1 For The Planet Inc
- Assets
- $10.3m
- Revenue
- $7.6m
- Investments
- $0.0
- Employees
- 57
- Location
- Burlington, VT
- Founding
- 04/2006
- Data as of
- 12/2023
- EIN
- 91-2151932
Organization Overview
1 For The Planet Inc is located in Burlington, VT. The organization was established in 2006. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. As of 12/2023, 1 For The Planet Inc employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 1 For The Planet 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 12/2023, 1 For The Planet Inc generated $7.6m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $7.4m during the year ending 12/2023. While expenses have increased by 18.1% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.1% FOR THE PLANET EXISTS TO ENSURE THAT OUR PLANET AND FUTURE GENERATIONS THRIVE. WE ENGAGE MEMBERS TO ACCELERATE SMART ENVIRONMENTAL GIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION CARRIES OUT ITS MISSION BY BUILDING THE BRAND, PARTNERS, MEMBERS, AND DONORS OF 1% FOR THE PLANET AND THE PLANET IMPACT FUND. THE MEMBERSHIP PROGRAM ACQUIRES, RETAINS, AND CERTIFIES THE ENVIRONMENTAL COMMITMENTS OF MEMBER ORGANIZATIONS. THE PLANET IMPACT FUND DELIVERS A PHILANTHROPY-DRIVEN IMPACT INVESTMENT AND GRANTING PROGRAM IN PARTNERSHIP WITH AN EXTERNAL FIDUCIARY AND INVESTMENT ADVISORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Curtis Director | Trustee | 1 | $0 |
James Osgood Chair | OfficerTrustee | 2 | $0 |
Georgina Miranda Director | Trustee | 1 | $0 |
Benjamin Peeters Director | Trustee | 1 | $0 |
Bree Arsenault Director | Trustee | 1 | $0 |
Elizabeth Mcnichols Vice Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cekomsi Public Relations | 12/30/14 | $125,004 |
Guru Media Solutions Llc Website Development | 12/30/14 | $163,900 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $44,796 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,859,619 |
| Noncash contributions included in lines 1a–1f | $83,548 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,904,415 |
| Total Program Service Revenue | $4,466,870 |
| Investment income | $146,308 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,558,776 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $340,649 |
| Compensation of current officers, directors, key employees. | $26,625 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,738,978 |
| Pension plan accruals and contributions | $183,304 |
| Other employee benefits | $593,637 |
| Payroll taxes | $319,362 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $188,845 |
| Fees for services: Accounting | $34,825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $220,630 |
| Advertising and promotion | $326,478 |
| Office expenses | $54,183 |
| Information technology | $477,265 |
| Royalties | $0 |
| Occupancy | $245,952 |
| Travel | $478,573 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,433 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,760 |
| Insurance | $5,402 |
| All other expenses | $129,964 |
| Total functional expenses | $7,381,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,665,633 |
| Savings and temporary cash investments | $1,175,109 |
| Pledges and grants receivable | $87,644 |
| Accounts receivable, net | $135,291 |
| 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 | $339,327 |
| Net Land, buildings, and equipment | $56,730 |
| Investments—publicly traded securities | $2,961,376 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $142,136 |
| Other assets | $3,744,813 |
| Total assets | $10,308,059 |
| Accounts payable and accrued expenses | $527,099 |
| Grants payable | $0 |
| Deferred revenue | $666,231 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $3,707,841 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $150,000 |
| Other liabilities | $32,499 |
| Total liabilities | $5,083,670 |
| Net assets without donor restrictions | $5,006,745 |
| Net assets with donor restrictions | $217,644 |
| 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 | $10,308,059 |