NH Lodging and Restaurant Association Education Foundation (EIN 593789099) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Phone

6032289585

Tax Period

2023-10-01 to 2024-09-30

NH Lodging and Restaurant Association Education Foundation, founded in 2010, is a small nonprofit in the Education sector that reported $275K in total revenue in fiscal year 2023. Revenue surged 76% from the prior year, signaling strong growth momentum. The organization ran a surplus of $81K, a strong 30% operating margin.

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. SUCH PURPOSES SHALL INCLUDE GRANTING OF SCHOLARSHIPS TO FURTHER THE EDUCATION AND TRAINING OF PEOPLE CURRENTLY EMPLOYED OR THOSE SEEKING EMPLOYMENT IN THE HOSPITALITY INDUSTRY

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $180,590

Program Service Revenue $88,047

Investment Income $5,885

Other Revenue $0

TOTAL REVENUE $274,522

Expense Breakdown

Grants Paid $27,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $179,916

Other Expenses $166,306

TOTAL EXPENSES $193,306

Year-over-Year Comparison

	2023	2022	Change
Revenue	$274,522	$156,229	+0.8%
Expenses	$193,306	$87,905	+1.2%
Net Income	$81,216	$68,324	+0.2%

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kelsey Hayes	Chairman	0.00	Officer Director	$0	$0	$0
Rick Spalding	Vice President	0.00	Officer Director	$0	$0	$0
Michael Somers	Treasurer	2.00	Officer Director	$0	$0	$0
Robert McCarthy	Director	0.00	Director	$0	$0	$0
Pamela Bissonnette	Director	0.00	Director	$0	$0	$0
Dominic Berry	Director	0.00	Director	$0	$0	$0
Garrik Berry	Director	0.00	Director	$0	$0	$0
Willow Furey-Calder	Secretary	0.00	Officer Director	$0	$0	$0
Amie Pariseau	Director	0.00	Director	$0	$0	$0
Gary Sheldon	Director	0.00	Director	$0	$0	$0
Isabelle Downs	Director	0.00	Director	$0	$0	$0
Sydney Sturdevant	Director	0.00	Director	$0	$0	$0
William Walsh	Director	0.00	Director	$0	$0	$0
Jennifer Haskins	Director	0.00	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
2024	$274,522	$193,306	$333,857	$81,216
2023	$156,229	$87,905	$259,236	$68,324
2022	$93,944	$92,328	$186,412	$1,616
2021	$90,717	$90,641	$184,846	$76
2020	$353,959	$187,547	$184,720	$166,412

NH Lodging and Restaurant Association Education Foundation