R I Hospitality Education Foundation is a 501(c)(3) organization based in Cranston, Rhode Island, registered in 1995, with $165,728 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$166K
▼ 24.5% vs prior year
Employment median: $367K
Expenses (FY2024)
$213K
Net assets
$118K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for R I Hospitality Education Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For R I Hospitality Education Foundation: 7 mo reserves · -28% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for R I Hospitality Education Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For R I Hospitality Education Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $271K (FY2013) to $166K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-28.4%
Spent more than it raised in the latest fiscal year.
Total assets
$429K
Total liabilities
$311K
Net assets
$118K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $165,728▼24.5% | $212,850▼14.4% | $117,782▼26.0% | $428,548▼12.1% | 990 |
| 2023 | $219,579▲39.5% | $248,761▲79.9% | $159,263▼8.6% | $487,778▼17.6% | 990 |
| 2022 | $157,398▲36.2% | $138,289▲35.4% | $174,246▲7.0% | $591,756▲62.5% | 990 |
| 2021 | $115,560▼80.8% | $102,159▼82.5% | $162,807▲15.2% | $364,129▲30.4% | 990 |
| 2020 | $603,338▲465% | $582,919▲453% | $141,366▲20.1% | $279,303▲108% | 990 |
| 2019 | $106,813▼16.0% | $105,498▼6.6% | $117,753▲10.3% | $134,402▲13.9% | 990 |
| 2018 | $127,083▼33.3% | $112,948▼47.8% | $106,804▲1.1% | $118,026▼1.9% | 990 |
| 2017 | $190,388▼28.6% | $216,520▼36.4% | $105,633▼15.8% | $120,363▼22.9% | 990 |
| 2016 | $266,529▼25.3% | $340,182▼8.0% | $125,482▼37.0% | $156,169▼33.9% | 990 |
| 2015 | $356,961▼16.9% | $369,578▼4.9% | $199,074▼9.0% | $236,344▼0.9% | 990 |
| 2014 | $429,734▲58.8% | $388,583▲15.9% | $218,830▲23.9% | $238,509▲18.3% | 990 |
| 2013 | $270,622 | $335,395▼4.1% | $176,677▼25.6% | $201,619▼29.0% | 990 |
| 2012 | — | $349,865▲22.3% | $237,428▲8.3% | $284,007▲22.8% | 990 |
| 2011 | — | $285,966 | $219,307 | $231,264 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
2 grants to R I Hospitality Education Foundation totaling $150K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Rhode Island Community Foundation | Ri hospitality employee relief fund | 2020 | $75,000 |
| The Rhode Island Community Foundation | Ri hospitality employee relief fund | 2020 | $75,000 |
Explore more
Data for R I Hospitality Education Foundation (EIN 05-0479089) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.