Pipeline Safety Trust

Tax-deductible

Bellingham, WA501(c)(3)EnvironmentEIN 56-2369975Revenue $1.5M in FY2025

On file with the IRSpstrust.org1812 Cornwall Ave Ste 200, 98225-4615 · Bellingham, WATax-exempt since Dec 2003Publicly supported charity — 170(b)(1)(A)(vi)

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Policy and educational initiatives aimed at improving community Safety,(see sched. O)protecting the environment, and facilitating productive dialog among citizen advocates, regulators, and the industry.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
Run by 8 volunteers and 6 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $83K a year · 8% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$226K
to officers and key staff · 14% of spending
Top officer’s pay lower than 56% of similar orgs
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $180K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$299K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
+4% vs prior year
Spent
$1.6M
To programs
90%
Net assets
$5.5M
By yearFY2021–FY2025
Revenue
$1.5M
FY2025▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2021$261K
FY2022$1.2M
FY2023$1.1M
FY2024$1.4M
FY2025$1.5M
Expenses
$1.6M
FY2025▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2021$346K
FY2022$538K
FY2023$1.1M
FY2024$1.5M
FY2025$1.6M
Net assets
$5.5M
FY2025▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2021$5.3M
FY2022$5.1M
FY2023$4.9M
FY2024$5.7M
FY2025$5.5M

From the FY2025 Form 990 (year ending March 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2003.

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

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $1.5M Management & general 9% · $144K Fundraising 1% · $20K

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

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Who runs it and what they're paid

9 people listed on the 990; $226K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$119,311Pt VII · Sec A
Policy Director and Counse
$106,468Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Bill Caram’s $119K as Executive Director is at the 44th percentile of top reported officer pay among 1851 $1–10M 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 · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Bill Caram$119,311$115,263$109,773$93,730$59,089
Erin Sutherland Thompson$106,468————
Erin Sutherland—$103,655———
Carl Weimer————$57,204

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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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 15aYes

Programs and updates

Improves community safety, protects the environment, and fosters dialogue between advocates, regulators, and industry.

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Provided by the organization

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1 program · $1.5M · in their own filed words · FY2024
01

The pipeline safety trust advances its mission by enhancing public access to information and fostering partnerships among residents, safety advocates, government entities, and industry stakeholders.

