Civic Intelligence

Polymer Processing Institute at Njit

990 • Fiscal year 2018 • EIN 22-2458275

Jul 01, 2017 to Jun 30, 2018 • Filed on May 15, 2019

NJIT-GITC Building Room 3901University Heights New, NJ 07102

(973) 596-5896

Siviq Scores

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

Liabilities / Assets

55th percentile

0.12x

Higher debt load relative to assets than 55% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.13x

Higher debt load relative to revenue than 56% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

81st percentile

25%

Higher net margin than 81% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

87th percentile

31%

Faster asset growth than 87% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

72nd percentile

17%

Faster revenue growth than 72% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$2,977,658

Up $698,708 (+31%) from 2017

Net Assets

Up

$2,623,350

Up $685,562 (+35%) from 2017

Liabilities

Up

$354,308

Up $13,146 (+3.9%) from 2017

Revenue

Up

$2,729,772

Up $392,009 (+17%) from 2017

Expenses

Up

$2,044,210

Up $494,946 (+32%) from 2017

Net Income

Down

$685,562

Down $102,937 (-13%) from 2017

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,836,831Liabilities 2010: $68,157Net Assets 2010: $1,768,6742010Assets 2011: $2,223,895Liabilities 2011: $97,838Net Assets 2011: $2,126,0572011Assets 2012: $1,865,318Liabilities 2012: $81,392Net Assets 2012: $1,783,9262012Assets 2013: $1,342,602Liabilities 2013: $89,528Net Assets 2013: $1,253,0742013Assets 2014: $865,928Liabilities 2014: $82,851Net Assets 2014: $783,0772014Assets 2015: $783,244Liabilities 2015: $329,101Net Assets 2015: $454,1432015Assets 2016: $1,526,066Liabilities 2016: $376,777Net Assets 2016: $1,149,2892016Assets 2017: $2,278,950Liabilities 2017: $341,162Net Assets 2017: $1,937,7882017Assets 2018: $2,977,658Liabilities 2018: $354,308Net Assets 2018: $2,623,3502018Assets 2019: $3,264,151Liabilities 2019: $282,753Net Assets 2019: $2,981,3982019Assets 2020: $3,561,387Liabilities 2020: $526,647Net Assets 2020: $3,034,7402020Assets 2021: $4,651,810Liabilities 2021: $677,183Net Assets 2021: $3,974,6272021Assets 2022: $5,522,179Liabilities 2022: $414,175Net Assets 2022: $5,108,0042022Assets 2023: $6,198,011Liabilities 2023: $504,835Net Assets 2023: $5,693,1762023Assets 2024: $5,396,496Liabilities 2024: $515,338Net Assets 2024: $4,881,1582024

Highlighted filing

2018

Assets$2,977,658
Liabilities$354,308
Net Assets$2,623,350

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,257,7132010Revenue 2011: $2,371,866Expenses 2011: $2,014,483Net Income 2011: $357,3832011Expenses 2012: $1,684,7302012Expenses 2013: $1,510,3332013Revenue 2014: $683,741Expenses 2014: $1,153,738Net Income 2014: -$469,9972014Revenue 2015: $1,082,747Expenses 2015: $1,411,681Net Income 2015: -$328,9342015Revenue 2016: $2,415,760Expenses 2016: $1,706,571Net Income 2016: $709,1892016Revenue 2017: $2,337,763Expenses 2017: $1,549,264Net Income 2017: $788,4992017Revenue 2018: $2,729,772Expenses 2018: $2,044,210Net Income 2018: $685,5622018Revenue 2019: $2,398,527Expenses 2019: $2,040,479Net Income 2019: $358,0482019Revenue 2020: $2,612,174Expenses 2020: $2,558,832Net Income 2020: $53,3422020Revenue 2021: $5,118,235Expenses 2021: $4,178,348Net Income 2021: $939,8872021Revenue 2022: $5,166,367Expenses 2022: $4,985,915Net Income 2022: $180,4522022Revenue 2023: $5,034,613Expenses 2023: $4,449,441Net Income 2023: $585,1722023Revenue 2024: $3,254,373Expenses 2024: $4,066,391Net Income 2024: -$812,0182024

Highlighted filing

2018

Revenue$2,729,772
Expenses$2,044,210
Net Income$685,562
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 15, 2019
Return Version
2017v2.3
Gross Receipts
$2,743,775
Mission and Program Overview

Mission

Polymer processing institute ("ppi") is a private, non-for-profit new jersey corporation, established in 1982. Ppi was established for the purpose of advancing the general knowledge of the public in the art, science and technology of polymer processing through scientific research and education performed for the northern new jersey area. Significant revenues are received from subcontracts with the new jersey institute of technology ("njit") which contracts with a related entity which contracts with the federal government on research projects in the field of polymers and from research fees from public and private companies.

