SOCIETY FOR HOSPITALITY AND FOODSERVICE MANAGEMENT (EIN 237271660) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1973

Legal Domicile

Principal Officer

TONY BUTLER

Phone

5025749951

Tax Period

2024-01-01 to 2024-12-31

SOCIETY FOR HOSPITALITY AND FOODSERVICE MANAGEMENT, founded in 1973, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.6M left a modest 13% surplus.

Mission

THE SOCIETY FOR HOSPITALITY AND FOODSERVICE MANAGEMENT (SHFM) PROVIDES PROFESSIONAL DEVELOPMENT THROUGH RESEARCH AND INFORMATION, CONTINUING EDUCATION AND MEMBER INTERACTION IN A COLLABORATIVE ENVIRONMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $348,668

Program Service Revenue $1,465,998

Investment Income $63,795

Other Revenue $0

TOTAL REVENUE $1,878,461

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,280,434

Other Expenses $1,632,648

TOTAL EXPENSES $1,632,648

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,878,461	$1,660,428	+0.1%
Expenses	$1,632,648	$1,452,693	+0.1%
Net Income	$245,813	$207,735	+0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAQUEL WEISS FUSCO	IMMEDIATE PAST PRESIDENT	4.00	Officer Director	$0	$0	$0
ROB YAYAC	TREASURER	1.00	Officer Director	$0	$0	$0
SHAYNE VARNUM	PRESIDENT	4.00	Officer Director	$0	$0	$0
JENNA CALHOUN	PRESIDENT ELECT	4.00	Officer Director	$0	$0	$0
ERIC COOLEY	SENIOR SUPPLIER	1.00	Officer Director	$0	$0	$0
GINA BROPHY	DIRECTOR	1.00	Director	$0	$0	$0
MARITZA DASILVA	DIRECTOR	1.00	Director	$0	$0	$0
JOE GANCI	DIRECTOR	1.00	Director	$0	$0	$0
SHERRI SILVERSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
ELICIA YOUNG	DIRECTOR	1.00	Director	$0	$0	$0
GARY CROMPTON	DIRECTOR	1.00	Director	$0	$0	$0
PAM ZIMMERMAN	DIRECTOR	1.00	Director	$0	$0	$0
PAUL FAIRHEAD	DIRECTOR	1.00	Director	$0	$0	$0
ED MUGNANI	DIRECTOR	1.00	Director	$0	$0	$0
ANTONIO GRAY	DIRECTOR	1.00	Director	$0	$0	$0
ANNA BOHBOT	DIRECTOR	1.00	Director	$0	$0	$0
MBOONE UMBIMA	DIRECTOR	1.00	Director	$0	$0	$0
NATALIE LOPRESTI	YOUNG PROFESSIONAL BOARD REP	1.00	Officer Director	$0	$0	$0
AMY FRANKS	FOUNDATION CHAIR	1.00	Officer	$0	$0	$0
TONY BUTLER	EXECUTIVE DIRECTOR	20.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,878,461	$1,632,648	$1,566,804	$245,813
2023	$1,660,428	$1,452,693	$1,336,446	$207,735
2022	$1,480,955	$1,331,379	$1,100,641	$149,576
2021	$1,146,302	$1,124,354	$1,344,188	$21,948
2020	$715,496	$707,564	$964,220	$7,932

SOCIETY FOR HOSPITALITY AND FOODSERVICE MANAGEMENT