Krha Educational Foundation FY2021 filing

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Enhance the hospitality industry's service to its members and the general public through education, community engagement and promotion of career opportunities. Provide assistance to schools and the hospitality industry with mentoring, training, equipment and expenses to further knowledge in food service and hospitality management.

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 48-1190044) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$11K 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

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $26K a year · 11% of revenue · last 5 filings
A surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
87% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$11K
to officers and key staff · 4% of spending
Pay to officers and key staff is 4% of spending.
Part VII, Section A
5.1 mo
of spending, in cash
Plus $552K in investments, Pt X · Ln 11–13
5.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$95K
14% of total assets
Liabilities are 14% of assets.
Pt X · Ln 26
Independent board members
10
of 10 voting members
10 of 10 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$286K
+22% vs prior year
Spent
$257K
To programs
87%
Net assets
$571K
By yearFY2020–FY2024
Revenue
$286K
FY2021▲ +22%
Tap a bar for its year
Revenue by fiscal year
FY2020$235K
FY2021$286K
FY2022$210K
FY2023$219K
FY2024$247K
Expenses
$257K
FY2021▲ +43%
Tap a bar for its year
Expenses by fiscal year
FY2020$180K
FY2021$257K
FY2022$219K
FY2023$201K
FY2024$213K
Net assets
$571K
FY2021▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$558K
FY2021$571K
FY2022$449K
FY2023$511K
FY2024$556K

From the FY2021 Form 990 · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1997.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $222K Management & general 12% · $31K Fundraising 1% · $4K

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

11 people listed on the 990; $11K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
VP Finance/CFO
$11,315Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Sheila Thomas’s $7K as VP Finance/CFO is at the 6th percentile of top reported officer pay among 1613 $100K–1M education 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Sheila Thomas$7,175$12,899$12,530$11,315$12,441
Adam Mills————$1,106

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 Krha Educational Foundation executive salaries →

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

Educates, mentors, and promotes careers in hospitality, supporting schools and businesses with training and resources.

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3 programs · $222K · in their own filed words · FY2021
01

Establish and maintain a school to Career program in high schools and vo-tech schools for students interested in a career in the hospitality industry

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 48-1190044) · Dispute this line
$198Kprogram expense
02

Provide training to owners, employees, and educators in the restaurant and hospitality industry.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 48-1190044) · Dispute this line
$20Kprogram expense
03

