1 Plastic Life
Nonprofit profile at a glance
- EIN
- 824751909
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024
- Location
- Los Angeles, CA, USA
- Phone
- 3235005302
- Rating
- 53
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Recycling Programs
Reported finances
- Revenue
- $22,676
- Expenses
- $9,487
- Assets
- $25,270
- Liabilities
- $321
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- ARMANDO OCHOA (PRESIDENT)
People named in this filing
- ARMANDO OCHOA (PRESIDENT)
- MARCUS ROSENTHAL (SECRETARY)
- GERMAN LANDEROS (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Reduction of plastic pollution
What it reported doing in 2024
Main focus is reducing plastic pollution and providing job training opportunities for homeless
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 98% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 9
- Transparency & Controls: 100
- Sustainability: 75
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 6.2%; rating input score 6
- Program expense ratio: 14.8%; rating input score 15
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 58.2%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 2.66; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 1.4% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 23.1% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 24.7% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 6.2% of revenue deployed · 14.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $1K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 6/100.
- High — Financial Efficiency: Program expense ratio scored 15/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.