Society For Foodservice Management Foundation
- Assets
- $287.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 02/2007
- Data as of
- 12/2022
- 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 12/2022, Society For Foodservice Management Foundation generated $187.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $151.0k during the year ending 12/2022. While expenses have increased by 2.3% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Davin Wickstrom Chair | 1 | $0 | |
Jeanine Cosgrove-Albert Immediate Past Chair | 1 | $0 | |
Jenna Calhoun Director | 1 | $0 | |
Tim Mehlberg Director | 1 | $0 | |
Corey Silverstein Director | 1 | $0 | |
Amy Franks Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $181,965 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,594 |
| Gain or Loss | $3,029 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $187,588 |
| 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 | $18,979 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $74 |
| Other expenses | $131,992 |
| Total expenses | $151,045 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $199,620 |
| Other assets | $0 |
| Total assets | $287,841 |
| Total liabilities | $40,534 |
| Net assets or fund balances | $247,307 |