Provide research, education, publications to the polymer field for medical devices and pharmaceutical applications, packaging, recycling, paints and coatings.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,400,156$1,200,459▼ $199,697
Accounts Receivable$166,042$864,394▲ $698,352
Land, Buildings, and Equipment, Net$445,066$638,184▲ $193,118
Savings and Temporary Cash Investments$267,686$267,688▲ $2
Loans From Officers Directors$50,000$50,000→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$2,278,950$2,977,658▲ $698,708
Other Assets Total$0$6,933▲ $6,933
Liabilities
Accounts Payable and Accrued Expenses$286,495$304,308▲ $17,813
Deferred Revenue$4,667$0▼ $4,667
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$341,162$354,308▲ $13,146
Net Assets / Fund Balance
Unrestricted Net Assets$1,937,788$2,623,350▲ $685,562
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$1,937,788$2,623,350▲ $685,562
Total Liabilities and Net Assets / Fund Balance$2,278,950$2,977,658▲ $698,708

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$638,184$963,909$1,570,635
Leasehold Improvements--$31,458
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Ming Wan YoungPresidentFT$225,000$21,553$246,553
Dr Costas G Gogosboard chairmanPT$35,050-$35,050
Mariann PappagalloSECRETARY (through feb 2018)PT$30,000-$30,000

Board Members and Trustees

NameTitle
Dr Kun H HyunPresident - Emeritus
Charlie MartinTrustee
John ChristianoTrustee
Lefteris ValsamisTrustee
Paul AndersonTrustee
Stan JakopinTrustee
Sy FinderTrustee
Timothy GibsonTrustee
Viggy MehtaTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$982,241
Program Service Revenue
$1,760,593
Investment Income
$-14,000
Other Revenue
$938
Change in Net Assets
$685,562

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,729,772
Revenue Not Reported on Form 990
$14,003
Total Revenue per Audited Statements
$2,743,775
Total Revenue per Form 990
$2,729,772
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,165,536
Salaries, Compensation, and Employee Benefits$878,674
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$446,463--$446,463
Current Officers, Directors, Trustees, and Key Employees$184,915$121,088$0$306,003
Fees for Services Other$123,143$22,000-$145,143
Travel$86,586$43,220-$129,806
Occupancy$79,476$15,242-$94,718
Office Expenses$52,507$12,879-$65,386
Other Employee Benefits$53,973--$53,973
Depreciation Depletion$43,542--$43,542
Payroll Taxes$39,678$2,645-$42,323
Fees for Services Accounting-$40,300-$40,300
Pension Plan Contributions$29,912--$29,912
Insurance-$23,237-$23,237
Other Expenses$573,307$6,347-$6,347
Total Functional Expenses$1,713,502$330,708$0$2,044,210

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,058,213
Expenses per Audited Statements$2,044,210
Total Expenses per Form 990$2,044,210
Expenses Not Reported on Form 990$14,003
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Costas G GogosBoard ChairmanCompensationNo$35,050
Mariann PappagalloBoard SecretaryCompensationNo$30,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$50,000$50,000→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section C, Line 19

The organization makes its financial information available to the public upon request and via e-mail requests through its website.

Part VI, Section A, Question 8A & B

There are no committees other than the board of trustees that have the authority to act on behalf of the governing body.

Part VI, Section B, 11B

The form 990 is distributed to all board members for their review and comments. Dr. Gogos, dr. Young, and mariann pappagallo give it a final review prior to approving the form 990 to be filed.

Part VI, Section B, Question 15A

The President's compensation is reviewed by the Chairman of the board and goals are set. The compensation is based on comparable entities and effort produced. The chairman ultimately approves the president's contract.

