Civic Intelligence

Wastecap Resource Solutions Inc.

990 • Fiscal year 2021 • EIN 39-1912471

Jan 01, 2021 to Dec 31, 2021 • Filed on May 06, 2022

2123 W Michigan StMilwaukee, WI 53233

(414) 961-1100

Siviq Scores

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

Liabilities / Assets

78th percentile

0.11x

Higher debt load relative to assets than 78% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

77th percentile

0.07x

Higher debt load relative to revenue than 77% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

59th percentile

15%

Higher net margin than 59% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

97th percentile

$80,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 22.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

52nd percentile

6.8%

Faster asset growth than 52% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

60th percentile

18%

Faster revenue growth than 60% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$238,754

Up $15,106 (+6.8%) from 2020

Net Assets

Up

$213,064

Up $54,217 (+34%) from 2020

Liabilities

Down

$25,690

Down $39,111 (-60%) from 2020

Revenue

Up

$362,969

Up $54,365 (+18%) from 2020

Expenses

Up

$308,752

Up $53,349 (+21%) from 2020

Net Income

Up

$54,217

Up $1,016 (+1.9%) from 2020

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $222,203Liabilities 2010: $25,725Net Assets 2010: $196,4782010Assets 2011: $344,008Liabilities 2011: $28,718Net Assets 2011: $315,2902011Assets 2012: $314,122Liabilities 2012: $20,591Net Assets 2012: $293,5312012Assets 2013: $232,570Liabilities 2013: $40,923Net Assets 2013: $191,6472013Assets 2014: $232,510Liabilities 2014: $25,915Net Assets 2014: $206,5952014Assets 2015: $341,400Liabilities 2015: $49,654Net Assets 2015: $291,7462015Assets 2016: $372,992Liabilities 2016: $70,846Net Assets 2016: $302,1462016Assets 2017: $273,058Liabilities 2017: $121,604Net Assets 2017: $151,4542017Assets 2018: $147,963Liabilities 2018: $58,671Net Assets 2018: $89,2922018Assets 2019: $129,369Liabilities 2019: $23,723Net Assets 2019: $105,6462019Assets 2020: $223,648Liabilities 2020: $64,801Net Assets 2020: $158,8472020Assets 2021: $238,754Liabilities 2021: $25,690Net Assets 2021: $213,0642021Assets 2022: $163,279Liabilities 2022: $14,622Net Assets 2022: $148,6572022Assets 2023: $235,847Liabilities 2023: $11,265Net Assets 2023: $224,5822023Assets 2024: $260,987Liabilities 2024: $9,315Net Assets 2024: $251,6722024

Highlighted filing

2021

Assets$238,754
Liabilities$25,690
Net Assets$213,064

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $396,4632010Expenses 2011: $712,4202011Expenses 2012: $385,6782012Revenue 2013: $309,151Expenses 2013: $411,035Net Income 2013: -$101,8842013Revenue 2014: $426,537Expenses 2014: $411,589Net Income 2014: $14,9482014Revenue 2015: $692,848Expenses 2015: $607,697Net Income 2015: $85,1512015Revenue 2016: $659,508Expenses 2016: $649,108Net Income 2016: $10,4002016Revenue 2017: $699,504Expenses 2017: $850,196Net Income 2017: -$150,6922017Revenue 2018: $706,748Expenses 2018: $768,910Net Income 2018: -$62,1622018Revenue 2019: $362,462Expenses 2019: $346,108Net Income 2019: $16,3542019Revenue 2020: $308,604Expenses 2020: $255,403Net Income 2020: $53,2012020Revenue 2021: $362,969Expenses 2021: $308,752Net Income 2021: $54,2172021Revenue 2022: $288,427Expenses 2022: $352,834Net Income 2022: -$64,4072022Revenue 2023: $347,161Expenses 2023: $271,236Net Income 2023: $75,9252023Revenue 2024: $318,727Expenses 2024: $291,637Net Income 2024: $27,0902024

Highlighted filing

2021

Revenue$362,969
Expenses$308,752
Net Income$54,217
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 6, 2022
Return Version
2021v4.1
Gross Receipts
$362,969
Mission and Program Overview

