1 For The Planet Inc
- Assets
- $13.8m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 31
- Location
- Burlington, VT
- Founding
- 04/2006
- Data as of
- 12/2021
- 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 12/2021, 1 For The Planet Inc employed 31 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 12/2021, 1 For The Planet Inc generated $4.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $3.4m during the year ending 12/2021. While expenses have increased by 10.7% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
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 MARKETING TO BUILD VISIBILITY AND DEMAND FOR THE 1% FOR THE PLANET BRAND, BUILDING AND MAINTAINING PARTNERSHIPS TO CREATE OPPORTUNITIES TO EXTEND THE ORGANIZATION'S MISSION, ADDING NEW MEMBER COMPANIES AND INDIVIDUALS TO THE ORGANIZATION, AND PROVIDING MEMBER SERVICES TO MATRICULATE AND RENEW MEMBERSHIP TO THE ORGANIZATION AND TO CERTIFY MEMBER COMPANY GIVING. SPECIFICALLY, THE ORGANIZATION MANAGES AN ASSOCIATION WHOSE MEMBERS COMMIT TO DONATING AT LEAST ONE PERCENT OF THEIR ANNUAL REVENUES TO APPROVED THIRD PARTY ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Williams Executive Director | OfficerTrustee | 40 | $186,073 |
Elizabeth Whiteley Dir. Business Systems & Innovation | 40 | $101,831 | |
Kurt Weinsheimer Treasurer | OfficerTrustee | 1 | $0 |
Elizabeth Mcnichols Vice Chair | OfficerTrustee | 1 | $0 |
James Osgood Chair | OfficerTrustee | 2 | $0 |
Katherine Cousins Secretary | 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 | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,765,746 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,765,746 |
| Total Program Service Revenue | $2,781,542 |
| Investment income | $1,740 |
| 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 | $4,568,518 |
| 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. | $246,844 |
| Compensation of current officers, directors, key employees. | $12,342 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,630,863 |
| Pension plan accruals and contributions | $63,692 |
| Other employee benefits | $303,708 |
| Payroll taxes | $159,802 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $108,809 |
| Fees for services: Accounting | $79,840 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $253,277 |
| Advertising and promotion | $11,588 |
| Office expenses | $84,110 |
| Information technology | $214,334 |
| Royalties | $0 |
| Occupancy | $36,790 |
| Travel | $49,516 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,091 |
| Insurance | $3,255 |
| All other expenses | $12,432 |
| Total functional expenses | $3,357,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,613,046 |
| Savings and temporary cash investments | $461,190 |
| Pledges and grants receivable | $50,044 |
| Accounts receivable, net | $162,960 |
| 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 | $81,068 |
| Net Land, buildings, and equipment | $71,069 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $54,192 |
| Other assets | $8,349,313 |
| Total assets | $13,842,882 |
| Accounts payable and accrued expenses | $441,128 |
| Grants payable | $0 |
| Deferred revenue | $679,895 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $8,349,328 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $149,259 |
| Other liabilities | $129,000 |
| Total liabilities | $9,748,610 |
| Net assets without donor restrictions | $3,902,254 |
| Net assets with donor restrictions | $192,018 |
| 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 | $13,842,882 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that 1 For The Planet Inc has recieved totaling $117,100.
| Awarding Organization | Amount |
|---|---|
Progressive Multiplier Fund Washington, DC PURPOSE: Revenue Generation project | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $20,150 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $19,420 |
Give Lively Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $12,875 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
The Thomas Phillips And Jane Moore Johnson Foundation Telluride, CO PURPOSE: GENERAL CHARITABLE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Furniture Trust Organization Inc Arlington, MA | $739,128 | $7,076,929 |
1 For The Planet Inc Burlington, VT | $13,842,882 | $4,568,518 |
Finger Lakes Reuse Inc Ithaca, NY | $1,994,394 | $3,045,475 |
Fabscrap Inc Brooklyn, NY | $633,771 | $1,218,585 |
Bronx River Alliance Inc Bronx, NY | $1,741,591 | $1,231,886 |
Sure We Can Inc Brooklyn, NY | $493,950 | $1,303,285 |
Stark Mountain Foundation Inc Waitsfield, VT | $715,466 | $539,834 |
Friends Of The Upper Delaware River Hancock, NY | $990,040 | $867,642 |
National Onsite Wastewater Recycling Association Inc Westford, MA | $441,973 | $798,443 |
Student-Led Sustainable Initiatives Inc Dover, NH | $283,956 | $473,396 |
Northeast Recycling Council Brattleboro, VT | $1,206,462 | $754,846 |
Earthworm Inc Somerville, MA | $387,623 | $439,317 |