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Product Quality Research Institute Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Medical Research / Research Institutes and/or Public Policy Analysis (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$325k (2023)

Expenses
$276k (2023)

Total Assets
$387k (2023)

Total Liabilities
$126k (2023)

Source: Form 990 tax filings from 2012 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$325,431
Expenses
$275,742
Net Income
$49,689
Net Assets
$260,284
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,000
0.3%
Program Services $316,395
97.2%
Investment Income $5,696
1.8%
Bond Proceeds $0
Royalties $575
0.2%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,765
0.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $386,533
Total Liabilities $126,249
Net Assets $260,284
Compensation
Key Employees and Officers Compensation Related Other
Glenn Wright (Chair) $0 $0 $0
Mehran Yazdanian (Treasurer) $0 $0 $0
Diane Paskiet (Director) $0 $0 $0
Doug Kiehl (Director) $0 $0 $0
Richard Hutchinson (Director From 2/1/23) $0 $0 $0
Wenlei Jiang (Director Thru 1/31/23) $0 $0 $0
John Punzi (Director Thru 1/31/23) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$208,987
Expenses
$254,415
Net Income
-$45,428
Net Assets
$258,011
Notable Sources of Revenue Percent of Total Revenue
Contributions $98,000
46.9%
Program Services $80,663
38.6%
Investment Income $5,875
2.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $24,449
11.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $299,261
Total Liabilities $41,250
Net Assets $258,011
Compensation
Key Employees and Officers Compensation Related Other
John Punzi (Director) $0 $0 $0
Mehran Yazdanian (Treasurer) $0 $0 $0
Glenn Wright (Chair) $0 $0 $0
Diane Paskiet (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$151,036
Expenses
$230,376
Net Income
-$79,340
Net Assets
$370,931
Notable Sources of Revenue Percent of Total Revenue
Contributions $95,000
62.9%
Program Services $20,482
13.6%
Investment Income $7,619
5.0%
Bond Proceeds $0
Royalties $268
0.2%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $27,667
18.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $412,181
Total Liabilities $41,250
Net Assets $370,931
Compensation
Key Employees and Officers Compensation Related Other
Jennifer Ahearn (Director Thru 3/5/21) $0 $0 $0
John Punzi (Director) $0 $0 $0
Stephen Tyler (Chair Thru 3/5/21) $0 $0 $0
Mehran Yazdanian (Treasurer) $0 $0 $0
Glenn Wright (Chair Start 3/6/21) $0 $0 $0
Diane Paskiet (Director Start 3/6/21) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$99,707
Expenses
$198,733
Net Income
-$99,026
Net Assets
$406,239
Notable Sources of Revenue Percent of Total Revenue
Contributions $59,000
59.2%
Program Services $0
Investment Income $12,612
12.6%
Bond Proceeds $0
Royalties $167
0.2%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $27,928
28.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $489,900
Total Liabilities $83,661
Net Assets $406,239
Compensation
Key Employees and Officers Compensation Related Other
Jennifer Ahearn (Director) $0 $0 $0
John Punzi (Director) $0 $0 $0
Stephen Tyler (Chair) $0 $0 $0
Mehran Yazdanian (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$308,591
Expenses
$332,206
Net Income
-$23,615
Net Assets
$541,685
Notable Sources of Revenue Percent of Total Revenue
Contributions $115,000
37.3%
Program Services $174,225
56.5%
Investment Income $16,567
5.4%
Bond Proceeds $0
Royalties $247
0.1%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,140
0.4%
Net Inventory Sales $0
Other Revenue $1,412
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $583,541
Total Liabilities $41,856
Net Assets $541,685
Compensation
Key Employees and Officers Compensation Related Other
Peg Szymczak Thru 119 (Chair) $0 $0 $0
Stephen Tyler As Of 219 (Chair) $0 $0 $0
Mehran Yazdanian (Treasurer) $0 $0 $0
Tina Morris (Director) $0 $0 $0
Jennifer Ahearn (Director) $0 $0 $0
John Punzi (Director As Of 04/19) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$223,072
Expenses
$264,245
Net Income
-$41,173
Net Assets
$548,064
Notable Sources of Revenue Percent of Total Revenue
Contributions $40,000
17.9%
Program Services $169,501
76.0%
Investment Income $14,066
6.3%
Bond Proceeds $0
Royalties $554
0.2%
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,049
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $576,976
Total Liabilities $28,912
Net Assets $548,064
Compensation
