Glass Recycling Foundation EIN 83-1755733 Form 990 (PDF) Claim this org

Glass Recycling Foundation FY2022 filing

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Promotes environmental preservation by recycling glass through education and pilot programs. For fiscal year 2022 it reported $330K in revenue, $216K in expenses, and $343K in net assets.Pt I

Type
Public charity (501(c)(3)) · Environment
Location
Ann Arbor, MI
Website
www.glassrecyclingfoundation.org
Filings
4 on file (2021–2022)
Revenue
$330KFY2022
Expenses
$216K
Net assets
$343K
People
11
Filings
4
Updates
0
More identity details & actions ⌄
EIN  83-1755733 Public charity (501(c)(3)) Ann Arbor, MI
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Promotes environmental preservation by recycling glass through education and pilot programs.
Leadership
Scott Defife · President
Money in and out
$330K revenue, $216K expenses
Bottom line
63% program efficiency
Where the money goes · FY2022
Total revenue
$330K
Pt VIII · Ln 12
Total expenses
$216K
Pt IX · Ln 25
Net assets
$343K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $114K
Where spending went · Part IX cols B–D
Program services $0.63 Management & general $0.37 Fundraising $0.00
Program efficiency
63%
of spending reaches programs
Operating runway
19.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+35%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$330K
FY2022▲ +22%
Expenses
$216K
FY2022▲ +119%
Total assets
$343K
FY2022▲ +50%
Total liabilities
$0
FY2022
Total revenue
$330K
Pt VIII · Ln 12
Total expenses
$216K
Pt IX · Ln 25
Net assets
$343K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$114K
Total assetsPt X · Ln 16$343K
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $136K of program spending, described in the organization's own filed words · FY2022.
01

In 2022, the GRF provided glass recycling grants and pilot program support in these areas across the country: erie county, pa; pitt county, NC; moore county, NC; village of pinehurst, NC; stillwater, ok; and cleveland heights, oh.

$136Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGlass Recycling Foundation
EINHdr · item D83-1755733
Principal addressHdr · item CAnn Arbor, MI
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C27)
Ruling yearIRS BMFMar 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$330K
Total revenueLn 12$330K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.37 Fundraising $0.00
Program services63%$136K
Management & general37%$79K
Fundraising$155
Total functional expensesLn 25$216K

Balance Sheet

Part X · end of year
CashLn 1$343K
Total assetsLn 16$343K
Total liabilitiesLn 26$0
Total net assetsLn 32$343K
Months of cash on handcomputed19.1

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $343K · Operating expenses/yr $216K
19.1 months
Where the money goes
Program services
Program services $136K · Total expenses $216K
63%
Management & General
Management & general $79K · Total expenses $216K
37%
Fundraising
Fundraising $155 · Total expenses $216K
0.07%
Cost to raise $1
Fundraising expense (2-yr avg) $682 · Solicited contributions (2-yr avg) $165K
$0.00 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $330K · Total revenue $330K
100%
Government reliance
Government grants — · Total revenue $330K
Earned-income share
Program service revenue $0 · Total revenue $330K
0%
Investment reliance
Investment income $0 · Total revenue $330K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $216K
0%
Growth & trend
Revenue growth (YoY)
This year $330K · Prior year $271K
+22%
Net-asset trend (YoY)
End of year $343K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $330K · Expenses $216K
+35%
Liabilities-to-Assets
Total liabilities — · Total assets $343K
Net-asset ratio
Net assets $343K · Total assets $343K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $343K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Scott Defife · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $216K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $216K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 63%
Overhead ratio 37%
Fundraising cost ratio 0.05%
Revenue growth 22%
Legal fee ratio 0.1%
Accounting fee ratio 0.8%

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.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$20K
Grants paid · 14 grants · $159K · 2021–2024
City of TempleFY2024$18,510
County of PittFY2024$18,000
Keep Waco Beautiful INCNJ · FY2024$10,000
City of OmahaFY2024$9,294
Bottle Underground INCPA · FY2023$18,024
County of MooreFY2023$11,816
Village of PinehurstFY2023$6,000
City of Fairfax VirginiaFY2023$6,000
Justice Industries INCTN · FY2023$5,703
The City of Stillwater OklahomaFY2022$9,080
Repeat GlassFY2022$6,823
Prism Glass RecyclingFY2021$10,000

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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)$173K revenue · ⤓ 990 PDF
FY2023$142K revenue · ⤓ 990 PDF
FY2022$330K revenue · viewing · ⤓ 990 PDF
FY2021$271K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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