Pet Resin Association

New York, NYUnknown exempt organization EIN 20-3847627Revenue $612K in FY2023

On file with the IRSpetresin.org355 Lexington Avenue 15th Floor · New York, NY

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

The Association is dedicated to promoting the benefits of Pet Resin, educating the public about the safety and uses of Pet Resin, providing accurate technical and scientific information about Pet Resin and encouraging the recycling and sustainable use of Pet Resin by serving as the authoritative voice on issues impacting the industry.

Run by 3 volunteers.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$96K
101% of total assets
Concern: liabilities are 101% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$612K
Spent
$574K
Net assets
−$913

From the FY2023 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
See Pet Resin Association executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes safe PET resin use and recycling through education and accurate information.

Questions for Pet Resin Association

Tap to ask. Pet Resin Association sees how many people are interested.

Your first name shows with your question. Pet Resin Association answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2023
01

Educating the public about the safety and uses of pet resin; providing accurate technical and scientific information about pet resin; and, encouraging the recycling and sustainable use of pet resin by serving as the authoritative voice on issues impacting the industry; and, keeping abreast of industry issues that potentially affect the…

Pt IX · col B

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$612K
Ln 12
Gifts and grantsLn 1h$612K
Money outPt IX
$574K
Ln 25
Owns and owesPt X
−$913
net assets · Ln 32
Cash and savingsLn 1–2$95K
Total assetsLn 16$95K
LiabilitiesLn 26$96K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$612K
Total revenueLn 12$612K
Assets in detailPt X, end of year
CashLn 1$95K
Cash and savings togetherLn 1–2$95K
Total assetsLn 16$95K
LiabilitiesLn 26$96K
Net assetsLn 32−$913
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$95K
Total assetsLn 16$0$95K
LiabilitiesLn 26$2K$96K
Net assetsLn 32−$2K−$913
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$219K
Legal feesLn 11b$313K
Accounting feesLn 11c$2K
Other fees for servicesLn 11g$24K
Office expensesLn 13$3K
Information technologyLn 14$433
TravelLn 17$7K
InsuranceLn 23$1K
Other expenses (24a–d)Ln 24$3K
Total functional expensesLn 25$574K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest Viewing $612K$574K$38K−$913 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $611,900 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $393,600$611,900
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $393,600$611,900
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $357,281$573,600
I-18 Total expensesPrior year $357,281$573,600
I-19 Revenue less expensesPrior year $36,319$38,300
Part VI · Governance 3 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $611,900 across 3 lines filed
VIII-1b Membership dues$611,900
VIII-1h Total contributions, gifts and grants$611,900
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$611,900
Part IX · Statement of functional expenses $573,600 across 9 lines filed
IX-11a Management fees$219,000
IX-11b Legal fees$313,489
IX-11c Accounting fees$1,500
IX-11g Other fees for services$24,362
IX-13 Office expenses$3,051
IX-14 Information technology$433
IX-17 Travel$7,088
IX-23 Insurance$1,252
IX-24 Other expenses (24a–d)$3,425
IX-25 Total functional expenses$573,600
Part X · Balance sheet $95,011 assets, 9 lines filed
X-1 Cash, non-interest-bearing$95,011
X-16 Total assetsStart of year $0$95,011
X-17 Accounts payable and accrued expensesStart of year $96$112
X-19 Deferred revenue$95,812
X-25 Other liabilitiesStart of year $2,117$0
X-26 Total liabilitiesStart of year $2,213$95,924
X-27 Net assets without donor restrictionsStart of year −$2,213−$913
X-32 Total net assets or fund balancesStart of year −$2,213−$913
X-33 Total liabilities and net assetsStart of year $0$95,011
Part XI · Reconciliation of net assets −$913 net assets at year end
XI-1 Total revenue$611,900
XI-2 Total expenses$573,600
XI-3 Revenue less expenses$38,300
XI-4 Net assets at start of year−$2,213
XI-8 Prior period adjustments−$37,000
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$913

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.