Triangle Tool-plastek Industries Employee Benefit Trust
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Triangle Tool-plastek Industries Employee Benefit Trust is a 501(c)(9) organization based in Erie, Pennsylvania, registered in 1978, with $574,666 in FY2022 revenue. CharityIndex grades it C.
2425 West 23rd Street, Erie, PA, 16506 EIN 25-1327950 Since 1978
Revenue (FY2022)
$575K
▲ 245.9% vs prior year
Expenses (FY2022)
$262K
Net assets
$6.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Triangle Tool-plastek Industries Employee Benefit Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating275 mo reserves · +54% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Triangle Tool-plastek Industries Employee Benefit Trust: 275 mo reserves · +54% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Triangle Tool-plastek Industries Employee Benefit Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FTransparency10% of the rating0 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Triangle Tool-plastek Industries Employee Benefit Trust: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 2425 West 23rd Street, Erie, PA, 16506
- City
- Erie
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $7.4M (FY2013) to $575K (FY2022) across 10 reported years.
Financial snapshot
Financial health & position (FY2022)
Liabilities $0Net assets $6.0M
Operating margin
54.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.0M
Total liabilities
$0
Net assets
$6.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $574,666▲246% | $261,551▲57.4% | $5,989,333▲10.0% | $5,989,333▲10.0% | 990 |
| 2021 | $166,123 | $166,123 | $5,442,385▲5.2% | $5,442,385▲5.2% | 990 |
| 2020 | $166,123 | $166,123 | $5,175,408▲5.6% | $5,175,408▲5.6% | 990 |
| 2019 | $166,123▼41.1% | $166,123 | $4,901,142▲5.8% | $4,901,142▲5.8% | 990 |
| 2018 | $281,896▼17.2% | $166,123▼3.8% | $4,631,903▲2.6% | $4,631,903▲2.6% | 990 |
| 2017 | $340,386▼49.0% | $172,621▼30.3% | $4,516,130▲3.9% | $4,516,130▲3.9% | 990 |
| 2016 | $667,548▲106% | $247,654▲36.8% | $4,348,365▲10.7% | $4,348,365▲10.7% | 990 |
| 2015 | $324,802▼64.4% | $180,985▼29.2% | $3,928,471▲3.8% | $3,928,471▲3.8% | 990 |
| 2014 | $912,868▼87.6% | $255,740▼96.3% | $3,784,654▲21.0% | $3,784,654▲6.3% | 990 |
| 2013 | $7,388,057 | $6,952,264▲17.2% | $3,127,526▲16.2% | $3,560,104▲12.4% | 990 |
| 2012 | — | $5,933,011▲19.4% | $2,691,733▲5.5% | $3,168,377▲8.7% | 990 |
| 2011 | — | $4,968,691▲7.4% | $2,550,404▲4.5% | $2,914,232▲7.8% | 990 |
| 2010 | — | $4,625,072 | $2,440,349 | $2,704,353 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Triangle Tool-plastek Industries Employee Benefit Trust a legitimate nonprofit?
- Yes. Triangle Tool-plastek Industries Employee Benefit Trust is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 25-1327950, based in Erie, Pennsylvania.
- What is Triangle Tool-plastek Industries Employee Benefit Trust's EIN?
- Triangle Tool-plastek Industries Employee Benefit Trust's Employer Identification Number (EIN) is 25-1327950.
- How much revenue does Triangle Tool-plastek Industries Employee Benefit Trust report?
- Triangle Tool-plastek Industries Employee Benefit Trust reported $574,666 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- What financial grade does Triangle Tool-plastek Industries Employee Benefit Trust have?
- CharityIndex grades Triangle Tool-plastek Industries Employee Benefit Trust C, based on financial health (reserves and operating margin).
More nonprofits in Erie
Explore more
Data for Triangle Tool-plastek Industries Employee Benefit Trust (EIN 25-1327950) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.