2021-07-07T16:18:32-05:00 2020-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2020-01-01 043348171 PLANET AID INC PLAN 5088930644 47 SUMNER STREET MILFORD MA 01757 THOMAS MEEHAN CFO 5088930644 2021-05-06 1 THOMAS MEEHAN XXX-XX-XXXX COURTNEY MCFARLAND CPA P01645518 5083669100 2021-05-06 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z THOMAS MEEHAN 47 SUMNER STREET MILFORD MA 01757 30597608 0 X WWW.PLANETAID.ORG X 1997 MA PROTECT THE ENVIRONMENT, REDUCE WASTE, AND INCREASE THE EFFICIENT USE OF VITAL RESOURCES. REDUCE POVERTY AND FOSTER DIRECT COOPERATION AND UNDERSTANDING AMONG PEOPLE ACROSS THE PLANET. 6 5 334 5 -109 0 33160063 24263172 6764254 4661380 25761 205549 384534 551152 40334612 29681253 8014364 4621690 0 0 14708609 10983506 0 0 1795378 19291704 13263755 42014677 28868951 -1680065 812302 16446342 14847428 8811139 6399923 7635203 8447505 X PROTECT THE ENVIRONMENT, REDUCE WASTE, AND INCREASE THE EFFICIENT USE OF VITAL RESOURCES. STRENGTHEN AND ORGANIZE COMMUNITIES, REDUCE POVERTY AND PROMOTE SMALL ENTERPRISE DEVELOPMENT, SUPPORT SUSTAINABLE LOCAL FOOD PRODUCTION, IMPROVE ACCESS TO TRAINING AND QUALITY EDUCATION, INCREASE HEALTH AWARENESS AND ENCOURAGE HEALTHY LIFESTYLES, FOSTER DIRECT COOPERATION AND UNDERSTANDING AMONG PEOPLE ACROSS THE PLANET AND HELP DISADVANTAGED POPULATIONS OF THE WORLD CREATE LASTING POSITIVE CHANGE. 0 0 4674336 4430047 4670322 INTERNATIONAL AID: SUPPORT WAS LIMITED IN 2020 DUE TO CIVID-19. PLANET AID CONTINUED ITS SUPPORT TO ORGANIZATIONS AND COMMUNITIES MOZAMBIQUE: EDUCATION OF PRIMARY SCHOOL TEACHERS, SCHOOL MEALS AND LITERACY PROGRAM. 18986787 191643 446635 U.S. CLOTHING COLLECTION AND HABITAT PROTECTION: PLANET AID COLLECTED AND PROCESSED 34,000 TONS OF USED CLOTHES, SHOES AND TEXTILE IN STATES FROM MAINE TO MISSOURI. COLLECTING UNWANTED CLOTHES SAVES LANDFILL SPACE AND REDUCES PRODUCTION OF METHANE. REUSING ALREADY MANUFACTURED CLOTHING AND OTHER TEXTILES SAVES MILLIONS OF GALLONS OF WATER AND REDUCES THE USE OF FERTILIZER AND PESTICIDES (IN COTTON PRODUCTION). RECYCLING OR REUSING ONE POUND OF CLOTHES SAVES ON AVERAGE 3.6 LBS OF CO2. IN 2020, PLANET AID SAVED 114,000 METRIC TONS OF CO2 THROUGH ITS RECYCLING EFFORTS - A SIGNIFICANT CONTRIBUTION IN THE FIGHT AGAINST GLOBAL WARMING AND CLIMATE CHANGE. 349326 INTERNATIONAL TRAINING AND CAPACITY BUILDING: AS PART OF ITS COMMITMENT TO INTERNATIONAL DEVELOPMENT, PLANET AID UNDERTAKES PROGRAMS OF INTERNATIONAL EXCHANGE AND TRAINING AS WELL AS INFORMATION AND EDUCATION OF THE US PUBLIC IN MATTERS RELATED TO INTERNATIONAL DEVELOPMENT. PLANET AID WORKS CLOSELY WITH NON-GOVERNMENTAL ORGANIZATIONS IN A NUMBER OF DEVELOPING COUNTRIES TO ASSIST THEM BUILDING STAFF CAPACITY AND MOVE TOWARDS SELF-SUSTAINABILITY. PLANET AID ALSO CONDUCTS EDUCATION PROGRAMS IN COOPERATION WITH PUBLIC AND PRIVATE SCHOOLS AND THROUGH PARTICIPATION IN EVENTS IN COMMUNITIES WHERE PLANET AID IS ACTIVE. 