US PLASTICS PACT INC

EIN: 851372760 501(c)(3) Environment

WALPOLE, NH

Total Revenue
$1,943,755
Total Expenses
$1,676,137
Total Assets
$916,814
Net Assets
$835,805
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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
2022
Legal Domicile
DE
Principal Officer
JONATHAN QUINN
Phone
4109131417
Tax Period
2023-01-01 to 2023-12-31

US PLASTICS PACT INC, founded in 2022, is a community nonprofit in the Environment sector that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 61% from the prior year, signaling strong growth momentum. Expenses of $1.7M left a modest 14% surplus.

Mission

THE U.S. PLASTICS PACT BRINGS TOGETHER BUSINESSES, NOT-FOR-PROFIT ORGANIZATIONS, GOVERNMENT AGENCIES, AND RESEARCH INSTITUTIONS THAT WORK TOGETHER TOWARD A COMMON VISION OF A CIRCULAR ECONOMY FOR PLASTICS, AS OUTLINED BY THE ELLEN MACARTHUR FOUNDATION'S NEW PLASTICS ECONOMY INITIATIVE. THIS VISION AIMS TO ENSURE THAT PLASTICS NEVER BECOME WASTE BY ELIMINATING THE PLASTICS WE DON'T NEED, INNOVATING TO ENSURE THAT THE PLASTICS WE DO NEED ARE REUSABLE, RECYCLABLE, OR COMPOSTABLE, AND CIRCULATING ALL THE PLASTIC ITEMS WE USE TO KEEP THEM IN THE ECONOMY AND OUT OF THE ENVIRONMENT.

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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 $1,898,014
Program Service Revenue $26,150
Investment Income $19,591
Other Revenue $0
TOTAL REVENUE $1,943,755

Expense Breakdown

Grants Paid $1,015
Salaries & Benefits $770,537
Fundraising Expenses $296,098
Program Expenses $1,196,444
Other Expenses $904,585
TOTAL EXPENSES $1,676,137

Year-over-Year Comparison

2023 2022 Change
Revenue $1,943,755 $1,205,091 +0.6%
Expenses $1,676,137 $386,904 +3.3%
Net Income $267,618 $818,187 -0.7%
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
4
Independent Members
4
Employees
7
Volunteers
225

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
5
$123,284
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HOLLI ALEXANDER PRESIDENT 1.00
Officer Director
$0 $0 $0
SUSAN FIFE-FERRIS VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
GARY MCELYEA TREASURER 1.00
Officer Director
$0 $0 $0
STEPHANIE KERSTEN-JOHNSTON INSTITUTIONAL DIRECTOR 1.00
Director
$0 $0 $0
RICHIE GETTER TREASURER 1.00
Officer Director
$0 $0 $0
EMILY TIPALDO EXECUTIVE DIRECTOR 1.00
Officer
$123,284 $0 $123,284
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 $1,943,755 $1,676,137 $916,814 $267,618
2022 $1,205,091 $386,904 $1,204,903 $818,187
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