Civic Intelligence

Textile Bag & Packaging Association Inc

990EZ • Fiscal year 2018 • EIN 11-1116014

Jan 01, 2018 to Dec 31, 2018 • Filed on May 13, 2019

Organization ProfileWWW.TEXTILEPACKAGING.ORG
22 Wendell ParkMilton, MA 02186

(617) 721-9747

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

8th percentile

-35%

Higher net margin than 8% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

82nd percentile

$38,000

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 48.4% of source-year revenue.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

10th percentile

-32%

Faster asset growth than 10% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

18th percentile

-18%

Faster revenue growth than 18% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets47th percentile

Assets

Down

$58,422

Down $28,008 (-32%) from 2017

Net Assets

Down

$58,422

Down $28,008 (-32%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin8th percentile

Revenue

Down

$78,436

Down $17,505 (-18%) from 2017

Expenses

Down

$105,870

Down $2,986 (-2.7%) from 2017

Net Income

Down

-$27,434

Down $14,519 (-112%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0-$50KAssets 2011: $83,930Liabilities 2011: -$8802011Assets 2012: $95,208Liabilities 2012: $02012Assets 2013: $89,111Liabilities 2013: $02013Assets 2014: $77,644Liabilities 2014: $0Net Assets 2014: $77,6442014Assets 2015: $92,616Liabilities 2015: $0Net Assets 2015: $92,6162015Assets 2016: $99,345Liabilities 2016: $0Net Assets 2016: $99,3452016Assets 2017: $86,430Liabilities 2017: $0Net Assets 2017: $86,4302017Assets 2018: $58,422Liabilities 2018: $0Net Assets 2018: $58,4222018Assets 2019: $44,220Liabilities 2019: $0Net Assets 2019: $44,2202019Assets 2020: $32,674Liabilities 2020: $0Net Assets 2020: $32,6742020Assets 2021: $27,229Liabilities 2021: $0Net Assets 2021: $27,2292021Assets 2022: $19,875Liabilities 2022: $0Net Assets 2022: $19,8752022Assets 2023: $11,482Liabilities 2023: $0Net Assets 2023: $11,4822023Assets 2024: $11,311Net Assets 2024: $11,3112024

Highlighted filing

2018

Assets$58,422
Liabilities$0
Net Assets$58,422
Open 2018 Filing

Operations Trend

Revenue Growth18th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $86,225Expenses 2011: $76,767Net Income 2011: $9,4582011Revenue 2012: $86,070Expenses 2012: $75,672Net Income 2012: $10,3982012Revenue 2013: $105,837Expenses 2013: $111,934Net Income 2013: -$6,0972013Revenue 2014: $120,070Expenses 2014: $131,537Net Income 2014: -$11,4672014Revenue 2015: $101,293Expenses 2015: $86,321Net Income 2015: $14,9722015Revenue 2016: $93,625Expenses 2016: $86,896Net Income 2016: $6,7292016Revenue 2017: $95,941Expenses 2017: $108,856Net Income 2017: -$12,9152017Revenue 2018: $78,436Expenses 2018: $105,870Net Income 2018: -$27,4342018Revenue 2019: $79,340Expenses 2019: $93,542Net Income 2019: -$14,2022019Revenue 2020: $42,835Expenses 2020: $54,381Net Income 2020: -$11,5462020Revenue 2021: $62,551Expenses 2021: $67,996Net Income 2021: -$5,4452021Revenue 2022: $74,398Expenses 2022: $81,752Net Income 2022: -$7,3542022Revenue 2023: $65,336Expenses 2023: $73,729Net Income 2023: -$8,3932023Revenue 2024: $57,980Expenses 2024: $58,151Net Income 2024: -$1712024

Highlighted filing

2018

Revenue$78,436
Expenses$105,870
Net Income-$27,434
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 13, 2019
Return Version
2018v3.1
Gross Receipts
$78,436
Mission and Program Overview

Mission

To promote the textile industry.

Program Services

DescriptionGrantsExpenses
FALL MEETING AND NETWORKING EVENT$0$17,714
SPRING CONVENTION AND TRADE SHOW$0$16,179
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JULIE COOKExecutive SecretaryPT$38,000-$38,000
BARRY CORMANPresident-$0--
EDWARD LANGSTONVice-President-$0--
BRETT SORENSENDirector-$0--
DOUG SMITHDirector-$0--
GREG WILLIAMSDirector-$0--
MICHELLE DIAZDirector-$0--
DARIN JUSTUSDirector-$0--
JOSE GARCIADirector-$0--
MARC RADASKYDirector-$0--
ED ROCHMANDirector-$0--
JOE CARRDirector-$0--
Filing and Contact Details

Filer

Filer Name
Textile Bag & Packaging Association Inc
EIN
11-1116014
Phone
6177219747
Address
22 WENDELL PARK, MILTON, MA 02186

Signing Officer

Name
Edward Langston
Title
President
Phone
8002385798
Signed
2019-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Scott a Goffstein & Associates Llp
Address
465 WAVERLEY OAKS RD SUITE 420, WALTHAM, MA 02452
Preparer
Scott a Goffstein
Phone
7813981770
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: interest income. Amount: 181. Description: sponsorship income - convention. Amount: 2,750. Description: sponsorship income - meeting. Amount: 1,500. Total to form 990-ez, line 8: 4,431.”

