HOSPITALITY BUSINESS NETWORK FOUNDATION INC

EIN: 462010898 501(c)(3) Education

MARIETTA, GA

Total Revenue
$218,667
Total Expenses
$194,952
Total Assets
$64,859
Net Assets
$56,240
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
GA
Principal Officer
WB BALDWIN
Phone
7705099800
Tax Period
2019-01-01 to 2019-12-31

HOSPITALITY BUSINESS NETWORK FOUNDATION INC, founded in 2013, is a small nonprofit in the Education sector that reported $219K in total revenue in fiscal year 2019. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $195K left a modest 11% surplus.

Mission

THE HOSPITALITY BUSINESS NETWORK FOUNDATION, INC IS AN ORGANIZATION CONSISTING OF EXECUTIVES FROM THE PUBLIC AND PRIVATE SECTORS ENGAGED IN BUSINESS NETWORKING ACTIVITY FOR THE PURPOSE OF SHARING NEW IDEAS, BUSINESS TRENDS, PAST HISTORIES OF SUCCESS AND FAILURES, AS WELL AS BEST PRACTICES. THE ORGANIZATION MEETS FORMALLY 2 TIMES A YEAR, RAISES MONEY FROM DUES AND VARIOUS FUNDRAISING EVENTS. AT LEAST 50% OF THE NET PROCEEDS OF THE ORGANIZATION ARE BEING DONATED TO VARIOUS MILITARY CHARITIES.

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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 (2019)

Revenue Breakdown

Contributions & Grants $163,288
Program Service Revenue $8,410
Investment Income $0
Other Revenue $46,969
TOTAL REVENUE $218,667

Expense Breakdown

Grants Paid $0
Salaries & Benefits $53,948
Fundraising Expenses $0
Program Expenses $133,014
Other Expenses $141,004
TOTAL EXPENSES $194,952

Year-over-Year Comparison

2019 2018 Change
Revenue $218,667 $195,418 +0.1%
Expenses $194,952 $201,018 0.0%
Net Income $23,715 $-5,600 -5.2%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
10
Independent Members
15
Employees
1
Volunteers
45

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
$50,000
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WB BALDWIN CEO 50.00
Officer
$50,000 $0 $50,000
TONY HATCHETT Treasurer 5.00
Officer Director
$0 $0 $0
WILLIAM PATE Director 5.00
Director
$0 $0 $0
SHARON GOLDMACHER VICE CHAIR 15.00
Officer Director
$0 $0 $0
JOHN MINOR Chairman 20.00
Officer Director
$0 $0 $0
TONY HOBSON Secretary 10.00
Officer Director
$0 $0 $0
HAL NOWAK Director 5.00
Director
$0 $0 $0
SANDY JONES Director 5.00
Director
$0 $0 $0
BOB SHULER Director 5.00
Director
$0 $0 $0
RUSSELL JACOBS Director 5.00
Director
$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
2019 $218,667 $194,952 $64,859 $23,715
2018 $195,418 $201,018 $41,198 $-5,600
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