Civic Intelligence

The Recycling Partnership Inc.

990 • Fiscal year 2020 • EIN 37-1622018

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 23, 2021

125 Rowell CourtFalls Church, VA 22046

(864) 760-8828

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.29x

Higher debt load relative to assets than 52% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

49th percentile

0.34x

Higher debt load relative to revenue than 49% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

87th percentile

38%

Higher net margin than 87% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

64th percentile

$312,022

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

94th percentile

67%

Faster asset growth than 94% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

93rd percentile

84%

Faster revenue growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Up

$28,699,633

Up $11,555,534 (+67%) from 2019

Net Assets

Up

$20,412,028

Up $9,180,511 (+82%) from 2019

Liabilities

Up

$8,287,605

Up $2,375,023 (+40%) from 2019

Revenue

Up

$24,340,751

Up $11,077,891 (+84%) from 2019

Expenses

Up

$15,160,240

Up $4,781,032 (+46%) from 2019

Net Income

Up

$9,180,511

Up $6,296,859 (+218%) from 2019

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $260,663Liabilities 2011: $174,696Net Assets 2011: $85,9672011Assets 2012: $192,962Liabilities 2012: $55,347Net Assets 2012: $137,6152012Assets 2013: $295,915Liabilities 2013: $89,323Net Assets 2013: $206,5922013Assets 2014: $1,377,945Liabilities 2014: $1,081,410Net Assets 2014: $296,5352014Assets 2015: $1,373,692Liabilities 2015: $431,367Net Assets 2015: $942,3252015Assets 2016: $2,798,713Liabilities 2016: $1,827,049Net Assets 2016: $971,6642016Assets 2017: $1,675,904Liabilities 2017: $453,624Net Assets 2017: $1,222,2802017Assets 2018: $8,916,500Liabilities 2018: $568,635Net Assets 2018: $8,347,8652018Assets 2019: $17,144,099Liabilities 2019: $5,912,582Net Assets 2019: $11,231,5172019Assets 2020: $28,699,633Liabilities 2020: $8,287,605Net Assets 2020: $20,412,0282020Assets 2021: $36,347,357Liabilities 2021: $6,333,899Net Assets 2021: $30,013,4582021Assets 2022: $38,566,177Liabilities 2022: $4,677,036Net Assets 2022: $33,889,1412022Assets 2023: $58,888,621Liabilities 2023: $21,724,022Net Assets 2023: $37,164,5992023Assets 2024: $46,065,391Liabilities 2024: $5,728,946Net Assets 2024: $40,336,4452024

Highlighted filing

2020

Assets$28,699,633
Liabilities$8,287,605
Net Assets$20,412,028

Operations Trend

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

$60M$40M$20M$0Revenue 2011: $946,138Expenses 2011: $860,171Net Income 2011: $85,9672011Expenses 2012: $924,6122012Revenue 2013: $987,300Expenses 2013: $908,323Net Income 2013: $78,9772013Revenue 2014: $2,261,500Expenses 2014: $2,171,557Net Income 2014: $89,9432014Revenue 2015: $2,291,932Expenses 2015: $1,646,142Net Income 2015: $645,7902015Revenue 2016: $3,672,844Expenses 2016: $3,654,974Net Income 2016: $17,8702016Revenue 2017: $3,786,921Expenses 2017: $3,536,305Net Income 2017: $250,6162017Revenue 2018: $11,594,929Expenses 2018: $4,485,499Net Income 2018: $7,109,4302018Revenue 2019: $13,262,860Expenses 2019: $10,379,208Net Income 2019: $2,883,6522019Revenue 2020: $24,340,751Expenses 2020: $15,160,240Net Income 2020: $9,180,5112020Revenue 2021: $35,681,041Expenses 2021: $26,169,611Net Income 2021: $9,511,4302021Revenue 2022: $34,845,834Expenses 2022: $30,970,151Net Income 2022: $3,875,6832022Revenue 2023: $37,086,752Expenses 2023: $33,811,294Net Income 2023: $3,275,4582023Revenue 2024: $41,184,643Expenses 2024: $38,012,797Net Income 2024: $3,171,8462024

Highlighted filing

2020

Revenue$24,340,751
Expenses$15,160,240
Net Income$9,180,511
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 23, 2021
Return Version
2020v4.1
Gross Receipts
$24,340,751
Mission and Program Overview

Mission

The partnership inspires and supports communities to improve recycling programs across the united states of america.

