WISCONSIN RESTAURANT ASSOCIATION EDUCATION FOUNDATION INC

EIN: 391557486 501(c)(3)

MADISON, WI

Total Revenue
$896,522
Total Expenses
$809,808
Total Assets
$1,550,299
Net Assets
$992,944
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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
WI
Principal Officer
KRISTINE HILLMER
Phone
6082709950
Tax Period
2023-01-01 to 2023-12-31

WISCONSIN RESTAURANT ASSOCIATION EDUCATION FOUNDATION INC, founded in 1983, is a small nonprofit that reported $897K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $810K left a modest 10% surplus.

Mission

TO PROMOTE FOOD SERVICE AS A PROFESSIONAL CAREER PATH, ATTRACT AND EDUCATE FUTURE LEADERS OF THE INDUSTRY AND PROVIDE AFFORDABLE, QUALITY TRAINING AND EDUCATION FOR THOSE ALREADY WORKING IN THE INDUSTRY.

Program Service Accomplishments

Program 1
Expenses: $362,925 Revenue: $547,240

EDUCATIONAL PROGRAMS - THE FOUNDATION OFFERS EDUCATIONAL PROGRAMS WHICH ARE GEARED TO ATTRACT AND EDUCATE FUTURE LEADERS OF THE INDUSTRY AND PROVIDE AFFORDABLE, QUALITY EDUCATIONAL SEMINARS AND...

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EDUCATIONAL PROGRAMS - THE FOUNDATION OFFERS EDUCATIONAL PROGRAMS WHICH ARE GEARED TO ATTRACT AND EDUCATE FUTURE LEADERS OF THE INDUSTRY AND PROVIDE AFFORDABLE, QUALITY EDUCATIONAL SEMINARS AND CERTIFICATION FOR THOSE ALREADY WORKING IN THE INDUSTRY. EDUCATIONAL PROGRAMS INCLUDES THE PROSTART HIGH SCHOOL COLLEGE-PREP PROGRAM WHICH COMBINES CUTTING-EDGE EDUCATION WITH REALWORLD EXPERIENCE TO GUIDE STUDENTS TOWARD SUCCESS IN COLLEGE AND BEYOND. THE FOUNDATION OFFERS SERVSAFE REVIEW COURSES AND CERTIFICATION EXAMS FOR INDIVIDUAL WHO ARE SEEKING A CERTIFIED FOOD PROTECTION MANAGER CREDENTIAL.

Program 2
Expenses: $27,016 Revenue: $0

SCHOLARSHIPS - THE FOUNDATION PROVIDES SCHOLARSHIPS TO STUDENTS (BOTH TRADITIONAL AND NONTRADITIONAL) SEEKING POST-SECONDARY DEGREES IN CULINARY ARTS AND/OR RESTAURANT MANAGEMENT. THE FOUNDATION...

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SCHOLARSHIPS - THE FOUNDATION PROVIDES SCHOLARSHIPS TO STUDENTS (BOTH TRADITIONAL AND NONTRADITIONAL) SEEKING POST-SECONDARY DEGREES IN CULINARY ARTS AND/OR RESTAURANT MANAGEMENT. THE FOUNDATION ADMINISTERS SCHOLARSHIPS FUNDED BY ITS OWN ENDOWMENT FUND, WHICH ARE AWARDED ONCE A MINIMUM ENDOWMENT THRESHOLD HAS BEEN MET. SCHOLARSHIP ADMINISTRATION EXPENSES INCLUDE COSTS ASSOCIATED WITH SOLICITING APPLICANTS, PROCESSING APPLICATIONS, ORGANIZING THE SELECTION PROCESS, NOTIFYING WINNERS, AND ADMINISTERING FUNDS TO THE WINNERS' SCHOOLS OF CHOICE.

Program 3
Expenses: $13,174 Revenue: $0

PUBLIC RELATIONS - CONSISTS OF EFFORTS TO ADVANCE FOOD SERVICE TOURISM GOALS BY PROMOTING A POSITIVE INDUSTRY IMAGE THROUGH PUBLIC RELATIONS PROGRAMS. THE FOUNDATION PROMOTES EDUCATIONAL...

