Texas Restaurant Association
- Assets
- $66.5k
- Revenue
- $152.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 01/1986
- Data as of
- 12/2022
- EIN
- 76-0017031
Organization Overview
Texas Restaurant Association is located in Austin, TX. The organization was established in 1986. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within 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 12/2022, Texas Restaurant Association generated $152.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $189.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Texas Restaurant Association has awarded 11 individual grants totaling $180,208. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT PRO-BUSINESS INITIATIVES WITHIN THE RESTAURANT INDUSTRY THROUGHOUT HOUSTON, TX. TO EDUCATE AND UPDATE MEMBERS ON CURRENT AND SPECIAL ISSUES RELATING TO THE RESTAURANT INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAPTER FUNCTIONS & EVENTS - MONTHLY MEETINGS AND OTHER FUNCTIONS AT VARIOUS TIMES DURING THE YEAR WITH SPEAKERS AND PROGRAMS ADDRESSING SPECIAL TOPICS RELATED TO THE RESTAURANT INDUSTRY.
MEMBERSHIP DIRECTORY AND MAGAZINE - PROVIDE INFORMATION ON RESTAURANT INDUSTRY ISSUES AND ACTIVITIES AT THE LOCAL AND NATIONAL LEVELS.
CAB VOUCHER PROGRAM - PROMOTES SAFE DRIVING AFTER ALCOHOL CONSUMPTION, THEREBY ADVOCATING FOR THE LOCAL RESTAURANT INDUSTRY.
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 |
|---|---|---|---|
Joe Monastero COO | OfficerTrustee | 15 | $0 |
Trent Patterson Chair | OfficerTrustee | 15 | $0 |
James Cameron Immediate Past Chair | Trustee | 15 | $0 |
Emily Durham Vice Chair | OfficerTrustee | 15 | $0 |
Alfonso Hernandez Treasurer | OfficerTrustee | 15 | $0 |
Aaron Barker Director | Trustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $15,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $116,493 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,493 |
| Total Program Service Revenue | $0 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $20,683 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $152,446 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,750 |
| Fees for services: Lobbying | $18,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,942 |
| Advertising and promotion | $18,962 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $73,973 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,685 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $500 |
| Total functional expenses | $189,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,534 |
| Savings and temporary cash investments | $6,941 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $66,475 |
| Accounts payable and accrued expenses | $10,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,000 |
| Net assets without donor restrictions | $0 |
| 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 | $56,475 |
| Total liabilities and net assets/fund balances | $66,475 |
Grants Awarded
Over the last fiscal year, Texas Restaurant Association has awarded $48,754 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TRA EDUCATIONAL FOUNDATION PURPOSE: GENERAL OPERATIONS | $32,004 |
UNIVERSITY OF HOUSTON PURPOSE: SCHOLARSHIPS | $16,750 |