FIBERGLASS REINFORCED PLASTICS INSTITUTE INC (EIN 200232812) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

GARY L ARTHUR

Phone

5083802232

Tax Period

2022-07-01 to 2023-06-30

FIBERGLASS REINFORCED PLASTICS INSTITUTE INC, founded in 2003, is a small nonprofit in the Education sector that reported $142K in total revenue in fiscal year 2022. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $135K left a modest 5% surplus.

Mission

WORK TO ELIMINATE UNCERTAINTY AND RISK ASSOCIATED WITH FIBERGLASS REINFORCED PLASTICS (FRP) IN CHEMICAL PROCESS EQUIPMENT INDUSTRY THROUGH PROVIDING CERTIFICATION, EDUCATION, MEMBERSHIP AND RELATED SERVICES.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $2,500

Program Service Revenue $139,351

Investment Income $35

Other Revenue $0

TOTAL REVENUE $141,886

Expense Breakdown

Grants Paid $0

Salaries & Benefits $70,894

Fundraising Expenses $0

Program Expenses $134,871

Other Expenses $63,977

TOTAL EXPENSES $134,871

Year-over-Year Comparison

	2022	2021	Change
Revenue	$141,886	$258,260	-0.5%
Expenses	$134,871	$130,717	+0.0%
Net Income	$7,015	$127,543	-0.9%

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

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

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

$65,000

Total Directors

$65,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY L ARTHUR	EXECUTIVE DIRECTOR & PRESI	40.00	Officer Director	$65,000	$0	$65,000
DOUGLAS M DRUZBIK	TRUSTEE	0.25	Director	$300	$0	$300
RONALD T MARCONI	TRUSTEE	0.25	Director	$300	$0	$300

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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$141,886	$134,871	$64,285	$7,015
2022	$258,260	$130,717	$56,956	$127,543
2021	$139,664	$143,333	$79,081	$-3,669
2020	$100,124	$90,488	$18,187	$9,636
2019	$121,114	$133,407	$8,524	$-12,293
2018	$165,134	$152,109	$20,768	$13,025

FIBERGLASS REINFORCED PLASTICS INSTITUTE INC