Tennessee Hospitality & Tourism Education Foundation
- Assets
- $203.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 05/2008
- Data as of
- 12/2022
- EIN
- 26-1241668
Organization Overview
Tennessee Hospitality & Tourism Education Foundation is located in Nashville, TN. The organization was established in 2008. 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. Tennessee Hospitality & Tourism Education 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 12/2022, Tennessee Hospitality & Tourism Education Foundation generated $92.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $75.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE TNHTEF SCHOLARSHIPS IS TO PRESENT ACADEMIC AWARDS TO STUDENTS WHO ARE RECOGNIZED BY THEIR FACULTY FOR ACADEMIC ACHIEVEMENT AND FOR THEIR CONTRIBUTIONS TO THE HOSPITALITY AND TOURISM PROGRAM AT THEIR SCHOOL.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Gibson Chairman | 0.25 | $0 | |
Derik Dawes Vice-Chairman | 0.25 | $0 | |
Bascha Satin Secretary | 0.25 | $0 | |
Andy Marshall Member | 0.25 | $0 | |
Beth Morrow Member | 0.25 | $0 | |
Radesh Palakurthi Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,250 |
| Total Program Service Revenue | $54,822 |
| Membership dues | $0 |
| Investment income | $301 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,375 |
| Other Revenue | $0 |
| Total Revenue | $92,748 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $42,970 |
| Total expenses | $75,470 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $203,848 |
| Other assets | $0 |
| Total assets | $203,848 |
| Total liabilities | $948 |
| Net assets or fund balances | $202,900 |