24010449 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 348 0 1 334 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA CA CT DE KS MD MI PA NC NH NJ NY RI WV MO SC KY FL IL VA X X X X THOMAS MEEHAN 5088930644 47 SUMNER STREET MILFORD MA 01757 THOMAS MEEHAN CFO 40.00 X 168610 0 92 FRED OLSSON PRESIDENT, CEO, CLERK 40.00 X X 127799 0 4107 KAI NIELSEN REGIONAL MANAGER 40.00 X 118872 0 11403 MARIE LICHTENBERG DIRECTOR OF INTERNATIONAL 40.00 X 111024 0 4967 CEDRIC HORTON RETAIL MANAGER 40.00 X 100368 0 13072 KEITH GREGORY OPERATIONS MANAGER 40.00 X 105502 0 6385 FRANK FOWLER BALTIMORE OPERATIONS MANAG 40.00 X 108085 0 704 MIKAEL NORLING CHAIRMAN 1.00 X X 0 0 0 EVA NIELSEN TREASURER 1.00 X X 0 0 0 JYTTE MARTINUSSEN DIRECTOR 1.00 X 0 0 0 FERNANDO BIHNAFA DIRECTOR 1.00 X 0 0 0 ERIC NEWMAN DIRECTOR 1.00 X 0 0 0 840260 0 40730 8 0 1 0 NELSON MULLINS RILEY & SCARBOROUGH LL 1320 MAIN STREET 17TH FLOOR COLUMBIA SC 29201 LAWYER 590840 ROBERT GRAY 5225 FARRINGTON ROAD BETHESDA MD 20816 GRANT WRITER 159398 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 AUDIT AND ACCOUNTING 125395 3 2665700 21597472 21579559 24263172 FEES AND CONTRACTS FROM GOVERNMEN 624200 4661380 4661380 4661380 5857 5857 126373 30689 95684 95684 95684 330700 131008 199692 199692 199692 852248 754658 97590 97699 -109 SREC SALES 221000 147015 147015 OTHER REVENUE 900099 134216 134216 SOLAR POWER ELECTRICITY SALES 221114 67705 67705 8942 8942 357878 29681253 5116957 -109 301233 191643 191643 4430047 4430047 308440 308440 8681748 7185646 1091874 404228 1283844 1187537 62051 34256 709474 566390 109028 34056 713107 713107 116335 116335 301611 283180 8239 10192 28891 26492 1090 1309 472023 234602 195721 41700 1717198 1626387 90811 87409 66424 16828 4157 217094 174203 26781 16110 1513649 1036558 43199 433892 1108216 818186 231610 58420 CLOTHING COLLECTION AND 4043733 3547124 496609 PROCESSING AND HANDLING 1289143 1289143 SALES COMMISSIONS 648871 648871 REPAIRS AND MAINTENANCE 553902 476698 47851 29353 452573 221318 159 231096 28868951 24010449 3063124 1795378 4669916 4636241 110551 110518 1601595 1610964 938925 622660 889859 840180 26303838 19713380 8043853 6590458 191643 436407 16446342 14847428 1512384 1320706 2251745 319597 4937340 4686819 109670 72801 8811139 6399923 X 7635203 8447505 7635203 8447505 16446342 14847428 812302 0 X X 0 1 X 1 1 1 X 31426732 31679200 32332957 33160063 24263172 152862124 31426732 31679200 32332957 33160063 24263172 152862124 152862124 2261 2997 32029 25581 5857 68725 152150 86355 78931 101991 134216 553643 153484492 34501973 0.99590 0.99510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 250000 250000 4650816 1891285 2759531 193677 161395 32282 3815042 1987413 1827629 17394303 15673287 1721016 6590458 DEFERRED RENT 72801 72801 X 30466600 785347 785347 29681253 0 29681253 29654298 785347 785347 28868951 0 28868951 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2020. