Terracorps Inc

Organization Overview

Terracorps Inc is located in Lowell, MA. The organization was established in 2018. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. As of 08/2021, Terracorps Inc employed 129 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Terracorps 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 08/2021, Terracorps Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $1.8m during the year ending 08/2021. While expenses have increased by 20.7% per year over the past 3 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PREPARE AND MOBILIZE EMERGING LEADERS TO HELP COMMUNITIES GAIN ACCESS TO AND CONSERVE LAND FOR PEOPLE AND NATURE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RECRUIT, ASSIGN, AND PROVIDE SUPPORT FOR AMERICORPS MEMBERS AT PARTNER SITES ACROSS THE STATE.


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Board, Officers & Key Employees

Name (title)Compensation
David Graham Wolf
President/ceo
$87,997
Thai Ha-Ngoc
Treasurer
$0
Reggie Hall
Co-Chair
$0
Zoe Davis
Director
$0
Nydia Hernandez
Director
$0
Benjamin J Padilla
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,037,952
All other contributions, gifts, grants, and similar amounts not included above$87,662
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,125,614
Total Program Service Revenue$443,871
Investment income $1,381
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 $1,570,866

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Terracorps Inc has recieved totaling $88,012.

Awarding OrganizationAmount
Tortuga Foundation

New York, NY

PURPOSE: GENERAL CHARITABLE PURPOSES

$80,000
The Rhode Island Community Foundation

Providence, RI

PURPOSE: IMPLEMENTING SALESFORCE NPSP TO ENHANCE TERRACORPS STRATEGIC OPERATIONAL EFFICIENCY

$8,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$12
View Grant Recipient Profile

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