Planet Aid INC
Protects the environment, reduces waste, and fosters global cooperation to alleviate poverty. For fiscal year 2024 it reported $37.3M in revenue, $39.0M in expenses, and $13.4M in net assets.Pt I
- Founded
- 1997
- Type
- Public charity (501(c)(3)) · International
- Location
- Milford, MA
- Website
- www.planetaid.org
- Filings
- 5 on file (2020–2024)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
James R Duckworth’s $186K as CFO is at the 28th percentile of top reported officer pay among 344 $10–100M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| James R Duckworth | $186,053 | $184,955 | $79,615 | — | — |
| Thomas Meehan | — | — | $106,028 | $168,386 | $168,610 |
| Fred Olsson | $155,491 | $160,926 | $160,596 | $134,804 | $127,799 |
| Marie Lichtenberg | $146,274 | $133,174 | $114,400 | $106,847 | $111,024 |
| Wayne Michaud | $144,690 | $107,590 | — | — | — |
| Ulrike Stosch | $137,852 | $129,027 | — | — | — |
| Keith Gregory | — | — | $135,328 | $112,616 | $105,502 |
| Suzanne Mabaso | $127,678 | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
U.s. Clothing Collection and Habitat Protection
Planet aid collected and processed 33,000 tons of used clothes, shoes and textile in states from maine to missouri. Collecting unwanted clothes saves landfill space and reduces production of methane.
International Aid
In 2024, planet aid continued with its support to organizations and communities in africa, asia, and latin america.
Domestic Charitable Activities
The organization supports various charitable activities in the united states through payments to a number of schools and other nonprofits.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 78% | — | — |
| Overhead ratio | 13% | — | — |
| Fundraising cost ratio | 9% | — | — |
| Revenue growth | -13% | — | — |
| Legal fee ratio | 1% | — | — |
| Accounting fee ratio | 0.3% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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