Restaurant Facility Management Association
Restaurant Facility Management Association faces recent deficits despite growing assets.
EIN: 202035468 · Frisco, TX · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.8M |
| Total Expenses | $4.6M |
| Program Spending | 75% |
| Net Assets | $3.7M |
| Transparency Score | 75/100 |
Is Restaurant Facility Management Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Restaurant Facility Management Association directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Restaurant Facility Management Association
Restaurant Facility Management Association (EIN: 202035468) is a nonprofit organization based in Frisco, TX, classified under NTEE code S41. The organization reported total revenue of $4.8M and total assets of $7.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Restaurant Facility Management Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Restaurant Facility Management Association is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.2M |
| Total Expenses | $4.6M |
| Surplus / Deficit | $-440,713 |
| Total Assets | $7.1M |
| Total Liabilities | $3.4M |
| Net Assets | $3.7M |
| Operating Margin | -10.6% |
| Debt-to-Asset Ratio | 47.6% |
| Months of Reserves | 18.4 months |
Financial Health Grade: B
In 2023, Restaurant Facility Management Association reported a deficit of $441K with expenses exceeding revenue, holds 18.4 months of operating reserves (strong position), has a debt-to-asset ratio of 47.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Restaurant Facility Management Association's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.8% | +8.6% | +4.1% |
| 2022 | -14.9% | +26.3% | -11.6% |
| 2021 | -17.3% | -16.9% | +2.0% |
| 2020 | +2.7% | +0.5% | -8.8% |
| 2019 | -1.0% | +15.7% | +9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Restaurant Facility Management Association with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Restaurant Facility Management Association allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $441K, with expenses exceeding revenue.
- Debt-to-asset ratio: 47.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers or it is not categorized as such, which is a positive sign for resource allocation to mission-related activities.
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 Restaurant Facility Management Association's IRS 990 filings:
- Expenses exceeded revenue in 2022 and 2023, with a deficit of $1,284,884 in 2022 and $440,713 in 2023.
- Liabilities have shown a consistent upward trend, increasing from $2,560,445 in 2014 to $3,373,016 in 2023.
Strengths
The following positive indicators were identified for Restaurant Facility Management Association:
- Consistent asset growth over the past decade, from $5,084,547 in 2014 to $7,087,807 in 2023.
- Reported 0% officer compensation across all available filings, indicating efficient use of funds or alternative compensation structures.
- Long history of financial filings (13 filings), suggesting established operations and transparency.
Frequently Asked Questions about Restaurant Facility Management Association
Is Restaurant Facility Management Association a legitimate charity?
Restaurant Facility Management Association (EIN: 202035468) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.8M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Restaurant Facility Management Association spend its money?
Restaurant Facility Management Association directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Restaurant Facility Management Association tax-deductible?
Restaurant Facility Management Association is registered as a tax-exempt nonprofit (EIN: 202035468). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Restaurant Facility Management Association's spending goes to programs?
Restaurant Facility Management Association directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Restaurant Facility Management Association compare to similar nonprofits?
With a transparency score of 75/100 (Good), Restaurant Facility Management Association is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Restaurant Facility Management Association located?
Restaurant Facility Management Association is headquartered in Frisco, Texas and files with the IRS under EIN 202035468. It is classified under NTEE code S41.
How many years of IRS 990 filings does Restaurant Facility Management Association have?
Restaurant Facility Management Association 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 $4.8M in total revenue.
Is RFMA a good charity?
RFMA appears to be a financially stable organization with a long history of operations. While recent years show expenses exceeding revenue, its consistent asset growth and reported 0% officer compensation are positive indicators. Its NTEE code S41 suggests it's a business/professional organization, not a traditional charity, so 'good charity' might not be the most appropriate framing, but it seems to manage its finances reasonably well for its type.
Why are expenses exceeding revenue in recent years?
