Memphis Restaurant Association
Nonprofit profile at a glance
- EIN
- 621486826
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990 2022, Form 990-EZ 2025
- Location
- Memphis, TN, USA
- Phone
- 9018605068
- Rating confidence
- Limited
Reported finances
- Revenue
- $71,466
- Expenses
- $63,222
- Assets
- $58,847
- Liabilities
- $7,316
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- JEFF ZEPATOS (PRESIDENT)
People named in this filing
- MIKE MILLER (PAST PRESIDE)
- JEFF ZEPATOS (PRESIDENT)
- TERRY TRIM (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The memphis restaurant association (mra) is the premiere support organization dedicated to the sucess of our industry and community now and into the future. We provide useful, accessible tools, educational services and governmental representation to promote the stability and growth of our members. The mra is dedicated to building community relationships and involvement in order to increase membership and create a spirit of fellowship amoung its members.
What it reported doing in 2025
The memphis restaurant association (mra) continued its mission in 2025 as the leading support organization for the memphis hospitality community. Throughout the year, we remained dedicated to providing impactful tools, education, advocacy, and connection to strengthen our members and elevate the restaurant industry across the mid-south. Our commitment to fostering collaboration, advancing workforce development, and championing local operators was reflected in every program, meeting, and event we hosted. In 2025, our board met regularly for in-person meetings and strategic planning sessions focused on membership growth, legislative updates, and expanding the value of mra programming. We continued to strengthen communication with our members through consistent email updates, social media outreach, and targeted messaging that ensured operators remained informed about regulatory changes, industry trends, and community initiatives. This year, mra introduced or enhanced several key initiatives to better support our members. We expanded our membership monday outreach to highlight restaurants, share operator stories, and encourage community engagement. We strengthened our partnerships with local organizations including the university of memphis kemmons wilson school of hospitality & resort management, welcome to memphis, tnhta, and the junior league of memphisto support workforce development and educational opportunities. We also increased our presence at community events such as 901 day, zoo rendezvous, and local hospitality gatherings throughout the year. Our in-person networking events continued to grow, including the associate coffee club, which rotated through member locations and encouraged valuable conversations between operators, vendors, and hospitality professionals. Member engagement remained strong, supported by transparent communication, accessible educational resources, and a continued focus on advocacy and community connection. Additionally, 2025 included the continued development and promotion of our signature events, including early planning for the 2026 mra food festival, which will celebrate memphis through a vibrant and immersive culinary experience. This long-term vision reflects our dedication to innovation, hospitality excellence, and meaningful opportunities for member involvement and visibility. Throughout 2025, mra remained responsive to the changing landscape of the restaurant industry. We provided timely updates and guidance on evolving regulations, including health department policies, beverage laws taking effect in 2026, and workforce-related legislation. Our goal remained consistent: to ensure every member has the support, representation, and information needed to thrive in a competitive and ever-changing environment.
Operating model
- Revenue model
- Donor-supported. 87% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 45
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 11.5%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 0.93; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 37%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 1.4% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 20.6% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 22 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
- High — Sustainability: Officer compensation ratio scored 5/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.