Recycling Works Inc
- Assets
- $66.5k
- Revenue
- $266.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Missoula, MT
- Founding
- Data as of
- 12/2021
- EIN
- 83-2250383
Organization Overview
Recycling Works Inc is located in Missoula, MT. As of 12/2021, Recycling Works Inc employed 5 individuals. Recycling Works 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 12/2021, Recycling Works Inc generated $266.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 25.8% each year . All expenses for the organization totaled $222.0k during the year ending 12/2021. While expenses have increased by 26.2% per year over the past 2 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
RECYCLING WORKS (RW) STRIVES TO FIND PROFESSIONAL AND EFFICIENT ENVIRONMENTAL SOLUTIONS THAT ELIMINATE EXCESS WASTE AND SAFEGUARD WESTERN MONTANA'S PRISTINE BEAUTY. RW ETHICALLY COMMITS TO SERVE THEIR COMMUNITY AND PROTECT THEIR ENVIRONMENT AND DONATE EXCESS REVENUES TO CHARITABLE CAUSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECYCLING WORKS, INC. IS FOCUSED ON BUILDING RECYCLING EFFORTS IN THE MISSOULA COMMUNITY AND MONTANA OVERALL. WE HOLD QUARTERLY GLASS DROP OFF EVENTS TO OFFER COMMUNITIES OUTSIDE OF MISSOULA THE OPPORTUNITY TO GET THEIR GLASS RECYCLED, INSTEAD OF LANDFILLED. WE ARE FOCUSED ON RECYCLING. DURING THE CURRENT YEAR WE RECYCLED 750,000 POUNDS OF GLASS AND 20,000 POUNDS OF ORGANICS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Casey Dunning President | OfficerTrustee | 2 | $0 |
Jerome Gannon VP / Treasurer | OfficerTrustee | 2 | $0 |
Andrew Sweet Secretary | OfficerTrustee | 2 | $0 |
Ted Geilen Executive Director | Officer | 29 | $30,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,025 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,682 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,707 |
| Total Program Service Revenue | $241,323 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $578 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $266,266 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,500 |
| 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. | $30,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $77,158 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,961 |
| Payroll taxes | $9,350 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,988 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,294 |
| Office expenses | $19,856 |
| Information technology | $2,043 |
| Royalties | $0 |
| Occupancy | $1,079 |
| Travel | $7,447 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,121 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,772 |
| Insurance | $5,814 |
| All other expenses | $5,595 |
| Total functional expenses | $221,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,295 |
| Savings and temporary cash investments | $15 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26 |
| 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 | $5,927 |
| Net Land, buildings, and equipment | $46,116 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,103 |
| Other assets | $0 |
| Total assets | $66,482 |
| Accounts payable and accrued expenses | $1,731 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $50,108 |
| Unsecured mortgages and notes payable | $500 |
| Other liabilities | $0 |
| Total liabilities | $52,339 |
| Net assets without donor restrictions | $14,143 |
| Net assets with donor restrictions | $0 |
| 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 | $66,482 |