Think Beyond Plastic Foundation
- Assets
- $361.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carmel, CA
- Founding
- 11/2018
- Data as of
- 12/2022
- EIN
- 82-3886116
Organization Overview
Think Beyond Plastic Foundation is located in Carmel, CA. The organization was established in 2018. According to its NTEE Classification (C20) the organization is classified as: Pollution Abatement & Control, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Think Beyond Plastic Foundation 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 12/2022, Think Beyond Plastic Foundation generated $59.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (36.7%) each year. All expenses for the organization totaled $153.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THINK BEYOND PLASTIC FOUNDATION IS A NON-PROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES, SPECIFICALLY TO START, SUPPORT AND ADVANCE A GLOBAL WAVE OF INNOVATION FOR ALTERNATIVES TO CONVENTIONAL, NON-FOSSIL FUEL BASED PLASTIC MATERIALS.
Describe the Organization's Program Activity:
Part 3
THINK BEYOND PLASTIC FOUNDATION CONDUCTS INNOVATION CHALLENGES TO IDENTIFY ALTERNATIVES TO SINGLE-USE DISPOSABLE PLASTIC. THE WINNERS PARTICIPATE IN AN ACCELERATION PROGRAM CONDUCTED BY THINK BEYOND PLASTIC AND PRESENT THEIR INNOVATION AT AN ANNUAL INVESTOR FORUM ORGANIZED BY THINK BEYOND PLASTIC. IN THE 2019, THE INNOVATION CHALLENGE PRODUCED IN COLLABORATION WITH THE KLOSTERS FORUM ATTRACTED 400+ APPLICATIONS AND CONTINUED TO CATALYZE INNOVATION FOR SAFER CHEMICALS, BIO-BENIGN MATERIALS AND PRODUCT DELIVERY SYSTEMS IN FMCG AND AGRICULTURE. WE BEGAN WORK ON AN INNOVATION CHALLENGE FOR NEW MATERIALS WITH UNILEVER, AND AG PLASTICS UNNIVATION CHALLENGE WITH DRISCOLLS. BOTH OF THESE CHALLENGES ARE PLANNED FOR 2020.
AN ESSENTIAL PART OF THE ACTIVITIES INCLUDES TRAINING STUDENTS IN DEVELOPING A SYSTEMS VIEW OF THE PLASTIC POLLUTION PROBLEM AND INCORPORATING THIS VIEW IN GRADUATE PROGRAMS AT UNIVERSITIES. IN COLLABORATION WITH MIDDLEBURY INSTITUTE AT MONTEREY, WE HAVE PRODUCED CLASSES AND EDUCATIONAL PROGRAMS TO FACILITATE THIS LEARNING. WE ALSO PRODUCED A STORY OF ALL THE INNOVATORS TO SHARE WITH THE STUDENTS AND INSPIRE THEIR WORK. TWO GRANTS WERE ISSUED TO SUPPORT THIS WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniella Russo President | 40 | $7,580 | |
Gregory Baxter Secretary | 40 | $7,580 | |
Dorothy Oakes Treasurer | 2 | $0 | |
Charles Baxter Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,541 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,541 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,160 |
| Professional fees and other payments to independent contractors | $610 |
| Occupancy, rent, utilities, and maintenance | $9,329 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $127,631 |
| Total expenses | $153,230 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $361,319 |
| Other assets | $0 |
| Total assets | $361,319 |
| Total liabilities | $0 |
| Net assets or fund balances | $361,319 |