Dennys Franchisee Association
- Assets
- $1.6m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Tempe, AZ
- Founding
- 10/1998
- Data as of
- 12/2021
- EIN
- 86-0894161
Organization Overview
Dennys Franchisee Association is located in Tempe, AZ. The organization was established in 1998. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dennys Franchisee 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, Dennys Franchisee Association generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 14.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MAINTAIN A LINE OF COMMUNICATION BETWEEN THE FRANCHISER AND THEIR FRANCHISEES; TO PROMOTE BETTER COMMUNICATION AMONGST FELLOW FRANCHISEES, NEGOTIATE GROUP PRICING AND TO PROVIDE A FORUM TO MEDIATE DISPUTES BETWEEN FRANCHISEES AND THE FRANCHISER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNICATION WITH OUR FRANCHISOR AND VENDORS VIA MEETINGS AND CONFERENCES
LEGAL FEES SPENT TO PROTECT THE FRANCHISEES RIGHTS
COMMUNICATION TO OUR MEMBERSHIP VIA PRINTED MATERIAL AND THE INTERNET
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Coveney Director | OfficerTrustee | 0 | $0 |
Dawn Lafreeda Treasurer | OfficerTrustee | 0 | $0 |
Glenn Beattie Secretary | OfficerTrustee | 0 | $0 |
James Wainwright Vice Chairman | OfficerTrustee | 0 | $0 |
Medhat Bechay Director | OfficerTrustee | 0 | $0 |
Sandeep Shah Director | OfficerTrustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Success Unlimited Inc Administrative Serv. | 9/29/16 | $0 |
Lewis Thomason King Krieg & Waldrop Pc Legal Services | 9/29/16 | $101,898 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $367,055 |
| Investment income | $42 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $2,642,539 |
| 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 | $147,732 |
| Fees for services: Legal | $78,000 |
| Fees for services: Accounting | $16,486 |
| 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 | $8,977 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $92,481 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,407,594 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,585 |
| All other expenses | $16,807 |
| Total functional expenses | $1,950,907 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $546,210 |
| Savings and temporary cash investments | $425,318 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $346,820 |
| 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 | $254,492 |
| Net Land, buildings, and equipment | $6,220 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,579,060 |
| Accounts payable and accrued expenses | $17,132 |
| Grants payable | $0 |
| Deferred revenue | $29,007 |
| 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 | $46,139 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $21,123 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,511,798 |
| Total liabilities and net assets/fund balances | $1,579,060 |
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