Civic Intelligence

Polymers Foundation Inc.

990 • Fiscal year 2017 • EIN 56-2126492

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 17, 2018

Organization ProfileN/A
8900 Research DrCharlotte, NC 28262

(704) 602-4100

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$85,091

Up $6,689 (+8.5%) from 2016

Net Assets

Up

$85,091

Up $6,689 (+8.5%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses

Revenue

Up

$10,000

Up $9,000 (+900%) from 2016

Expenses

Down

$3,311

Down $615,514 (-99%) from 2016

Net Income

Up

$6,689

Up $624,514 (+101%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $664,424Liabilities 2011: $0Net Assets 2011: $664,4242011Assets 2012: $684,723Liabilities 2012: $0Net Assets 2012: $684,7232012Assets 2013: $706,282Liabilities 2013: $0Net Assets 2013: $706,2822013Assets 2014: $670,942Liabilities 2014: $0Net Assets 2014: $670,9422014Assets 2015: $696,227Liabilities 2015: $0Net Assets 2015: $696,2272015Assets 2016: $78,402Liabilities 2016: $0Net Assets 2016: $78,4022016Assets 2017: $85,091Liabilities 2017: $0Net Assets 2017: $85,0912017Assets 2018: $94,499Liabilities 2018: $0Net Assets 2018: $94,4992018Assets 2019: $92,905Liabilities 2019: $0Net Assets 2019: $92,9052019Assets 2020: $91,940Liabilities 2020: $0Net Assets 2020: $91,9402020Assets 2021: $88,897Liabilities 2021: $0Net Assets 2021: $88,8972021Assets 2022: $293,510Liabilities 2022: $0Net Assets 2022: $293,5102022Assets 2023: $315,560Liabilities 2023: $0Net Assets 2023: $315,5602023Assets 2024: $351,191Liabilities 2024: $0Net Assets 2024: $351,1912024Assets 2025: $371,943Liabilities 2025: $0Net Assets 2025: $371,9432025

Highlighted filing

2017

Assets$85,091
Liabilities$0
Net Assets$85,091
Open 2017 Filing

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MExpenses 2011: $1,5942011Revenue 2012: $21,892Expenses 2012: $1,593Net Income 2012: $20,2992012Expenses 2013: $1,5942013Revenue 2014: $21,747Expenses 2014: $57,087Net Income 2014: -$35,3402014Revenue 2015: $26,882Expenses 2015: $1,597Net Income 2015: $25,2852015Revenue 2016: $1,000Expenses 2016: $618,825Net Income 2016: -$617,8252016Revenue 2017: $10,000Expenses 2017: $3,311Net Income 2017: $6,6892017Revenue 2018: $11,010Expenses 2018: $1,602Net Income 2018: $9,4082018Revenue 2019: $0Expenses 2019: $1,594Net Income 2019: -$1,5942019Revenue 2020: $2,600Expenses 2020: $3,565Net Income 2020: -$9652020Revenue 2021: $0Expenses 2021: $3,043Net Income 2021: -$3,0432021Revenue 2022: $227,228Expenses 2022: $3,929Net Income 2022: $223,2992022Revenue 2023: $16,633Expenses 2023: $5,572Net Income 2023: $11,0612023Revenue 2024: $38,280Expenses 2024: $24,978Net Income 2024: $13,3022024Revenue 2025: $20,476Expenses 2025: $14,378Net Income 2025: $6,0982025

Highlighted filing

2017

Revenue$10,000
Expenses$3,311
Net Income$6,689
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 17, 2018
Return Version
2016v3.1
Gross Receipts
$10,000
Mission and Program Overview

Mission

Receive, manage and allocate funds, in-kind donations and other things of value donated or otherwise provided to the foundation for specific purposes consistent with it's non-profit status. Those purposes shall include research and education relating to polymer science.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$52,180$50,586▼ $1,594
Cash and Non-Interest-Bearing Accounts$26,222$24,505▼ $1,717
Pledges and Grants Receivable-$10,000-
Total Assets$78,402$85,091▲ $6,689
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$78,402$85,091▲ $6,689
Total Net Assets Fund Balance$78,402$85,091▲ $6,689
Total Liabilities and Net Assets / Fund Balance$78,402$85,091▲ $6,689

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$50,586$13,176$63,762

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016-$10,000--$10,000
Compensation and Service Providers

Employees

NameTitleOtherTotal
Philip S ShoemakerMember$130,000$130,000

Board Members and Trustees

NameTitle
William DominickChairman
Mark DraheimMember
Terry PetersonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$10,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$6,689

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,000
Total Revenue per Audited Statements
$10,000
Total Revenue per Form 990
$10,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,311
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$1,594--$1,594
Fees for Services Legal$1,012--$1,012
Insurance$700--$700
Other Expenses$5--$5
Total Functional Expenses$3,311$0$0$3,311

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,311
Total Expenses per Audited Statements$3,311
Total Expenses per Form 990$3,311
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
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 is reviewed by the board of directors prior to its filing.”

