Civic Intelligence

Plasticos Foundation

990 • Fiscal year 2016 • EIN 33-0831358

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 10, 2017

3991 MacArthur Blvd Room 320Newport Beach, CA 92660-3004

(949) 720-3888

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

36th percentile

0.01x

Higher debt load relative to assets than 36% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

39th percentile

0.02x

Higher debt load relative to revenue than 39% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

14th percentile

-21%

Higher net margin than 14% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

16th percentile

-9.9%

Faster asset growth than 16% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

95th percentile

133%

Faster revenue growth than 95% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$712,387

Down $78,112 (-9.9%) from 2015

Net Assets

Down

$706,507

Down $79,187 (-10%) from 2015

Liabilities

Up

$5,880

Up $1,075 (+22%) from 2015

Revenue

Up

$384,545

Up $219,316 (+133%) from 2015

Expenses

Up

$463,732

Up $358,467 (+341%) from 2015

Net Income

Down

-$79,187

Down $139,151 (-232%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $392,434Net Assets 2010: $392,4342010Assets 2011: $411,983Liabilities 2011: $0Net Assets 2011: $411,9832011Assets 2014: $730,708Liabilities 2014: $4,978Net Assets 2014: $725,7302014Assets 2015: $790,499Liabilities 2015: $4,805Net Assets 2015: $785,6942015Assets 2016: $712,387Liabilities 2016: $5,880Net Assets 2016: $706,5072016Assets 2017: $894,469Liabilities 2017: $7,625Net Assets 2017: $886,8442017Assets 2019: $2,071,071Liabilities 2019: $4,135Net Assets 2019: $2,066,9362019Assets 2020: $2,090,674Liabilities 2020: $1,836Net Assets 2020: $2,088,8382020Assets 2021: $2,473,550Liabilities 2021: $15,379Net Assets 2021: $2,458,1712021Assets 2022: $2,287,276Liabilities 2022: $71,177Net Assets 2022: $2,216,0992022Assets 2024: $2,277,607Liabilities 2024: $109,942Net Assets 2024: $2,167,6652024

Highlighted filing

2016

Assets$712,387
Liabilities$5,880
Net Assets$706,507

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $36,721Expenses 2010: $56,391Net Income 2010: -$19,6702010Expenses 2011: $68,6702011Revenue 2014: $112,627Expenses 2014: $35,247Net Income 2014: $77,3802014Revenue 2015: $165,229Expenses 2015: $105,265Net Income 2015: $59,9642015Revenue 2016: $384,545Expenses 2016: $463,732Net Income 2016: -$79,1872016Revenue 2017: $461,621Expenses 2017: $314,203Net Income 2017: $147,4182017Revenue 2019: $1,407,472Expenses 2019: $782,455Net Income 2019: $625,0172019Revenue 2020: $563,136Expenses 2020: $469,604Net Income 2020: $93,5322020Revenue 2021: $951,406Expenses 2021: $680,943Net Income 2021: $270,4632021Revenue 2022: $1,339,171Expenses 2022: $1,503,800Net Income 2022: -$164,6292022Revenue 2024: $1,532,008Expenses 2024: $1,586,184Net Income 2024: -$54,1762024

Highlighted filing

2016

Revenue$384,545
Expenses$463,732
Net Income-$79,187
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 10, 2017
Return Version
2016v3.0
Gross Receipts
$765,389
Mission and Program Overview

Mission

Provide free reconstructive surgery to those in need primarily children train local doctors and nurses where needed create opportunities for medical volunteers educate public abount need and prevention.

To provide reconstructive plastic surgical training and care to those in need, regardless of their ability to pay, and to advance the field of Plastic Surgery through education and research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$408,308$465,957▲ $57,649
Savings and Temporary Cash Investments$279,506$165,205▼ $114,301
Inventories for Sale or Use$102,685--
Land, Buildings, and Equipment, Net-$42,418-
Other Notes and Loans Receivable, Net-$4,537-
Total Assets$790,499$712,387▼ $78,112
Other Assets Total-$34,270-
Liabilities
Accounts Payable and Accrued Expenses$4,390$5,880▲ $1,490
Other Liabilities$415--
Total Liabilities$4,805$5,880▲ $1,075
Net Assets / Fund Balance
Unrestricted Net Assets$330,181$325,534▼ $4,647
Temporarily Rstr Net Assets$272,685$198,145▼ $74,540
Permanently Rstr Net Assets$182,828$182,828→ $0
Total Net Assets Fund Balance$785,694$706,507▼ $79,187
Total Liabilities and Net Assets / Fund Balance$790,499$712,387▼ $78,112

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$42,418$29,094$71,512
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan WilliamsonExecutive DirectorFT$144,641$9,726$154,367