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 754,658. RENTAL EXPENSE 30,689. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 754,658. RENTAL EXPENSE 30,689. 0 0 0 0 0 0 0 0 0 0 SUB-SAHARAN AFRICA: MOZAMBIQUE THE USDA FUNDS ARE FOR SCHOOL MEALS, TRAINING OF PRIMARY SCHOOL TEACHERS, ESTABLISHING CLEAN WATER SOURCES, SCHOOL GARDENS, AND LITERACY PROGRAMS FOR GRADES 1-3. 4430047 WIRE TRANSFER 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION USES SEVERAL METHODS TO MONITOR GRANTS MADE OUTSIDE THE U.S. INCLUDING: RECEIVING PERIODIC OPERATIONAL AND FINANCIAL REPORTS, RECEIVING THE RESULTS OF INDEPENDENT AUDITS FROM LICENSED, INTERNATIONAL, INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS ON PROGRAM OPERATIONS AND MAKING ON-SITE VISITS. PART I, LINE 3: EXPENDITURES ARE ACCOUNTED FOR ON THE ACCRUAL BASIS. PART III ACCOUNTING METHOD: X X 0 0 0 0 0 0 0 0 0 THOMAS MEEHAN CFO 168610 0 0 0 0 0 0 0 92 0 168702 0 0 0 X 5862 AVERAGE SALES PRICE X 21573697 AVERAGE SALES PRICE 0 0 1 PART I, LINE 32B: THE ORGANIZATION UTILIZES THIRD PARTY BROKERS TO SELL DONATED CLOTHING, SHOES, BOOKS, AND OTHER HOUSEHOLD GOODS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S GOVERNING BODY READS THE FORM 990 AND ASKS MANAGEMENT AND THE INDEPENDENT ACCOUNTANTS ANY QUESTIONS THEY MAY HAVE. FORM 990, PART VI, SECTION B, LINE 12C FULL DISCLOSURE, BY NOTICE IN WRITING, IS MADE BY THE INTERESTED PARTIES TO THE FULL BOARD OF DIRECTORS IN ALL CONFLICTS OF INTEREST. EACH BOARD MEMBER, OFFICER, STAFF MEMBER AND VOLUNTEER SIGNS AND DATES THE POLICY AT THE BEGINNING OF HER/HIS TERM OF SERVICE OR EMPLOYMENT. FAILURE TO SIGN DOES NOT NULLIFY THE POLICY. THE POLICY AND DISCLOSURE FORM IS FILED ANNUALLY BY ALL SPECIFIED PARTIES. FORM 990, PART VI, SECTION B, LINE 15 15A: AT HIRE, COMPENSATION IS DETERMINED BASED ON MARKET AND QUALIFICATIONS. THE BOARD PERFORMS REGULAR COMPREHENSIVE PERFORMANCE REVIEWS OF THE CEO. 15B: AT HIRE, COMPENSATION IS DETERMINED BASED ON MARKET AND QUALIFICATIONS. ALL STAFF IS SUBJECT TO REGULAR REVIEWS AND CHANGES IN COMPENSATION IS BASED ON SUCH REVIEWS AS WELL AS THE MARKET. FORM 990, PART VI, SECTION C, LINE 18 THE 990 AND 990T ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND THIRD-PARTY WEBSITES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENT SUMMARIES ARE AVAILABLE IN THE ANNUAL REPORT, WHICH IS ON THE ORGANIZATION'S WEBSITE AS WELL AS ON THE ATTORNEY GENERAL'S WEBSITE. ALL GOVERNING DOCUMENTS, AS WELL AS THE TAX RETURNS AND FINANCIAL STATEMENTS, ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C PLANET AID DID NOT CHANGE ITS FINANCIAL OVERSIGHT PROCESS AS OF DECEMBER 31, 2020.