Infinity Recycling INC: Nonprofit Profile, Financials & Form 990 (EIN 52-1625681)

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2021.

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

Where the money goes

100 cents of each dollar spent went to programs.

100%

Program services 100% · $655K Management & general 0% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII

R Ford Schumann

President

$0Pt VII · Sec A

Marilee Schumann

Secretary

$0Pt VII · Sec A

See Infinity Recycling INC 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 2Yes
Top official's pay set by an independent reviewPt VI · Ln 15aNo
Loans to or from officersSch L · Pt II1 listed

Programs and updates

Educates communities about recycling issues and services.

Questions for Infinity Recycling INC

Tap to ask. Infinity Recycling INC sees how many people are interested.

Your first name shows with your question. Infinity Recycling INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $655K · in their own filed words · FY2020

01

Promoting and Providing Community Recycling Services

$655Kprogram expense

By the numbers

The FY2021 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$646K

Ln 12

Gifts and grantsLn 1h$340K

Fees for servicesLn 2g$306K

Other incomeLn 4–11$35

Money outPt IX

$657K

Ln 25

Programscol B$655K

Managementcol C$2K

Owns and owesPt X

−$259K

net assets · Ln 32

Cash and savingsLn 1–2$24K

Total assetsLn 16$45K

LiabilitiesLn 26$305K

PeoplePt VI, VII

2

listed · VII A

PaidVII A0

Voting boardVI 1a2

IndependentVI 1b0

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$340K

Fees for servicesLn 2g$306K

Investment incomeLn 3$9

Other incomeLn 4–11$35

Total revenueLn 12$646K

Assets in detailPt X, end of year

CashLn 1$5K

SavingsLn 2$19K

Cash and savings togetherLn 1–2$24K

Land, buildings, equipmentLn 10c$21K

Other assetsLn 15$0

Total assetsLn 16$45K

LiabilitiesLn 26$305K

Net assetsLn 32−$259K

OperationsPt I, VI

EmployeesI 59

VolunteersI 60

Fiscal year endsHeaderJune

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY21	End FY21
Cash and savingsLn 1–2	$4K	$24K
Land, buildings, equipmentLn 10c	$25K	$21K
Total assetsLn 16	$31K	$45K
LiabilitiesLn 26	$268K	$305K
Net assetsLn 32	−$237K	−$259K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Other salaries and wagesLn 7	$242K	$242K	$0	$0
Other employee benefitsLn 9	$47K	$47K	$0	$0
Payroll taxesLn 10	$17K	$17K	$0	$0
Accounting feesLn 11c	$2K	$0	$2K	$0
Advertising and promotionLn 12	$853	$853	$0	$0
Office expensesLn 13	$16K	$16K	$0	$0
Information technologyLn 14	$2K	$2K	$0	$0
OccupancyLn 16	$7K	$7K	$0	$0
TravelLn 17	$3K	$3K	$0	$0
Depreciation, depletion and amortizationLn 22	$145K	$145K	$0	$0
InsuranceLn 23	$49K	$49K	$0	$0
Other expenses (24a–d)Ln 24	$126K	$126K	$0	$0
Total functional expensesLn 25	$657K	$655K	$2K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2021 Latest ViewingFiled with the IRS Nov 14, 2021	$646K	$657K	−$10K	−$259K	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 FY2021 990 (6 parts)

Part I · Summary $646,113 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $183,410$339,597

I-9 Program service revenuePrior year $290,021$306,472

I-10 Investment incomePrior year $1$9

I-11 Other revenue$35

I-12 Total revenuePrior year $473,432$646,113

I-13 Grants and similar amounts paid$0

I-14 Benefits paid to members$0

I-15 Salaries and benefitsPrior year $312,752$305,997

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $209,365$350,600

I-18 Total expensesPrior year $522,117$656,597

I-19 Revenue less expensesPrior year −$48,685−$10,484

Part VI · Governance 0 of 2 board members independent, 5 to look at

VI-1a Voting members of the governing body2

VI-1b Independent voting members0

VI-2 Family or business relationship among officers or directorsYes

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

Part VIII · Statement of revenue $646,113 across 6 lines filed

VIII-1f All other contributions, gifts and grants$339,597

VIII-1h Total contributions, gifts and grants$339,597

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$306,472

VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$9

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $35 · Unrelated business $0 · Excluded from tax $0$35

VIII-12 Total revenueRelated to mission $306,516 · Unrelated business $0 · Excluded from tax $0$646,113

Part IX · Statement of functional expenses $656,597 across 12 lines filed

IX-7 Other salaries and wagesPrograms $241,794 · Management $0 · Fundraising $0$241,794

IX-9 Other employee benefitsPrograms $47,095 · Management $0 · Fundraising $0$47,095

IX-10 Payroll taxesPrograms $17,108 · Management $0 · Fundraising $0$17,108

IX-11c Accounting feesPrograms $0 · Management $1,784 · Fundraising $0$1,784

IX-12 Advertising and promotionPrograms $853 · Management $0 · Fundraising $0$853

IX-13 Office expensesPrograms $16,322 · Management $0 · Fundraising $0$16,322

IX-14 Information technologyPrograms $1,630 · Management $0 · Fundraising $0$1,630

IX-16 OccupancyPrograms $6,751 · Management $0 · Fundraising $0$6,751

IX-17 TravelPrograms $3,321 · Management $0 · Fundraising $0$3,321

IX-22 Depreciation, depletion and amortizationPrograms $144,897 · Management $0 · Fundraising $0$144,897

IX-23 InsurancePrograms $48,808 · Management $0 · Fundraising $0$48,808

IX-24 Other expenses (24a–d)Programs $126,234 · Management $0 · Fundraising $0$126,234

IX-25 Total functional expensesPrograms $654,813 · Management $1,784 · Fundraising $0$656,597

Part X · Balance sheet $45,366 assets, 12 lines filed

Asset lines not itemized here account for $2,166; see the IRS return.

X-1 Cash, non-interest-bearingStart of year $3,523$5,164

X-2 Savings and temporary cash investmentsStart of year $501$18,631

X-4 Accounts receivableStart of year −$979−$1,578

X-10c Land, buildings and equipment, netStart of year $24,723$20,983

X-15 Other assetsStart of year $1,741$0

X-16 Total assetsStart of year $30,611$45,366

X-17 Accounts payable and accrued expensesStart of year $947$3,086

X-25 Other liabilitiesStart of year $110,739$135,160

X-26 Total liabilitiesStart of year $268,049$304,646

X-27 Net assets without donor restrictionsStart of year −$237,438−$259,280

X-32 Total net assets or fund balancesStart of year −$237,438−$259,280

X-33 Total liabilities and net assetsStart of year $30,611$45,366

Part XI · Reconciliation of net assets −$259,280 net assets at year end

XI-1 Total revenue$646,113

XI-2 Total expenses$656,597

XI-3 Revenue less expenses−$10,484

XI-4 Net assets at start of year−$237,438

XI-10 Net assets at end of year−$259,280

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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