Civic Intelligence

Azulita Project Inc.

990EZ • Fiscal year 2018 • EIN 81-0869112

Jul 01, 2017 to Jun 30, 2018 • Filed on May 04, 2019

450 S River Run RoadFlagstaff, AZ 86001

(928) 607-3380

Siviq Scores

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

Liabilities / Assets

80th percentile

0.13x

Higher debt load relative to assets than 80% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

82nd percentile

0.09x

Higher debt load relative to revenue than 82% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

76th percentile

21%

Higher net margin than 76% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

88th percentile

71%

Faster asset growth than 88% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

22nd percentile

-22%

Faster revenue growth than 22% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$64,240

Up $26,659 (+71%) from 2017

Net Assets

Up

$55,877

Up $18,296 (+49%) from 2017

Liabilities

Up

$8,363

Up $8,363 from 2017

Revenue

Down

$88,913

Down $25,504 (-22%) from 2017

Expenses

Down

$70,617

Down $6,447 (-8.4%) from 2017

Net Income

Down

$18,296

Down $19,057 (-51%) from 2017

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2017: $37,581Liabilities 2017: $0Net Assets 2017: $37,5812017Assets 2018: $64,240Liabilities 2018: $8,363Net Assets 2018: $55,8772018Assets 2019: $66,312Liabilities 2019: $0Net Assets 2019: $66,3122019Assets 2020: $56,355Liabilities 2020: $1,753Net Assets 2020: $54,6022020Assets 2021: $61,197Liabilities 2021: $14,315Net Assets 2021: $46,8822021Assets 2022: $51,285Liabilities 2022: $12,737Net Assets 2022: $38,5482022Assets 2023: $55,248Liabilities 2023: $6,536Net Assets 2023: $48,7122023Assets 2024: $74,874Liabilities 2024: $16,762Net Assets 2024: $58,1122024Assets 2025: $85,130Liabilities 2025: $39,350Net Assets 2025: $45,7802025

Highlighted filing

2018

Assets$64,240
Liabilities$8,363
Net Assets$55,877

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2017: $114,417Expenses 2017: $77,064Net Income 2017: $37,3532017Revenue 2018: $88,913Expenses 2018: $70,617Net Income 2018: $18,2962018Revenue 2019: $83,453Expenses 2019: $73,018Net Income 2019: $10,4352019Revenue 2020: $59,071Expenses 2020: $70,781Net Income 2020: -$11,7102020Revenue 2021: $54,838Expenses 2021: $62,558Net Income 2021: -$7,7202021Revenue 2022: $64,498Expenses 2022: $72,832Net Income 2022: -$8,3342022Revenue 2023: $70,532Expenses 2023: $60,368Net Income 2023: $10,1642023Revenue 2024: $56,798Expenses 2024: $47,398Net Income 2024: $9,4002024Revenue 2025: $48,112Expenses 2025: $60,444Net Income 2025: -$12,3322025

Highlighted filing

2018

Revenue$88,913
Expenses$70,617
Net Income$18,296
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 4, 2019
Return Version
2017v2.2
Gross Receipts
$89,775
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O$50,795$53,676
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HELENE JOHNSTONEBoard ChairPT$0--
MIKE GIOVALETreasurer-$0--
MARY MCCARTHYSecretary-$0--
JMES MARTINBoard Member-$0--
JOHN TEVETENBoard Member-$0--
MARIA CAMPBELLBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Azulita Project Inc
EIN
81-0869112
Address
450 S RIVER RUN ROAD, FLAGSTAFF, AZ 86001

Signing Officer

Name
Helene Johnstone
Title
Board Chair
Phone
9286073380
Signed
2019-05-04
Discuss with paid preparer
No

Preparer

Firm
Johanna Klomann CPA Pllc
Address
419 W ASPEN AVE, FLAGSTAFF, AZ 86001
Preparer
Johanna Klomann CPA
Phone
9287748995
Supplemental Narrative

