Delaware Restaurant Association Educational Foundation

Tax-deductible

Dover, DE501(c)(3)Food & AgricultureEIN 47-3001109Revenue $742K in FY2024

On file with the IRS420 S State St, 19901-6724 · Dover, DETax-exempt since May 2015Publicly supported charity — 170(b)(1)(A)(vi)

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The Delaware Restaurant Association Educational Foundation improves the Restaurant and hospitality industry through education.

501(c)(3) charity; gifts are tax-deductible.
61¢ of each $1 spent went to programs.
$110K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $54K a year · 9% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
61%
of spending
Worth a look: 61% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$110K
to officers and key staff · 17% of spending
Top officer’s pay higher than 94% of similar orgs
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $160K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$10K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 14 voting members
Looks good: 13 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$742K
+35% vs prior year
Spent
$656K
To programs
61%
Net assets
$385K
By yearFY2020–FY2024
Revenue
$742K
FY2024▲ +35%
Tap a bar for its year
Revenue by fiscal year
FY2020$583K
FY2021$462K
FY2022$565K
FY2023$552K
FY2024$742K
Expenses
$656K
FY2024▲ +21%
Tap a bar for its year
Expenses by fiscal year
FY2020$651K
FY2021$330K
FY2022$457K
FY2023$540K
FY2024$656K
Net assets
$385K
FY2024▲ +29%
Tap a bar for its year
Net assets by fiscal year
FY2020$47K
FY2021$178K
FY2022$287K
FY2023$299K
FY2024$385K

From the FY2024 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2015.

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

Where the money goes

61 cents of each dollar spent went to programs.

Program services 61% · $403K Management & general 39% · $253K

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

14 people listed on the 990; $110K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$110,082Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Immediate Past Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Carrie Leishman’s $110K as President & CEO is at the 94th percentile of top reported officer pay among 1171 $100K–1M food & agriculture 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Carrie Leishman$110,082$103,807$100,615$74,610$77,806

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 Delaware Restaurant Association Educational Foundation 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

Improves the restaurant and hospitality industry through education.

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Provided by the organization

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3 programs · $403K · in their own filed words · FY2024
01

Prostart Program

This comprehensive, career-building program blends industry-driven classroom learning with mentored work experience. Giving a "professional start" to students that may not have been interested in traditional career paths. It focuses on youth and workforce development in the foodservice industry.

$277Kprogram expense
02

Food Safety and Handling Training

Delaware requires the person-in-charge at a restaurant to demonstrate food safety knowledge. The organization offers the servsafe certification course to meet this requirement in partnership with its related organization, the delaware restauarant association. In 2024, there were 839 attendees.

$126Kprogram expense
03

Student Training

The organization has a focus on informing and inspiring delaware's youth on the opportunities awaiting in the foodservice industry. The "steps to success" conference is designed for future leaders in the industry. The event was cancelled in 2021 due to covid restrictions and has not restarted as of 2024.

Pt IX · col B

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 3 funders →
Grants paid · 1 grant · $322K · 2020–2020
Unitemized GrantFY2020$321,500

