Civic Intelligence

Healthcare Industry Packaging Org

EIN 92-0992430 • 501(c)6 • Castle Rock, CO

NTEE E03

Profile

To promote the common business interests of persons and entities engaged in the healthcare packaging design and engineering profession by 1) holding educational and training conferences 2) publishing the outcomes of such conferences 3) funding research 4) other related acts

951 Buffalo Ridge RdCastle Rock, CO 80108-8186

www.thepackout.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

79th percentile

0.31x

Higher debt load relative to assets than 79% of similar nonprofits.

NTEE E • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.20x

Higher debt load relative to revenue than 75% of similar nonprofits.

NTEE E • $500k-$1M nonprofits • Source year 2024

Net Margin

60th percentile

15%

Higher net margin than 60% of similar nonprofits.

NTEE E • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE E • $500k-$1M nonprofits • Source year 2024

Asset Growth

90th percentile

113%

Faster asset growth than 90% of similar nonprofits.

NTEE E • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

58th percentile

15%

Faster revenue growth than 58% of similar nonprofits.

NTEE E • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$452,511

Up $240,348 (+113%) from 2023

Liabilities

Up

$138,880

Up $138,095 (+17592%) from 2023

Net Assets

Up

$313,631

Up $102,253 (+48%) from 2023

Operations
Liabilities / Revenue75th percentileNet Margin60th percentile

Revenue

Up

$692,053

Up $89,399 (+15%) from 2023

Expenses

Up

$589,800

Up $198,524 (+51%) from 2023

Net Income

Down

$102,253

Down $109,125 (-52%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth90th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2023: $212,163Liabilities 2023: $785Net Assets 2023: $211,3782023Assets 2024: $452,511Liabilities 2024: $138,880Net Assets 2024: $313,6312024

Highlighted filing

2024

Assets$452,511
Liabilities$138,880
Net Assets$313,631
Open 2024 Filing

Operations Trend

Revenue Growth58th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0Revenue 2023: $602,654Expenses 2023: $391,276Net Income 2023: $211,3782023Revenue 2024: $692,053Expenses 2024: $589,800Net Income 2024: $102,2532024

Highlighted filing

2024

Revenue$692,053
Expenses$589,800
Net Income$102,253
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$452,511
Liabilities
$138,880
Net assets
$313,631
Revenue
$692,053
Expenses
$589,800
Net income
$102,253
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.53$1.39$3.14$6.92$5.90$1.02
2023Detailed filing. Detailed filing data is available for this year.$2.12$0.01$2.11$6.03$3.91$2.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 28, 2025
Return Version
2023v6.0
Gross Receipts
$692,053
Mission and Program Overview

Mission

To promote the common business interests of persons and entities engaged in the healthcare packaging design and engineering profession by 1) holding educational and training conferences 2) publishing the outcomes of such conferences 3) funding research 4) other related acts

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$212,163$398,842▲ $186,679
Prepaid Expenses and Deferred Charges-$35,500-
Accounts Receivable-$18,169-
Total Assets$212,163$452,511▲ $240,348
Liabilities
Deferred Revenue-$91,560-
Accounts Payable and Accrued Expenses$785$47,320▲ $46,535
Total Liabilities$785$138,880▲ $138,095
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$211,378$313,631▲ $102,253
Total Net Assets Fund Balance$211,378$313,631▲ $102,253
Total Liabilities and Net Assets / Fund Balance$212,163$452,511▲ $240,348
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Jenn GoffPresident
Sarah RosenblumVice President
Brandon AbernathyDirector
Jill CinalliDirector
Rod PatchDirector
Kiley DjupstromSecretary
Karen PolkinghorneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$685,728
Investment Income
$6,325
Other Revenue
$0
Change in Net Assets
$102,253
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$589,800
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
Conferences and Meetings$551,830--$551,830
Fees for Services Other$16,553$7,816-$24,369
Fees for Services Accounting-$5,239-$5,239
Other Expenses$5,000--$5,000
Fees for Services Legal-$2,439-$2,439
Information Technology$499--$499
Office Expenses-$424-$424
Total Functional Expenses$573,882$15,918$0$589,800
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“Teasurer reviewed draft Form 990 prior to filing, agreeing financial amount to underlying accounting records and verifying responses to individual questions.”

Governing documents etc available to public Part VI line 19

“Access to governing documents may be obtained via inquiry through the organization website at www.thepackout.com.”

Filing and Contact Details

Filer

Filer Name
Healthcare Industry Packaging Org
EIN
92-0992430
Address
951 Buffalo Ridge Rd, Castle Rock, CO 80108-8186

Signing Officer

Name
Karen Polkinghorne
Title
Treasurer
Phone
3038101122
Signed
2025-02-28
Discuss with paid preparer
No

Organization Details

Principal Officer
Karen Polkinghorne
Formed
2022
Legal Domicile
Dc
Voting Board Members
6
Independent Board Members
1
Employees
0

Preparer

Firm
Gregor Accounting PA
Address
15977 Black Hickory Dr, Winter Garden, FL 34787
Preparer
Joseph Gregor
Phone
4074085688
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.