Paintcare INC EIN 27-1354262 Form 990 (PDF) Claim this org

Paintcare INC

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Manages reuse, recycling, and proper disposal of unused architectural paint. For fiscal year 2024 it reported $84.7M in revenue, $85.9M in expenses, and $79.2M in net assets.Pt I

Founded
2009
Type
Public charity (501(c)(3)) · Environment
Location
Washington, DC
Website
www.paintcare.org
Filings
5 on file (2020–2024)
Revenue
$84.7MFY2024
Expenses
$85.9M
Net assets
$79.2M
People
19
Filings
5
Updates
0
More identity details & actions ⌄
EIN  27-1354262 Public charity (501(c)(3)) Washington, DC Founded 2009
Form 990 (PDF)
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Figures match the IRS filing checked 7/7/26 · see original: IRS
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Size
$10–100M
What they do
Manages reuse, recycling, and proper disposal of unused architectural paint.
Leadership
Marjaneh Zarrehparvar · President/COO · $323K
Money in and out
$84.7M revenue, $85.9M expenses
Bottom line
90% program efficiency
Where the money goes · FY2024
Total revenue
$84.7M
Pt VIII · Ln 12
Total expenses
$85.9M
Pt IX · Ln 25
Net assets
$79.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$1.2M
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.10
Program efficiency
90%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
12.2mo
months of highly liquid reserves at operating expense rate▼ -8% vs prior filing year
Surplus margin
-1%
revenue over expenses, this year▲ +80% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$84.7M
FY2024▲ +7%
Expenses
$85.9M
FY2024▲ +2%
Total assets
$93.5M
FY2024▼ -5%
Total liabilities
$14.4M
FY2024▼ -9%
Total revenue
$84.7M
Pt VIII · Ln 12
Total expenses
$85.9M
Pt IX · Ln 25
Net assets
$79.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$1.2M
Total assetsPt X · Ln 16$93.5M
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $51.0M of program spending, described in the organization's own filed words · FY2024.
01

California (ca) Program

The second state in the U.S. to enact model, industry supported, paint stewardship legislation. The program is responsible for environmentally responsible end-of-life management for leftover architectural paint and offers opportunities to relieve local and state governments of the economic burden of post-consumer paint management.

$33.4Mprogram expense
02

New York (ny) Program

The tenth state in the U.S. to enact model, industry supported, paint stewardship legislation. The program is responsible for environmentally responsible end-of-life management for leftover architectural paint and offers opportunities to relieve local and state governments of the economic burden of post-consumer paint management.

$9.9Mprogram expense
03

Washington (wa) Program

The ninth state in the U.S. to enact model, industry supported, paint stewardship legislation. The program is responsible for environmentally responsible end-of-life management for leftover architectural paint and offers opportunities to relieve local and state governments of the economic burden of post-consumer paint management.

$7.7Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPaintcare INC
EINHdr · item D27-1354262
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jwww.paintcare.org
Year of formationHdr · item L2009
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C27)
Ruling yearIRS BMFSep 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$322,512Pt VII · Sec A
Director, Special Projects
$217,173Pt VII · Sec A
Director of Operations
$201,185Pt VII · Sec A
Associate General Counsel
$199,618Pt VII · Sec A
Aca President & CEO
$196,273Pt VII · Sec A
Director State Projects
$178,936Pt VII · Sec A
SVP, Gc, and Corp Secretary
$150,198Pt VII · Sec A
SVP of Government Affairs
$141,615Pt VII · Sec A

Marjaneh Zarrehparvar’s $323K as President/COO is at the 70th percentile of top reported officer pay among 324 $10–100M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Marjaneh Zarrehparvar$322,512$302,933$273,199$250,658$227,610
J Andrew Doyle$227,658$225,807$158,578$212,424
Paul Fresina$217,173$187,500$185,704$174,704$168,959
Fred Gabriel$201,185$185,750$179,855$172,404$165,355
Melissa Gibbons$199,618$182,237$41,508
James Andrew Doyle$196,273
Jeffrey Wasikowski$150,198$192,552$179,153$158,287$180,678
Nichole Dorr$178,936$153,660

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$77.9M · 92%
Investment income$6.8M · 8%
Program service revenue92%$77.9M
Investment income8%$6.8M
Total revenueLn 12$84.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.10
Program services90%$77.1M
Management & general10%$8.9M
Total functional expensesLn 25$85.9M

Balance Sheet

Part X · end of year
CashLn 1$22.9M
Total assetsLn 16$93.5M
Total liabilitiesLn 26$14.4M
Total net assetsLn 32$79.2M
Months of cash on handcomputed3.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $87.5M · Operating expenses/yr $85.9M
12.2 months
Where the money goes
Program services
Program services $77.1M · Total expenses $85.9M
90%
Management & General
Management & general $8.9M · Total expenses $85.9M
10%
Fundraising
Fundraising $0 · Total expenses $85.9M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $84.7M
0%
Government reliance
Government grants — · Total revenue $84.7M
Earned-income share
Program service revenue $77.9M · Total revenue $84.7M
92%
Investment reliance
Investment income $6.8M · Total revenue $84.7M
+8%
Program self-sufficiency
Program service revenue $77.9M · Total expenses $85.9M
91%
Growth & trend
Revenue growth (YoY)
This year $84.7M · Prior year $78.8M
+7%
Revenue CAGR
FY2019 $66.3M · FY2024 $84.7M
+5%
Net-asset trend (YoY)
End of year $79.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $84.7M · Expenses $85.9M
-1%
Liabilities-to-Assets
Total liabilities — · Total assets $93.5M
Net-asset ratio
Net assets $79.2M · Total assets $93.5M
85%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $64.6M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $93.5M
69%
People & payroll
Highest Reported Total Compensation
Individual Marjaneh Zarrehparvar · Reported title President/COO · Highest reported compensation $323K · Total expenses $85.9M
0.4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $9.2M · Total expenses $85.9M
11%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 10%
Revenue growth 7%
Investment management fee ratio 0.2%
Legal fee ratio 0.5%
Accounting fee ratio 0.1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$84.7M revenue · viewing · ⤓ 990 PDF
FY2023$78.8M revenue · ⤓ 990 PDF
FY2022$79.6M revenue · ⤓ 990 PDF
FY2021$75.0M revenue · ⤓ 990 PDF
FY2020$66.3M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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