSERVICE INDUSTRY. EDUCATIONAL PROGRAMMING AND TRAINING IS ALSO OFFERED - ATTENDANCE OF APPROXIMATELY 4,929.
CERTIFICATION, PRODUCTS & SERVICES: ONLINE AND TRAINER PROVIDED CERTIFICATION FOR FOOD SAFETY AND FOR RESPONSIBLE ALCOHOL SERVICE. BOOKS, TOOLS & RESEARCH DATA IS AVAILABLE FOR SALE. VENDORS ENDORSED BY THE ASSOCIATION PROVIDE LOW COST PRODUCTS & SERVICES TO MEMBERS.
PUBLISHES DIGITAL MAGAZINE THAT IS EMAILED DIRECTLY TO MORE THAN 1,400 FOODSERVICE PROFESSIONALS QUARTERLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Williams Knight CEO | OfficerTrustee | 37 | $0 |
Leo Duran Sr Chair | OfficerTrustee | 2 | $0 |
Jonathan Horowitz Vice Chair | OfficerTrustee | 2 | $0 |
Skeeter Don Miller Treasurer | OfficerTrustee | 2 | $0 |
Gary Johnson Immediate Pa | OfficerTrustee | 2 | $0 |
Ashley Rosenfeld Trf Chairwom | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Global Experience Specialists Inc Trade Show | 9/29/17 | $169,119 |
Kay Bailey Hutchinson Convention Center Trade Show | 9/29/17 | $129,362 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,395,036 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,360,074 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,755,110 |
| Total Program Service Revenue | $2,276,398 |
| Investment income | $177,996 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $551,485 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,929,472 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,444,496 |
| Pension plan accruals and contributions | $338,135 |
| Other employee benefits | $0 |
| Payroll taxes | $177,258 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $247,933 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $98,925 |
| Fees for services: Other | $227,807 |
| Advertising and promotion | $176,244 |
| Office expenses | $90,075 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $248,196 |
| Travel | $128,566 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $538,795 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $87,132 |
| Insurance | $37,902 |
| All other expenses | -$232,297 |
| Total functional expenses | $5,146,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,189,101 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $128,612 |
| 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 | $94,002 |
| Net Land, buildings, and equipment | $79,209 |
| Investments—publicly traded securities | $10,422,454 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,000 |
| Total assets | $11,924,378 |
| Accounts payable and accrued expenses | $670,191 |
| Grants payable | $0 |
| Deferred revenue | $836,149 |
| 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 | $250,000 |
| Other liabilities | $638,242 |
| Total liabilities | $2,394,582 |
| Net assets without donor restrictions | $9,267,117 |
| Net assets with donor restrictions | $262,679 |
| 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 | $11,924,378 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Texas Restaurant Association has recieved totaling $80,000.
| Awarding Organization | Amount |
|---|---|
Fwd Us Inc Washington, DC PURPOSE: IMMIGRATION ADVOCACY GRANT | $50,000 |
Texas Mutual Insurance Company Austin, TX PURPOSE: Workforce Development & Safety Training | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Schools For Baton Rouge Baton Rouge, LA | $18,000,510 | $11,219,034 |
Texas Institute Of Graduate Medical Education And Research San Antonio, TX | $5,873,285 | $12,825,627 |
Portico Education Foundation Carrollton, TX | $2,396,287 | $5,783,858 |
Youth Force Nola New Orleans, LA | $5,195,075 | $5,408,027 |
Texas Association Of School Administrators Austin, TX | $4,673,285 | $5,966,291 |
Texas Restaurant Association Austin, TX | $11,924,378 | $5,929,472 |
Texas Charter Schools Association Austin, TX | $5,399,898 | $5,059,843 |
Walton Education Coalition Inc Bentonville, AR | $905,003 | $3,450,000 |
Louisiana Restaurant Association Inc Metairie, LA | $9,314,228 | $3,239,510 |
Fort Worth Education Partnership Inc Fort Worth, TX | $6,170,741 | $4,613,145 |
Uni-Bell Pvc Pipe Association Irving, TX | $1,260,616 | $2,106,268 |
Americans For Fair Treatment Inc Oklahoma City, OK | $1,029,037 | $2,472,942 |