Civic Intelligence

Ifma Educational Foundation

990 • Fiscal year 2023 • EIN 23-7220674

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

Organization ProfileWWW.ifmaworld.com
180 N Stetson Avenue Ste 850Chicago, IL 60601

(312) 540-4400

Siviq Scores

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

Liabilities / Assets

30th percentile

0.01x

Higher debt load relative to assets than 30% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

34th percentile

0.03x

Higher debt load relative to revenue than 34% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

66th percentile

13%

Higher net margin than 66% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

98th percentile

$641,675

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 117.8% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

13th percentile

-10%

Faster asset growth than 13% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

59th percentile

13%

Faster revenue growth than 59% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets30th percentile

Assets

Down

$1,680,499

Down $188,668 (-10%) from 2022

Net Assets

Down

$1,665,999

Down $66,405 (-3.8%) from 2022

Liabilities

Down

$14,500

Down $122,263 (-89%) from 2022

Revenue And Expenses
Liabilities / Revenue34th percentileNet Margin66th percentile

Revenue

Up

$544,486

Up $62,601 (+13%) from 2022

Expenses

Down

$475,585

Down $34,375 (-6.7%) from 2022

Net Income

Up

$68,901

Up $96,976 (+345%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $616,858Liabilities 2011: $59,000Net Assets 2011: $557,8582011Assets 2012: $1,020,131Liabilities 2012: $220,290Net Assets 2012: $799,8412012Assets 2013: $1,027,824Liabilities 2013: $117,840Net Assets 2013: $909,9842013Assets 2014: $1,119,140Liabilities 2014: $210,014Net Assets 2014: $909,1262014Assets 2015: $1,065,291Liabilities 2015: $182,950Net Assets 2015: $882,3412015Assets 2016: $1,056,610Liabilities 2016: $223,850Net Assets 2016: $832,7602016Assets 2017: $1,167,909Liabilities 2017: $178,777Net Assets 2017: $989,1322017Assets 2018: $1,177,692Liabilities 2018: $302,305Net Assets 2018: $875,3872018Assets 2019: $1,343,149Liabilities 2019: $330,780Net Assets 2019: $1,012,3692019Assets 2020: $1,265,828Liabilities 2020: $194,982Net Assets 2020: $1,070,8462020Assets 2021: $1,971,179Liabilities 2021: $373,400Net Assets 2021: $1,597,7792021Assets 2022: $1,869,167Liabilities 2022: $136,763Net Assets 2022: $1,732,4042022Assets 2023: $1,680,499Liabilities 2023: $14,500Net Assets 2023: $1,665,9992023Assets 2024: $1,732,868Liabilities 2024: $205,500Net Assets 2024: $1,527,3682024

Highlighted filing

2023

Assets$1,680,499
Liabilities$14,500
Net Assets$1,665,999
Open 2023 Filing

Operations Trend

Revenue Growth59th percentile

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $84,0412011Expenses 2012: $199,4462012Revenue 2013: $259,937Expenses 2013: $189,856Net Income 2013: $70,0812013Revenue 2014: $288,172Expenses 2014: $289,030Net Income 2014: -$8582014Revenue 2015: $347,073Expenses 2015: $307,129Net Income 2015: $39,9442015Revenue 2016: $218,994Expenses 2016: $271,692Net Income 2016: -$52,6982016Revenue 2017: $352,452Expenses 2017: $333,927Net Income 2017: $18,5252017Revenue 2018: $282,571Expenses 2018: $399,099Net Income 2018: -$116,5282018Revenue 2019: $286,988Expenses 2019: $349,069Net Income 2019: -$62,0812019Revenue 2020: $255,050Expenses 2020: $82,816Net Income 2020: $172,2342020Revenue 2021: $215,500Expenses 2021: $133,294Net Income 2021: $82,2062021Revenue 2022: $481,885Expenses 2022: $509,960Net Income 2022: -$28,0752022Revenue 2023: $544,486Expenses 2023: $475,585Net Income 2023: $68,9012023Revenue 2024: $498,756Expenses 2024: $636,991Net Income 2024: -$138,2352024

Highlighted filing

2023

Revenue$544,486
Expenses$475,585
Net Income$68,901
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$544,486
Mission and Program Overview

Mission

Primary purpose is to fund scholarships and support curriculum and training programs for persons interested in a career in the foodservice industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,079,887$1,040,310▼ $39,577
Cash and Non-Interest-Bearing Accounts$153,559$17,771▼ $135,788
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,869,167$1,680,499▼ $188,668
Other Assets Total$635,721$622,418▼ $13,303
Liabilities
Accounts Payable and Accrued Expenses$136,763$11,000▼ $125,763
Other Liabilities$0$3,500▲ $3,500
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$136,763$14,500▼ $122,263
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,732,404$1,665,999▼ $66,405
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,732,404$1,665,999▼ $66,405
Total Liabilities and Net Assets / Fund Balance$1,869,167$1,680,499▼ $188,668

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$622,418--
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Anthony DePaoloExecutive DirectorFT$78,271$78,271