Filing and Contact Details

Filer

Filer Name
Polymer Processing Institute
EIN
22-2458275
In Care Of
% DR YOUNG
Phone
9735965896
Address
NJIT-GITC Building Room 3901, University Heights New, NJ 07102

Signing Officer

Name
Ming Wan Young
Title
President
Phone
9735965896
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ming Wan Young
Formed
1982
Legal Domicile
Nj
Voting Board Members
11
Independent Board Members
9
Employees
9
Volunteers
9

Preparer

Firm
WithumSmithBrown PC
Address
ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
Preparer
Brad Caruso
Phone
7328281614
Supplemental Narrative

Financial Statement Notes

Form 990, Schedule D, Part X, Line 2

PPI is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for income taxes has been recorded in the statements of activities and changes in net assets. PPIs accounting policy is to evaluate uncertain tax positions in accordance with the accounting pronouncement on accounting for contingencies. PPI had no unrecognized tax benefits at June 30, 2018 and 2017 and paid no interest or penalties for the years ending June 30, 2018 and 2017.

Form 990, Schedule D, Part XI, Line 2D

Loss on disposal of proerty and equipment of $14,003.

Form 990, Schedule D, Part XII, Line 2D

Loss on disposal of proerty and equipment of $14,003.

Raw XML AppendixShowing 400 of 612 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0286495
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0304308
IRS990/AccountsReceivableGrp/BOYAmt0166042
IRS990/AccountsReceivableGrp/EOYAmt0864394
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Provide research, education, publications to the polymer field for medical devices and pharmaceutical applications, packaging, recycling, paints and coatings.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0DR YOUNG
IRS990/BooksInCareOfDetail/PhoneNum09735965896
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0NJIT-GITC SUITE 3901
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEWARK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd007102
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/BOYAmt01400156
IRS990/CashNonInterestBearingGrp/EOYAmt01200459
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0121088
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0184915
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0306003
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0982241
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-14000
IRS990/CYOtherExpensesAmt01165536
IRS990/CYOtherRevenueAmt0938
IRS990/CYProgramServiceRevenueAmt01760593
IRS990/CYRevenuesLessExpensesAmt0685562
IRS990/CYSalariesCompEmpBnftPaidAmt0878674
IRS990/CYTotalExpensesAmt02044210
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02729772
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt04667
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt043542
IRS990/DepreciationDepletionGrp/TotalAmt043542
IRS990/Desc0RESEARCH AND DEVELOPMENT-PROVIDING RESEARCH, EDUCATION AND PUBLICATIONS TO THE POLYMER FIELD FOR MEDICAL DEVICES AND PHARMACEUTICAL APPLICATIONS, PACKAGING, RECYCLING, PAINTS AND COATINGS, ETC. LABS AND EQUIPMENT ARE AVAILABLE FOR STUDENTS DOING RESEARCH.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt09
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt01713502
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt040300
IRS990/FeesForServicesAccountingGrp/TotalAmt040300
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt022000
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0123143
IRS990/FeesForServicesOtherGrp/TotalAmt0145143
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt015.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt810.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt621553
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0DR COSTAS G GOGOS
IRS990/Form990PartVIISectionAGrp/PersonNm1DR KUN H HYUN
IRS990/Form990PartVIISectionAGrp/PersonNm2PAUL ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN CHRISTIANO
IRS990/Form990PartVIISectionAGrp/PersonNm4CHARLIE MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm5LEFTERIS VALSAMIS
IRS990/Form990PartVIISectionAGrp/PersonNm6DR MING WAN YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm7STAN JAKOPIN
IRS990/Form990PartVIISectionAGrp/PersonNm8MARIANN PAPPAGALLO
IRS990/Form990PartVIISectionAGrp/PersonNm9SY FINDER
IRS990/Form990PartVIISectionAGrp/PersonNm10TIMOTHY GIBSON
IRS990/Form990PartVIISectionAGrp/PersonNm11VIGGY MEHTA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt035050
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6225000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt830000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0board chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT - EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY (through feb 2018)
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/OtherAmt0-14003
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt0982241
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt00
IRS990/GrossReceiptsAmt02743775
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt023237
IRS990/InsuranceGrp/TotalAmt023237
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt03
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0963909
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0445066
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0638184
IRS990/LandBldgEquipCostOrOtherBssAmt01602093
IRS990/LegalDomicileStateCd0NJ
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt014003
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt050000
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt050000
