Planet Wise Solutions EIN 26-1557382 Form 990 (PDF) Claim this org

Planet Wise Solutions FY2021 filing

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Provides clean water and sanitation solutions to underserved populations. For fiscal year 2021 it reported $22K in revenue, $14K in expenses, and $25K in net assets.Pt I

Founded
2008
Type
Public charity (501(c)(3)) · International
Location
Seattle, WA
Website
www.planetwisesolutions.org
Filings
4 on file (2021–2021)
Revenue
$22KFY2021
Expenses
$14K
Net assets
$25K
People
7
Filings
4
Updates
0
More identity details & actions ⌄
EIN  26-1557382 Public charity (501(c)(3)) Seattle, WA Founded 2008
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
Provides clean water and sanitation solutions to underserved populations.
Leadership
Charlie Cunniff · Board Chairperson
Money in and out
$22K revenue, $14K expenses
Bottom line
26% program efficiency
Where the money goes · FY2021
Total revenue
$22K
Pt VIII · Ln 12
Total expenses
$14K
Pt IX · Ln 25
Net assets
$25K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $8K
Where spending went · Part IX cols B–D
Program services $0.26 Management & general $0.03 Fundraising $0.71
Program efficiency
26%
of spending reaches programs
Operating runway
21.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+36%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$22K
FY2021
Expenses
$14K
FY2021
Total assets
$25K
FY2021
Total liabilities
$0
FY2021
Total revenue
$22K
Pt VIII · Ln 12
Total expenses
$14K
Pt IX · Ln 25
Net assets
$25K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$8K
Total assetsPt X · Ln 16$25K
Program-expense ratioPt IX · col B26%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $4K of program spending, described in the organization's own filed words · FY2020.
01

Water for Humans has redesigned the La Mazateca cookstove to correct a design flaw in the 25 that were constructed in Chiapas. We plan to replace all of the stoves (for the families who want them) with new stoves.

$4Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPlanet Wise Solutions
EINHdr · item D26-1557382
Principal addressHdr · item CSeattle, WA
WebsiteHdr · item Jwww.planetwisesolutions.org
Year of formationHdr · item L2008
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q30)
Ruling yearIRS BMFJun 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Board Chairperson
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board, Co-Director
$0Pt VII · Sec A
Board, Co-Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$22K
Total revenueLn 12$22K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.26 Management & general $0.03 Fundraising $0.71
Program services26%$4K
Management & general3%$485
Fundraising71%$10K
Total functional expensesLn 25$14K

Balance Sheet

Part X · end of year
CashLn 1$25K
Total assetsLn 16$25K
Total liabilitiesLn 26$0
Total net assetsLn 32$25K
Months of cash on handcomputed21.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $25K · Operating expenses/yr $14K
21.5 months
Where the money goes
Program services
Program services $4K · Total expenses $14K
26%
Management & General
Management & general $485 · Total expenses $14K
3%
Fundraising
Fundraising $10K · Total expenses $14K
71%
Cost to raise $1
Fundraising expense $10K · Solicited contributions $22K
$0.46 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $22K · Total revenue $22K
100%
Government reliance
Government grants $0 · Total revenue $22K
0%
Earned-income share
Program service revenue $0 · Total revenue $22K
0%
Investment reliance
Investment income $0 · Total revenue $22K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $14K
0%
Growth & trend
Revenue growth (YoY)
This year $22K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $25K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $22K · Expenses $14K
+36%
Liabilities-to-Assets
Total liabilities — · Total assets $25K
Net-asset ratio
Net assets $25K · Total assets $25K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $25K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Charlie Cunniff · Reported title Board Chairperson · Highest reported compensation $0 · Total expenses $14K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $343 · Total expenses $14K
2%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 26%
Overhead ratio 3%
Fundraising cost ratio 46%

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

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$155

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$10K revenue · ⤓ 990 PDF
FY2023$6K revenue · ⤓ 990 PDF
FY2022$7K revenue · ⤓ 990 PDF
FY2021$22K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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