FUTURE OF PLASTICS FOUNDATION

EIN: 203492339 501(c)(3) Science & Technology

WASHINGTON, DC

Total Revenue
$25,682
Total Expenses
$6,149
Total Assets
$13,925
Net Assets
$13,925
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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
1937
Legal Domicile
DC
Principal Officer
MATTHEW SEAHOLM
Phone
2029745200
Tax Period
2023-01-01 to 2023-12-31

FUTURE OF PLASTICS FOUNDATION, founded in 1937, is a micro nonprofit in the Science & Technology sector that reported $26K in total revenue in fiscal year 2023. Revenue fell 64% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $20K, a strong 76% operating margin.

Mission

THE FUTURE OF PLASTICS FOUNDATION EMPOWERS A SUSTAINABLE AND THRIVING PLASTICS INDUSTRY THROUGH EDUCATION, COMMUNITY ENGAGEMENT, AND INNOVATION.

Program Service Accomplishments

Program 1
Expenses: $6,149

THROUGH EDUCATION, COMMUNITY ENGAGEMENT, AND CUTTING-EDGE INNOVATION, THE FUTURE OF PLASTICS FOUNDATION WILL: FUEL INNOVATION BY INVESTING IN A FUTURE-READY WORKFORCE, FUNDING GROUNDBREAKING RESEARCH...

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THROUGH EDUCATION, COMMUNITY ENGAGEMENT, AND CUTTING-EDGE INNOVATION, THE FUTURE OF PLASTICS FOUNDATION WILL: FUEL INNOVATION BY INVESTING IN A FUTURE-READY WORKFORCE, FUNDING GROUNDBREAKING RESEARCH AND DEVELOPMENT, AND SUPPORTING SIMILAR INITIATIVES THAT FOSTER A SUSTAINABLE PLASTICS FUTURE. CULTIVATE A GENERATION OF PREPARED, INFORMED, PROFESSIONAL LEADERS WHO CHAMPION THE RESPONSIBLE USE, DEVELOPMENT, AND CIRCULARITY OF PLASTICS AND ENDEAVOR TO ATTRACT AND TRAIN THE PLASTICS MANUFACTURING EXPERTS OF TOMORROW. DRIVE POSITIVE ENVIRONMENTAL IMPACT BY COLLABORATING WITH COMMUNITIES TO PROMOTE SUSTAINABILITY AND POSITIVE ENVIRONMENTAL CHANGE

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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 (2023)

Revenue Breakdown

Contributions & Grants $25,682
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $25,682

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $6,149
Other Expenses $6,149
TOTAL EXPENSES $6,149

Year-over-Year Comparison

2023 2022 Change
Revenue $25,682 $70,836 -0.6%
Expenses $6,149 $115,195 -0.9%
Net Income $19,533 $-44,359 -1.4%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
N/A
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
3
$1,236,270
Total Directors
3
$1,236,270
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW SEAHOLM CHAIR 1.00
Officer Director
$0 $16,500 $497,490
GLENN ANDERSON SECRETARY 1.00
Officer Director
$0 $36,829 $404,283
WAYNE POPHAM TREASURER 1.00
Officer Director
$0 $15,735 $334,497
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 No data No data No data No data
2023 $25,682 $6,149 $13,925 $19,533
2022 $70,836 $115,195 $107,087 $-44,359
2021 $93,074 $45,706 $38,001 $47,368
2020 $3,310 $34,607 $33,691 $-31,297
2019 $1,450 $20,634 $38,401 $-19,184
2018 $125,500 $167,052 $43,151 $-41,552
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