Board Members and Trustees

NameTitle
Larry Nichter MDPresident
Donald Booth PhDDirector
Nella Webster O'GradyDirector
Paul ShortDirector
Rachel RussellDirector
Raj SinghDirector
Ruth Ann BurnsDirector
Sol KhazaniDirector
Tim S GlassettSecretary/General Counsel
Robert G Burns MDTreasurer
Jed H Horowitz MDVP
Revenue and Support

Revenue Composition

Contributions and Grants
$318,197
Program Service Revenue
$0
Investment Income
$17,385
Other Revenue
$48,963
All Other Contributions
$318,197
Change in Net Assets
$-79,187

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Drugs and Medical Supplies5$122,930Market
Total Noncash Contributions5$122,930-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$291,216
Salaries, Compensation, and Employee Benefits$169,534
Total Fundraising Expense$86,430
Grants and Similar Amounts Paid$2,982
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$84,899$23,160$46,308$154,367
Travel$62,737-$1,764$64,501
Depreciation Depletion$25,997--$25,997
Advertising--$15,723$15,723
Payroll Taxes$8,345$2,270$4,552$15,167
Conferences and Meetings-$5,006$1,000$6,006
Office Expenses-$3,809-$3,809
Grants to Domestic Orgs$2,982--$2,982
Other Expenses$151,520$1,975$17,083$1,975
Fees for Services Accounting-$1,725-$1,725
Insurance-$1,625-$1,625
All Other Expenses$1,193$59-$1,252
Total Functional Expenses$337,673$39,629$86,430$463,732
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Miscellaneous payable-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Director Robert G. Burns and Ruthann Burns are married. Also, Directors Larry Nichter and Jed Horowitz share a medical practice.

Filing and Contact Details

Filer

Filer Name
Plasticos Foundation
EIN
33-0831358
Phone
9497203888
Address
3991 MacArthur Blvd Room 320, Newport Beach, CA 92660-3004

Signing Officer

Name
Tim Glassett
Title
Secretary
Signed
2017-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Nichter MD
Formed
1998
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
1
Volunteers
100

Preparer

Firm
Prince Hansen Gray & Associates Pllc
Address
11075 SOUTH STATE STREET UNIT 4, SANDY, UT 84070
Preparer
Douglas R Hansen
Phone
8018925900
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Larry Nichter MD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Cabo San Lucas, Mexico - A team of six volunteer medical professionals and a mission coordinator traveled to Mexico to perform post-mastectomy breast reconstruction surgery and train one of the two plastic surgeons serving the large region to perform the procedures self-sufficiently and consult on complex congenital deformity cases which require multiple surgical procedures over several years. 20 patients were treated. The mission included a 2 day site visit to meet with government and hospital officials and determine the supply and equipment needs of the hospital and a separate 5 day trip to screen patients and perform surgical procedures.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt042283
IRS990/ProgSrvcAccomActy3Grp/Desc0Havana, Cuba - In partnership with Stanford University and another agency, produced the FIRST EVER international plastic surgery conference, training nearly 1,000 Cuban surgeons. Two plastic surgeons, members of the Plasticos Foundation Board of Directors, partnered in creating curriculum and served as lecturers at the historic event which spanned 4 days and included a two day site visit to meet with partner agencies and government officials.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt05434
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0190682
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01700
IRS990/PYInvestmentIncomeAmt072811
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt052573
IRS990/PYOtherRevenueAmt0-98264
IRS990/PYRevenuesLessExpensesAmt059964
IRS990/PYSalariesCompEmpBnftPaidAmt050992
IRS990/PYTotalExpensesAmt0105265
IRS990/PYTotalRevenueAmt0165229
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-79187
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0279506
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0165205
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0195267
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt087997
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt055209
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0230148
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt060280
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0628901
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt010618
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06692
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt048161
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt038952
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06826
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0111249
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.84970
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.82230
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt060280
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0628901
IRS990ScheduleA/TotalSupportAmt0740150
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt042418
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029094
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt071512
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Miscellaneous payable
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt042418
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0true
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0144641
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount03726
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt06000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Susan Williamson
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0154367
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt02016 Bonus paid in 2017 that was tied to the Directors Fund Raising efforts.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 7
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/DrugsAndMedicalSuppliesGrp/ContributionCnt05
IRS990ScheduleM/DrugsAndMedicalSuppliesGrp/MethodOfDeterminingRevenuesTxt0Market
IRS990ScheduleM/DrugsAndMedicalSuppliesGrp/NonCashCheckboxInd0X
IRS990ScheduleM/DrugsAndMedicalSuppliesGrp/NoncashContributionsRptF990Amt0122930
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0true
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Director Robert G. Burns and Ruthann Burns are married. Also, Directors Larry Nichter and Jed Horowitz share a medical practice.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0272685
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0198145
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0790499
IRS990/TotalAssetsEOYAmt0712387
IRS990/TotalAssetsGrp/BOYAmt0790499
IRS990/TotalAssetsGrp/EOYAmt0712387
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0318197
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt086430
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt039629
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0337673
IRS990/TotalFunctionalExpensesGrp/TotalAmt0463732
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04805

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