Foundation for Packaging Education (EIN 851652230) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

Michael DAngelo

Phone

7035351386

Tax Period

2024-07-01 to 2025-06-30

Foundation for Packaging Education, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $223K in total revenue in fiscal year 2020. The organization ran a surplus of $214K, a strong 96% operating margin.

Mission

Support the development and distribution of employee education and training resources for the workforce in the corrugated, folding carton, rigid box, and related supply chain industries

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,204,511

Program Service Revenue $0

Investment Income $72,291

Other Revenue $0

TOTAL REVENUE $1,276,802

Expense Breakdown

Grants Paid $9,869

Salaries & Benefits $1,350

Fundraising Expenses $203,083

Program Expenses $9,869

Other Expenses $227,868

TOTAL EXPENSES $239,087

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,276,802	$248,849	+4.1%
Expenses	$239,087	$37,975	+5.3%
Net Income	$1,037,715	$210,874	+3.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joe Morrelli	Vice Chairman	1.00	Officer Director	$0	$0	$0
Matt Davis	Immediate Past Chairman	1.00	Officer Director	$0	$0	$0
Gary Brewer	Chairman	1.00	Officer Director	$0	$0	$0
Terri-Lynn Levesque	First Vice Chairman	1.00	Officer Director	$0	$0	$0
Eric Elgin	Vice Chairman	1.00	Officer Director	$0	$0	$0
Mike Schaefer	Vice Chairman	1.00	Officer Director	$0	$0	$0
Michael DAngelo	Executive Director	1.00	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
2025	$1,276,802	$239,087	$3,913,719	$1,037,715
2024	$248,849	$37,975	$2,795,476	$210,874
2023	$428,095	$165,669	$2,396,789	$262,426
2022	$367,982	$22,010	$2,094,668	$345,972
2020	$223,301	$8,932	$221,124	$214,369

Foundation for Packaging Education