McLean, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Foundation of the Hospitality Sales and Marketing Association International, founded in 1982, is a small nonprofit in the Community Improvement sector that reported $283K in total revenue in fiscal year 2024. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $397K exceeded revenue, resulting in a 40% operating deficit.
To expand and enhance the educational opportunities available to hospitality sales and marketing executives and to increase the amount of in-depth research conducted on behalf of the profession.
Talent Campaign/ Research: Projects that result in cutting-edge publications and educational materials that contain invaluable insights and information to the hospitality industry.Global Collegiate...
Talent Campaign/ Research: Projects that result in cutting-edge publications and educational materials that contain invaluable insights and information to the hospitality industry.Global Collegiate Commercial Strategy Case Competition: The goal of the HSMAI Foundation Global Collegiate Case Competition is to establish a cross-institution platform for future hospitality leaders to showcase professional excellence, empower hospitality education through experiential learning, and enable industry-academia collaborations to champion future hospitality leaders.
Contributions and Scholarships: Mike Dimond Student Career Success Grants are awarded annually to deserving hospitality students who are enrolled in a degree-seeking hospitality program. Awardees are...
Contributions and Scholarships: Mike Dimond Student Career Success Grants are awarded annually to deserving hospitality students who are enrolled in a degree-seeking hospitality program. Awardees are selected through a competitive process evaluating industry work experience, personal essays, professional recommendations, and academic consistency and each benefits from a specially selected mentor for a year, coverage of application fees for HSMAI Certifications, a one-year Premium LinkedIn subscription, and complimentary registration plus a travel honorarium up to $1,000 for an HSMAI Regional Strategy Conference.Leadership development through support of educational component of HSMAI Annual Leadership Development Conference.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $282,898 | $786,210 | -0.6% |
| Expenses | $397,443 | $295,480 | +0.3% |
| Net Income | $-114,545 | $490,730 | -1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Lori Kiel | Chair | 2.00 |
Officer
Director
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$0 | $0 | $0 |
| Amanda Voss | Vice Chair | 2.00 |
Officer
Director
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$0 | $0 | $0 |
| Michelle Woodley | Immediate Past Chairman | 2.00 |
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Director
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$0 | $0 | $0 |
| Katarina Stanisic | Treasurer | 2.00 |
Officer
Director
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$0 | $0 | $0 |
| Anil Aggarwal | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Anna Blue | Director | 1.00 |
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$0 | $0 | $0 |
| Phill Burgess | Director | 1.00 |
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$0 | $0 | $0 |
| Lovell Casiero | Director | 1.00 |
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$0 | $0 | $0 |
| Matthew Clyde | Director | 1.00 |
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$0 | $0 | $0 |
| Lexy Coley | Director | 1.00 |
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$0 | $0 | $0 |
| Kathleen Cullen | Director | 1.00 |
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$0 | $0 | $0 |
| Jeff Doane | Director | 1.00 |
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$0 | $0 | $0 |
| Angie Gadwood | Director | 1.00 |
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$0 | $0 | $0 |
| Dawn Gallagher | Director | 1.00 |
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$0 | $0 | $0 |
| Mike Gamble | Director | 1.00 |
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$0 | $0 | $0 |
| Michael Goldrich | Director | 1.00 |
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$0 | $0 | $0 |
| Kristi Goshow | Director | 1.00 |
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$0 | $0 | $0 |
| Noreen Henry | Director | 1.00 |
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$0 | $0 | $0 |
| Robert Kwortnik | Director | 1.00 |
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$0 | $0 | $0 |
| Dr Breffni Noone | Director | 1.00 |
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$0 | $0 | $0 |
| Anna Paccone | Director | 1.00 |
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$0 | $0 | $0 |
| Alyssa Petty | Director | 1.00 |
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$0 | $0 | $0 |
| Bernadette Ruby | Director | 1.00 |
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$0 | $0 | $0 |
| Deb Surden | Director | 1.00 |
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$0 | $0 | $0 |
| Telesa Via | Director | 1.00 |
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$0 | $0 | $0 |
| Robert A Gilbert | Executive Director through July 2024 | 5.00 |
Officer
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$0 | $0 | $0 |
| Brian Hicks | HSMAI President and CEO | 5.00 |
Officer
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $282,898 | $397,443 | $576,453 | $-114,545 |
| 2023 | $786,210 | $295,480 | $685,360 | $490,730 |
| 2022 | $253,430 | $287,244 | $202,584 | $-33,814 |
| 2021 | $398,439 | $453,080 | $230,889 | $-54,641 |
| 2020 | $143,127 | $271,030 | $287,897 | $-127,903 |
| 2019 | $241,218 | $433,003 | $410,110 | $-191,785 |
| 2018 | $75,874 | $283,842 | $614,376 | $-207,968 |
Compare Foundation of the Hospitality Sales and Marketing Association International with other nonprofits in Virginia and across the country.