Tropics Foundation Inc
- Assets
- $222.4k
- Revenue
- $407.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 08/1999
- Data as of
- 12/2021
- EIN
- 31-1657304
Organization Overview
Tropics Foundation Inc is located in Atlanta, GA. The organization was established in 1999. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tropics Foundation Inc 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, Tropics Foundation Inc generated $407.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 32.6% each year . All expenses for the organization totaled $405.1k during the year ending 12/2021. While expenses have increased by 32.4% per year over the past 6 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
EXPAND THE CHARITABLE SCIENTIFIC AND EDUCATIONAL FUNCTION OF CATIE (CENTER FOR TROPICAL AGRICULTRUAL EDUCATION AND RESEARCH), A NONPROFIT ORGANIZATION HEADQUARTERED IN COSTA RICA WITH OFFICES IN MUCH OF LATIN AMERICA. THIS WILL BE ACHIEVED BY THE FOLLOWING THREE ACTIVITIES: (1) SPONSORING SCIENTIFIC AND EDUCATIONAL PROGRAMS; (2) FUNDING RESEARCH, STUDY AND PUBILCATION IN SCIENTIFIC AREAS RELEVENT TO THE FOUNDATION'S MISSION, AND; (3) WORKING WITH NON-PROFIT ENVIROMENTAL AND ECOLOGICAL ORGANIZATIONS WITHIN THE UNITED STATES AND ABROAD. ALL THREE ACTIVIIES WILL SERVE THE FUNCTION OF EDUCATING AND INFORMING ORGANIZATIONS ABOUT THE IMPORTANCE OF PRESERVING THE AMERICAN TROPICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A GRANT FROM ASHA PROVIDED FUNDS TO UPGRADE THE CATIE CAMPUS INTERNET CAPABILITIES, ADD SERVERS AND COMPUTERS TO ALLOW CATIE TO PERFORM ONLINE AND BLENDED EDUCATION. IN EFFECT, THIS PROJECT BROUGHT THE CATIE DIGITAL CAPABILITIES UP TO THE STANDARD OF MOST US INSTITUTIONS OF HIGHER LEARNING. THE ENTIRE AMOUNT OF THE GRANT FROM ASHA WAS MADE TO CATIE.
EACH YEAR WE CONDUCT A MAJOR DONOR FUNDRAISING CAMPAIGN WHICH GOES TO THE GENERAL BUDGET OF CATIE. CONTRIBTONS FROM THE WALLACE GENETICS FOUNDATION ($25,000), SOUTWEST AIRLINES ($19,100), AND RICHARD SILVISTRINI ($5,000), WE PROVIDE TO CATIE TO DEFRAY GENERAL EXPENSES.
IN RECOGNITION OF THE DEVASTATING FLOODS IN THE TURRIALBA REGION OF COSTA RICA, WE ESTABLISHED A GOFUNDME AND FACEBOOK ACCOUNTS TO RAISE FUNDS TO ASSIST THOSE IMPACTED. ALL OF THOSE FINDS WERE SENT TO A SPECIAL BRANCH OF CATIE THAT ADMINISTERED THE ASSISTANCE TO THE PUBLIC.
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 |
|---|---|---|---|
Tom Miller President | Officer | 1 | $0 |
Michael Stimpert Secretary And Treasurer | Officer | 1 | $0 |
Laura Scandurra Director | Trustee | 1 | $0 |
David Cotrell Director | Trustee | 1 | $0 |
Allen Terhaar Director | Trustee | 1 | $0 |
Ted Grover Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $343,769 |
| All other contributions, gifts, grants, and similar amounts not included above | $63,565 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $407,334 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $407,334 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $402,021 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $2,250 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $798 |
| All other expenses | $0 |
| Total functional expenses | $405,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,438 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $200,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $222,438 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $11,000 |
| Total liabilities | $11,000 |
| Net assets without donor restrictions | $211,438 |
| 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 | $222,438 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Tropics Foundation Inc has recieved totaling $26,155.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: International Development | $19,100 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $7,055 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Earth University Foundation Atlanta, GA | $90,117,670 | $9,563,171 |
Hogar De Cristo Usa Inc Pompano Beach, FL | $17,468 | $2,612,445 |
Finish The Task Inc Lawrenceville, GA | $219,087 | $1,619,272 |
Neve Michael Childrens Village Inc Pembroke Pines, FL | $279,810 | $1,334,244 |
American Friends Of The Peres Institute For Peace Inc Miami, FL | $15,099 | $904,640 |
Wiphan Care Ministries Inc Roswell, GA | $388,374 | $1,028,075 |
Heroic Hearts Project Inc New Smyrna Beach, FL | $83,750 | $409,605 |
Tropics Foundation Inc Atlanta, GA | $222,438 | $407,334 |
Visitation Hospital Foundation Nashville, TN | $912,984 | $505,515 |
Guatemala Childrens Mission Inc Bonita Springs, FL | $1,129,602 | $390,293 |
Kerala Christian Mission Inc Greensboro, GA | $503,323 | $401,492 |
Puresa Humanitarian Boca Raton, FL | $1,001 | $130,927 |