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0POLYMER PROCESSING INSTITUTE ("PPI") IS A PRIVATE, NON-FOR-PROFIT NEW JERSEY CORPORATION, ESTABLISHED IN 1982. PPI WAS ESTABLISHED FOR THE PURPOSE OF ADVANCING THE GENERAL KNOWLEDGE OF THE PUBLIC IN THE ART, SCIENCE AND TECHNOLOGY OF POLYMER PROCESSING THROUGH SCIENTIFIC RESEARCH AND EDUCATION PERFORMED FOR THE NORTHERN NEW JERSEY AREA. SIGNIFICANT REVENUES ARE RECEIVED FROM SUBCONTRACTS WITH THE NEW JERSEY INSTITUTE OF TECHNOLOGY ("NJIT") WHICH CONTRACTS WITH A RELATED ENTITY WHICH CONTRACTS WITH THE FEDERAL GOVERNMENT ON RESEARCH PROJECTS IN THE FIELD OF POLYMERS AND FROM RESEARCH FEES FROM PUBLIC AND PRIVATE COMPANIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt01937788
IRS990/NetAssetsOrFundBalancesEOYAmt02623350
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-14003
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-14003
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt015242
IRS990/OccupancyGrp/ProgramServicesAmt079476
IRS990/OccupancyGrp/TotalAmt094718
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012879
IRS990/OfficeExpensesGrp/ProgramServicesAmt052507
IRS990/OfficeExpensesGrp/TotalAmt065386
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt06933
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt053973
IRS990/OtherEmployeeBenefitsGrp/TotalAmt053973
IRS990/OtherExpensesGrp/Desc0LABORATORY EXPENSE
IRS990/OtherExpensesGrp/Desc1NJIT PROJECT FEES
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt043750
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16347
IRS990/OtherExpensesGrp/ProgramServicesAmt0573307
IRS990/OtherExpensesGrp/TotalAmt0573307
IRS990/OtherExpensesGrp/TotalAmt143750
IRS990/OtherExpensesGrp/TotalAmt26347
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0938
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0938
IRS990/OtherRevenueTotalAmt0938
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0446463
IRS990/OtherSalariesAndWagesGrp/TotalAmt0446463
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02645
IRS990/PayrollTaxesGrp/ProgramServicesAmt039678
IRS990/PayrollTaxesGrp/TotalAmt042323
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt029912
IRS990/PensionPlanContributionsGrp/TotalAmt029912
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MING WAN YOUNG
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541712
IRS990/ProgramServiceRevenueGrp/BusinessCd1813910
IRS990/ProgramServiceRevenueGrp/Desc0RESEARCH FEES
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01755926
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14667
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01755926
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14667
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01129224
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0106
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0619566
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01208433
IRS990/PYRevenuesLessExpensesAmt0788499
IRS990/PYSalariesCompEmpBnftPaidAmt0929698
IRS990/PYTotalExpensesAmt01549264
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02337763
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0685562
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01755926
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0267686
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0267688
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0982241
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01129224
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01404350
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt08000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03523815
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0106
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0134
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0551
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0775
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01569
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01755926
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01208433
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01011276
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01072967
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0696427
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05745029
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0134
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0551
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0775
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01569
IRS990ScheduleA/InvestmentIncomeCYPct00.00017
IRS990ScheduleA/InvestmentIncomePYPct00.00050
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.40$0.52$4.88$3.25$4.07$0.81
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.20$0.50$5.69$5.03$4.45$0.59
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.52$0.41$5.11$5.17$4.99$0.18
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.65$0.68$3.97$5.12$4.18$0.94
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.56$0.53$3.03$2.61$2.56$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.26$0.28$2.98$2.40$2.04$0.36
2018Detailed filing. Detailed filing data is available for this year.$2.98$0.35$2.62$2.73$2.04$0.69
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.28$0.34$1.94$2.34$1.55$0.79
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$0.38$1.15$2.42$1.71$0.71
2015Detailed filing. Detailed filing data is available for this year.$0.78$0.33$0.45$1.08$1.41$0.33
2014Detailed filing. Detailed filing data is available for this year.$0.87$0.08$0.78$0.68$1.15$0.47
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.09$1.25$1.51
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$0.08$1.78$1.68
2011Summary only. Only limited summary data is available for this year.$2.22$0.10$2.13$2.37$2.01$0.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$0.07$1.77$2.26