PLASTICS PIONEERS ASSOCIATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

STEVE HOENIG

Phone

2482241907

Tax Period

2024-01-01 to 2024-12-31

PLASTICS PIONEERS ASSOCIATION, founded in 1991, is a small nonprofit in the Science & Technology sector that reported $167K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $47K, a strong 28% operating margin.

Mission

THE OBJECTIVE OF THE PIONEERS SHALL BE TO RECOGNIZE ACHIEVEMENT IN THE FIELD OF PLASTICS/POLYMER SCIENCE, ENGINEERING, TECHNOLOGY AND MANAGEMENT; IMPROVEMENT OF PLASTICS, SCIENCE, ENGINEERING AND TECHNOLOGY. THESE OBJECTIVES SHALL BE ACHIEVED BY: 1-CONDUCTING AN ANNUAL MEETING TO ENABLE MENBERS TO DECIDE ON WHICH PROGRAMS SHOULD BE RECOGNIZED. 2-CONTRIBUTING FUNDS FROM ITS TREASURY TO EDUCATIONAL PROGRAMS WHICH THE ASSOCIATION DEEMS WORTHY OF SUPPORT. 3-ADMINISTERING A SCHOLARSHIP PROGRAM FOR DESERVING STUDENTS IN THE STUDY OF PLASTICS/POLYMER SCIENCE, ENGINEERING, TECHNOLOGY AND MANAGEMENT.

Program Service Accomplishments

Program 1

Expenses: $12,500

SCHOLARSHIPS IN THE FIELD OF PLASTICS

Program 2

SOCIETY OF PLASTIC ENGINEERS PPLASTICS HALL OF FAME

Program 3

SYRACUSE UNIVERSITY LIBRARY FOR THE HISTORICAL PLASTICS COLLECTION AND ANTIQUE COM COLLECTORS RESOURCE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $67,122

Program Service Revenue $0

Investment Income $100,202

Other Revenue $0

TOTAL REVENUE $167,324

Expense Breakdown

Grants Paid $86,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $113,660

Other Expenses $33,641

TOTAL EXPENSES $120,141

Year-over-Year Comparison

	2024	2023	Change
Revenue	$167,324	$178,270	-0.1%
Expenses	$120,141	$94,825	+0.3%
Net Income	$47,183	$83,445	-0.4%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY MENGEL	VICE PRESIDE	N/A	Officer	$0	$0	$0
LANCE M NEWARD	PAST PRESIDE	N/A	Officer	$0	$0	$0
WENDY HOENIG	PRESIDENT	N/A	Officer	$0	$0	$0
ASHBY L RICE III	SECRETARY	N/A	Officer	$0	$0	$0
GEORGE YULE	GOVERNOR 202	N/A	Director	$0	$0	$0
WYLIE ROYCE	GOVERNOR 202	N/A	Director	$0	$0	$0
STEVE HOENIG	TREASURER	N/A	Officer	$0	$0	$0
BRENDA CLARK	GOVERNOR 202	N/A	Director	$0	$0	$0
JO NELL KELLY	GOVERNOR 202	N/A	Director	$0	$0	$0
DENNIS KNAUS	GOVERNOR 202	N/A	Director	$0	$0	$0
GLENN BEALL	EX OFFICIO G	N/A	Director	$0	$0	$0
MAUREEN STEINWALL	EX OFFICIO G	N/A	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$167,324	$120,141	$1,690,525	$47,183
2023	$178,270	$94,825	$1,643,342	$83,445
2022	$210,944	$84,485	$1,559,897	$126,459
2021	$163,137	$91,539	$1,679,875	$71,598
2020	$123,426	$67,819	$1,596,842	$55,607
2019	$90,348	$88,603	$1,473,867	$1,745
2018	$99,375	$82,286	$1,338,915	$17,089