Council Of Hotel And Restaurant Trainers
EIN: 237435551 · Spring Lake, NJ
| Metric | Value |
|---|---|
| Total Revenue | $956K |
| Total Expenses | $661K |
| Net Assets | $492K |
Is Council Of Hotel And Restaurant Trainers Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Council Of Hotel And Restaurant Trainers
Council Of Hotel And Restaurant Trainers (EIN: 237435551) is a nonprofit organization based in Spring Lake, NJ. The organization reported total revenue of $956K and total assets of $812K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Council Of Hotel And Restaurant Trainers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Council Of Hotel And Restaurant Trainers is a small nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $755K |
| Total Expenses | $661K |
| Surplus / Deficit | +$94K |
| Total Assets | $509K |
| Total Liabilities | $17K |
| Net Assets | $492K |
| Operating Margin | 12.5% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 9.2 months |
Financial Health Grade: A
In 2023, Council Of Hotel And Restaurant Trainers reported a surplus of $94K with revenue exceeding expenses, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Council Of Hotel And Restaurant Trainers's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.7% | -4.0% | +24.1% |
| 2022 | +155.1% | +101.1% | +2.5% |
| 2021 | -18.4% | -35.1% | -15.1% |
| 2020 | -52.2% | -11.7% | -29.7% |
| 2019 | +9.0% | +2.6% | +30.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1975 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Council Of Hotel And Restaurant Trainers has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Council Of Hotel And Restaurant Trainers with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $94K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.4%.
Frequently Asked Questions about Council Of Hotel And Restaurant Trainers
Is Council Of Hotel And Restaurant Trainers a legitimate charity?
Based on AI analysis of IRS 990 filings, Council Of Hotel And Restaurant Trainers (EIN: 237435551) insufficient data. 0 red flags identified, 0 strengths noted.
How does Council Of Hotel And Restaurant Trainers spend its money?
Detailed spending breakdown data is not yet available for Council Of Hotel And Restaurant Trainers. Check back for updated IRS 990 analysis.
Are donations to Council Of Hotel And Restaurant Trainers tax-deductible?
Council Of Hotel And Restaurant Trainers is registered as a tax-exempt nonprofit (EIN: 237435551). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Council Of Hotel And Restaurant Trainers located?
Council Of Hotel And Restaurant Trainers is headquartered in Spring Lake, New Jersey and files with the IRS under EIN 237435551.
How many years of IRS 990 filings does Council Of Hotel And Restaurant Trainers have?
Council Of Hotel And Restaurant Trainers has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $956K in total revenue.
Filing History
IRS 990 filing history for Council Of Hotel And Restaurant Trainers showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Council Of Hotel And Restaurant Trainers's revenue has grown by 47.9%, moving from $510K to $755K. Total assets increased by 61.5% over the same period, from $315K to $509K. Total functional expenses rose by 33.2%, from $496K to $661K. In its most recent filing year (2023), Council Of Hotel And Restaurant Trainers reported a surplus of $94K, with revenue exceeding expenses. The organization holds $17K in liabilities against $509K in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $492K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $755K | $661K | $509K | $17K | — | View 990 |
| 2022 | $715K | $689K | $410K | $12K | — | View 990 |
| 2021 | $280K | $342K | $400K | $28K | — | View 990 |
| 2020 | $343K | $527K | $472K | $40K | — | View 990 |
| 2019 | $719K | $597K | $671K | $55K | — | View 990 |
| 2018 | $659K | $582K | $514K | $20K | — | View 990 |
| 2017 | $622K | $571K | $417K | $0 | — | View 990 |
| 2016 | $590K | $542K | $402K | $36K | — | View 990 |
| 2015 | $580K | $525K | $326K | $9K | — | View 990 |
| 2014 | $523K | $492K | $292K | $30K | — | View 990 |
| 2013 | $535K | $569K | $293K | $61K | — | View 990 |
| 2012 | $505K | $495K | $303K | $37K | — | View 990 |
| 2011 | $510K | $496K | $315K | $60K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $755K, expenses of $661K, and assets of $509K (revenue +5.7% year-over-year).
- 2022: Revenue of $715K, expenses of $689K, and assets of $410K (revenue +155.1% year-over-year).
- 2021: Revenue of $280K, expenses of $342K, and assets of $400K (revenue -18.4% year-over-year).
- 2020: Revenue of $343K, expenses of $527K, and assets of $472K (revenue -52.2% year-over-year).
- 2019: Revenue of $719K, expenses of $597K, and assets of $671K (revenue +9.0% year-over-year).
- 2018: Revenue of $659K, expenses of $582K, and assets of $514K (revenue +5.9% year-over-year).
- 2017: Revenue of $622K, expenses of $571K, and assets of $417K (revenue +5.5% year-over-year).
- 2016: Revenue of $590K, expenses of $542K, and assets of $402K (revenue +1.7% year-over-year).
- 2015: Revenue of $580K, expenses of $525K, and assets of $326K (revenue +10.9% year-over-year).
- 2014: Revenue of $523K, expenses of $492K, and assets of $292K (revenue -2.2% year-over-year).
- 2013: Revenue of $535K, expenses of $569K, and assets of $293K (revenue +5.8% year-over-year).
- 2012: Revenue of $505K, expenses of $495K, and assets of $303K (revenue -1.0% year-over-year).
- 2011: Revenue of $510K, expenses of $496K, and assets of $315K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Council Of Hotel And Restaurant Trainers:
Data Sources and Methodology
This transparency report for Council Of Hotel And Restaurant Trainers is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.