Foodservice Packaging Institute Inc
Foodservice Packaging Institute Inc. shows consistent asset growth and strong financial health with no reported officer compensation.
EIN: 130612120 · Falls Church, VA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.7M |
| Total Expenses | $3.5M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.2M |
| Transparency Score | 85/100 |
Is Foodservice Packaging Institute Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Foodservice Packaging Institute Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Foodservice Packaging Institute Inc
Foodservice Packaging Institute Inc (EIN: 130612120) is a nonprofit organization based in Falls Church, VA. The organization reported total revenue of $5.7M and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foodservice Packaging Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foodservice Packaging Institute Inc is a mid-size nonprofit that has been operating for 91 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $3.5M |
| Surplus / Deficit | $-289,308 |
| Total Assets | $3.6M |
| Total Liabilities | $398K |
| Net Assets | $3.2M |
| Operating Margin | -9.0% |
| Debt-to-Asset Ratio | 10.9% |
| Months of Reserves | 12.5 months |
Financial Health Grade: B
In 2023, Foodservice Packaging Institute Inc reported a deficit of $289K with expenses exceeding revenue, holds 12.5 months of operating reserves (strong position), has a debt-to-asset ratio of 10.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Foodservice Packaging Institute Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.2% | +30.7% | -4.9% |
| 2022 | +2.2% | +3.4% | -7.4% |
| 2021 | +11.8% | +17.2% | +28.8% |
| 2020 | +9.2% | +4.6% | +40.1% |
| 2019 | +29.9% | +20.1% | +30.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1935 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Foodservice Packaging Institute Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Foodservice Packaging Institute Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $289K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $3 million. This suggests either a unique compensation structure where officers are not compensated, or their compensation is reported under different categories, warranting further investigation for full transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Foodservice Packaging Institute Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which may obscure actual leadership remuneration if it exists in other forms.
- Expenses exceeded revenue in the latest filing (2023), indicating a potential operational deficit for that period.
Strengths
The following positive indicators were identified for Foodservice Packaging Institute Inc:
- Consistent revenue growth over the past decade, from $1,292,414 in 2014 to $3,218,116 in 2023.
- Strong asset growth, increasing from $1,568,118 in 2014 to $3,639,073 in 2023.
- Healthy asset-to-liability ratio, with liabilities consistently being a small fraction of total assets.
- Generally efficient spending with revenues typically exceeding expenses in most years.
Frequently Asked Questions about Foodservice Packaging Institute Inc
Is Foodservice Packaging Institute Inc a legitimate charity?
Foodservice Packaging Institute Inc (EIN: 130612120) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.7M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Foodservice Packaging Institute Inc spend its money?
Foodservice Packaging Institute Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Foodservice Packaging Institute Inc tax-deductible?
Foodservice Packaging Institute Inc is registered as a tax-exempt nonprofit (EIN: 130612120). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Foodservice Packaging Institute Inc CEO make?
Foodservice Packaging Institute Inc's highest-compensated officer earns $3 annually. The organization reported $5.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Foodservice Packaging Institute Inc's spending goes to programs?
Foodservice Packaging Institute Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Foodservice Packaging Institute Inc located?
Foodservice Packaging Institute Inc is headquartered in Falls Church, Virginia and files with the IRS under EIN 130612120.
How many years of IRS 990 filings does Foodservice Packaging Institute Inc have?
Foodservice Packaging Institute Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $5.7M in total revenue.
How does Foodservice Packaging Institute Inc. compensate its leadership if officer compensation is consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size. It suggests that either the organization's leadership is entirely volunteer-based, or their compensation is categorized differently within the IRS 990, such as under general salaries or professional fees, which would require deeper analysis of the full filing for clarity.
What caused the expense increase in 2023 that led to expenses exceeding revenue?
In 2023, expenses were $3,507,424 while revenue was $3,218,116, resulting in a deficit for the year. This contrasts with previous years where revenue generally exceeded expenses. A detailed review of the 2023 IRS 990 filing would be necessary to identify the specific categories of expenses that increased significantly.
What is the primary purpose of the organization's significant asset base?
With assets growing from $1,568,118 in 2014 to $3,639,073 in 2023, the organization has accumulated a substantial asset base. Understanding how these assets are utilized – whether for long-term investments, operational reserves, or specific program-related infrastructure – would provide insight into the organization's strategic financial planning.
Filing History
IRS 990 filing history for Foodservice Packaging Institute Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Foodservice Packaging Institute Inc's revenue has grown by 250.2%, moving from $919K to $3.2M. Total assets increased by 216.9% over the same period, from $1.1M to $3.6M. Total functional expenses rose by 378.7%, from $733K to $3.5M. In its most recent filing year (2023), Foodservice Packaging Institute Inc reported a deficit of $289K, with expenses exceeding revenue. The organization holds $398K in liabilities against $3.6M in assets (debt-to-asset ratio: 10.9%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $3.5M | $3.6M | $398K | — | — |
| 2022 | $3.2M | $2.7M | $3.8M | $455K | — | View 990 |
| 2021 | $3.1M | $2.6M | $4.1M | $818K | — | View 990 |
| 2020 | $2.8M | $2.2M | $3.2M | $394K | — | View 990 |
| 2019 | $2.5M | $2.1M | $2.3M | $205K | — | — |
| 2018 | $2.0M | $1.8M | $1.8M | $235K | — | View 990 |
| 2017 | $1.8M | $1.9M | $1.8M | $348K | — | View 990 |
| 2016 | $1.6M | $1.6M | $1.8M | $431K | — | View 990 |
| 2015 | $1.3M | $1.2M | $1.6M | $202K | — | View 990 |
| 2014 | $1.3M | $1.1M | $1.6M | $280K | — | View 990 |
| 2013 | $1.2M | $1.1M | $1.3M | $156K | — | View 990 |
| 2012 | $1.2M | $1.2M | $1.3M | $279K | — | View 990 |
| 2011 | $919K | $733K | $1.1M | $189K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $3.5M, and assets of $3.6M (revenue +1.2% year-over-year).
- 2022: Revenue of $3.2M, expenses of $2.7M, and assets of $3.8M (revenue +2.2% year-over-year).
- 2021: Revenue of $3.1M, expenses of $2.6M, and assets of $4.1M (revenue +11.8% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.2M, and assets of $3.2M (revenue +9.2% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.1M, and assets of $2.3M (revenue +29.9% year-over-year).
- 2018: Revenue of $2.0M, expenses of $1.8M, and assets of $1.8M (revenue +7.8% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.9M, and assets of $1.8M (revenue +12.0% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.6M, and assets of $1.8M (revenue +23.5% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.2M, and assets of $1.6M (revenue +1.8% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.1M, and assets of $1.6M (revenue +7.3% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.1M, and assets of $1.3M (revenue +2.9% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $1.3M (revenue +27.3% year-over-year).
- 2011: Revenue of $919K, expenses of $733K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foodservice Packaging Institute Inc:
Data Sources and Methodology
This transparency report for Foodservice Packaging Institute Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.