Tern Inc
- Assets
- $82.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Forsyth, GA
- Founding
- 08/1992
- Data as of
- 12/2023
- EIN
- 58-2004722
Organization Overview
Tern Inc is located in Forsyth, GA. The organization was established in 1992. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tern 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 12/2023, Tern Inc generated $57.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $132.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
T. E. R. N., INC PROVIDES FINANCIAL SUPPORT TO THE NONGAME WILDLIFE PROGRAM ADMINISTERED BY THE GEORGIA DEPARTMENT OF NATURAL RESOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Johnson Terry Executive Di | 0 | $0 | |
Booker Jerry Treasurer | 0 | $0 | |
Donovan Jerry Vice Preside | 0 | $0 | |
Kilgore Kim Secretary | 0 | $0 | |
Ambrose Jon Board Member | 0 | $0 | |
Mike Dillard Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,133 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $571 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,005 |
| Other Revenue | $0 |
| Total Revenue | $57,709 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,036 |
| Professional fees and other payments to independent contractors | $2,961 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $111,833 |
| Total expenses | $132,830 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,830 |
| Other assets | $0 |
| Total assets | $82,830 |
| Total liabilities | $13,071 |
| Net assets or fund balances | $69,759 |