$1.5Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$180K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Gifts and grantsLn 1h$1.3M
Investment incomeLn 3$116K
Fees for servicesLn 2g$74K
Money outPt IX
$1.6M
Ln 25
Programscol B$1.5M
Managementcol C$144K
Fundraisingcol D$20K
Owns and owesPt X
$5.5M
net assets · Ln 32
Cash and savingsLn 1–2$357K
Total assetsLn 16$5.8M
LiabilitiesLn 26$299K
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Government grantsLn 1e$1.0M
Noncash giftsLn 1g$200
Fees for servicesLn 2g$74K
Investment incomeLn 3$116K
Gains on assetsLn 7$9K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$296K
SavingsLn 2$61K
Cash and savings togetherLn 1–2$357K
InvestmentsLn 11–13$5.4M
Other assetsLn 15$52K
Total assetsLn 16$5.8M
LiabilitiesLn 26$299K
Net assetsLn 32$5.5M
OperationsPt I, VI
EmployeesI 56
VolunteersI 68
Fiscal year endsHeaderMarch
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 FY25End FY25
Cash and savingsLn 1–2$322K$357K
InvestmentsLn 11–13$5.5M$5.4M
Total assetsLn 16$6.0M$5.8M
LiabilitiesLn 26$351K$299K
Net assetsLn 32$5.7M$5.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$143K$133K$7K$3K
Other salaries and wagesLn 7$634K$590K$32K$13K
Pension plan contributionsLn 8$25K$23K$1K$502
Other employee benefitsLn 9$56K$52K$3K$1K
Payroll taxesLn 10$67K$62K$3K$1K
Legal feesLn 11b$5K$4K$976
Accounting feesLn 11c$37K$29K$7K
Investment management feesLn 11f$28K$28K
Other fees for servicesLn 11g$248K$198K$50K
Office expensesLn 13$14K$14K$724$236
Information technologyLn 14$11K$11K$561
OccupancyLn 16$56K$52K$3K$1K
TravelLn 17$124K$117K$6K
Conferences, conventions and meetingsLn 19$142K$142K
InsuranceLn 23$3K$3K$169$68
Other expenses (24a–d)Ln 24$32K$30K$1K$547
Total functional expensesLn 25$1.6M$1.5M$144K$20K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.5M$1.6M−$170K$5.5M 990 PDF
FY2024 $1.4M$1.5M−$50K$5.7M 990 PDF
FY2023 $1.1M$1.1M$10K$4.9M 990 PDF
FY2022 $1.2M$538K$710K$5.1M 990 PDF
FY2021 $261K$346K−$85K$5.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $1,454,366 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,140,652$1,264,639
I-9 Program service revenuePrior year $79,863$74,022
I-10 Investment incomePrior year $182,371$115,705
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,402,886$1,454,366
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 $804,053$925,089
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $649,060$699,572
I-18 Total expensesPrior year $1,453,113$1,624,661
I-19 Revenue less expensesPrior year −$50,227−$170,295
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,454,366 across 8 lines filed
VIII-1e Government grants$1,036,877
VIII-1f All other contributions, gifts and grants$227,762
VIII-1g Noncash contributions (included above)$200
VIII-1h Total contributions, gifts and grants$1,264,639
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $74,022$74,022
VIII-3 Investment incomeExcluded from tax $106,485$106,485
VIII-7 Net gain or loss on sales of assetsExcluded from tax $9,220$9,220
VIII-12 Total revenueRelated to mission $74,022 · Unrelated business $0 · Excluded from tax $115,705$1,454,366
Part IX · Statement of functional expenses $1,624,661 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $132,565 · Management $7,127 · Fundraising $2,851$142,543
IX-7 Other salaries and wagesPrograms $589,754 · Management $31,707 · Fundraising $12,683$634,144
IX-8 Pension plan contributionsPrograms $23,362 · Management $1,256 · Fundraising $502$25,120
IX-9 Other employee benefitsPrograms $52,348 · Management $2,814 · Fundraising $1,126$56,288
IX-10 Payroll taxesPrograms $62,304 · Management $3,350 · Fundraising $1,340$66,994
IX-11b Legal feesPrograms $3,904 · Management $976$4,880
IX-11c Accounting feesPrograms $29,328 · Management $7,332$36,660
IX-11f Investment management feesManagement $28,254$28,254
IX-11g Other fees for servicesPrograms $198,281 · Management $49,570$247,851
IX-13 Office expensesPrograms $13,527 · Management $724 · Fundraising $236$14,487
IX-14 Information technologyPrograms $10,650 · Management $561$11,211
IX-16 OccupancyPrograms $51,710 · Management $2,780 · Fundraising $1,112$55,602
IX-17 TravelPrograms $117,394 · Management $6,179$123,573
IX-19 Conferences, conventions and meetingsPrograms $141,979$141,979
IX-23 InsurancePrograms $3,139 · Management $169 · Fundraising $68$3,376
IX-24 Other expenses (24a–d)Programs $29,686 · Management $1,466 · Fundraising $547$31,699
IX-25 Total functional expensesPrograms $1,459,931 · Management $144,265 · Fundraising $20,465$1,624,661
Part X · Balance sheet $5,839,247 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $260,754$295,725
X-2 Savings and temporary cash investmentsStart of year $61,082$61,448
X-11 Publicly traded securitiesStart of year $5,462,360$5,429,753
X-15 Other assetsStart of year $92,635$52,321
X-16 Total assetsStart of year $6,049,733$5,839,247
X-17 Accounts payable and accrued expensesStart of year $87,574$63,333
X-19 Deferred revenueStart of year $171,977$184,383
X-25 Other liabilitiesStart of year $91,850$51,254
X-26 Total liabilitiesStart of year $351,401$298,970
X-27 Net assets without donor restrictionsStart of year $1,648,332$1,490,277
X-28 Net assets with donor restrictionsStart of year $4,050,000$4,050,000
X-32 Total net assets or fund balancesStart of year $5,698,332$5,540,277
X-33 Total liabilities and net assetsStart of year $6,049,733$5,839,247
Part XI · Reconciliation of net assets $5,540,277 net assets at year end
XI-1 Total revenue$1,454,366
XI-2 Total expenses$1,624,661
XI-3 Revenue less expenses−$170,295
XI-4 Net assets at start of year$5,698,332
XI-5 Net unrealized gains (losses) on investments$12,240
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,540,277

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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