In 2023, RFMA's expenses were $4,611,066 against revenues of $4,170,353, resulting in a deficit of $440,713. This trend was more pronounced in 2022, with expenses of $4,246,144 against revenues of $2,961,260, leading to a deficit of $1,284,884. This could be due to increased program costs, operational expansions, or temporary dips in revenue, and warrants further investigation into the specific line items of their expenses.
What is the trend in RFMA's assets and liabilities?
RFMA's assets have shown consistent growth over the past decade, from $5,084,547 in 2014 to $7,087,807 in 2023. However, liabilities have also increased significantly, from $2,560,445 in 2014 to $3,373,016 in 2023, indicating a growing financial obligation alongside asset accumulation.
Filing History
IRS 990 filing history for Restaurant Facility Management Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Restaurant Facility Management Association's revenue has grown by 137.7%, moving from $1.8M to $4.2M. Total assets increased by 192.3% over the same period, from $2.4M to $7.1M. Total functional expenses rose by 208.5%, from $1.5M to $4.6M. In its most recent filing year (2023), Restaurant Facility Management Association reported a deficit of $441K, with expenses exceeding revenue. The organization holds $3.4M in liabilities against $7.1M in assets (debt-to-asset ratio: 47.6%), resulting in net assets of $3.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.2M | $4.6M | $7.1M | $3.4M | — | View 990 |
| 2022 | $3.0M | $4.2M | $6.8M | $3.0M | — | — |
| 2021 | $3.5M | $3.4M | $7.7M | $2.3M | — | View 990 |
| 2020 | $4.2M | $4.0M | $7.6M | $2.1M | — | View 990 |
| 2019 | $4.1M | $4.0M | $8.3M | $3.3M | — | View 990 |
| 2018 | $4.1M | $3.5M | $7.5M | $3.0M | — | View 990 |
| 2017 | $4.1M | $3.6M | $6.9M | $2.8M | — | View 990 |
| 2016 | $3.6M | $3.1M | $6.3M | $2.7M | — | View 990 |
| 2015 | $3.2M | $2.6M | $5.7M | $2.5M | — | View 990 |
| 2014 | $3.0M | $2.4M | $5.1M | $2.6M | — | View 990 |
| 2013 | $2.7M | $2.0M | $4.3M | $2.3M | — | View 990 |
| 2012 | $2.2M | $1.8M | $3.3M | $1.9M | — | View 990 |
| 2011 | $1.8M | $1.5M | $2.4M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.2M, expenses of $4.6M, and assets of $7.1M (revenue +40.8% year-over-year).
- 2022: Revenue of $3.0M, expenses of $4.2M, and assets of $6.8M (revenue -14.9% year-over-year).
- 2021: Revenue of $3.5M, expenses of $3.4M, and assets of $7.7M (revenue -17.3% year-over-year).
- 2020: Revenue of $4.2M, expenses of $4.0M, and assets of $7.6M (revenue +2.7% year-over-year).
- 2019: Revenue of $4.1M, expenses of $4.0M, and assets of $8.3M (revenue -1.0% year-over-year).
- 2018: Revenue of $4.1M, expenses of $3.5M, and assets of $7.5M (revenue +2.1% year-over-year).
- 2017: Revenue of $4.1M, expenses of $3.6M, and assets of $6.9M (revenue +13.0% year-over-year).
- 2016: Revenue of $3.6M, expenses of $3.1M, and assets of $6.3M (revenue +12.8% year-over-year).
- 2015: Revenue of $3.2M, expenses of $2.6M, and assets of $5.7M (revenue +7.4% year-over-year).
- 2014: Revenue of $3.0M, expenses of $2.4M, and assets of $5.1M (revenue +11.3% year-over-year).
- 2013: Revenue of $2.7M, expenses of $2.0M, and assets of $4.3M (revenue +23.5% year-over-year).
- 2012: Revenue of $2.2M, expenses of $1.8M, and assets of $3.3M (revenue +22.9% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.5M, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Restaurant Facility Management Association:
Data Sources and Methodology
This transparency report for Restaurant Facility Management Association 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.