WASHINGTON RESTAURANT ASSOCIATION EDUCATION FOUNDATION

EIN: 911686716 501(c)(3) Health Care

OLYMPIA, WA

Total Revenue
$514,416
Total Expenses
$471,696
Total Assets
$328,946
Net Assets
$187,142
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1929
Legal Domicile
WA
Principal Officer
ANTHONY ANTON
Phone
3609567279
Tax Period
2023-10-01 to 2024-09-30

WASHINGTON RESTAURANT ASSOCIATION EDUCATION FOUNDATION, founded in 1929, is a small nonprofit in the Health Care sector that reported $514K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $472K left a modest 8% surplus.

Mission

THE WRA EDUCATION FOUNDATION IS LEADING SOLUTIONS, CAREER DEVELOPMENT AND TRAINING PROVIDER FOR WASHINGTON STATE'S HOSPITALITY COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $493,400
Program Service Revenue $20,659
Investment Income $357
Other Revenue $0
TOTAL REVENUE $514,416

Expense Breakdown

Grants Paid $4,128
Salaries & Benefits $306,388
Fundraising Expenses $0
Program Expenses $152,009
Other Expenses $161,180
TOTAL EXPENSES $471,696

Year-over-Year Comparison

2023 2022 Change
Revenue $514,416 $628,280 -0.2%
Expenses $471,696 $174,387 +1.7%
Net Income $42,720 $453,893 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
20
Independent Members
20
Employees
N/A
Volunteers
20

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
$366,991
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN MORENO CHAIR 0.88
Officer Director
$0 $0 $0
DAVID PORTER VICE CHAIR/PAST CHAIR 0.88
Officer Director
$0 $0 $0
SHAWN GARNER TREASURER 0.88
Officer Director
$0 $0 $0
NICK MUSSER SECRETARY 0.88
Officer Director
$0 $0 $0
ELAINA HERBER MEMBER AT LARGE 0.46
Director
$0 $0 $0
MADI SOELLING MEMBER AT LARGE 0.46
Director
$0 $0 $0
WILL PARKINSON MEMBER AT LARGE 0.46
Director
$0 $0 $0
MARK BEATIE MEMBER AT LARGE 0.46
Director
$0 $0 $0
RUSSEL BRENT MEMBER AT LARGE 0.46
Director
$0 $0 $0
MICHAEL NOVAKOVICH MEMBER AT LARGE 0.46
Director
$0 $0 $0
DARRIN SODDERBERG MEMBER AT LARGE 0.46
Director
$0 $0 $0
BRET STEWART MEMBER AT LARGE 0.46
Director
$0 $0 $0
RYAN LUMACO MEMBER AT LARGE 0.46
Director
$0 $0 $0
MARY KLUKAS MEMBER AT LARGE 0.46
Director
$0 $0 $0
MATTHEW JONES MEMBER AT LARGE 0.46
Director
$0 $0 $0
POONAM PATEL MEMBER AT LARGE 0.46
Director
$0 $0 $0
CHRIS PATTERSON MEMBER AT LARGE 0.46
Director
$0 $0 $0
NAJA HOGANDER MEMBER AT LARGE 0.46
Director
$0 $0 $0
CHRISTINA VINGERUD MEMBER AT LARGE 0.46
Director
$0 $0 $0
DAVID SCHEWIGER MEMBER AT LARGE 0.46
Director
$0 $0 $0
ANTHONY ANTON PRESIDENT AND CEO 0.88
Officer
$0 $40,102 $366,991
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 $514,416 $471,696 $328,946 $42,720
2023 $628,280 $174,387 $527,102 $453,893
2022 $91,502 $69,004 $88,093 $22,498
2021 $307,285 $188,942 $112,636 $118,343
2020 $383,103 $448,985 $56,326 $-65,882
2019 $527,843 $604,752 $68,236 $-76,909
2018 $731,362 $774,296 $161,881 $-42,934
Explore More Nonprofits
Top 100 Nonprofits in Washington Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare WASHINGTON RESTAURANT ASSOCIATION EDUCATION FOUNDATION with other nonprofits in Washington and across the country.