Project Regeneration

Nonprofit profile at a glance

EIN
861979768
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-N 2021
Location
Santa Rosa, CA, USA
Phone
2024558847
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Natural Resources Conservation and Protection

Reported finances

Revenue
$279,043
Expenses
$768,613
Assets
$28,862
Liabilities
$9,947

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Rajiv Joshi Sept 2024 - Feb 2025 (Executive Director)
  • Paul Hawken through August 2024 (Executive Director)
  • Jonathan van Gelder - Current (Executive Director)

Highest reported compensation

  • Rajiv Joshi Sept 2024 - Feb 2025 (Executive Director): $131,250 total reported compensation
  • Paul Hawken through August 2024 (Executive Director): $107,250 total reported compensation
  • Jonathan Hawken (Information Systems Manager): $102,689 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To bring humanity into alignment with the living world in order to end the climate crisis in one generation. It is a response to the urgency of the climate crisis, a growing set of interlocking initiatives that unlock our collective agency.

What it reported doing in 2024

Publicity and promotion of the book Regeneration. Developed and published website content on how to implement climate solutions.

Operating model

Revenue model
Donor-supported. 97% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 92
  • Accountability: 69
  • Sustainability: 4
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 88.8%; rating input score 89
  • Fundraising efficiency: $119.44 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -175.4%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.04; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 0.34; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 44.4%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 21.6% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: -49.1% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -51.7% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 88.8% of spending went to programs
  • Governance: 3 of 3 board members independent · 2 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $682K in reported program spending
  • Leadership: top reported pay $131K · 8 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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 — Accountability: Governance controls: 5 of 7 not reported.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.