Advance the circular economy in north america through the improvement of residential recycling.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$13,951,370$25,870,158▲ $11,918,788
Pledges and Grants Receivable$3,171,250$2,779,827▼ $391,423
Total Assets$17,144,099$28,699,633▲ $11,555,534
Other Assets Total$21,479$49,648▲ $28,169
Liabilities
Deferred Revenue$5,132,953$6,375,000▲ $1,242,047
Accounts Payable and Accrued Expenses$773,716$1,247,034▲ $473,318
Unsecured Notes Loans Payable-$665,312-
Grants Payable$5,913$259▼ $5,654
Total Liabilities$5,912,582$8,287,605▲ $2,375,023
Net Assets / Fund Balance
Net Assets With Donor Restrictions$8,851,946$16,737,578▲ $7,885,632
Net Assets Without Donor Restrictions$2,379,571$3,674,450▲ $1,294,879
Total Net Assets Fund Balance$11,231,517$20,412,028▲ $9,180,511
Total Liabilities and Net Assets / Fund Balance$17,144,099$28,699,633▲ $11,555,534
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Keefe HarrisonChief Executive OfficerFT$263,125$48,897$312,022
William J CulbertsonVP of Strategy & Chief Legal OfficerFT$228,870$8,345$237,215
Jeff MeyersChief Financial OfficerFT$221,799$12,456$234,255
Joseph BontempoChief of StaffFT$191,875$22,307$214,182
Sarah DearmanVP of Circular VenturesFT$197,010$6,897$203,907
Cody MarshallChief Community Strategy OfficerFT$173,958$15,366$189,324
Elizabeth SchmittSenior VP of DevelopmentFT$183,375$3,592$186,967

Board Members and Trustees

NameTitle
Kim CarswellChair
Aimee GreggDirector
Brian HawkinsonDirector
Bruce KarasDirector
David ClarkDirector
Keith ChristmanDirector
Maria BurquestDirector
Megan DaumDirector
Monique OxenderDirector
Nicole CollierDirector
Scott DefifeDirector
Terese KietzerDirector
Viviana AlvarezDirector
Ann MeitzDirector (until May 2020)
Anne BedarfDirector (until May 2020)
Cathy FoleyDirector (until May 2020)
Craig CooksonDirector (until May 2020)
Erik ThrondsenDirector (until May 2020)
Jennifer RonkDirector (until May 2020)
John CaturanoDirector (until May 2020)
John CookDirector (until May 2020)
Jonathan ButcherDirector (until May 2020)
Josephine BertramsDirector (until May 2020)
Kazumi MechlingDirector (until May 2020)
Kris WaldhauserDirector (until May 2020)
Melissa CraigDirector (until May 2020)
Michael ChungDirector (until May 2020)
Michael HodgesDirector (until May 2020)
Michael KirkDirector (until May 2020)
Ricky LaneDirector (until May 2020)
Robert BudwayDirector (until May 2020)
Sanjay MehtaDirector (until May 2020)
Sara AxelrodDirector (until May 2020)
Seth BarronDirector (until May 2020)
Spooner WardDirector (until May 2020)
Susan RobinsonDirector (until May 2020)
Tony BurnsDirector (until May 2020)
Tracee ReevesDirector (until May 2020)
Derric BrownSecretary
Steve AlexanderTreasurer
Kathleen NiesenTreasurer (until May 2020)

Highest Paid Contractors

ContractorServicesLocationCompensation
Diener & Associates Cpa's LLCConsulting147 DURRELL MOUNTAIN ROAD, Gilmanton Iron Works, NH 03837$124,000
4 Minutes LLCAccounting Services125 ROWELL COURT, Falls Church, VA 22046-3126$117,570
-Consulting20 LANTERN LANE, Milton, MA 02186$111,600
Revenue and Support

Revenue Composition

Contributions and Grants
$24,139,446
Program Service Revenue
$179,182
Investment Income
$22,123
Other Revenue
$0
All Other Contributions
$23,519,403
Change in Net Assets
$9,180,511

