Restaurant Association of Metropolitan Washington Inc

EIN: 530163480

Washington, DC

Total Revenue
$1,768,288
Total Expenses
$2,057,811
Total Assets
$1,828,715
Net Assets
$367,970
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1934
Legal Domicile
DC
Principal Officer
Shawn Townsend
Phone
2023315990
Tax Period
2024-04-01 to 2025-03-31

Restaurant Association of Metropolitan Washington Inc, founded in 1934, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $2.1M exceeded revenue, resulting in a 16% operating deficit.

Mission

To represent restaurant owners and vendors in order to aid them in marketing their restaurants, accomplishments, and contributions to the local economy. We recognize leaders in the local industry at an annual awards event and offer cooperative marketing 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 (2024)

Revenue Breakdown

Contributions & Grants $1,597,061
Program Service Revenue $956,071
Investment Income $60,258
Other Revenue $-845,102
TOTAL REVENUE $1,768,288

Expense Breakdown

Grants Paid $16,478
Salaries & Benefits $843,019
Fundraising Expenses $0
Other Expenses $1,198,314
TOTAL EXPENSES $2,057,811

Year-over-Year Comparison

2024 2023 Change
Revenue $1,768,288 $2,248,913 -0.2%
Expenses $2,057,811 $2,308,376 -0.1%
Net Income $-289,523 $-59,463 +3.9%
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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Governance

Voting Members
8
Independent Members
8
Employees
9
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
8
$596,675
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Diane Gross Chair 2.00
Officer Director
$0 $0 $0
Gavin Coleman Immediate Past Chair 2.00
Officer Director
$0 $0 $0
Marisa Casey Vice Chair/Chair of Gov Af 2.00
Officer Director
$0 $0 $0
Jeanna Vaella Treasurer 2.00
Officer Director
$0 $0 $0
Rock Harper At-Large 2.00
Director
$0 $0 $0
Ana Reyes At-Large 2.00
Director
$0 $0 $0
Greg Casten PAC Chair 2.00
Director
$0 $0 $0
Scott Attman Educated Eats Chair 2.00
Director
$0 $0 $0
Shawn Townsend President & CEO 55.00
Officer
$264,616 $12,981 $277,597
Che Ruddell-Tabisola Vice President 40.00
Officer
$123,885 $5,919 $129,804
I-shi Patterson Vice President 40.00
Officer
$116,019 $3,255 $119,274
Andrew Kline General Counsel 15.00
Officer
$70,000 $0 $70,000
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
2025 $1,768,288 $2,057,811 $1,828,715 $-289,523
2024 $2,248,913 $2,308,376 $1,242,698 $-59,463
2023 $2,049,708 $2,167,198 $1,505,615 $-117,490
2022 $2,121,762 $2,162,273 $1,597,387 $-40,511
2021 $8,424,880 $7,934,388 $2,069,208 $490,492
2020 $1,931,005 $1,889,520 $894,010 $41,485
2019 $1,905,783 $1,928,194 $831,264 $-22,411
2018 $1,847,648 $1,753,191 $832,670 $94,457
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