Civic Intelligence

Massachusetts Restaurant Association Educational Foundation

990 • Fiscal year 2020 • EIN 04-3478931

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 07, 2021

160 East Main Street Suite 2Westborough, MA 01581

(800) 852-3042

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

44th percentile

0.02x

Higher debt load relative to assets than 44% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

50th percentile

0.06x

Higher debt load relative to revenue than 50% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

20th percentile

-14%

Higher net margin than 20% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

27th percentile

-2.0%

Faster asset growth than 27% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

39th percentile

-8.6%

Faster revenue growth than 39% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$701,168

Down $14,241 (-2.0%) from 2019

Net Assets

Down

$684,100

Down $28,902 (-4.1%) from 2019

Liabilities

Up

$17,068

Up $14,661 (+609%) from 2019

Revenue

Down

$287,352

Down $26,883 (-8.6%) from 2019

Expenses

Up

$326,171

Up $3,745 (+1.2%) from 2019

Net Income

Down

-$38,819

Down $30,628 (-374%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $656,676Liabilities 2011: $17,186Net Assets 2011: $639,4902011Assets 2012: $678,212Liabilities 2012: $24,196Net Assets 2012: $654,0162012Assets 2014: $697,307Liabilities 2014: $42,412Net Assets 2014: $654,8952014Assets 2015: $684,179Liabilities 2015: $3,829Net Assets 2015: $680,3502015Assets 2016: $693,319Liabilities 2016: $8,115Net Assets 2016: $685,2042016Assets 2017: $743,854Liabilities 2017: $7,500Net Assets 2017: $736,3542017Assets 2018: $714,877Liabilities 2018: $0Net Assets 2018: $714,8772018Assets 2019: $715,409Liabilities 2019: $2,407Net Assets 2019: $713,0022019Assets 2020: $701,168Liabilities 2020: $17,068Net Assets 2020: $684,1002020Assets 2021: $860,133Liabilities 2021: $56,712Net Assets 2021: $803,4212021Assets 2022: $826,124Liabilities 2022: $17,073Net Assets 2022: $809,0512022Assets 2023: $856,395Liabilities 2023: $15,839Net Assets 2023: $840,5562023Assets 2024: $1,055,620Liabilities 2024: $43,770Net Assets 2024: $1,011,8502024Assets 2025: $1,044,547Liabilities 2025: $15,048Net Assets 2025: $1,029,4992025

Highlighted filing

2020

Assets$701,168
Liabilities$17,068
Net Assets$684,100

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $321,304Expenses 2011: $271,178Net Income 2011: $50,1262011Revenue 2012: $308,987Expenses 2012: $294,461Net Income 2012: $14,5262012Revenue 2014: $287,704Expenses 2014: $298,952Net Income 2014: -$11,2482014Revenue 2015: $262,634Expenses 2015: $239,654Net Income 2015: $22,9802015Revenue 2016: $267,561Expenses 2016: $260,873Net Income 2016: $6,6882016Revenue 2017: $363,106Expenses 2017: $295,238Net Income 2017: $67,8682017Revenue 2018: $275,866Expenses 2018: $294,854Net Income 2018: -$18,9882018Revenue 2019: $314,235Expenses 2019: $322,426Net Income 2019: -$8,1912019Revenue 2020: $287,352Expenses 2020: $326,171Net Income 2020: -$38,8192020Revenue 2021: $394,848Expenses 2021: $311,807Net Income 2021: $83,0412021Revenue 2022: $374,846Expenses 2022: $285,560Net Income 2022: $89,2862022Revenue 2023: $378,422Expenses 2023: $367,353Net Income 2023: $11,0692023Revenue 2024: $493,217Expenses 2024: $363,448Net Income 2024: $129,7692024Revenue 2025: $435,921Expenses 2025: $445,950Net Income 2025: -$10,0292025

Highlighted filing

2020

Revenue$287,352
Expenses$326,171
Net Income-$38,819
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 7, 2021
Return Version
2019v5.0
Gross Receipts
$375,088
Mission and Program Overview

Mission

Educational programs for high school students and development and continuing education for members of the food service industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$347,504$366,058▲ $18,554
Investments in Publicly Traded Securities$320,843$332,144▲ $11,301
Other Notes and Loans Receivable, Net$39,014--
Accounts Receivable$3,490--
Inventories for Sale or Use$4,558$2,966▼ $1,592
Total Assets$715,409$701,168▼ $14,241
Liabilities
Accounts Payable and Accrued Expenses$2,407$17,068▲ $14,661
Total Liabilities$2,407$17,068▲ $14,661
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$535,857$531,519▼ $4,338
Net Assets With Donor Restrictions$177,145$152,581▼ $24,564
Total Net Assets Fund Balance$713,002$684,100▼ $28,902
Total Liabilities and Net Assets / Fund Balance$715,409$701,168▼ $14,241
Compensation and Service Providers