Key Employees and Officers Compensation Related Other
Margaret M Szymczak (Chair) $0 $0 $0
Mehran Yazdanian (Treasurer) $0 $0 $0
Tina Morris (Director) $0 $0 $0
Stephen Tyler (Director) $0 $0 $0
Jennifer Ahearn (Director) $0 $0 $0
Robert Femia Thru 218 (Director) $0 $0 $0
Richard Levy Thru 718 (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$390,599
Expenses
$347,628
Net Income
$42,971
Net Assets
$576,981
Notable Sources of Revenue Percent of Total Revenue
Contributions $117,780
30.2%
Program Services $259,045
66.3%
Investment Income $13,257
3.4%
Bond Proceeds $0
Royalties $517
0.1%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $605,858
Total Liabilities $28,877
Net Assets $576,981
Compensation
Key Employees and Officers Compensation Related Other
Anthony Destefano Phd (Chair) $0 $0 $0
Louis Yu Phd (Treasurer) $0 $0 $0
Vinod Shah Phd (Director) $0 $0 $0
Stephen Tyler (Director) $0 $0 $0
Margaret M Szymczak (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$303,844
Expenses
$347,610
Net Income
-$43,766
Net Assets
$508,797
Notable Sources of Revenue Percent of Total Revenue
Contributions $162,750
53.6%
Program Services $134,560
44.3%
Investment Income $13,102
4.3%
Bond Proceeds $0
Royalties $471
0.2%
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$7,039
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $555,342
Total Liabilities $46,545
Net Assets $508,797
Compensation
Key Employees and Officers Compensation Related Other
Anthony Destefano Phd (Chair) $0 $0 $0
Louis Yu Phd (Treasurer) $0 $0 $0
Vinod Shah Phd (Director) $0 $0 $0
Stephen Tyler (Director) $0 $0 $0
Margaret M Szymczak (Director) $0 $0 $0
Victoria Penn Thru 915 (Executive Secretary) $0 $4,661 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$452,548
Expenses
$296,266
Net Income
$156,282
Net Assets
$548,937
Notable Sources of Revenue Percent of Total Revenue
Contributions $114,000
25.2%
Program Services $329,387
72.8%
Investment Income $8,355
1.8%
Bond Proceeds $0
Royalties $806
0.2%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $91,173
30.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $569,041
Total Liabilities $20,104
Net Assets $548,937
Compensation
Key Employees and Officers Compensation Related Other
Victoria Penn (Executive Secretary) $78,972 $0 $11,520
Anthony De Stefano (Chair) $0 $0 $0
Louis Yu Ph D (Treasurer) $0 $0 $0
Margaret M Szymczak Ph D (Director) $0 $0 $0
Kevin Hool Ph D (Director) $0 $0 $0
Vinod Shah Ph D (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$128,356
Expenses
$219,046
Net Income
-$90,690
Net Assets
$400,600
Notable Sources of Revenue Percent of Total Revenue
Contributions $77,500
60.4%
Program Services $34,449
26.8%
Investment Income $9,403
7.3%
Bond Proceeds $0
Royalties $5,959
4.6%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $857
0.7%
Net Inventory Sales $0
Other Revenue $188
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $89,517
40.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $421,320
Total Liabilities $20,720
Net Assets $400,600
Compensation
Key Employees and Officers Compensation Related Other
Victoria Penn (Executive Secretary) $77,260 $0 $16,264
Mario L Rocci Jr Ph D (Chair) $0 $0 $0
Anthony De Stefano (Chair) $0 $0 $0
Louis Yu Ph D (Treasurer) $0 $0 $0
Margaret M Szymczak Ph D (Director) $0 $0 $0
Rachael Roehrig Ph D (Director) $0 $0 $0
Avraham Yacobi Ph D (Director) $0 $0 $0
Vinod Shah Ph D (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$277,594
Expenses
$315,188
Net Income
-$37,594
Net Assets
$449,416
Notable Sources of Revenue Percent of Total Revenue
Contributions $48,750
17.6%
Program Services $197,042
71.0%
Investment Income $8,178
2.9%
Bond Proceeds $0
Royalties $2,064
0.7%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $21,560
7.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $87,386
27.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $461,037
Total Liabilities $11,621
Net Assets $449,416

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$117,510
Expenses
$188,632
Net Income
-$71,122
Net Assets
$499,557
Notable Sources of Revenue Percent of Total Revenue
Contributions $77,500
66.0%
Program Services $33,622
28.6%
Investment Income $6,388
5.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $81,007
42.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $519,448
Total Liabilities $19,891
Net Assets $499,557

Document Links

Fiscal Year Ending June
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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