aims to educate, train and inspire excellence in young culinary professionals and champions the diversity and creativity of the traditions and quality of cuisine in America.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
$160K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $130K a year · 9% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
75%
of spending
Fine: 75% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$160K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
3 mo
of spending, in cash
Fine: 2.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $332K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$489K
72% of total assets
Worth a look: liabilities are 72% of assets; over 65%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.4M
+36% vs prior year
Spent
$1.9M
To programs
75%
Net assets
$189K
By yearFY2021–FY2025
Revenue
$1.4M
FY2023▲ +36%
Tap a bar for its year
Revenue by fiscal year
FY2021$560K
FY2022$1.0M
FY2023$1.4M
FY2024$2.2M
FY2025$2.4M
Expenses
$1.9M
FY2023▲ +107%
Tap a bar for its year
Expenses by fiscal year
FY2021$894K
FY2022$909K
FY2023$1.9M
FY2024$1.6M
FY2025$2.9M
Net assets
$189K
FY2023▼ -73%
Tap a bar for its year
Net assets by fiscal year
FY2021$600K
FY2022$698K
FY2023$189K
FY2024$828K
FY2025$283K

From the FY2023 Form 990 (year ending March 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $1.4M Management & general 10% · $190K Fundraising 15% · $284K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $160K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Director/Secretary
$159,800Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Executive Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Team USA President
$0Pt VII · Sec A

Young Yun’s $233K as Executive Director/Secretary is at the 91st percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Young Yun$233,100$201,000$159,800$158,846
Stefani De Palma$142,042———
Jaimie Chew$106,907———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Ment or Ltd executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Trains and inspires young culinary professionals, celebrating America's diverse food traditions and quality.

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Provided by the organization

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3 programs · $1.4M · in their own filed words · FY2022
01

Team USA Training

Funding provided to effectively train team usa as they prepare to represent our country at the most recognized and competitive culinary event called the bocuse d funding is used for all aspects of training from equipment and supplies to ingredients and travel.

$1.3Mprogram expense
02

Grant Program

Funds used to provide young culinary professionals with fully paid internships ("stages") at restaurants around the world to further their education and ongoing training.

$69Kprogram expense
03

Giving Fund Grants

Issued to restaurants and other public charities for disaster relief and assistance with employee relief efforts related to covid, natural disasters or devastation.

