Pallet Foundation FY2022 filing
Promotes wood packaging safety and education, supporting industry research and end-user awareness. For fiscal year 2022 it reported $589K in revenue, $353K in expenses, and $2.5M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Science & Technology
- Location
- Alexandria, VA
- Filings
- 5 on file (2020–2022)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Where the work happens
The Foundation continues to fund research with Virginia Tech University to investigate the effect of Plastic Paids and Drums on compression stresses on the top surface of wooden pallets.
Natures Packaging is a campaign designed to promote the benefits of wood packaging. It will supply research and analytical support to gather environmental facts and figures on issues such as life cycle analysis, forest sustainability, certification and wood recycling programs.
The Pallet & Containier Lab located at Virginia Tech University continues to provide testing research on various types of pallets and wood species. In addition, Simulation testing was used to test the longevity of the Pallet, which goes into the equation to calculate the environmental impact.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 58% | — | — |
| Overhead ratio | 41% | — | — |
| Fundraising cost ratio | 0.6% | — | — |
| Revenue growth | -18% | — | — |
| Legal fee ratio | 1.0% | — | — |
| Accounting fee ratio | 0.7% | — | — |
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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