Overview
What is New Jersey Restaurant Education Foundation Inc?
New Jersey Restaurant Education Foundation Inc, located at 126 WEST STATE STREET, TRENTON, NJ, is a dedicated nonprofit organization. Its primary mission is to foster research and education within the restaurant and hospitality industry. The foundation provides educational courses and materials through the ServSafe Education Program and collaborates with the National Restaurant Educational Foundation to integrate the industry into high school classrooms. One of their notable initiatives is ProStart, a two-year program for high school students, aiming to develop future leaders in the restaurant and hospitality sector. Additionally, the foundation distributes scholarship funds to qualified students and advocates for the benefits of pursuing a career in this industry in New Jersey.
Official website here: www.njrha.org/education
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The New Jersey Restaurant Education Foundation Inc has earned an impressive 82% rating from Charity Navigator, reflecting a strong commitment to accountability and finance. This score is derived entirely from a single beacon score, which highlights the organization's effective management of resources and transparency in operations. The foundation successfully demonstrates its commitment to best practices through various policies and by maintaining a majority of independent board members.
One of the organization's significant strengths is its program expense ratio, which stands at 81.73%. This indicates that a substantial portion of its expenses is directed towards its programs rather than administrative costs, showcasing its focus on fulfilling its mission. Additionally, the foundation has established a comprehensive set of governance policies, including conflict of interest and whistleblower policies, which further strengthens its operational integrity.
While the overall rating is positive, it is important for potential donors or volunteers to consider that the rating is based exclusively on financial accountability metrics. There may be areas related to program impact or community feedback that are not captured in this score. Nonetheless, the foundation's commitment to transparency and strong financial practices makes it a reliable choice for those interested in supporting its mission.
This AI summary has been generated from information found on Charity Navigator.
Is New Jersey Restaurant Education Foundation Inc legitimate?
New Jersey Restaurant Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Jersey Restaurant Education Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $46,151
For more financial information, click here
Official website here: www.njrha.org/education
What is the mission statement of New Jersey Restaurant Education Foundation Inc?
The New Jersey Restaurant Education Foundation Inc is organized with the primary objective of promoting research and education in the restaurant/hospitality industry. One of their key activities is distributing scholarship funds to qualifying students. Additionally, they strive to educate individuals about the benefits of pursuing a career in this industry. The organization conducts educational courses and provides materials related to the restaurant/hospitality industry through the ServSafe Education Program. Furthermore, they collaborate with the National Restaurant Educational Foundation to integrate the restaurant industry into classroom learning. Notably, they offer the ProStart program, a two-year program for high school students, which aims to develop future leaders in the restaurant and hospitality industry.
Official website here: www.njrha.org/education
Who is the CEO of New Jersey Restaurant Education Foundation Inc?
Dana Lancellotti is the Secretary of New Jersey Restaurant Education Foundation Inc.
Official website here: www.njrha.org/education
What is the revenue of New Jersey Restaurant Education Foundation Inc?
New Jersey Restaurant Education Foundation Inc's revenue in 2022 was $50,300.
Official website here: www.njrha.org/education
Who are the executives of New Jersey Restaurant Education Foundation Inc and what are their salaries?
There 9 volunteers at New Jersey Restaurant Education Foundation Inc.
Here are 11 key members and their salaries:
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Official website here: www.njrha.org/education
Where can I find the form 990 for New Jersey Restaurant Education Foundation Inc?
New Jersey Restaurant Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.njrha.org/education
Learn more at the official website: www.njrha.org/education
Mission Statement of New Jersey Restaurant Education Foundation Inc
The New Jersey Restaurant Education Foundation Inc is committed to promoting research and education within the restaurant and hospitality industry. Their mission is twofold: firstly, they aim to distribute scholarship funds to qualified students, and secondly, they strive to educate individuals about the benefits of pursuing a career in this sector. By doing so, they seek to contribute to the growth and development of the industry in New Jersey.
In order to achieve their mission, the New Jersey Restaurant Education Foundation Inc provides various educational programs. One such initiative is the ServSafe Education Program, which offers courses and materials related to the restaurant and hospitality industry. Additionally, they have collaborated with the National Restaurant Education Foundation to integrate the restaurant industry into the classroom, providing students with a practical understanding of the sector.
Moreover, the foundation is involved in the ProStart program, a two-year program for high school students. This program aims to educate and develop these students into future leaders of the restaurant and hospitality industry. By investing in the education and development of young individuals, the New Jersey Restaurant Education Foundation Inc is not only promoting the growth of the industry but also ensuring a talented workforce for the future.
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Impact
August, 2024
New Jersey Restaurant Education Foundation Inc's impact lies in promoting research and education within the restaurant and hospitality industry. By providing educational courses and materials through programs like ServSafe Education and ProStart, this organization is equipping high school students with the necessary skills to become future leaders in the industry. Additionally, their distribution of scholarship funds to qualified students encourages individuals to pursue careers in the restaurant and hospitality field, thereby contributing to the growth and development of this industry in New Jersey.
This information is meant to be a general summary of New Jersey Restaurant Education Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $229
- Program Service Revenue: $17,390
- Gross Receipts: $103,324
Assets and Liabilities:
- Total Assets: $122,348
- Total Liabilities: $182,125
- Net Assets: -$59,777
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COURSES AND MATERIALS
Revenue
$10,980
NRA PROGRAMS REVENUE
Revenue
$6,410
Organization Details
Founding Year
1997
Phone
(609) 599-3316Principal Officer
Dana Lancellotti
Main Address
126 WEST STATE STREET, TRENTON, NJ, 086081102
Website
www.njrha.org/educationNTEE Category
Code: B82 - Education
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