CENTER FOR PHARMACEUTICAL CLEANING INNOVATION CORP

EIN: 810823819 501(c)(3) Education

HILLLSBOROUGH, NJ

Total Revenue
$330,290
Total Expenses
$294,822
Total Assets
$65,509
Net Assets
$58,045
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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
2016
Legal Domicile
NJ
Principal Officer
ANDREW WALSH
Phone
9087041400
Tax Period
2023-07-01 to 2024-06-30

CENTER FOR PHARMACEUTICAL CLEANING INNOVATION CORP, founded in 2016, is a small nonprofit in the Education sector that reported $330K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $295K left a modest 11% surplus.

Mission

HELP COMPANIES IMPLEMENT NEW SCIENCE APPROACHES TO IMPROVE THEIR CLEANING PROCESS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $8,148
Program Service Revenue $322,142
Investment Income $0
Other Revenue $0
TOTAL REVENUE $330,290

Expense Breakdown

Grants Paid $0
Salaries & Benefits $152,591
Fundraising Expenses $0
Program Expenses $246,623
Other Expenses $142,231
TOTAL EXPENSES $294,822

Year-over-Year Comparison

2023 2022 Change
Revenue $330,290 $273,940 +0.2%
Expenses $294,822 $222,316 +0.3%
Net Income $35,468 $51,624 -0.3%
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
1
Independent Members
N/A
Employees
7
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW WALSH PRESIDENT N/A
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
2025 No data No data No data No data
2024 $330,290 $294,822 $65,509 $35,468
2023 $273,940 $222,316 $86,201 $51,624
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