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$742K
Ln 12
Gifts and grantsLn 1h$628K
Fees for servicesLn 2g$102K
Other incomeLn 4–11$12K
Money outPt IX
$656K
Ln 25
Programscol B$403K
Managementcol C$253K
Owns and owesPt X
$385K
net assets · Ln 32
Cash and savingsLn 1–2$395K
Total assetsLn 16$395K
LiabilitiesLn 26$10K
PeoplePt VI, VII
14
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$628K
Government grantsLn 1e$390K
Fundraising eventsLn 1c$59K
Fees for servicesLn 2g$102K
Investment incomeLn 3$73
Other incomeLn 4–11$12K
Total revenueLn 12$742K
Assets in detailPt X, end of year
CashLn 1$395K
Cash and savings togetherLn 1–2$395K
Land, buildings, equipmentLn 10c$368
Total assetsLn 16$395K
LiabilitiesLn 26$10K
Net assetsLn 32$385K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$301K$395K
Land, buildings, equipmentLn 10c$919$368
Total assetsLn 16$302K$395K
LiabilitiesLn 26$3K$10K
Net assetsLn 32$299K$385K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$54K$54K
Pay of current officers, directors and key staffLn 5$110K$22K$88K
Other salaries and wagesLn 7$270K$162K$108K
Pension plan contributionsLn 8$5K$1K$4K
Other employee benefitsLn 9$12K$7K$5K
Payroll taxesLn 10$23K$10K$13K
Accounting feesLn 11c$3K$2K$1K
Other fees for servicesLn 11g$1K$614$409
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$5K$3K$2K
Information technologyLn 14$12K$7K$5K
OccupancyLn 16$19K$11K$7K
TravelLn 17$16K$10K$6K
Conferences, conventions and meetingsLn 19$17K$10K$7K
Depreciation, depletion and amortizationLn 22$551$331$220
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$102K$100K$2K
Total functional expensesLn 25$656K$403K$253K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $742K$656K$87K$385K 990 PDF
FY2023 $552K$540K$12K$299K 990 PDF
FY2022 $565K$457K$108K$287K 990 PDF
FY2021 $462K$330K$132K$178K 990 PDF
FY2020 $583K$651K−$67K$47K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $742,219 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $433,361$628,176
I-9 Program service revenuePrior year $96,093$102,467
I-10 Investment incomePrior year $59$73
I-11 Other revenuePrior year $22,221$11,503
I-12 Total revenuePrior year $551,734$742,219
I-13 Grants and similar amounts paidPrior year $11,584$54,174
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $349,172$419,959
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $178,963$181,418
I-18 Total expensesPrior year $539,719$655,551
I-19 Revenue less expensesPrior year $12,015$86,668
Part VI · Governance 13 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members13
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 $742,219 across 8 lines filed
VIII-1c Fundraising events$59,000
VIII-1e Government grants$390,227
VIII-1f All other contributions, gifts and grants$178,949
VIII-1h Total contributions, gifts and grants$628,176
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $102,467$102,467
VIII-3 Investment incomeExcluded from tax $73$73
VIII-8 Net income from fundraising eventsExcluded from tax $11,503$11,503
VIII-12 Total revenueRelated to mission $102,467 · Unrelated business $0 · Excluded from tax $11,576$742,219
Part IX · Statement of functional expenses $655,551 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $54,174$54,174
IX-5 Pay of current officers, directors and key staffPrograms $22,016 · Management $88,066$110,082
IX-7 Other salaries and wagesPrograms $161,995 · Management $107,997$269,992
IX-8 Pension plan contributionsPrograms $1,017 · Management $4,070$5,087
IX-9 Other employee benefitsPrograms $7,021 · Management $4,681$11,702
IX-10 Payroll taxesPrograms $10,489 · Management $12,607$23,096
IX-11c Accounting feesPrograms $1,965 · Management $1,310$3,275
IX-11g Other fees for servicesPrograms $614 · Management $409$1,023
IX-12 Advertising and promotionPrograms $1,599$1,599
IX-13 Office expensesPrograms $3,004 · Management $2,003$5,007
IX-14 Information technologyPrograms $7,209 · Management $4,806$12,015
IX-16 OccupancyPrograms $11,241 · Management $7,492$18,733
IX-17 TravelPrograms $9,521 · Management $6,347$15,868
IX-19 Conferences, conventions and meetingsPrograms $10,273 · Management $6,849$17,122
IX-22 Depreciation, depletion and amortizationPrograms $331 · Management $220$551
IX-23 InsuranceManagement $3,792$3,792
IX-24 Other expenses (24a–d)Programs $100,394 · Management $2,039$102,433
IX-25 Total functional expensesPrograms $402,863 · Management $252,688 · Fundraising $0$655,551
Part X · Balance sheet $395,383 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $300,609$395,015
X-10c Land, buildings and equipment, netStart of year $919$368
X-16 Total assetsStart of year $301,528$395,383
X-17 Accounts payable and accrued expensesStart of year $2,890$10,077
X-26 Total liabilitiesStart of year $2,890$10,077
X-27 Net assets without donor restrictionsStart of year $298,638$385,306
X-32 Total net assets or fund balancesStart of year $298,638$385,306
X-33 Total liabilities and net assetsStart of year $301,528$395,383
Part XI · Reconciliation of net assets $385,306 net assets at year end
XI-1 Total revenue$742,219
XI-2 Total expenses$655,551
XI-3 Revenue less expenses$86,668
XI-4 Net assets at start of year$298,638
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$385,306

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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