PETROLEUM PACKAGING COUNCIL INC

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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

1989

Legal Domicile

Principal Officer

STEVE ESTOK

Phone

9493697102

Tax Period

2023-01-01 to 2023-12-31

PETROLEUM PACKAGING COUNCIL INC, founded in 1989, is a small nonprofit that reported $632K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $106K, a strong 17% operating margin.

Mission

PETROLEUM PACKAGING COUNCIL, INC.'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE TECHNICAL LEADERSHIP AND EDUCATION TO THE PETROLEUM PACKAGING INDUSTRY PROFESSIONALS FOR THE BETTERMENT OF THE INDUSTRY, THE ENVIRONMENT, AND THE WORLD.

Program Service Accomplishments

Program 1

Expenses: $313,882

PPC CONVENES TWICE ANNUALLY, PROVIDING THE OPPORTUNITY TO DISCUSS AND LEARN OF THE LATEST CHANGES IN TECHNOLOGY AS WELL AS THE CHANGES IN LEGISLATION AND REGULATIONS. PPC SPEAKS DIRECTLY TO THE...

PPC CONVENES TWICE ANNUALLY, PROVIDING THE OPPORTUNITY TO DISCUSS AND LEARN OF THE LATEST CHANGES IN TECHNOLOGY AS WELL AS THE CHANGES IN LEGISLATION AND REGULATIONS. PPC SPEAKS DIRECTLY TO THE ENVIRONMENTAL LEGISLATION AS IT APPLIES TO THE PETROLEUM PACKING INDUSTRY.

Program 2

Expenses: $10,500

PETROLEUM PACKAGING COUNCIL, INC. OFFERED THREE $3,500 SCHOLARSHIPS FOR CHILDREN OF PPC MEMBERS IN GOOD STANDING.

Program 3

Expenses: $857

PPC SPECIAL SEMINARS AND WORKSHOPS, "PPC COLLEGE", ARE HELD IN CONJUCTION WITH SEMI-ANNUAL MEETINGS TO OFFER ADDITIONAL LEARNING OPPORTUNITIES TO REGULAR AND ASSOCIATE MEMBERS. THESE SERVICES WERE...

PPC SPECIAL SEMINARS AND WORKSHOPS, "PPC COLLEGE", ARE HELD IN CONJUCTION WITH SEMI-ANNUAL MEETINGS TO OFFER ADDITIONAL LEARNING OPPORTUNITIES TO REGULAR AND ASSOCIATE MEMBERS. THESE SERVICES WERE REINSTATED IN 2021.

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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 (2023)

Revenue Breakdown

Contributions & Grants $165,000

Program Service Revenue $329,693

Investment Income $15,445

Other Revenue $122,262

TOTAL REVENUE $632,400

Expense Breakdown

Grants Paid $10,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $325,239

Other Expenses $515,432

TOTAL EXPENSES $525,932

Year-over-Year Comparison

	2023	2022	Change
Revenue	$632,400	$570,373	+0.1%
Expenses	$525,932	$545,263	0.0%
Net Income	$106,468	$25,110	+3.2%

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

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE ESTOK	PRESIDENT	1.00	Officer Director	$0	$0	$0
IRIS THOMAS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
HENRY WOLFE	TREASURER	1.00	Officer Director	$0	$0	$0
SONDRA TOW	ASSISTANT TREASURER	1.00	Director	$0	$0	$0
TONY SWERDERSKY	IMMED. PAST PRES.	1.00	Director	$0	$0	$0
TOM BISHOP	DIRECTOR	1.00	Director	$0	$0	$0
LYNNE BROPHY	DIRECTOR	1.00	Director	$0	$0	$0
TOM GOLINSKI	DIRECTOR	1.00	Director	$0	$0	$0
JOHN GOSSETT	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW MILLER	DIRECTOR	1.00	Director	$0	$0	$0
WAYNE WYNGAARD	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$632,400	$525,932	$551,207	$106,468
2022	$570,373	$545,263	$451,332	$25,110
2021	$307,723	$307,242	$526,169	$481
2020	$174,313	$224,823	$518,775	$-50,510
2019	$433,859	$414,022	$467,657	$19,837
2018	$465,925	$373,242	$442,788	$92,683