International Association of Women Chefs and Restaurateurs

EIN: 831030342 501(c)(3)

Deerfield, IL

Total Revenue
$94,613
Total Expenses
$165,005
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
DC
Principal Officer
ELIZABETH FALKNER
Phone
7037399001
Tax Period
2019-06-01 to 2020-05-31

International Association of Women Chefs and Restaurateurs, founded in 2018, is a micro nonprofit that reported $95K in total revenue in fiscal year 2019. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $165K exceeded revenue, resulting in a 74% operating deficit.

Mission

WOMEN CHEFS & RESTAURATEURS EXECUTES ITS MISSION OF EDUCATING AND INSPIRING WOMEN IN THE CULINARY INDUSTRY BY OFFERING EDUCATIONAL PROGRAMMING AND RESOURCES, PROVIDING SCHOLARSHIPS AND MENTORSHIP OPPORTUNITIES, CREATING OPPORTUNITIES FOR CONNECTION AND PROMOTING BROADER AWARENESS OF THE STORIES OF FEMALE PROFESSIONALS IN THE INDUSTRY STORIES OF FEMALE PROFESSIONALS IN THE INDUSTRY

Program Service Accomplishments

Program 1
Expenses: $30,281

Conferences and Other Programming - The programmatic activities of WCR are focused on educating and expanding opportunities for women in the food industry. WCR's programming includes a National...

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Conferences and Other Programming - The programmatic activities of WCR are focused on educating and expanding opportunities for women in the food industry. WCR's programming includes a National Conference, which is an annual two-day event held in rotating cities through the United States, and a Biennial Canadian Conference, as well as other events. WCR's conferences, which are open to the general public, offer valuable training and instruction for attendees, while providing women in the industry an opportunity to meet and learn from one another in an educational and social setting. Conferences feature interviews and conversations on a variety of topics, including Leadership and Culture, Food Sustainability and Transparency, Mental Health and Wellness, Food Waste, Leveling the Funding Field, Facing the Labor Crisis, and Empowerment in the Workplace. Conferences also offer training on a variety of specific skills, how to develop and get a product to market and the operational differences between a personal and a private chef. WCR also offers a variety of other events, some provided free of charge and others offered for a fee, that provide opportunities for education and connection. These events include Regional Education Sessions, which constitute a single day of educational and inspirational programming, as well as local two-to-four hour social and educational gatherings.

Program 2
Expenses: $40,399

Films and Newsletters - WCR believes that in order to educate women in the culinary industry, it is important to recognize the women who have created meaningful impact in the industry. WCR therefore...

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Films and Newsletters - WCR believes that in order to educate women in the culinary industry, it is important to recognize the women who have created meaningful impact in the industry. WCR therefore produces, supports, and funds films and videos that advance the recognition of such women. WCR also produces a monthly e-newsletter through which it engages its six thousand opt-in subscribers by keeping them informed of industry opportunities, issues, and tools that support strong professional and personal development. By highlighting and celebrating individual success in the industry, this newsletter helps women in the industry to learn from and about one another.

Program 3

Scholarships and Internships - Since education is a primary tenet of WCR's mission, WCR strives to encourage its members to be lifelong learners. WCR supports this endeavor by awarding unique...

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Scholarships and Internships - Since education is a primary tenet of WCR's mission, WCR strives to encourage its members to be lifelong learners. WCR supports this endeavor by awarding unique learning opportunities to its members who seek culinary and continuing education opportunities. WCR offers scholarships and internships throughout the United States and Canada that cover a myriad of food industry careers. WCR has awarded over 400 opportunities to members since its inception. All WCR members are eligible to apply, and a selection committee made up of professionals in the culinary industry ultimately decide who is awarded the roughly 20 annual scholarships. Mentorship Program - WCR is currently piloting a mentorship program focused on connecting women at various levels in their culinary careers to resources, individuals, and organizations that can help them navigate the landscape of the industry. Through this program, WCR brings together roughly ten mentors, talented chefs who embody the values of L.E.A.D. (Listen to your employees, Empower your team, Address harassment quickly and with repercussions, and Define the culture), and pairs them with a diverse cross-section of approximately twenty committed mentees. Partnerships with other organizations - WCR provides additional educational and hands-on training opportunities by partnering with other organizations whose missions align with that of WCR. Through these partnerships WCR can share information about various events and resources, and even offer comped attendance to some of these organizations' events. Through reciprocity relationships with allied organizations, WCR is able to offer varied opportunities to its members and share its own educational and inspiring content with a broader audience.

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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 $47,397
Program Service Revenue $41,134
Investment Income $82
Other Revenue $6,000
TOTAL REVENUE $94,613

Expense Breakdown

Grants Paid $0
Salaries & Benefits $69,281
Fundraising Expenses $1,158
Program Expenses $70,680
Other Expenses $95,724
TOTAL EXPENSES $165,005

Year-over-Year Comparison

2019 2018 Change
Revenue $94,613 $248,643 -0.6%
Expenses $165,005 $301,527 -0.5%
Net Income $-70,392 $-52,884 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
41

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
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH FALKNER PRESIDENT 2.0
Officer Director
$0 $0 $0
KELLY FIELDS Vice President 1.0
Officer Director
$0 $0 $0
AMANDA COHEN Treasurer 1.0
Officer Director
$0 $0 $0
KARA MACIEL Secretary 2.0
Officer Director
$0 $0 $0
KIM BARTMANN PRESIDENT EMERITUS 2.0
Officer Director
$0 $0 $0
KAREN AKUNOWICZ DIRECTOR 1.0
Director
$0 $0 $0
MICHELLE BATTISTA Director 1.0
Director
$0 $0 $0
GWYNETH BORDEN DIRECTOR 1.0
Director
$0 $0 $0
TIFFANI FAISON Director 1.0
Director
$0 $0 $0
BONNIE MOORE DIRECTOR 1.0
Director
$0 $0 $0
ERIKA NAKAMURA DIRECTOR 1.0
Director
$0 $0 $0
JACQUI PRESSINGER Director 1.0
Director
$0 $0 $0
SURBHI SAHNI Director 1.0
Director
$0 $0 $0
ELLE SIMONE SCOTT Director 1.0
Director
$0 $0 $0
DANIELLA SENIOR Director 1.0
Director
$0 $0 $0
CARRIE SUMMER Director 1.0
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
2020 $94,613 $165,005 No data $-70,392
2019 $248,643 $301,527 $93,336 $-52,884
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