Tergar International
- Assets
- $3.0m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 18
- Location
- Minneapolis, MN
- Founding
- 05/2004
- Data as of
- 12/2021
- EIN
- 26-4735078
Organization Overview
Tergar International is located in Minneapolis, MN. The organization was established in 2004. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Tergar International employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tergar International is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Tergar International generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $3.1m during the year ending 12/2021. While expenses have increased by 15.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TERGAR MEDITATION COMMUNITY TEACHES PRACTICES THAT CULTIVATE AWARENESS, COMPASSION, AND WISDOM, AND SUPPORTS A DIVERSE, INTERNATIONAL COMMUNITY OF PRACTIONERS AT ALL LEVELS OF COMMITMENT AND EXPERIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TERGAR MEDITATION COMMUNITY TEACHES PRACTICES THAT CULTIVATE AWARENESS, COMPASSION, AND WISDOM, AND SUPPORTS A DIVERSE, INTERNATIONAL COMMUNITY OF PRACTIONERS AT ALL LEVELS OF COMMITMENT AND EXPERIENCE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cortland Dahl Executive Di | Officer | 40 | $103,735 |
Isboset Josafat Amador Cto & Board | OfficerTrustee | 40 | $86,750 |
Edwin Kelley CFO & Instru | Officer | 40 | $80,835 |
Rasmus Wassard Hougaard Chairman | OfficerTrustee | 2 | $0 |
Annie Rosen Treasurer | OfficerTrustee | 2 | $0 |
Antonia Dorthe Sumbundu Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,100,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,100,500 |
| Total Program Service Revenue | $2,951,402 |
| Investment income | $335 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,053,588 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $245,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $271,322 |
| Compensation of current officers, directors, key employees. | $178,301 |
| Compensation to disqualified persons | $69,287 |
| Other salaries and wages | $506,921 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $133,158 |
| Payroll taxes | $81,385 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $42,383 |
| Fees for services: Accounting | $9,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $934,264 |
| Advertising and promotion | $120,069 |
| Office expenses | $24,659 |
| Information technology | $164,751 |
| Royalties | $0 |
| Occupancy | $142,459 |
| Travel | $1,096 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,882 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $147,000 |
| Insurance | $9,031 |
| All other expenses | $24,988 |
| Total functional expenses | $3,145,949 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $230,477 |
| Savings and temporary cash investments | $2,086,340 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $121,880 |
| Net Land, buildings, and equipment | $552,225 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,801 |
| Total assets | $2,998,723 |
| Accounts payable and accrued expenses | $199,712 |
| Grants payable | $5,459 |
| Deferred revenue | $11,119 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $216,290 |
| Net assets without donor restrictions | $2,782,433 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,998,723 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Tergar International has recieved totaling $104,775.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $38,910 |
George Family Foundation Minneapolis, MN PURPOSE: JOY OF LIVING PROGRAM EXPANSION AND UPGRADE | $20,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $13,729 |
George Family Foundation Minneapolis, MN PURPOSE: CORE MISSION SUPPORT | $10,000 |
George Family Foundation Minneapolis, MN PURPOSE: CORE MISSION SUPPORT | $10,000 |
Hedberg Foundation Inc Lake Forest, IL PURPOSE: SUPPORTING INDIVIDUALS AND COMMUNITIES TO LIVE WITH AWARENESS, COMPASSION AND WISDOM | $6,667 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tergar International Minneapolis, MN | $2,998,723 | $4,053,588 |
Foreign Type Cheesemakers Assn Monroe, WI | $3,139,728 | $2,950,830 |
International Union Of Elevator Constructors Little Canada, MN | $3,244,690 | $1,759,327 |
Naesa International Mankato, MN | $2,436,423 | $1,530,201 |
International Association Of Bridge Structural & Ornamental Iron Wkrs Madison, WI | $4,407,818 | $1,420,139 |
Ioas Inc Fargo, ND | $951,504 | $1,368,683 |
International Association Of Bridge Structural & Ornamental Iron Wkrs- Cedar Rapids, IA | $1,575,158 | $1,169,729 |
International Concrete Repair Institute St Paul, MN | $1,221,045 | $1,222,339 |
International Brotherhood Of Teamsters Des Moines, IA | $1,072,543 | $822,102 |
International Union Of Elevator Constructors New Berlin, WI | $990,972 | $735,519 |
International Union Of Elevator Constructors Des Moines, IA | $1,357,019 | $573,230 |
Pontiac-Oakland Cars International Inc Long Lake, MN | $434,005 | $541,886 |