THE OFFSET PROJECT INC

EIN: 262818584 501(c)(3)

MONTEREY, CA

Total Revenue
$329,385
Total Expenses
$332,592
Total Assets
$1,076
Net Assets
$-19,806
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
CA
Principal Officer
ELIZABETH HIRSCH
Phone
8313728104
Tax Period
2018-01-01 to 2018-12-31

THE OFFSET PROJECT INC, founded in 2008, is a small nonprofit that reported $329K in total revenue in fiscal year 2018. Revenue fell 27% from the prior year — a significant decline worth monitoring.

Mission

TO OFFSET ENVIRONMENTAL IMPACT THROUGH EDUCATION, COLLABORATION AND GRASSROOTS INITIATIVES.

Program Service Accomplishments

Program 1
Expenses: $160,163 Revenue: $51,927

SUSTAINABLE COMMUNITIES: CONSULTING TO ASSIST IMPROVE SUSTAINABILITY AS A REGION. PROVIDED TRAINING, WORKSHOPS AND SUSTAINABILITY EDUCATION TO THE LOCAL BUSINESS COMMUNINTY, IMPLEMENTED ISO AND CRS...

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SUSTAINABLE COMMUNITIES: CONSULTING TO ASSIST IMPROVE SUSTAINABILITY AS A REGION. PROVIDED TRAINING, WORKSHOPS AND SUSTAINABILITY EDUCATION TO THE LOCAL BUSINESS COMMUNINTY, IMPLEMENTED ISO AND CRS ENVIRONMENTAL CERTIFICATIONS AND OFFERED STRATEGIC PLANNING FOR CORPORATE SUSTAINABLE INITIATIVES.

Program 2
Expenses: $135,785 Revenue: $133,529

THE ZERO WASTE SPECIAL EVENTS PROGRAM: BRINGING HANDS-ON RECYCLING, MITIGATION AND WASTE STREAM EDUCATION TO MOST OF THE PREMIER SPECIAL EVENTS AROUND MONTEREY COUNTY.WORKED WITH EVENT PROMOTERS TO...

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THE ZERO WASTE SPECIAL EVENTS PROGRAM: BRINGING HANDS-ON RECYCLING, MITIGATION AND WASTE STREAM EDUCATION TO MOST OF THE PREMIER SPECIAL EVENTS AROUND MONTEREY COUNTY.WORKED WITH EVENT PROMOTERS TO GUIDE SUSTAINABLE PURCHASING; PROVIDED TRAINING IN WASTE REDUCTION STRATEGIES; DELIVERED NECESSARY INFRASTRUCTURE, ON-THE-GROUND SUPPORT, AND DOCUMENTATION REPORTS IN ORDER TO ACHIEVE A ZERO WASTE VISION.

Program 3
Expenses: $16,875 Revenue: $18,428

CLIMATE SOLUTIONS: The organization is driving policies and market solutions that pave the way for advanced distributed energy projects and Net Zero Energy (NZE) communities. We work closely with...

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CLIMATE SOLUTIONS: The organization is driving policies and market solutions that pave the way for advanced distributed energy projects and Net Zero Energy (NZE) communities. We work closely with climate-conscious communities and industry-leading energy professionals to develop and implement effective strategies for meeting our energy needs with clean, sustainable and locally produced renewable energy.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $118,111
Program Service Revenue $203,884
Investment Income $2,990
Other Revenue $4,400
TOTAL REVENUE $329,385

Expense Breakdown

Grants Paid $29,998
Salaries & Benefits $71,588
Fundraising Expenses $0
Program Expenses $312,823
Other Expenses $231,006
TOTAL EXPENSES $332,592

Year-over-Year Comparison

2018 2017 Change
Revenue $329,385 $449,405 -0.3%
Expenses $332,592 $466,263 -0.3%
Net Income $-3,207 $-16,858 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
5
Volunteers
500

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICK TOMB Director 1.00
Director
$0 $0 $0
ELIZABETH HIRSCH Chairman 1.00
Director
$0 $0 $0
ANN GAGLIOTI Secretary 1.00
Officer
$0 $0 $0
HARUNO ITO Treasurer 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2018 $329,385 $332,592 $1,076 $-3,207
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