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

Glass Recycling Foundation FY2023 filing

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Promotes environmental preservation by recycling glass through education and pilot programs. For fiscal year 2023 it reported $142K in revenue, $92K in expenses, and $393K in net assets.Pt I

Type
Public charity (501(c)(3)) · Environment
Location
Ann Arbor, MI
Website
www.glassrecyclingfoundation.org
Filings
4 on file (2021–2023)
Revenue
$142KFY2023
Expenses
$92K
Net assets
$393K
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 FY2023 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
$142K revenue, $92K expenses
Bottom line
51% program efficiency
Where the money goes · FY2023
Total revenue
$142K
Pt VIII · Ln 12
Total expenses
$92K
Pt IX · Ln 25
Net assets
$393K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $50K
Where spending went · Part IX cols B–D
Program services $0.51 Management & general $0.49
Program efficiency
51%
of spending reaches programs
Operating runway
51.1mo
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 2023 · Form 990
Revenue
$142K
FY2023▼ -57%
Expenses
$92K
FY2023▼ -57%
Total assets
$393K
FY2023▲ +14%
Total liabilities
$0
FY2023
Total revenue
$142K
Pt VIII · Ln 12
Total expenses
$92K
Pt IX · Ln 25
Net assets
$393K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$50K
Total assetsPt X · Ln 16$393K
Program-expense ratioPt IX · col B51%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

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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Mission & Programs · Part III

Where the work happens

1 program service account for $48K of program spending, described in the organization's own filed words · FY2023.
01

In 2023, the GRF provided glass recycling grants and support projects in these areas across the country: stillwater, ok; pinehurst, NC; moore county, NC; pitt county, NC; erie county, NC; fairfax, va; justice industries in TN; bottle underground in pa.

$48Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$142K
Total revenueLn 12$142K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.51 Management & general $0.49
Program services51%$48K
Management & general49%$45K
Total functional expensesLn 25$92K

Balance Sheet

Part X · end of year
CashLn 1$393K
Total assetsLn 16$393K
Total liabilitiesLn 26$0
Total net assetsLn 32$393K
Months of cash on handcomputed51.1

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $393K · Operating expenses/yr $92K
51.1 months
Where the money goes
Program services
Program services $48K · Total expenses $92K
51%
Management & General
Management & general $45K · Total expenses $92K
49%
Fundraising
Fundraising $0 · Total expenses $92K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $454 · Solicited contributions (3-yr avg) $157K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $142K · Total revenue $142K
100%
Government reliance
Government grants — · Total revenue $142K
Earned-income share
Program service revenue $0 · Total revenue $142K
0%
Investment reliance
Investment income $0 · Total revenue $142K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $92K
0%
Growth & trend
Revenue growth (YoY)
This year $142K · Prior year $330K
-57%
Net-asset trend (YoY)
End of year $393K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $142K · Expenses $92K
+35%
Liabilities-to-Assets
Total liabilities — · Total assets $393K
Net-asset ratio
Net assets $393K · Total assets $393K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $393K
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 $92K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $92K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 51%
Overhead ratio 49%
Fundraising cost ratio 0%
Revenue growth -57%
Legal fee ratio 0.7%
Accounting fee ratio 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.

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 · viewing · ⤓ 990 PDF
FY2022$330K revenue · ⤓ 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) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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