Race to Zero Waste EIN 83-3305529

Race to Zero Waste

EIN  83-3305529 Public charity (501(c)(3)) South San Francisco, CA Founded 2019
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Size
$100K–1M
What they do
Promotes a circular economy through community training, education, and policy initiatives.
Leadership
Teresa Bradley · President & CEO · $70K
Money in and out
$900K revenue, $882K expenses
Bottom line
83% program efficiency

Promotes a circular economy through community training, education, and policy initiatives. For fiscal year 2024 it reported $900K in revenue, $882K in expenses, and $157K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$900K
Pt VIII · Ln 12
Total expenses
$882K
Pt IX · Ln 25
Net assets
$157K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $18K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.14 Fundraising $0.03
Program efficiency
83%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
1.6mo
months of highly liquid reserves at operating expense rate▼ -16% vs prior filing year
Surplus margin
+2%
revenue over expenses, this year▼ -66% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$900K
FY2024▲ +17%
Expenses
$882K
FY2024▲ +21%
Total assets
$157K
FY2024▲ +11%
Total liabilities
$0
FY2024▼ -100%
Total revenue
$900K
Pt VIII · Ln 12
Total expenses
$882K
Pt IX · Ln 25
Net assets
$157K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$18K
Total assetsPt X · Ln 16$157K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

2 program services account for $735K of program spending, described in the organization's own filed words · FY2024.
01

Zero Waste Ca

A fee for service program powered by zero waste project experience at fortune 500 companies, consulting firms, special events, local governments, and institutions thin the state of california.

$709Kprogram expense
02

Race to zero waste is the fiscal sponsor for the north bay zero waste symposium. The symposium fosters circularity talks and zero waste in northern california. It also empowers communities, businesses, and individuals to take action for a sustainable future through education, collaboration, and innovation, driving impactful change in…

$26Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRace to Zero Waste
EINHdr · item D83-3305529
Principal addressHdr · item CSouth San Francisco, CA
WebsiteHdr · item Jracetozerowaste.org
Year of formationHdr · item L2019
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C99)
Ruling yearIRS BMFSep 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & CEO
$70,311Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Teresa Bradley’s $70K as President & CEO is at the 52nd percentile of top reported officer pay among 1981 $100K–1M environment 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 · 6 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Teresa Bradley$70,311$60,805$52,243$39,520$30,207
Jeff Tuite$27,711$5,144$200
Hayden Sloan$11,925$5,109$5,109
Andrew De Los Santos$9,405$450
Marria Evbuoma$347$4,994
Daniella Menendez$290

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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Statement of Revenue

Part VIII
Program service revenue$839K · 93%
Contributions & grants$61K · 7%
Program service revenue93%$839K
Contributions & grants7%$61K
Total revenueLn 12$900K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.14 Fundraising $0.03
Program services83%$735K
Management & general14%$119K
Fundraising3%$27K
Total functional expensesLn 25$882K

Balance Sheet

Part X · end of year
CashLn 1$120K
Total assetsLn 16$157K
Total liabilitiesLn 26$0
Total net assetsLn 32$157K
Months of cash on handcomputed1.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $120K · Operating expenses/yr $882K
1.6 months
Where the money goes
Program services
Program services $735K · Total expenses $882K
83%
Management & General
Management & general $119K · Total expenses $882K
14%
Fundraising
Fundraising $27K · Total expenses $882K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $29K · Solicited contributions (3-yr avg) $28K
$1.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $61K · Total revenue $900K
7%
Government reliance
Government grants — · Total revenue $900K
Earned-income share
Program service revenue $839K · Total revenue $900K
93%
Investment reliance
Investment income $0 · Total revenue $900K
0%
Program self-sufficiency
Program service revenue $839K · Total expenses $882K
95%
Growth & trend
Revenue growth (YoY)
This year $900K · Prior year $772K
+17%
Revenue CAGR
FY2019 $160K · FY2024 $900K
+41%
Net-asset trend (YoY)
End of year $157K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $900K · Expenses $882K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $157K
Net-asset ratio
Net assets $157K · Total assets $157K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $157K
0%
People & payroll
Highest Reported Total Compensation
Individual Teresa Bradley · Reported title President & CEO · Highest reported compensation $70K · Total expenses $882K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $478K · Total expenses $882K
54%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 14%
Fundraising cost ratio 45%
Revenue growth 17%

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.

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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$772K revenue · ⤓ 990 PDF
FY2023$612K revenue · ⤓ 990 PDF
FY2022$255K revenue · ⤓ 990 PDF
FY2021$85K revenue · ⤓ 990 PDF
FY2020$160K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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