Audited Revenue Reconciliation

Revenue per Audited Statements
$24,340,751
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$24,340,751
Total Revenue per Form 990
$24,340,751
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,290,967
Grants and Similar Amounts Paid$4,555,694
Other Expenses$4,313,579
Total Fundraising Expense$1,065,674
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,355,842$841,691$793,996$4,991,529
Grants to Domestic Orgs$4,555,694--$4,555,694
Fees for Services Other$1,742,862$268,054$56,415$2,067,331
Current Officers, Directors, Trustees, and Key Employees$144,347$300,500$101,430$546,277
Payroll Taxes$287,782$57,533$56,214$401,529
Other Employee Benefits$217,981$83,881$18,915$320,777
Fees for Services Accounting$15,459$218,028$1,375$234,862
Information Technology$49,009$120,513$1,905$171,427
Conferences and Meetings$52,699$91,052$971$144,722
Travel$55,935$50,924$9,257$116,116
Occupancy$918$100,291-$101,209
Fees for Services Legal$11,087$57,424-$68,511
Insurance-$49,868-$49,868
Other Expenses$702$45,900$11,725$46,602
Office Expenses$8,391$19,251$5,577$33,219
Pension Plan Contributions$19,886$7,817$3,152$30,855
All Other Expenses$14,964$14,406$55$29,425
Depreciation Depletion-$10,167-$10,167
Total Functional Expenses$11,657,640$2,436,926$1,065,674$15,160,240

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$15,160,240
Total Expenses per Audited Statements$15,160,240
Total Expenses per Form 990$15,160,240
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
County of Sarasota FloridaSarasota, FL-Recycling Infrastructure$454,185
Rumpke Consolidated Companies IncCincinnati, OH-Polypropylene Equipment Grants$387,500
Solid Waste Authority of Central OhioGrove City, OH-Recycling Optimization$340,688
North Central Texas Council of GovernmentsArlington, TX-Recycling Education$313,578
City of Broken Arrow OaklahomaBroken Arrow, OK-Recycling Infrastructure$304,396
City of SheboyganSheboygan, WI-Recycling Infrastructure$261,806
COUGLE'S RECYCLING INCHamburg, PA-Polypropylene Equipment Grants$200,000
City of Venice FloridaVenice, FL-Recycling Infrastructure$170,573
Charter Township of Orion MiLake Orion, MI-Recycling Infrastructure$169,389
Orange County FloridaOrlando, FL-Recycling Optimization$150,547
The Center for the Circular Economy LLCNew York, NY-Research Grant$140,000
City of Chattanooga Department of Public WorksChattanooga, TN-Research Grant$128,997
City of MillvilleMillville, NJ-Recycling Infrastructure$125,712
City of Atlanta Ga Department of Public WorksAtlanta, GA-Recycling Optimization$120,875
Spokane CountySpokane, WA-Recycling Optimization$115,633
City of IowaIowa City, IA-Recycling Infrastructure$106,607
City of DetroitDetroit, MI-Recycling Infrastructure$104,037
City of Auburn AlabamaAuburn, AL-Recycling Infrastructure$94,838
City of OrlandoOrlando, FL-Multifamily Recycling$86,801
City of Chula VistaChula Vista, CA-Recycling Optimization$76,680
Town of Bristol Rhode IslandBristol, RI-Recycling Infrastructure$49,644
Resource Recovery and Recycling Authority of Southwest Oakland CountySouthfield, MI-Recycling Optimization$49,122
County of EmmetPetoskey, MI-Recycling Optimization$47,173
City of San MarcosSan Marcos, TX-Multifamily Recycling$45,663
Atlantic County Utilities AuthorityEgg Harbor Township, NY-Recycling Infrastructure$44,699
Treasurer of Hamilton CountyCincinnati, OH-Research Grant$41,223
Minnesota Waste WiseSt Paul, MN-Recycling Education$41,000
City of MaquoketaMaquoketa, IA-Recycling Infrastructure$31,738
County of MissaukeeLake City, MI-Recycling Optimization$29,321
City of PortlandPortland, OR-Multifamily Recycling$27,960
City of Sarasota FloridaSarasota, FL-Recycling Infrastructure$22,234
City of Baltimore MarylandBaltimore, MD-Recycling Infrastructure$19,103
Recycle Now LLCDallas, TX-Multifamily Recycling$17,396
Borough of Beach HavenBeach Haven, NJ-Recycling Infrastructure$16,760
Northeast Michigan Council of GovermentsGaylord, MI-Recycling Optimization$16,496
City of Culver CityCulver City, CA-Recycling Infrastructure$16,076
Antrim Conservation DistrictBellaire, MI-Recycling Optimization$15,081
City of VinelandVineland, NJ-Recycling Infrastructure$13,496
City of ApopkaApopka, FL-Recycling Optimization$13,070
Pope Douglas Solid Waste ManagementAlexandria, MN-Multifamily Recycling$8,496
City of Saint Paul MinnesotaSaint Paul, MN-Multifamily Recycling$7,388
Ridwell IncSeattle, WA-Polypropylene Equipment Grants$6,929
City of Dickinson North DakotaDickinson, ND-Recycling Infrastructure$6,134
City of Washington DcWashington, DC-Multifamily Recycling$5,975
Lafayette City- Parish Consolidated GovernmentLafayette, LA-Recycling Optimization$5,670
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Under a third amended and restated bylaws adopted in november 2019, the organization has members with the power to, among other things, elect the members of the board of directors.

