Pact Collective FY2023 filing

Tax-deductible

Evergreen, CO501(c)(3)Since 2021EnvironmentEIN 87-3934398Revenue $604K in FY2023

On file with the IRSpactcollective.org5805 Herzman Dr, 80439-5458 · Evergreen, COTax-exempt since Jul 2022Publicly supported — 509(a)(2)

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To unite the beauty industry to take responsibility for our packaging waste and work collaboratively toward circular packaging solutions.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$128K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · 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
3 of 4
filings with a surplus
Average surplus $184K a year · 12% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$128K
to officers and key staff · 22% of spending
Worth a look: pay to officers and key staff is 22% of spending; over 20%.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$241K
151% of total assets
Concern: liabilities are 151% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$604K
+103% vs prior year
Spent
$596K
To programs
81%
Net assets
−$81K
By yearFY2022–FY2025
Revenue
$604K
FY2023▲ +103%
Tap a bar for its year
Revenue by fiscal year
FY2022$298K
FY2023$604K
FY2024$2.8M
FY2025$2.6M
Expenses
$596K
FY2023▲ +54%
Tap a bar for its year
Expenses by fiscal year
FY2022$387K
FY2023$596K
FY2024$2.5M
FY2025$2.1M
Net assets
−$81K
FY2023▲ +9%
Tap a bar for its year
Net assets by fiscal year
FY2022−$89K
FY2023−$81K
FY2024$224K
FY2025$730K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2022.

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

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $485K Management & general 14% · $83K Fundraising 5% · $28K

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

7 people listed on the 990; $128K paid to officers and key staff.

Part VII, Section A · reportable compensation
Program Dire
$128,333Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Catherine Snider’s $150K as Program Dire is at the 64th 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022
Catherine Snider$150,108$168,750$128,333$91,667

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.

See Pact Collective executive salaries →

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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 15aNo

Programs and updates

Unites the beauty industry to create circular packaging solutions and reduce waste.

Provided by the organization

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1 program · $485K · in their own filed words · FY2023
01

Pact collective now has 158 members who are dedicated to ending beauty packaging waste. This year, we've achieved a lot, including increasing our programming by more than 50% and collecting around 73,000 pounds of difficult-to-recycle materials.

$485Kprogram 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 · FY2022
Total grants receivedfrom 1 funder$50K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$604K
Ln 12
Fees for servicesLn 2g$399K
Gifts and grantsLn 1h$205K
Other incomeLn 4–11$254
Money outPt IX
$596K
Ln 25
Programscol B$485K
Managementcol C$83K
Fundraisingcol D$28K
Owns and owesPt X
−$81K
net assets · Ln 32
Cash and savingsLn 1–2$54K
Total assetsLn 16$160K
LiabilitiesLn 26$241K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$205K
Fees for servicesLn 2g$399K
Other incomeLn 4–11$254
Total revenueLn 12$604K
Assets in detailPt X, end of year
CashLn 1$54K
Cash and savings togetherLn 1–2$54K
Total assetsLn 16$160K
LiabilitiesLn 26$241K
Net assetsLn 32−$81K
OperationsPt I, VI
EmployeesI 55
Fiscal year endsHeaderDecember
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 FY23End FY23
Cash and savingsLn 1–2$57K$54K
Total assetsLn 16$143K$160K
LiabilitiesLn 26$232K$241K
Net assetsLn 32−$89K−$81K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$120K$72K$24K$24K
Payroll taxesLn 10$10K$6K$2K$2K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$43K$43K
Other fees for servicesLn 11g$121K$121K
Advertising and promotionLn 12$843$632$211
Office expensesLn 13$11K$5K$6K$361
Information technologyLn 14$31K$29K$1K$1K
TravelLn 17$4K$4K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$233K$233K
All other expensesLn 24e$14K$14K
Total functional expensesLn 25$596K$485K$83K$28K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.6M$2.1M$512K$730K 990 PDF
FY2024 $2.8M$2.5M$305K$224K 990 PDF
FY2023 Viewing $604K$596K$8K−$81K 990 PDF
FY2022 $298K$387K−$89K−$89K 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 FY2023 990 (6 parts)
Part I · Summary $604,092 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $110,039$205,024
I-9 Program service revenuePrior year $188,213$398,814
I-10 Investment income$0
I-11 Other revenue$254
I-12 Total revenuePrior year $298,252$604,092
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $100,714$130,044
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $286,753$465,797
I-18 Total expensesPrior year $387,467$595,841
I-19 Revenue less expensesPrior year −$89,215$8,251
Part VI · Governance 6 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-15a Process for setting top official's payNo
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
Part VIII · Statement of revenue $604,092 across 5 lines filed
VIII-1b Membership dues$205,024
VIII-1h Total contributions, gifts and grants$205,024
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $398,814$398,814
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $254$254
VIII-12 Total revenueRelated to mission $399,068$604,092
Part IX · Statement of functional expenses $595,841 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $72,000 · Management $24,000 · Fundraising $24,000$120,000
IX-10 Payroll taxesPrograms $6,028 · Management $2,008 · Fundraising $2,008$10,044
IX-11b Legal feesManagement $3,012$3,012
IX-11c Accounting feesManagement $43,400$43,400
IX-11g Other fees for servicesPrograms $121,325$121,325
IX-12 Advertising and promotionPrograms $632 · Fundraising $211$843
IX-13 Office expensesPrograms $5,144 · Management $5,756 · Fundraising $361$11,261
IX-14 Information technologyPrograms $28,587 · Management $1,264 · Fundraising $1,264$31,115
IX-17 TravelPrograms $3,948$3,948
IX-23 InsuranceManagement $3,737$3,737
IX-24 Other expenses (24a–d)Programs $232,992$232,992
IX-24e All other expensesPrograms $14,164$14,164
IX-25 Total functional expensesPrograms $484,820 · Management $83,177 · Fundraising $27,844$595,841
Part X · Balance sheet $160,048 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $57,308$54,273
X-4 Accounts receivableStart of year $68,756$103,363
X-9 Prepaid expenses and deferred chargesStart of year $16,494$2,412
X-16 Total assetsStart of year $142,558$160,048
X-17 Accounts payable and accrued expensesStart of year $29,568$32,525
X-19 Deferred revenueStart of year $151,617$172,958
X-24 Unsecured notes and loans payableStart of year $50,588$35,529
X-26 Total liabilitiesStart of year $231,773$241,012
X-27 Net assets without donor restrictionsStart of year −$89,215−$80,964
X-32 Total net assets or fund balancesStart of year −$89,215−$80,964
X-33 Total liabilities and net assetsStart of year $142,558$160,048
Part XI · Reconciliation of net assets −$80,964 net assets at year end
XI-1 Total revenue$604,092
XI-2 Total expenses$595,841
XI-3 Revenue less expenses$8,251
XI-4 Net assets at start of year−$89,215
XI-10 Net assets at end of year−$80,964

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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