Maintain food safety initiative, empowering consumers and the hospitality industry to prioritize food safety as a integral factor ofdining out.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 48-1190044) · Dispute this line
$4Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$286K
Ln 12
Gifts and grantsLn 1h$142K
Other incomeLn 4–11$98K
Investment incomeLn 3$33K
Money outPt IX
$257K
Ln 25
Programscol B$222K
Managementcol C$31K
Fundraisingcol D$4K
Owns and owesPt X
$571K
net assets · Ln 32
Cash and savingsLn 1–2$110K
Total assetsLn 16$666K
LiabilitiesLn 26$95K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$142K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$12K
Investment incomeLn 3$33K
Other incomeLn 4–11$98K
Total revenueLn 12$286K
Assets in detailPt X, end of year
CashLn 1$110K
Cash and savings togetherLn 1–2$110K
Accounts receivableLn 4$862
Inventories for sale or useLn 8$3K
InvestmentsLn 11–13$552K
Total assetsLn 16$666K
LiabilitiesLn 26$95K
Net assetsLn 32$571K
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$2K
Share of the $226K endowmentSch D 1g0.82%
Typical, median of 2,202 orgs0.44%
EndowmentSch D · Pt V
LineFY21FY20FY19FY18FY17
End of yearLn 1g$226K$223K$224K$197K$212K
AddedLn 1b$0$0$0$0$14K
SpentLn 1d–1f$12K$31K−$19K−$2K$0
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$101K$110K
InvestmentsLn 11–13$515K$552K
Total assetsLn 16$642K$666K
LiabilitiesLn 26$83K$95K
Net assetsLn 32$558K$571K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Pay of officers and key staff (Part IX, line 5)Ln 5$11K$0$11K$109
Other salaries and wagesLn 7$89K$80K$7K$2K
Pension plan contributionsLn 8$6K$5K$1K$129
Other employee benefitsLn 9$3K$3K$580$65
Payroll taxesLn 10$7K$6K$1K$145
Investment management feesLn 11f$2K$0$2K$0
Advertising and promotionLn 12$5K$4K$0$1K
Office expensesLn 13$5K$945$4K$0
Information technologyLn 14$1K$0$1K$0
TravelLn 17$218$218$0$0
InsuranceLn 23$2K$0$2K$0
Other expenses (24a–d)Ln 24$123K$123K$0$0
All other expensesLn 24e$1K$0$1K$0
Total functional expensesLn 25$257K$222K$31K$4K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Sep 4, 2025 $247K$213K$34K$556K 990 PDF
FY2023Filed with the IRS May 9, 2024 $219K$201K$18K$511K 990 PDF
FY2022Filed with the IRS May 11, 2023 $210K$219K−$8K$449K 990 PDF
FY2021 ViewingFiled with the IRS Aug 2, 2022 $286K$257K$29K$571K 990 PDF
FY2020Filed with the IRS Aug 24, 2021 $235K$180K$55K$558K 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $285,616 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $82,967$142,184
I-9 Program service revenuePrior year $11,917$12,327
I-10 Investment incomePrior year $65,160$32,724
I-11 Other revenuePrior year $75,005$98,381
I-12 Total revenuePrior year $235,049$285,616
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $130,259$117,208
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $49,537$139,369
I-18 Total expensesPrior year $179,796$256,577
I-19 Revenue less expensesPrior year $55,253$29,039
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
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 $285,616 across 14 lines filed
Lines not itemized here account for $19,724 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$24,120
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$118,064
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$142,184
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $12,327 · Unrelated business $0 · Excluded from tax $0$12,327
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $32,724$32,724
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $20,757$20,757
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $57,900 · Unrelated business $0 · Excluded from tax $0$57,900
VIII-12 Total revenueRelated to mission $89,951 · Unrelated business $0 · Excluded from tax $53,481$285,616
Part IX · Statement of functional expenses $256,577 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $0 · Management $11,206 · Fundraising $109$11,315
IX-7 Other salaries and wagesPrograms $80,410 · Management $6,566 · Fundraising $1,884$88,860
IX-8 Pension plan contributionsPrograms $5,205 · Management $1,151 · Fundraising $129$6,485
IX-9 Other employee benefitsPrograms $2,622 · Management $580 · Fundraising $65$3,267
IX-10 Payroll taxesPrograms $5,844 · Management $1,292 · Fundraising $145$7,281
IX-11f Investment management feesPrograms $0 · Management $1,847 · Fundraising $0$1,847
IX-12 Advertising and promotionPrograms $3,657 · Management $0 · Fundraising $1,219$4,876
IX-13 Office expensesPrograms $945 · Management $3,728 · Fundraising $0$4,673
IX-14 Information technologyPrograms $0 · Management $1,412 · Fundraising $0$1,412
IX-17 TravelPrograms $218 · Management $0 · Fundraising $0$218
IX-23 InsurancePrograms $0 · Management $1,611 · Fundraising $0$1,611
IX-24 Other expenses (24a–d)Programs $123,325 · Management $0 · Fundraising $0$123,325
IX-24e All other expensesPrograms $0 · Management $1,407 · Fundraising $0$1,407
IX-25 Total functional expensesPrograms $222,226 · Management $30,800 · Fundraising $3,551$256,577
Part X · Balance sheet $665,982 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $100,803$110,040
X-3 Pledges and grants receivableStart of year $10,000$0
X-4 Accounts receivableStart of year $12,686$862
X-8 Inventories for sale or useStart of year $3,433$3,305
X-11 Publicly traded securitiesStart of year $514,634$551,775
X-16 Total assetsStart of year $641,556$665,982
X-17 Accounts payable and accrued expensesStart of year $20,750$27,503
X-25 Other liabilitiesStart of year $62,369$67,249
X-26 Total liabilitiesStart of year $83,119$94,752
X-27 Net assets without donor restrictionsStart of year $558,437$571,230
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $558,437$571,230
X-33 Total liabilities and net assetsStart of year $641,556$665,982
Part XI · Reconciliation of net assets $571,230 net assets at year end
XI-1 Total revenue$285,616
XI-2 Total expenses$256,577
XI-3 Revenue less expenses$29,039
XI-4 Net assets at start of year$558,437
XI-5 Net unrealized gains (losses) on investments$6,263
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets−$22,509
XI-10 Net assets at end of year$571,230

Form 990 e-file FY2021 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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