Polymer Processing Institute

EIN: 222458275 501(c)(3)

Newark, NJ

Total Revenue
$3,511,505
Total Expenses
$3,664,887
Total Assets
$5,026,568
Net Assets
$4,727,776
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
NJ
Principal Officer
Ming-Wan Young
Phone
9735965896
Tax Period
2024-07-01 to 2025-06-30

Polymer Processing Institute, founded in 1982, is a community nonprofit that reported $3.5M in total revenue in fiscal year 2024.

Mission

Provide research, education, publications to the polymer field for medical devices and pharmaceutical applications, packaging, recycling, paints and coatings.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,380,526
Program Service Revenue $2,130,979
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,511,505

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,791,105
Fundraising Expenses $0
Program Expenses $3,314,457
Other Expenses $1,873,782
TOTAL EXPENSES $3,664,887

Year-over-Year Comparison

2024 2023 Change
Revenue $3,511,505 $3,254,373 +0.1%
Expenses $3,664,887 $4,066,391 -0.1%
Net Income $-153,382 $-812,018 -0.8%
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

Sign In

Governance

Voting Members
13
Independent Members
11
Employees
17
Volunteers
11

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
$451,775
Total Directors
13
$451,775
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Ming Wan Young PRESIDENT 40.0
Officer Director
$276,640 $38,205 $314,845
Kasia Strycharz Secretary 40.0
Officer Director
$79,796 $15,984 $95,780
DR COSTAS G GOGOS Board Chairman 15.0
Officer Director
$41,150 $0 $41,150
Dr Kun H Hyun President Emeritus 1.0
Director
$0 $0 $0
Dr Donald Sebastian TRUSTEE 1.0
Director
$0 $0 $0
Paul Andersen TRUSTEE 1.0
Director
$0 $0 $0
John Christiano Trustee 1.0
Director
$0 $0 $0
Sy Finder TRUSTEE 1.0
Director
$0 $0 $0
Timothy Gibson TRUSTEE 1.0
Director
$0 $0 $0
Stan Jakopin TRUSTEE 1.0
Director
$0 $0 $0
Charlie Martin TRUSTEE 1.0
Director
$0 $0 $0
Viggy Mehta Trustee 1.0
Director
$0 $0 $0
Lefteris Valsamis Trustee 1.0
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 $3,511,505 $3,664,887 $5,026,568 $-153,382
2024 $3,254,373 $4,066,391 $5,396,496 $-812,018
2023 $5,034,613 $4,449,441 $6,198,011 $585,172
2022 $5,166,367 $4,985,915 $5,522,179 $180,452
2021 $5,118,235 $4,178,348 $4,651,810 $939,887
2020 $2,612,174 $2,558,832 $3,561,387 $53,342
2019 $2,398,527 $2,040,479 $3,264,151 $358,048
2018 $2,729,772 $2,044,210 $2,977,658 $685,562
Explore More Nonprofits
Top 100 Nonprofits in New Jersey Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Polymer Processing Institute with other nonprofits in New Jersey and across the country.