$10Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 39 grants · $677K · 2020–2024
Unitemized GrantFY2024$89,016
Southern Smoke FoundationTX · FY2024$10,000
Unitemized GrantFY2023$164,227
Unitemized GrantFY2022$68,845
Lee Initiative INCKY · FY2021$20,000
Alex Yoon Restaurant Group LLCFY2021$10,000
State Bird ProvisionsFY2021$10,000
Spicer RosendaleFY2021$10,000
Streetbird Newark LLCFY2020$10,000
Stone's Food INCFY2020$10,000
St Hospitality GroupFY2020$10,000
Individual RecipientFY2020$10,000
SC Restaurant Ventures LLCFY2020$10,000
Rose's Luxury GroupFY2020$10,000
Individual RecipientFY2020$10,000
Republique LLCFY2020$10,000
See all 39 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Gifts and grantsLn 1h$1.3M
Other incomeLn 4–11$113K
Investment incomeLn 3$7K
Money outPt IX
$1.9M
Ln 25
Programscol B$1.4M
Managementcol C$190K
Fundraisingcol D$284K
Owns and owesPt X
$189K
net assets · Ln 32
Cash and savingsLn 1–2$411K
Total assetsLn 16$678K
LiabilitiesLn 26$489K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Noncash giftsLn 1g$252K
Fundraising eventsLn 1c$684K
Investment incomeLn 3$7K
Other incomeLn 4–11$113K
Gains on assetsLn 7−$12K
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$90K
SavingsLn 2$321K
Cash and savings togetherLn 1–2$411K
InvestmentsLn 11–13$154K
Land, buildings, equipmentLn 10c$70K
Other assetsLn 15$0
Total assetsLn 16$678K
LiabilitiesLn 26$489K
Net assetsLn 32$189K
OperationsPt I, VI
EmployeesI 54
VolunteersI 69
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$703K$411K
InvestmentsLn 11–13$165K$154K
Land, buildings, equipmentLn 10c$165K$70K
Total assetsLn 16$1.1M$678K
LiabilitiesLn 26$386K$489K
Net assetsLn 32$698K$189K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$10K$10K
Grants to domestic individualsLn 2$69K$69K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$177K$62K$57K$58K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$524K$454K$2K$68K
Pension plan contributionsLn 8$4K$3K$368$785
Other employee benefitsLn 9$25K$19K$2K$5K
Payroll taxesLn 10$98K$72K$8K$18K
Management feesLn 11a$0
Legal feesLn 11b$24K$24K
Accounting feesLn 11c$55K$55K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$118K$20K$8K$90K
Advertising and promotionLn 12$16K$16K
Office expensesLn 13$61K$39K$2K$21K
Information technologyLn 14$270$270
RoyaltiesLn 15$0
OccupancyLn 16$42K$19K$4K$19K
TravelLn 17$40K$38K$3K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$4K$4K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$105K$89K$10K$5K
InsuranceLn 23$11K$1K$9K
Other expenses (24a–d)Ln 24$500K$500K
Total functional expensesLn 25$1.9M$1.4M$190K$284K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.4M$2.9M−$536K$283K 990 PDF
FY2024 $2.2M$1.6M$615K$828K 990 PDF
FY2023 Viewing $1.4M$1.9M−$505K$189K 990 PDF
FY2022 $1.0M$909K$107K$698K 990 PDF
FY2021 $560K$894K−$334K$600K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $1,378,137 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,240,563$1,264,757
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $17,921−$5,112
I-11 Other revenuePrior year −$241,587$118,492
I-12 Total revenuePrior year $1,016,897$1,378,137
I-13 Grants and similar amounts paidPrior year $50,316$79,122
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $420,796$828,456
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $438,339$975,707
I-18 Total expensesPrior year $909,451$1,883,285
I-19 Revenue less expensesPrior year $107,446−$505,148
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,378,137 across 12 lines filed
Lines not itemized here account for −$382 of total revenue; see the IRS return.
VIII-1b Membership dues$13,000
VIII-1c Fundraising events$683,638
VIII-1f All other contributions, gifts and grants$568,119
VIII-1g Noncash contributions (included above)$251,843
VIII-1h Total contributions, gifts and grants$1,264,757
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $6,706$6,706
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$11,818−$11,818
VIII-8 Net income from fundraising eventsExcluded from tax $108,874$108,874
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $10,000$10,000
VIII-12 Total revenueUnrelated business $0 · Excluded from tax $113,380$1,378,137
Part IX · Statement of functional expenses $1,883,285 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $10,277$10,277
IX-2 Grants to domestic individualsPrograms $68,845$68,845
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $61,668 · Management $57,240 · Fundraising $57,892$176,800
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $453,925 · Management $1,939 · Fundraising $68,387$524,251
IX-8 Pension plan contributionsPrograms $3,205 · Management $368 · Fundraising $785$4,358
IX-9 Other employee benefitsPrograms $18,529 · Management $2,127 · Fundraising $4,538$25,194
IX-10 Payroll taxesPrograms $71,967 · Management $8,260 · Fundraising $17,626$97,853
IX-11a Management fees$0
IX-11b Legal feesManagement $23,965$23,965
IX-11c Accounting feesManagement $55,345$55,345
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $19,901 · Management $7,961 · Fundraising $90,000$117,862
IX-12 Advertising and promotionPrograms $15,635$15,635
IX-13 Office expensesPrograms $38,947 · Management $1,659 · Fundraising $20,704$61,310
IX-14 Information technologyManagement $270$270
IX-15 Royalties$0
IX-16 OccupancyPrograms $18,900 · Management $4,200 · Fundraising $18,900$42,000
IX-17 TravelPrograms $37,504 · Management $2,510$40,014
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsManagement $4,221$4,221
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $88,871 · Management $10,455 · Fundraising $5,228$104,554
IX-23 InsurancePrograms $1,357 · Management $9,301$10,658
IX-24 Other expenses (24a–d)Programs $499,873$499,873
IX-25 Total functional expensesPrograms $1,409,404 · Management $189,821 · Fundraising $284,060$1,883,285
Part X · Balance sheet $678,158 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $266,853$89,869
X-2 Savings and temporary cash investmentsStart of year $436,496$320,778
X-3 Pledges and grants receivableStart of year $3,840$11,573
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $25,733$18,760
X-9 Prepaid expenses and deferred chargesStart of year $13,223$12,708
X-10c Land, buildings and equipment, netStart of year $164,895$70,141
X-11 Publicly traded securitiesStart of year $165,242$154,329
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $7,500$0
X-16 Total assetsStart of year $1,083,782$678,158
X-17 Accounts payable and accrued expensesStart of year $367,262$474,357
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $18,935$15,000
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $386,197$489,357
X-27 Net assets without donor restrictionsStart of year $567,512$105,068
X-28 Net assets with donor restrictionsStart of year $130,073$83,733
X-32 Total net assets or fund balancesStart of year $697,585$188,801
X-33 Total liabilities and net assetsStart of year $1,083,782$678,158
Part XI · Reconciliation of net assets $188,801 net assets at year end
XI-1 Total revenue$1,378,137
XI-2 Total expenses$1,883,285
XI-3 Revenue less expenses−$505,148
XI-4 Net assets at start of year$697,585
XI-5 Net unrealized gains (losses) on investments−$3,636
XI-10 Net assets at end of year$188,801

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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