PRODUCT STEWARDSHIP INSTITUTE INC

EIN: 202059607 501(c)(3) Community Improvement

Boston, MA

Total Revenue
$1,185,946
Total Expenses
$1,225,344
Total Assets
$331,537
Net Assets
$-203,268
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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
2004
Legal Domicile
MA
Principal Officer
Scott Cassel
Phone
6172364855
Tax Period
2024-07-01 to 2025-06-30

PRODUCT STEWARDSHIP INSTITUTE INC, founded in 2004, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2024.

Mission

The Product Stewardship Institute is a policy expert and consulting nonprofit that powers the emerging circular economy to ensure products are responsibly managed from design to end of life. In 2000, PSI pioneered extended producer responsibility (EPR) in the United States by convening diverse stakeholders to build EPR policies and programs. Drawing on global best practices and expansive multinational relationships, our facilitated dialogues, policy models, research, education, and expert testimony have helped enact 150 EPR laws in 34 states and the District of Columbia across 22 product categories, including packaging. Our members include state and local governments in 48 states, and we partner with more than 120 businesses, academic institutions, environmental nonprofits, and international and tribal governments. Together, we advance scalable solutions that protect people and the planet.

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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 $471,958
Program Service Revenue $713,972
Investment Income $16
Other Revenue $0
TOTAL REVENUE $1,185,946

Expense Breakdown

Grants Paid $0
Salaries & Benefits $867,441
Fundraising Expenses $0
Program Expenses $770,153
Other Expenses $357,903
TOTAL EXPENSES $1,225,344

Year-over-Year Comparison

2024 2023 Change
Revenue $1,185,946 $1,223,859 0.0%
Expenses $1,225,344 $1,202,782 +0.0%
Net Income $-39,398 $21,077 -2.9%
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

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Governance

Voting Members
10
Independent Members
10
Employees
9
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
$208,425
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Scott Cassel Chief Executive Officer 40
Officer
$187,252 $21,173 $208,425
Amanda Nicholson Chief of Operations 40
Highest
$107,396 $10,370 $117,766
Abby Boudouris President 1.25
Officer Director
$0 $0 $0
Tom Metzner Vice President 1.25
Officer Director
$0 $0 $0
Christina Seibert Clerk 1.25
Officer Director
$0 $0 $0
Jennifer Semrau Treasurer 1.25
Officer Director
$0 $0 $0
Mallory Anderson Director 1.25
Director
$0 $0 $0
Seth Hackman Director 1.25
Director
$0 $0 $0
Jennifer Heaton-Jones Director 1.25
Director
$0 $0 $0
Jennifer Holliday Director 1.25
Director
$0 $0 $0
Mia Roethlein Director 1.25
Director
$0 $0 $0
Patrick Riley Director 1.25
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
2025 $1,185,946 $1,225,344 $331,537 $-39,398
2024 $1,223,859 $1,202,782 $222,053 $21,077
2023 $1,184,912 $1,190,739 $197,105 $-5,827
2022 $933,235 $987,166 $160,387 $-53,931
2021 $698,236 $830,978 $293,427 $-132,742
2020 $828,418 $768,139 $281,354 $60,279
2019 $717,182 $828,998 $163,873 $-111,816
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