Plast Foundation Inc
- Assets
- $1.2m
- Revenue
- $179.1k
- Investments
- $350.0
- Employees
- 0
- Location
- West Windsor, NJ
- Founding
- 02/1968
- Data as of
- 12/2023
- EIN
- 13-6266441
Organization Overview
Plast Foundation Inc is located in West Windsor, NJ. The organization was established in 1968. According to its NTEE Classification (I21) the organization is classified as: Youth Violence Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Plast Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Plast Foundation Inc generated $179.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $133.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO OWN, MANAGE AND MAINTAIN THE BUILDING KNOWN AS 144 2ND AVENUE, NEW YORK NEW YORK 10003 SO THAT EXCESS RENTAL INCOME IS USED TO PROVIDE FINANCIAL AID TO PLAST UKRAINIAN SCOUTING ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDS DONATED TO PLAST UKRAINIAN SCOUTING ORGANIZATION - NY BRANCH TO PROVIDE FINANCIAL AID FOR THE RENOVATION OF THEIR PREMISES WHICH ARE LOCATED IN THE BUILDING OWNED BY THE FOUNDATION. $1560 AS A DONATION, $1750 PAYMENT ON THEIR BEHALF TO EMTG CONSULTING AS PART OF OUR DONATION TO THEIR RENOVATION FUND, $98872 PAYMENT ON THEIR BEHALF TO DREAN CITY CONSTRUCTION AS PART OF OUR DONATION TO THEIR RENOVATION FUND.
FUNDS DONATED TO PLAST CONFERENCE INC FOR THEIR FUND RAISER TO PROVIDE MEDICAL AND HUMANITARIAN AID TO UKRAINE.
VOVCHA TROPA (UKRAINIAN SCOUT CAMP LOCATED IN EAST CHATHAM, NY OWNED BY PLAST UKRAINIAN SCOUTING ORGANIZATION -USA) PURCHASE CAMPING GEAR FOR TWO MONTH SCOUTING CAMPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bohdan S Sawycky President | OfficerTrustee | 3 | $0 |
Walter Myskiw Vice President | OfficerTrustee | 1 | $0 |
Orest Kebalo Secretary | OfficerTrustee | 1 | $0 |
Roman Sawycky Member | Trustee | 1 | $0 |
Oleh Dekajlo Member-Legal Ad | Trustee | 2 | $0 |
Andrea Kebalo Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,429 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,429 |
| Total Program Service Revenue | $0 |
| Investment income | $32,780 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $143,874 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $179,083 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $124,682 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $680 |
| Office expenses | $3,820 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $278 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $133,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,207,712 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $33,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $350 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,241,062 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $14,800 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,800 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $1,226,262 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,241,062 |
Grants Awarded
Over the last fiscal year, Plast Foundation Inc has awarded $124,682 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PLAST USO NYC BRANCH PURPOSE: Building Renovation Fund | $102,182 |
PLAST CONFERENCE INC PURPOSE: med & humanitarian aid to Ukr | $12,500 |
VOVCHA TROPA SCOUT CAMP PURPOSE: gear for summer camp | $10,000 |