Board Members and Trustees

NameTitle
Philip KafarakisPresident & CEO
Greg CocchiarellaTrustee
Herb RingTrustee
Hugh RothTrustee
Teri TrullingerTrustee
Tim WayneTrustee
Jennifer TarulisChief Financial Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$399,945
Program Service Revenue
$0
Investment Income
$144,541
Other Revenue
$0
All Other Contributions
$399,945
Change in Net Assets
$68,901
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$335,195
Grants and Similar Amounts Paid$140,390
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings-$162,905-$162,905
Advertising-$152,476-$152,476
Grants to Domestic Orgs$140,390--$140,390
Travel-$12,034-$12,034
Fees for Service Investment Mgmnt Fees-$7,267-$7,267
Other Expenses-$270-$270
Information Technology-$243-$243
Total Functional Expenses$140,390$335,195$0$475,585
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Gold Plate Society$3,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, PART VI, SECTION B, LINE 11B:

“The return is reviewed by the organization's chief financial officer.”

FORM 990, PART VI, SECTION B, LINE 12C:

“The conflict of interest policy is reviewed annually and employees are required to sign agreement and compliance with policy.”

FORM 990, PART VI, SECTION B, LINES 15A AND 15B:

“There are no compensation policies since the organization has no paid employees.”

FORM 990, PART VI, SECTION C, LINE 19:

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
IFMA Educational Foundation
EIN
23-7220674
In Care Of
% JENNIFER TARULIS
Phone
3125404400
Address
180 N STETSON AVENUE STE 850, CHICAGO, IL 60601

Signing Officer

Name
Jennifer Tarulis
Title
CFO
Phone
3125404400
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Tarulis
Formed
1972
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Bdo USA
Address
330 N Wabash Suite 3200, CHICAGO, IL 60611
Preparer
Kelly R Raquet
Phone
3128569100
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IRS990/OtherExpensesGrp/TotalAmt0270
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt03500
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0JENNIFER TARULIS
IRS990/PriorPeriodAdjustmentsAmt0-135306
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0481885
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt031000
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0478960
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-28075
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0509960
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0481885
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt068901
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0399945
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0481885
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0215500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0255050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0286988
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01639368
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct00.99865
IRS990ScheduleA/PublicSupportTotal170Amt01639368
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0399945
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0481885
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0215500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0255050
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0286988
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01639368
IRS990ScheduleA/TotalSupportAmt01639368
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0622418
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM IFMA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO GOLD PLATE SOCIETY
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0622418
IRS990ScheduleD/TotalLiabilityAmt03500
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0106875
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt153300
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0484300
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1256926
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt050500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt139299
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PHILIP KAFARAKIS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JENNIFER TARULIS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CHIEF FINANCIAL OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0641675
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1349525
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0PHILIP KAFARAKIS, A DIRECTOR FOR IFMA EDUCATIONAL FOUNDATION, IS THE CEO OF INTERNATIONAL FOODSERVICE MANUFACTURERS ASSOCIATION (IFMA), A RELATED ORGANIZATION. THE COMPENSATION COMMITTEE COMPOSED OF PAST CHAIRMAN, CURRENT CHAIRMAN AND INCOMING CHAIRMAN REVIEWS THE PERFORMANCE OF THE CEO ON AN ANNUAL BASIS UTILIZING GOALS AND OBJECTIVES THAT ARE SET AT BEGINNING OF YEAR. RECOMMENDATIONS OF SALARY COMMITTEE ARE DOCUMENTED AND APPROVED BY THE ELECTIVE COMMITTEE OF THE BOARD. COMPARATIVE COMPENSATION DATA WAS UTILIZED BY COMMITTEE IN DETERMINING MOST RECENT EMPLOYMENT AGREEMENT.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule J, Part I, Line 3:
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN IS REVIEWED BY THE ORGANIZATION'S CHIEF FINANCIAL OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND EMPLOYEES ARE REQUIRED TO SIGN AGREEMENT AND COMPLIANCE WITH POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE ARE NO COMPENSATION POLICIES SINCE THE ORGANIZATION HAS NO PAID EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINES 15A AND 15B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19:
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Int'l Foodservice Manufacturers Assoc

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,680,499
Liabilities
$14,500
Net assets
$1,665,999
Revenue
$544,486
Expenses
$475,585
Net income
$68,901
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.73$0.21$1.53$0.50$0.64$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.68$0.01$1.67$0.54$0.48$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$0.14$1.73$0.48$0.51$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.97$0.37$1.60$0.22$0.13$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.19$1.07$0.26$0.08$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.33$1.01$0.29$0.35$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.30$0.88$0.28$0.40$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.18$0.99$0.35$0.33$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.22$0.83$0.22$0.27$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.07$0.18$0.88$0.35$0.31$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.12$0.21$0.91$0.29$0.29$0.00
2013Detailed filing. Detailed filing data is available for this year.$1.03$0.12$0.91$0.26$0.19$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.22$0.80$0.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.06$0.56$0.08
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