Board Members and Trustees

NameTitle
Patrick LeePast Chairma
Joseph PrestejohnPresident
Alan MarcusDirector
Barbara PeckhamDirector
Brenda KellyDirector
Courtney WolinskyDirector
Erin RomaineDirector
Ernie TremblayDirector
Jen ZiskinDirector
Pat BandoDirector
Todd SnopkowskiDirector
Robert LuzExecutive Di
Denise HerreraFirst Vice P
Karen ColemanTreasurer
Greg WitmerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$241,907
Program Service Revenue
$33,027
Investment Income
$4,743
Other Revenue
$7,675
All Other Contributions
$241,907
Change in Net Assets
$-38,819

Audited Revenue Reconciliation

Revenue per Audited Statements
$287,352
Revenue Not Reported on Form 990
$9,917
Total Revenue per Audited Statements
$297,269
Total Revenue per Form 990
$287,352
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$225,171
Grants and Similar Amounts Paid$101,000
Total Fundraising Expense$29,782
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$101,000--$101,000
Conferences and Meetings$33,126--$33,126
All Other Expenses$12,527$1,946-$14,473
Fees for Services Accounting$9,460$2,365-$11,825
Occupancy-$5,800-$5,800
Other Expenses$11,932$21,050$5,482$5,482
Office Expenses$3,865$966-$4,831
Travel$1,248$2,671-$3,919
Fees for Service Investment Mgmnt Fees-$2,512-$2,512
Total Functional Expenses$259,079$37,310$29,782$326,171

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$326,171
Total Expenses per Audited Statements$326,171
Total Expenses per Form 990$326,171
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$2,314
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The foundation has members.

Form 990, Page 6, Part VI, Line 11B

The form 990 is provided to the board before filing.

Form 990, Page 6, Part VI, Line 12C

Compliance with the conflict of interest policy monitored and enforced through board meetings.

Form 990, Page 6, Part VI, Line 19

Documents available upon request.

Filing and Contact Details

Filer

Filer Name
Massachusetts Restaurant
EIN
04-3478931
Phone
8008523042
Address
160 EAST MAIN STREET SUITE 2, WESTBOROUGH, MA 01581

Signing Officer

Name
Robert Luz
Title
Executive Director
Phone
8008523042
Signed
2021-01-07

Organization Details

Principal Officer
Robert Luz
Formed
1999
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
150

Preparer

Firm
Bacallconniff Inc
Address
111 STATE STREET, BOSTON, MA 02109-2905
Preparer
Jeffery E Richards
Phone
6173673250
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IRS990/ProgramServiceRevenueGrp/Desc2EDUCATION SUMMIT
IRS990/ProgramServiceRevenueGrp/Desc3SPONSORSHIP - OTHER
IRS990/ProgramServiceRevenueGrp/Desc4CLASSES AND OTHER INCOME
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22746
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32350
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IRS990/PYContributionsGrantsAmt0235431
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IRS990/PYTotalExpensesAmt0322426
IRS990/PYTotalRevenueAmt0314235
IRS990/ReconcilationRevenueExpnssAmt0-38819
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0347504
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0366058
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0241907
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0207640
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0234063
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0191543
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01110584
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt040702
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt065067
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt054181
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt089734
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt069563
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0319247
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0300498
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0268337
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01464140
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/ExpensesSubtotalAmt0326171
IRS990ScheduleD/NetUnrealizedGainsInvstAmt09917
IRS990ScheduleD/RevenueNotReportedAmt09917
IRS990ScheduleD/RevenueSubtotalAmt0287352
IRS990ScheduleD/TotalExpensesPerForm990Amt0326171
IRS990ScheduleD/TotalRevenuePerForm990Amt0287352
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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0326171
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0101000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS PAID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0101
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PROVIDED TO THE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY MONITORED AND ENFORCED THROUGH BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MASS RESTAURANT ASSOCIATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0041591041
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SERVICE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0160 EAST MAIN STREET SUITE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WESTBOROUGH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd001581
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt05800
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt181000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt243200
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MASS RESTAURANT ASSOCIATION INC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.04$0.02$1.03$0.44$0.45$0.01
2024Detailed filing. Detailed filing data is available for this year.$1.06$0.04$1.01$0.49$0.36$0.13
2023Detailed filing. Detailed filing data is available for this year.$0.86$0.02$0.84$0.38$0.37$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.83$0.02$0.81$0.37$0.29$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.86$0.06$0.80$0.39$0.31$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.70$0.02$0.68$0.29$0.33$0.04
2019Summary only. Only limited summary data is available for this year.$0.72$0.00$0.71$0.31$0.32$0.01
2018Summary only. Only limited summary data is available for this year.$0.71$0.00$0.71$0.28$0.29$0.02
2017Summary only. Only limited summary data is available for this year.$0.74$0.01$0.74$0.36$0.30$0.07
2016Summary only. Only limited summary data is available for this year.$0.69$0.01$0.69$0.27$0.26$0.01
2015Summary only. Only limited summary data is available for this year.$0.68$0.00$0.68$0.26$0.24$0.02
2014Summary only. Only limited summary data is available for this year.$0.70$0.04$0.65$0.29$0.30$0.01
2012Summary only. Only limited summary data is available for this year.$0.68$0.02$0.65$0.31$0.29$0.01
2011Summary only. Only limited summary data is available for this year.$0.66$0.02$0.64$0.32$0.27$0.05