Form 990, Page 6, Part VI, Line 12C

“The organization requests its board members to state if they have conflicts of interests. If these individuals do have a conflict, he/she is refrained from voting or using his/her personal influence directly or indirectly on issues presented to the board of directors. The member is not allowed to vote with respect to whether he/she has a conflict.”

Form 990, Page 6, Part VI, Line 15A

“The executive director receives compensation from a related party. If the organization decides to directly compensate the executive director, it will be subject to the board of directors' review and approval.”

Form 990, Page 6, Part VI, Line 19

“Governing documents and financial statements are made available to interested parties upon request.”

Filing and Contact Details

Filer

Filer Name
Polymers Foundation Inc
EIN
56-2126492
Phone
7046024100
Address
8900 RESEARCH DR, CHARLOTTE, NC 28262

Signing Officer

Name
Philip S Shoemaker
Title
Member
Phone
7046024100
Signed
2018-01-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Philip S Shoemaker
Formed
1998
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Bgw CPA Pllc
Address
1616 CAMDEN RD STE 510, CHARLOTTE, NC 28203-4756
Preparer
Richard a Blum
Phone
7045520553
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Receive, manage and allocate funds, in-kind donations and other things of value donated or otherwise provided to the foundation for specific purposes consistent with it's non-profit status. Those purposes shall include research and education relating to polymer science.”

Form 990, Page 2, Part III, Line 4D

“Receive, manage and allocate funds provided to the foundation for specific purposes consistent with its non-profit status.”

