Redesign human systems for the good of people and the planet by developing innovative, scalable solutions.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
$542K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $2.1M a year · 27% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$542K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
7 mo
of spending, in cash
Looks good: 7.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $1.3M
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$737K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.7M
-80% vs prior year
Spent
$8.0M
To programs
72%
Net assets
$8.2M
By yearFY2021–FY2024
Revenue
$3.7M
FY2024▼ -80%
Tap a bar for its year
Revenue by fiscal year
FY2021$2.9M
FY2022$4.8M
FY2023$19.0M
FY2024$3.7M
Expenses
$8.0M
FY2024▼ -10%
Tap a bar for its year
Expenses by fiscal year
FY2021$87K
FY2022$5.2M
FY2023$8.8M
FY2024$8.0M
Net assets
$8.2M
FY2024▼ -34%
Tap a bar for its year
Net assets by fiscal year
FY2021$2.8M
FY2022$2.3M
FY2023$12.5M
FY2024$8.2M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $5.8M Management & general 24% · $1.9M Fundraising 4% · $339K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $542K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$240,120Pt VII · Sec A
Director of Operations
$158,311Pt VII · Sec A
Director of Plastic Iq
$143,854Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
President/Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Shannon Bouton’s $240K as President & CEO is at the 91st percentile of top reported officer pay among 1851 $1–10M 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 · 7 named individuals · Part VII

NameFY2024FY2023FY2022
Shannon Bouton$240,120$302,780$190,760
Gwen Davidow$158,311$177,743$137,666
Michael Stockman$143,854$161,250—
Jeremy Douglas—$145,168$128,843
Mike Stockman——$112,195
Reinier Van Der Lely——$107,640
Ella Flaye——$104,294

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.

See Delterra INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops innovative solutions to improve human systems for people and the planet.

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Provided by the organization

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1 program · $5.8M · in their own filed words · FY2024
01

Rethinking recyclingwe transform the broken system of recycling by fixing the vicious cycle of unreliable demand and poor supply. We address poor supply by developing self-sustaining, community owned recycling programs and unreliable demand by working with corporate players to absorb the supply at a fair price on an ongoing basis.

$5.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$1.3M
See all 3 funders →
Grants paid · 2 grants · $542K · 2022–2023
Delterra International INCDC · FY2023$273,126
Delterra International INCDC · FY2022$269,104