Mission

To provide waste reduction and

To provide waste reduction and recycling assistance for the benefit of business and the environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$129,150$81,523▼ $47,627
Land, Buildings, and Equipment, Net$990$48,456▲ $47,466
Accounts Receivable$28,501$47,535▲ $19,034
Savings and Temporary Cash Investments$30,000$30,000→ $0
Pledges and Grants Receivable$27,908$23,692▼ $4,216
Prepaid Expenses and Deferred Charges$6,023$6,742▲ $719
Intangible Assets$1,076$806▼ $270
Total Assets$223,648$238,754▲ $15,106
Liabilities
Unsecured Notes Loans Payable$43,277$0▼ $43,277
Accounts Payable and Accrued Expenses$21,524$25,690▲ $4,166
Other Liabilities$0--
Total Liabilities$64,801$25,690▼ $39,111
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$158,847$213,064▲ $54,217
Total Net Assets Fund Balance$158,847$213,064▲ $54,217
Total Liabilities and Net Assets / Fund Balance$223,648$238,754▲ $15,106

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$48,248$11,646$59,894
Equipment$208$6,954$7,162
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Daniel HartsigExecutive DirectorFT$80,000$80,000

Board Members and Trustees

NameTitle
John GardnerChair
Travis BlombergVice Chair
Andrew Avery-johnsonBoard Member
Brian GaughanBoard Member
Marty OxmanBoard Member
Neil Peters-michaudBoard Member
Shelley HeilmanBoard Member
Taylor LemkeBoard Member
Michael BrandtSecretary
David PellitteriTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$293,217
Program Service Revenue
$69,749
Investment Income
$3
Other Revenue
$0
Change in Net Assets
$54,217
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$223,583
Other Expenses$85,169
Total Fundraising Expense$24,720
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$88,661$17,500$2,500$108,661
Current Officers, Directors, Trustees, and Key Employees$48,000$16,000$16,000$80,000
Other Expenses$37,331$0$0$37,331
Payroll Taxes$10,737$2,632$1,454$14,823
Depreciation Depletion$12,698$0$0$12,698
Insurance$9,770$1,149$575$11,494
Other Employee Benefits$7,982$1,957$1,081$11,020
Pension Plan Contributions$6,577$1,612$890$9,079
Office Expenses$6,793$606$1,096$8,495
Occupancy$5,100$600$300$6,000
Fees for Services Accounting$0$1,497$0$1,497
Advertising$1,250$0$221$1,471
Travel$82$20$11$113
Total Functional Expenses$239,372$44,660$24,720$308,752
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
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Wastecap Resource Solutions Inc
EIN
39-1912471
Phone
4149611100
Address
2123 W MICHIGAN ST, MILWAUKEE, WI 53233

Signing Officer

Name
David Pellitteri
Title
Treasurer
Phone
4149611100
Signed
2022-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Pellitteri
Formed
1998
Legal Domicile
Wi
Voting Board Members
10
Independent Board Members
10
Employees
5
Volunteers
25

Preparer

Firm
Krause & Associates SC
Address
1214 Bridge Street, Grafton, WI 53024
Preparer
David Krause
Phone
2623779988
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The board of directors receives a copy of the 990 and applicable schedules for review and approval prior to filing with the IRS.

Pt VI, Line 12C

Board members complete conflict of interest statements on an annual basis.

Pt VI, Line 15A

The board reviews the executive director's salary and makes recommendations for increases in salary and benefits. Board members serve as volunteers and are not compensated.

Financial Statement Notes

Pt X, Line 2

WasteCap is a not-for-profit corporation as described in Section 501(c)(3) of the Internal Revenue Code and is exempt from federal income taxes on related income pursuant to Section 501(a) of the Code. WasteCap evaluates it tax positions and assesses their uncertainty, if any, through review and application of various sources of tax authority including statutes, regulations, rulings, court cases and widely held administrative practices. WasteCap's informational returns are subject to examination by the IRS, generally for three years after they were filed. Management believes that no uncertain tax positions exist for WasteCap at December 31, 2019 and 2018. WasteCap has not incurred any interest or penalties for income taxes for the years ended December 31, 2019 and 2018.

