Park City Compost Initiative INC EIN 88-1149577

Park City Compost Initiative INC

EIN  88-1149577 Public charity (501(c)(3)) Bridgeport, CT
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Educates on aerobic composting and operates a food waste facility for the Bridgeport region.
Leadership
Timothy O'Connor · Exec Dir. /Treasurer/Master Composter
Money in and out
$17K revenue, $21K expenses
Bottom line
23.1mo operating runway

Educates on aerobic composting and operates a food waste facility for the Bridgeport region. For fiscal year 2025 it reported $17K in revenue, $21K in expenses, and $53K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$17K
Pt VIII · Ln 12
Total expenses
$21K
Pt IX · Ln 25
Net assets
$53K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$5K
Where spending went · Part IX cols B–D
Program services $0.96
Operating runway
23.1mo
months of highly liquid reserves at operating expense rate▲ +57% vs prior filing year
Surplus margin
-30%
revenue over expenses, this year▲ +63% vs prior filing year
Donor-funded
33%
of revenue is gifts & grants▲ +24% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$17K
FY2025▼ -3%
Expenses
$21K
FY2025▼ -21%
Total assets
$53K
FY2025▼ -47%
Total liabilities
$564
FY2025▼ -49%
Total revenue
$17K
Pt VIII · Ln 12
Total expenses
$21K
Pt IX · Ln 25
Net assets
$53K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$5K
Total assetsPt X · Ln 16$53K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

2 program services account for $16K of program spending, described in the organization's own filed words · FY2022.
01

Composting Operation

Volunteer collection of food scraps from Bridgeport neighborhoods and selected commercial and non profit operations diverting over 12.4 tons of food scraps in 2022 by composting of food scraps at our pilot community compost operation.

$11Kprogram expense
02

Education and Awareness Programming

active awareness and marketing programming on aerobic composting benefits and processes - continuous communication via email, social media, government outreach and attendance (Tabling) at Farmers Markets, Chamber of commerce events.

$5Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPark City Compost Initiative INC
EINHdr · item D88-1149577
Principal addressHdr · item CBridgeport, CT
WebsiteHdr · item Jwww.parkcitycompost.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C27)
Ruling yearIRS BMFOct 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Exec Dir. /Treasurer/Master Composter
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Timothy O'Connor’s $10K as Executive Director / Secretary/Master Composter is at the 30th percentile of top reported officer pay among 134 <$100K 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 · 3 named individuals · Part VII

NameFY2023FY2022
Timothy O'Connor$10,224$3,000
Thomas Iezin$5,360$2,750
Andrew Tyrrell$5,090

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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Statement of Revenue

Part VIII
Other revenue$11K · 67%
Contributions & grants$6K · 33%
Other revenue67%$11K
Contributions & grants33%$6K
Total revenueLn 12$17K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96
Program services96%$21K
Total functional expensesLn 25$21K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$53K
Total liabilitiesLn 26$564
Total net assetsLn 32$53K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $41K · Operating expenses/yr $21K
23.1 months
Where the money goes
Program services
not reported
Management & General
not reported
Fundraising
not reported
Cost to raise $1
not reported
Where the money comes from
Contribution dependence
Contributions & grants $6K · Total revenue $17K
33%
Government reliance
not reported
Earned-income share
Program service revenue $11K · Total revenue $17K
67%
Investment reliance
Investment income $0 · Total revenue $17K
0%
Program self-sufficiency
Program service revenue $11K · Total expenses $21K
51%
Growth & trend
Revenue growth (YoY)
This year $17K · Prior year $17K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $53K · Beginning of year $57K
-8%
Balance sheet
Surplus Margin
Revenue $17K · Expenses $21K
-30%
Liabilities-to-Assets
Total liabilities $564 · Total assets $53K
1%
Net-asset ratio
Net assets $53K · Total assets $53K
99%
People & payroll
Highest Reported Total Compensation
Individual Timothy O'Connor · Reported title Exec Dir. /Treasurer/Master Composter · Highest reported compensation $0 · Total expenses $21K
0%
Personnel share
Salaries & benefits $0 · Total expenses $21K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 96%
Revenue growth -3%

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 · funders on record
Grants received · FY2022
Total grants receivedfrom 2 funders$10K

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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
FY2025 (Latest)$17K revenue · viewing · ⤓ 990 PDF
FY2024$17K revenue · ⤓ 990 PDF
FY2023$22K revenue · ⤓ 990 PDF
FY2022$127K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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