National Society of Minorities in Hospitality Inc
Nonprofit profile at a glance
- EIN
- 223186852
- IRS 990 coverage
- 2018–2018
- Forms available
- Form 990 2018
- Location
- Greenwood Village, CO, USA
- Phone
- 6072725550
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $399,882
- Expenses
- $426,927
- Assets
- $78,953
- Liabilities
- $147,605
Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
16 people listed
People named in this filing
- CORCHARNELIA MARTIN (NATIONAL CHAIR)
- NATASHA CRAWFORD (NATIONAL PROGRAMS DIRECTOR)
- CLEMENT MCINTOSH (NATIONAL PARLIAMENTARIAN)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Educate in order to aid in the recruitment, retention, support, and advancement of minority students in the hospitality industry. Build and maintain relationships between hospitality professionals and minority students in ways that encourage lifelong commitment to the organization.
What it reported doing in 2018
The society grants educational scholarships to students studying in the hospitality industry at accredited universities. These scholarships are funded and the scholarship recipients are selected by corporate sponsors.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 98% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 94
- Accountability: 76
- Sustainability: 24
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 96.6%; rating input score 97
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 79th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -6.8%; rating input score 26; 26th percentile among comparable filings
- Total-asset coverage ratio: 0.18; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 1.87; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 71; 71st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 96.6% of spending went to programs
- Governance: 16 of 16 board members independent · 3 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $412K in reported program spending
- Leadership: top reported pay $0 · 16 people listed
- Highest-paid contractors: 1 contractor listed · $134K reported
- Consistency: 19 of 19 current checks pass
- Schedules: 4 filed schedules · includes major donors and grants
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- High — Sustainability: Operating margin scored 26/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.