FOUNDATION FOR PLASTIC RECYCLING

EIN: 471965701 501(c)(3)

WASHINGTON, DC

Total Revenue
$224,588
Total Expenses
$107,006
Total Assets
$124,772
Net Assets
$119,772
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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
2014
Legal Domicile
DC
Principal Officer
STEVE ALEXANDER
Phone
7035365189
Tax Period
2020-01-01 to 2020-12-31

FOUNDATION FOR PLASTIC RECYCLING, founded in 2014, is a small nonprofit that reported $225K in total revenue in fiscal year 2020. The organization ran a surplus of $118K, a strong 52% operating margin.

Mission

THE MISSION OF THE FOUNDATION FOR PLASTIC RECYCLING IS TO DRIVE SUSTAINABILITY SOLUTIONS FOR PLASTICS PACKAGING IN ORDER TO SUPPORT THE CIRCULAR ECONOMY. THROUGH EDUCATION, RESEARCH AND COLLABORATION, THE FOUNDATION SEEKS TO ENHANCE THE VALUE OF PLASTIC RECYCLING AS WELL AS EXPAND PLASTIC RECYCLING EFFORTS AT THE STATE AND NATIONAL LEVEL. ESTABLISHED BY THE ASSOCIATION OF PLASTIC RECYCLERS, THE FOUNDATION FOR PLASTIC RECYCLING IS UNIQUE FOR ITS COMMITMENT TO ENHANCING AND EXPANDING PLASTICS RECYCLING EFFORTS IN ORDER TO GARNER ECONOMIC AND ENVIRONMENTAL BENEFITS.

Program Service Accomplishments

Program 1
Expenses: $88,973 Revenue: $0

BUY RECYCLED: PROGRAM FOCUSED ON CONSUMER EDUCATION TO ENCOURAGE PURCHASING ITEMS MADE WITH RECYCLED PLASTIC MATERIALS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $224,575
Program Service Revenue $0
Investment Income $13
Other Revenue $0
TOTAL REVENUE $224,588

Expense Breakdown

Grants Paid $0
Salaries & Benefits $60,000
Fundraising Expenses $3,000
Program Expenses $88,973
Other Expenses $47,006
TOTAL EXPENSES $107,006

Year-over-Year Comparison

2020 2019 Change
Revenue $224,588 N/A N/A
Expenses $107,006 N/A N/A
Net Income $117,582 $0 N/A
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
11
Independent Members
11
Employees
N/A
Volunteers
12

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
4
$402,000
Total Directors
12
$342,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE ALEXANDER CHAIR 3.00
Officer Director
$0 $0 $342,000
ED SOCCI VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
TOM EMMERICH TREASURER 2.00
Officer Director
$0 $0 $0
CHERISH MILLER DIRECTOR 2.00
Director
$0 $0 $0
EMILY MATTHEWS DIRECTOR 2.00
Director
$0 $0 $0
JOHN CATAURANO DIRECTOR 2.00
Director
$0 $0 $0
KEEFE HARRISON DIRECTOR 2.00
Director
$0 $0 $0
LYNN DYER DIRECTOR 2.00
Director
$0 $0 $0
MAITE QUINN DIRECTOR 2.00
Director
$0 $0 $0
STEPHANIE BAKER DIRECTOR 2.00
Director
$0 $0 $0
SUSAN ROBINSON DIRECTOR 2.00
Director
$0 $0 $0
KARA POCHIRO DIRECTOR 2.00
Director
$0 $0 $0
LISA LOPINSKY EXECUTIVE DIRECTOR 40.00
Officer
$60,000 $0 $60,000
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
2020 $224,588 $107,006 $124,772 $117,582
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