International Corrugated Packaging… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

Caitlin Salaverria

Phone

8472262671

Tax Period

2025-01-01 to 2025-12-31

International Corrugated Packaging Foundation, founded in 1985, is a community nonprofit in the International Affairs sector that reported $1.2M in total revenue in fiscal year 2025. Expenses of $1.5M exceeded revenue, resulting in a 22% operating deficit.

Mission

The International Corrugated Packaging Foundation (ICPF) mission is to grow the workforce of the corrugated packaging industry now and into the future. ICPF creates and builds partnerships within the education community and provides equipment, curriculum, student programs, etc.

Program Service Accomplishments

Program 1

Expenses: $1,209,016

Provided programs, equipment, financial, and other support to universities, colleges, and trade schools to enhance students' education and understanding of the careers in the global corrugated...

Provided programs, equipment, financial, and other support to universities, colleges, and trade schools to enhance students' education and understanding of the careers in the global corrugated packaging industry.

🔒

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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $308,005

Program Service Revenue $0

Investment Income $944,704

Other Revenue $-5,657

TOTAL REVENUE $1,247,052

Expense Breakdown

Grants Paid $552,888

Salaries & Benefits $594,734

Fundraising Expenses $111,887

Program Expenses $1,209,016

Other Expenses $375,981

TOTAL EXPENSES $1,523,603

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,247,052	$1,233,633	+0.0%
Expenses	$1,523,603	$1,270,523	+0.2%
Net Income	$-276,551	$-36,890	+6.5%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$296,237

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mike D'Angelo	Director	2.00	Director	$0	$0	$0
Jack Fiterman	Director	1.00	Director	$0	$0	$0
Matt Szymanski	Director	1.00	Director	$0	$0	$0
John Kelley	Chairman	1.00	Director	$0	$0	$0
Greg Tucker	Director	2.00	Director	$0	$0	$0
Neal McConnellogue	Director	1.00	Director	$0	$0	$0
Al Hoodwin	Director	1.00	Director	$0	$0	$0
Greg Tucker	Director	1.00	Director	$0	$0	$0
John Lingle	Director	1.00	Director	$0	$0	$0
Jay Carman	Director	1.00	Director	$0	$0	$0
Gene Marino	Director	1.00	Director	$0	$0	$0
Trent Mayol	Director	1.00	Director	$0	$0	$0
Bob Mcllvaine	Director	1.00	Director	$0	$0	$0
Joe Palmeri	Director	1.00	Director	$0	$0	$0
Jana Harris	Director	1.00	Director	$0	$0	$0
Greg Jones	Director	1.00	Director	$0	$0	$0
Jaime Kolligian	Director	1.00	Director	$0	$0	$0
David Dennis	Director	1.00	Director	$0	$0	$0
Caitlin Salaverria	President	40.00	Officer	$260,336	$35,901	$296,237
Victoria Miksis	Research and Strategic Partnerships Manager	40.00	Highest	$126,425	$6,843	$133,268
Alexandra Lemoine	Marketing and Education Outreach Manager	40.00	Highest	$120,581	$15,768	$136,349

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	$1,247,052	$1,523,603	$19,706,480	$-276,551
2024	$1,233,633	$1,270,523	$18,692,752	$-36,890
2023	$810,761	$1,184,265	$18,094,803	$-373,504
2022	$3,496,085	$743,063	$16,573,197	$2,753,022
2021	$1,163,366	$556,769	$19,340,867	$606,597
2020	$644,466	$557,053	$17,525,762	$87,413
2019	$846,505	$614,717	$16,420,971	$231,788
2018	$1,381,204	$682,929	$14,543,467	$698,275

International Corrugated Packaging Foundation