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.7M
Ln 12
Gifts and grantsLn 1h$3.6M
Investment incomeLn 3$72K
Other incomeLn 4–11$39K
Money outPt IX
$8.0M
Ln 25
Programscol B$5.8M
Managementcol C$1.9M
Fundraisingcol D$339K
Owns and owesPt X
$8.2M
net assets · Ln 32
Cash and savingsLn 1–2$4.8M
Total assetsLn 16$8.9M
LiabilitiesLn 26$737K
PeoplePt VI, VII
10
listed · VII A
PaidVII A3
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.6M
Investment incomeLn 3$72K
Other incomeLn 4–11$39K
Total revenueLn 12$3.7M
Assets in detailPt X, end of year
CashLn 1$3.3M
SavingsLn 2$1.4M
Cash and savings togetherLn 1–2$4.8M
InvestmentsLn 11–13$244K
Other assetsLn 15$731
Total assetsLn 16$8.9M
LiabilitiesLn 26$737K
Net assetsLn 32$8.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$5.7M$4.8M
InvestmentsLn 11–13$1.2M$244K
Total assetsLn 16$14.1M$8.9M
LiabilitiesLn 26$1.6M$737K
Net assetsLn 32$12.5M$8.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$2.4M$2.4M
Pay of current officers, directors and key staffLn 5$467K$274K$192K
Other salaries and wagesLn 7$1.7M$1.1M$378K$196K
Pension plan contributionsLn 8$9K$8K$436$234
Other employee benefitsLn 9$133K$97K$35K$1K
Payroll taxesLn 10$306K$196K$109K$2K
Legal feesLn 11b$68K$18K$50K
Accounting feesLn 11c$221K$59K$162K
Investment management feesLn 11f$5K$5K
Other fees for servicesLn 11g$1.8M$1.6M$166K$88K
Office expensesLn 13$36K$17K$16K$3K
Information technologyLn 14$191K$10K$179K$1K
OccupancyLn 16$26K$26K
TravelLn 17$79K$36K$12K$30K
Conferences, conventions and meetingsLn 19$35K$16K$9K$10K
InsuranceLn 23$14K$1K$12K
Other expenses (24a–d)Ln 24$475K−$74K$542K$6K
All other expensesLn 24e$10K$1K$9K
Total functional expensesLn 25$8.0M$5.8M$1.9M$339K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $3.7M$8.0M−$4.2M$8.2M 990 PDF
FY2023 $19.0M$8.8M$10.1M$12.5M 990 PDF
FY2022 $4.8M$5.2M−$424K$2.3M 990 PDF
FY2021 $2.9M$87K$2.8M$2.8M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $3,738,080 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $18,924,923$3,626,532
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $5,006$72,258
I-11 Other revenuePrior year $42,564$39,290
I-12 Total revenuePrior year $18,972,493$3,738,080
I-13 Grants and similar amounts paidPrior year $3,782,570$2,398,682
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,098,294$2,582,877
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,957,045$2,987,426
I-18 Total expensesPrior year $8,837,909$7,968,985
I-19 Revenue less expensesPrior year $10,134,584−$4,230,905
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,738,080 across 6 lines filed
VIII-1d Related organizations$60,142
VIII-1f All other contributions, gifts and grants$3,566,390
VIII-1h Total contributions, gifts and grants$3,626,532
VIII-3 Investment incomeExcluded from tax $72,258$72,258
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $39,290$39,290
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $111,548$3,738,080
Part IX · Statement of functional expenses $7,968,985 across 18 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $2,398,682$2,398,682
IX-5 Pay of current officers, directors and key staffPrograms $274,472 · Management $192,320$466,792
IX-7 Other salaries and wagesPrograms $1,092,916 · Management $378,287 · Fundraising $196,395$1,667,598
IX-8 Pension plan contributionsPrograms $8,393 · Management $436 · Fundraising $234$9,063
IX-9 Other employee benefitsPrograms $96,830 · Management $34,674 · Fundraising $1,426$132,930
IX-10 Payroll taxesPrograms $195,695 · Management $108,740 · Fundraising $2,059$306,494
IX-11b Legal feesPrograms $18,318 · Management $49,979$68,297
IX-11c Accounting feesPrograms $59,323 · Management $161,864$221,187
IX-11f Investment management feesManagement $5,142$5,142
IX-11g Other fees for servicesPrograms $1,574,358 · Management $165,845 · Fundraising $88,152$1,828,355
IX-13 Office expensesPrograms $16,907 · Management $16,150 · Fundraising $2,708$35,765
IX-14 Information technologyPrograms $10,414 · Management $178,976 · Fundraising $1,260$190,650
IX-16 OccupancyPrograms $26,398$26,398
IX-17 TravelPrograms $36,413 · Management $11,972 · Fundraising $30,173$78,558
IX-19 Conferences, conventions and meetingsPrograms $16,104 · Management $9,172 · Fundraising $9,960$35,236
IX-23 InsurancePrograms $1,439 · Management $12,141$13,580
IX-24 Other expenses (24a–d)Programs −$73,661 · Management $541,993 · Fundraising $6,263$474,595
IX-24e All other expensesPrograms $1,000 · Management $8,663$9,663
IX-25 Total functional expensesPrograms $5,754,001 · Management $1,876,354 · Fundraising $338,630$7,968,985
Part X · Balance sheet $8,934,825 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $5,625,552$3,349,771
X-2 Savings and temporary cash investmentsStart of year $53,928$1,411,547
X-3 Pledges and grants receivableStart of year $6,894,139$3,894,892
X-9 Prepaid expenses and deferred chargesStart of year $52,482$34,338
X-11 Publicly traded securitiesStart of year $1,231,729$243,546
X-15 Other assetsStart of year $177,269$731
X-16 Total assetsStart of year $14,052,466$8,934,825
X-17 Accounts payable and accrued expensesStart of year $593,616$737,162
X-25 Other liabilitiesStart of year $992,555$0
X-26 Total liabilitiesStart of year $1,586,171$737,162
X-27 Net assets without donor restrictionsStart of year $4,212,503$2,820,549
X-28 Net assets with donor restrictionsStart of year $8,253,792$5,377,114
X-32 Total net assets or fund balancesStart of year $12,466,295$8,197,663
X-33 Total liabilities and net assetsStart of year $14,052,466$8,934,825
Part XI · Reconciliation of net assets $8,197,663 net assets at year end
XI-1 Total revenue$3,738,080
XI-2 Total expenses$7,968,985
XI-3 Revenue less expenses−$4,230,905
XI-4 Net assets at start of year$12,466,295
XI-5 Net unrealized gains (losses) on investments−$40,121
XI-8 Prior period adjustments$2,394
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$8,197,663

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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