Wisconsin Restaurant Association Education Foundation Inc
Nonprofit profile at a glance
- EIN
- 391557486
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Madison, WI, USA
- Phone
- 6082709950
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,025,309
- Expenses
- $917,043
- Assets
- $1,521,489
- Liabilities
- $441,367
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
29 people listed
Executive titles in this filing
- KRISTINE HILLMER (SECRETARY, PRESIDENT & CEO)
Highest reported compensation
- KRISTINE HILLMER (SECRETARY, PRESIDENT & CEO): $218,226 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote food service as a professional career path, attract and educate future leaders of the industry and provide affordable, quality training and education for those already working in the industry.
What it reported doing in 2024
Educational programs - the foundation offers educational programs which are geared to attract and educate future leaders of the industry and provide affordable, quality educational seminars and certification for those already working in the industry. Educational programs includes the prostart high school college-prep program which combines cutting-edge education with real world experience to guide students toward success in college and beyond. The foundation offers servsafe review courses and certification exams for individual who are seeking a certified food protection manager credential.
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 96% 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 47
- Transparency & Controls: 71
- Accountability: 90
- Sustainability: 57
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 49.3%; rating input score 49
- Program expense ratio: 55.5%; rating input score 56
- Fundraising efficiency: $3.1 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 96.6%; rating input score 97; 44th 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: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 10.6%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 1.66; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 0.7%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 1.9% per year; rating input score 100; 26th percentile among comparable filings
- Revenue growth: 3.3% per year; rating input score 100; 33rd percentile among comparable filings
- Asset growth: 3.2% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 49.3% of revenue deployed · 55.5% of spending went to programs
- Governance: 28 of 28 board members independent · 6 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $509K in reported program spending
- Leadership: top reported pay $218K · 29 people listed · 0 of 6 pay-setting controls reported
- Consistency: 29 of 29 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: 1 filed related-organization link
- 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 — Financial Efficiency: Mission deployment rate scored 49/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Financial Efficiency: Program expense ratio scored 56/100.
- High — Financial Efficiency: Fundraising efficiency scored 9/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.