Environment : Environmental Protection and Conservation

Planet Aid

For the Environment, For People

three stars

82.64

6730 Santa Barbara Court Elkridge, MD 21075
tel: (410) 796-1510   Web Site
EIN: 04-3348171

Board Leadership
Mikael Norling
Chairman

CEO
Fred Olsson
President and CEO

  Score
(out of 100)
Rating
Overall Score & Rating 82.64 three stars
  Financial 76.48 two stars
  Accountability & Transparency 93.00 four stars
This rating was published 04/01/2021 and includes data from FY2019, the most recent 990 received at that time.

Planet Aid's mission is to inform, mobilize, and inspire individuals and communities to work together to bring about worldwide environmental and social progress. We collect and recycle textiles to protect the environment, reduce waste, and increase the efficient use of vital resources. The proceeds from our clothes collection go toward funding sustainable development projects in Africa, Asia, and Latin America. We embrace the principles of equality and self-determination in all that we do and foster cooperation and understanding among peoples across the planet. Disadvantaged populations are our priority, and we seek to empower them to create lasting positive change.

Planet Aid's mission is to inform, mobilize, and inspire individuals and communities to work together to bring about worldwide environmental and social progress. We collect and recycle textiles to protect the environment, reduce waste, and increase the efficient use of vital resources. The proceeds from our clothes collection go toward funding sustainable development projects in Africa, Asia, and Latin America. We embrace the principles of equality and self-determination in all that we do and foster cooperation and understanding among peoples across the planet. Disadvantaged populations are our priority, and we seek to empower them to create lasting positive change.

Financial

two stars

76.48

Accountability & Transparency

four stars

93.00

This rating was published 04/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
84.1%
  Administrative Expenses 8.2%
  Fundraising Expenses 7.6%
  Fundraising Efficiency $0.09
  Working Capital Ratio (years) 0.18
  Program Expenses Growth 1.7%
  Liabilities to Assets 53.5%
All data for Financial Performance Metrics calculations was provided by Planet Aid on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Planet Aid on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $33,160,063
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $33,160,063
   Program Service Revenue $6,764,254
Total Primary Revenue $39,924,317
   Other Revenue $410,295
TOTAL REVENUE $40,334,612
   
EXPENSES  
   Program Expenses $34,582,438
   Administrative Expenses $4,204,292
   Fundraising Expenses $3,227,947
TOTAL FUNCTIONAL EXPENSES $42,014,677
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,680,065
   
Net Assets $7,635,203

Charts

Compensation % of Expenses Paid to Title
$131,183 0.31% Fred Olsson President & CEO
Other Salaries of Note
$162,493 0.38% Thomas Meehan CFO

Mission

Planet Aid's mission is to inform, mobilize, and inspire individuals and communities to work together to bring about worldwide environmental and social progress. We collect and recycle textiles to protect the environment, reduce waste, and increase the efficient use of vital resources. The proceeds from our clothes collection go toward funding sustainable development projects in Africa, Asia, and Latin America. We embrace the principles of equality and self-determination in all that we do and foster cooperation and understanding among peoples across the planet. Disadvantaged populations are our priority, and we seek to empower them to create lasting positive change.

Highly Rated

Charity Name & State Overall Score Overall Rating
Planet Aid (MD) 82.64 three stars
TreePeople (CA) 87.29 three stars
Center for Creative Land Recycling (CA) 86.73 three stars
Keep Pennsylvania Beautiful (PA) 96.27 four stars
Keep Indianapolis Beautiful (IN) 89.14 three stars

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Charity Contact Info

Planet Aid
6730 Santa Barbara Court
Elkridge, MD 21075
tel: (410) 796-1510
EIN: 04-3348171

Visit Web Site

Board Leadership

Mikael Norling
Chairman

CEO

Fred Olsson
President and CEO