Ohio Restaurant Association Education Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
HOSPITALITY INSTITUTE OF OHIO BUILDS, EXPANDS, SUPPORTS AND TRAINS OHIO'S HOSPITALITY WORKFORCE BY CONNECTING THEM TO OPPORTUNITIES AND RESOURCES THAT EMPOWER INDIVIDUALS TO BUILD SUCCESSFUL CAREERS THROUGH PROSTART, HOPES AND RESTAURANT READY TRAINING PROGRAMS.
- Income
- $486,844
- Spending
- $423,638
- Spent on programs
- 71%
- Reserves
- 13.2 months of spending
- Largest source of income
- donations and private grants, 78%
- Employees
- 3
- Volunteers
- 82
- Highest pay
- $360,042, president & ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 96 out of 100. Higher than 84% of charities in its peer group (education, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 13.2 months of spending.
Debt
16 of 20It owes 23% of what it owns.
Living within its means
15 of 15Income exceeded spending by 13% of income.
Income trend
15 of 15Income rose 1% on the year before.
Spending floor
15 of 1571% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 92 out of 100. Higher than 89% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 2532 of 32 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $252,808 spent. HOSPITALITY INSTITUTE OF OHIO MANAGES OHIO PROSTART, A HIGH SCHOOL RESTAURANT MANAGEMENT AND CULINARY ARTS TRAINING PROGRAM. ACTIVITIES INCLUDE AN ANNUAL STATEWIDE STUDENT COMPETITION ALONG WITH SEVERAL CAREER DEVELOPMENT OPPORTUNITIES THROUGH OUT THE SCHOOL YEAR TO ENGAGE WITH INDUSTRY PROFESSIONALS.
- $44,045 spent. SCHOLARSHIPS PROVIDED TO STUDENTS INTERESTED IN A CAREER IN THE RESTAURANT AND HOSPITALITY INDUSTRY.
- $4,594 spent. ESTABLISHED THE HOSPITALITY RESERVE FORMERLY KNOWN AS THE OHIO RESTAURANT EMPLOYEE RELIEF FUND TO ACTIVATE EMERGEMCY FUNDING FOR QUALIFIED RESTAURANT, FOODSERVICE AND HOSPITALITY EMPLOYEES THAT ARE FACING LIFE ALTERING CIRCUMSTANCES.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2001.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.