PLASTICS PIONEERS ASSOCIATION

EIN: 113095726 501(c)(3) Science & Technology

SAUGATUCK, MI

Total Revenue
$167,324
Total Expenses
$120,141
Total Assets
$1,690,525
Net Assets
$1,690,525
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
DE
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.

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Trantor Score

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

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

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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
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
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
5
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
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
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