HALON RECYCLING CORPORATION

EIN: 521842251

ARLINGTON, VA

Total Revenue
$100,015
Total Expenses
$109,212
Total Assets
$23,578
Net Assets
$23,578
🔒

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
1993
Legal Domicile
VA
Principal Officer
THOMAS CORTINA
Phone
8002581283
Tax Period
2023-01-01 to 2023-12-31

HALON RECYCLING CORPORATION, founded in 1993, is a small nonprofit that reported $100K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring.

Mission

THE HALON RECYCLING CORPORATION (HRC) IS A VOLUNTARY, NON-PROFIT TRADE ASSOCIATION FORMED BY CONCERNED HALON USERS AND THE FIRE PROTECTION INDUSTRY TO SUPPORT THE GOALS OF THE ENVIRONMENTAL COMMUNITY AND THE UNITED STATES ENVIRONMENTAL PROTECTION AGENCY (EPA). ITS FUNCTION IS TO ASSIST USERS OF HALON FIRE FIGHTING CHEMICALS TO REDEPLOY THE EXISTING BANK OF HALONS FROM APPLICATIONS WHERE ALTERNATIVES ARE FEASIBLE TO THOSE UNIQUE SITUATIONS THAT STILL REQUIRE HALONS. HRC CAN ASSIST YOU IN SELLING YOUR HALONS, OR HELP YOU TO FIND HALONS TO KEEP YOUR CRITICAL SYSTEMS FUNCTIONAL. HRC WILL ALSO KEEP YOU INFORMED ABOUT CHANGES IN INTERNATIONAL AND DOMESTIC REGULATIONS THAT CAN IMPACT CONTINUED HALON USE.

Program Service Accomplishments

Program 1

FACILITATE HALON RECYCLING - HRC ACTS AS A FACILITATING ORGANIZATION FOR THE RECYCLING OF HALON 1211 AND 1301 BY PROVIDING INFORMATION SERVICES TO MATCH COMPANIES THAT HAVE EXCESS HALONS WITH THOSE...

Read more

FACILITATE HALON RECYCLING - HRC ACTS AS A FACILITATING ORGANIZATION FOR THE RECYCLING OF HALON 1211 AND 1301 BY PROVIDING INFORMATION SERVICES TO MATCH COMPANIES THAT HAVE EXCESS HALONS WITH THOSE COMPANIES THAT NEED THE FIRE FIGHTING AGENTS FOR CRITICAL USES.

Program 2

DETERMINE CRITICAL USE - HRC PROVIDES GUIDELINES AND PROCEDURES FOR A SELF DETERMINATION OF CRITICAL HALON USE. HRC ALSO PROVIDES AN INDEPENDENT REVIEW AND CRITICAL USE CERTIFICATION IF REQUESTED.

Program 3

INFORMATION CLEARINGHOUSE - HRC ACTS AS AN INFORMATION CLEARINGHOUSE BY PROVIDING ACCURATE, UP-TO-DATE INFORMATION ON ALL ISSUES RELATED TO HALON RECYCLING.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $99,967
Investment Income $33
Other Revenue $15
TOTAL REVENUE $100,015

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $109,212
TOTAL EXPENSES $109,212

Year-over-Year Comparison

2023 2022 Change
Revenue $100,015 $130,972 -0.2%
Expenses $109,212 $120,845 -0.1%
Net Income $-9,197 $10,127 -1.9%
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
7
Independent Members
7
Employees
N/A
Volunteers
7

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
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE MCEACHEN BOARD MEMBER 1.00
Director
$0 $0 $0
THIBAULT PELLETIER BOARD MEMBER 1.00
Officer Director
$0 $0 $0
BRENDAN KARCHERE TREASURER 1.00
Officer Director
$0 $0 $0
TERRY SIMPSON BOARD MEMBER 1.00
Officer Director
$0 $0 $0
TYLER ROBERTS BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN DEMETER BOARD MEMBER 1.00
Director
$0 $0 $0
IAN CAMPBELL BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS CORTINA EXECUTIVE DIRECTOR 15.00
Officer
$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 $100,015 $109,212 $23,578 $-9,197
2022 $130,972 $120,845 $32,775 $10,127
2021 $42,031 $134,823 $22,648 $-92,792
2020 $172,781 $135,846 $115,440 $36,935
2019 $150,023 $165,842 $97,111 $-15,819
2018 $136,299 $155,508 $116,448 $-19,209
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HALON RECYCLING CORPORATION with other nonprofits in Virginia and across the country.