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Nonprofit · EIN 94-2566798

FRIENDS OF SCRAP INC

Tax-exempt · SAN FRANCISCO, CA 94124

Financials

$1M$949K2023$1.2M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF SCRAP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,187,906$1,097,296$90,610$692,048$26,983$665,065
December 31, 2023990$1,003,438$948,627$54,811$585,418$10,961$574,457
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$905,566
Program service revenue
$187,698
Investment income
$13,689
Net income from fundraising events
$18,578
Net income from sales of inventory
$55,850
Other revenue
$80,953

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$115,295
Other salaries and wages
$626,190
Salaries, compensation and benefits (total)
$855,915
Professional fundraising fees
$580
Accounting fees
$22,771
Occupancy
$27,562
Travel
$5,891
Depreciation
$13,637
Program services (functional)
$916,834
Management and general (functional)
$135,333
Fundraising (functional)
$45,129

Balance sheet and other

Total assets, start of year
$585,418
Total assets, end of year
$692,048
Total liabilities, end of year
$26,983
Net assets, end of year
$665,065
Land, buildings and equipment
$44,994
Net assets without donor restrictions
$665,065
Gross receipts
$1,710,608
Employees
25
Volunteers
120
Year formed
1978
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Terry KochanskiExecutive Dir
Officer
40$115,295
Merritt RichmondPresident
Trustee or director, Officer
2$0
Nina CoveneySecretary
Trustee or director, Officer
2$0
Therese MartinTreasurer
Trustee or director, Officer
2$0
Karen DonovanBd Member
Trustee or director
2$0
Mindy KirshnerBd Member
Trustee or director
2$0
Varun BhatiaBd Member
Trustee or director
2$0
Stephen LambrightBd Member
Trustee or director
2$0
Renee RichardsBd Member
Trustee or director
2$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Tterry KochinskiExecutive Dir
Officer
40$99,216
Merritt RichmondPresident
Trustee or director, Officer
2$0
Nina CoveneySecretary
Trustee or director, Officer
2$0
Therese F MarinTreasurer
Trustee or director, Officer
2$0
Karen DonavanBd Member
Trustee or director
2$0
Mindy KirshnerBd Member
Trustee or director
2$0
Varun BhatiaBd Member
Trustee or director
2$0
Matt PrembertonBd Member
Trustee or director
2$0
Christine PreziosiBd Member
Trustee or director
2$0

Address and contacts

Address (IRS master file)
141 INDUSTRIAL ST STE 1, SAN FRANCISCO, CA 94124-1915
In care of
% BEN DELANEY EX DIRECTOR
Principal officer (990 for 2024)
Merritt Richmond, 834 Toland St, San Francisco, CA 94124
Signed the 990
Merritt Richmond, President
Phone
(415) 647-1746
Return prepared by
Antoinette G Nies

California records

California keeps its own records of charities and corporations. Search them by EIN 94-2566798 or by the name FRIENDS OF SCRAP INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

Stimulate creativity environmental awareness in children and adults through promoting the creative reuse of matls that traditionally have been discarded as waste. Help teachers students by providing free very low-cost supplies divert materials from landfill help artists get materials at low cost create jobs.

990 for the year ended December 31, 2024

Program accomplishments

  • Solicit donations of useable materials from business, industry and families in the Bay Area. We display and sell this material in our public, 5,000 square foot Depot in San Franciscos Bayview neighborhood. SCRAP also provides classes and field trips to students in K-12 grades. These events stress the importance to the environment of reuse while also enabling the students to express themselves creatively.
    Expenses $916,834 · revenue $243,548

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
94-2566798
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1979
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C270)
Assets (IRS master file)
$692,048
Income (IRS master file)
$1,710,608

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,187,906$1,097,296$692,048XML
990December 2023$1,003,438$948,627$585,418XML
990December 2022$718,299$717,505$532,645IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-2566798).

Questions about FRIENDS OF SCRAP INC

What is the EIN of FRIENDS OF SCRAP INC?
The employer identification number (EIN) of FRIENDS OF SCRAP INC is 94-2566798.
Is FRIENDS OF SCRAP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
Are donations to FRIENDS OF SCRAP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF SCRAP INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FRIENDS OF SCRAP INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDS OF SCRAP INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FRIENDS OF SCRAP INC?
The 990 for the year ended December 31, 2024 names Merritt Richmond.
Who are the officers and directors of FRIENDS OF SCRAP INC?
The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $115,295 (Terry Kochanski, Executive Dir).
How much revenue does FRIENDS OF SCRAP INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,187,906, expenses of $1,097,296 and total assets of $692,048 at year end.

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