Form 990, Part VI, Section A, Line 7A

Under a third amended and restated bylaws adopted in november 2019, the organization has members with the power to, among other things, elect the members of the board of directors.

Form 990, Part VI, Section A, Line 7B

Under a third amended and restated bylaws adopted in november 2019, certain governance decisions are reserved to the members, including election and removal of directors, changes to the governing documents, and approval of mergers and dissolution.

Form 990, Part VI, Section B, Line 11B

The 990 is reviewed by the treasurer, cfo, chief legal officer and ceo; then the 990 will be emailed to the board prior to filing.

Form 990, Part VI, Section B, Line 12C

The directors, officers, employees & independent contractors of the organization are subject to the conflict of interest policy adopted by the organization. Directors, officers, employees & independent contractors should not engage in a course of conduct or a proposed transaction that may give rise to a conflict of interest between their own interests and the interests of the organization. If a board member believes that he or she may be in danger of creating such a conflict, he or she should disclose the matter promptly to the entire board and take whichever precautions are necessary to eliminate the conflict.

Form 990, Part VI, Section B, Line 15

The organization pays compensation in reasonable amounts to the ceo & employees for services rendered. The ceo's compensation is determined and approved by the executive committee.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Recycling Partnership Inc
EIN
37-1622018
Phone
8647608828
Address
125 ROWELL COURT, FALLS CHURCH, VA 22046

Signing Officer

Name
Steve Alexander
Title
Treasurer
Phone
8647608828
Signed
2021-09-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Alexander
Formed
2011
Legal Domicile
Va
Voting Board Members
15
Independent Board Members
15
Employees
54
Volunteers
0

Preparer

Firm
Citrin Cooperman & Company Llp
Address
2 BETHESDA METRO CENTER 11TH FLOOR, BETHESDA, MD 20814
Preparer
Brian J Giganti
Phone
3016549000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other contracted services: program service expenses 277,901. Management and general expenses 21,000. Fundraising expenses 26,689. Total expenses 325,590. Consulting services: program service expenses 1,464,961. Management and general expenses 134,400. Fundraising expenses 29,726. Total expenses 1,629,087. Strategic initiatives: program service expenses 0. Management and general expenses 112,654. Fundraising expenses 0. Total expenses 112,654.

Form 990, Part XII, Line 2C

No change in the audit oversight process was made during the year.

Financial Statement Notes

PART X, LINE 2:

The organization files informational returns in the u.s. Federal jurisdiction and in various state and local jurisdictions. In accordance with financial accounting standards board ("fasb") asc 740, income taxes, the organization has applied the "more likely than not" threshold to the recognition and derecognition of tax positions in its consolidated financial statements. Management has evaluated the organization's tax positions and has concluded that there are no uncertain tax positions that qualified for either recognition or disclosure in the consolidated financial statements as of december 31, 2020 and 2019.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$46.1$5.73$40.3$41.2$38.0$3.17
2023Detailed filing. Detailed filing data is available for this year.$58.9$21.7$37.2$37.1$33.8$3.28
2022Detailed filing. Detailed filing data is available for this year.$38.6$4.68$33.9$34.8$31.0$3.88
2021Detailed filing. Detailed filing data is available for this year.$36.3$6.33$30.0$35.7$26.2$9.51
2020Detailed filing. Detailed filing data is available for this year.$28.7$8.29$20.4$24.3$15.2$9.18
2019Detailed filing. Detailed filing data is available for this year.$17.1$5.91$11.2$13.3$10.4$2.88
2018Detailed filing. Detailed filing data is available for this year.$8.92$0.57$8.35$11.6$4.49$7.11
2017Detailed filing. Detailed filing data is available for this year.$1.68$0.45$1.22$3.79$3.54$0.25
2016Detailed filing. Detailed filing data is available for this year.$2.80$1.83$0.97$3.67$3.65$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.37$0.43$0.94$2.29$1.65$0.65
2014Detailed filing. Detailed filing data is available for this year.$1.38$1.08$0.30$2.26$2.17$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.30$0.09$0.21$0.99$0.91$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.06$0.14$0.92
2011Summary only. Only limited summary data is available for this year.$0.26$0.17$0.09$0.95$0.86$0.09
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $25M-$50M nonprofits