Pact Collective FY2024 filing

Tax-deductible

Evergreen, CO501(c)(3)Since 2021EnvironmentEIN 87-3934398Revenue $2.8M in FY2024

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.
89¢ of each $1 spent went to programs.
$169K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2024 · 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
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$169K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
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
$326K
59% of total assets
Fine: liabilities are 59% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.8M
+363% vs prior year
Spent
$2.5M
To programs
89%
Net assets
$224K
By yearFY2022–FY2025
Revenue
$2.8M
FY2024▲ +363%
Tap a bar for its year
Revenue by fiscal year
FY2022$298K
FY2023$604K
FY2024$2.8M
FY2025$2.6M
Expenses
$2.5M
FY2024▲ +318%
Tap a bar for its year
Expenses by fiscal year
FY2022$387K
FY2023$596K
FY2024$2.5M
FY2025$2.1M
Net assets
$224K
FY2024▲ +377%
Tap a bar for its year
Net assets by fiscal year
FY2022−$89K
FY2023−$81K
FY2024$224K
FY2025$730K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 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

89 cents of each dollar spent went to programs.

Program services 89% · $2.2M Management & general 6% · $159K Fundraising 4% · $104K

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

6 people listed on the 990; $169K paid to officers and key staff.

Part VII, Section A · reportable compensation
Program Dire
$168,750Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$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 15aYes

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 · $2.2M · in their own filed words · FY2024
01

Pact has welcomed 158 members committed to eliminating beauty packaging waste. This year, we collected 227,600 pounds of hard-to-recycle beauty packaging, which represents a twofold increase from 2023.

$2.2Mprogram 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 FY2024 990, line by line.

1The main four
Money inPt VIII
$2.8M
Ln 12
Fees for servicesLn 2g$1.7M
Gifts and grantsLn 1h$1.1M
Other incomeLn 4–11$1K
Money outPt IX
$2.5M
Ln 25
Programscol B$2.2M
Managementcol C$159K
Fundraisingcol D$104K
Owns and owesPt X
$224K
net assets · Ln 32
Cash and savingsLn 1–2$129K
Total assetsLn 16$550K
LiabilitiesLn 26$326K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Noncash giftsLn 1g$631K
Fees for servicesLn 2g$1.7M
Other incomeLn 4–11$1K
Total revenueLn 12$2.8M
Assets in detailPt X, end of year
CashLn 1$129K
Cash and savings togetherLn 1–2$129K
Other assetsLn 15$3K
Total assetsLn 16$550K
LiabilitiesLn 26$326K
Net assetsLn 32$224K
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 FY24End FY24
Cash and savingsLn 1–2$54K$129K
Total assetsLn 16$160K$550K
LiabilitiesLn 26$241K$326K
Net assetsLn 32−$81K$224K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$169K$101K$34K$34K
Other salaries and wagesLn 7$250K$150K$50K$50K
Payroll taxesLn 10$35K$21K$7K$7K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$50K$50K
Other fees for servicesLn 11g$32K$32K
Advertising and promotionLn 12$39K$29K$10K
Office expensesLn 13$17K$9K$7K$1K
Information technologyLn 14$14K$9K$2K$2K
TravelLn 17$24K$24K
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$1.9M$1.9M
Total functional expensesLn 25$2.5M$2.2M$159K$104K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.6M$2.1M$512K$730K 990 PDF
FY2024 Viewing $2.8M$2.5M$305K$224K 990 PDF
FY2023 $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 FY2024 990 (6 parts)
Part I · Summary $2,794,631 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $205,024$1,062,189
I-9 Program service revenuePrior year $398,814$1,731,396
I-10 Investment income$0
I-11 Other revenuePrior year $254$1,046
I-12 Total revenuePrior year $604,092$2,794,631
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $130,044$453,594
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $465,797$2,035,651
I-18 Total expensesPrior year $595,841$2,489,245
I-19 Revenue less expensesPrior year $8,251$305,386
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
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 $2,794,631 across 7 lines filed
VIII-1b Membership dues$278,296
VIII-1f All other contributions, gifts and grants$783,893
VIII-1g Noncash contributions (included above)$631,400
VIII-1h Total contributions, gifts and grants$1,062,189
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,731,396$1,731,396
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,046$1,046
VIII-12 Total revenueRelated to mission $1,732,442$2,794,631
Part IX · Statement of functional expenses $2,489,245 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $101,250 · Management $33,750 · Fundraising $33,750$168,750
IX-7 Other salaries and wagesPrograms $149,794 · Management $49,932 · Fundraising $49,932$249,658
IX-10 Payroll taxesPrograms $21,112 · Management $7,037 · Fundraising $7,037$35,186
IX-11b Legal feesManagement $2,682$2,682
IX-11c Accounting feesManagement $49,901$49,901
IX-11g Other fees for servicesPrograms $32,004$32,004
IX-12 Advertising and promotionPrograms $29,360 · Fundraising $9,787$39,147
IX-13 Office expensesPrograms $9,325 · Management $6,905 · Fundraising $1,240$17,470
IX-14 Information technologyPrograms $8,801 · Management $2,496 · Fundraising $2,496$13,793
IX-17 TravelPrograms $24,417$24,417
IX-23 InsuranceManagement $5,892$5,892
IX-24 Other expenses (24a–d)Programs $1,850,345$1,850,345
IX-25 Total functional expensesPrograms $2,226,408 · Management $158,595 · Fundraising $104,242$2,489,245
Part X · Balance sheet $550,441 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $54,273$128,833
X-4 Accounts receivableStart of year $103,363$403,538
X-9 Prepaid expenses and deferred chargesStart of year $2,412$14,961
X-15 Other assets$3,109
X-16 Total assetsStart of year $160,048$550,441
X-17 Accounts payable and accrued expensesStart of year $32,525$164,192
X-19 Deferred revenueStart of year $172,958$152,953
X-24 Unsecured notes and loans payableStart of year $35,529$8,874
X-26 Total liabilitiesStart of year $241,012$326,019
X-27 Net assets without donor restrictionsStart of year −$80,964$224,422
X-32 Total net assets or fund balancesStart of year −$80,964$224,422
X-33 Total liabilities and net assetsStart of year $160,048$550,441
Part XI · Reconciliation of net assets $224,422 net assets at year end
XI-1 Total revenue$2,794,631
XI-2 Total expenses$2,489,245
XI-3 Revenue less expenses$305,386
XI-4 Net assets at start of year−$80,964
XI-10 Net assets at end of year$224,422

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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