Hospitality Industry Education Foundation
Hospitality Industry Education Foundation shows strong asset growth and low liabilities, with fluctuating annual revenues and expenses.
EIN: 200384367 · Albuquerque, NM · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $90K |
| Total Expenses | $56K |
| Program Spending | 85% |
| Net Assets | $510K |
| Transparency Score | 85/100 |
Is Hospitality Industry Education Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hospitality Industry Education Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hospitality Industry Education Foundation
Hospitality Industry Education Foundation (EIN: 200384367) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code B82. The organization reported total revenue of $90K and total assets of $373K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hospitality Industry Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hospitality Industry Education Foundation is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $68K |
| Total Expenses | $56K |
| Surplus / Deficit | +$12K |
| Total Assets | $510K |
| Net Assets | $510K |
| Operating Margin | 17.7% |
| Months of Reserves | 108.5 months |
Financial Health Grade: A
In 2023, Hospitality Industry Education Foundation reported a surplus of $12K with revenue exceeding expenses, holds 108.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Hospitality Industry Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.7% | -36.8% | +2.2% |
| 2022 | -85.3% | +225.3% | -5.8% |
| 2021 | +160.0% | -77.4% | +343.0% |
| 2020 | +130.9% | +65.3% | +59.7% |
| 2019 | +37.4% | +16.1% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hospitality Industry Education Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Hospitality Industry Education Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which contributes to very low administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Hospitality Industry Education Foundation's IRS 990 filings:
- Significant year-over-year revenue and expense fluctuations, such as the $431,343 revenue in 2021 compared to $63,562 in 2022, could indicate reliance on sporadic large grants or events, potentially impacting long-term financial predictability.
Strengths
The following positive indicators were identified for Hospitality Industry Education Foundation:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds and potentially a strong volunteer base.
- Very low to zero liabilities across all filing periods, demonstrating strong financial management and minimal debt burden.
- Significant growth in assets from $49,493 in 2014 to $509,647 in 2023, indicating increasing financial capacity.
- Consistent IRS 990 filing history (13 filings), reflecting strong transparency and compliance.
Frequently Asked Questions about Hospitality Industry Education Foundation
Is Hospitality Industry Education Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hospitality Industry Education Foundation (EIN: 200384367) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Hospitality Industry Education Foundation spend its money?
Hospitality Industry Education Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hospitality Industry Education Foundation tax-deductible?
Hospitality Industry Education Foundation is registered as a tax-exempt nonprofit (EIN: 200384367). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hospitality Industry Education Foundation's spending goes to programs?
Hospitality Industry Education Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hospitality Industry Education Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hospitality Industry Education Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hospitality Industry Education Foundation located?
Hospitality Industry Education Foundation is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 200384367. It is classified under NTEE code B82.
How many years of IRS 990 filings does Hospitality Industry Education Foundation have?
Hospitality Industry Education Foundation 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 $90K in total revenue.
Is Hospitality Industry Education Foundation a good charity?
Based on the available data, the Hospitality Industry Education Foundation appears to be a good charity. It maintains very low liabilities, has shown significant asset growth, and consistently reports 0% officer compensation, suggesting a strong focus on program delivery and efficient use of funds. Its consistent IRS filings also indicate good transparency.
How has the organization's financial health changed over time?
The organization's financial health has improved significantly in terms of assets, growing from $49,493 in 2014 to $509,647 in 2023. While revenue and expenses have fluctuated year-to-year (e.g., a large revenue spike in 2021 to $431,343), the overall trend shows a growing and financially stable organization with minimal debt.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a model where executive leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation on the 990 form. This approach minimizes overhead related to executive salaries.
Filing History
IRS 990 filing history for Hospitality Industry Education Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hospitality Industry Education Foundation's revenue has grown by 17.6%, moving from $58K to $68K. Total assets increased by 958.4% over the same period, from $48K to $510K. Total functional expenses fell by 19%, from $70K to $56K. In its most recent filing year (2023), Hospitality Industry Education Foundation reported a surplus of $12K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $68K | $56K | $510K | $0 | — | — |
| 2022 | $64K | $89K | $498K | $950 | — | — |
| 2021 | $431K | $27K | $529K | $9K | — | — |
| 2020 | $166K | $121K | $119K | $3K | — | — |
| 2019 | $72K | $73K | $75K | $3K | — | View 990 |
| 2018 | $52K | $63K | $78K | $4K | — | View 990 |
| 2017 | $48K | $48K | $85K | $398 | — | View 990 |
| 2016 | $64K | $51K | $85K | $0 | — | View 990 |
| 2015 | $61K | $41K | $73K | $2K | — | View 990 |
| 2014 | $61K | $38K | $49K | $0 | — | View 990 |
| 2013 | $52K | $57K | $27K | $0 | — | View 990 |
| 2012 | $47K | $62K | $33K | $1K | — | View 990 |
| 2011 | $58K | $70K | $48K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $68K, expenses of $56K, and assets of $510K (revenue +7.7% year-over-year).
- 2022: Revenue of $64K, expenses of $89K, and assets of $498K (revenue -85.3% year-over-year).
- 2021: Revenue of $431K, expenses of $27K, and assets of $529K (revenue +160.0% year-over-year).
- 2020: Revenue of $166K, expenses of $121K, and assets of $119K (revenue +130.9% year-over-year).
- 2019: Revenue of $72K, expenses of $73K, and assets of $75K (revenue +37.4% year-over-year).
- 2018: Revenue of $52K, expenses of $63K, and assets of $78K (revenue +9.7% year-over-year).
- 2017: Revenue of $48K, expenses of $48K, and assets of $85K (revenue -25.5% year-over-year).
- 2016: Revenue of $64K, expenses of $51K, and assets of $85K (revenue +4.3% year-over-year).
- 2015: Revenue of $61K, expenses of $41K, and assets of $73K (revenue +0.8% year-over-year).
- 2014: Revenue of $61K, expenses of $38K, and assets of $49K (revenue +16.4% year-over-year).
- 2013: Revenue of $52K, expenses of $57K, and assets of $27K (revenue +12.4% year-over-year).
- 2012: Revenue of $47K, expenses of $62K, and assets of $33K (revenue -20.1% year-over-year).
- 2011: Revenue of $58K, expenses of $70K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hospitality Industry Education Foundation:
Data Sources and Methodology
This transparency report for Hospitality Industry Education Foundation 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.