Overview
What is The Education Foundation Of The Florida Restaurant And Lodging Association Inc?
The Education Foundation of the Florida Restaurant and Lodging Association Inc is a nonprofit organization committed to addressing the demand for skilled and motivated individuals in the tourism sector. They aim to accomplish this by fostering solid educational experiences that prepare future professionals for rewarding careers in the industry. This is achieved through the implementation of industry-designed school-to-career programs, which involve engaging with students, educators, and industry leaders to create a seamless transition from academia to the workforce. The foundation's initiatives aim to bridge the gap between education and industry, ultimately contributing to the growth and success of the tourism sector in Florida.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
The Education Foundation of the Florida Restaurant and Lodging Association Inc has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's overall score is derived entirely from its strong performance in the Accountability & Finance category, where it achieved a score of 94%. This rating signifies that the organization effectively manages its resources and operates with transparency.
Strengths of the organization include a fully independent board, with all 29 members meeting independence criteria, and a robust set of policies in place, including conflict of interest and whistleblower policies. Financial oversight is further emphasized through the presence of an Audit and Oversight Committee, and the charity shows no evidence of material diversion of assets. Additionally, an impressive program expense ratio of 88.93% reflects a commitment to channeling the majority of its funds directly into its programs.
While the data showcases numerous strengths, it is important to monitor ongoing performance and ensure that the charity continues to operate at this high standard to maintain its positive standing. The ratings highlight a dedication to responsible financial practices, which is crucial for stakeholders and potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is The Education Foundation Of The Florida Restaurant And Lodging Association Inc legitimate?
The Education Foundation Of The Florida Restaurant And Lodging Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Education Foundation Of The Florida Restaurant And Lodging Association 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: $115,254
For more financial information, click here
What is the mission statement of The Education Foundation Of The Florida Restaurant And Lodging Association Inc?
The Education Foundation of the Florida Restaurant and Lodging Association Inc. is committed to addressing the need for skilled and motivated professionals in the tourism industry. To achieve this, they focus on supporting high-quality educational experiences that prepare individuals for successful careers in this field. They accomplish their mission by implementing industry-developed school-to-career programs, fostering interaction between students, instructors, and industry leaders. This collaborative approach aims to bridge the gap between academic education and real-world opportunities, ultimately enabling individuals to embark on rewarding careers in the tourism sector.
Who is the CEO of The Education Foundation Of The Florida Restaurant And Lodging Association Inc?
Carol B Dover is the Chapter Representative of The Education Foundation Of The Florida Restaurant And Lodging Association Inc.
What is the revenue of The Education Foundation Of The Florida Restaurant And Lodging Association Inc?
The Education Foundation Of The Florida Restaurant And Lodging Association Inc's revenue in 2022 was $1,006,525.
Who are the executives of The Education Foundation Of The Florida Restaurant And Lodging Association Inc and what are their salaries?
There 88 volunteers at The Education Foundation Of The Florida Restaurant And Lodging Association Inc.
Here are 36 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $842,363
- Other: $66,098
- Compensation: $0
- Related: $303,200
- Other: $64,463
Where can I find the form 990 for The Education Foundation Of The Florida Restaurant And Lodging Association Inc?
The Education Foundation Of The Florida Restaurant And Lodging Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Education Foundation Of The Florida Restaurant And Lodging Association Inc
The Education Foundation of the Florida Restaurant and Lodging Association Inc is dedicated to addressing the need for skilled and enthusiastic professionals in the tourism industry. Recognizing this requirement, the foundation aims to support robust educational experiences that prepare individuals for fulfilling and dynamic careers in this field. To achieve this mission, the foundation implements industry-developed school-to-career programs. By engaging with students, instructors, and industry leaders, the foundation fosters an environment that bridges the gap between academic learning and real-world applications, ultimately setting the stage for successful careers in the tourism sector.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Education Foundation Of The Florida Restaurant And Lodging Association Inc's impact lies in its implementation of industry-developed school-to-career programs. By interacting with students, instructors, and industry leaders, the foundation helps prepare qualified and enthusiastic professionals for dynamic and rewarding careers in the tourism industry. Through its efforts in supporting sound educational experiences, the foundation plays a crucial role in bridging the gap between education and industry needs, ultimately contributing to the growth and sustainability of the tourism sector in Florida.
This information is meant to be a general summary of The Education Foundation Of The Florida Restaurant And Lodging Association 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: $33,717
- Program Service Revenue: $743,911
- Gross Receipts: $1,500,798
Assets and Liabilities:
- Total Assets: $2,403,087
- Total Liabilities: $124,839
- Net Assets: $2,278,248
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION
Revenue
$727,118
DISASTER RELIEF FUND
Revenue
$12,793
SCHOLARSHIP INCOME
Revenue
$4,000
Organization Details
Founding Year
1966
Phone
(850) 224-2250Principal Officer
Carol B Dover
Main Address
PO BOX 1779, TALLAHASSEE, FL, 323021779
NTEE Category
Code: B30 - Education
If you are a representative of The Education Foundation Of The Florida Restaurant And Lodging Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.