Shippers of Recycled Textiles Inc

Nonprofit profile at a glance

EIN
521595998
IRS 990-EZ coverage
2012–2017
Forms available
Form 990-EZ 2017
Location
Abingdon, MD, USA
Phone
4436401050
Rating confidence
Limited
Sector
Recycling Programs

Official website

Reported finances

Revenue
$115
Expenses
$11,460
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • ERIC WARSHAW (PRESIDENT)
  • ERIC STUBIN (VICE PRESIDENT)

People named in this filing

  • ERIC WARSHAW (PRESIDENT)
  • ERIC STUBIN (VICE PRESIDENT)
  • JACKIE KING (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization is a non-profit shipper's trade association designed to benefit members by providing reduced ocean freights and additional services for the efficient transportation of used clothing, wipers, textiles, and textile waste products for shipment by sea and land. The organization also promotes the general welfare of shipper members by fostering and promoting a high standard of business ethics, providing a forum for the exchange of ideas, collecting and distributing information and econmic data pertaining to the shipment and distribution of recycled textiles, promoting technical research and development in the transportation of recycled textiles, and assisting legislative and governmental bodies and agencies by presenting the views of its members to such entities concerning matters affecting the welfare and interests of the recycled textile shippers industry.

What it reported doing in 2017

Through the aggregate volume of membership, the organization negotiates exclusive confidential service contracts with ocean carriers & nvocc's for reduced rates. Contracts cover full container loads for export of used clothing, wipers, textiles and textile waste in various trade lanes.

Operating model

Revenue model
Other-operating. 97% of the money available for current operations came from other operating revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -9,865.2%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -49.3% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -31.2% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2012 to 2017
  • Contacts: How to reach this organization
  • 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.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.