PLASTICS PIPE INSTITUTE 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

1998

Legal Domicile

Principal Officer

DAVID M FINK

Phone

4694991044

Tax Period

2023-01-01 to 2023-12-31

PLASTICS PIPE INSTITUTE INC, founded in 1998, is a community nonprofit in the Community Improvement sector that reported $5.4M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $5.2M left a modest 3% surplus.

Mission

PLASTICS PIPE INSTITUTE, INC.'S (PPI) MISSION IS TO MAKE PLASTICS THE MATERIAL OF CHOICE FOR ALL PIPING APPLICATIONS. PPI IS ACCOMPLISHED THROUGH CONTRIBUTING TO THE DEVELOPMENT OF STANDARDS; EDUCATING DESIGNERS, INSTALLERS, USERS, AND GOVERNMENT OFFICIALS; PUBLISHING UP-TO-DATE TECHNICAL AND GENERAL REPORTS; COLLECTING AND PUBLISHING INDUSTRY STATISTICS; ESTABLISHING FORUMS FOR PROBLEM SOLVING AND NEW IDEA GENERATION; MAINTAINING LIAISONS WITH INDUSTRY, EDUCATIONAL, AND GOVERNMENT GROUPS; PROVIDING TECHNICAL FOCUS FOR THE INDUSTRY; AND SUPPLYING THE ASSOCIATED WEB SITES WITH UP-TO-DATE INFORMATION.

Program Service Accomplishments

Program 1

THE PPI ANNUAL MEETING WAS HELD IN MAY AND THE PPI SEMI-ANNUAL MEETING WAS HELD IN OCTOBER, WHERE STAFF MEMBERS PARTICIPATED IN INDUSTRY CONFERENCES CONCERNING PIPE, CONSTRUCTION, ENGINEERING, AND...

THE PPI ANNUAL MEETING WAS HELD IN MAY AND THE PPI SEMI-ANNUAL MEETING WAS HELD IN OCTOBER, WHERE STAFF MEMBERS PARTICIPATED IN INDUSTRY CONFERENCES CONCERNING PIPE, CONSTRUCTION, ENGINEERING, AND INFRASTRUCTURE ECONOMICS. PPI MEMBERSHIP GREW SLIGHTLY COMPARED WITH THE PRIOR YEAR, WITH APPROXIMATELY 164 MEMBERS. PPI CONTINUES TO CONDUCT RESEARCH INTO VARIOUS ASPECTS OF PLASTIC PIPE AND USE THAT INFORMATION TO IMPROVE AND PROMOTE ITS LONG TERM ECONOMIC AND ENVIRONMENTAL BENEFITS.

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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 $245,493

Program Service Revenue $4,987,265

Investment Income $152,661

Other Revenue $0

TOTAL REVENUE $5,385,419

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,639,060

Fundraising Expenses $0

Other Expenses $2,579,231

TOTAL EXPENSES $5,218,291

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,385,419	$4,893,029	+0.1%
Expenses	$5,218,291	$4,846,304	+0.1%
Net Income	$167,128	$46,725	+2.6%

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

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

$390,077

Total Directors

Key Employees

$1,363,825

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUG KELLER	CHAIR-THRU 5/23;PAST CHAIR-AS 6/23	1.00	Officer Director	$0	$0	$0
GARY MORGAN	VICE CHAIR-THRU 5/23;CHAIR-AS 6/23	1.00	Officer Director	$0	$0	$0
JIM JOHNSTON	DIR-THRU 5/23; VICE CHAIR-AS OF 6/23	0.50	Officer Director	$0	$0	$0
KATE OLINGER	TREASURER-AS OF 6/23	0.50	Officer Director	$0	$0	$0
CARL BAKER	DIRECTOR	0.50	Director	$0	$0	$0
BARB DONALDSON	DIRECTOR	0.50	Director	$0	$0	$0
DELL DOYLE	ADVISORY COUNCIL-AS OF 6/23	0.50	Director	$0	$0	$0
DUSTIN LANGSTON	ADV. COUNCIL-THRU 5/23; DIR-AS 6/23	0.50	Director	$0	$0	$0
STEFAN LUPKE	DIRECTOR	0.50	Director	$0	$0	$0
JOE PONIATOWSKI	DIRECTOR	0.50	Director	$0	$0	$0
PETER ZUT	PAST CHAIR-THRU 5/23	0.50	Officer Director	$0	$0	$0
BRANDY HERRMANN	TREASURER-THRU 5/23	0.50	Officer Director	$0	$0	$0
DAVID FINK	PRESIDENT	40.00	Officer	$314,829	$75,248	$390,077
CAMILLE GEORGE RUBEIZ	SENIOR DIVISION ENGINEER	40.00	Key Emp	$248,207	$61,049	$309,256
SARAH PATTERSON	TECHNICAL DIRECTOR & HSB C	40.00	Key Emp	$233,495	$44,687	$278,182
DANIEL CURRENCE	DIRECTOR OF ENGINEERING	40.00	Key Emp	$214,082	$48,375	$262,457
LANCE MACNEVIN	DIRECTOR OF ENGINEERING	40.00	Key Emp	$210,189	$49,529	$259,718
RANDALL KNAPP	DIRECTOR OF ENGINEERING	40.00	Key Emp	$206,107	$48,105	$254,212

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	$5,385,419	$5,218,291	$4,194,583	$167,128
2022	$4,893,029	$4,846,304	$4,224,390	$46,725
2021	$4,132,898	$4,057,073	$3,981,728	$75,825
2020	$4,112,057	$3,516,097	$3,814,258	$595,960
2019	$4,668,782	$3,948,011	$3,363,363	$720,771
2018	$4,163,758	$3,633,619	$2,367,086	$530,139