Plast Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To own, manage and maintain the building known as 144 2nd Avenue, New York New York 10003 so that excess rental income is used to provide financial aid to Plast Ukrainian Scouting Organizations.
- Income
- $210,578
- Spending
- $62,736
- Spent on programs
- 95%
- Reserves
- Over 10 years of spending
- Largest source of income
- other income, 78%
- Employees
- 0
- Volunteers
- 15
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100.
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 70% of income.
Income trend
15 of 15Income rose 18% on the year before.
Spending floor
15 of 1595% of spending went to programs.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 62 out of 100.
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $40,000 spent. Plast Ukrainian Scouting Organization - USA as follows:1. Plast USO New York Branch -$20,000 for general operating expenses2. Plast USO Philadelphia Branch - $5,000 for their 75th Anniversary3. Plast USO Chornomortsi Scouting Group - $5,000 to purchase canoes for their "water camps"4. Plast USO Vovcha Tropa Camp - $10,000 for general operating purposes
- $12,393 spent. Management and maintenance of the building known as 144 2nd Avenue New York new York 10003 so that excess rental income is used to provide financial aid to plast Ukrainian scouting organizations.
- $6,000 spent. Plast Conference Inc for the 60th anniversary of their Lisova Shkola counselor training camp
- $1,000 spent. Revived Soldies of Ukraine $1000 donation in memory of Bohdan Kuyshyn a long time Director who passed in 2024. Organization Provides Medical and humanitarian aid to wounded Ukrainian soldiers (a number of whom are Plast Scout memebers) who are recuperating in the United States.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1968.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Pbs Foundation (Arlington, VA), EIN 20-1476451. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.