Civic Intelligence

Iowa Restaurant Association Education Foundation

990EZ • Fiscal year 2015 • EIN 42-1505368

Jan 01, 2015 to Dec 31, 2015 • Filed on May 10, 2016

1504 42nd St Ste 294West Des Moines, IA 50266

(515) 276-1454

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

55th percentile

5.3%

Higher net margin than 55% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$41,988

No earlier filing loaded for comparison.

Net Assets

$40,988

No earlier filing loaded for comparison.

Liabilities

$1,000

No earlier filing loaded for comparison.

Revenue

$83,534

No earlier filing loaded for comparison.

Expenses

$79,127

No earlier filing loaded for comparison.

Net Income

$4,407

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2015: $41,988Liabilities 2015: $1,000Net Assets 2015: $40,9882015Assets 2016: $53,005Liabilities 2016: $3,759Net Assets 2016: $49,2462016Assets 2017: $50,786Liabilities 2017: $2,989Net Assets 2017: $47,7972017Assets 2018: $55,571Liabilities 2018: $4,699Net Assets 2018: $50,8722018Assets 2019: $59,761Liabilities 2019: $3,483Net Assets 2019: $56,2782019Assets 2020: $92,605Liabilities 2020: $11,594Net Assets 2020: $81,0112020Assets 2021: $98,880Liabilities 2021: $7,055Net Assets 2021: $91,8252021Assets 2022: $89,673Liabilities 2022: $6,831Net Assets 2022: $82,8422022Assets 2023: $55,951Liabilities 2023: $5,698Net Assets 2023: $50,2532023Assets 2024: $44,728Liabilities 2024: $3,860Net Assets 2024: $40,8682024

Highlighted filing

2015

Assets$41,988
Liabilities$1,000
Net Assets$40,988

Operations Trend

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

$200K$100K$0-$100KRevenue 2015: $83,534Expenses 2015: $79,127Net Income 2015: $4,4072015Revenue 2016: $134,162Expenses 2016: $125,903Net Income 2016: $8,2592016Revenue 2017: $127,010Expenses 2017: $128,462Net Income 2017: -$1,4522017Revenue 2018: $139,600Expenses 2018: $136,524Net Income 2018: $3,0762018Revenue 2019: $148,243Expenses 2019: $142,838Net Income 2019: $5,4052019Revenue 2020: $175,467Expenses 2020: $150,731Net Income 2020: $24,7362020Revenue 2021: $158,103Expenses 2021: $147,289Net Income 2021: $10,8142021Revenue 2022: $164,928Expenses 2022: $173,912Net Income 2022: -$8,9842022Revenue 2023: $126,365Expenses 2023: $158,955Net Income 2023: -$32,5902023Revenue 2024: $167,463Expenses 2024: $176,847Net Income 2024: -$9,3842024

Highlighted filing

2015

Revenue$83,534
Expenses$79,127
Net Income$4,407
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 10, 2016
Return Version
2015v2.1
Gross Receipts
$83,534
Mission and Program Overview

Mission

Works to advance professionalism and career opportunities in the hospitality industry through education, scholarships and community involvement. The foundation focuses on stregthening today's workforce by providing educational opportunities for professional development and employee retention for those already in the industry. Work with public schools to build strong public/private partnerships in education. Promotes awareness of hospitality as a professional career path and strengthens and improves educational offerings and opportunities for the advancement of the restaurant and retail beverage industries in the state of iowa.

Works to advance professionalism and career opportunities in the hospitality industry through education, scholarships and community involvement. The foundation focuses on stregthening today's workforce by providing educational opportunities for professional development and employee retention for those already in the industry. Work with public schools to build strong public/private partnmerships in education. Promotes awareness of hospitality as a professional career path and strengthens and improves educational offerings and opportunities for the advancement of the restaurant and retail beverage industries in the state of iowa.

Program Services

DescriptionGrantsExpenses
GROWN PROSTART HIGH SCHOOL CAREER TECH EDUCATION PROGRAM IN IOWA SCHOOLS .INCREASED COMMUNITY INVOLVEMENT AND EDUCATIONAL PROGRAMS.-$41,856
1)GROWN PROSTART HIGH SCHOOL CAREER TECH EDUCATION PROGRAM IN IOWA SCHOOLS.-$20,013
2)INCREASED COMMUNITY INVOLVEMENT AND EDUCATIONAL PROGRAMS.-$7,250
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MAY SCHABENDirectorFT$0--
JEANINE BUCKINGHAMChair-$0--
CHARLES CAMPBELLChair Elect-$0--
JOHN ANDRESTreasurer-$0--
MICHAEL RASTRELLIPast Chair-$0--
ROBERT ANDERSONDirector-$0--
CRYSTAL SMITHDirector-$0--
DUSTIN TYLERDirector-$0--
ERIC WALKERDirector-$0--
PATRICIA WEIDNERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Iowa Restaurant Association
EIN
42-1505368
Phone
5152761454
Address
1504 42ND ST STE 294, WEST DES MOINES, IA 50266

Signing Officer

Name
May Schaben
Title
Director
Phone
5152761454
Signed
2016-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Financial Care Professionals Lc
Address
4920 PLEASANT SUITE 1, WEST DES MOINES, IA 50266-6505
Preparer
Rodney D Olson
Phone
5152246003
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 20,013 7,250 meetings & conferences 1,886 office supplies 640 bank service charges 565 executive director reimbu 2,192 total 32,546

Form 990-ez, Part II, Line 26

DEFERRED REVENUE 0 1,000

Form 990-ez, Part III

Works to advance professionalism and career opportunities in the hospitality industry through education, scholarships and community involvement. The foundation focuses on stregthening today's workforce by providing educational opportunities for professional development and employee retention for those already in the industry. Work with public schools to build strong public/private partnmerships in education. Promotes awareness of hospitality as a professional career path and strengthens and improves educational offerings and opportunities for the advancement of the restaurant and retail beverage industries in the state of iowa.

Form 990-ez, Part III, Line 31

Grown prostart high school career tech education program in iowa schools .increased community involvement and educational programs.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 20,013 7,250 MEETINGS & CONFERENCES 1,886 OFFICE SUPPLIES 640 BANK SERVICE CHARGES 565 EXECUTIVE DIRECTOR REIMBU 2,192 TOTAL 32,546
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WORKS TO ADVANCE PROFESSIONALISM AND CAREER OPPORTUNITIES IN THE HOSPITALITY INDUSTRY THROUGH EDUCATION, SCHOLARSHIPS AND COMMUNITY INVOLVEMENT. THE FOUNDATION FOCUSES ON STREGTHENING TODAY'S WORKFORCE BY PROVIDING EDUCATIONAL OPPORTUNITIES FOR PROFESSIONAL DEVELOPMENT AND EMPLOYEE RETENTION FOR THOSE ALREADY IN THE INDUSTRY. WORK WITH PUBLIC SCHOOLS TO BUILD STRONG PUBLIC/PRIVATE PARTNMERSHIPS IN EDUCATION. PROMOTES AWARENESS OF HOSPITALITY AS A PROFESSIONAL CAREER PATH AND STRENGTHENS AND IMPROVES EDUCATIONAL OFFERINGS AND OPPORTUNITIES FOR THE ADVANCEMENT OF THE RESTAURANT AND RETAIL BEVERAGE INDUSTRIES IN THE STATE OF IOWA.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
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