Raw XML Appendix352 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/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0RECEIVE, MANAGE AND ALLOCATE FUNDS, IN-KIND DONATIONS AND OTHER THINGS OF VALUE DONATED OR OTHERWISE PROVIDED TO THE FOUNDATION FOR SPECIFIC PURPOSES CONSISTENT WITH IT'S NON-PROFIT STATUS. THOSE PURPOSES SHALL INCLUDE RESEARCH AND EDUCATION RELATING TO POLYMER SCIENCE.
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0PHILIP SHOEMAKER
IRS990/BooksInCareOfDetail/PhoneNum07046024100
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08900 RESEARCH DR
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHARLOTTE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028262
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt026222
IRS990/CashNonInterestBearingGrp/EOYAmt024505
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt010000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt03311
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt06689
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt03311
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010000
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01594
IRS990/DepreciationDepletionGrp/TotalAmt01594
IRS990/Desc0RECEIVE, MANAGE AND ALLOCATE FUNDS PROVIDED TO THE FOUNDATION FOR SPECIFIC PURPOSES CONSISTENT WITH ITS NON-PROFIT STATUS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03311
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt01012
IRS990/FeesForServicesLegalGrp/TotalAmt01012
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0PHILIP S SHOEMAKER
IRS990/Form990PartVIISectionAGrp/PersonNm1WILLIAM DOMINICK
IRS990/Form990PartVIISectionAGrp/PersonNm2TERRY PETERSON
IRS990/Form990PartVIISectionAGrp/PersonNm3MARK DRAHEIM
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0130000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt010000
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0700
IRS990/InsuranceGrp/TotalAmt0700
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/JointCostsInd0X
IRS990/LandBldgEquipAccumDeprecAmt013176
IRS990/LandBldgEquipBasisNetGrp/BOYAmt052180
IRS990/LandBldgEquipBasisNetGrp/EOYAmt050586
IRS990/LandBldgEquipCostOrOtherBssAmt063762
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0RECEIVE, MANAGE AND ALLOCATE FUNDS, IN-KIND DONATIONS AND OTHER THINGS OF VALUE DONATED OR OTHERWISE PROVIDED TO THE FOUNDATION FOR SPECIFIC PURPOSES CONSISTENT WITH IT'S NON-PROFIT STATUS. THOSE PURPOSES SHALL INCLUDE RESEARCH AND EDUCATION RELATING TO POLYMER SCIENCE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt078402
IRS990/NetAssetsOrFundBalancesEOYAmt085091
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0BUSINESS EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt05
IRS990/OtherExpensesGrp/TotalAmt05
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt010000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0PHILIP S SHOEMAKER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0RECEIVE, MANAGE AND ALLOCATE FUNDS PROVIDED TO THE FOUNDATION FOR SPECIFIC PURPOSES CONSISTENT WITH ITS NON-PROFIT STATUS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0618825
IRS990/PYRevenuesLessExpensesAmt0-617825
IRS990/PYTotalExpensesAmt0618825
IRS990/PYTotalRevenueAmt01000
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt06689
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt010000
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt013000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt021882
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt021747
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt022153
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt065782
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt021882
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt021747
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt022153
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt065782
IRS990ScheduleA/InvestmentIncomeCYPct00.83000
IRS990ScheduleA/InvestmentIncomePYPct00.97000
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0true
IRS990ScheduleA/PrivateFoundation509Ind0X
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.16500
IRS990ScheduleA/PublicSupportPY509Pct00.03310
IRS990ScheduleA/PublicSupportTotal509Amt013000
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt010000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01000
IRS990ScheduleA/Total509Grp/TotalAmt013000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt010000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt022882
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt021747
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt023153
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt078782
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/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt010000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt010000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt03311
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt050586
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt013176
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt063762
IRS990ScheduleD/RevenueSubtotalAmt010000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt050586
IRS990ScheduleD/TotalExpensesPerForm990Amt03311
IRS990ScheduleD/TotalRevenuePerForm990Amt010000
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010000
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03311
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RECEIVE, MANAGE AND ALLOCATE FUNDS, IN-KIND DONATIONS AND OTHER THINGS OF VALUE DONATED OR OTHERWISE PROVIDED TO THE FOUNDATION FOR SPECIFIC PURPOSES CONSISTENT WITH IT'S NON-PROFIT STATUS. THOSE PURPOSES SHALL INCLUDE RESEARCH AND EDUCATION RELATING TO POLYMER SCIENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RECEIVE, MANAGE AND ALLOCATE FUNDS PROVIDED TO THE FOUNDATION FOR SPECIFIC PURPOSES CONSISTENT WITH ITS NON-PROFIT STATUS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION REQUESTS ITS BOARD MEMBERS TO STATE IF THEY HAVE CONFLICTS OF INTERESTS. IF THESE INDIVIDUALS DO HAVE A CONFLICT, HE/SHE IS REFRAINED FROM VOTING OR USING HIS/HER PERSONAL INFLUENCE DIRECTLY OR INDIRECTLY ON ISSUES PRESENTED TO THE BOARD OF DIRECTORS. THE MEMBER IS NOT ALLOWED TO VOTE WITH RESPECT TO WHETHER HE/SHE HAS A CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE DIRECTOR RECEIVES COMPENSATION FROM A RELATED PARTY. IF THE ORGANIZATION DECIDES TO DIRECTLY COMPENSATE THE EXECUTIVE DIRECTOR, IT WILL BE SUBJECT TO THE BOARD OF DIRECTORS' REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO INTERESTED PARTIES UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0POLYMERS CENTER OF EXCELLENCE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0562126490
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SEE SCH O
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt08900 RESEARCH DR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CHARLOTTE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd028262
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt010000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ENDOWMENT CONTRIBUTION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0POLYMERS CENTER OF EXCELLENCE INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt078402
IRS990/TotalAssetsEOYAmt085091
IRS990/TotalAssetsGrp/BOYAmt078402
IRS990/TotalAssetsGrp/EOYAmt085091
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt010000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03311
IRS990/TotalFunctionalExpensesGrp/TotalAmt03311
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt078402
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt085091
IRS990/TotalProgramServiceExpensesAmt03311
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt010000
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt078402
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt085091
IRS990/TotReportableCompRltdOrgAmt0130000
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt078402
IRS990/UnrestrictedNetAssetsGrp/EOYAmt085091
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08900 RESEARCH DR
IRS990/USAddress/CityNm0CHARLOTTE
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028262
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PHILIP S SHOEMAKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum07046024100
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-01-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POLYMERS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0POLY
ReturnHeader/Filer/EIN0562126492
ReturnHeader/Filer/PhoneNum07046024100
ReturnHeader/Filer/USAddress/AddressLine1Txt08900 RESEARCH DR
ReturnHeader/Filer/USAddress/CityNm0CHARLOTTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028262
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId044B1E28F6E6AAD99B2DC68E10DF9A5207C091EBA
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId05F509FA9584E663F19331DB7CC31EBC2B513F1DD
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461302809
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BGW CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01616 CAMDEN RD STE 510
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0282034756
ReturnHeader/PreparerPersonGrp/PhoneNum07045520553
ReturnHeader/PreparerPersonGrp/PreparationDt02018-01-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD A BLUM
ReturnHeader/ReturnTs02018-01-26T14:24:53-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$85,091
Liabilities
$0
Net assets
$85,091
Revenue
$10,000
Expenses
$3,311
Net income
$6,689
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.72$0.00$3.72$0.20$0.14$0.06
2024Detailed filing. Detailed filing data is available for this year.$3.51$0.00$3.51$0.38$0.25$0.13
2023Detailed filing. Detailed filing data is available for this year.$3.16$0.00$3.16$0.17$0.06$0.11
2022Detailed filing. Detailed filing data is available for this year.$2.94$0.00$2.94$2.27$0.04$2.23
2021Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.00$0.03$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.03$0.04$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.00$0.02$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.11$0.02$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.10$0.03$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.01$6.19$6.18
2015Detailed filing. Detailed filing data is available for this year.$6.96$0.00$6.96$0.27$0.02$0.25
2014Detailed filing. Detailed filing data is available for this year.$6.71$0.00$6.71$0.22$0.57$0.35
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.06$0.00$7.06$0.02
2012Summary only. Only limited summary data is available for this year.$6.85$0.00$6.85$0.22$0.02$0.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.64$0.00$6.64$0.02