Additional Explanations

General explanation attachment

Form 990-ez, part iii, primary exempt purpose - to promote education, including in the areas of human health, the environment, marine conservation and organic farming; and to assist in implementing projects and practices consistent with such eachings in underserved areas, initially in mexico. Form 990-ez, part iii, line 28, program service accomplishments: the azulita project promotes community health through plastic recycling, art, and educational programs in guerrero, mexico. The project works to create a replicable, sustainable business model that provides economic incentives and social support to combat one of todays most serious environmental threats: marine plastic pollution. Inspired by the effectiveness of deposits on glass bottles and the recycling vaue of aluminum cans, the azulita project created a privately subsidized plastic buy back program that places value on post-consumer plastic. Purchasing plastic at a premium of $2.50 pesos per kilo encourages local residents to collect and recycle plastic waste instead of burning it or tossing it into open trash piles. Since the start of azulita projects initiative purchasing and education programs, recycling participation has dramatically increased and plastic polution has noticably decreased in guerreros costa grande region.azulita project team members purchase plastic waste from residents and then clean, process and compress the plastic at azulitas los llanos plastic collection facility. When the team has processed and baled 10 to 15 tons of plastic it is shopped and sold to a recycling facility near guadalajara, mexico.

List of grants and similar amounts paid Part I line 10

Activity economic incentives and social seupport grantee los llanos sn cp street 40804 carrt fed city, province, country, postal zihua cardenas, los llanos mexicorelationship affiliate amount 50,795

Description of total liabilities Part II line 26

Category beginning of year end of yearbop payable 0 8,363

Raw XML Appendix154 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990-EZ, PART III, PRIMARY EXEMPT PURPOSE - TO PROMOTE EDUCATION, INCLUDING IN THE AREAS OF HUMAN HEALTH, THE ENVIRONMENT, MARINE CONSERVATION AND ORGANIC FARMING; AND TO ASSIST IN IMPLEMENTING PROJECTS AND PRACTICES CONSISTENT WITH SUCH EACHINGS IN UNDERSERVED AREAS, INITIALLY IN MEXICO. FORM 990-EZ, PART III, LINE 28, PROGRAM SERVICE ACCOMPLISHMENTS: THE AZULITA PROJECT PROMOTES COMMUNITY HEALTH THROUGH PLASTIC RECYCLING, ART, AND EDUCATIONAL PROGRAMS IN GUERRERO, MEXICO. THE PROJECT WORKS TO CREATE A REPLICABLE, SUSTAINABLE BUSINESS MODEL THAT PROVIDES ECONOMIC INCENTIVES AND SOCIAL SUPPORT TO COMBAT ONE OF TODAYS MOST SERIOUS ENVIRONMENTAL THREATS: MARINE PLASTIC POLLUTION. INSPIRED BY THE EFFECTIVENESS OF DEPOSITS ON GLASS BOTTLES AND THE RECYCLING VAUE OF ALUMINUM CANS, THE AZULITA PROJECT CREATED A PRIVATELY SUBSIDIZED PLASTIC BUY BACK PROGRAM THAT PLACES VALUE ON POST-CONSUMER PLASTIC. PURCHASING PLASTIC AT A PREMIUM OF $2.50 PESOS PER KILO ENCOURAGES LOCAL RESIDENTS TO COLLECT AND RECYCLE PLASTIC WASTE INSTEAD OF BURNING IT OR TOSSING IT INTO OPEN TRASH PILES. SINCE THE START OF AZULITA PROJECTS INITIATIVE PURCHASING AND EDUCATION PROGRAMS, RECYCLING PARTICIPATION HAS DRAMATICALLY INCREASED AND PLASTIC POLUTION HAS NOTICABLY DECREASED IN GUERREROS COSTA GRANDE REGION.AZULITA PROJECT TEAM MEMBERS PURCHASE PLASTIC WASTE FROM RESIDENTS AND THEN CLEAN, PROCESS AND COMPRESS THE PLASTIC AT AZULITAS LOS LLANOS PLASTIC COLLECTION FACILITY. WHEN THE TEAM HAS PROCESSED AND BALED 10 TO 15 TONS OF PLASTIC IT IS SHOPPED AND SOLD TO A RECYCLING FACILITY NEAR GUADALAJARA, MEXICO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY ECONOMIC INCENTIVES AND SOCIAL SEUPPORT GRANTEE LOS LLANOS SN CP STREET 40804 CARRT FED CITY, PROVINCE, COUNTRY, POSTAL ZIHUA CARDENAS, LOS LLANOS MEXICORELATIONSHIP AFFILIATE AMOUNT 50,795
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARBOP PAYABLE 0 8,363
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
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ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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