DELAWARE RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION

EIN: 473001109 501(c)(3) Food, Agriculture & Nutrition

DOVER, DE

Total Revenue
$551,734
Total Expenses
$539,719
Total Assets
$301,528
Net Assets
$298,638
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Organization Details

Formation Year
2014
Legal Domicile
DE
Principal Officer
CARRIE LEISHMAN
Phone
8663722545
Tax Period
2023-01-01 to 2023-12-31

DELAWARE RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION, founded in 2014, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $552K in total revenue in fiscal year 2023.

Mission

THE DELAWARE RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION IMPROVES THE RESTAURANT AND HOSPITALITY INDUSTRY THROUGH EDUCATION. IT SERVES THE CURRENT AND FUTURE HOSPITALITY WORKFORCE BY DEVELOPING CURRICULUM AND EDUCATIONAL PROGRAMS TO STRENGTHEN BOTH CURRENT INDUSTRY WORKERS AND HELPS TO DEVELOP THE SKILLS AND OPPORTUNITIES FOR THE NEXT GENERATION OF HOSPITALITY LEADERS.

Program Service Accomplishments

Program 1
Expenses: $217,229 Revenue: $52,431

PROSTART PROGRAM - THIS COMPREHENSIVE, CAREER-BUILDING PROGRAM BLENDS INDUSTRY-DRIVEN CLASSROOM LEARNING WITH MENTORED WORK EXPERIENCE. GIVING A "PROFESSIONAL START" TO STUDENTS THAT MAY NOT HAVE...

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PROSTART PROGRAM - THIS COMPREHENSIVE, CAREER-BUILDING PROGRAM BLENDS INDUSTRY-DRIVEN CLASSROOM LEARNING WITH MENTORED WORK EXPERIENCE. GIVING A "PROFESSIONAL START" TO STUDENTS THAT MAY NOT HAVE BEEN INTERESTED IN TRADITIONAL CAREER PATHS. IT FOCUSES ON YOUTH AND WORKFORCE DEVELOPMENT IN THE FOODSERVICE INDUSTRY. THERE ARE BOTH A STATE AND NATIONAL PROSTART COMPETITION AT WHICH TEAMS FACE OFF IN MANAGEMENT AND CULINARY COMPETITIONS WITH WINNERS RECEIVING HONORS AND SCHOLARSHIPS IN 2023, THERE WERE ABOUT 5,000 PARTICIPANTS.

Program 2
Expenses: $104,753 Revenue: $43,662

FOOD SAFETY AND HANDLING TRAINING - DELAWARE REQUIRES THE PERSON-IN-CHARGE AT A RESTAURANT TO DEMONSTRATE FOOD SAFETY KNOWLEDGE. THE ORGANIZATION OFFERS THE SERVSAFE CERTIFICATION COURSE TO MEET THIS...

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FOOD SAFETY AND HANDLING TRAINING - DELAWARE REQUIRES THE PERSON-IN-CHARGE AT A RESTAURANT TO DEMONSTRATE FOOD SAFETY KNOWLEDGE. THE ORGANIZATION OFFERS THE SERVSAFE CERTIFICATION COURSE TO MEET THIS REQUIREMENT IN PARTNERSHIP WITH ITS RELATED ORGANIZATION, THE DELAWARE RESTAUARANT ASSOCIATION. IN 2023, THERE WERE ABOUT 598 ATTENDEES.

Program 3

STUDENT TRAINING - THE ORGANIZATION HAS A FOCUS ON INFORMING AND INSPIRING DELAWARE'S YOUTH ON THE OPPORTUNITIES AWAITING IN THE FOODSERVICE INDUSTRY. THE "STEPS TO SUCCESS" CONFERENCE IS DESIGNED...

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STUDENT TRAINING - THE ORGANIZATION HAS A FOCUS ON INFORMING AND INSPIRING DELAWARE'S YOUTH ON THE OPPORTUNITIES AWAITING IN THE FOODSERVICE INDUSTRY. THE "STEPS TO SUCCESS" CONFERENCE IS DESIGNED FOR FUTURE LEADERS IN THE INDUSTRY. THE EVENT WAS CANCELLED IN 2021 DUE TO COVID RESTRICTIONS AND HAS NOT RESTARTED AS OF 2023.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $433,361
Program Service Revenue $96,093
Investment Income $59
Other Revenue $22,221
TOTAL REVENUE $551,734

Expense Breakdown

Grants Paid $11,584
Salaries & Benefits $349,172
Fundraising Expenses $0
Program Expenses $321,982
Other Expenses $178,963
TOTAL EXPENSES $539,719

Year-over-Year Comparison

2023 2022 Change
Revenue $551,734 $565,242 0.0%
Expenses $539,719 $456,934 +0.2%
Net Income $12,015 $108,308 -0.9%
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
13
Independent Members
12
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
5
$207,615
Total Directors
13
$207,615
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM HANNUM CHAIRMAN OF THE BOARD 1.00
Officer Director
$0 $0 $0
JAVIER ACUNA VICE CHAIR 0.25
Officer Director
$0 $0 $0
TIM HUNTER TREASURER 0.25
Officer Director
$0 $0 $0
KELLY O'HANLON IMMEDIATE PAST CHAIRMAN 1.00
Officer Director
$0 $0 $0
CARRIE LEISHMAN PRESIDENT & CEO 13.00
Officer Director
$103,807 $0 $207,615
MEGHAN GARDNER DIRECTOR 0.25
Director
$0 $0 $0
XAVIER TEIXIDO DIRECTOR 0.25
Director
$0 $0 $0
HANK ROSENBERG DIRECTOR 0.25
Director
$0 $0 $0
MICHELLE SOUZA DIRECTOR 0.25
Director
$0 $0 $0
COREY HARRISON DIRECTOR 0.25
Director
$0 $0 $0
RAELYNN GROGAN DIRECTOR 0.25
Director
$0 $0 $0
MICHELLE HILL-SHANER DIRECTOR 0.25
Director
$0 $0 $0
JONATHAN WICKERT DIRECTOR 0.25
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
2024 No data No data No data No data
2023 $551,734 $539,719 $301,528 $12,015
2022 $565,242 $456,934 $289,182 $108,308
2021 $461,957 $330,147 $178,315 $131,810
2020 $583,292 $650,654 $115,407 $-67,362
2019 $413,587 $399,842 $116,027 $13,745
2018 $301,346 $307,303 $101,718 $-5,957
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