Form 990-ez, Part I, Line 14

“Description: depreciation. Amount: 70.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: payroll taxes. Amount: 3,220. Description: convention expenses. Amount: 16,179. Description: meeting expenses. Amount: 17,714. Description: office expenses. Amount: 1,525. Description: travel. Amount: 4,848. Description: insurance. Amount: 2,130. Description: dues/subscriptions. Amount: 1,521. Description: bank/credit card charges. Amount: 4,074. Description: website. Amount: 4,906. Description: miscellaneous. Amount: 263. Description: education. Amount: 1,583. Description: state income taxes. Amount: 68. Description: licenses and fees. Amount: 560. Total to form 990-ez, line 16: 58,591.”

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

“Description: federal income tax. Amount: -574.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: hotel deposits. Beg. Of year amount: 10,275. End of year amount: 5,500. Description: other depreciable assets. Beg. Of year amount: 0. End of year amount: 628.”

Raw XML Appendix183 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MILTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BARRY CORMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1EDWARD LANGSTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JULIE COOK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BRETT SORENSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DOUG SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5GREG WILLIAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MICHELLE DIAZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DARIN JUSTUS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8JOSE GARCIA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9MARC RADASKY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10ED ROCHMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11JOE CARR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2EXECUTIVE SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11DIRECTOR
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IRS990EZ/OtherExpensesTotalAmt058591
IRS990EZ/OtherRevenueTotalAmt04431
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE THE TEXTILE INDUSTRY.
IRS990EZ/PrintingPublicationsPostageAmt0304
IRS990EZ/ProgramServiceRevenueAmt028290
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt116179
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IRS990EZ/TotalProgramServiceExpensesAmt033893
IRS990EZ/TotalRevenueAmt078436
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.TEXTILEPACKAGING.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 181. DESCRIPTION: SPONSORSHIP INCOME - CONVENTION. AMOUNT: 2,750. DESCRIPTION: SPONSORSHIP INCOME - MEETING. AMOUNT: 1,500. TOTAL TO FORM 990-EZ, LINE 8: 4,431.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 70.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PAYROLL TAXES. AMOUNT: 3,220. DESCRIPTION: CONVENTION EXPENSES. AMOUNT: 16,179. DESCRIPTION: MEETING EXPENSES. AMOUNT: 17,714. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,525. DESCRIPTION: TRAVEL. AMOUNT: 4,848. DESCRIPTION: INSURANCE. AMOUNT: 2,130. DESCRIPTION: DUES/SUBSCRIPTIONS. AMOUNT: 1,521. DESCRIPTION: BANK/CREDIT CARD CHARGES. AMOUNT: 4,074. DESCRIPTION: WEBSITE. AMOUNT: 4,906. DESCRIPTION: MISCELLANEOUS. AMOUNT: 263. DESCRIPTION: EDUCATION. AMOUNT: 1,583. DESCRIPTION: STATE INCOME TAXES. AMOUNT: 68. DESCRIPTION: LICENSES AND FEES. AMOUNT: 560. TOTAL TO FORM 990-EZ, LINE 16: 58,591.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: FEDERAL INCOME TAX. AMOUNT: -574.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: HOTEL DEPOSITS. BEG. OF YEAR AMOUNT: 10,275. END OF YEAR AMOUNT: 5,500. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 628.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EDWARD LANGSTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08002385798
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEXTILE BAG & PACKAGING ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0TEXT
ReturnHeader/Filer/EIN0111116014
ReturnHeader/Filer/PhoneNum06177219747
ReturnHeader/Filer/USAddress/AddressLine1Txt022 WENDELL PARK
ReturnHeader/Filer/USAddress/CityNm0MILTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002186
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.144.168.193
ReturnHeader/FilingSecurityInformation/IPDt02019-05-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm011:15:23
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043585400
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCOTT A GOFFSTEIN & ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0465 WAVERLEY OAKS RD SUITE 420
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WALTHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002452
ReturnHeader/PreparerPersonGrp/PhoneNum07813981770
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT A GOFFSTEIN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-05-14T10:14:53-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$58,422
Liabilities
$0
Net assets
$58,422
Revenue
$78,436
Expenses
$105,870
Net income
-$27,434
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.11$0.11$0.58$0.58$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.65$0.74$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.74$0.82$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.63$0.68$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.43$0.54$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.79$0.94$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.78$1.06$0.27
2017Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.96$1.09$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.94$0.87$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$1.01$0.86$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$1.20$1.32$0.11
2013Summary only. Only limited summary data is available for this year.$0.89$0.00$1.06$1.12$0.06
2012Summary only. Only limited summary data is available for this year.$0.95$0.00$0.86$0.76$0.10
2011Summary only. Only limited summary data is available for this year.$0.84$0.01$0.86$0.77$0.09