Green Planet Team Textile Recycling Foundation
Nonprofit profile at a glance
- EIN
- 882511463
- IRS 990-EZ coverage
- 2023–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2022
- Location
- Houston, TX, USA
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $13,934
- Expenses
- $12,705
- Assets
- $1,329
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Tiffany Bocanegra (CEO)
- Maria Corral (Vice President)
People named in this filing
- Tiffany Bocanegra (CEO)
- Pedro Bocanegra (Tresurer)
- Maria Corral (Vice President)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The primary exempt purpose of an organization like Green Planet Team that gives back to the community by donating items to unserved communities as well as focusing on environmental conservation and sustainability educating the public about the benefits of recycling by planting trees in the community.
What it reported doing in 2023
Spring Closet Clean Out initiative designed to promote sustainability and educate the community about the circular economy. We collected donated clothes sorted them and repackaged them into bags based on size and gender for redistribution to the community. Concurrently attendees received education on home recycling techniques and the broader benefits of the circular economy.The program directly benefited 338 community members who participated in the clothing redistribution and educational session. This number reflects the individuals who actively engaged in the program by donating receiving clothes or attending the educational forum.Funding for this program covered the costs of collecting sorting and repackaging the clothes as well as organizing and conducting the educational sessions. Expenses were supported through local donations aimed at environmental sustainability projects. This program showcased effective use of resources to achieve significant environment impact.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% 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
SUPPORTED - The filed numbers largely add up. 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: 54
- Transparency & Controls: 100
- Sustainability: 39
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.3%; rating input score 52
- Program expense ratio: 57.4%; rating input score 57
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 8.8%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 0.1; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 52.3% of revenue deployed · 57.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $7K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 52/100.
- Review — Financial Efficiency: Program expense ratio scored 57/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.