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PUBLIC RELATIONS - CONSISTS OF EFFORTS TO ADVANCE FOOD SERVICE TOURISM GOALS BY PROMOTING A POSITIVE INDUSTRY IMAGE THROUGH PUBLIC RELATIONS PROGRAMS. THE FOUNDATION PROMOTES EDUCATIONAL OPPORTUNITIES, PROFESSIONALISM, AND CAREER OPPORTUNITIES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $319,710
Program Service Revenue $547,240
Investment Income $48,560
Other Revenue $-18,988
TOTAL REVENUE $896,522

Expense Breakdown

Grants Paid $20,950
Salaries & Benefits $0
Fundraising Expenses $93,856
Program Expenses $413,063
Other Expenses $788,858
TOTAL EXPENSES $809,808

Year-over-Year Comparison

2023 2022 Change
Revenue $896,522 $989,062 -0.1%
Expenses $809,808 $792,693 +0.0%
Net Income $86,714 $196,369 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
22
Independent Members
22
Employees
N/A
Volunteers
29

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
5
$219,564
Total Directors
28
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT SCHUPBACH CHAIR(THRU APRIL)/IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
VICKI MENDHAM CHAIR ELECT(THRU APRIL)/CHAIR(FROM MAY) 1.00
Officer Director
$0 $0 $0
TOM ANDERSON TREASURER(THRU APRIL)/CHAIR ELECT(FROM MAY) 1.00
Officer Director
$0 $0 $0
BRYON COLEMAN TREASURER (FROM MAY) 1.00
Officer Director
$0 $0 $0
DAVID ROSS IMMEDIATE PAST CHAIR (THRU APRIL) 1.00
Director
$0 $0 $0
MAGGIE KAUER DIRECTOR 1.00
Director
$0 $0 $0
JOHN JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
RYAN DEMERS DIRECTOR 1.00
Director
$0 $0 $0
TRACY BROEKMAN DIRECTOR 1.00
Director
$0 $0 $0
SUSAN BULGRIN DIRECTOR 1.00
Director
$0 $0 $0
TOM OLSON DIRECTOR 1.00
Director
$0 $0 $0
JOANNE PALZKILL DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW BAUER DIRECTOR (THRU APRIL) 1.00
Director
$0 $0 $0
LINDSEY PEARSON DIRECTOR 1.00
Director
$0 $0 $0
RANDY BEAVER DIRECTOR (THRU APRIL) 1.00
Director
$0 $0 $0
BRADLEY BERAN DIRECTOR (THRU APRIL) 1.00
Director
$0 $0 $0
KRIS LARSON DIRECTOR 1.00
Director
$0 $0 $0
DIANE RYBERG DIRECTOR 1.00
Director
$0 $0 $0
MORGAN SCHNABL DIRECTOR 1.00
Director
$0 $0 $0
DEREK SMALL DIRECTOR (THRU APRIL) 1.00
Director
$0 $0 $0
TAMMY VAASSEN DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL CARBIENER DIRECTOR 1.00
Director
$0 $0 $0
SUZANNE FANNING DIRECTOR 1.00
Director
$0 $0 $0
TODD BERNHARDT DIRECTOR 1.00
Director
$0 $0 $0
BARKHA DAILY DIRECTOR 1.00
Director
$0 $0 $0
LISA HEBBE DIRECTOR 1.00
Director
$0 $0 $0
ADAM ROY DIRECTOR (THRU APRIL) 1.00
Director
$0 $0 $0
AMY WIMMER DIRECTOR (FROM MAY) 1.00
Director
$0 $0 $0
KRISTINE HILLMER SECRETARY, PRESIDENT & CEO 1.00
Officer
$0 $21,821 $219,564
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 No data No data No data No data
2023 $896,522 $809,808 $1,550,299 $86,714
2022 $989,062 $792,693 $1,504,825 $196,369
2021 $842,146 $670,096 $1,605,124 $172,050
2020 $720,576 $633,192 $1,463,624 $87,384
2019 $805,652 $782,887 $1,320,862 $22,765
2018 $772,888 $762,335 $1,237,324 $10,553
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