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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt02500
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt017500
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt088661
IRS990/OtherSalariesAndWagesGrp/TotalAmt0108661
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01454
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02632
IRS990/PayrollTaxesGrp/ProgramServicesAmt010737
IRS990/PayrollTaxesGrp/TotalAmt014823
IRS990/PensionPlanContributionsGrp/FundraisingAmt0890
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01612
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06577
IRS990/PensionPlanContributionsGrp/TotalAmt09079
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt027908
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt023692
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06023
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06742
IRS990/PrincipalOfficerNm0DAVID PELLITTERI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0238910
IRS990/ProgramServiceRevenueGrp/BusinessCd1611000
IRS990/ProgramServiceRevenueGrp/Desc0Fee for service recycling projects
IRS990/ProgramServiceRevenueGrp/Desc1Tours and events
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt069749
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0184380
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt07
IRS990/PYOtherExpensesAmt069231
IRS990/PYProgramServiceRevenueAmt0124217
IRS990/PYRevenuesLessExpensesAmt053201
IRS990/PYSalariesCompEmpBnftPaidAmt0186172
IRS990/PYTotalExpensesAmt0255403
IRS990/PYTotalRevenueAmt0308604
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt054217
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt069749
IRS990/SavingsAndTempCashInvstGrp/BOYAmt030000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt030000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0293217
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0184380
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0189180
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0198360
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0172094
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01037231
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt045
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0439
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04499
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04993
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01392747
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99520
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.98490
IRS990ScheduleA/PublicSupportTotal170Amt01037231
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0293217
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0184380
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0189180
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0198360
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0172094
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01037231
IRS990ScheduleA/TotalSupportAmt01042224
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0208
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06954
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07162
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt048248
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011646
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt059894
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0WasteCap is a not-for-profit corporation as described in Section 501(c)(3) of the Internal Revenue Code and is exempt from federal income taxes on related income pursuant to Section 501(a) of the Code. WasteCap evaluates it tax positions and assesses their uncertainty, if any, through review and application of various sources of tax authority including statutes, regulations, rulings, court cases and widely held administrative practices. WasteCap's informational returns are subject to examination by the IRS, generally for three years after they were filed. Management believes that no uncertain tax positions exist for WasteCap at December 31, 2019 and 2018. WasteCap has not incurred any interest or penalties for income taxes for the years ended December 31, 2019 and 2018.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt048456
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board of directors receives a copy of the 990 and applicable schedules for review and approval prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members complete conflict of interest statements on an annual basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board reviews the executive director's salary and makes recommendations for increases in salary and benefits. Board members serve as volunteers and are not compensated.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0223648
IRS990/TotalAssetsEOYAmt0238754
IRS990/TotalAssetsGrp/BOYAmt0223648
IRS990/TotalAssetsGrp/EOYAmt0238754
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0293217
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt024720
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt044660
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0239372
IRS990/TotalFunctionalExpensesGrp/TotalAmt0308752
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt064801
IRS990/TotalLiabilitiesEOYAmt025690
IRS990/TotalLiabilitiesGrp/BOYAmt064801
IRS990/TotalLiabilitiesGrp/EOYAmt025690

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.61$0.09$2.52$3.19$2.92$0.27
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.36$0.11$2.25$3.47$2.71$0.76
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.15$1.49$2.88$3.53$0.64
2021Detailed filing. Detailed filing data is available for this year.$2.39$0.26$2.13$3.63$3.09$0.54
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$0.65$1.59$3.09$2.55$0.53
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.24$1.06$3.62$3.46$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.59$0.89$7.07$7.69$0.62
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.73$1.22$1.51$7.00$8.50$1.51
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.73$0.71$3.02$6.60$6.49$0.10
2015Detailed filing. Detailed filing data is available for this year.$3.41$0.50$2.92$6.93$6.08$0.85
2014Detailed filing. Detailed filing data is available for this year.$2.33$0.26$2.07$4.27$4.12$0.15
2013Detailed filing. Detailed filing data is available for this year.$2.33$0.41$1.92$3.09$4.11$1.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.14$0.21$2.94$3.86
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.44$0.29$3.15$7.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$0.26$1.96$3.96
Peer Organizations

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