Flexible Intermediate Bulk Container Ass

Nonprofit profile at a glance

EIN
752374070
IRS 990 coverage
2021–2025
Forms available
Form 990 2025
Location
Peachtree Corners, GA, USA
Phone
9524128867
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$556,311
Expenses
$537,879
Assets
$446,442
Liabilities
$153,000

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • LUCAS KUNK (PRESIDENT)
  • HOWARD WEI (VICE PRESIDENT)
  • ERNIE GIORDANO (PAST PRESIDENT)
  • LEWIS ANDERSON (EXECUTIVE DIRECTOR)

Highest reported compensation

  • LEWIS ANDERSON (EXECUTIVE DIRECTOR): $228,500 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Fibca's mission is to: motivate customers to use fibcs to maximize their profitability, safety, and sustainability; and, educate its members about regulations and standards, promote the use of their products, and to be a strong voice for the fibc industry with regulatory agencies around the world.

What it reported doing in 2025

Education - national meetings / conferences - the flexible intermediate bulk container association (fibca) holds two national meetings a year, which bring together fibc manufacturers, distributors, and suppliers of services to the fibc industry. Fibca has 121 member companies located around the world. The national meetings consist of informative speakers, educational forums, and committee work sessions where members and staff address issues to enhance the safety and the welfare of the fibc industry.

Operating model

Revenue model
Earned-program. 96% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 66
  • Accountability: 79
  • Sustainability: 32
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.1%; rating input score 89
  • Program expense ratio: 93.6%; rating input score 94
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 3.3%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 0.83; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0.34; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 42.5%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: 27.5% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: 13.2% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 15.4% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 89.1% of revenue deployed · 93.6% of spending went to programs
  • Governance: 9 of 9 board members independent · 4 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $503K in reported program spending
  • Leadership: top reported pay $228K · 10 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $228K reported
  • Consistency: 20 of 20 current checks pass
  • Schedules: 3 filed schedules · includes executive pay
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.